11FSK

Level 1 Financial Skills

Course Description

Teacher in Charge: Mr M. Cain.

FINANCIAL SKILLS – YEAR 11
NCEA LEVEL 1
CODE: 11FSK

This course is designed for students who wish to develop some basic consumer financial skills.  On completion of the year’s course, students may be able to enter the Level 2 Financial Skills course.

The knowledge and skills obtained from studying Financial Skills would be useful in any career as it deals with the management of money. Financial skills are used in managing your personal finances as well as in employment. Topics include budgeting, kiwisaver, insurance, banking, wise buying, credit and debt, personal financial goal setting, interpreting financial documents.




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: 17
Internal Assessed Credits: 17
External Assessed Credits: 0
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 24705 v4
NZQA Info

Interpret and confirm accuracy of personal financial documents


Level: 1
Internal or External: Internal
Credits: 2
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 24709 v5
NZQA Info

Produce a budget to manage personal finances


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28087 v4
NZQA Info

Demonstrate knowledge of the effect of life stages on personal income


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28088 v3
NZQA Info

Describe credit and debt and their impacts on personal finances


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28089 v4
NZQA Info

Demonstrate knowledge of personal financial goal setting


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28090 v4
NZQA Info

Demonstrate knowledge of selected personal financial saving and investment options that provide financial benefits


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 17
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.