The Factors That Influence Investment Decisions Among International Working Students in Ireland

Abstract

The primary goal of the study is to gain a comprehensive understanding of the factors influencing investment decisions among international working students in Ireland.

100 international working students make up the study's target audience. The main technique for gathering data is using a structured questionnaire. A convenient sample strategy was the sample plan used for the investigation. The quantitative study's data analysis objective was to combine regression analysis, ANOVA, and T-test using SPSS.

The first objective is to investigate international working students' level of awareness regarding the numerous investment platforms and their financial independence behaviour. The variables for the first objective is gold,Real Estate,Fixed Deposits,Mutual funds and Others. The tool for analysis is rank analysis.The result found that gold is the most preferred investment platform among the students.

Objective two is to examine the impact of international working students' demographic factors on investment decision criteria on more preferred investment alternatives in Ireland. The variables for measuring investment decision criteria are “In most cases, my investment decisions support my investment objectives.” My investment holding periods are spread over a long period.I have risk tolerance towards my investment decisions.,My reactions towards losses are normal, and I usually get the expected return on my investment decision.”

The demographic variables include gender, age. education and jobrole. The results are as follows. The results found that gender is significant in determining the investment decision criteria among international working students. Males have got the higher mean score on the investment decision criteria among international working students.Factors like age, education and job role do not impact the investment decision criteria.

Objective three is to evaluate the impact of behavioural factors and perceptions of international working students in Ireland towards financial investment.The tool for analysis is regression analysis. Thus, it is evident that anxiety and overconfidence directly impact financial investment. Other variables did not affect financial investment