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Home / Understanding Essential Finance Qualification (Ofqual) Online: FAQs & Answers

London School of International Business (LSIB)

How long does it take to complete Ofqual Level 1 Award in Understanding Essential Finance Qualification (Ofqual) online?

Completing the Ofqual Level 1 Award in Understanding Essential Finance Qualification online can vary depending on the individual's pace and commitment. However, on average, the course typically takes around 6-8 weeks to complete.

Below is a breakdown of the course structure and estimated time commitment for each module:

Module Estimated Time to Complete
Introduction to Essential Finance Concepts 1-2 weeks
Understanding Financial Statements 2-3 weeks
Budgeting and Forecasting 1-2 weeks
Financial Decision Making 1-2 weeks

It's important to note that this is just a general guideline, and individual completion times may vary. Some students may finish the course sooner, while others may take longer to fully grasp the material.

Overall, the Ofqual Level 1 Award in Understanding Essential Finance Qualification is designed to be flexible and accessible, allowing students to study at their own pace and convenience.

For more information on the course structure and enrollment details, please visit the official Ofqual website.