THE DETERMINANTS OF FINANCIAL LITERACY AND FINANCIAL INCLUSION TOWARDS DISPARITY AMONG BUSINESS STUDENTS

• Main Author: Febriani Agung, Devina
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/72320
• Institution: Institut Teknologi Bandung

People with higher level of financial literacy and financial inclusion tend to be more proper in making their financial decision, manage money well, and contribute to their prosperity. Unfortunately, people in many levels were lack of financial literacy. Financial literacy cannot be separated with financial inclusion that focuses on the use of financial products. Demographic factors such as age, gender, ethnicity and also financial education are generally assumed as the factors that affect financial literacy and financial inclusion. This research focuses on financial literacy and financial inclusion of business students using the sample of undergraduate students at School of Business Management Institut Teknologi Bandung. The purpose of this research is to examine the level of financial literacy and financial inclusion and find out the determinants of the level of financial literacy and financial inclusion. The data for this research was collected through questionnaire based on the Global Findex Questionnaire, which is developed by the World Bank for financial inclusion, and source from DEFINIT-SEADI_OJK (2013) for financial literacy distributed to 300 students and analyzes using multi linear regression. The finding of this research indicates that the index of financial literacy and financial inclusion of students are generally in low and medium level, and the demographic factors has significant relationship to the financial literacy and financial inclusion.