Cátia Rosário – Universidade Lusófona de Humanidades e Tecnologias, Campo Grande, 1749-024 Lisboa, Portugal and Governance, Competitiveness and Public Policies (GOVCOPP); Universidade de Aveiro, Campus Universitário de Santiago, 3810-193 Aveiro – Portugal
Ana Lorga da Silva – Universidade Lusófona de Humanidades e Tecnologias, Campo Grande, 1749-024 Lisboa, Portugal and Escola Superior Naútica Infante D. Henrique, Av. Eng. Bonneville Franco, 2770-058 Paço de Arcos – Portugal
António Augusto Costa – Universidade Lusófona de Humanidades e Tecnologias, Campo Grande, 1749-024 Lisboa, Portugal
7th International Scientific-Business Conference – LIMEN 2021 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – CONFERENCE PROCEEDINGS, Online/virtual, December 16, 2021, published by the Association of Economists and Managers of the Balkans, Belgrade; Printed by: SKRIPTA International, Belgrade, ISBN 978-86-80194-54-7, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.2021
Over the past few years, the number of young people who choose to invest their savings in the financial markets has increased – investments such as savings accounts and treasury bonds where there is a guarantee of return on invested capital. They also invest in stocks, options, futures, swaps, bitcoins, among other financial products with different levels of risk. For investments to be made with relative safety, an adequate level of financial literacy is essential. Related to the concept of financial literacy is the concept of risk. In this study, a questionnaire was applied, and it had a dual purpose: to measure the level of financial literacy and measure the degree of financial risk aversion. The questionnaire was applied to students of the business management course at the Lusófona University; most respondents have financial knowledge and are not risk averse, which can be attributed to their area of study.
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