Entrepreneurship as a Neglected Pitfall in Future Finnish Teachers’ Readiness to Teach 21st Century Competencies and Financial Literacy: Expectancies, Values, and Capability

The aim of this study was to examine entrepreneurship in the context of future Finnish teachers’ readiness to teach 21st century (broad-based) competencies. Teachers’ self-efficacy in teaching entrepreneurial skills and financial matters is vital for their pupils to actively participate and flourish...

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Main Authors: Mette Ranta, Milla Kruskopf, Marilla Kortesalmi, Panu Kalmi, Kirsti Lonka
Format: Article
Language:English
Published: MDPI AG 2022-07-01
Series:Education Sciences
Subjects:
Online Access:https://www.mdpi.com/2227-7102/12/7/463
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author Mette Ranta
Milla Kruskopf
Marilla Kortesalmi
Panu Kalmi
Kirsti Lonka
author_facet Mette Ranta
Milla Kruskopf
Marilla Kortesalmi
Panu Kalmi
Kirsti Lonka
author_sort Mette Ranta
collection DOAJ
description The aim of this study was to examine entrepreneurship in the context of future Finnish teachers’ readiness to teach 21st century (broad-based) competencies. Teachers’ self-efficacy in teaching entrepreneurial skills and financial matters is vital for their pupils to actively participate and flourish in future society. The study utilized survey data of future teachers’ expectancy-values in teaching seven broad-based competencies of the current national curriculum and their financial literacy. Future teachers expressed high interest in all competencies but reported the least self-efficacy and highest cost in teaching ICT as well as working life and entrepreneurship competencies. Teaching self-efficacy (TSE) in entrepreneurial competencies was predicted by subjective evaluations of financial capability and TSE in consumer skills. Teaching STEM subjects as well as male gender were related to better objective financial knowledge. We discuss the implications of observed financial capability, lack in self-efficacy, and high experienced cost of teaching these competencies. Support for future teachers’ readiness to teach working life skills, entrepreneurship, and financial literacy through phenomenon-based school subject collaboration, formal teacher training, and digital applications are emphasized.
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spelling doaj.art-bdea6023f36f4d5c82e3d5c936267ffa2023-11-30T23:05:13ZengMDPI AGEducation Sciences2227-71022022-07-0112746310.3390/educsci12070463Entrepreneurship as a Neglected Pitfall in Future Finnish Teachers’ Readiness to Teach 21st Century Competencies and Financial Literacy: Expectancies, Values, and CapabilityMette Ranta0Milla Kruskopf1Marilla Kortesalmi2Panu Kalmi3Kirsti Lonka4Faculty of Educational Sciences, University of Helsinki, 00100 Helsinki, FinlandFaculty of Educational Sciences, University of Helsinki, 00100 Helsinki, FinlandFaculty of Educational Sciences, University of Helsinki, 00100 Helsinki, FinlandSchool of Accounting and Finance, Economics, University of Vaasa, 65200 Vaasa, FinlandFaculty of Educational Sciences, University of Helsinki, 00100 Helsinki, FinlandThe aim of this study was to examine entrepreneurship in the context of future Finnish teachers’ readiness to teach 21st century (broad-based) competencies. Teachers’ self-efficacy in teaching entrepreneurial skills and financial matters is vital for their pupils to actively participate and flourish in future society. The study utilized survey data of future teachers’ expectancy-values in teaching seven broad-based competencies of the current national curriculum and their financial literacy. Future teachers expressed high interest in all competencies but reported the least self-efficacy and highest cost in teaching ICT as well as working life and entrepreneurship competencies. Teaching self-efficacy (TSE) in entrepreneurial competencies was predicted by subjective evaluations of financial capability and TSE in consumer skills. Teaching STEM subjects as well as male gender were related to better objective financial knowledge. We discuss the implications of observed financial capability, lack in self-efficacy, and high experienced cost of teaching these competencies. Support for future teachers’ readiness to teach working life skills, entrepreneurship, and financial literacy through phenomenon-based school subject collaboration, formal teacher training, and digital applications are emphasized.https://www.mdpi.com/2227-7102/12/7/463teacher trainingentrepreneurial skillsfinancial educationself-efficacy21st century competenciesFinland
spellingShingle Mette Ranta
Milla Kruskopf
Marilla Kortesalmi
Panu Kalmi
Kirsti Lonka
Entrepreneurship as a Neglected Pitfall in Future Finnish Teachers’ Readiness to Teach 21st Century Competencies and Financial Literacy: Expectancies, Values, and Capability
Education Sciences
teacher training
entrepreneurial skills
financial education
self-efficacy
21st century competencies
Finland
title Entrepreneurship as a Neglected Pitfall in Future Finnish Teachers’ Readiness to Teach 21st Century Competencies and Financial Literacy: Expectancies, Values, and Capability
title_full Entrepreneurship as a Neglected Pitfall in Future Finnish Teachers’ Readiness to Teach 21st Century Competencies and Financial Literacy: Expectancies, Values, and Capability
title_fullStr Entrepreneurship as a Neglected Pitfall in Future Finnish Teachers’ Readiness to Teach 21st Century Competencies and Financial Literacy: Expectancies, Values, and Capability
title_full_unstemmed Entrepreneurship as a Neglected Pitfall in Future Finnish Teachers’ Readiness to Teach 21st Century Competencies and Financial Literacy: Expectancies, Values, and Capability
title_short Entrepreneurship as a Neglected Pitfall in Future Finnish Teachers’ Readiness to Teach 21st Century Competencies and Financial Literacy: Expectancies, Values, and Capability
title_sort entrepreneurship as a neglected pitfall in future finnish teachers readiness to teach 21st century competencies and financial literacy expectancies values and capability
topic teacher training
entrepreneurial skills
financial education
self-efficacy
21st century competencies
Finland
url https://www.mdpi.com/2227-7102/12/7/463
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