NCEA Level 3 Financial Mathematics
Aim
This course is intended for learners who have not always found the study of mathematics easy but are keen to continue with the subject. The course develops learners ability to work with statistics on a practical level and includes a clear focus on personal finance.
Course content
Determining the trend for time series data
Determining relationships using bivariate data
Evaluating statistically based reports
Understanding risk and return
Setting a complex personal goal and plan for its implementation
Showing an understanding of critical paths leading into basic project planning
Assessment
There are a variety of assessment tasks and school examinations. Externally assessed topics are examined nationally at the end of the year.
Qualification gained
Full course completion - 22 credits at NCEA Level 3
Note: The two Unit Standards do not qualify for University Entrance, so to gain the 14 UE credits from this class learners must pass all of the Achievement Standards including the External.
This subject has links with
Economics, Geography
Prior knowledge required
Open entry
Next step
University and Polytechnic studies, the wider working world and personal finance.
Achievement Standard
91576 3.4 2 Credit Internal Use critical path analysis in solving problems
91580 3.8 4 Credit Internal Investigate time series data
91581 3.9 4 Credit Internal Investigate bivariate measurement data
91584 3.12 4 Credit External Evaluate statistically based reports
Unit Standard
28101 US 4 Credit Internal Create a long-term personal financial investment portfolio
28100 US 4 Credit Internal Develop a plan to achieve a long-term personal financial goal(s)
Course contribution: $15 indicative amount, may be subject to change.
Workbooks.
(A scientific calculator is required)