scholarly journals The impact of financial literacy on risk seeking and patient attitudes of university students

2021 ◽  
pp. 1-17
Author(s):  
Calvin Mudzingiri
2020 ◽  
Vol 13 (2) ◽  
pp. 197
Author(s):  
Mohamad Fany Alfarisi ◽  
A. Agestayani ◽  
Silvi Delfiani

<p class="Abstract">The present study seeks to investigate the impact of Islamic economics courses on Islamic financial literacy of university students. Additionally, it intends to compare Islamic financial literacy of those who have taken Islamic economics and finance courses and those who have not. With respect to the approach, the current study employed a quantitative approach to explain the linkage between the two variables. The population of the present study was all currently enrolled students of public universities in Padang particularly those from the faculty of economics and business. A self-administered questionnaire had been used to collect primary data. From the total distributed questionnaire, 300 of them were completed and included in the sample. As a result the respond rate is 71.3%. The results show 145 respondents are in the category of having poor Islamic financial knowledge, while 155 respondents are in the category of moderate From 145 respondents with poor Islamic financial knowledge 79  respondents (66%) have (not) taken (any) Islamic economics and finance courses. From 155 respondents with moderate financial knowledge 114 respondents (41%) have not taken any Islamic economics and finance courses. The findings of the present study suggest that most respondents can be categorized as having moderate knowledge and attending formal Islamic economics and finance courses can positively contribute to have a greater level of Islamic financial literacy.</p>


Author(s):  
Sirli Mändmaa

Nowadays financial literacy is essential as in a society much of the financial responsibility has shifted from governments to the individual. The findings of earlier studies show that university students are not knowledgeable about personal finance and their financial skills needs improvement. This study analyzed the survey results of 536 university students to assess the financial literacy, the impact of educational and demo-graphical characteristics to the participants' financial literacy, and the students' financial opinions and choices. Results of regression analyze showed that statistically significant impact to the financial literacy had factors: academic discipline, level of education, gender, nationality, age and the choices to have a current account, a debit card, and investment services. Students studied in the Faculty of Civil Engineering compared to others, had higher knowledge in finance, especially female students. These results of study give the direction for future research and enable to enhance financial education. 


Author(s):  
Sirli Mändmaa

Financial literacy is necessary skill for life that could be improved through financial education. To enhance financial education, it is important to examine more deeply how students' financial knowledge and personal background affects their views on personal finance issues and financial decision making. This study analyzing the questionnaire survey results of 522 university students to assess the relationships between the financial literacy and students' financial opinions and choices; and the impact of educational and demographical characteristics to the participants' financial literacy, opinions and choices. Results of regression analyze show that statistically significant impact on the financial literacy have factors as gender, nationality, academic discipline, and financial choices and opinion, as holding a debit card, a bank loan, plan the financial affairs in advance on a daily basis and an interest to get more information about financial services and monetary affairs. Students studying in the science or mathematics oriented subjects have more knowledge in finance, especially male students. These results of study enable to develop financial education and give the direction for future research.


2018 ◽  
Vol 3 (7) ◽  
pp. 278-282 ◽  
Author(s):  
N. V. Gutareva ◽  
◽  
Yu. Yu. Muskharina ◽  
V. V. Gutarev ◽  
E. E. Yablochanska ◽  
...  

2020 ◽  
Author(s):  
Santiago Alonso Diaz ◽  
Nicolás Enrique Arévalo Jaimes ◽  
Sebastian Balcucho ◽  
Daniel Duque ◽  
Tatiana García ◽  
...  

Exposure to violence has lasting effects on economic behavior years after it has ended. Previous literature has proved that there is an increase in altruism, impatience, and risk-seeking. However, it is unknown if regular citizens, not directly involved in the conflict, perceive such economic behavior in post-conflict actors. We asked participants to report, relative to them, how Colombia's post-conflict actors (ex-guerrillas, ex-paramilitaries, and victims) behave in different economic games (dictator game, lotteries, and intertemporal discounting). Our sample of university students believes that victims are less altruistic than current evidence with real victims, not particularly risky, and impatient. Also, that former combatants are risk-seeking, impatient, and altruistic towards victims. These beliefs about post-conflict actors' economic behavior do not consistently coincide with behavioral changes found in actual actors involved in violence and could guide reintegration policies.


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