Research Article
Analysis of Financial Literacy Amongst Indonesian First-Semester Students: A Study in Universitas Indonesia, Institut Pertanian Bogor and Institut Teknologi Bandung
@INPROCEEDINGS{10.4108/eai.30-10-2019.2299410, author={Pinesti Zanariasti and Novita Ikasari}, title={Analysis of Financial Literacy Amongst Indonesian First-Semester Students: A Study in Universitas Indonesia, Institut Pertanian Bogor and Institut Teknologi Bandung}, proceedings={Proceedings of the 3rd International Conference on Administrative Science, Policy, and Governance Studies, ICAS-PGS 2019, October 30-31, Universitas Indonesia, Depok. Indonesia}, publisher={EAI}, proceedings_a={ICAS-PGS}, year={2020}, month={8}, keywords={financial literacy financial attitude financial behaviour financial knowledge}, doi={10.4108/eai.30-10-2019.2299410} }- Pinesti Zanariasti
Novita Ikasari
Year: 2020
Analysis of Financial Literacy Amongst Indonesian First-Semester Students: A Study in Universitas Indonesia, Institut Pertanian Bogor and Institut Teknologi Bandung
ICAS-PGS
EAI
DOI: 10.4108/eai.30-10-2019.2299410
Abstract
In the advent of digital economy era, financial literacy is considered the crux to achieve financial inclusion. The existing body of knowledge pivots around personal finance and investment opportunities with a handful highlighting the influence of socio-economic variables on financial literacy in young adults. This study aims at determining the financial literacy level of first-year students at selected Indonesian public universities with consideration to different disciplines of the respondents which might shape their financial literacy. Financial literacy is measured by financial attitude, behaviour, and knowledge. This study uses quantitative approach whereby survey data from 389 respondents are analysed and presented in descriptive statistics. The result shows that students with low financial literacy outnumber those with high literacy level in all three universities. A pattern exists with regard to the different study discipline and in general, female students are relatively equally distributed between high and low financial literacy group.
