Behind the choices: Loss aversion's impact on students' course selection

Zaiton Osman and Izyanti Awang Razli and Phang Ing @ Grace (2023) Behind the choices: Loss aversion's impact on students' course selection. Malaysian Journal of Social Sciences and Humanities (MJSSH), 8. pp. 1-11. ISSN 2504-8562

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Abstract

This study investigates how the concept of loss aversion affects the decision-making process of students when they choose their courses at Universiti Malaysia Sabah. The primary focus of this research is to understand the impact of factors such as individual interests, career aspirations, and the reputation of lecturers on the degree of loss aversion experienced by students during their course selection. To gather data, the study employed purposive sampling, targeting third-year students from ten different academic programs. Questionnaires were administered, and data analysis was carried out using SPSS version 28 and SmartPLS 4.0. The findings of the study highlight a noteworthy negative correlation between students' career aspirations and the presence of loss aversion in their course selection decisions. Simultaneously, the research indicates that personal interests and the reputation of lecturers do not exert a significant influence on the manifestation of loss aversion in course selection among students at Universiti Malaysia Sabah.

Item Type:	Article
Keyword:	Loss Aversion , Interest , Career Aspiration , Lecturer Reputation , Course Selection , Students
Subjects:	H Social Sciences > HB Economic theory. Demography > HB1-3840 Economic theory. Demography H Social Sciences > HG Finance > HG1-9999 Finance > HG201-1496 Money
Department:	FACULTY > Faculty of Business, Economics and Accounting
Depositing User:	ABDULLAH BIN SABUDIN -
Date Deposited:	22 Jan 2024 10:50
Last Modified:	22 Jan 2024 10:50
URI:	https://eprints.ums.edu.my/id/eprint/37993

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