ANALYSIS OF FACTORS AFFECTING FINANCIAL LITERACY AND FINANCIAL INCLUSION ON INSTITUT BISNIS DAN TEKNOLOGI PELITA INDONESIA PEKANBARU
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Abstract
Having knowledge and doing financial planning is a process of achieving life goals, namely a prosperous and happy future through financial management. Financial inclusion cannot be separated from the extent to which the public can understand financial products/services so that they are able to use them in providing value for welfare. This study aims to examine whether the factors of gender, age, and GPA affect the level of financial literacy and financial inclusion among students at the Pelita Indonesia Institute of Business and Technology Pekanbaru. The respondents studied were 95 students. The method used in this research is descriptive method and test method. To obtain the required data, data collection in the form of a questionnaire was used. In this study, the type of data used is primary data. Based on the Binary Logistics Test, the results of the study show that the factors of gender, age, and GPA have no effect on the level of financial literacy of a student at the Pelita Indonesia Institute of Business and Technology Pekanbaru, gender and age factors do not affect the level of financial inclusion of a student. Pelita Indonesia Institute of Business and Technology Pekanbaru, while GPA and financial literacy affect the level of financial inclusion of a student at the Pelita Indonesia Institute of Business and Technology Pekanbaru.
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Nugroho, A., & Purwanti, EY (2017). Determinants of financial inclusion in Indonesia.
Nyoto, Renaldo, N., Karuppannan, G., Bhuiyan, A. B., & Kumarasamy, M. M. (2021). The Determinance of the Financial Behavior among Graduate Students in Indonesia. Australian Finance & Banking Review, 5(1), 29–42. https://doi.org/https://doi.org/10.46281/afbr.v5i1.1009
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Rizaldi, MH, & Asandimitra Haryono, N. (2019). Influence of Demographics, Work Experience, And Education Financial Management of Parents on Student Financial Literacy in Higher Education in Surabaya. Journal of Management Science (JIM), 7(2), 291–298.
Shaari, NA, Hasan, NA, Ramesh Kumar Moona Haji, M., & Mior Ahmad Jafri Md, S. (2013). Financial Literacy: a Study Among the University Students. Interdisciplinary Journal of Contemporary Research In Business, 5(2), 279.
Sinclair, S. (2013). Financial inclusion and social financialisation: Britain in a European context. International Journal of Sociology and Social Policy, 33(11–12), 658–676. https://doi.org/10.1108/IJSSP-09-2012-0080
Sohilauw, MI (2018). Moderation of Financial Inclusion on the Relationship between Financial Literacy and Decisions SME Capital Structure. Journal of Economics, Business and Accounting, 6(2): 92–1.
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Sun, handono. (2018).Analysis of the Effect of Gender, GPA, and Work Experience on Levels of Financial Literacy for Stie Pelita Indonesia S1 Students Pekanbaru.
Sharia. (2013). Financial Literacy Level for Undergraduate Students of the Faculty of Economics.
Tandelilin, E. (2010). Portfolio and Investment: Theory and Application. Canisius.
Widayati, I. (2012). Factors Affecting Financial Literacy for Students of the Faculty of Economics Dan Brawijaya University Business. Assets: Journal of Accounting and Education, 1(1), 89. https://doi.org/10.25273/jap.v1i1.527
Agusta, A. (2016). Descriptive Analysis of Financial Literacy Levels in MSMEs in the Koga Market, Bandar Lampung. Journal of Theoretical and Applied Management, 13(2), 1–12.
Amaliyah, R., & Witiastuti, RS (2015). Analysis of Factors Affecting the Level of Financial Literacy in The Umkm of Tegal City. Management Analysis Journal, 4(3), 252–257. https://doi.org/10.15294/maj.v4i3.8876
Ariani, NA, & Susanti. (2015). The Influence of Demographic Factors on Financial Literacy of Faculty Students Economics, State University of Surabaya Class of 2012. Journal of Accounting Education (JPAK), 3(2), 11.
