The first students of the Certificate in Financial Studies graduated with the newest financial servi...
The first students of the Certificate in Financial Studies graduated with the newest financial services qualification last week, but it could soon be open to schoolchildren selecting AS level qualifications.
Third and final year of the pilot CeFS begins at twelve schools in September before it can hopefully be rolled out across the country to all schools and colleges, says the summer 2003 newsletter from the Personal Finance Education Group (PFEG).
First class of certificate graduates completed their studies through the Institute of Financial Services (IFS) by passing three units of study, but there are currently another four schools testing the scheme which allows students to take their exams electronically.
PFEG, now chaired by Ron Sandler and backed financially by most industry providers, has been working for several years to try and get personal finance education into schools in the hope it will help consumers understand and their own financial position and as well as encourage more young people to join the industry.
Modules of the course are:
‘Important to have an anchor’
Lack of innovation for solutions
Some 2,000 consumers affected
Achievements, charity work and other happy snippets