This master thesis deals with the factors influencing the financial literacy of students in the Czech Republic. The main aim of the thesis was to find out whether specific factors have an impact on the financial literacy of these students. Among the factors surveyed were gender, highest parenting education and total household income. In this master thesis, quantitative research was used through a questionnaire survey aimed at exploring and evaluating the level of financial literacy of secondary school students. The hypothesis that were tested by statistical methods using the two-choice F-test and t-test were determined. Based on the results, the hypotheses were either accepted or rejected.

The purpose of this study is to investigate how a financial literacy interface model could contribute towards the comprehensibility of financial information to decision makers in organisations. The way individuals and institutions use the concept of financial literacy suggests that different people attach different meanings to this construct. In order to establish a conceptual model for financial literacy, this study endeavours to formulate what financial literacy entails as well as decision makers’ expectations of financial information. The increase in the volume and complexity of financial information often outstrips the abilities of users to understand and interpret it for decision-making purposes. A financial literacy interface provides an opportunity window for decision makers in organisations to break through their fears and concerns in using financial figures and language. Users of financial information differ vastly with regard to their level of financial capability and sophistication, and preparers of financial information should take cognisance of the fact. The study revealed that financial literacy is a complex phenomenon and that the term encompasses more than the individual terms “financial” and “literacy”. It further endeavoured to develop a financial literacy interface model as a coordinating interface between financial information and decision makers. / Thesis (DCom)--University of Pretoria, 2009. / Financial Management / unrestricted

The thesis focuses on estimation of household total risk exposure and factors affecting this estimation. The risk is represented with a financial loss of 20k CZK in the next month and with a financial loss of 50k CZK in the next 12 months. Nearly a half of participants in the survey (n=55) estimates the likelihood of this financial shock as being low, however the number of participants with high estimate increases for the next 12 months. The estimate of total risk exposure increases with age, for self-employed and single parents, next with income and assets, however overall wealth decreases the estimate. Significant factors are education, financial behaviour and cognitive abilities which all have a decreasing effect on the estimate. Availability is considered as significant having a positive effect while biased evaluation of risks has a negative effect. Time preferences can play an important role in the estimation of a long-term risk.

This master thesis aims to explore the relationship between financial literacy and probability of saving in private pension schemes in the Czech Republic among citizens older than 50 years. While the first part of this master thesis provides overview of pension systems among the OECD countries with emphasis on the Czech Republic, the second part brings the theoretical background for the financial literacy and for the measurements of financial literacy according to international studies. The last part of this master thesis serves as a practical part of this master thesis. In order to examine the relationship between financial literacy and saving for retirement, we performed a logistic regression. We set the probability of saving in a private pension scheme as a dependent variable and independent variables according to the studied literature. The last part of this master thesis also provides the summary of our conclusions about the importance of financial literacy within the decisions about saving for retirement and also the opinion that the lack of financial literacy was one of the main causes for unsuccessful pension reform in the Czech Republic where the second pillar was cancelled recently.

The thesis examines financial literacy of the adult population. It describes the present situation and suggests directions which the education in this field should take. The thesis also deals with means leading to spread and improvement of financial literacy. A separate part which is focused on university students describes means of economizing and how to make a budget or financial plan for this purpose. The final part presents a research into financial literacy of university students and is focused on concepts related to the financial world and financial management.

This diploma thesis focuses on the financial literacy of Vietnamese immigrants in the Czech Republic. The basis is the research made by the author of the diploma thesis. The main objective is to analyze the real situation of the financial comprehension by Vietnamese immigrants in the Czech Republic, and highlight their mistakes in the complex world of finance. This thesis also points out some problems and complications, which have resulted from lack information about financial products. It will also try to suggest a method of how to increase financial literacy of Vietnamese immigrants. The diploma thesis is composed in three chapters. The first one gives some information about Vietnamese immigrants in the Czech Republic. The second part presents the results from research, and the last chapter deals with a financial institution that wants to focus on Vietnamese clients in the Czech Republic.

This thesis aims to ascertain which method is the most appropriate to measure impacts of Corporate Social Responsibility and also specifically Corporate Community Investments as a part of Corporate Social Responsibility. Various methods were used in the Master's Thesis, such as analysis, comparison, several personal as well as phone interviews or questionnaire. Section 1 provides overview of Corporate Social Responsibility from various perspectives. Sections 2 and 3 focus on measuring impacts of Corporate Social Responsibility and particular measurement methods. Section 4 provides a comparison of existing methods. In section 5, Case Study on projects of ČSOB regarding Financial Literacy in the Czech Republic is being solved, including analysis of Financial Literacy in terms of "Need" and "Supply" as well as the application of measurement methods. As of the results, Global Reporting Initiative proved to be the most appropriate method to be used for Corporate Social Responsibility/sustainability measurement in general while London Benchmarking Group methodology is the most suitable within Corporate Community Investment. However, both methods should be supplemented when being applied as they are not exhaustive.

The objective of this work is to survey the level of financial literacy among students of secondary schools and universities in the Russian Federation, and compare it with the survey from 2008. This diploma thesis is divided into two parts. The first part is theoretical and describes Russia's actions in improving the financial literacy of its citizens. It also very briefly describes the situation in the Czech Republic. The main channels for disseminating financial literacy in the Russian Federation and the activities of the World Bank are introduced (as well). The practical part analyzes the results of a survey from 2013, which are compared with a similar survey from 2008 by the National Agency for Financial Research. A better understanding of the problems is provided by graphs and tables.

