DETERMINANTS OF ENTREPRENEURIAL INTEREST WITH FINANCIAL PLANNING SKILLS AS A MEDIATION VARIABLE

One cause of unemployment among college graduates is their low interest in becoming entrepreneurs. College graduates tend to look for jobs or not create jobs. This phenomenon has prompted various studies to identify the factors that contribute to low interest in entrepreneurship among university students. The purpose of this study is to determine the influence of individual student factors, social support, and the external environment on entrepreneurial interest, with financial planning ability as a mediating variable. This study uses primary data obtained from the distribution of questionnaires to students of the Faculty of Economics. A total of 381 samples were obtained from the purposive population. Partial Least Squares Analysis (PLS-SEM) was used to test the research hypothesis, based on a model framework built in SmartPLS3. The results of the study simultaneously indicating that all of these factors work together and interact with each other in influencing the extent to which an entrepreneur can make effective financial planning and also show that the variable of financial planning ability can mediate the causal relationship between the variables of capital adequacy, urgency of entrepreneurial knowledge, the role of technology and market opportunities on the variable of entrepreneurial interest. The results of this research can serve as scientific considerations in developing academic programs to foster student entrepreneurship, especially at universities.