Priestley College Prospectus 2018 54351 Priestley Prospectus 2018 | Page 56

professional studies A-LEVEL economics certificate & diploma financial studies REASONS TO STUDY THIS COURSE REASONS TO STUDY THIS COURSE 3 It offers a fascinating challenge as it allows you to consider the topical and controversial issues of the day in a lively and analytical way. 3 You will develop an understanding of how individuals make decisions based on economic principles. 3 You will understand what the Government’s aims are and how it attempts to fulfil them. 3 You will learn how governments raise revenue and then decide how to spend this on different projects. 3 The awarding body is the London Institute of Banking and Finance. 3 You are interested in a career in the Banking and Finance sector 3 Financial capability is an essential life skill and this course will help you make sound financial decisions. 3 It will encourage you to become a sensible saver and understand financial planning. WHAT YOU WILL STUDY WHAT YOU WILL STUDY Year 1 (AS) – Central Economic Problem, How do individuals make decisions? Government Objectives Year 2 (A-Level) – you will also study Business Economics and industrial theory, Behavioural Economics, Financial Services. Year 1 Certificate in Financial Studies - Financial Capability for the Immediate and Short Term, Financial Capability for the Medium and Long Term. Year 2 Diploma in Financial Studies - Sustainability of Individual Finances, Sustainability of the Financial Services System. HOW YOU WILL BE ASSESSED HOW YOU WILL BE ASSESSED AS - two 90-minute exams A-Level - three two-hour exams The exams are short questions, multiple choice questions and essays based on topical case studies. Exams based on a pre-released case study and e-tests. WHAT YOU WILL NEED TO TAKE THIS COURSE • • • • • GCSE English and Maths minimum grade 5 average grade at GCSE of 5.5 genuine interest in current affairs and the world around you willingness to read news articles and economics news stories ability to listen to other people’s opinions and contribute to discussions. WHAT YOU WILL NEED TO TAKE THIS COURSE • GCSE English and Maths minimum grade 4 • ability to use and interpret data with confidence • ability to analyse extended case studies and produce essay answers • interest in current and financial affairs • ability to take part in discussions and use real financial examples • willingness and ability to work independently. PROGRESSION PROGRESSION Economists are highly sought after – they are the second most highly paid graduates. Those who have a good understanding of the economy will find rewarding occupations in banks and financial institutions, manufacturing and service companies, the media, government and international organisations such as the World Bank. Many of our students choose to go on to study Economics to degree level. Financial Studies gives you a good understanding about careers in financial services such as financial advisors, bankers and debt advisors. Many of these careers offer very comprehensive training pathways and careers for students. There are university courses in financial studies that offer a direct pathway of continued study in this field. PRIESTLEY EXTRA PRIESTLEY EXTRA Visits to the UK and European Parliaments and other financial institutions. Chance to take part in the Bank of England Interest Rate Challenge and the national Stock Market Challenge operated by the Institute of Financial Studies. 56 See page 24 for vocational qualifications key. The Student Investor Challenge gives you the chance to be a stockbroker in a fast paced and competitive market. The Young Financial Journalist competition centres on producing a 1,000- word article on a current affairs question and is judged by leading financial journalists. The City of London visit focuses on a presentation at the London Institute of Banking and Finance, a visit to the Bank of England and a walking tour of the financial district.