The importance of financial education in the training of bachelor level professionals

Abstract

This paper analyzes the importance of the inclusion of financial education in the training process at the bachelor's level. A study was conducted with 30 students from 3rd, 6th and 9th semester of industrial engineering, international business, administration and management of small and medium enterprises of the Universidad Politecnica de Zacatecas and one of the main results was that this topic is relevant to them. It should be noted that the majority of participants in this study belong to a medium-low socioeconomic level. According to a questionnaire applied to them, young participants have no notion of money management and do not worry about acquiring such information by any available means. A questionnaire was applied to find out information on income and expenses perspective. Playful games such as Monopoly and World Tourist were used to evaluate their increase in money management and financial concepts. The results show that the participating university students acquired more knowledge about expenses, income, assets and liabilities that are generated on a day-to-day basis and recognized the importance of mastering said knowledge.