Asandimitra, N., & Kautsar, A. (2020).The Influence of Financial Information, Financial Literacy, Financial Self-Efficacy, and Emotional Intelligence to Financial. Humanities & Social Sciences Reviews. 7(6), 1112. https://doi.org/https://doi.org/10.18510/hssr.2019.76160
Atkinson, A., & Messy, F. (2013). Promoting Financial Inclusion through Financial Education: OECD/INFE Evidence, Policies and Practice. OECD Working Papers on Finance, Insurance and Private Pensions, No. 34, OE.
Cámara, N., & Tuesta, DA (2016). Factors that matter for financial inclusion: Evidence from Peru. AESTIMATIO. International Journal of Financial Research. https://doi.org/10.5605/IEB.10.1
Chandra, T., Renaldo, N., & Putra, L. C. (2018). Stock Market Reaction towards SPECT Events using CAPM Adjusted Return. Opción, Año 34(Especial No.15), 338–374.
Demirgüç Kunt, A., & Klapper, L. (2008). Measuring financial inclusion: Explaining variation in use of financial services across and within countries. Brookings Papers on Economic Activity, SPRING 2013, 279–321. https://doi.org/10.1353/eca.2013.0002
Fianto, F., Prismayani, R., Wijaya, NI, Miftahussururi, Hanifah, N., Nento, MN, Akbari, QS, & Adryansyah, N. (2017). Financial literacy movement. 1–32.
Financial Services Authority. (2017). Indonesian Financial Literacy National Strategy (Revisit 2017). Service Authority Finance, 1–99.
Ghozali, I. (2011). Multivariate Analysis Application With SPSS Program. Diponegoro University Publishing Agency.
Guntara, D. (2016). Insurance And Legal Provisions That Govern It. Journal of Legal Studies, 1(ISSN 2528-2638), 29–46.
Hafni, L., Renaldo, N., Chandra, T., & Thaief, I. (2020). The Use of Regression Models with Supply Chain Management to Increase Financial Satisfaction of Generation Z. International Journal of Supply Chain Management, 9(5), 1641–1650.
Hartaji, RDA (2012). Achievement Motivation for Students Who Study With Majors of People's Choice Old. 5.
Humaidi, A., Khoirudin, M., Adinda, AR, & Kautsar, A. (2020). The Effect of Financial Technology, Demography, and Financial Literacy on Financial Management Behavior of Productive Age in Surabaya, Indonesia. International Journal of Advances in Scientific Research and Engineering, 06(01), 77–81. https:// doi.org/10.31695/ijasre.2020.33604
Hutabarat, F. (2018). The Influence of Financial Literacy and Financial Technology on Financial Inclusion in Jabodetabek people.
Irman, M. (2018). Analysis of Factors Affecting Financial Literacy Among Students University of Muhammadiyah Riau (Umri) Pekanbaru. Journal of Economics, Business and Accounting, 1(2), 180–197.
Irman, M., & Fadrul. (2018). Analysis of the Effect of Gender, GPA, and Work Experience on Levels of Financial Literacy Analysis. Journal of Economics, Business and Accounting, 2(1), 41–56.
Iswantoro, C., & Anastasia, N. (2013). Demographic Relationships, Family Members and Situations in Taking Decision to Purchase Surabaya Residential Housing Funding. Finesta, 1(2), 125–129.
Karvof, A. (2010). Rich with Cepil: Smart Ways to Achieve Financial Wealth and Blessing. PT Elex Media Komputindo. http://kin.perpusnas.go.id/DisplayData.aspx?pId=98951&pRegionCode=TELUNI&pClientId=116
Kewal Anastasia Sri, SSM (2013). Financial Literacy Level Among Stie Musi Students (Financial Literacy Level among Students Stie Musi). Journal of Economics, Vol 9, No. 2 (2013), 130–140. http://journal.uny.ac.id/index.php/economia/article/view/1804
Krishna, A., Rofaida, R., & Sari, M. (2010). Financial Literacy Level Analysis (Student Survey Indonesian education university). Proceedings of The 4th International Conference on Teacher Education; Join Conference UPI & UPSI Bandung, Indonesia, November, 552–560.
Kumar, N. (2013). Financial Inclusion and Its Determinants: Evidence from India. Journal of Finance Economic Policy, 1(5): 4-19.
