Mathematics in Education, Research and Applications (MERAA), 2024(10), 2

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Published online 2024-12-31
DOI:https://doi.org/10.15414/meraa.2024.10.02.64-71

Competences development in financial mathematics at the secondary technical school: case study

Dana Országhová, Dana Žiaková
Slovak University of Agriculture in Nitra, Slovakia; Secondary Technical School of Civil Engineering in Žilina, Slovakia

Article Fulltext (PDF), pp. 64–71: The need to educate students about finance and financial operations is a frequently discussed topic in today's society. How to manage money, create savings or invest it that is the important educational basis for students during school education. At secondary technical schools, the mentioned issue of financial mathematics has specified content with appropriate number of teaching hours within the study subject Mathematics. Main aim of this paper was the analysis of students’ knowledge from the topics of Financial Mathematics. In the contribution, it is presented an analysis of the point score in solving tasks on Financial Mathematics. The research group consisted of students of the 1st year at the secondary technical school in the school years 2021/2022 and 2022/2023. The analysis was processed using descriptive statistics and the Mann-Whitney U Test. Conclusions showed statistically significant differences in the point scores between students in relation to students’ gender and according to the school year. Nevertheless, students confirmed very good level of knowledge in financial topics. Mastering the basics of financial mathematics concerns all students at secondary schools, so that they could properly handle financial resources in practical cases.; Keywords: financial mathematics, study outcomes, test points score, descriptive statistics, statistical testing; JEL Classification: C50, D40, M10