THE EFFECT OF FINANCIAL LITERACY, MOTIVATION, MINIMUM CAPITAL, INCOME, AND RISK ON STUDENT INTEREST IN INVESTING AT CAPITAL MARKET

This study aims to examine the effect of financial literacy, investment motivation, motivation, income, and risk on interest in investing at the capital market. This type of research is descriptive quantitative. The population of this study is Indonesian students with the criteria for an active sample of students domiciled on the island of Java for the 2019-2023 academic year and who are currently/have taken majoring in financial management/entrepreneurship courses. Collecting data in this study using a questionnaire method with 150 respondents online. Data were analysed using regression analysis through IBM SPSS version 26 software; with data analysis techniques used in this study were classical assumption analysis and multiple linear regression analysis. The results of this study indicate that students' financial literacy, whether they have studied the capital market through formal educational institutions or non-formal education, greatly influences students' interest in investing in the capital market. Furthermore, minimum capital and motivation from themselves and others greatly influence students to invest in the capital market. Income owned by students and knowledge of capital market risks also affects Indonesian students' interest in investing in the capital market. This research also includes a discussion, limitations, recommendations, and conclusions.

Keywords: Financial Literacy, Motivation, Income, Minimum Capital, Risk, Investment Interest