customerservices@skillsfirst.co.uk

0121 270 5100

Twitter

LinkedIn

Awarding Organisation




Skillsfirst Qualifications



Skillsfirst Level 1 Certificate in Managing Personal Finance (RQF)

Qualification summary

This qualification has been developed for the widest range of learners possible: young people, students and adults, those who are entering further or higher education or pre-employment, recently unemployed or between jobs. It has been designed to meet the needs of learners who wish to gain a knowledge and understanding of the principles of saving and borrowing money, sources of income and expenditure, the need to manage income and expenditure, financial products and services, different forms of pay, how to budget and the use of credit.

 

The range of modules contained in this qualification allow you to learn, develop and practise the financial skills required for life, without requiring or proving occupational competence. This qualification could also prove invaluable toward your own personal and career development.

 

This qualification does not require you to have any prior qualifications or levels of prior learning. There is no minimum age requirement for this qualification.

 

Learners who achieve this qualification could progress onto the:

 

 

or similar vocationally-based qualifications

 

If you feel that you only need a basic understanding of money management then you could chose to do the Skillsfirst Level 1 Award in Managing your own Money (RQF).

 

 

Related Documents:


Skillsfirst Level 1 Certificate in Managing Personal Finance (RQF) Handbook

 

 

Qualification structure

To achieve Skillsfirst Level 1 Certificate in Managing Personal Finance (RQF), you will have to achieve the mandatory modules in Group M.

 

Guided Learning Hours (GLH) are 103

Total Qualification Time (TQT) is 123

 

Qualification number

Qualification reference

Qualification review date

MPFC1

603/4260/2

31/03/2024

Group M - mandatory module

RQF
mod. no.

Skillsfirst
mod. no.

Module ?title

Mod. Level

GLH Value

H/617/4835

MPF1

Introduction to personal finance

1

41

K/617/4836

MPF2

Introduction to the principles of money management

1

28

M/617/4837

MPF3

Understanding the use of credit to borrow money

1

34

 

To find out more about our registration/certification fees, contact our customer services team on

0121 270 5100 or email us

Qualifications

Finance & Payroll

Assessment Principles Financial

CAA1 - Skillsfirst Level 1 Award in Computerised Accounting for Business (RQF)

CPBA1 - Skillsfirst Level 1 Award in Computerised Payroll for Business (RQF)

MMA1 - Skillsfirst Level 1 Award in Managing your own Money (RQF)

PBA1 - Skillsfirst Level 1 Award in Payroll for Business (RQF)

MPFC1 - Skillsfirst Level 1 Certificate in Managing Personal Finance (RQF)

PFA2 - Skillsfirst Level 2 Award in Introduction to Personal Finance (RQF)

PBC2 - Skillsfirst Level 2 Certificate in Payroll for Business (RQF)

CBBC2 - Skillsfirst Level 2 Certificate in Computerised Accounting for Business (RQF)

CPBC2 - Skillsfirst Level 2 Certificate in Computerised Payroll for Business (RQF)

CAD3 - Skillsfirst Level 3 Diploma in Computerised Accounting for Business (RQF)

CFD3 - Skillsfirst Level 3 Diploma in Computerised Finance for Business (RQF)

FTC3 - Skillsfirst Level 3 Certificate in Introduction to Financial Trading (RQF)

FTD5 - Skillsfirst Level 5 Diploma in Financial Trading (RQF)