Abstract:
General Background: Financial literacy and self-efficacy are widely recognized as pivotal competencies in ensuring sound financial behavior, particularly among university students navigating financial independence. Specific Background: However, there is limited empirical research examining these variables within the context of Islamic higher education institutions in Indonesia. Knowledge Gap: Prior studies have insufficiently explored the intersection of financial knowledge, psychological confidence, and practical financial behavior in this demographic. Aims: This study investigates the relationship between financial literacy, self-efficacy, and financial management behavior among students of the Faculty of Islamic Economics and Business (FEBI) at the State Islamic University of North Sumatra. Results: Utilizing a sample of 98 students selected via the Slovin formula from a population of 4,300, data was gathered through Likert-scale surveys and analyzed using SPSS version 25. Novelty: The research integrates multiple linear regression with classical assumption and hypothesis testing to yield a comprehensive analytical perspective. Implications: Findings reveal that both financial literacy and self-efficacy significantly enhance students’ capacity for responsible financial management. This underscores the need for integrative educational strategies that simultaneously address financial knowledge and confidence-building to foster healthier financial behaviors in Islamic academic contexts.
Highlights:
Reveals a strong link between financial knowledge and spending habits.
Highlights self-efficacy as a key driver of financial responsibility.
Uses SPSS and robust statistical methods for valid conclusions.
Keywords: Financial Literacy, Self-Efficacy, Financial Behavior, Islamic University, Student Finance
References
Y. D. Gahagho, T. O. Rotinsulu, and D. Mandeij, "Pengaruh Literasi Keuangan, Sikap Keuangan dan Sumber Pendapatan Terhadap Perilaku Pengelolaan Keuangan Mahasiswa Fakultas Ekonomi dan Bisnis UNSRAT dengan Niat sebagai Variabel Intervening," Jurnal EMBA, vol. 9, no. 1, pp. 543–555, 2021.
J. H. Napitupulu, N. Ellyawati, and R. F. Astuti, "Pengaruh Literasi Keuangan dan Sikap Keuangan Terhadap Perilaku Pengelolaan Keuangan Mahasiswa Kota Samarinda," Jurnal Pendidikan Ekonomi, vol. 9, no. 3, pp. 138–144, 2021, doi: 10.26740/jupe.v9n3.p138-144.
Z. Sabrina and M. I. Harahap, "Pengaruh Financial Literacy dan Risk Perception Terhadap Keputusan Investasi Saham Syariah pada Mahasiswa FEBI UINSU," Jurnal Ilmiah Ekonomi Islam, vol. 10, no. 3, pp. 2819–2827, 2024.
D. R. Mulyadi, N. Subagio, and R. Riyadi, "Kemampuan Pengelolaan Keuangan Mahasiswa Pendidikan Ekonomi Universitas Mulawarman," Educational Studies Conference Series, vol. 2, no. 1, pp. 25–32, 2022, doi: 10.30872/escs.v2i1.1186.
T. I. F. R. Nisrina Salwa, "Pengaruh Literasi Keuangan dan Financial Technology Terhadap Inklusi Keuangan Mahasiswa UINSU," Jurnal Manajemen dan Akuntansi, vol. 33, no. 1, pp. 1–12, 2022.
S. Suwatno, I. P. Waspada, and H. Mulyani, "Meningkatkan Perilaku Pengelolaan Keuangan Mahasiswa Melalui Financial Literacy dan Financial Self-Efficacy," Jurnal Pendidikan Akuntansi dan Keuangan, vol. 8, no. 1, pp. 87–96, 2019, doi: 10.17509/jpak.v8i1.21938.
N. H. Lubis, "Pengaruh Literasi Keuangan Syariah, Digital Marketing, Word of Mouth dan Corporate Social Responsibility (CSR) Terhadap Minat Menabung Generasi Z pada Bank Syariah (Studi Kasus pada Mahasiswa S1 Perbankan Syariah UIN SU Tahun Akademik 2017)," Repositori UINSU, vol. 75, no. 17, pp. 399–405, 2021.
S. A. Nasution, Sugianto, and J. Nasution, "Perilaku Konsumsi Fashion Muslim di Era Digital dalam Perspektif Islam (Studi Kasus Mahasiswa FEBI UIN Sumatera Utara)," Jurnal Ilmiah Ekonomi Islam, vol. 10, no. 3, pp. 2854–2863, 2024.
K. Rindi and I. M. P. Adiputra, "Pengaruh Financial Self-Efficacy, Financial Knowledge, dan Locus of Control Terhadap Pengelolaan Keuangan Pribadi Mahasiswa Fakultas Ekonomi Universitas Pendidikan Ganesha," JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi), vol. 13, no. 3, pp. 769–778, 2022.
