Financial literacy of first-year university students. The role of education.

Autor/inn/en	Kozina, Francka Lovsin; Ponikvar, Nina
Titel	Financial literacy of first-year university students. The role of education.
Quelle	In: International journal of management, knowledge and learning, 4 (2015) 2, S. 241-255Infoseite zur Zeitschrift PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	2232-5107; 2232-5697
Schlagwörter	Bildung; Erziehung; Wissen; Finanzmanagement; Student; Slowenien
Abstract	This paper presents an insight into the characteristics of how students manage their finances and their general financial literacy. The study was carried out by surveying 259 students from two different faculties. Students from the study programs with economics subjects were statistically better at defining inflation, liquidity and real income. Statistically significant differences between courses were seen also in the area of investment decisions, business students prefer riskier investments like an investment in bonds or gold, whereas non-business students prefer saving the money in a savings account. The results show that students who had economics content in their program more often state they control their finance and have on average better financial knowledge. The results suggest that participation in economic/financial courses increases financial literacy and also feelings of mastery of financial areas, which is important to transfer knowledge into the practice. (Orig.).
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2017/4