Arthatama: Journal of Business Management and Accounting
Vol. 8 No. 1 (2024)

Enhancing Entrepreneurial Expectations Through Financial Literacy

Nike Silvia Dewi (Universitas Diponegoro, Indonesia)



Article Info

Publish Date
30 Jun 2024

Abstract

Entrepreneurial success is closely linked to financial literacy, as effective financial administration enables entrepreneurs to manage resources, mitigate risks, and optimize business growth. This study explores the impact of financial literacy on the entrepreneurial expectations of Digital Business students, emphasizing the role of financial knowledge in shaping confidence and decision-making capabilities. Using a conceptual analysis approach, this research reviews existing literature to establish a theoretical framework linking financial administration with entrepreneurial ambition. Findings indicate that financial literacy enhances students’ ability to develop sound business strategies, adapt to financial challenges, and sustain long-term business operations. Furthermore, integrating financial education into entrepreneurship curricula is essential to prepare students for the dynamic business environment. The study underscores the necessity of equipping future entrepreneurs with financial management skills, ensuring they can navigate financial complexities effectively. By fostering financial literacy, educational institutions can contribute to a more resilient and innovative entrepreneurial ecosystem.

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Journal Info

Abbrev

art

Publisher

Subject

Economics, Econometrics & Finance

Description

The objective of the Arthatama is to promote the wide dissemination of the results of systematic scholarly inquiries into the broad field of business research. Arthatama accepts articles in any business management and accounting related subjects and any research methodology that meet the standards ...