Who should do RQF Level 1 Award in Understanding Finance?
Demographic for RQF Level 1 Award in Understanding Finance
Target Audience |
Distribution Percentage |
Young Adults |
30% |
Working Professionals |
40% |
Retirees |
20% |
Students |
10% |
The RQF Level 1 Award in Understanding Finance is designed for individuals from various backgrounds who are looking to enhance their knowledge of finance. The distribution percentages of each target audience segment are as follows:
Young Adults (30%): This segment includes individuals aged between 18-25 who are just starting to manage their finances and are looking to build a strong foundation in financial literacy.
Working Professionals (40%): This segment comprises individuals who are currently employed and seeking to improve their financial management skills to advance in their careers and secure their financial future.
Retirees (20%): Retirees make up a significant portion of the target audience, as they may want to better understand their retirement savings, investments, and overall financial planning.
Students (10%): Students who are pursuing higher education or vocational training can benefit from this course to learn essential financial concepts that will be valuable in their future careers and personal lives.