The Effect of Undergraduate Programs on Financial Literacy Level: The Case Of Kosovo

Abstract

This study aimed to determine the financial literacy levels of students studying in different programs at the university. For this purpose, the content of undergraduate education programs and the effect on the individual's financial literacy were investigated. The study assumes that financial literacy, which is necessary for life, will be gained by students, their families' awareness of the subject, and educational programs. The research was conducted with 335 students studying in four programs at the University of Prizren “Ukshin Hoti". The descriptive study conducted with a random sample group collected the data with the Financial Literacy scale. The scale applied consisted of four parts in total, such as the demographic characteristics of the students in the first part, and Financial Product Knowing (13 questions), which measures financial literacy knowledge in the other sub-dimensions, Relation with Money (7 questions) and Information Source about Financial Products (15 questions). In addition, cluster analysis, comparative analysis, Chi-Square, and T-test analyses of the collected data were performed with the SPSS 28 program. As a result of the study, it was determined that the student's financial literacy and general success levels were at MEDIUM LEVEL. Although the students participating in the survey studied in different departments, there was no significant difference.