Financial Literacy of Economics and non-Economics Student

Abstract

The aim of this research is to identify the level of financial literacy of students in economic faculties and non-economic faculties in Indonesia. This research was conducted to determine the understanding of students in the economic and non-economic faculties on the level of personal financial literacy. The survey was conducted to test the level of student financial literacy in various University in Indonesia. In total there were 206 participants from students in Indonesia who took the survey. An independent sample T-Test was conducted to determine differences in the level of understanding of students in the two groups. The results of this research indicate that there are no differences in the level of financial literacy in economic and non-economic students. This result shows that economics student does not guarantee they have higher personal financial knowledge.