Financial Literacy: Does Modality Matter?
We compare the performance of financial literacy programs launched by the CFA Society Pittsburgh in residential settings (2017-2019) with virtual/hybrid programs during the COVID-19 pandemic (2020-2021). Pre-test baseline knowledge assessment shows that female students scored lower on subjective and objective financial knowledge questions and self-esteem. However, the global pandemic did not impact the effectiveness of programs based on modality. Students experienced a statistically significant improvement in all four assessment areas of financial literacy. The largest gains in subjective and financial knowledge center on retirement planning. Objective knowledge and self-esteem improvements occur most in credit and inflation. Female students experience more significant gains in subjective knowledge, objective knowledge, and self-esteem.
Files
Metadata
Work Title | Financial Literacy: Does Modality Matter? |
---|---|
Access | |
Creators |
|
Keyword |
|
License | In Copyright (Rights Reserved) |
Work Type | Article |
Publisher |
|
Publication Date | 2023 |
Publisher Identifier (DOI) |
|
Deposited | September 09, 2024 |
Versions
Analytics
Collections
This resource is currently not in any collection.