Level 2 Personal Financial Management

12FMGT
Course Description

Teacher in Charge: Mr P. Cowley

The standards offered in this course may be altered at the discretion of the Head of Department.

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 2 NCEA Certificate endorsement. It is currently not possible to gain a subject endorsement in Personal Financial Management as it is fully internally assessed.

Personal Financial Management explores the themes of: managing money and income, setting financial goals, and managing financial risk, at Level 7 of the Financial Capabilities Framework. Successful students will be able to: compare different ways of making payments, describe the consequences of good and bad debt decisions, explain interest payments and investment options, and make informed decisions about personal income and wealth.


Pathway

Level 3 Personal Financial Management

Recommended Prior Learning

Open Entry


Credit Information
Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
U.S. 28092 v3 Analyse the effect of significant life events at different life stages on personal financial income
2
I
3
U.S. 28093 v3 Describe the financial responsibilities and consequences of tertiary study funding options
2
I
3
U.S. 28094 v3 Produce a balanced household budget and adjust the budget to reflect changing financial circumstances
2
I
3
U.S. 28095 v3 Analyse personal financial investment options
2
I
3
U.S. 28096 v3 Demonstrate understanding of insurance products for personal financial capability
2
I
3
U.S. 28097 v2 Analyse and select banking products and services in relation to personal finances
2
I
3
Total Credits

Total Credits Available: 18 credits.
Internally Assessed Credits: 18 credits.

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