CHMELÍKOVÁ, Barbora and Martin SVOBODA. Is the Financial Literacy Level of Finance and Law Students the Same? In Čulík, M. Conference Proceedings Financial Management of Firms and Financial Institutions. Ostrava: VŠB-TU of Ostrava, 2017, p. 336-341. ISBN 978-80-248-4138-0.
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Basic information
Original name Is the Financial Literacy Level of Finance and Law Students the Same?
Authors CHMELÍKOVÁ, Barbora (203 Czech Republic, guarantor, belonging to the institution) and Martin SVOBODA (203 Czech Republic, belonging to the institution).
Edition Ostrava, Conference Proceedings Financial Management of Firms and Financial Institutions, p. 336-341, 6 pp. 2017.
Publisher VŠB-TU of Ostrava
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50206 Finance
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
Publication form printed version "print"
RIV identification code RIV/00216224:14560/17:00108780
Organization unit Faculty of Economics and Administration
ISBN 978-80-248-4138-0
ISSN 2336-162X
UT WoS 000508278200040
Keywords in English Financial literacy; financial knowledge; financial behaviour; financial attitudes; university students
Tags International impact, Reviewed
Changed by Changed by: Mgr. Daniela Marcollová, učo 111148. Changed: 27/4/2020 13:19.
Abstract
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.
Links
MUNI/A/0823/2016, interní kód MUName: Behaviorální, znalostní a ekonomické aspekty oceňování a obchodování finančních a jiných aktiv (Acronym: BZEAO)
Investor: Masaryk University, Category A
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