Denna uppsats observerar och analyserar hur medlemmar på sociala medier påverkas av aktiegrupper. Uppsatsens syfte är att ge läsaren en djupare förståelse till hur kunskapen bland medlemmar i aktiegrupper generellt ser ut och om det går att se likheter mellan faktorer som kunskap och investeringsbeteende och hur det återspeglas i deras totala avkastning. Med begreppet kunskapsfaktorer avses de variabler som påverkar medlemmarnas avkastning på deras aktier. Sådana variabler kan vara investeringsbeteende, mängden aktier som ägs eller finansiell kunskap. Med begreppet finansiell kunskap avser denna studie kunskap och förståelse inom finansiering, investering och aktiekunskap som behandlas i finansiell litteratur. Tillvägagångssätt som valdes för studien var en kvantitativ enkät som skrevs i Google Forms och delades i flera svenska aktiegrupper på Facebook där enkäten totalt fick 402 svar. Enkätfrågorna undersökte forskningsfrågorna med hjälp av olika variabler där frågor om ålder, utbildning, grad av engagemang i forum och finansiell kunskap ställdes. Enkäten utfördes anonymt och inga personuppgifter lagrades. Vidare upprättades enkätresultaten med hjälp av deskriptiv statistik. Därefter analyserades resterande variabler med hjälp av en regressionsanalys. Resultatet av regressionsanalysen visade att det enbart var två variabler som var statistisk signifikanta och korrelerade till positiv avkastning för medlemmarna i aktiegrupperna. De andra variablerna var inte statistisk signifikanta. Resultatet av analysen visade att det fanns flera likheter bland medlemmarna i dessa aktiegrupper. Likheterna som observerades var bland annat hur ofta medlemmarna i dessa grupper besökte aktieforum, utbildning och åldern. Ålder som observerades var relativt jämnt fördelat bland respondenterna där cirka hälften av respondenterna var mellan 18–35 år. Frågorna kring utbildning visade att cirka 66 % av respondenterna hade en högskole- eller universitetsutbildning. De flesta respondenterna svarade att de var studenter. Det går därmed att konstatera att medlemmarna i dessa aktiegrupper tenderar att vara unga och har genomsnittligt en högskole- eller universitetsutbildning. Resultatet av regressionsanalysen visade på att två av variablerna påverkade avkastningen positivt. Dessa två variabler var ”Äger du fler än tio olika aktier?” och ”Har du läst böcker eller annan litteratur som behandlar aktier?”. / This study analyses how social media impact members of forums regarding shares investments, return on equity on these investments and how social media affects these members in their investment behaviour. The study sets out to observe the level of financial literacy among these members and if there are factors that affect their investment returns. The study was conducted via a survey with a regression analysis along with descriptive statistics. The survey questions were designed to measure the research questions with several variables such as age, education, frequency of visiting stock forums etc. The survey was shared on stock forums on Facebook and gathered a total of 402 responses. These responses were then analysed. The results of the survey conclude that there are only two statistically significant factors that affect the investment returns for members of these forums, while also observing the similarities between members: The majority are young (between 18–35) and 66 % of participants have college/university education.

Prior studies have shown that investment knowledge and motivation increases when students in a school setting have access to a stock trading learning platform.  This thesis aims to further investigate if a stand-alone online stock trading learning platform, on its own, can help non stock investors understand financial literacy concepts.It further attempts to identify what type of system functionality that is most beneficial for the beginner when it comes to understanding and applying these concepts.  To explore this, an MVP stock trading learning platform1 was initially developed so that new features could be implemented and modified freely, without being bound by existing software. The development was done using the lean UX method and Jobs To Be Done interviews. From this, it was found that merely enabling the users to trade stocks (without risk) did not significantly help them to understand investing concepts and draw new conclusions.  New functionality was then added to the learning platform, in the form of a historical propagation feature. It lets the user assemble a stock portfolio and see what the portfolio would be worth today if bought earlier. This enabled the user to quickly and interactively see the effects of diversification and return of investment over time. Pre/post interviews showed that the platform, with historical propagation functionality, altered the users perception of both diversification and return, which indicates that it also has the potential to affect financial literacy. / Tidigare studier har visat att investerings-kunskap och motivation ökar när elever i en skolmiljö har tillgång till en inlärningsplattform för aktiehandel.  Detta examensarbete syftar till att ytterligare undersöka om en fristående online- aktie-inlärningsplattform, i sig, kan hjälpa icke-aktieinvesterare att förstå begrepp rörande finansiell kompetens. Arbetet försöker vidare identifiera vilken typ av systemfunktionalitet som är mest fördelaktig för nybörjaren när det gäller att förstå och tillämpa dessa begrepp.  För att utforska detta utvecklades inledningsvis en MVP (minimum viable product) lärplattform för aktiehandel så att nya funktioner kunde implementeras och modifieras fritt utan att begränsas av befintlig programvara. Utvecklingen skedde med hjälp av lean UX-metoden och Jobs To Be Done intervjuer. Av arbetet kunde man konstatera att funktionaliteten med att bara göra det möjligt för användarna att handla aktier (utan risk) inte hjälpte dem nämnvärt att förstå investerings-koncept och dra nya slutsatser.  Ny funktionalitet lades sedan till på inlärnings-plattformen i form av en historiepropagagerings-funktion. Funktionen låter användaren skapa en aktieportfölj och se vad portföljen skulle vara värd idag om den köptes tidigare. Detta gjorde det möjligt för användaren att snabbt och interaktivt se effekterna av diversifiering och resultatet av investeringar över tid. Pre / post intervjuer visade att plattformen, med historiepropagerings-funktionalitet, förändrade användarnas uppfattning om både diversifiering och avkastning, vilket indikerar att den också har potential att påverka finansiell kompetens.