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Article

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

1
Faculty of Educational Sciences, University of Helsinki, 00100 Helsinki, Finland
2
Business Administration, Laurea University of Applied Sciences, 01300 Vantaa, Finland
3
School of Accounting and Finance, Economics, University of Vaasa, 65200 Vaasa, Finland
*
Author to whom correspondence should be addressed.
Academic Editors: Jacinto Jardim and Maria José Sousa
Educ. Sci. 2022, 12(7), 463; https://doi.org/10.3390/educsci12070463
Received: 30 April 2022 / Revised: 15 June 2022 / Accepted: 27 June 2022 / Published: 4 July 2022
(This article belongs to the Special Issue Research and Trends in Entrepreneurship Education)
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. View Full-Text
Keywords: teacher training; entrepreneurial skills; financial education; self-efficacy; 21st century competencies; Finland teacher training; entrepreneurial skills; financial education; self-efficacy; 21st century competencies; Finland
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MDPI and ACS Style

Ranta, M.; Kruskopf, M.; Kortesalmi, M.; Kalmi, P.; Lonka, K. Entrepreneurship as a Neglected Pitfall in Future Finnish Teachers’ Readiness to Teach 21st Century Competencies and Financial Literacy: Expectancies, Values, and Capability. Educ. Sci. 2022, 12, 463. https://doi.org/10.3390/educsci12070463

AMA Style

Ranta M, Kruskopf M, Kortesalmi M, Kalmi P, Lonka K. Entrepreneurship as a Neglected Pitfall in Future Finnish Teachers’ Readiness to Teach 21st Century Competencies and Financial Literacy: Expectancies, Values, and Capability. Education Sciences. 2022; 12(7):463. https://doi.org/10.3390/educsci12070463

Chicago/Turabian Style

Ranta, Mette, Milla Kruskopf, Marilla Kortesalmi, Panu Kalmi, and Kirsti Lonka. 2022. "Entrepreneurship as a Neglected Pitfall in Future Finnish Teachers’ Readiness to Teach 21st Century Competencies and Financial Literacy: Expectancies, Values, and Capability" Education Sciences 12, no. 7: 463. https://doi.org/10.3390/educsci12070463

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