Financial literacy of university students – the Czech and Slovak experience

Kozubík, Aleš

doi:10.18844/prosoc.v4i3.2630

Cited by 4 publications

(3 citation statements)

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“…In the first phase, we examined the financial literacy of a wider group of university students in Slovakia and the Czech Republic. We have continuously published the results and analysis of this survey (Kozubikova, 2016), (Kozubik, Kozubikova, & Rybicka, 2017) and (Kozubik, Kozubikova, & Polak, 2019). For the second and third phases of the survey, we selected a narrower group of 200 management students.…”

Section: Methods and Data Collectingmentioning

confidence: 99%

“…The authors (Kozubik, Kozubikova, & Rybicka, 2017) also take into account the previous education at the secondary schools of respondents in financial literacy and the way of verifying skills. This survey also includes the respondent's self-assessment of the state of their financial literacy, the importance they attach to financial literacy and how they proceed when making important financial decisions.…”

Section: Literature Surveymentioning

confidence: 99%

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Financial Literacy of the Management Students and Durability of Their Knowledge

Kozubík¹,

Kozubíková²

2020

MEST Journal

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This paper deals with the issue of financial literacy of university students. The research focuses on students in managerial fields of study for whom financial literacy is an important part of their professional profile. The analysis of financial education at universities is conducted in terms of the efficiency of this process and the durability of the acquired skills. In particular, the aim was to verify the durability of knowledge gained during financial education. The level of financial literacy of students was verified by the method of the questionnaire survey which took place in two cycles. The first round has run immediately after completing the financial course and it was repeated in the second round after a halfyear time interval when the education was interrupted. The authors analyze the impact of the forgetting process by the statistical comparison of the research samples they obtained in these repeated surveys. In addition to professional questions, some self-reflective characteristics of respondents were obtained. These data have enabled analyze the causes of rapid forgetting or, conversely, maintaining or increasing knowledge. Through the self-reflective assessments of the respondents, it became clear that the importance they attach to financial literacy is a decisive factor in maintaining the competences acquired.

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Section: Methods and Data Collectingmentioning

confidence: 99%

Section: Literature Surveymentioning

confidence: 99%

Financial Literacy of the Management Students and Durability of Their Knowledge

Kozubík¹,

Kozubíková²

2020

MEST Journal

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“…A study (Kozubík et al, 2017) has shown that the importance of financial literacy perceived by the respondents is a significant factor influencing the level of financial literacy. Therefore, we also focused on changes in the importance students attach to financial literacy.…”

Section: Literature Surveymentioning

confidence: 99%

The Impact of the Pandemic on the Level of Financial Literacy of Technical University Newcomers

Kozubíková¹,

Kozubík²

2021

Fifth International Scientific Conference ITEMA Recent Advances in Information Technology, Tourism, Economics, Management and A

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Financial literacy is one of the key competencies for life in modern 21st-century society. Several studies show that education plays an important role in raising the level of financial literacy and economic awareness. It is the consistency and continuity in education that positively influence an individual’s financial competence. However, recent years have been influenced by the anti-pandemic measures in connection with the COVID-19 disease. These measures have also had a significant impact on education particularly, in the transition to distance online education. In this paper, the authors focus on the level of financial literacy of university students coming out of long-term distance education. The authors have applied the questionnaire survey method in the research. The research uses the personal finance index as a proxy for measuring financial literacy. The authors compare the results obtained with those from the pre-COVID period using statistical methods. This approach then allows concluding the impact of the move to distance learning on levels of financial literacy.

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Developing a financial literacy scale for Arab context: A case of university students

AlHalaseh

2024

JGR

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The present study develops a tool to measure financial literacy in the era of the post-COVID-19 pandemic while recognizing the challenges and changes posed by the pandemic. Investigating and validating it in the Arab context that lacked such measurement and a dire need for further exploration. It employed new financial concepts that emerged during and post-COVID-19 (e.g., e-wallet, emergency funds), besides adjusting some items from previous instruments (e.g., Yanto et al., 2021; Organisation for Economic Co operation and Development [OECD], 2019). An electronic questionnaire was distributed among Jordanian universities students. 507 valid responses were retained. Of the sample, females, employed students, bachelor’s degrees, and business and social science majors represent 51.7 percent, 36 percent, 78.5 percent, and 36.3 percent, respectively. A quantitative approach was conducted using exploratory factor analysis (EFA) and confirmatory factor analysis (CFA) via AMOS-SEM to validate the robustness of the model. The findings revealed that the EFA demonstrated 11 items with three factors retained for measuring financial literacy (FL) (knowledge, practice, and skills) agree with (Baistaman et al., 2020). Based on the CFA result, the model fits the indexes (CMIN/DF = 2.369, CFI = 0.985, GFI = 0.966, RMSEA = 0.052). Th developed tool is approved in its context, and it would assist policymakers in obtaining information necessary to enhance government strategies, namely, the National Financial Inclusion Strategy.

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Financial literacy of university students – the Czech and Slovak experience

Cited by 4 publications

References 13 publications

Financial Literacy of the Management Students and Durability of Their Knowledge

Financial Literacy of the Management Students and Durability of Their Knowledge

The Impact of the Pandemic on the Level of Financial Literacy of Technical University Newcomers

Developing a financial literacy scale for Arab context: A case of university students

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