Kirk Balk Academy

A great place to learn

Certificate in Financial Education

Course: The Certificate in Financial Education (CeFE) QN 601/1239/6

Examination criteria:


The Certificate in Financial Education (CeFE) is made up of three mandatory units which need to be successfully completed in order for the student to achieve the award.


  • Unit 1: Finance, the Individual and Society (FIS)
  • Unit 2: Practices of Managing Money (PMM)
  • Unit 3: Financial Capability, Work and Enterprise (FCWE)


ASSESSMENT METHODOLOGY AND GRADING Examinations for Unit 1 & 2 are on demand and the pass mark is 50%. The pass mark for Unit 3 is 50% in UMS. The qualification is graded from A*-C.


  • Unit 1: 20 stand-alone multiple-choice questions and 5 sets of stimulus material each with 3 associated questions
  • Unit 2: 15 stand-alone multiple-choice questions and 5 sets of stimulus material each with 4 associated questions
  • Unit 3: pre-release case study requiring written responses to 5 associated questions

Course Description

CeFE has been developed in response to the inclusion of Financial Capability in the National Curriculum. CeFE introduces the student to the impact of finance on the economy and encourages them to consider how this can affect business and the individual. Through this it develops knowledge and a valuable range of applied and transferable skills and provides a foundation for further study in business and finance-related disciplines.

Department Statement

This is an exciting new course which we are running for the first time this year. We believe it will give our students the opportunity to develop an understanding of the economy, financial management skills, employability and enterprise and equipping them with invaluable life skills.

Careers

The CeFE provides students with a valuable range of applied and transferable skills and provides a foundation for further study in business and finance-related disciplines, as well as a wide range of other fields that are encapsulated in programmes of study related to social enterprise and vocational professional development (eg self-employed hairdressers, taxi drivers, garden landscapers).

For more information contact Mrs L Hoyland (Director of SEND)