New challenges in changing times: the digital educational support for financial literacy education

Akimova, Elena N.; Korshunova, Natalya; Fedorov, Alexander; Shatayeva, O. V.; Shipkova, O. T.

doi:10.1051/shsconf/20219805020

Cited by 3 publications

(2 citation statements)

References 5 publications

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“…The Priority National Project "Education" (2019 -2024) plays a special role in the process of digital transformation of education in the Russian Federation. The new strategies of education in the Russian Federation for the 21 st century are tightly connected with the perspectives of: (a) virtual and digital schools and universities; (b) virtual and digital educational environment; (c) new ways of educational and pedagogical interaction that determine quite new technologies, methods and tools of teaching and learning on the bases of the individualized educational process with individual teaching and learning trajectories (Akimova et al, 2021).…”

Section: Implementing Interventionsmentioning

confidence: 99%

Digitalization in Financial Education in The Universities

2022

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The process of digitalization in the education sphere is the new paradigm and model of high technologies development. The importance of the digital delivery of financial education is growing in parallel with the digitalisation of our societies and economies. Digitalization of education assumes to include two inseparable components – a) classroom learning concepts and b) online learning methods. It is now more important than ever to make sure that the innovative use of digital technologies in the field of financial education effectively contributes to increasing financial resilience and well-being, and that governments design and implement effective digital financial education initiatives. The purpose of this article is to present the impact of digitalization on higher financial education, the challenges facing students and teachers in these process and to analyse the level of digital financial culture. Emphasis is placed on the practical application of the digitalization process in the teaching of financial disciplines in universities.

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Section: Implementing Interventionsmentioning

confidence: 99%

Digitalization in Financial Education in The Universities

2022

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“…It influences greatly on the level and quality of life of people. Education plays an important role in the creation, support and development of innovations, tightly connected with new technological opportunities as well as with the cultural, social, economic and technological progress of the society and the state [1]. "The creation of a common educational and cultural space should directly affect the reduction of costs and increase the competitiveness of CIS producers, since the CIS members remain mutual consumers of each other's products and services, and this trend is likely to increase in the future" [2].…”

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confidence: 99%

Education as a Resource for Development of the Commonwealth of Independent States

et al. 2021

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The article represents the analysis of modern integration processes in the field of education in the Commonwealth of Independent States (CIS). As it is stated in the article, globalization, global transformation, and integration of countries actualize the problems of developing common approaches and strategies to improve the quality of education and to meet the new challenges of the developing post-industrial society based on knowledge, information, and innovations. The role of human capital is increasing under quite new conditions of cultural, social, economic, and technological development of the members of the CIS. One of the central ideas of the article is the problem of improving national systems of compulsory and professional education as the main resources to harmonize them due to the interests of the CIS and to increase the quality of the training of personnel, the development of their academic and socio-professional mobility of the population in these countries. The aim is to ensure the competitiveness of the national education systems of the CIS in the global education market. Cooperation in the field of pedagogical and educational sciences and teacher training has significantly intensified. The Russian language plays a special role in the integration processes in the CIS. The present-day tendencies and strategies of the development of the common CIS education space are characterized in the article.

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The Role of Social Media in Empowering Digital Financial Literacy

Baranidharan,

Sankarkumar,

Chandrakala

et al. 2023

Advances in Social Networking and Online Communities

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This systematic review examined the role of social media in enhancing financial literacy among individuals by collecting and reviewing 60 articles published from 2021 to 2023. The findings revealed that social media has a positive impact on financial literacy through the dissemination of financial education, promotion of financial awareness, and sharing of financial experiences. The review also identified digital financial literacy, entrepreneurial learning, and financial knowledge as significant determinants of financial literacy, while demographic characteristics, social media usage behavior, risk attitude, and overconfidence played a role in determining financial literacy. The study recommends that financial institutions, policymakers, and educators leverage social media for promoting financial literacy, and social media usage skills to improve financial literacy among individuals. Overall, the study suggests that the use of social media can democratize financial literacy and enable individuals from diverse backgrounds to access financial education and information.

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New challenges in changing times: the digital educational support for financial literacy education

Cited by 3 publications

References 5 publications

Digitalization in Financial Education in The Universities

Digitalization in Financial Education in The Universities

Education as a Resource for Development of the Commonwealth of Independent States

The Role of Social Media in Empowering Digital Financial Literacy

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