Comparative Analysis of the Level of Financial Literacy Between FEB and Non-FEB UHO Students
Keywords:Financial Behavior, Financial Knowledge, Financial Literacy, Financial Skills
This study aims to determine the level of financial literacy of students in the Faculty of Economics and Business and students in the Faculty of Non-Economics. The sample in this study comprised 98 students who were recruited using a proportionate stratified random sampling approach. The data collection method used a questionnaire data instrument (questionnaire). A descriptive approach was used for data collection. Data analysis based on the literacy level used by Chen and Volpe (1998) was high literacy, medium literacy, and high literacy. The results showed that the financial literacy level of 2018 undergraduate students from the Faculty of Economics and Business and students from the Non-Economic Faculty of Halu Oleo University were in the medium literacy category. When viewed from the perspective of financial knowledge, the literacy category had low literacy. When viewed from the perspective of financial skills, the category is low literacy. When viewed from financial confidence, the category is highly literate for students of the Faculty of Economics and low literacy for students of the Faculty of Non-Economics. In terms of financial attitudes, the literacy category had low literacy. Meanwhile, based on financial behavior, the literacy category is highly literate.
Akbar. (2020). Level of Financial Literacy of Students of the Faculty of Economics and Business and Business, Halu Oleo University, Unpublished Thesis, Halu Oleo University. Kendari.
Arif, K. (2015). Financial literacy and other factors influencing individuals’ investment decisions: Evidence from a developing economy (Pakistan). Journal of Poverty, Investment, and Development: An international peer-reviewed journal. 12, 74-84.
Furnham. (1984). Many Sides of the Coin: The Psychology of Money Usage. Diff. Vol. 5, No. 5, pp., 501 - 509.
Hailwood, D. (2007). Financial literacy and its role in promoting sound financial systems. Reserve Bank of New Zealand. Vol 70, No. 2.
Hilgert, H. a. (2003). Household Financial Management. Federal Reserve Bulletin, 310-322.
Huston and Sandra J. (2010). Measuring Financial Literacy Journal of Consumer Affairs, 44(2).
Kharchenko, O. (2011). Financial literacy in Ukraine: Determinants and implications for saving behavior. Ukraine: Kyiv School of Economics.
Krishna, d. (2010). Analysis of Financial Literacy among college students and its influencing factors. Proceedings of the 4th International Conference on Teacher Education; Join Conference UPI & UPSI:552560.
Kusumawadhani, et al. (2020). Analysis of differences in the level of financial literacy among economics faculty students and non-economics faculty students. volume 10, Number 1, 15-28.
Mendari, A. S. (2014). Level of Financial Literacy among STIE MUSI Students. Page. 130-140.
Rohrke, A. &. (2000). Guides in Financial Literacy Resources. Journal of the Financial Literature.
Soetiono, S. d. (2018). Financial Literacy and Financial Inclusion in Indonesia. 1st Printing, Rajawali, and Depok.
Ulfatun T. Udhama U.S, d. D. (2014). Analysis of the Level of Financial Literacy of Students of the Faculty of Economics and Business, State University of Yogyakarta in the 2012-2014 academic year. Volume 11, No.2., pp. 1-13. .
Yushita, A. N. (2017). Importance of Financial Literacy. Nominal Journal/Volume Vi Number 1/ Year 2017, 11-26.