The School of Finance will be offering its Personal Financial Management qualifications at levels 1, 2 and 3 as Additional Specialist Learning which can be taken by any student studying for an Edexcel Diploma.
In addition, the ifs School of Finance will be collaborating in the development of the financial content of the Principal Learning for Edexcel's Business, Administration and Finance Diploma, available in the second wave of Diplomas from September 2008.
Students will learn to manage their money and cope confidently and effectively with basic financial issues, including distinguishing between wants and needs, budgeting, opening and accessing accounts and understanding different methods of payment and their implications.
The ifs qualifications can be taken as part of a student's 14-19 Diploma, or as a stand-alone qualification by non-Diploma students as equivalents to GCSEs at levels 1 and 2, and to AS and A levels at level 3, the latter carrying the full UCAS tariff.
Gavin Shreeve, chief executive of the ifs School of Finance said: " We believe that personal financial learning is a vital part of any young person's education, as do Government and numerous other agencies. The aim of offering our qualifications alongside Edexcel's 14-19 Diplomas is to enhance further the financial education of the nation's youth."
Jerry Jarvis, Edexcel's MD, added: " By partnering with experts in their fields, such as the ifs School of Finance, we will help Diploma students to gain the knowledge, skills and understanding to take them into further and higher education and their adult life and to help them become even more employable.”
The ifs School of Finance will also work with Edexcel to develop and deliver professional development and training services for those preparing to teach the financial elements within the Principal Learning of the Business, Administration and Finance Diploma.
