HND Financial Services (Fixed Framework)

HND Financial Services (Fixed Framework)

Higher National qualifications provide skills and knowledge that employers need. They allow advanced entry to universities internationally.

The HND in Financial Services develops skills and knowledge that are specific to the UK financial services industry, including product, service and legislative knowledge. The topics covered include: personal financial services, business accounting, economics, financial services regulatory framework, personal and business lending, principles of insurance, pensions provision, and financing international trade.

This HND also provides an understanding of the roles and responsibilities of financial services providers.

This qualification is available through a growing number of colleges and universities around the world. Typically, an HND takes two years to complete.


Keep up to date and engage with all things Accounting, Administration, Business and Finance related through our blog.

Accounting, Administration, Business and Financial Services blog

Alternative assessment guidance 2021-22

For guidance on which approach suits your current circumstances please use the HNVQ assessment decision tree.

HND Financial Services (Fixed Framework) alternative assessment approaches (159 KB)

Why deliver this qualification

Higher National qualifications have been developed by SQA in partnership with colleges, universities and industry ¿ so employers recognise that they provide sound evidence of ability.

The Unit-based structure supports flexible delivery. A Unit is typically 40 hours of timetabled learning.

Who does this qualification suit

The HND Financial Services is suitable for a wide range of candidates including:

  • school leavers
  • adult returners to education
  • individuals in employment who wish to enhance their career prospects
  • those who wish to pursue a career in financial services or in general business/management

Entry requirements

As with all SQA qualifications, entry is decided by the college or learning provider. As a guide, the college or learning provider will look for:

  • school-leaving qualifications equivalent to QCF level 3/ SCQF level 6 meaning the student has the ability to study at the higher level
  • a centre-devised test which shows the student's ability to study at HND level
  • relevant work experience

Progression and employment

The HND in Business can provide advanced entry to degree-level study or a Masters degree programme.

For further information please refer to the SQA Diploma to Degree agreements.


Centre and subject approvals are required as outlined here: Approvals Process

Assessors and verifiers must be able to meet SQA's general requirements for technical/occupational competence.

How to assess

Each individual Unit specification gives detailed information on the Evidence Requirements and approaches to assessment for each Unit.

Ongoing course assessment will apply.


Where can you take this course?

Qualification content and delivery tools


Qualification Structure

HND Financial Services

Group Award code: GP0P 16 (240 SCQF credit points)

The HND in Financial Services at SCQF level 8 consists of 22 units.

Group Award Specification


This group award has been replaced and has entered into its lapsing period.
HND Financial Services GE9R 16
The finishing date for this qualification is 31/07/2021
Centres should note that when a group award is entered into its lapsing period, the following will apply:
  • the group award will be deleted from the relevant catalogue
  • the group award arrangements document will remain until the qualification reaches its finish date, at which point it will be removed from the SQA website and archived
  • no new centres may be approved to offer the group award
  • centres should only enter learners whom they expect to complete the group award during the defined lapsing period of two years

Qualification Structure

HND Financial Services

Group Award code: GE9R 16 (240 SCQF credit points)

HND Financial Services at SCQF level 8 consists of 23 Units.

Course Tutor Guide (including Course Framework)

For further information on the structure and Units for this course please refer to the Course Tutor Guide (1.51 MB)

Guidance on updating Units with Tax Content

Error Tolerance Guidance for HN Accounting Units