caerCentral Asian Economic ReviewCentral Asian Economic Review2789-43982789-4401Университет Нархоз10.52821/2789-4401-2023-2-129-140caer-822Research ArticleИНВЕСТИЦИИ, ФИНАНСЫ И УЧЕТINVESTMENT, FINANCE AND ACCOUNTINGВлияние финансовой грамотности среди казахстанских студентов на объем микрокредитовThe impact of financial literacy among Kazakhstani students on volume of micro loansМұқанМ. М.MukanM. M.

Алматы

Moldir M. Mukan - master of economic sciences, senior teacher, Narxoz University.

Almaty

moldir.mukan@narxoz.kzМаликГ.MalikG.

Алматы

Gaukhar Malik - junior researcher, student, Narxoz University.

Almaty

gaukhar.malik@narxoz.kzМукаметкалиеваМ. А.MukametkaliyevaM. A.

Алматы

Makhabbat A. Mukametkalieva - master of economic sciences, senior teacher, Narxoz University.

Almaty

makhabbat.mukhametkalieva@narxoz.kzУниверситет НархозКазахстанNarxoz UniversityKazakhstan20232207202302129140Copyright © Мұқан М.М., Малик Г., Мукаметкалиева М.А., 20232023Мұқан М.М., Малик Г., Мукаметкалиева М.А.Mukan M.M., Malik G., Mukametkaliyeva M.A.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://caer.narxoz.kz/jour/article/view/822

Цель исследования показать, как низкий уровень финансовой грамотности негативно влияет не только на личном благосостоянии населения, но и на экономике в целом.

Методология

Методология. Исследовательская работа охватывает годовые отчеты за 5 лет с 2017 по 2021 год. В исследованиях используются первичные и вторичные данные; авторы проводят опрос и собирают данные из официальных баз данных. Исследование основано на опросе ОЭСР и носит смешанный характер. Количественный метод исследования проводится с помощью программы R. Качественный метод проводится путем анкетирования студентов всех регионов Казахстана (не менее 100 участников).

Оригинальность / ценность исследования. В данном исследовании анализируется уровень финансовой грамотности казахстанских студентов, а также его влияние на увеличение количества микрокредитов. Также нет влияния направления подготовки вуза: студенты финансово неграмотны или грамотны на одном и том же уровне.

Результаты исследования

Результаты исследования. Количество финансово грамотных студентов составляет 45 % от всех студентов, принявших участие в опросе. Индекс финансовой грамотности студентов на 2022 год составляет - 46,1. Как корреляционный, так и регрессионный анализ показывают, что финансовая неграмотность положительно влияет на быстрый рост микрофинансовых организаций.

Purpose of the research is to show how insufficient financial literacy negatively affects not only the personal well-being of the population, but also the economy as a whole.

Methodology

Methodology. Research work covers annual reports for 5 years from 2017 until 2021. Research uses primary and secondary data; authors conduct a survey and collect data from the official databases. Research is based on the survey of the OECD and is mixed done. Quantitative method of research is conducted by using R program. The qualitative method is conducted by a questionnaire among students of all regions of Kazakhstan (at least 100 participants).

Originality / value of the research: This research analyzes Kazakhstani students' level of financial literacy, as well as its effect on increasing number of micro loans. Also, there is no impact from the university's background: students financially illiterate or literate at the same level.

Findings

Findings. Amount of financially literate students is 45 % of all students who took part in a survey. Financial literacy index among students for 2022 is - 46,1. Both correlation and regression analyses show that the financial illiteracy positively affects the fast growth of microfinance organizations.

Conclusion

Conclusion: Financial literacy does not mean minimizing the use of consumer credit, but leads to more attentive analysis of loan takers from the side of credit organizations. The government should control MFOs by requiring more personal information about cash flows from students. It was also found that specialty and faculty do not affect main financial factors, as behavior, knowledge and attitude to finance. On the other hand, research shows that students should be financial literate from their academic studies, as this will influence not only their future financial situation but also the country's economy as a whole.

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The authors declare that there are no conflicts of interest present.