Award in Economic Wellbeing and Financial Capability Level 1
Understanding the ways in which the economy functions and how this affects your personal decisions on this practical part-time course.
Level: Level 1
Purpose: Personal and Professional Development
Guided Learning Hours: 52
Duration: 7 weeks
Next course: 9 September – 28 October 2019
What are the qualifications about?
You will gain confidence and independence in your financial decision making and develop your knowledge of the society in which we live and work. You will also build your knowledge of business and enterprise and be introduced to job-seeking and employability skills.
Who are they for?
If you want to build confidence and independence, and get practical support with personal finance management and job seeking and information on commerce as a whole, then his course would be of great value to you.
What do I need?
You should hold an Entry 3 in English and Maths.
Why choose Ruskin College?
Ruskin College provides a supportive learning environment with small classes so that everyone can thrive in their learning and achieve their potential, particularly adult learners returning to education.
What sorts of things do they cover?
You will learn about:
- Becoming a critical consumer
- Business and the community
- Career development and employability
- Enrichment activity – economic well-being
- Financial literacy: budget and money management
- Financial literacy: saving and borrowing
- Introduction to financial risk and reward
- Introduction to trade unions and professional associations
- Making financial decisions
- Preparing for work experience
- Preparing for an interview
- Preparing for progression
- STEM enrichment activity
- Understanding changing patterns of work
- Understanding employment rights and contracts
- Understanding opportunities in work-based learning and apprenticeships
- Understanding pay and payslips
- Understanding the labour market
- Work-based placement
How will I learn and be assessed?
You will be assessed through practical activities.
How long do they take?
Guided learning hours
Guided learning hours are the hours you spend learning with your training provider or on your own. The guided learning hours for this qualification are:
- Level 1: 52 hours
Usual course length
Completing the Economic Wellbeing and Financial Capability Level 1 usually takes:
- 7 weeks part time, 1 day a week, Monday
What jobs could they lead to?
Cost: £300. This qualification also enables you to progress with confidence into employment and further study. Alternatively, you could progress to a related Level 2 Award.
What would it cost me?
We will help you access financial support if you are entitled to it: find out if you are eligible.