Capabilities, well-being and intention to leave of financial accounting students

Abstract

Orientation: Student mental health and dropout, specifically in accounting education, is an important focus area for research.

Research purpose: This study investigated financial accounting students’ capabilities, well-being and intention to leave a higher education institution.

Motivation for the study: The well-being of financial accounting students in South Africa is crucial because of academic pressures, socio-economic challenges and employability concerns. Fostering students’ holistic development enhances academic performance and job readiness. However, there is a critical lack of understanding of the relationship between students’ capabilities, well-being and intention to leave. Addressing this gap is essential for creating inclusive support systems that promote students’ resilience, retention and long-term success.

Research approach/design and method: A cross-sectional survey was used with a sample of 102 financial accounting students. The participants completed four measuring instruments: the Capability Set for Work Questionnaire, the Cynicism Scale of the Burnout Assessment Tool (BAT), the Mental Health Continuum – Short Form and the Intention to Leave the University.

Main findings: The capability set of financial accounting students was negatively associated with cynicism and positively related to social well-being (SWB). High levels of cynicism and low emotional well-being (EWB) significantly impacted students’ intentions to leave. Finally, a strong capability set and low cynicism were associated with flourishing and a low intention to leave.

Practical/managerial implications: Higher education institutions should enhance students’ capabilities by fostering knowledge application, meaningful relationships and valuable contributions to improve SWB and reduce cynicism. Prioritising EWB through intervention programmes is crucial for student retention.

Contribution/value-add: This study’s findings provide scientific evidence of the relationship between capabilities, well-being and intention to leave among financial accounting students.