New registrations accepted until July 2024. No delivery of qualification in academic year 2025/26 and beyond.
Level 2 Certificate in Financial Capability and Careers Development (CeFCCD)
For teaching in Wales only.
CeFCCD is for people who are, or who will shortly be, reaching a time of their life when they no longer depend on others for their financial provision.
Students will learn about the practical and legal constraints on the sources and uses of money, ways of organising their money through personal budgeting, how to use suitable bank and building society accounts in an informed way, and the concepts and consequences of overspending and payment default.
The course also provides a valuable insight into a range of career opportunities in financial services. It gives guidance on how students can improve their employability skills.
CeFCCD is regulated in Wales only by Qualifications Wales.
Read the CeFCCD Qualification Specification
Unit information
CeFCCD consists of four mandatory units. The recommended Guided Learning Hours (GLH) for the average student to complete is 132 hours.
Total Qualification Time (TQT) is a prediction of the total time the typical student may need to complete the course. TQT consists of two elements, Guided Learning Hours (GLH) and all other hours. The CeFCCD (C00/0645/1) has a TQT of 180 hours and is split between GLH of 132 hours and other hours of 48.
What progression does our CeFCCD qualification offer?
Once completed, students will be in a good position to study the LIBF Level 3 Certificate in Financial Studies (CeFS) or the LIBF Level 3 Diploma in Financial Studies (DipFS).
CeFS has been designed to inspire students to meet their lifestyle aspirations and teaches students to become responsible borrowers, sensible savers and have an appreciation of the need for financial planning throughout their lives.
DipFS has been designed to inspire students to meet their lifestyle aspirations through applying appropriate solutions from the wide range available within the evolving financial services marketplace.
Assessments
All four units are assessed by the LIBF e-test electronic testing system.
Unit 1 is assessed by a single 30-minute objective test comprising 18 multiple-choice questions and four sets of stimulus material each with three linked questions.
Unit 2 is assessed by a single 30-minute objective test comprising 18 multiple-choice questions and four sets of stimulus material each with three linked questions.
Unit 3 is assessed by a single 30-minute objective test comprising 10 multiple-choice questions and two sets of stimulus material each with five linked questions.
Unit 4 is assessed by a single 30-minute objective test comprising 10 multiple-choice questions and two sets of stimulus material each with five linked questions.
Fees
US$53
Course requirements
Although there are no specified entry requirements, the level of achievement required to obtain CeFCCD is at Level 2. Applicants need to be satisfied of their ability to study, in English at this level and have basic IT and numeracy skills (manipulate financial and numerical data).
Grading
The qualification will be graded A*- C. Students must pass each unit to achieve the certificate.
Registration
Due to the withdrawal of the CeFCCD qualification, no further registrations can be accepted for this qualification
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