Level 3 Personal Financial Management

13FMGT
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 3 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 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 is not a University approved subject.


Recommended Prior Learning

Open Entry


Credit Information
Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
U.S. 28098 v3 Evaluate options to increase personal income
3
I
3
U.S. 28099 v2 Analyse credit options and select strategies to manage personal finances
3
I
3
U.S. 28100 v3 Develop a plan to achieve a long-term personal financial goal(s)
3
I
4
U.S. 28102 v3 Demonstrate understanding of risk and return on investment for a personal financial investment portfolio
3
I
4
U.S. 28103 v2 Analyse and select personal financing options for purchasing a property
3
I
4
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