EXCEL International Journal of Multidisciplinary Management Studies
  • Year: 2021
  • Volume: 11
  • Issue: 4

Effect of financial education mediation on improving the financial literacy of students

  • Author:
  • A Agarwal1, Harsh Purohit2
  • Total Page Count: 10
  • Page Number: 1 to 10

1Research Scholar, Faculty of management studieswisdom, Banasthali Vidyapith, Rajasthan

2Prof. Harsh Purohit, Dean, Faculty of Management Studies, CFPTRW Banasthali Vidyapith

Faculty of management studieswisdom, Banasthali vidyapith (Category ’A’ MHRD, Gol, and All India ‘Rank 17’: Nielsen-India Today 2015)

Online published on 30 May, 2021.

Abstract

This studyexamined the effect of financial education intercession on upgrading the financial literacy of students at Banasthali Vidyapith. To understand the association between concentration of the students and their financial literacy score, Chi Square test was performed between concentration (which is segmented as Graduate and Postgraduate) and the financial literacy score of the respondents which is recorded at five different time intervals (Pre FL, Post FL1, Post FL2, Post FL3 and Post FL4) is categorized as low, moderate and high. The findings indicated that the financial literacy program is helpful in enhancing the student comprehension of finance in a limited period of time

Keywords

Banasthali Vidyapith, Financial behavior, Financial education, Financial literacy.