12FSK

Level 2 Financial Skills

Course Description

Teacher in Charge: Mr M. Cain.

FINANCIAL SKILLS – YEAR 12
NCEA LEVEL 2
CODE: 12FSK

The aim of the course is to educate students in money management.   The future financial position of today’s young people will be affected by the quality of financial decisions they make every day of their working lives.

Topics include: Funding Tertiary Study, Banking, Credit and Debt, Investing, Kiwisaver, Household Budgeting, Insurance.

The course will be assessed against Achievement and Unit standards. All standards are assessed at Achieved, Merit or Excellence standard (including U.S.)

Pathway

There are a lot of amazing careers that you can explore in the vast and growing field of Commerce. Career options include the field of Banking, Accounting, Marketing, Retail, Financial Advisor and many more.

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 18
Internal Assessed Credits: 18
External Assessed Credits: 0
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 28092 v4
NZQA Info

Explain the effect of significant life events on personal income at different life stages


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28093 v4
NZQA Info

Describe tertiary study funding options and potential financial consequences for future choices and responsibilities


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28094 v4
NZQA Info

Produce a household budget, set a financial goal and review and adjust the budget to achieve the goal


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28095 v4
NZQA Info

Explain personal financial savings and investment options


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28096 v4
NZQA Info

Explain insurance products as financial risk management strategies for personal finances


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28097 v3
NZQA Info

Explain and select banking products and services in relation to personal finances


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 18
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

Disclaimer

Course Selection is confirmed at the start of 2025.  You can change the courses you have selected up until the start of next year provided there are still spaces in the course you wish to change to.

Some courses may become unavailable due to the number of students taking the courses or changes in staffing.

New courses may also be introduced, in which case you will be notified and given the opportunity to select the new course.