Determinants of Financial Literacy and Investment Behavior: Evidence from University Students
The research explores Financial Literacy (FL) among undergraduate students. The study aims to evaluate the FL of a specific group of undergraduate students. It investigates how different demographic and socioeconomic factors influence these students' FL and analyzes various demographic and soc...
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
National University of Modern Languages (NUML), Islamabad
2024-06-01
|
| Series: | NUML International Journal of Business & Management |
| Subjects: | |
| Online Access: | https://nijbm.numl.edu.pk/index.php/BM/article/view/193 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1841558993185538048 |
|---|---|
| author | Muhammad Sulaman Akram Noureen A. Khan Baharom Hamid Mudeer Khattak |
| author_facet | Muhammad Sulaman Akram Noureen A. Khan Baharom Hamid Mudeer Khattak |
| author_sort | Muhammad Sulaman Akram |
| collection | DOAJ |
| description |
The research explores Financial Literacy (FL) among undergraduate students. The study aims to evaluate the FL of a specific group of undergraduate students. It investigates how different demographic and socioeconomic factors influence these students' FL and analyzes various demographic and socioeconomic factors to determine if they are better predictors of FL among students. The demographic and socioeconomic factors analysis shows that FL among university students is generally low. Male students studying business and coming from higher-income families have improved FL, while students in their early twenties typically have lower levels of FL. Educators should help low-income parents and women with FL, promoting financial inclusion. Helping women improve their financial understanding brings numerous benefits and positively influences the financial attitudes of their children, encouraging them to foster strong financial skills and knowledge from an early ages.
|
| format | Article |
| id | doaj-art-01c82c996d644faf9048351d605fc132 |
| institution | Kabale University |
| issn | 2410-5392 2521-473X |
| language | English |
| publishDate | 2024-06-01 |
| publisher | National University of Modern Languages (NUML), Islamabad |
| record_format | Article |
| series | NUML International Journal of Business & Management |
| spelling | doaj-art-01c82c996d644faf9048351d605fc1322025-01-05T15:08:54ZengNational University of Modern Languages (NUML), IslamabadNUML International Journal of Business & Management2410-53922521-473X2024-06-01191Determinants of Financial Literacy and Investment Behavior: Evidence from University StudentsMuhammad Sulaman Akram0Noureen A. Khan1Baharom Hamid2Mudeer Khattak3Independent Researcher, Competition Commission PakistanAssociate Professor, Iqra University Islamabad CampusProfessor, INCEIF University, MalaysiaAssistant Professor, Iqra University Islamabad campus The research explores Financial Literacy (FL) among undergraduate students. The study aims to evaluate the FL of a specific group of undergraduate students. It investigates how different demographic and socioeconomic factors influence these students' FL and analyzes various demographic and socioeconomic factors to determine if they are better predictors of FL among students. The demographic and socioeconomic factors analysis shows that FL among university students is generally low. Male students studying business and coming from higher-income families have improved FL, while students in their early twenties typically have lower levels of FL. Educators should help low-income parents and women with FL, promoting financial inclusion. Helping women improve their financial understanding brings numerous benefits and positively influences the financial attitudes of their children, encouraging them to foster strong financial skills and knowledge from an early ages. https://nijbm.numl.edu.pk/index.php/BM/article/view/193Financial LiteracyUniversity StudentsLogistic RegressionPakistan |
| spellingShingle | Muhammad Sulaman Akram Noureen A. Khan Baharom Hamid Mudeer Khattak Determinants of Financial Literacy and Investment Behavior: Evidence from University Students NUML International Journal of Business & Management Financial Literacy University Students Logistic Regression Pakistan |
| title | Determinants of Financial Literacy and Investment Behavior: Evidence from University Students |
| title_full | Determinants of Financial Literacy and Investment Behavior: Evidence from University Students |
| title_fullStr | Determinants of Financial Literacy and Investment Behavior: Evidence from University Students |
| title_full_unstemmed | Determinants of Financial Literacy and Investment Behavior: Evidence from University Students |
| title_short | Determinants of Financial Literacy and Investment Behavior: Evidence from University Students |
| title_sort | determinants of financial literacy and investment behavior evidence from university students |
| topic | Financial Literacy University Students Logistic Regression Pakistan |
| url | https://nijbm.numl.edu.pk/index.php/BM/article/view/193 |
| work_keys_str_mv | AT muhammadsulamanakram determinantsoffinancialliteracyandinvestmentbehaviorevidencefromuniversitystudents AT noureenakhan determinantsoffinancialliteracyandinvestmentbehaviorevidencefromuniversitystudents AT baharomhamid determinantsoffinancialliteracyandinvestmentbehaviorevidencefromuniversitystudents AT mudeerkhattak determinantsoffinancialliteracyandinvestmentbehaviorevidencefromuniversitystudents |