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Financial literacy of freshmen business school students.(Report)
In recent years, financial literacy has increasingly captured the attention of the banking and financial industries, policy makers, government agencies, public interest groups, and members of the news media. These interested parties are concerned that consumers lack the basic skills required to make decisions beneficial to their economic welfare. Financial illiteracy can hinder one's ability to achieve long-term goals such as succeeding at higher education, owning a home, and financing retirement. This study investigates the efficacy of having upper-level accounting majors teaching basic financial literacy concepts to freshmen business majors. Specifically, upper-level ...
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Source: HighBeam Research, Financial literacy of freshmen business school students.(Report)