Karolina Palimąka
pages: 106-118;
JEL classification: I21, I22;
Keywords: financial literacy, financial awareness, financial knowledge of student;
Abstract: The article focuses on the phenomenon of financial literacy of students. Financial literacy is treated
as a combination of financial knowledge and the decision-making process where one has to make a
choice based on experience and theory. The aim of this paper is to draw attention to the essence of
financial literacy, including knowledge of banking(especially of young people). For this purpose, a
literature review was used. Own research complements the topic as a case study, where the author
verifies whether students assess their knowledge in a way that corresponds to reality and verifies
whether students need to expand their financial knowledge sorely necessary nowadays. The survey
was completed by 380 students from University of Information Technology and Management in
Rzeszów, of both economic and non-economic field of studies. There are some unexpected results,
for example the most important is that students from a financial field of studies end up with worse
results than their peers from the non-financial degree programs.