EFFECT OF FINANCIAL STRESS ON ENTREPRENEURIAL INTENTION AMONG UNDERGRADUATES: A QUANTITATIVE STUDY

Entrepreneurial intention (EI) is an essential component of the entrepreneurship ecosystem that reflects the actual establishment of physical business. Entrepreneurial intention among undergraduates has gathered considerable research attention in recent years. Perhaps, numerous variables have been implicated in EI variation among the undergraduates. Thus, the purpose of this study was to investigate financial stress (FS) as a previously unexplored variable that could determine the variance in EI. Two hundred and eleven undergraduates were randomly drawn from different institutions of higher learning in Anambra State, Nigeria. Data for the study was gathered using the Financial Stress Scale- College Version (FSS-CV) and the Entrepreneurial Intention Questionnaire (EIQ). The findings revealed that financial stress predicted entrepreneurial intention. The practical implication and recommendations are discussed.