Is the Financial Literacy Affected by the Field of Study?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F19%3A%230000521" target="_blank" >RIV/04274644:_____/19:#0000521 - isvavai.cz</a>
Result on the web
<a href="https://researchleap.com/financial-literacy-affected-field-study-comparison-specialised-secondary-schools/" target="_blank" >https://researchleap.com/financial-literacy-affected-field-study-comparison-specialised-secondary-schools/</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.18775/ijmsba.1849-5664-5419.2014.56.1002" target="_blank" >10.18775/ijmsba.1849-5664-5419.2014.56.1002</a>

Result language
angličtina
Original language name
Is the Financial Literacy Affected by the Field of Study?
Original language description
The transition to a market economy system, changes in the lifestyle, the impact of new technologies, strengthening marketing efforts of financial intermediaries, all place increasing pressure on the ability to make correct financial judgments and the decisions, generally referred to as “financial literacy”. However, the content of this term is not defined precisely, many research studies analyzed this phenomenon and confirmed relatively low levels both in adults and in the young generation and its dependence on many factors. The aim of our study is to find out if the level of financial literacy is affected by the field of the study. We used a questionnaire-based research methodology. We asked two student groups to compare and provide the solution to three model financial situations. One group included students of a business academy and the second group included students of a secondary grammar school. Our results confirmed the slightly higher level of financial literacy of the students of the grammar school. The differences between these two groups of students did not confirm the impact of the field of study but turned our attention to other influencing factors.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical
International Journal of Management Science and Business Administration
ISSN
1849-5419
e-ISSN
1849-5664
Volume of the periodical
5
Issue of the periodical within the volume
6
Country of publishing house
HR - CROATIA
Number of pages
6
Pages from-to
15-20
UT code for WoS article
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EID of the result in the Scopus database
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