Capital Market Financial Literacy for Students of the Riau Banking Vocational School

Abstract

The National Survey on Financial Literacy and Inclusion (SNLIK) consistently reports low capital market literacy in Indonesia. In 2019, the capital market sector recorded the lowest literacy level at 4.29%, with the 15–17 age group also showing low literacy at 15.92%. This figure declined to 4.11% in 2022, and the 2024 SNLIK confirmed that adolescents aged 15–17 continue to have limited financial literacy and inclusion. This indicates that most teenagers lack sufficient knowledge of the capital market, despite its importance for empowerment, welfare, consumer protection, and financial inclusion. To address this issue, the Investment Gallery of the Faculty of Economics and Business, Lancang Kuning University, implemented a Community Service (PKM) program at Riau Banking Vocational School in Pekanbaru. The program applied pre-tests, lectures, discussions, and post-tests. The results show an improvement in students’ capital market literacy from 1.77 (very poor) to 4.14 (good), demonstrating the effectiveness of the program.