The study of the level of financial literacy of students of transport universities

Abstract

The purpose of this study is to characterize the state of financial literacy of students of transport universities on the basis of analysis of the results of empirical data of social research. In the framework of applied research, a significant amount of experience in assessing financial literacy has been gained, but in the academic science, the research of this kind is not enough to form a generally accepted concept and a detailed theory. Because of the resulting contradiction, the authors had to search for new approaches to conducting the study of financial literacy and interpreting the results. The system, in particular - the structural and functional approach and the sociocultural approach were chosen as the main ones. These approaches are widely used for study of similar phenomena and already proved themselves in science. As a result of the comparative analysis of the all-Russian level of knowledge and skills in the field of financial literacy and the level of students in the economic and non-economic fields of study in transport universities, the hypothesis was proved that students of non-economic fields of study have a lower level of financial literacy compared to students in economic fields of study and all-Russian level. Therefore, it is required to develop programs of various content and complexity to increase the level of financial literacy for these groups.