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The Link between Financial Literacy and Education of Canadian University Students

Select Volume / Issue:

• Vol. 2 Issue 3, May 2015

Year:

2015

Type of Publication:

Article

Keywords:

Financial Literacy, Education, High School, University Student, Financial Knowledge, Course In Financial Literacy

Authors:

• Morris, Tania
• Koffi, Vivi

Journal:

IJIRES

Volume:

2

Number:

3

Pages:

160-170

Month:

May

BibTex:

@article{274, author = "Tania Morris and Vivi Koffi", abstract = "This study aims to understand the relationship between the financial literacy level of Canadian university students and their prior education on the subject. The results revealed that education on financial topics improved FL level. However, the improvement is almost insignificant for courses taken at the secondary level, and not nearly as important at the university level as we thought it would be. Also, the improvement varied by the different fields of study at the university level and for the different dimensions of FL. Finally, the results showed that FL is influenced by socio-demographic variables as well.", journal = "IJIRES", keywords = "Financial Literacy, Education, High School, University Student, Financial Knowledge, Course In Financial Literacy", month = "May", note = "This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. CC BY-NC-SA 4.0 Creative Commons License: https://creativecommons.org/licenses/by-nc-sa/4.0/", number = "3", pages = "160-170", title = "{T}he {L}ink between {F}inancial {L}iteracy and {E}ducation of {C}anadian {U}niversity {S}tudents", volume = "2", year = "2015", }

Note:

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. CC BY-NC-SA 4.0 Creative Commons License: https://creativecommons.org/licenses/by-nc-sa/4.0/

Abstract:

This study aims to understand the relationship between the financial literacy level of Canadian university students and their prior education on the subject. The results revealed that education on financial topics improved FL level. However, the improvement is almost insignificant for courses taken at the secondary level, and not nearly as important at the university level as we thought it would be. Also, the improvement varied by the different fields of study at the university level and for the different dimensions of FL. Finally, the results showed that FL is influenced by socio-demographic variables as well.

Full text: IJIRES_274_Final.pdf Online version [Bibtex]