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Financial Literacy: A Suite of OCN units
The Basic Skills Cymru Financial Literacy project have produced a suite of Financial Literacy units accredited through OCN Wales. The new units are now available for use throughout Wales.
Open College Network (OCN) Wales
Open College Network Wales supports learning and widens opportunity by recognising achievement through credit based courses and qualifications and works in partnership with colleges, universities, adult education centres, voluntary and community groups and employers.
Open college networks recognise and accredit courses covering all aspects of education and training. They award nationally recognised certificates of achievement, using the system of OCN credits and NOCN qualifications.
Courses are offered by Universities and Higher Education Colleges, Further Education Colleges, Community Education providers (e.g. workers education association), voluntary organisations and community partnerships, Local Education Authorities, Health Authorities, Small and Large private sector businesses.
To find out more about OCN Wales please visit the website at www.ocnwales.org.uk
We have developed a suite of 25 single credit units to target literacy and numeracy basic skills through the context of financial literacy. They have been designed to ensure they are relevant and accessible to a wide range of organisations. There are 5 units for each level; one unit is primarily literacy focussed, one unit primarily numeracy focussed, and the remaining three having varying combinations of both literacy and numeracy.
Entry Level 1
1 – Money and Organisations: Dealing with Money – HE1/E1/CY/003
2 – Home Finances - HE1/E1/CY/004
3 – Earnings and Income - HE1/E1/CY/002
4 – Budgeting - HE1/E1/CY/005
5 – Purchasing Goods - HE1/E1/CY/006
Entry Level 2
1 – Money and Organisations: Dealing with Money - HE1/E2/CY/005
2 – Home Finances - HE1/E2/CY/006
3 – Earnings and Income - HE1/E2/CY/004
4 – Budgeting - HE1/E2/CY/003
5 – Purchasing Goods - HE1/E2/CY/002
Entry Level 3
1 – Money and Organisations: Dealing with Money - HE1/E3/CY/003
2 – Home Finances - HE1/E3/CY/004
3 – Earnings and Income - HE1/E3/CY/002
4 – Budgeting - HE1/E3/CY/001
5 – Purchasing Goods - HE1/E3/CY/005
Level 1
1 – Banking and other Financial Organisations – HE1/1/CY/006
2 – Monitoring and Managing Home Finances - HE1/1/CY/005
3 – Earnings and Income - HE1/1/CY/004
4 – Budgeting and Planning Finances - HE1/1/CY/003
5 – Personal Finance: Products and Services - HE1/1/CY/002
Level 2
1 – Financial Organisations: Dealing with Credit - HE1/2/CY/006
2 – Managing and Monitoring Personal Finances - HE1/2/CY/005
3 – The Influence of Local, National and Global Factors on Personal Finances – HE1/2/CY/003
4 – Planning Personal Finances - HE1/2 /CY/002
5 – Personal Finance: Products and Services - HE1/2/CY/004
For more information on OCN Wales or on these specific units, please visit www.ocnwales.org.uk
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