Determinants of Investment Decisions in Stundents

Abstract

This study aims to provide an overview of financial literacy, financial behaviour, and investment decisions, as well as the influence of financial literacy and financial behaviour on investment decisions among students. The study method used is descriptive and quantifiable, using a quantitative approach. The independent variable of financial literacy is measured using the indicators of general knowledge, savings and borrowing, insurance and investment. The financial behaviour variable is measured using the indicators of consumption, cash flow, saving and investment, and credit management. The dependent variable of investment decisions is measured using the indicators of return, risk and the time factor. This study uses a data collection technique in the form of a questionnaire distributed to students registered as investors at the UPI Sharia Investment Gallery. The results showed that financial literacy is in the high category, financial behaviour is in the medium category and investment decisions are in the medium category. Financial literacy has a positive effect on investment decisions, and financial behaviour has a positive effect on investment decisions among UPI Sharia Investment Gallery students. This study provides empirical information for various parties, such as educational institutions, investment gallery managers, and capital market regulators, to improve financial literacy and inclusion among the younger generation.