NCEA Level 2 Financial Literacy

Aim

This course is intended for students who have not always found the study of Mathematics easy but are keen to continue with the subject. The course develops a student's ability to use Mathematics in real life contexts and with a clear focus on personal finance.

Course content

Core mathematical skills for financial maths
Designing statistical questionnaires
Applying network methods
Evaluating insurance products
Producing budgets for individuals
The effect of life events on personal finance

Assessment

There are a variety of assessment tasks and school examinations. There will be no externally assessed standards in this course.

Qualification gained

Full course completion - 17 credits at NCEA Level 2

Due to the range of standards there is no subject endorsement available from this course

This subject has links with

The wider working world, business studies and personal finance

Entry requirements

Open entry

Next step

NCEA Level 3 Mathematics - Financial Literacy

Achievement Standard

90846 2.4 3 Credits Internal Conduct market research for a new or existing product
91260 2.5 2 Credits Internal Apply network methods in solving problems
91263 2.8 3 Credits Internal Design a questionnaire

Unit Standard

28092 3 Credits Internal Analyse the effect of significant life events at different life stages on personal financial income
28093 3 Credits Internal Describe the financial responsibilities and consequences of tertiary study funding options
28094 3 Credits Internal Produce a balanced household budget and adjust the budget to reflect changing financial circumstances
28096 3 Credits Internal Demonstrate understanding of insurance products for personal financial capability

Five standards are delivered each year, with the sixth standard chosen from either 28093 or 90846.

Course contribution

Workbooks $20

Scientific Calculator Required