Kajian Psikologi dan Kesehatan Mental
Vol 3 No 2 (2025): September

The Influence of Interest and Motivation on Investment Decisions Among Management Students

A. Deva Meilany Putri (Universitas Muhammadiyah Makassar, Makassar, Indonesia)
Wa Ode Rayyani (Universitas Muhammadiyah Makassar, Makassar, Indonesia)



Article Info

Publish Date
06 Sep 2025

Abstract

Purpose: This study analyzes the influence of investment interest and motivation on the investment decisions of Management Department students, 2023 cohort, at the Faculty of Economics and Business, Universitas Muhammadiyah Makassar, both partially and simultaneously.Methodology: A quantitative approach with a survey method was employed. The population consisted of 35 active students, selected using a total sampling technique. Data were collected through a five point Likert scale questionnaire and analyzed using multiple linear regression, preceded by validity, reliability, and classical assumption tests.Results: Partially, investment interest (t equals 1.383, significance equals 0.176) and investment motivation (t equals 1.302, significance equals 0.202) did not significantly influence investment decisions. Simultaneously, interest and motivation together exerted a positive and significant influence on investment decisions (F equals 19.685, significance equals 0.000), contributing 55.2% of the variance.Conclusions: Investment interest and motivation jointly shape student investment decisions, indicating that these two psychological factors complement one another and operate more effectively when measured together.Limitations: The study is confined to 35 respondents from a single cohort and does not account for other relevant variables such as financial literacy or risk perception.Contributions: The findings provide empirical evidence on student investment behavior and a foundation for more effective financial education programs at higher education institutions.

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Journal Info

Abbrev

kpkm

Publisher

Subject

Humanities Environmental Science Health Professions

Description

Kajian Psikologi dan Kesehatan Mental (KPKM) is a national, peer-reviewed and scholarly journal, which accepts and publishes high-quality article discussing various interesting issues on psychology and mental health. Kajian Psikologi dan Kesehatan Mental (KPKM) welcomes researchers, practitioners ...