1. Certificate in Personal Finance
2016/2017

2. Why study Personal Finance?
The aim of the course is to equip young people with the knowledge and skills to be able to cope confidently and effectively with basic financial encounters they are likely to meet.

3. Examples of Financial Encounters
Opening a bank account
Getting a job
Different ways of earning money
Saving money
Taking out a loan
Spending money

4. Certificate in Personal Finance
There are 3 units which you will study over the year.
Unit 1 – Personal Finance Encounters
Unit 2 – Money Management Solutions
Unit 3 – Personal Financial Management
Each unit will be assessed with a written paper exam. All 3 units must be passed to gain the award.

5. Certificate in Personal Finance
All 3 units are divided into different topics. At the end of each topic you will be given a short written test before moving on to the next topic.
If you fail any of the unit assessments you will be given an opportunity to resit at a later date.

6. Certificate in Personal Finance
The Personal Finance qualification is not an SQA award like your other subjects
The course and examination is provided by the IFS (Institute of Financial Services)
Unlike the courses run by the SQA, the school has to pay the IFS for each pupil presented for the award.