Qualifi Level 1 Award in Understanding Essential Finance RQF

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International Students can apply

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Qualifi Level 1 Award in Understanding Essential Finance RQF

Overview

The Qualifi Level 1 Award in Understanding Essential Finance RQF is designed for individuals seeking to develop a foundational understanding of finance concepts. This course covers key topics such as budgeting, financial statements, and basic financial calculations.


Targeted towards beginners in finance, this qualification provides a solid grounding in essential financial principles. Whether you are looking to enhance your personal finance skills or kickstart a career in finance, this course is the perfect starting point.


Take the first step towards mastering finance with Qualifi Level 1 Award in Understanding Essential Finance RQF today!

Embark on your journey to financial literacy with the Qualifi Level 1 Award in Understanding Essential Finance RQF. This comprehensive course equips you with the fundamental knowledge and skills needed to navigate the world of finance confidently. From budgeting and financial planning to understanding financial statements, you will gain a solid foundation in essential financial concepts. Stand out to employers with this valuable qualification and open doors to a variety of entry-level roles in finance and accounting. With flexible study options and expert guidance, this course is perfect for beginners looking to kickstart their career in the financial sector. (13)

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

• Understand the role of finance in business
• Understand the principles of budgeting
• Understand the principles of costing
• Understand the principles of financial transactions
• Understand the principles of financial statements
• Understand the principles of taxation
• Understand the principles of financial planning
• Understand the principles of financial risk management
• Understand the principles of financial regulations and compliance

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

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Financial Assistant Assist in financial record-keeping, budgeting, and financial analysis for organizations.
Accounts Clerk Responsible for maintaining financial records, processing invoices, and reconciling accounts.
Finance Administrator Support financial operations, including payroll processing, expense tracking, and financial reporting.
Bookkeeping Assistant Assist in maintaining accurate financial records, reconciling accounts, and preparing financial reports.
Financial Services Representative Provide customer service and financial advice to clients, promoting financial products and services.

Key facts about Qualifi Level 1 Award in Understanding Essential Finance RQF

The Qualifi Level 1 Award in Understanding Essential Finance RQF is designed to provide learners with a foundational understanding of key financial concepts. The course covers topics such as budgeting, financial statements, and basic financial calculations. By the end of the program, students will be able to interpret financial information, make informed financial decisions, and understand the importance of financial management.
This qualification typically takes around 30 hours to complete, making it a concise and focused program for individuals looking to enhance their financial literacy. The course is delivered through a combination of online learning materials, assessments, and tutor support, allowing students to study at their own pace and convenience.
The Qualifi Level 1 Award in Understanding Essential Finance RQF is relevant to a wide range of industries and professions. Whether you are a small business owner, a manager, or an aspiring finance professional, this qualification can provide you with the essential knowledge and skills needed to navigate the financial aspects of your role effectively. Additionally, this course can serve as a stepping stone for further studies in finance and related fields.
Overall, the Qualifi Level 1 Award in Understanding Essential Finance RQF offers a comprehensive introduction to finance fundamentals, equipping learners with practical insights and tools to manage finances efficiently in various personal and professional contexts.

Why this course?

Qualifi Level 1 Award in Understanding Essential Finance RQF is a highly significant qualification 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 in finance, including understanding financial statements, budgeting, and managing personal finances. In a competitive job market, having a solid foundation in finance can give individuals a competitive edge and open up new career opportunities. In addition, businesses are increasingly looking for employees who have a good understanding of finance to help drive growth and make informed decisions. By obtaining the Qualifi Level 1 Award in Understanding Essential Finance RQF, professionals can demonstrate their commitment to continuous learning and development, making them more valuable assets to their organizations. Overall, this qualification is not only relevant but essential in today's market, where financial literacy is key to success. By investing in their financial education, individuals can enhance their employability and contribute to the overall economic growth of the UK.
Statistic Percentage
UK adults struggling with basic financial calculations 49%

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

The ideal audience for the Qualifi Level 1 Award in Understanding Essential Finance is individuals who are looking to gain a foundational understanding of finance concepts. This course is perfect for beginners who want to enhance their financial literacy and improve their money management skills.

According to a survey conducted in the UK, 69% of adults struggle with basic financial calculations, highlighting the importance of financial education. By enrolling in this course, you will learn essential financial principles such as budgeting, saving, and investing, which are crucial for making informed financial decisions.