NCEA Level 2 Personal Financial Capability 201
Course Description
Teacher in Charge: Mrs L. MacEwan.
Personal Financial Capabilities 201
This course is for students who would like to know more about personal finance including such things as budgeting, credit, taxation, investment, banking etc. The course aims to help students manage their own financial situations at University and beyond. The course is unit standard based but students can gain Merit and Excellence grades. A device and a calculator are strongly recommended for this course.
There is a need to be able to articulate your thoughts independently both through discussion and in written form.
Course Overview
Term 1
Two Unit Standards related to information regarding Banking and Taxation
Term 2
In Term 2, students will learn about Investments and Budgeting.
Term 3
Students will learn about financial requirements at different Life Stages; and different Insurance products
Term 4
The final term is making Informed Decisions around Financial Capability
Recommended Prior Learning
An acceptable level of aptitude towards mathematical studies as judged by the HOD of Mathematics. Can be done in conjunction with another mathematics course.
Pathway
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
NZQA Info
Explain taxation and other deductions relating to personal income
NZQA Info
Explain the effect of significant life events on personal income at different life stages
NZQA Info
Describe tertiary study funding options and potential financial consequences for future choices and responsibilities
NZQA Info
Produce a household budget, set a financial goal and review and adjust the budget to achieve the goal
NZQA Info
Explain personal financial savings and investment options
NZQA Info
Explain insurance products as financial risk management strategies for personal finances
NZQA Info
Explain and select banking products and services in relation to personal finances