Online Course Level 1 Award in Understanding Essential Finance RQF

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International Students can apply

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Online Course Level 1 Award in Understanding Essential Finance RQF

Overview

The Online Course Level 1 Award in Understanding Essential Finance RQF is designed for individuals seeking to enhance their financial literacy. This course covers fundamental concepts such as budgeting, financial statements, and investment basics. Ideal for beginners or those looking to refresh their knowledge, this program provides a solid foundation in essential finance skills. Whether you are a student, professional, or simply interested in personal finance, this course offers practical insights to help you make informed financial decisions. Take the first step towards financial empowerment and enroll today!

Embark on a transformative journey with our Online Course Level 1 Award in Understanding Essential Finance RQF. Gain a solid foundation in financial principles, budgeting, and investment strategies. This course is perfect for beginners looking to enhance their financial literacy and make informed decisions. Stand out in the competitive job market with a recognized qualification. Unlock lucrative career prospects in banking, accounting, and financial planning. Our comprehensive curriculum is designed by industry experts to provide practical knowledge and skills. Enroll today to take control of your finances and pave the way for a successful future. (12)

Entry requirements




International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content

• Understanding the role of finance in business
• Understanding financial documents
• Understanding financial transactions
• Understanding the importance of budgeting
• Understanding the principles of costing and pricing
• Understanding the use of financial information
• Understanding the importance of financial planning
• Understanding the principles of cash flow
• Understanding the principles of credit control
• Understanding the principles of financial management

Assessment

The assessment is done via submission of assignment. There are no written exams.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

6 months: GBP £1250
9 months: GBP £950
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

6 months - GBP £1250

9 months - GBP £950

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Accreditation

 Awarded by an OfQual regulated awarding body

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now
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Got questions? Get in touch

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Financial Analyst Analyzes financial data to provide insights for decision-making and forecasting.
Accounting Clerk Assists with financial record-keeping and processing transactions.
Budget Analyst Develops and monitors budgets to ensure financial goals are met.
Financial Planner Helps individuals and businesses create financial plans for the future.
Loan Officer Evaluates loan applications and assists clients in securing financing.

Key facts about Online Course Level 1 Award in Understanding Essential Finance RQF

The Online Course Level 1 Award in Understanding Essential Finance RQF provides learners with a foundational understanding of key financial concepts and principles. The course covers topics such as budgeting, financial statements, and basic financial calculations. By the end of the course, participants will be able to interpret financial information, make informed financial decisions, and understand the importance of financial management.
This course typically lasts for a duration of 6-8 weeks, with flexible study options to accommodate learners' schedules. The course is delivered entirely online, allowing participants to study at their own pace and convenience. Assessment is usually through online quizzes, assignments, and a final exam to test understanding and knowledge retention.
The Level 1 Award in Understanding Essential Finance RQF is relevant to a wide range of industries and professions. It is particularly beneficial for individuals working in entry-level finance roles, small business owners, entrepreneurs, and anyone looking to enhance their financial literacy skills. The course provides a solid foundation for further studies in finance and accounting, as well as practical skills that can be applied in various professional settings.

Why this course?

The Online Course Level 1 Award in Understanding Essential Finance RQF holds significant importance in today's market, especially in the UK where financial literacy is crucial for individuals and businesses alike. According to recent statistics, a staggering 49% of UK adults struggle with basic financial calculations, highlighting the urgent need for improved financial education. This course provides learners with essential knowledge and skills in finance, covering topics such as budgeting, financial planning, and investment principles. In a competitive job market, having a solid understanding of finance can give professionals a competitive edge and open up new career opportunities. Employers are increasingly seeking candidates with financial literacy skills, making this qualification highly valuable in today's workforce. The table below illustrates the growing demand for financial literacy in the UK: | Statistic | Percentage | |-----------------------------------------|-------------| | UK adults struggling with financial calculations | 49% | | Employers seeking candidates with financial literacy skills | 67% | | Increase in job opportunities for finance professionals | 15% | By obtaining the Online Course Level 1 Award in Understanding Essential Finance RQF, individuals can enhance their financial knowledge and improve their prospects in the competitive market. This qualification is not only beneficial for personal finance management but also for career advancement in various industries.

Who should enrol in Online Course Level 1 Award in Understanding Essential Finance RQF?

Ideal Audience for Online Course Level 1 Award in Understanding Essential Finance RQF | Criteria | Description | |----------|-------------| | Age | 18-30 years old | | Education | High school diploma or equivalent | | Experience | Little to no background in finance | | Goals | Seeking to improve financial literacy | | Location | UK residents | Are you a young adult in the UK looking to enhance your financial knowledge? Our Online Course Level 1 Award in Understanding Essential Finance RQF is perfect for individuals aged 18-30 with a high school diploma or equivalent. Whether you have minimal experience in finance or simply want to boost your financial literacy, this course is designed to help you achieve your goals. Join us and take the first step towards mastering essential finance concepts.