Financial Studies Success for Bancroftians
Three of last year's U6 have been named as amongst the UK’s highest academic achievers in personal financial education at AS level. Robbie Abbot, Lorraine James and Hannah White achieved results in the Certificate in Financial Studies (CeFS), which were in the top one per cent in the country out of more than 30,000 students. The CeFS is an AS level equivalent qualification offered by leading financial education charity ifs University College. This represents a fantastic achievement for the students and also for the School; Martin Flaherty, who teaches the CeFS, said that there was only one other school in the whole of the country which had three pupils in the top 1%.
In recognition of their achievement, Robbie, Lorraine and Hannah will now each be offered a £750 scholarship towards any full-time undergraduate degree programme offered by ifs University College, should they choose to pursue further their interest in the world of finance
The Certificate in Financial Studies (CeFS) is designed for teenagers who are at, or will shortly be reaching, a life stage when they no longer depend on others for their financial provision. Students taking the qualification gain knowledge about the sources and uses of money, how to plan an effective personal budget, the use of appropriate financial products and services and the concepts and consequences of misaligned finances.
Alison Pask, Vice Principal of ifs University College said, “We’d like to congratulate these three on a fantastic achievement! To be named as one of the top performing students in the UK is testament to their hard work, dedication and commitment to taking responsibility for their own financial circumstances. Bancroft’s School can rightly feel proud of their achievements in helping to equip their students with a vital life skill that will always be relevant. Whatever Robbie, Lorraine and Hannah decide to do in their future career, they can be certain that they have the appropriate knowledge and skills to be able to understand and manage their own personal finances effectively.”