FINANCIAL LITERACY LEVEL OF HIGHER EDUCATION ACADEMICIANS: EVIDENCE FROM BENGALURU

Financial Literacy and Financial Discipline lead to Financial Independence. This study examines the financial literacy level among higher education academicians in Bengaluru, focusing on three core dimensions: financial knowledge, financial attitude, and financial behaviour. A structured questionnaire based on OECD and NCFE frameworks was administered to 100 academicians through convenience sampling. Descriptive statistical analysis was employed to determine mean scores, standard deviations, and distribution patterns across items. Reliability of constructs was tested using Cronbach’s alpha, demonstrating satisfactory internal consistency. A t-test was performed to check the significance of the variables. Findings indicate that academicians exhibited a moderately high level of financial attitude and behaviour, while financial knowledge remained comparatively lower. The overall financial literacy index suggested that most respondents fell within the moderate to high literacy band. The study highlights implications for institutional financial capability building, curriculum redesign, and targeted financial education programs.