Financial Literacy of Masaryk University Students with Focus on Socially Disadvantages Citizens

The aim of this paper is to analyze the current level of financial literacy of Masaryk University (MU) students. The empirical survey was conducted among students of the Faculty of Economics and Administration MU. It included both full-time and combined-study students who enrolled in the courses "Basic Finance", taught in the Bachelor study program, and "Financial investment", which is offered to university students in the master's degree study program. The questionnaire survey was conducted within the Citi Foundation program and it was based on the project of "Empirical verification of university students' literacy", whose aim was to test the financial literacy of individual respondents, i.e. university students. The sub-objective was to identify suitable students who are skilled enough to disseminate voluntarily financial literacy within their communities and will focus primarily on socially disadvantaged citizens. For this reason, the initial questionnaire survey was modified to incorporate questions that can be closely connected with this group of socially disadvantaged citizens. The paper also addresses the issue of possible specific requirements and different approaches of financial literacy to a group of socially disadvantaged citizens. The first part focuses on the summary of theoretical knowledge, definitions and description of the basic concepts. The second part includes the research, which was conducted in the form of a questionnaire survey. The final part analyzes the results of the research.