The Influence of Academic Exposure, and Cultural Factors on Stock Market Awareness Among Management Students in Belagavi District

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Ravi Chavan; Mahmmadmasaroor Momin; Laxman Pawar

The Influence of Academic Exposure, and Cultural Factors on Stock Market Awareness Among Management Students in Belagavi District

Authors: Ravi Chavan, Mahmmadmasaroor Momin, Laxman Pawar

Unique Paper ID: 179776
Volume: 11
Issue: 12
PageNo: 8456-8460

Keywords: No Keywords Found

Abstract:
A research in the Belagavi District examined the role of academic exposure and cultural determinants influencing stock market awareness among management students in a sample survey of 100 respondents. Field data collection utilized a structured questionnaire on the various aspects of stock market understanding, financial literacy, investment behavior, and decision-making factors. Data analysis utilized MS Excel, T-Test, and IBM SPSS software and yielded meaningful findings on the stock market concept understanding among students, financial education exposure, real-life experience in investment, and cultural beliefs influencing investment. Findings revealed a moderate to high degree of awareness of basic stock market concepts, reflecting the theoretical knowledge of the students while reflecting limited practical application. Academic exposure in the form of courses and financial workshops was the prime factor in developing stock market understanding. Traditional investment options within families, including real estate and gold, influenced the investment behaviors of the students, resulting in a conservative approach towards stock market involvement. The study emphasized the addition of experiential financial learning experiences, expanding financial literacy programs, and investment education advancement to equip students with the necessary confidence and abilities to engage in successful stock market participation.

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ISSN: 2349-6002
Volume: 11
Issue: 12
PageNo: 8456-8460

The Influence of Academic Exposure, and Cultural Factors on Stock Market Awareness Among Management Students in Belagavi District

Available:https://ijirt.org/article?manuscript=179776

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