Financial Literacy among College Students of Aurangabad District, Bihar

People's financial decisions and results are greatly influenced by their level of financial literacy. This study explores the financial literacy levels of college students in Aurangabad district, Bihar, and analyses the impact of demographic factors on financial literacy. A survey involving 415 students was carried out to examine how education, subject discipline, and parental education influence financial literacy. The research posits that there is correlation between financial literacy and demographic factors, educational background, discipline of subject of education and parental education. The analysis of the data involved the use of Univariate Analysis, Correlation, One Way ANOVA tests and descriptive statistics.

Authors

Publication Details

Journal
ShodhPatra: International Journal of Science and Humanities.
Published
2024-10-01
DOI
https://doi.org/10.70558/spijsh.2024.v01.i10.24109
Primary Topic
Microfinance and Financial Inclusion
Type
article
Field-Weighted Citation Impact
0.00
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article

Financial Literacy among College Students of Aurangabad District, Bihar

Shankar Kumar, Mahesh Kumar
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ShodhPatra: International Journal of Science and Humanities.
Microfinance and Financial Inclusion
article

Financial Literacy among College Students of Aurangabad District, Bihar

Shankar Kumar, Mahesh Kumar
article en

Abstract

People's financial decisions and results are greatly influenced by their level of financial literacy. This study explores the financial literacy levels of college students in Aurangabad district, Bihar, and analyses the impact of demographic factors on financial literacy. A survey involving 415 students was carried out to examine how education, subject discipline, and parental education influence financial literacy. The research posits that there is correlation between financial literacy and demographic factors, educational background, discipline of subject of education and parental education. The analysis of the data involved the use of Univariate Analysis, Correlation, One Way ANOVA tests and descriptive statistics.

ShodhPatra: International Journal of Science and Humanities.Vol. 1(10)
Quality Education
Openalex Percentile: Top 77%
Microfinance and Financial Inclusion
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