Financial Studies

LEVEL 3 EXTENDED CERTIFICATE (IFS)

This course is equivalent to one A Level and is taken as part of an A Level programme.

Financial Studies is a comprehensive introduction to personal finance. It develops the knowledge and skills required for young people to make informed financial decisions by introducing them to the risks and challenges involved in personal finance, and tools for effective planning.


 

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KEY TOPICS

  • financial services for the individual

  • the needs and wants of financial services

  • industry regulators, ethics and trends

  • financial services providers and their sustainability

YOU WILL

  • investigate your own financial needs and plan for the future

  • research financial service providers and products for individuals

  • assess the suitability of financial services products


  • A minimum of 5 GCSEs (average score of 5)

    These must include:

    • English Language at grade 4

    • Maths at grade 4

    For entry onto this courses students will be assessed by the IFS University College through multiple choice tests and case study based exams.

  • Assessment methods include:

    • Exams

  • This course can be taken as part of an A Level programme.

    We recommend that students choose three A Levels or a combination of Level 3 Extended Certificates and A Levels. Depending on your GCSE grades and long-term destination, some students may be able to take up to four A Levels.

    If you are planning on progressing to university, the majority of university courses do not require specific subjects. Most universities prefer that you are able to demonstrate skills and competence via the successful completion of related courses. Therefore we recommend that the most important thing when choosing course combinations is that you choose a range of subjects that your enjoy and excel in.

    We do not recommend that your take two courses that are similar to each other in content.

    Some courses and universities require that you take specific A Levels for entry onto their courses. Please visit: UCAS.com and explore individual university entry requirements for more information.

    If you are planning on studying Medicine, Veterinary Science, Dentistry or other competitive science based courses, most universities require you to take Biology, Chemistry and either Maths, Statistics or Physics.

    If you want more information on choosing your A Levels, please speak to your schools career advisor or chat to us at any of our careers or open day events.

  • Learn from industry experts and gain the skills employers want. Benefit from partnerships with leading business professionals and corporations.

    LIVE BRIEFS

    • Be immersed into the corporate world and learn about all different types of business through trips to investment banks, retail outlets, shopping malls and courts.

    • Take part in live marketing briefs from international companies.

    • Take part in national in competitions.

    • Create your own business and trade at craft fairs and markets.

    UNIQUE LINKS

    We have excellent partnerships with a huge range of local business, investment banks and corporations.

    INDUSTRY EXPERTS

    The Business team is comprised of industry experts who before getting into teaching worked in a wide range of roles in the business sector including accountants, IT experts, food retailers and entrepreneurs.

  • Whatever support you need, we’re here for you and will make sure you get the most out of your time at college.

    We have expert teams in place to look after every single one of our students.

    Our specialist teams can help with:

    • Learning difficulties

    • Physical and sensory disabilities

    • Dyslexia, Dyspraxia, ADHD, Aspergers or other specific learning difficulties

    • Mental health, counselling and wellbeing

    • Exam access arrangements

    • Money, finance and bursary advice

    • Careers advice, job and university applications

  • Financial Studies develops core skills of critical analysis and evaluation, synthesis and written communication, and provides a foundation in business and finance-related disciplines, as well as direct entry into employment in the Financial Services Sector.

  • Item descriptionThe Complete University Guide give university rankings each year. If you are planning on progressing to university, find out which universities are ranked most highly for Business and Management.

    https://www.thecompleteuniversityguide.co.uk/league-tables/rankings/business-and-management-studies

  • NewVIc students celebrate outstanding results and receive scholarships from The London Institute of Banking and Finance. In 2021, over 70 NewVIc students took the qualification in Financial Studies with nearly a quarter of those entered achieving some of the best results in the country.

    https://www.newvic.ac.uk/news/libf