Level of Accounting-Financial Education in Social Sciences Students (UNIMET) and Its Impact on Personal Finance Management in 2023

Abstract

This article constitutes an exploratory study aiming to analyze the perception of social sciences students at the Universidad Metropolitana regarding the level of accounting-financial education that they receive during their academic training. It explores how this education influences decision-making related to the management of their personal finances. The argument presented suggests that the decision-making process associated with managing personal finances is inherently tied to the realms of financial planning, savings, and investment. Consequently, this study facilitates the identification of university students' levels of knowledge, proficiency, and attitude towards financial and accounting education. Additionally, it explores their perceptions regarding how educational institutions address these financial topics. A descriptive research approach was employed, with a field research design. A survey was used as the data collection method, focusing on understanding students' academic perception, diagnosing and characterizing the level of training in accounting-financial matters, describing the level of mastery in decision-making processes, and contrasting the importance they attribute to these aspects. The research results indicate that students in the field of social sciences at the higher education level perceive themselves to possess a moderate to high level of knowledge in financial accounting education. However, a noteworthy portion of these students do not consider this education adequate for proficiently managing their personal finances. As a result, they choose to explore additional learning tools.