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BCS Personal Finance
BCS Personal Finance is an investment that will pay off. It is a useful and insightful qualification that teaches you financial literacy. It includes topics such as how to look after your money, preparing for future life, work and career, how to avoid debt, and find out about savings, pensions and mortgages.

This qualification is suitable for anyone from age 14 onwards who wants to learn about aspects of finance as part of social, economic and working life.

At Level 2, BCS Personal Finance is equivalent to a GCSE, and offers financial guidance and literacy for people at any stage of life. You can choose to take units that meet your needs and suit your circumstances, and all testing is done online, so there will be no written exams to take.

This is an employer-recognised qualification. BCS is an awarding body, and a certificate from us is recognised as a benchmark achievement.

How the qualification is structured
The Personal Finance qualification is split into two main levels.

Level 1
Level 1 is made up of three mandatory units, all of which must be passed to obtain the BCS Personal Finance Level 1 award. Each unit requires 10 hours of guided learning, and will be assessed by a 30-minute online test, consisting of 16 questions. The pass mark is 75%.

Level 2
At Level 2, there are three possible grades to achieve: Award, Certificate and Diploma.

The Award consists of four mandatory units:

  • Managing Money day-to-day
  • Taking control of your finances
  • Choosing financial products
  • Getting financial help
  • Each of these must be passed to obtain the BCS Level 2 Award in Personal Finance.

The Certificate can be achieved by passing the four mandatory units above in addition to two of the optional units below. The Diploma requires the four mandatory units, as well as four of the following optional units:

  • Understanding money at work
  • Understanding state benefits
  • Money and children
  • Saving for the long term
  • Money and the family
  • Money and running your family

The tests for Level 2 units are also online. Tests will either be 40 minutes (24 questions) or 30 minutes (16 questions) long. The pass mark is 75% for each test.

At Level 2, this qualification is equivalent to a GCSE.

BCS Personal Finance will arm you with the knowledge and skills to make informed financial decisions for yourself, and tell you where to go if you're struggling financially.

In the current economic climate, financial literacy is more important than ever, making this qualification a valuable addition to your CV.

Brilliant Personal Finances
 
Brilliant Personal Finances