Financial Knowledge and Personal Financial Literacy in Investment Priorities Among University Students.

8 Pages Posted: 18 Mar 2020 Last revised: 23 Mar 2020

See all articles by Abdul Aqil Abdul Rashid

Abdul Aqil Abdul Rashid

Management And Science University (MSU)

Mohd Sedek Jantan

UOB Kay Hian Wealth Advisors; Faculty of Economic and Administration

Adha Faiq Azam Fairuz

Management and Science University (MSU)

Nurul Anis Abdul Halim

Management and Science University

Date Written: February 17, 2020

Abstract

Financial literacy covers basic knowledge on financial tools such as saving, budgeting, investing and risk management. This research aimed to examine the role of financial knowledge and financial literacy in investment priorities among university student. Total 23 questions were formed that covered three areas which were financial literacy, financial education and investment priorities. Total 238 respondent participated in this survey. It was found that financial literacy had significant positive effect (R Square = 0.677) on Investment Priorities. However, financial education had less significance to achieve minimal positive effect on Financial Literacy similarly with Financial Education and Investment Priorities.

Keywords: Financial Literacy, Financial Education, Investment Priorities

JEL Classification: G41, G53

Suggested Citation

Abdul Rashid, Abdul Aqil and Jantan, Mohd Sedek and Azam Fairuz, Adha Faiq and Abdul Halim, Nurul Anis, Financial Knowledge and Personal Financial Literacy in Investment Priorities Among University Students. (February 17, 2020). Available at SSRN: https://ssrn.com/abstract=3541998 or http://dx.doi.org/10.2139/ssrn.3541998

Abdul Aqil Abdul Rashid

Management And Science University (MSU) ( email )

17-G, Block A
Jalan Equestrian 13/52
Seksyen 13, 40100
Malaysia
0146639681 (Phone)

Mohd Sedek Jantan (Contact Author)

UOB Kay Hian Wealth Advisors ( email )

b-8-3a, block b west,
menara pj 8, jalan barat,
petaling jaya, 46050
Malaysia

Faculty of Economic and Administration ( email )

0166669751 (Phone)

Adha Faiq Azam Fairuz

Management and Science University (MSU) ( email )

17-G, Block A
Jalan Equestrian 13/52
Seksyen 13, Selangor 40100 Shah
Malaysia
01111077305 (Phone)

Nurul Anis Abdul Halim

Management and Science University ( email )

17-G, Block A
Jalan Equestrian 13/52
Seksyen 13, Selangor 40100 Shah
Malaysia
0172019297 (Phone)

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