According to the government, the review will replace the current curriculum with one based on the best school systems in the world and provide a world-class resource for teachers and children; consider what subjects should be compulsory at what age; and consider what children should be taught in the main subjects at what age.
The new National Curriculum will begin to be taught in maintained schools from September 2013. In order to allow schools time to manage the transition to the new curriculum effectively, the new Programmes of Study for English, mathematics, science, and physical education will be introduced from 2013, with Programmes of Study for other subjects coming into force the following year. The review will also advise on how the new curriculum should be phased in for each key stage.
ifs School of Finance welcomes review
Financial education charity, the ifs School of Finance, has issued a broad welcome to the government’s decision to overhaul the national curriculum.
Rod McKee, Head of Financial Capability at the ifs School of Finance, said: “The current framework is already under pressure to deliver on multiple key issues meaning that financial education can often lose out. By giving more flexibility for teachers to design their curriculum, we hope this overhaul will see more schools able to offer personal finance on a par with other subjects.”
“Equipping future generations with the skills to properly manage their own finances is a high priority, particularly in an era of soaring higher education fees, diminishing public pensions and greater longevity. We hope that a less crowded mandatory curriculum will remove some of the barriers to giving financial education a firmer place in our education system.”
“In the five years since we became the first organisation to offer GCSE, AS and A level equivalent qualifications in personal finance, we have worked with over 500 schools throughout the UK in ensuring more and more 14-19-year-olds leave school with the ability to make informed financial decisions.”
For further information, please visit www.financialcapability.co.uk
