Proceedings of the 5th International Conference on Applied Economics and Social Science, ICAESS 2023, 7 November 2023, Batam, Riau islands, Indonesia

Research Article

Investigating Factors Influencing Financial Literacy: A Study of Students in Batam

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  • @INPROCEEDINGS{10.4108/eai.7-11-2023.2341861,
        author={Jimi  Saputra and Sugeng  Riadi},
        title={ Investigating Factors Influencing Financial Literacy: A Study of Students in Batam },
        proceedings={Proceedings of the 5th International Conference on Applied Economics and Social Science, ICAESS 2023, 7 November 2023, Batam, Riau islands, Indonesia},
        publisher={EAI},
        proceedings_a={ICAESS},
        year={2023},
        month={12},
        keywords={gender gpa allowance age financial literacy},
        doi={10.4108/eai.7-11-2023.2341861}
    }
    
  • Jimi Saputra
    Sugeng Riadi
    Year: 2023
    Investigating Factors Influencing Financial Literacy: A Study of Students in Batam
    ICAESS
    EAI
    DOI: 10.4108/eai.7-11-2023.2341861
Jimi Saputra1, Sugeng Riadi1,*
  • 1: Politeknik Negeri Batam
*Contact email: sugeng@polibatam.ac.id

Abstract

This study aims to ascertain the factors influencing financial literacy among business management and engineering students at Batam State Polytechnic. A quantitative approach was employed, utilizing primary data derived from questionnaires distributed to students in these fields. The study employed purposive sampling with N=251 participants. The collected data underwent descriptive analysis and was subjected to statistical tests including the Chi-Square (x²) test and the Mann Whitney test for two independent samples. The findings revealed that gender, grade point average, allowance, and age exhibited no significant influence on financial literacy. Additionally, variations in financial literacy were observed between business management and engineering students at Batam State Polytechnic.