The Effect of Financial Literacy, Investment Knowledge, and Minimum Capital on Student Interest in Investing in the Capital Market

Abstract

Investment interest is a person's intense desire to learn everything about investing. The aim of this study is to examine the effect of financial literacy, investment knowledge, and minimum capital on student interest in investing in the capital market. The quantitative method of distribution of questionnaires was utilized for the research. The population in this study consisted of 3,743 students from the Faculty of Economics and Business at Universitas Pembangunan Nasional "Veteran" Jawa Timur, with a sample size of 100. The sample was drawn using the proportional stratified random sampling method using the Slovin formula. The data analysis method used was Partial Least Squares (PLS). According to the study's findings, financial literacy and minimum capital has an effect on investment interest. Meanwhile, investment knowledge has no effect on investment interest.