UHL 2332ACADEMIC REPORT WRITING

Financial Literacy Among UMP Students

Ting Yien Fang PA10032Lau Siew King CD 10019Mohd. Wafiey bin Ab. Hamid CD10082

Lecturer: Dr. Zailin Shah Binti Yusoff

BACKGROUND

Financial Literacy: vitally important (Darling, 2011).

Bronfenbrenner’s (1997) ecological system theory explained that changes in financial socialization will affect everyone financial behaviors in society (McKenzie, 2009).

having the knowledge, skills and confidence to make responsible financial decisions (Jim Yih).

the ability of understanding the finance.

ability of understanding the skills and knowledge of managing finance which will then aid in making effective decisions.

PROBLEM STATEMENT

Financial management skills

Financial management education

Gender

PURPOSE OF RESEARCH To investigate the financial literacy among

University Malaysia Pahang (UMP) students.

Factors affecting financial literacy- financial management skills- financial management education- gender

RESEARCH OBJECTIVE

To investigate the financial literacy among University

Malaysia Pahang (UMP) students.

RESEARCH QUESTIONS 1. Do UMP students understand financial

literacy?

2. How do the financial management skills affect the students?

3. Do female students have higher financial literacy level than male students?

SIGNIFICANCE OF STUDY Provide useful information to students,

counselors, and lecturers

to enhance their financial management knowledge

to help the students to increase their understanding on financial management

skills

SCOPE OF STUDY Focus on different faculties of UMP students Conducted on Week 9 and Week 10 (9-22

April 2012) Randomly selected respondents 60 respondents are randomly choose Each gender will have 30 respondents

respectively

METHODOLOGY

QuestionnaireData Analysis

LITERATURE REVIEW Cude. B. J., Lawrence. F. C., Lyons. A. C., Metzger. K., LeJune. E.,

Marks. L., … (2006). College students and financial literacy: What they know and what we need to learn. This article provides more understanding on college students overall financial management practices.

Leila Falahati, Laily Paim, Maimunah Ismail, Sharifah Azizah Haron and Jariah Masud. (2011). Assessment of university students’ financial management skills and education needs, 5(15). This article study on the financial management skills among Malaysian university students.

Leila Falahati & Laily Hj. Paim. Perceived causes of financial problem among Malaysian male students. This article shows how financial socialization, financial knowledge, financial attitude, and financial behaviors will affect the financial problems among male students.

Division of Workload

No ActivitiesPerson in

charge

Week

1 2 3 4 5 6 7 8 9 10 11 12 13 14

1 (Identifying Topic of

Research)Siew King

                                                      

2E-library search for

academic journal articlesWafiey

                                                      

3 (Discuss articles and write

sumarry of the articles)Yien Fang

                         

                           

4Preparation of Research

ProposalSiew King

                                                      

5Discussion of Research Design and Instruments

Wafiey                           

                           

6 Collection of Data Yien Fang                                                    

7 Questionnaire Siew King                                                      

8 Data Analysis Wafiey                                                      

9 Drafting Report Yien Fang                                                      

10 Consultation of Report Siew King                                                      

11 Revising Report Wafiey                                                      

12Preparation for Oral

PresentationYien Fang

                                                      

13 Submitting Report Siew King