Qualifi Level 1 Award Understanding Essential Finance

Saturday, 14 February 2026 02:47:54

International Students can apply

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Qualifi Level 1 Award Understanding Essential Finance

Overview

Qualifi Level 1 Award Understanding Essential Finance

This course is designed for individuals seeking to develop a foundational understanding of finance concepts. It covers topics such as budgeting, financial statements, and basic investment principles. Ideal for beginners or those looking to refresh their knowledge, this qualification provides a solid grounding in essential financial skills. Whether you are a student, aspiring entrepreneur, or simply interested in personal finance, this course will equip you with the knowledge needed to make informed financial decisions.


Take the first step towards financial literacy and enroll in Qualifi Level 1 Award Understanding Essential Finance today!

Embark on your journey to financial literacy with the Qualifi Level 1 Award Understanding Essential Finance course. Gain a solid foundation in financial concepts and principles that are essential for personal and professional success. Learn how to manage budgets, analyze financial statements, and make informed decisions. This course opens doors to various career opportunities in finance, accounting, and business. Stand out in the competitive job market with a recognized qualification that showcases your expertise. Benefit from flexible study options and expert guidance from industry professionals. Take the first step towards a rewarding career in finance with this comprehensive course. (8)

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

• Introduction to financial terminology
• Understanding income and expenses
• Budgeting basics
• Importance of saving
• Different types of bank accounts
• Credit and debt management
• Introduction to investments
• Financial goal setting
• Understanding financial statements
• Basic principles of financial planning

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.
Tax Preparer Prepares and files tax returns for individuals and businesses.

Key facts about Qualifi Level 1 Award Understanding Essential Finance

Qualifi Level 1 Award Understanding Essential Finance is designed to provide learners with a basic understanding of financial concepts and principles. The course covers topics such as budgeting, financial statements, and financial planning.
The learning outcomes of this qualification include the ability to interpret financial information, make informed financial decisions, and understand the importance of financial management in both personal and professional settings.
The duration of the course is typically around 30 hours, which can be completed at the learner's own pace. This makes it a flexible option for individuals looking to enhance their financial literacy without committing to a long-term program.
Industry relevance of Qualifi Level 1 Award Understanding Essential Finance lies in its applicability across various sectors. The knowledge gained from this course can benefit individuals working in finance, accounting, business, or any other field that requires a basic understanding of financial concepts.
Overall, this qualification serves as a solid foundation for further studies in finance or as a standalone credential for those looking to improve their financial literacy skills.

Why this course?

The Qualifi Level 1 Award Understanding Essential Finance 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 qualification provides learners with essential knowledge and skills to navigate the complexities of finance, enabling them to make informed decisions and manage their finances effectively. In a rapidly changing economic landscape, where financial stability is paramount, this award equips professionals with the tools to succeed in their careers and contribute to the growth of their organizations. The table below illustrates the current state of financial literacy in the UK, emphasizing the need for qualifications like the Qualifi Level 1 Award Understanding Essential Finance to bridge the gap and empower individuals to take control of their financial futures. | Financial Literacy Statistics in the UK | |----------------------------------------| | 49% of UK adults struggle with basic financial calculations | | Only 38% of UK adults feel confident managing their money | | 1 in 5 UK adults have no savings at all | | 60% of UK adults do not have a budget | In conclusion, the Qualifi Level 1 Award Understanding Essential Finance is a valuable asset in today's market, addressing the pressing need for financial education and empowering individuals to thrive in an increasingly complex financial landscape.

Who should enrol in Qualifi Level 1 Award Understanding Essential Finance?

The ideal audience for the Qualifi Level 1 Award Understanding Essential Finance is individuals who are looking to gain a foundational understanding of finance concepts.
This course is perfect for beginners or those with limited knowledge in finance who want to enhance their skills.
With UK-specific statistics showing that 40% of adults struggle with basic financial calculations, this course is essential for anyone looking to improve their financial literacy.
Whether you are a student, a young professional, or someone looking to manage personal finances more effectively, this course will provide you with the necessary knowledge and skills.