The Mediating Role of Personal Finance Course in Shaping Financial Self-efficacy and Attitude
Year: 2025
Type: article
Study design: Observational Study
Abstract: The primary objective of this research is to investigate the mediating influence of personal finance course on the link between financial self-efficacy and financial attitude among the business administration students attending North Eastern Mindanao State University. This study employed a descriptive-correlational and regression methodology involving students in their second to fourth years who had previously demonstrated proficiency in a personal finance course taken at the first-year level. The survey questionnaires used in this study were adapted from research that had been done in the past, and 351 students took part in the study. The results reveal that the level of one’s financial self-efficacy, personal finance course and financial attitude achieved an exceptionally high level. The Sobel’s z-value demonstrate that the personal finance course was shown to partially mediate the association between financial self-efficacy and financial. Moreover, the MedGraph illustrated that the analysis of mediation was significant. This model is extremely helpful for the academic officials of the university to provide students with a more comprehensive financial education framework, not only for the enhancement of the business administration program, but also for the enhancement of all of the academic programs offered by the university.
Author: Romel C. Nemiño
Institution: North Eastern Mindanao State University-Tagbina
Language: English
Subfield: Accounting
Domain: Social Sciences
SDG: Quality education
Open Access status: bronze
OpenAlex ID: W4411099014