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EVALUATION OF KNOWLEDGE RELATED TO FINANCE IN STUDENTS OF SELECTED CZECH UNIVERSITIES

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F19%3A79234" target="_blank" >RIV/60460709:41110/19:79234 - isvavai.cz</a>

  • Alternative codes found

    RIV/00216208:11510/19:10396578

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    EVALUATION OF KNOWLEDGE RELATED TO FINANCE IN STUDENTS OF SELECTED CZECH UNIVERSITIES

  • Original language description

    The goal of this paper is to evaluate the level of financial literacy possessed by students in relation to their knowledge of terminology and attitudes. The primary data were acquired through quantitative research survey (n = 585). The respondents were students at selected faculties of two universities. These faculties specializations always differed: at every university a faculty focused on economy and a faculty focused on agriculture were picked. The results show that only 54,5% (320) of the respondents were able to correctly characterize the term inflation. Only 29,2% (171) of the respondents knew the real difference between the terms leasing and credit. Barely a quarter of the respondents (24,8%, 145) were able to correctly define the term APR. A statistical analysis of the data only showed a provable dependency between the respondent saving some of their income for unpredictable situations and the respondents field of study.

  • 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

    2019

  • Confidentiality

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

Data specific for result type

  • Article name in the collection

    Proceedings of the 16th International Conference Efficiency and Responsibility in Education 2019

  • ISBN

    978-80-213-2878-5

  • ISSN

  • e-ISSN

  • Number of pages

    8

  • Pages from-to

    13-20

  • Publisher name

    Neuveden

  • Place of publication

    Prague

  • Event location

    Prague

  • Event date

    Jun 6, 2019

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000478861500002