Multivariate Analysis of University Student’s Attitude Towards Financial Management

International Journal of Research and Scientific Innovation (IJRSI) | Volume V, Issue XII, December 2018 | ISSN 2321–2705

Multivariate Analysis of University Student’s Attitude Towards Financial Management

R. Noraini1, Z.M. Lukman2, C. Azlini3, R. Normala4, A.H. Mutia5, M.Y. Kamal6

 1,2,3,4,5,6Faculty of Applied Social Sciences, Universiti Sultan Zainal Abidin, Kuala Nerus, Terengganu Malaysia.

Abstract— Financial problems will arise when an individual does not practice a good financial management. Financial management consists of attitude, behavior, and knowledge in managing the financial. This study was conducted to identify the student’s attitude in financial management in Universiti Sultan Zainal Abidin (UniSZA). Students from 10 faculties and a total of 336 respondents were involved in this study. Data collection was conducted to collect information from the respondents during a one-month period. Each information obtained analyzed using the multivariate analysis to identify student’s attitude towards their financial management. Through multivariate analysis, a total of 15 question that had been answered by the students, only 3 questionnaires show the most significant answers and varies from all the faculties with p-value < 0.05. One of the identified variables revealed that the usages of credit cards upon helping a person in a financial management were more preferred by most of the respondents. Secondly, most respondents agreed that cash money usage is better than a credit card. Thirdly, respondents were aware of the risk in financial management waits for them in the future.

Keywords— Student’s Attitude, University, Financial Management, Multivariate Analysis, Malaysia


Money is one of the most important aspects in modern day life [1] and students need money as a crucial support in their lives to face nowadays challenging world condition. According to[2], a poor financial management will cause the financial problem to all individuals including students. Without an adequate financial resource, it is difficult for an individual to meet the needs of their daily life. Management is a continuous practice of forming an organization or individual towards achieving specific goals [3]. Financial management is a science and art in managing money involving various accounting and economic uses to achieve a goal set by individuals, communities, and firms[4].

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