Herliani, Rini and Zainal, Andri and Thohiri, Reza (2018) Factors Affecting Financial Literacy among Undergraduate Students of Accounting Education in the Faculty of Economics of Universitas Negeri Medan. In: In Proceedings of the 1st Unimed International Conference on Economics Education and Social Science (UNICEES 2018), October 31-31, 2018, Medan, Indonesia.
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Abstract
The aim of the research is to explore financial literacy related-aspects among students in the
Accounting Education department of Faculty of Economics at Universitas Negeri Medan
(UNIMED). The bottom line of this study is that a good financial management requires a good
financial knowledge in place. This research aims to help students in developing a complete
understanding and knowledge of financial literacy toward implementing the knowledge into their
daily personal finance management. The data was analyzed using the logistic regression test
indicating that there is a significant effect of financial education, financial, income, experience and
family-heritage and demographics on the knowledge investment. Cox and Snell R-Square is 0.706
(70,6%) and Nagelkerke R-Square is 0.a indicating that financial education, financial, income,
experience and family-heritage and demographics are good predictors for knowledge investment
among students in the Accounting Education department of Faculty of Economics at UNIMED.