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Level 3 Financial Studies

Subject Area: Business
Level: TWO-YEAR A Level
Exam Board: LIBF
Syllabus No:

What do I need to study this course?

GCSE English and GCSE Maths grade 4


What will I study?

In the first year, you will gain an appreciation of why money is important through focusing on what money is, attitudes to it, and how it can affect life choices. You will also develop the ability to plan and manage your financial needs in the medium and long-term, with particular reference to the importance of the need to budget for future aspirations and life events. Successful completion of the first year results in students being awarded the Financial Studies Certificate, which is an exam board requirement for students progressing onto the second year of study.

In the second year, you will study the importance of financial sustainability for the individual, enabling the development of skills which ensure that an individual’s financial capability is sustained over a period of time. You will also study the financial services system and look at how financial services providers work and compete with one another. On successful completion of the second year, students achieve the Financial Studies Diploma.


What next?

Studying Level 3 Financial Studies prepares you for university study or moving into the world of work. Suitable degree subjects for economics students include economics, business, and applied economics (environmental, labour, public sector or monetary economics). Economics is extremely highly regarded both by employers and universities. It provides a well-respected option for almost any profession but is a particularly excellent option at either A level or graduate level for jobs in marketing, management, accounting and finance, or indeed any business-related career.

Students studying Level 3 Financial Studies are also expected to go on to study a related subject at university or to take an apprenticeship with a leading financial services provider. Financial studies students are encouraged to take part in financial services related enhancement opportunities at Notre Dame, including the Kiva project.

Did you know?

After 5 or more years, the average annual salary for a chartered accountant in business rises to £90,200, with an average yearly bonus of £20,600.