Izvestiya of Saratov University.

Economics. Management. Law

ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)

For citation:

Novokreshchenova I. G., Krasnovа O. V., Efremova N. A. A study of medical students’ financial literacy: A competence-based approach. Journal Izvestiya of Saratov University. Economics. Management. Law, 2026, vol. 26, iss. 1, pp. 26-40. DOI: 10.18500/1994-2540-2026-26-1-26-40, EDN: CEBTGU

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Language: 
Russian
Heading: 
Economic
Article type: 
Article
UDC: 
330.148:378
DOI: 
10.18500/1994-2540-2026-26-1-26-40
EDN: 
CEBTGU

A study of medical students’ financial literacy: A competence-based approach

Autors: 
Novokreshchenova Irina G., V. I. Razumovsky Saratov State Medical University
Krasnovа Oksana Krasnova V., Saratov State Technical University named after Gagarin Yu. A.
Efremova Natalia A., V. I. Razumovsky Saratov State Medical University
Abstract: 

Introduction. The article describes a five-year study of the medical university students’ financial literacy level, with the aim of determining future trajectories of educational activities to develop a financial culture of behavior. Theoretical analysis. In the current paradigm of higher education development, it is generally accepted that the implementation of the universal competence from the category “Economic Culture, Including Financial Literacy,” presented in all Federal State Educational Standards of Higher Education of the Russian Federation, should be carried out equally for all specialties. This implies the presence of subjects in the curriculum, with didactic characteristics that cover all indicators of competence. However, for medical students, a situation is observed where some indicators or their components are not implemented at all or are implemented only partly; this mainly applies to indicators related to financial literacy. As a result, medical school graduates often lack the knowledge, skills, and abilities necessary to develop their financial culture to an appropriate level. Empirical analysis. The study of medical students’ financial literacy was based on the monitoring conducted from 2021 to 2025 by the Department of Economics and Management of Healthcare and Pharmacy at Saratov State Medical University named after V. I. Razumovsky. For this purpose, a questionnaire was developed, consisting of 15 questions for self-assessment of the main components of knowledge and skills: personal budget and financial planning; personal savings management; financial services: personal budget and financial planning; personal savings management; financial services: bank deposits, loans, bank cards; investment documents; wage system; pension provision; insurance instruments; taxation; personal data protection. 2270 1st and 2nd year medical students participated in the survey. Results. Future profession specifics predetermines some features of the economic and managerial competencies formation among medical students, which involves an integrated approach that goes beyond university studies and develops a culture of financial behavior.

Key words: 
financial literacy
financial culture
medical university students
economic and managerial competencies
universal competencies
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Received: 
03.01.2026
Accepted: 
10.01.2026
Available online: 
02.03.2026
Published: 
02.03.2026