The Level Of Financial Literacy Among University Students In Syria- Evidence From University Of Kalamoon (UOK)

Authors

  • Secretary Editor Faculty Of Business And Administration, University Of Kalamoon, Rief Damascus, Syria

Abstract

This study aims to examines the financial literacy among university students in Syria using survey of 267 students from University of Kalamoon (UOK) and understand the influence of various factors influencing the financial literacy  such as demographic, educational and personal financial characteristics. Mean, ANOVA and logistic regression were used in carrying out analysis using The Statistical Analysis Program (SPSS 25).

Results show that most of the students have basic level of financial knowledge but they lack in understanding the advanced financial subjects.

Students financial literacy is highly influenced by personal financial characteristics (89%) especially by the financial influence of   their parents at home. The study further identified that financial literacy was (75%) affected by educational characteristics such as educational level, academic major, and   (54%) by demographic characteristics such as age, gender, income.

Students  have to live a longer life ahead, thus, the decisions taken by them are going to affect them for a longer period of time, making it imperative for them to develop an understanding of the world of finance so as to avoid wrong choice of financial products. Thus, financial literacy is of significant relevance.

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Published

2020-08-04

How to Cite

1.
عيسى ر. The Level Of Financial Literacy Among University Students In Syria- Evidence From University Of Kalamoon (UOK). Tuj-econ [Internet]. 2020Aug.4 [cited 2024Nov.25];42(3). Available from: https://journal.tishreen.edu.sy/index.php/econlaw/article/view/9739

Issue

Vol. 42 No. 3 (2020): Tishreen University Journal for Research and Scientific Studies -Economic and Legal Sciences Series

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Articles

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