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A Research on Undergraduate Students’ Financial Literacy of Economics and Administrative Sciences and Applied Sciences Departments: Istanbul Arel University Example

Author

Listed:
  • Cüneyt Dirican

    (İstanbul Arel University)

  • Ayşegül Ertuğrul Ayrancı

    (İstanbul Arel University)

Abstract

Qualified human resources in associate degree, undergraduate and graduate departments in social sciences and financial literacy are the subject of many similar researches and studies and these titles have a critical share in economic development. The study contains the student’s financial literacy’s level in different departments of “(t.r.) istanbul arel university” in economics and administrative and applied sciences and the data obtained by means of survey method and exploratory factor analysis is used for measuring it. As observed in the literature, the students’ financial information knowledge of the related departments and the factors’ interactions such as financial planning and personal banking were seen as low, suggestions like teaching financial literacy as a separate course in universities are highlighted as a conclusion example.

Suggested Citation

  • Cüneyt Dirican & Ayşegül Ertuğrul Ayrancı, 2019. "A Research on Undergraduate Students’ Financial Literacy of Economics and Administrative Sciences and Applied Sciences Departments: Istanbul Arel University Example," Journal of Finance Letters (Maliye ve Finans Yazıları), Maliye ve Finans Yazıları Yayıncılık Ltd. Şti., vol. 34(111), pages 79-116, April.
    • Handle: RePEc:acc:malfin:v:34:y:2019:i:111:p:79-116
    DOI: https://doi.org/10.33203/mfy.461469
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    More about this item

    Keywords

    Financial Literacy; Finance; Access to Finance; Financial Management; Money;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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