The factor influencing personal financial management skills among students in Faculty Of Entrepreneurship And Business AT UMK

The purpose of this research is to examine the variables that affect UMK students' personal financial management skills, specifically those of FEB students. According to statistics on individual bankruptcy, there are more bankrupt individuals in Malaysia each year. In addition, the amount of debt that college students and undergraduates are bearing has dramatically increased, especially for recently graduated individuals. This is due to the fact that they must begin repaying their loan debt (PTPTN). New graduates might not have the necessary financial management skills, which could cause financial issues. In order to ascertain the variables influencing UMK students' personal financial management skills, this research was carried out. financial knowledge, financial attitude, and family influence are the independent variables that affect UMK students' personal financial management skills. To collect data, 351 sets of questionnaires were given to UMK undergraduate students. Results were analysed using reliability test, Pearson, and correlation analysis. The findings indicate that FEB students have a fair amount of knowledge of basic financial products and services. Families have an impact on FEB students' high levels of personal financial management abilities. The primary conclusions of this study are that UMK students' personal financial management skills are significantly correlated with their financial knowledge, financial attitude, and family influence. There are managerial implications, this study's shortcomings, and suggestions for further research presented.