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Is the Financial Literacy Level of Finance and Law Students the Same?

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F17%3A00108780" target="_blank" >RIV/00216224:14560/17:00108780 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Is the Financial Literacy Level of Finance and Law Students the Same?

  • Original language description

    The aim of this paper is to examine whether there is a difference in the level of financial literacy between finance students and law students. The financial literacy questionnaire was presented to the students of the Faculty of Economics and Administration and to the students of the Faculty of Law at Masaryk University in the Czech Republic. The study was conducted in the academic year 2015/16. The paper shows the results of the comparative analysis examining the difference in financial literacy among sophomore finance students and law students. The measurement of financial literacy consisted of score measuring basic financial knowledge, financial behaviour score, and financial attitudes score following the OECD methodology. The results indicated the need of financial education among both finance students and law students as the comparative analysis showed no statistically significant difference in the financial literacy level between the sophomore students majoring in finance and sophomore students majoring in law.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50206 - Finance

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2017

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Conference Proceedings Financial Management of Firms and Financial Institutions

  • ISBN

    9788024841380

  • ISSN

    2336-162X

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    336-341

  • Publisher name

    VŠB-TU of Ostrava

  • Place of publication

    Ostrava

  • Event location

    Ostrava

  • Event date

    Jan 1, 2017

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article

    000508278200040