A CASE STUDY OF SERVICE AND BUSINESS CLASS PEOPLE IN SOUTHERN TELANGANA REGARDING FINANCE RELATED WORK
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Description
When it comes to making smart investments, financial literacy is a mix of awareness,
knowledge, skill, attitude, as well as conduct. In other words, financial literacy is the acquaintance
with the most fundamental economic principles essential for making reasonable saving and
investing choices. For this work, we are interested in finding out how well service and business
class persons understand financial concepts. It has been shown that persons in the service and
business classes have an average degree of financial knowledge based on a semi-structured
questionnaire.The financial literacy of SLIIT's business students is examined in this research. The
study's goal was to find out how well business students are prepared financially and whether or
not the educational system is doing its part to assist them do so. Fifty completed questionnaires
were approved for analysis after they were used to gather data. Using the mean marks of correct
responses from the sample, the survey participants were divided into two sub-groups.
Undergraduates typically get a GPA of 3.60. Categorical characteristics such as gender, advanced
level stream, specialist areas, as well as other accounting and finance-related professional and
academic skills, may be used to assess a person's financial literacy level. Business management
students have a poor to medium degree of financial literacy based on the findings of this study. It
is imperative that the institution provide additional courses and seminars on financial concerns to
assist students better manage their own financial problems.
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