Broadening generic skills development: Improving financial literacy of university students
Data(s) |
2015
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Resumo |
Research has demonstrated the importance of financial literacy as one of the key life skills for sound financial decision-making. Despite the vast availability of educational resources, young adults were consistently found to have low levels of financial capability. Of particular concern is that many of these young people do not have adequate money skills to manage their freedom during university time, which may contribute to suboptimal financial behaviours. This study surveyed university students by assessing their financial literacy and perception of the financial education they received in school. Illiteracy across different domains of financial topics was evident. Results also indicate that majority of respondents viewed that high school has not taught them financial knowledge that will prepare them for adult life. Accordingly, it is proposed that graduate skills development in higher education should be broadened to incorporate financial literacy to help university students to navigate the financial maze. |
Formato |
application/pdf |
Identificador | |
Publicador |
submitted to RMIT Accounting Educators’ Conference |
Relação |
http://eprints.qut.edu.au/89171/1/ChrisAnnPalm%20%282%29.pdf https://www.rmit.edu.au/events/all-events/conferences/2015/november/rmit-accounting-educators-conference/ Palm, Chrisann, de Zwaan, Laura, & Chardon, Toni (2015) Broadening generic skills development: Improving financial literacy of university students. In Responding to Challenges: The Future of Accounting Education”, submitted to RMIT Accounting Educators’ Conference, Melbourne. |
Direitos |
author |
Fonte |
QUT Business School; School of Accountancy |
Palavras-Chave | #150103 Financial Accounting #150199 Accounting Auditing and Accountability not elsewhere classified #financial literacy #money skills #graduate skills development |
Tipo |
Conference Paper |