Comparing 15-Year-Old Students Who Expect to Work in Finance: An Analysis Using PISA 2015 Financial Literacy Data. An AIR Research Brief

American Institutes for Research. 1000 Thomas Jefferson Street NW, Washington, DC 20007. Tel: 202-403-5000; Fax: 202-403-5001; e-mail: [email protected]; Web site: http://www.air.org

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High School Students; Occupational Aspiration; Finance Occupations; Money Management; Knowledge Level; Student Characteristics; Parent Background; Gender Differences; Socioeconomic Status; Career Choice; Foreign Countries; Comparative Education; Expectation; Achievement Tests; International Assessment

Brazil; Spain; United States; Russia; Chile; Lithuania; Poland; Italy; Slovakia; Canada; Netherlands; Peru; China

This brief compares 15-year-old students who reported career expectations in finance in 13 education systems that participated in the financial literacy assessment of the 2015 Program for International Student Assessment (PISA). It explores selected demographic characteristics of these students and the association between students' finance career expectations and their financial literacy performance. Across the participating education systems, 3% of the 15-year-old students expected to work in finance as adults, and 13% have at least one parent working in finance. In some education systems, the results also identify differences in the percentage of students who expected to work in finance by gender or socioeconomic status. The findings provide a cross-national picture of students' finance career expectations. They contribute to the existing literature by using data from the PISA (2015) financial literacy assessment. [The research, data, figures, and findings in this summary publication are based exclusively on "A Comparative Profile of 15-Year-Old Students Who Expect to Work in Finance: An Analysis Using PISA 2015 Financial Literacy Data. Research Note" (ED606241).]

As Provided

2020

ED606246