Margaretha, F., & Pambudhi, RA (2015). Financial Literacy Level for Undergraduate Students. jmk. https://doi.org/10.9744/jmk.17.1.76
Nababan, D., & Sadalia, I. (2012). Analysis of Personal Financial Literacy and Financial Behavior of Strata Students I Faculty of Economics, University of North Sumatra (Personal Financial Literacy Analysis And The Financial Behavior Of Undergraduate Students Of The University Of North Sumatra's Econo. Management Information Media, 1, 1–16.
Nadhiroh, A. (2017). Creative Economy Development Strategy in Agrotourism in Central Rice Village Tourism Grobogan Regency Gubug.
Nugroho, A., & Purwanti, EY (2017). Determinants of financial inclusion in Indonesia.
Nyoto, Renaldo, N., Karuppannan, G., Bhuiyan, A. B., & Kumarasamy, M. M. (2021). The Determinance of the Financial Behavior among Graduate Students in Indonesia. Australian Finance & Banking Review, 5(1), 29–42. https://doi.org/https://doi.org/10.46281/afbr.v5i1.1009
Orton, L. (2007). Financial Literacy: Lessons from International Experience. In Canadian Policy Research Networks (September issue).
Panjaitan, H. P., Renaldo, N., & Suyono. (2022). The Influence of Financial Knowledge on Financial Behavior and Financial Saisfaction on Pelita Indonesia Students. Jurnal Manajemen Indonesia, 22(2), 145–153. https://doi.org/10.25124/jmi.v22i1.4289
Renaldo, N., Sudarno, & Hutahuruk, M. B. (2020). The Improvement of Generation Z Financial Well-being in Pekanbaru. Jurnal Manajemen Dan Kewirausahaan, 22(2), 142–151. https://doi.org/10.9744/jmk.22.2.142-151
Rita, MR, & Pesudo, A. (2013). Are Students Financial Literate? Dynamics of Accounting, Finance And Banking, 3(1), 58–65.
Rizaldi, MH, & Asandimitra Haryono, N. (2019). Influence of Demographics, Work Experience, And Education Financial Management of Parents on Student Financial Literacy in Higher Education in Surabaya. Journal of Management Science (JIM), 7(2), 291–298.
Shaari, NA, Hasan, NA, Ramesh Kumar Moona Haji, M., & Mior Ahmad Jafri Md, S. (2013). Financial Literacy: a Study Among the University Students. Interdisciplinary Journal of Contemporary Research In Business, 5(2), 279.
Sinclair, S. (2013). Financial inclusion and social financialisation: Britain in a European context. International Journal of Sociology and Social Policy, 33(11–12), 658–676. https://doi.org/10.1108/IJSSP-09-2012-0080
Sohilauw, MI (2018). Moderation of Financial Inclusion on the Relationship between Financial Literacy and Decisions SME Capital Structure. Journal of Economics, Business and Accounting, 6(2): 92–1.
Sugiyono. (2010). Quantitative, Qualitative and R&D Research Methods. Alphabet.
Sugiyono. (2013). Educational Research Methods: Quantitative, Qualitative and R&D Approaches. Alphabet.
Sun, handono. (2018).Analysis of the Effect of Gender, GPA, and Work Experience on Levels of Financial Literacy for Stie Pelita Indonesia S1 Students Pekanbaru.
Sharia. (2013). Financial Literacy Level for Undergraduate Students of the Faculty of Economics.
Tandelilin, E. (2010). Portfolio and Investment: Theory and Application. Canisius.
Widayati, I. (2012). Factors Affecting Financial Literacy for Students of the Faculty of Economics Dan Brawijaya University Business. Assets: Journal of Accounting and Education, 1(1), 89. https://doi.org/10.25273/jap.v1i1.527
Published
2022-11-30
How to Cite
SARI, Silvilia Iman; IRMAN, Mimelientesa; WIJAYA, Evelyn.
ANALYSIS OF FACTORS AFFECTING FINANCIAL LITERACY AND FINANCIAL INCLUSION ON INSTITUT BISNIS DAN TEKNOLOGI PELITA INDONESIA PEKANBARU.
International Conference on Business Management and Accounting, [S.l.], v. 1, n. 1, p. 125-142, nov. 2022.
Available at: <https://ejournal.pelitaindonesia.ac.id/ojs32/index.php/ICOBIMA/article/view/2756>. Date accessed: 31 mar. 2023.
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Articles
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