fbpx

Zuzana Kozubíková
University of Žilina – Faculty of Management Science and Informatics – Department of the Macro and Microeconomics, Univerzitná 8215/1,010 26 Žilina, Slovak Republic

DOI: https://doi.org/10.31410/EMAN.S.P.2019.45

3rd International Scientific Conference – EMAN 2019 – Economics and Management: How to Cope With Disrupted Times, Ljubljana – Slovenia, March 28, 2019, SELECTED PAPERS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; Faculty of Management Koper, Slovenia; Doba Business School – Maribor, Slovenia; Integrated Business Faculty –  Skopje, Macedonia; Faculty of Management – Zajecar, Serbia, ISBN 978-86-80194-19-6, ISSN 2683-4510

Abstract:

Accepting financial literacy, as one of the key competencies of the modern human, leads us to questions about the efficiency of financial education. The present paper seeks to determine the influence of economic education on university students and movements in their skills in financial education. It is based on a statistical analysis of the results before and after absolving the course. The research is concerned also in the changes in the attitudes of the course participants to the perception of the importance and self-appreciation of their own financial decision abilities. Particularly, recognizing the importance of being financially literate is determined as the fundamental factor for improving proficiency.

Keywords:

Financial literacy, financial education, skills.

REFERENCES

[1] Kim, J. (2001). Financial knowledge and subjective and objective financial wellbeing. Consumer Interests Annual, 47, 1–3.
[2] Vodák, J., Kucharčíková, A. (2011). Effective staff training. Prague, Grada Publishing. 2011. p. 240.
[3] Kucharčíková, A. (2011). Human Capital – definitions and approaches. Human Resources Management & Ergonomics. Volume V, No 2/2011, pp. 60-70.
[4] Parr, D., Van Horn, M. (2006). Development of Organic and Sustainable Agricultural Education at the University of California. Davis: A Closer Look at Practice and Theory. Hort Technology 16 (3), 426–431.
[5] Ďurišová, M. (2013). Modern methodological approach to teaching business economics for IT students. In: Procedia – social and behavioral sciences [online], 2013, vol. 106, pp. 1850-1856.
[6] Lendel, V., Varmus, M. (2013). Identification of the Levels of Application of Feedback by University Teacher. Management: Science and Education, 2 (2) 2013, pp. 58-60
[7] Tokarčíková, E. (2013). Aspects of Teaching Economics for Students of Informatics. Procedia – Social and Behavioral Sciences [online], 2013, vol. 106, pp.495-502.
[8] Vazquez, J. L., Aza, C. L. & Lanero, A. (2014). Responsible Human Resources Management in the University – A View of Spanish Students. Human Resources Management and Ergonomics, 8(1), 118–128.
[9] Avard, S., Manton, E., English, D., & Walker, J. (2005). The financial knowledge of college freshmen. College Student Journal, 39(2), 321–339.
[10] Agarwal, S., Amromin, G., Ben-David, I., Chomsisengphet, S., & Evanoff, D. D. (2015). Financial literacy and financial planning: Evidence from India. Journal of Housing Economics, 27, 4–21. https://doi.org/10.1016/j.jhe.2015.02.003
[11] Boyland, J., Warren, R. (2013). Assessing the Financial Literacy of Domestic and International College Students. MBA Student Scholarship. Retrieved from https://scholarsarchive. jwu.edu/mba_student/18
[12] Behrman, J. R., Mitchell, O. S., Soo, C. K., & Bravo, D. (2012). How Financial Literacy Affects Household Wealth Accumulation. American Economic Review, 102(3), 300–304. https://doi.org/10.1257/aer.102.3.300
[13] Fornero, E., Monticone, C. (2011). Financial literacy and pension plan participation in Italy. Journal of Pension Economics & Finance, 10(4), 547–564. https://doi.org/10.1017/S1474747211000473
[14] Lusardi, A., Mitchel, O., S., & Curto, V. (2010). Financial Literacy among the Young. Journal of Consumer Affairs, 44(2), 358–380. https://doi.org/10.1111/j.1745-6606.2010.01173.x
[15] Lusardi, A., & Mitchelli, O. S. (2007). Financial Literacy and Retirement Preparedness: Evidence and Implications for Financial Education. Business Economics, 42(1), 35–44. https://doi.org/10.2145/20070104
[16] Ansong, A. (2011). Level of knowledge in personal finance by university freshmen business students. African J. Bus. Manag., 5. https://doi.org/10.5897/AJBM11.483
[17] Rybička, J., Kozubík, A. (2017). Self-reflection of the university students in financial literacy. In: Knowledge for Market Use 2017: People in Economics – Decisions, Behavior and Normative Models. International scientific conference, Olomouc: Societas Scientiarium Olomucensis II, pp. 682-693.


Share this