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Journal : E-JRM

Pengaruh Implementasi Program Sekolah Pasar Modal, Motivasi Investasi, Dan Efikasi Keuangan Terhadap Minat Berinvestasi Di Pasar Modal (Studi Kasus pada Mahasiswa FEB UNISMA) Lestari, Ani; Malikah, Anik; Athia, Ita
E-JRM : Elektronik Jurnal Riset Manajemen E-JRM : Elektronik Jurnal Riset Manajemen Vol. 14 No. 01
Publisher : UNIVERSITAS ISLAM MALANG

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Abstract

Abstract Investment interest among students has been increasing along with the rise in financial literacy and access to capital market education. This study aims to analyze the influence of the Capital Market School Program implementation, investment motivation, and financial efficacy on students' interest in investing in the capital market. The research was conducted among students of the Faculty of Economics and Business, Islamic University of Malang (FEB UNISMA). A quantitative research method with a descriptive approach was employed. Data were collected through questionnaires distributed to 253 FEB UNISMA students from the 2021 cohort who had taken investment-related courses. The data were analyzed using multiple linear regression. The findings indicate that the implementation of the Capital Market School Program has a significant and positive effect on students’ investment interest. Investment motivation also significantly influences students' engagement in investment activities, where highly motivated students are more inclined to invest. Additionally, financial efficacy contributes positively to investment interest, meaning that the higher a student’s confidence in managing finances, the greater their interest in investing. This study highlights the importance of capital market education in fostering investment interest among students and the need for institutional support in enhancing financial literacy. Keywords: Investment interest, Capital Market School, Investment Motivation, Financial Efficacy, Capital Market. 
Co-Authors A. Munawwir Abdullah, Dillah Abelawana, Fadhlan ADI SETIADI Agustini, Rika Yayu Aisyah Nur Rustaman Amelia, Firda Rizky Anik Malikah Anis Fauzi, Anis April liyani, Tesya Aprilia Dwiana, Ari Apriliahetty, Laila Ais Ardhana, Felia Arofah, Annisa Nur Asep Zainal Mutaqin Asnita, Yuli Assyafa, Rizfi Yusuf Astri Dwi Widianingsih Azizah, Chitra Nur Bastaman Syah Bastaman Syah Damayanti, Utari Delima, Rika Edy Prayitno Edy Yulianto Elvina Endang Hadipoentyanti Fajar Riyantika Fauzi, Muh. Yogi Fauziah, Tessa Fawzy Muhammad Bayfurqon Feni Munifatullah Fita Ratu Prilia Fitri, Nurul Andini Fitria, Sania Septiani Ghufron Asno Ifanda H.M. Yamin Samaullah Halimatus Sakdiah, Halimatus Ida Wahyuliana Indah Permata Sari Ishak, Khardianti Alviani Ita Athia Jayana Salesti, Jayana Karmelia, Mila Khairul Huda Khairunissa Islamiati Laksono, Rommy Andhika Liaw Lia Sanjaya Lutfi Afifah, Lutfi Maimunah Maimunah Marta, Eni Masturi Masturi Mizzudin, Mochamad Mohamad Nurzaman Montella, Lyra Muhammad Bayfurqon, Fawzy Mutmainah, Fadzilatul Nauli Tama Sari Nur Syamsi Nur'inayah, Tiya Amelia Nurcahyo Widyodaru Purnama Wirawan Putri, Hilda Wulandari Putri, Syafia Eka Rahmatolloh, Fajrin Rizky Rahmi, Hayatul Rani, Putri Rika Rianti, Winda Rizky Hassan, Vivian Rusdi Hasan Safitri, Shasha Asyarita Safri Samsudin Munthe, Joseph Samaullah, Mohammad Yamin Santoso, Bayu Aji Saputra, Yulianto Hadi Siregar, Pariang Sonang Siti Mariyani Siti Mubaidah, Siti Sri Suhesti Sri Suhesti Sugiono, Darso Sulhadi - Sulistyo Sidik Purnomo Supriadi, Devie Rienzani Suryapermana, Nana Tia Setiawati Toto Hadiarto Vera Oktavia Subardja Wening Enggarini Widyodaru, Nurcahyo Winarno, Basuki Heri Zelita Hariani