Home⇛Journal of Interdisciplinary Perspectives⇛vol. 4 no. 1 (2026)

The Influence of Financial Education on the Financial Behavior of Business Administration Students

Keith Cyril Z. Sudaria | Rosalie P. Sumonda | Rea S. Teofilo | Jishanis Mae G. Becaro-lapiz

Discipline: Education

 

Abstract:

This study examines the influence of financial education on the financial behavior of Bachelor of Science in Business Administration (BSBA) students at a satellite campus in Bukidnon, Philippines. As financial decisions become increasingly complex, understanding how students acquire and apply financial knowledge is essential for promoting financial stability. The study aims to determine how engagement in peer financial education groups, access to financial education resources, and time spent on financial learning contribute to budgeting, saving, debt management, and spending habits. A quantitative research design was employed using an adapted and validated questionnaire with a Cronbach’s Alpha of 0.98, indicating excellent reliability. Sixty 1st- and 2nd-year BSBA students were selected through a convenience sampling method. Descriptive statistics were used to measure levels of financial education and financial behavior, while regression analysis tested the influence of financial education on behavioral outcomes. Results show that students generally demonstrate moderate to high levels of financial education, particularly in peer engagement and time invested in learning. Access to financial resources emerged as the strongest predictor of improved financial behavior, significantly influencing budgeting and saving practices. However, students performed more poorly on advanced financial concepts, such as investment and long-term debt management. Peer engagement showed a positive but less substantial effect. The study concludes that structured financial education initiatives, improved access to resources, and targeted programs focused on debt management and investment literacy can significantly strengthen students’ financial competencies. The findings provide evidence for integrating more comprehensive financial education within BSBA curricula to enhance students’ financial decision-making and long-term resilience.



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