VTCT Skills
Level 1
QN: 603/4260/2
Curriculum Active
VTCT Skills Level 1 Certificate in Managing Personal Finance (RQF)
Official qualification regulated by Ofqual, awarded by VTCT Skills. Classified as a Vocationally-Related Qualification. Total guided learning hours: 103 hours.
Qualification Level
Level 1
Awarding Body
VTCT Skills
Syllabus Units
3 Units
Guided Hours
103 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Introduction to personal finance
Verified
Key Learning Objectives:
- 1 Understand the principles of saving and borrowing money2 Understand sources of income and outgoings3 Understand the need to manage income and outgoings4 Understand financial products and services
2
Introduction to the principles of money management
Verified
Key Learning Objectives:
- 1 Understand the difference between gross and net pay and the deductions made on a payslip2 Be able to create a budget to cover outgoings
3
Understanding the use of credit to borrow money
Verified
Key Learning Objectives:
- 1 Be able to plan ahead to repay borrowing2 Know how to recognise and seek help with a debt crisis3 Understand short-term, medium and long-term loans4 Know how to make informed purchasing decisions funded by credit
Regulatory & Verification Details
- Qualification Number (QN)
- 603/4260/2
- Regulated Status
- Available to learners
- Awarding Body
- VTCT Skills
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- Apr 2019