Purpose/aim: This study was carried out to
measure the level of financial literacy among the final
year students of four colleges under RUB and to identify
the impact of financial literacy (Financial Knowledge,
Financial Attitude, and Financial Management Skills) on
their saving behavior.
Methodology: Inferential statistic research design was
adopted for this study.32 quantitative based
questionnaires were distributed to all the final year
students of four colleges under Royal University of
Bhutan. They were requested to rate their level of
knowledge, attitude, skills and saving behavior.
Inferential Statistics and pie chart were used to generate
Results: The study found out that final year students of
Gedu College of Business Studies have high level of
financial literacy compared to other three colleges.
Further, the study reveals that financial literacy
(Financial Knowledge, Financial Attitude, Financial
Management Skills) possessed by final year students have
a significant impact on their saving behavior. However,
gender, age and family monthly income of the
respondents does not have significant difference on their
Conclusion: Based on the findings, policy makers should
integrate financial education as formal curriculum in all
the colleges that will enhance the students’ level of
financial literacy. The result of this research may inform
university authorities in encouraging the teaching of
financial literacy among university students
Keywords : Saving Behavior, Financial Literacy, Financial Knowledge, Financial Attitude, Financial Management Skills, Four RUB Colleges and Final Year Students.