The Role of Financial Literacy in Moderating the Influence of Self-Confidence and Independent Attitude on Entrepreneurial Interest

Abstract

This study is motivated by the low level of entrepreneurial interest among students of the Faculty of Economics and Business Education at the Indonesian University of Education. The study aims to examine the effect of self-confidence and independent attitude on entrepreneurial interest, with financial literacy as a moderating variable. The population consisted of 1,305 students who had completed the Entrepreneurship Course, from which 306 students were selected using a proportionate random sampling method. A quantitative approach, employing an explanatory survey method, was used, and the data were analyzed using SEM-PLS. The results indicate that self-confidence and independent attitude have a positive and significant effect on entrepreneurial interest, and financial literacy moderates the influence of both variables on entrepreneurial interest.