Title: Perception Of Business Education Students On The Impact Of Investment Strategies On The Retirement Planning Of Employees In Niger Delta University, Bayelsa State
Authors: Dr. COMFORT G. Surveyor
Volume: 9
Issue: 10
Pages: 118-125
Publication Date: 2025/10/28
Abstract:
This paper explored the perception of Business Education students on the impact of investment strategies on the retirement planning of employees in Niger Delta University, Bayelsa State. The research specifically focused on two objectives, and utilised a descriptive survey. A total population of 176 Business Education students was considered, from which a purposive sample of 156 students was drawn. Data were gathered through an instrument titled "Perception of Investment Strategies and Retirement Planning Questionnaire" (PISR-PQ). The PISR-PQ dependability was ascertained using Cronbach Alpha, yielding an internal consistency coefficient of 0.87. Of the 156 questionnaires administered, 123 were successfully retrieved and analysed using mean, standard deviation, and an independent samples t-test at a 0.05 level of significance. The results revealed that the students perceived both the diversified portfolio and target-date investing strategies as significantly impactful in enhancing employees' retirement preparedness. Furthermore, the study found no substantial disparity in the perception of male and female respondents relating to both strategies. These results suggest a commendable level of investment awareness among Business Education students, reflecting positively on the relevance of financial education in higher institutions. The study recommends that universities, particularly those offering Business Education programmes, should integrate practical retirement planning and investment strategy modules into their curriculum. Additionally, institutions should collaborate with financial professionals to conduct retirement-focused workshops and seminars for students, thereby fostering early adoption of sustainable financial planning practices that will benefit both their careers and future retirement outcomes.