Undergraduate Thesis Bachelor of Science in Business Administration Major in Financial Management University of Rizal System Binangonan 2023

Includes bibliographical references

The study aimed to determine the financial proficiency of financial management graduates from the years 2015-2019 in University of Rizal System Binangonan. The subject of the study was the 19.98 percent of the total population of financial management graduates from the years 2015-2019. This consists of two hundred ten (210) graduates. They were described in terms of age, sex, civil status, year graduated, occupation and monthly income. A descriptive survey research design was applied utilizing a partially adapted test questionnaire and checklist as a tool in gathering the needed data on the financial proficiency of financial management graduates in University of Rizal System Binangonan. In terms of the profile of the respondents, the study revealed that out of two hundred ten (210) financial management graduates, one hundred twenty-four (124) of them were under the age of 24-27, one hundred forty-one (140) of them were female, one hundred fifty-six (156) of them were single, forty-eight (48) of them graduated in the year 2019, one hundred three (103) of them have other occupations and sixty-four (64) of them have a monthly income of PHP 15,001- 20,000. On the other hand, two (2) financial management graduates were under the age of 36-39, (70) of them were male, one (1) of them was widowed, thirty- nine (39) of them graduated in the year 2017, two (2) of them were bank cashiers and five (5) respondents have a monthly income of PHP 10,000 below. The study concluded that one hundred twenty-four (124) financial management graduates of the financial management graduates were under the age of 24-27 since the highest number of respondents graduated in the year 2019, who approximately graduated at the age of 20-21 years old at that time. On the other hand, ages 36-39 had only two (2) respondents due to the possibility that the people at that age are not too engaged in social media because they are too busy focusing on their work to earn money for their savings on retirement plans and the likes. Regarding sex, several potential factors contribute to one hundred forty-one (141) female financial management graduates compared to seventy (70) males which may include variations across different regions and cultural contexts and differences in individual motivations for pursuing financial management. In terms of civil status, having a strong focus on building successful careers and prioritizing financial stability and security in their relationships may be some of the reasons why one hundred fifty-six (156) respondents were single. Time management skills and the ability to prioritize are crucial. Furthermore, financial management graduates often possess strong analytical skills and are accustomed to strategic planning Lastly, financial management graduates may have diverse perspectives and priorities based on their backgrounds and experiences. In relation to year graduated, forty-eight (48) respondents were graduates from the year 2019 since the highest total number of financial management graduates graduated in that year. However, 2017 had only thirty-nine (39) respondents considenng that it has the lowest total number of financial management graduates based on the list provided by the campus registrar. Concerning occupation, one hundred three (103) financial management graduates had other occupations which implies that the financial management field encompasses a wide range of occupations due to the multifaceted nature of financial activities and the diverse needs of organizations and individuals. However, only two (2) respondents were employed as bank cashiers due to a low salary range. In terms of monthly income, sixty-four (64) respondents have a monthly income of PHP 15,001-20,000 given that they started their job as casual and their salaries were still in a lower range compared to other occupations. However, five (5) respondents have a monthly income of PHP 10,000 indicating that they were earning a relatively low income due to the possibility of having a salary mismatch in their occupations. In terms of the financial proficiency of financial management graduates with respect to financial knowledge, seventy-four (74) of them were moderately knowledgeable while three (3) of them were very high knowledgeable. Being moderately knowledgeable of financial management graduates can be attributed to the teaching methodologies employed by financial management instructors and professors, personal knowledge and experiences, education received based on a management program in the university's curriculum is taught to all financial management students regardless of their gender. On the other hand, in terms of civil status, the financial management programs typically follow a standardized curriculum, ensuring that all students, regardless of their marital status receive a similar education. When it comes to year graduated, it can be implied that the individuals who graduated in different years have received the same education on the core principles and concepts of financial knowledge and have a similar foundation in understanding finance. Regarding occupation, financial knowledge is not solely determined by income but also by an individual's interest and motivation to learn about financial matters. Some individuals, regardless of their income level, may actively seek out information and resources to enhance their financial knowledge in addition to the understanding of the concepts they had in college. Based on the tested hypothesis on the profile of the respondents, the data revealed that there is no significant difference in the perceived financial skills, financial attitude and financial behavior of financial management graduates in University of Rizal System Binangonan with respect to age, sex, civil status, year graduated, occupation and monthly income. With regard to age, the graduates through the years had access to the same financial education with respect to the financial concepts and foundation of financial management in University of Rizal System Binangonan regardless of the change in curriculum over time. When it comes to sex, it may be implied that educational institutions, governments and various organizations have recognized