Financial education and decision-making in entrepreneurship among university students: a correlational study in the Latin American context
DOI: https://doi.org/10.3846/btp.2026.26012Abstract
This study examines how financial education and decision-making in university students who are entrepreneurs in Latin America are related to accounting and management careers. A sequential mixed design was adopted: first, a cross-sectional survey applied to students from Peru, Venezuela and the Dominican Republic made it possible to measure their levels of financial education and their link with decisions in entrepreneurial contexts; then, semi-structured interviews helped to deepen the interpretation of knowledge is interpreted. The results show a positive relationship in the analysis of information and the comparison of alternatives. Still, the relationship loses clarity when strategic planning comes into play. Everything indicates that knowing about finances does not guarantee, by itself, consistent decisions in the long term. The interviews are along the same lines: real practice ends up being key to turning knowledge into action. Overall, the study offers evidence from a Latin American scenario that has been little addressed and shows that this relationship is far from direct. Rather, it is built according to the training conditions and the context in which the students develop. Hence the need to incorporate applied learning experiences that really enhance their ability to decide.
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financial education, decision-making, university entrepreneurship, trainingHow to Cite
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Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University.
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Copyright (c) 2026 The Author(s). Published by Vilnius Gediminas Technical University.
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This work is licensed under a Creative Commons Attribution 4.0 International License.