%0 Journal Article
%T The Differences in Students¡¯ Financial Literacy based on Financial Education
%A Dorjana Nano
%A Shkelqim Cani
%J Academicus : International Scientific Journal
%D 2013
%I Academicus
%R 10.7336/academicus.2013.08.09
%X This paper examines the differences in Financial Literacy among Albanian university students based on their financial education. The main objectives of this study are: i) firstly, to assess the level of financial knowledge, financial attitude and financial behaviour, and to make relevant comparison based on students financial education; ii) secondly, to evaluate an overall score of financial literacy and to investigate its difference among students who are financially educated and their counterparts; iii) finally, to provide some conclusions and policy implications with regard to financial literacy. A total of 607 students from five public and three private universities in Albania participated in this research. The outcome shows that student¡¯s financial behaviour does not differ based on their financial education. In addition, non-financially educated students appear to demonstrate better financial behaviour. Finally, students who have taken a personal financial course are shown to be more knowledgeable and financially literate than their counterparts. This study paves the way for future research in Albania.
%K financial literacy
%K financial education
%K personal financial course
%U http://www.academicus.edu.al/nr8/Academicus-MMXIII-8-149-160.pdf