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19th August 2015, 11:45 AM
Super Moderator
 
Join Date: May 2012
Re: IFS Finance exam

As you want to get the details of IFS Level 3 Certificate in Financial Studies so here is the information of the same for you:

Key content areas

Importance of financial capability for immediate, short-term, medium-term and long-term financial needs;
Financial services and products, including sources of help and advice;
Borrowing, budgeting, financial planning and cash flow;
The impact of external influences at different stages in the personal life cycle; and
Risk and reward in managing personal finance.

Key skills developed:

Understand financial concepts and terminology;
Analyse, synthesise, evaluate and reflect;
Demonstrate numeracy skills including the ability to manipulate financial and other numerical data;
Select appropriate data and information to make arguments;
Structure and communicate ideas logically and coherently; and
Increase their ability to work and learn independently.

CeFS consists of two mandatory units:

Unit 1 – Financial Capability for the Immediate and Short Term
Unit 2 – Financial Capability for the Medium and Long Term

Assessment:

Part A: 35 multiple choice questions in a 45-minute examination (total marks: 35 / 100)
Part B: pre-release case study requiring essay responses to 5 questions in a 105-minute examination (total marks: 60 / 100)
Part B will also assess spelling, punctuation and grammar (SPAG) through the essay responses (total mark 5 / 100)
A total of 200 marks are available from both units comprising 100 marks per unit.

Price

CeFS costs £120 per student which includes registration, examination, student study materials and teaching aids and support.

Entry Criteria:

Although there are no specified entry requirements, the level of achievement required to obtain CeFS is equivalent to that of GCE level / AS Level qualifications. Applicants need to be satisfied of their ability to study, in English, at this level.

Contact Details:

Institute of Financial Services
13 Hazelwood St
Highgate Hill QLD 4101
Australia

[MAP]Institute of Financial Services Highgate Hill QLD 4101 Australia[/MAP]


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