Financial Literacy of Students of Finance: An Empirical Study from the Czech Republic
| Authors | |
|---|---|
| Year of publication | 2015 |
| Type | Article in Proceedings |
| Conference | Conference Proceedings of ICFA 2015: 17th International Conference on Finance and Accounting |
| MU Faculty or unit | |
| Citation | |
| Field | Management and administrative |
| Keywords | Financial literacy; financial behavior; personal finance management; university students |
| Description | Financial literacy is a widely discussed topic on the national and international level by governments, organizations and academia. For this reason this study analyses financial knowledge, financial behavior and financial attitudes of students of finance.The aim of the paper is to determine whether the financial literacy of university students studying financediffers from the level of financial literacy in selected OECD countries. The research was conducted at Masaryk University in the Czech Republic. The empirical study comprises questions related to several aspects of financial literacy, as well as socio-demographic data enabling more thorough analysis. The results indicate that improvement in financial literacy of university students is still required, even though their major is finance related. |
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