THE INFLUENCE OF FINANCIAL LITERACY AND ENTREPRENEURIAL SELF-EFFICACY ON ENTREPRENEURIAL INTENTION

Abstract

This study examines the influence of financial literacy and entrepreneurial self-efficacy on entrepreneurial intention among university students in Indonesia. Using a quantitative approach with a sample of 300 respondents, data were collected via questionnaires and analyzed using multiple regression analysis. The results indicate that both financial literacy and entrepreneurial self-efficacy significantly and positively affect entrepreneurial intention, with entrepreneurial self-efficacy having a stronger impact. These findings underscore the importance of enhancing financial knowledge and self-belief in fostering entrepreneurial aspirations, particularly in developing economies. Implications for education and policy are discussed.