L2FIN

NCEA Level 2 Financial Capability

Course Description

Teacher in Charge: Ms H. deVries.

Level 2 Financial Capability course is for students that have had limited success at Level 1 NCEA across the curriculum. Students will work towards gaining credits at level 2 with an emphasis on preparing them for the workforce.  Units of work include: understanding incoming personal finance (banking and investments products); understanding outgoing finances (credit and debt, insurance products, understanding deductions from your wages) and making all of that work for your financial health (producing a budget, know how different life stages can impact upon your budget and how to evaluate options to increase your income).  The majority of students that select this course will exit school at the end of year 12.  Total credits available for this course: 26 (Unit Standards only).

Credit Information

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

Total Credits Available: 15 credits.
Internally Assessed Credits: 15 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 24695 v4
NZQA Info
Explain taxation and other deductions relating to personal income
Level: 2
Internal or External: Internal
Credits: 2
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 24699 v4
NZQA Info
Make an informed decision relating to personal income and explain its impacts
Level: 2
Internal or External: Internal
Credits: 2
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. 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. 28192 v2
NZQA Info
Demonstrate knowledge of street light installations
Level: 4
Internal or External: Internal
Credits: 2
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 15
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

Disclaimer

Southland Boys' High School endeavours to timetable courses depending on students' needs, interests and future plans.  Many factors can influence whether a course is able to be offered in the following year.  These can include:

  • Student demand
  • Staff availability
  • Resourcing

These factors can also impact on timetabling, and as a result students will be asked for input about any clashes that may occur.

Where a course is not able to be run, students' back-up subjects will be used.  If there are issues with student selections and the timetabling process, students will have the opportunity to make a decision in conjunction with staff input on the best solution.