Level 3 Personal Financial Management
Course Description
Teacher in Charge: Mr L. Goh.
Personal Financial Management explores the themes of: managing money and income, setting financial goals, and managing financial risk, at Level 8 of the Financial Capabilities Framework. Successful students will be able to: explain different sources of financial advice, make recommendations about credit options, explain options to increase personal income and monitor changing financial circumstances in order to achieve a goal.
This course uses Unit Standards for assessment. Students can gain grades of Achieved, Achieved with Merit and Achieved with Excellence that can contribute to their Level 3 NCEA Certificate endorsement. It is currently not possible to gain a subject endorsement in Personal Financial Management as it is fully internally assessed.
This is not a University approved subject.
The standards offered in this course may be altered at the discretion of the Head of Department.
Recommended Prior Learning
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
NZQA Info
Evaluate options to increase personal income
NZQA Info
Evaluate credit options and select debt management strategies to manage personal finances
NZQA Info
Develop a plan to show how a budget contributes to achieving a long-term personal financial goal
NZQA Info
Evaluate savings and investment options and make a plan to create a long-term personal investment portfolio
NZQA Info
Analyse and select personal financing options for purchasing a property
Disclaimer
Courses will only run based on minimum entries
Selecting a course does not guarantee entry into this course
You may apply for an exemption if you do not meet the prerequisites of a course or if the course requires this for entry
Standards offered can be altered at the discretion of the HOF or HOD of the Department
Some standards in NCEA courses might be optional depending on student strengths