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The Role of Financial Literacy and Financial Behavior on Student Investment Decisions

Author

Listed:
  • Rahmah Putri Wijayanti
  • Elmy Nur Azizah
  • Herwin Kurniawan

Abstract

This study aims to see how financial literacy and financial behaviour can affect investment decision making for university students. Methods: This study is a quantitative study. Sample determination using purposive sampling method with a total of approximately 200 people. Data collection is using a questionnaire with a Likert scale (1-5). The results of obtaining data from the questionnaire will be analysed using descriptive data analysis techniques and processed using SEM PLS software. Results: the results of the above research state that financial literacy and financial behaviour have a significant effect on investment decisions in college students. The Investment Decision Variable can be explained by Financial Literacy and Financial Behaviour by 51%.

Suggested Citation

  • Rahmah Putri Wijayanti & Elmy Nur Azizah & Herwin Kurniawan, 2024. "The Role of Financial Literacy and Financial Behavior on Student Investment Decisions," Agregat: Jurnal Ekonomi dan Bisnis, Universitas Muhammadiyah Prof. DR HAMKA., vol. 8(1), pages 1-8.
  • Handle: RePEc:apn:agregt:v:8:y:2024:i:1:p:1-8:id:14023
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    File URL: https://journal.uhamka.ac.id/index.php/agregat/article/view/14023
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