International Journal of Academic Management Science Research (IJAMSR)   Year: 2019 | Volume: 3 | Issue: 2 | Page No.: 32-38 Knowledge As A Tool For Overcoming Adversity: Comparative Analysis of Financial Literacy Between Universiti Utara Malaysia and Universiti Malaysia Kelentan) Bashir Babangida Kurfi (903279), Dr. Abu Sufian B. Abubakar Abstract: Abstract: The study investigates the financial literacy levels among Malaysian university students, students studying at the Universiti Utara Malaysia (UUM) and Universiti Malaysia Kelentan (UMK) were used to form a good case study. The study used Descriptive analysis and adopted multi stage sampling; from cluster to simple random sample (SRS), used primary data by administering well structured and extensive financial literacy survey (questionnaire) and 908 were distributed and a total of 489 respondents returned completed questionnaires, 422 from UUM and 67 from UMK which gave a response rate of 54 percent. The result showed that on average 63.5 percent of the respondents answered the questions correctly, which is relatively good compared to the study by [3] in Australia (53 percent).The results showed that UMK students has the highest percentage of correct responses, the average score for UUM and UKM is statistically significantly different, the result revealed that UMK students scored better then UUM students which indicated that UMK students have a better understanding in the areas of risk & return and interest rate over UUM. The results revealed that both UUM and UMK students generally have positive behavior towards financial literacy which showed that both students are well informed when making financial decision. Findings of this study could be carefully considered by policy makers and other interest groups in Malaysia. The university students are the catalyst of the nation; it is crucial to investigate the level of financial literacy among these students and there is need for more effort in developing university curricula to improve the financial knowledge and skills of the university student particularly UUM students. However, this research could be used in future research as a pilot study.