The qualification aims to raise levels of personal financial awareness and will sit alongside a students existing AS or A level choice.
CeFS was introduced by the Institute of Financial Services (ifs) in 2001, and has since been piloted by 24 schools and colleges with over 300 students sitting or due to sit the electronic examinations. From 2004 CeFS will be available nationally.
The CeFS aims to:
1) Help improve the standard of financial literacy, standards that cost the UK over £2 billion every year.
2) Improve your understanding of financial matters. It's not just for people who want a career in financial services; it is for anyone who wants to make better-informed choices when managing their money.
3) Offer meaningful career and academic opportunities. It carries UCAS points that will assist entry into University.
4) Provide close liaison with potential employers and a recognized entry-level qualification for a career in financial services.
About the ifs:
The Institute of Financial Services (ifs), through its parent body The Chartered Institute of Bankers (CIB) is one of the leading bodies for the provision of education and life-long career support services to the financial services industry. Through a process of innovation and a desire to provide 'winning' solutions, the ifs provides a range of products and services that meet the needs of the wider financial services community.
Through its Faculty structure the ifs develops and delivers a range of qualifications, for which the CIB continues to act as assessing and awarding body. The Faculties allow for the provision of targeted services and specialist educational programmes to particular sectors, including the areas
of Banking and Finance, Financial Regulation, Risk and Insurance Management and financial education for 16 - 19 year olds.
For further information please contact the IFS Customer and Student Services department on +44 (0) 1227 818609, or email [email protected]
or visit www.ifslearning.com