P. K. D. N. Luh, W. S. G. Agus, and Y. A. N. P. Putu, "Pengaruh Literasi Keuangan, Gaya Hidup Hedonisme, dan Pendapatan Terhadap Pengelolaan Keuangan Mahasiswa UNMAS," Jurnal EMAS, vol. 2, pp. 74–85, 2021.
Y. F. Febriyana and D. W. Yuanita, "Pondasi Perilaku Pengelolaan Keuangan Mahasiswa: Peran dari Literasi Keuangan, Lingkungan Sosial, dan Tingkat Penghasilan Orang Tua sebagai Pemoderasi," Jurnal Pendidikan Akuntansi, vol. 12, no. 1, pp. 33–45, 2024.
N. R. Sari and A. Listiadi, "Pengaruh Literasi Keuangan, Pendidikan Keuangan di Keluarga, dan Uang Saku Terhadap Perilaku Pengelolaan Keuangan dengan Financial Self-Efficacy sebagai Variabel Intervening," Jurnal Pendidikan Akuntansi, vol. 9, no. 1, pp. 58–70, 2021, doi: 10.26740/jpak.v9n1.p58-70.
Otoritas Jasa Keuangan, "SP OJK dan BPS Umumkan Hasil Survei Nasional Literasi dan Inklusi Keuangan Tahun 2024," OJK, pp. 1–6, 2024.
P. R. K. Sari and I. S. M. Sari, "Pengaruh Status Sosial, Pengelolaan Keuangan dan Kepribadian Terhadap Literasi Keuangan Mahasiswa," Jurnal Ekonomi dan Bisnis Indonesia, vol. 7, no. 1, pp. 8–11, 2022, doi: 10.37673/jebi.v7i1.1820.
S. S. Muda I, K. Kusmilawaty, and A. A. S. Simanjuntak, "Social Media E-Commerce Campaign and Paylater System on Impulsive Buying Behavior of Gen Z: An Islamic Economic Perspective," Pubtexto Journal of Economic and Business Studies, 2024.
D. R. Lathiifah and A. Kautsar, "Pengaruh Financial Literacy, Financial Technology, Financial Self-Efficacy, Income, Lifestyle, dan Emotional Intelligence Terhadap Financial Management Behavior pada Remaja di Kabupaten Ponorogo," Jurnal Ilmu Manajemen, vol. 10, no. 4, pp. 1211–1226, 2022.
S. N. Lubis, Nurbaiti, and S. Aisyah, "Pengaruh Perkembangan Fintech Terhadap Kemandirian Finansial Usaha Mikro dengan Literasi Keuangan dan Inklusi Keuangan sebagai Variabel Intervening," Jurnal Bina Bangsa Ekonomi, vol. 16, no. 2, pp. 602–618, 2023.
N. P. I. S. Wardani, E. Suryani, and I. N. Nugraha, "Financial Literacy, Self-Efficacy, dan Self-Esteem Terhadap Perilaku Manajemen Keuangan pada Pelaku UMKM dengan Gender sebagai Variabel Moderasi," JPIn Jurnal Pendidikan Indonesia, vol. 5, no. 2, pp. 129–146, 2022.
N. A. Pradinaningsih and N. L. Wafiroh, "Pengaruh Literasi Keuangan, Sikap Keuangan dan Self-Efficacy Terhadap Pengelolaan Keuangan Ibu Rumah Tangga," E-Jurnal Akuntansi, vol. 32, no. 6, p. 1518, 2022, doi: 10.24843/eja.2022.v32.i06.p10.
N. A. B. Rahmani, Metodologi Penelitian Ekonomi, Medan: UIN SU Press, 2016.
S. Rahmawati and M. A. Arfiansyah, "Faktor-Faktor yang Mempengaruhi Keputusan Penggunaan QRIS pada UMKM Kota Surakarta," MBIA, vol. 22, no. 3, pp. 435–449, 2023.
W. Seputri and M. Yafiz, "QRIS sebagai Alat Transaksi Digital Generasi Z: Analisis Faktor," Adzkiya: Jurnal Hukum dan Ekonomi Syariah, vol. 10, no. 2, p. 139, 2022. [Online]. Available: https://e-journal.metrouniv.ac.id/index.php/adzkiya/article/view/5259
V. Andriany and M. Zikri, "UTAUT’s Implementation of QRIS in the Preferences of the Community in West Sumatra," International Journal of Economic and Management Research, vol. 3, no. 3, pp. 1–15, 2024.
A. A. D. Dewi, "The Effect of Digital Payment on Generation Z’s Consumptive Behaviour," International Journal of Administration, Business and Organization, vol. 5, no. 3, pp. 75–85, 2024, doi: 10.61242/ijabo.24.321.