The Foundation Certificate in Personal Finance

The Foundation Certificate in Personal Finance is a pilot qualification created in partnership between the Scottish Qualifications Authority www.sqa.org.uk and the Institute of Financial Services Institute of Financial Services.

The aims of the qualification are to:                                                                                                     

• Raise awareness and understanding of personal finance matters for 14- 19 year olds
• Equip individuals with the knowledge and skills to be able to cope confidently and effectively with basic financial encounters they are likely to meet
• Teach students what influences how we spend or save money, and how to become competent at managing their own money

The course is divided into two units:

• Introduction to Money Unit
• Money Management

Learning and teaching materials and assessments are provided by IFS and benchmarked against Intermediate 1, with joint certification of achievement provided by SQA and IFS.

If you are offering this course, please include it in your next PROMT submission for inclusion on the national learning opportunities database (NLOD).