Financial literacy belongs to the most important competences of all members of the modern 21-st century society. The authors present results of the research based on the personal finance index that is recently developed an innovative measure of knowledge. The questionnaire research that has been conducted among the students of two universities in the Czech and Slovak republic. It focused on full-time and part-time students with the aim to verify the suggestion that practical experience of distance learning students has a significant impact on the level of their financial literacy. Statistical analysis of the data shows, that part-time students have achieved better results in all functional areas of the personal finance index. Based on these findings authors also drew some conclusions for improving education in this field.
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.
The financial literacy belongs to the key competencies of the modern society members and its importance growths every day. This paper presents results of the financial literacy research among the university students of the different fields of study. The survey covers both forms of study, means the full-time study and as well the part-time study. We obtained the data through a questionnaire survey conducted simultaneously at five universities in Czech Republic and Slovakia. In this survey, we have found out some of the personality characteristics of the participants, and further, they solved common problems in the area of the financial decision making. The aim of the research was to verify whether the everyday practical experience of part-time students has a positive impact on their financial literacy when compared with the full-time students. In this context, we have also distinguished between economic and technical studies. Applying the statistical analysis methods, we have not only confirmed our expectations, but this analysis also revealed several remarkable findings.
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