LEVEL OF AWARENESS OF FINANCIAL TECHNOLOGY AMONG BUSINESS EDUCATION UNDERGRADUATES’ IN PUBLIC UNIVERSITIES

Authors

  • SHERIFF AJAYI ADEOYE Department of Vocational and Technical Education, Faculty of Education, University of Benin, Benin City, Edo State, Nigeria.
  • ROBINSON OSAEUMWENSE OWENVBIUGIE Department of Vocational and Technical Education, Faculty of Education, University of Benin, Benin City, Edo State, Nigeria.

Keywords:

Awareness, Business Education, Financial Technology, Public Universities, Undergraduates.

Abstract

The study assessed the level of awareness of financial technology among business education undergraduates in public universities in Edo State. Five research questions and four hypotheses guided the study. The study employed a descriptive survey research design to achieve the central aim of the study. The population comprised of 484 undergraduates’ in public universities in Edo State. The sample size comprised of 121 business education undergraduates in public universities in Edo State in which 25% of the population was selected using the proportional sampling method. The instrument for data collection was a structured questionnaire, titled “Financial Technology Awareness among Business Education Undergraduates Questionnaire (FTABEUQ). The instrument was subjected to face and content validity. To establish the internal consistencies of the items, 20 copies of the instrument was administered on business education undergraduates who were not part of the study population. Thereafter, a Cronbach’s alpha statistic was used in calculating the data collected, which yielded a coefficient alpha reliability value of 0.75. The data collected from the respondents was analysed using mean (x), standard deviation (SD) and two sample independent t-test statistics. The findings of the study showed that there was a significant difference in the level of awareness of financial technology among business education undergraduates based on academic institution and gender. Moreso, there was no significant difference in the level of awareness of financial technology among business education undergraduates’ students based on course option and academic level. Based on these findings, the authors concluded that the level of awareness of financial technology among business education undergraduates in public universities in Edo State is relatively high. This is so with their institutions, gender, course option and class level notwithstanding. The authors recommended, among others, that business education undergraduates who want to improve their skills and talents should not wait for anyone to compel them to learn the necessary skills needed to succeed in the world of work.

 

Keywords: Awareness, Business Education, Financial Technology, Public Universities, Undergraduates.

The study assessed the level of awareness of financial technology among business education undergraduates in public universities in Edo State. Five research questions and four hypotheses guided the study. The study employed a descriptive survey research design to achieve the central aim of the study. The population comprised of 484 undergraduates’ in public universities in Edo State. The sample size comprised of 121 business education undergraduates in public universities in Edo State in which 25% of the population was selected using the proportional sampling method. The instrument for data collection was a structured questionnaire, titled “Financial Technology Awareness among Business Education Undergraduates Questionnaire (FTABEUQ). The instrument was subjected to face and content validity. To establish the internal consistencies of the items, 20 copies of the instrument was administered on business education undergraduates who were not part of the study population. Thereafter, a Cronbach’s alpha statistic was used in calculating the data collected, which yielded a coefficient alpha reliability value of 0.75. The data collected from the respondents was analysed using mean (x), standard deviation (SD) and two sample independent t-test statistics. The findings of the study showed that there was a significant difference in the level of awareness of financial technology among business education undergraduates based on academic institution and gender. Moreso, there was no significant difference in the level of awareness of financial technology among business education undergraduates’ students based on course option and academic level. Based on these findings, the authors concluded that the level of awareness of financial technology among business education undergraduates in public universities in Edo State is relatively high. This is so with their institutions, gender, course option and class level notwithstanding. The authors recommended, among others, that business education undergraduates who want to improve their skills and talents should not wait for anyone to compel them to learn the necessary skills needed to succeed in the world of work.

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Published

2024-09-05