Title: Financial behaviour of tertiary students and influencing factors

Authors: Botond Géza Kálmán; Brigitta Szőke

Addresses: Department of Economics and Management, Kodolányi János University of Applied Sciences (KJU), Budapest, Hungary ' Department of Investment, Finance and Accounting, Institute of Rural Development and Sustainable Economy, Hungarian University of Agriculture and Life Sciences (MATE), Budapest, Gödöllő, Hungary

Abstract: The purpose of the research is to examine the factors determining the financial behaviour of university students. The actuality of the investigation is given by the ongoing coronavirus pandemic and the resulting crisis. Our goal was to collect new knowledge for the development of more modern financial higher education. We analysed the results of our own offline questionnaire survey conducted in 2019 and 2020. The responses were statistically processed with factor analysis and linear ANCOVA model. We have shown that the financial behaviour of economic and law students is more active than others. Financial knowledge is important for financial activity, but a high degree of awareness has the same effect. Among university students, the pandemics did not cause any significant changes in financial behaviour. The benefit of our results is their possible applicability in economic and financial education.

Keywords: financial behaviour; tertiary students; influencing factors; questionnaire survey; factor analysis; linear ANCOVA; management in education; pandemic crisis; financial education; economic students.

DOI: 10.1504/IJMIE.2024.140908

International Journal of Management in Education, 2024 Vol.18 No.5, pp.409 - 425

Received: 22 Jan 2023
Accepted: 02 Nov 2023
Published online: 03 Sep 2024 *

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