Level of Financial Literacy in Young Entrepreneurs: Study on Entrepreneurship-based University
Date
2019Author
Radianto, Wirawan Endro Dwi
Efrata, Tommy C.
Dewi, Liliana
Metadata
Show full item recordAbstract
This study is aimed to examine the level of financial literacy among young
entrepreneurs. Young entrepreneurs in this study are active college students who
take entrepreneurship education so that they have a real business besides their
role as students. The novelty of this research lies in the research respondents, the
aforementioned young entrepreneurs. The research method used was comparative
descriptive, which includes investigating the level of financial literacy and then analyzing
the difference in the level of financial literacy between male and female entrepreneurs.
A survey method was used in this study. The level of financial literacy uses the
concept by Chen & Volpe (1998), while the difference test uses the Mann–Whitney test.
The results show that the level of young entrepreneurial literacy is in the moderate
category. Of the four aspects studied, the highest aspect of financial literacy is the
Insurance aspect, while the lowest is the investment aspect. The next result is that
there is no difference in the level of financial literacy between young male and female
entrepreneurs.
