AN ANALYSIS OF THE FINANCIAL LITERACY LEVEL OF MSEUF COLLEGE STUDENTS: A BASIS FOR THE INTRODUCTION OF FINANCIAL EDUCATION COURSE IN ALL UNDERGRADUATE PROGRAMS

his research entitled “An Analysis of the Financial Literacy Level of MSEUF College Students: A Basis for the Introduction of Financial Education Course in all Undergraduate Programs” is backed by the rationale that financial education is tantamount to the development of financial literacy of individuals. In the collegiate years and as preparation to become young professionals and future enterprise owners, this study proposes that all undergraduate programs regardless of discipline should have basic financial education course. With this program, college students shall be thought of the basic handling of personal finance such as saving, investing, borrowing, and entrepreneurship. The methods used are in consonance with the triangulation approach: the use of both qualitative and quantitative data to validate the findings. Quantitatively, the researchers surveyed the financial literacy levels of the respondents revealing their demographics, financial profile, and level of financial literacy in terms of financial knowledge, financial attitude, and financial behaviour. Findings of which are validated through the use of focus group discussion as a qualitative method. It is identified that financial knowledge has the most influence of one’s financial literacy. Thus, improving of such is elementary in improving one’s financial literacy. Consequent to this, having a basic financial education course to all is highly suggested.