Financial Studies Certificate (CeFS)

Course Overview

The Certificate in Financial Studies (CeFS) teaches students about the financial services industry and how to apply the appropriate solutions available within the evolving financial services marketplace. The qualification will enable learners to make informed and confident decisions regarding their finances. It will help learners to become responsible borrowers and sensible savers, and to have an appreciation of the need for financial planning throughout their life. CeFS is a Level 3 qualification, which is benchmarked at equivalent to an AS Level. Upon completion on the CeFS, students can study for a further year to achieve the Diploma in Financial Studies (DipFS). The Diploma is also a Level 3 qualification, benchmarked as an A2 equivalent.

Entry Requirements
  • A minimum of five GCSEs (with two at grade 6, and three at grade 4). 
  • GCSE English and maths at grade 4 or above.
  • Desired G-Score of 5.0

A keen interest in current affairs is desirable and there is a lot of independent reading to do.

Please click here to see grades conversions in line with the new grading system.


For those wishing to seek employment after A-Levels, this course provides an excellent base from which to enter the banking and insurance industries in particular but any business would welcome students with a good understanding of personal finance. 

We promote work experience with companies such as Ernst Young and PwC – and several students have been successful in securing a placement in the past.  Indeed, last year, 2 students were accepted on to a full apprenticeship scheme at a large, local insurance company. 

The qualifications are well-respected by industry and many professionals, already employed, study LIBF qualifications as part of their continued professional development.

Course Outline

Components of Course
There are 4 Mandatory Modules:

  • Financial Capability for the Immediate & Short Term 
  • Financial Capability for the Medium & Long Term
  • Sustainability of an Individuals Finances
  • Sustainability of the Financial System

Students have to pass each of the 4 compulsory units.  Each unit as two papers – one multiple choice paper and one pre-release case study paper.   Students are able to re-take each paper once, free of charge, and the highest score counts!

No Coursework

100% Examination 

Exam Board
London Institute of Banking & Finance (LIBF)

Student Portrait

“I studied Financial Studies with Travel & Tourism and Law at Cadbury College. I am now studying a degree in International Business and Management at Aston University.”
Ehtisham Adil

Frequently Asked Questions

How does the college allocate places to students?

All applicants will be invited to attend an admissions interview. An offer of a place to study at Cadbury College is made subject to you meeting the College's standard entry grade requirements. If the number of applicants exceeds the number of places on offer a reserve list will be opened.

What are the costs to study at Cadbury College?

There are no tuition fees for 16-18 year olds. Students are asked to pay a £25 book deposit when they enrol at the college, however this is returned at the end of the two years of study when all books and resources have been returned to the college. Some subjects will offer field trips which may impose some additional costs, however these costs will be kept to a minimum and these field trips are not compulsory.

When does enrolment take place?

Enrolment takes place after GCSE Results are announced. It is usually at the end of August into the beginning of September, with all students being on timetable by the end of the first week of September. Further details about enrolment and a date/time for your individual appointment will be sent to you in a letter over the summer holiday. The enrolment appointment will take between 1 and 2 hours.

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