D 2017

Is the Financial Literacy Level of Finance and Law Students the Same?

CHMELÍKOVÁ, Barbora and Martin SVOBODA

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

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50206 Finance

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

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

UT WoS

000508278200040

Keywords in English

Financial literacy; financial knowledge; financial behaviour; financial attitudes; university students

Tags

International impact, Reviewed
Změněno: 27/4/2020 13:19, Mgr. Daniela Marcollová

Abstract

V originále

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 MU
Name: Behaviorální, znalostní a ekonomické aspekty oceňování a obchodování finančních a jiných aktiv (Acronym: BZEAO)
Investor: Masaryk University, Category A