Skip Ribbon Commands
Skip to main content
SharePoint

Certificate in Personal Finance


 

Level

 2

Qualification 

GCSE

Duration

 

 4 1/2 hours for 1 year (1 block of study)

What will I study?

The Certificate in Personal Finance (CPF2) has been designed for people who are, or who will shortly be, reaching a life stage when they no longer depend on others for their financial provision.

Students will gain knowledge about the uses of money, the methods of organising their money through personal budgeting, the considered use of appropriate bank and building society accounts and the consequences of overspending.

Certificate in Personal Finance Level 2 consists of 3 mandatory units:

Unit 1 – Personal Financial Encounters
Unit 2 – Money Management Solutions
Unit 3 – Personal Finance Management

Assessment

Unit 1 – Personal Financial Encounters (PFE)

PFE is assessed by a single 30-minute objective test that comprises 30 multiple choice questions (MCQs): 18 stand-alone multiple-choice questions and 12 questions associated with four pieces of stimulus material.

Unit 2 - Money Management Solutions (MMS)

MMS is assessed by a single 30-minute objective test that comprises 30 MCQs: 18 stand-alone questions and 12 questions associated with four pieces of stimulus material.

Unit 3 - Personal Finance Managements (PFM)

PFM is assessed by a single 30-minute objective test that comprises 30 MCQs: 20 one-mark questions. And 10 questions associated with two pieces of stimulus material.

Passes must be achieved in all three units to gain the qualification.

Entry Criteria

TRC Level 2 entry criteria.

Useful Supporting Courses​

Complements all other programmes of study.