Factors explaining the choice of a finance major: the role of students' characteristics, personality and perceptions of the profession
AbstractThis paper examines the role of student characteristics, personality, and perceptions of the banking and finance profession in determining the choice of an undergraduate finance major. The data employed is drawn from a survey of first-year business students at a large Australian university. Student characteristics examined include gender, secondary school studies in accounting, business and economics, grade point average and attendance mode. Perceptions of the banking and finance profession revolve around questions of overall interest, relationships of persons working within the profession, the manner in which the profession deals with problems and tasks, and the nature of these problems. A binary probit model is used to identify the source and magnitude of factors associated with a student's choice of major. The evidence provided suggests that the choice of a finance major is a function of students' overall interest in the profession, perceptions of how the profession deals with problems and tasks, the nature of these problems and tasks, mode of attendance and, to a lesser extent, gender. The study emphasizes the need to incorporate factors associated with students' personality and perceptions in analyses of this type.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Accounting Education.
Volume (Year): 12 (2003)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://taylorandfrancis.metapress.com/link.asp?target=journal&id=100103
Other versions of this item:
- Andrew Worthington & Helen Higgs, 2003. "Factors explaining the choice of a finance major: the role of students' characteristics, personality and perceptions of the profession," Accounting Education, Taylor and Francis Journals, vol. 12(3), pages 261-281.
- Andrew Worthington & Helen Higgs, 2001. "Factors Explaining the Choice of a Finance Major: The Role of Student Characteristics, Personality and Perceptions of the Profession," School of Economics and Finance Discussion Papers and Working Papers Series 088, School of Economics and Finance, Queensland University of Technology.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- John J. Siegfried & Michael K. Salemi, 1999. "The State of Economic Education," American Economic Review, American Economic Association, vol. 89(2), pages 355-361, May.
- William E. Becker, 1997. "Teaching Economics to Undergraduates," Journal of Economic Literature, American Economic Association, vol. 35(3), pages 1347-1373, September.
- Alex Millmow, 1995. "The Market For Economists In Australia," Economic Papers, The Economic Society of Australia, vol. 14(4), pages 83-96, December.
- Kathleen Goffey & Andrew Worthington, 2002. "Motor Vehicle Usage Patterns in Australia: A Comparative Analysis of Driver, Vehicle & Purpose Characteristics for Household & Freight Travel," School of Economics and Finance Discussion Papers and Working Papers Series 117, School of Economics and Finance, Queensland University of Technology.
- Beverley Jackling & Claude Calero, 2006. "Influences on Undergraduate Students' Intentions to become Qualified Accountants: Evidence from Australia," Accounting Education, Taylor and Francis Journals, vol. 15(4), pages 419-438.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.