Financial Literacy of Masaryk University Students with Focus on Socially Disadvantages Citizens

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Authors

SVOBODA Martin

Year of publication 2014
Type Article in Proceedings
Conference European Financial Systems 2014. Proceedings of the 11th International Scientific Conference
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords financial literacy; university students; personal budget; money; education; socially disadvantages citizens
Description The aim of this paper is to analyze the current level of financial literacy of Masaryk University (MU) students. The empirical survey was conducted among students of the Faculty of Economics and Administration MU. It included both full-time and combined-study students who enrolled in the courses “Basic Finance”, taught in the Bachelor study program, and “Financial investment”, which is offered to university students in the master’s degree study program. The questionnaire survey was conducted within the Citi Foundation program and it was based on the project of “Empirical verification of university students’ literacy”, whose aim was to test the financial literacy of individual respondents, i.e. university students. The sub-objective was to identify suitable students who are skilled enough to disseminate voluntarily financial literacy within their communities and will focus primarily on socially disadvantaged citizens.
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