Study On Financial Education Programs For Entrepreneurs

Authors

  • Arshiya Anjum A

DOI:

https://doi.org/10.53555/jaz.v45iS1.3348

Keywords:

Financial education, Entrepreneurship, Financial literacy, Business sustainability, Entrepreneurial success, Risk management, Program effectiveness, Mindset development

Abstract

This study investigates how financial education initiatives significantly impact individuals' intentions to pursue entrepreneurship. Through an analysis of these programs' effects on risk management, strategic thinking, and financial literacy, the research demonstrates the variety of ways in which these initiatives influence people's willingness to pursue entrepreneurial endeavors. In order to increase efficacy, the study highlights the significance of program design, delivery excellence, and continuing support systems. Positive effects are further enhanced by real-world case studies and applicability to a variety of entrepreneurial scenarios. Tailored program design, interactive learning strategies, all-inclusive support systems, flexibility in response to technology advancements, association with professionals in the field, and long-term effect evaluations are among the suggestions. By putting these recommendations into practice, financial education programs may become even more successful, producing a resilient and driven generation of company owners ready for the challenges of the competitive business environment.

Downloads

Download data is not yet available.

Author Biography

Arshiya Anjum A

Research scholar, (School of Economics and Commerce) Research supervisor: Dr. Rajeena Syed CMR University, #2,3rd cross,2nd A road, HRBR layout, Bangalore 560043, Karnataka, India.

References

Andriamahery, A. and Qamruzzaman, M., 2022. Do access to finance, technical know-how, and financial literacy offer women empowerment through women’s entrepreneurial development?. Frontiers in Psychology, 12, p.776844.

Baporikar, N. and Akino, S., 2020. Financial literacy imperative for success of women entrepreneurship. International Journal of Innovation in the Digital Economy (IJIDE), 11(3), pp.1-21.

Batty, M., Collins, J.M., O’Rourke, C. and Odders-White, E., 2020. Experiential financial education: A field study of my classroom economy in elementary schools. Economics of Education Review, 78, p.102014.

Bhatti, M.A., A Al Doghan, M., Mat Saat, S.A., Juhari, A.S. and Alshagawi, M., 2021. Entrepreneurial intentions among women: does entrepreneurial training and education matters?(Pre-and post-evaluation of psychological attributes and its effects on entrepreneurial intention). Journal of Small Business and Enterprise Development, 28(2), pp.167-184.

Fauzi, F., Antoni, D. and Suwarni, E., 2020. Women entrepreneurship in the developing country: The effects of financial and digital literacy on SMEs’ growth. Journal of Governance and Regulation/Volume, 9(4).

Financial education programs Financial education programs. Online. Available through. :< https://www.financialeducatorscouncil.org/international-financial-literacy/>

Frisancho, V., 2020. The impact of financial education for youth. Economics of Education Review, 78, p.101918.

Galvão, A., Marques, C. and Ferreira, J.J., 2020. The role of entrepreneurship education and training programmes in advancing entrepreneurial skills and new ventures. European Journal of Training and Development, 44(6/7), pp.595-614.

Hincapié, A., 2020. Entrepreneurship over the life cycle: Where are the young entrepreneurs?. International Economic Review, 61(2), pp.617-681.

Jardim, J., Bártolo, A. and Pinho, A., 2021. Towards a global entrepreneurial culture: A systematic review of the effectiveness of entrepreneurship education programs. Education Sciences, 11(8), p.398.

National financial educators’ council, 2023. Financial literacy. Online. Available through. :< https://www.financialeducatorscouncil.org/international-financial-literacy/>

Olutuase, S.O., Brijlal, P. and Yan, B., 2023. Model for stimulating entrepreneurial skills through entrepreneurship education in an African context. Journal of Small Business & Entrepreneurship, 35(2), pp.263-283.

Panait, M., Radulescu, I. and Brezoi, A., 2020. Financial markets–under the sign of CSR. Some evidences regarding financial education. LUMEN Proceedings, 11, pp.96-106.

Rachapaettayakom, P., Wiriyapinit, M., Cooharojananone, N., Tanthanongsakkun, S. and Charoenruk, N., 2020. The need for financial knowledge acquisition tools and technology by small business entrepreneurs. Journal of Innovation and Entrepreneurship, 9, pp.1-28.

Sahela, K.Z., Susanti, R. and Adjie, A.R., 2021. The influence of government dimension on financial education and empowerment of micro-, small-and medium-sized enterprises in Indonesia. The Journal of Asian Finance, Economics and Business, 8(3), pp.637-643.

Thomas, B. and Subhashree, P., 2020. Factors that influence the financial literacy among engineering students. Procedia Computer Science, 172, pp.480-487.

Downloads

Published

2024-01-11

Issue

Section

Articles

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.