DEVELOPMENT OF FINANCIAL LITERACY IN UNIVERSITY STUDENTS
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Author(s): | Demtsura S. S., Dmitrieva E. Yu., Pluzhnikova I. I., Tukhvatulina K. A., |
| Number of journal: | 3(76) | Date: | September 2026 |
| Annotation: | In modern society, the digitalization of many processes, as well as the emergence of new financial risks, necessitates improving the level of financial literacy among citizens. Furthermore, it is essential to develop this type of literacy in students, especially university students, as future professionals must understand financial matters, plan their own expenses, anticipate losses, and understand macroeconomic processes. Therefore, developing students’ financial literacy is becoming a priority for Russian educational policy. Traditional lecture-based teaching methods in economics do not fully develop practical skills in personal finance management in university students. Students majoring in economics and non-economic disciplines may successfully reproduce the definitions of economic concepts, but struggle to apply this knowledge in real-life situations. Therefore, there is a pressing need to find new forms, methods, and techniques for working with students to develop and enhance their financial literacy. Using these forms, methods, and techniques, university students can learn to effectively plan their personal budgets, manage their finances, and anticipate risks. In this article, the authors define the terms “literacy” and “financial literacy”, describe their experience using various teaching technologies at South Ural State Humanitarian Pedagogical University, and identify the advantages of using business games and the specifics of integrating game formats into the educational process, including adapted versions of Monopoly, quest games, and online simulators in classes on Economics, Banking, Pricing, Finance, Financial Management, Financial and Economic Workshops, and others. In conclusion, the authors state that the use of financial and business games within economic disciplines and the use of teaching technologies in university education are essential for the professional development of competitive specialists and the development of their financial literacy. | ||
| Keywords: | human literacy, finance, financial literacy, university students, working with university students, level of financial literacy, indicators of financial literacy development, financial culture, economic case studies, gaming technologies, business games, university educational space, economic disciplines |
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| For citation: | Demtsura S. S., Pluzhnikova I. I., Dmitrieva E. Yu., Tukhvatulina K. A. Development of financial literacy in university students. Biznes. Obrazovanie. Pravo = Business. Education. Law. 2026;3(76):379—385. DOI: 10.25683/VOLBI.2026.76.1668. |
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