Journal of Finance and Bank Management

Investigating the Influence of Educational and Familial Factors on Financial Literacy Among College Students Engaged in Finance-Related Curricula
Idil Ozlem Koc, PhD

RESUME
This article examines the factors affecting the financial literacy of college students, focusing on education and family variables, and reviews the existing literature. Additionally, the financial literacy of students from the finance and economics departments of Marmara University (Istanbul), selected as the sample mass, was assessed based on predetermined criteria. For the education variable, various finance, accounting, and economics courses taken at different college levels, internships done in high school or college, and short-term work experience related to their major were considered. It was found that education, rather than family, has a more significant effect on enhancing the financial literacy of college students. Furthermore, it was observed that 62.8% of the students in the sample provided correct answers to the financial literacy and financial knowledge questions.

Full Text: PDF     DOI: 10.15640/jfbm.v11n1a2