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Proceedings of the 7th International Research Conference on Economics and Business, IRCEB 2023, 26 September 2023, Malang, East Java, Indonesia

Research Article

Advancing MOOCs as a Mass Financial Literacy Medium to Achieve a Society of Financial Well-Being

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  • @INPROCEEDINGS{10.4108/eai.26-9-2023.2350717,
        author={Subagyo  Subagyo and Yuli  Agustina and Andi  Basuki and Ari  Gunawan and Afis Baghiz Syafruddin},
        title={Advancing MOOCs as a Mass Financial Literacy Medium to Achieve a Society of Financial Well-Being},
        proceedings={Proceedings of the 7th International Research Conference on Economics and Business, IRCEB 2023, 26 September 2023, Malang, East Java, Indonesia},
        publisher={EAI},
        proceedings_a={IRCEB},
        year={2024},
        month={11},
        keywords={mooc financial literacy well-being society},
        doi={10.4108/eai.26-9-2023.2350717}
    }
    
  • Subagyo Subagyo
    Yuli Agustina
    Andi Basuki
    Ari Gunawan
    Afis Baghiz Syafruddin
    Year: 2024
    Advancing MOOCs as a Mass Financial Literacy Medium to Achieve a Society of Financial Well-Being
    IRCEB
    EAI
    DOI: 10.4108/eai.26-9-2023.2350717
Subagyo Subagyo1,*, Yuli Agustina1, Andi Basuki1, Ari Gunawan1, Afis Baghiz Syafruddin1
  • 1: Universitas Negeri Malang
*Contact email: subagyo.fe@um.ac.id

Abstract

Research shows that financial knowledge and literacy influence changes in the financial behavior of a society. Financial literacy is important not only due to the low income of a society but also mistakes in financial management. Therefore, adequate financial literacy is needed. The author proposes "Development of MOOCs as Massive Financial Literacy Media to Create a Society of Financial Well-Being " in the form of a web-based platform with a focus on increasing financial literacy. This study aims to increase financial literacy in the productive age, use objectively measurable financial understanding instruments, and support the Indonesian National Financial Literacy Strategy (SNLKI) policy. The 4D model development method is used to produce user-focused solutions with state-of-the-art technology and customized for business success. This innovation scored 35 and 14 in the validation test by learning media and learning materials experts, respectively.

Keywords
mooc financial literacy well-being society
Published
2024-11-22
Publisher
EAI
http://dx.doi.org/10.4108/eai.26-9-2023.2350717
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