Taught in: Year 12 & 13
Exam Board: The London Institute of Banking and Finance (LIBF)

As an Applied General qualification, the Diploma in Financial Studies (DipFS) explores, in depth, the key concepts of financial capability and how they are applied to achieve longer-term financial sustainability. It develops and extends the knowledge and skills required for young people to make informed financial decisions through understanding the risks and challenges involved in personal finance and the importance of effective planning.

The qualification will encourage students to:

• analyse financial data and information, financial services products and make judgements about suitability for people in different circumstances
• understand the concept of financial sustainability and ethics
• analyse, synthesise, evaluate and reflect
• demonstrate numeracy skills including the ability to manipulate financial and other numerical data
• use appropriate data and information to make arguments
• structure and communicate ideas logically and coherently; and learn independently

The financially-related content of this qualification serves as a strong grounding for undergraduate study within finance and business- elated disciplines, with many students going on to study accounting, business, finance and banking.

This qualification develops knowledge and understanding of the financial services sector and enhances skills that are valued within that sector and others, but does not qualify students for direct entry to a particular occupational role.

LIBF Diploma in Financial Studies