MBA Dissertation Proposal
1. Introduction
in late 2000s finical market collapse and the resulting global recession have left an urgent need for knowledge and research about unemployment-finical markets, poverty and much more.it will be expected from the social scientist to examine the reseasons and cuases of the crisis,the resulting economic and social trouble, and solid solution.
It is very important to look backin the previsue recessions-to find out what happen, what plocy can be learned from the past, and how can we avoid some of the worst results of the past. this is very challenging research, but we are not definitely exploring it from the start
There are some other issues like people happiness and good and stable life,we can alos think about it(which were not actually on the researcher parametes in the previsue recessions but have drawn a noticeable attention in recent years)
This survey will provide a broad overlook of finding social and finicial research on imapst of reccesionm on housing industry and banking industry,its causeses, consequencesand imeediate polcies..its aim to be of”what we already know” and “what we need to know” about it.it is very important to find and answers for the future prosperity..
Title
Theory of economic suggest that how recession can lead towards the vulnerable finical conditions of any sector and it can triggered or worsen the conditions
A case study on the impact of recession on the banking as well as housing industries and how it effected the UK economic market
1. Rationale
Theory of economy suggest that when economy goes through different cycles and call decreasing gross national product(GDP) of the country is called recession, but in terms of economic recession many expert consider that significant decline in the economic progress throughout the country. Global recession is the period when global economy is slowdown. It is very difficult to defining a global recession because it is expected from the developing countries that have a higher GDP than developed countries.
This case study is about a Uk business market and its adverse result on the uk economy. Recession is not a new thing in 21st century, UK already have seen an adverse result in late 70s 1990s..Recession had fatal effect on all over the world. But researcher thinks that developed countries are more affected than developing countries. in 2010, The government officially announced that recession is over We should accept it that recession is over now?is it true? Or it is simply madeup stories?
It is particular believe that recession started in Dec 2007 in US and spreadout globally..briatian is a most effetect countery by recession.In late 20s recession, the financial market collapse and it had a worse impact on jobs,on pople lives and on business.this recseeion was very crule on many sector of ecomnomay,finical institutions and banks.briantain has now in recession for over a three years and.the british economay was officially accounced to be in recession January 2008.
In present time banks operate almost every business. Because of their wrong strategic plan, modern world has seen the worst economical disaster. Unregulated financial activity created valueless economical boom. But in final stage they paid the big price for it. Investor lost millions. People lost their savings. Some critic says, because of greedy bankers, working class people facing the bad situations. Even ex prim minister Mr brown supported critics statement. He said, “because of some greedy bankers we have been passing through the most drastic situation”
Banks are the finance provider to the other sectors to the growth of economy. This late 2000,s recession worsen the condition .mortgage rate was high they cut back loans and redundant people.
The problem was clear in late 20s recession when the international investors and domestic holders withdrawing their deposits and banks were cutting back loans. It was really hard for the client to find out a good mortgage deals.
In economical crises, property market is the most effected sector. It started in the USA in mid 2007(put the website address). Property market mainly get support from bank. But in financial crises, banks and mortgage firms was facing the significant problem. Therefore it was tough for buyers to manager mortgage. Investors were unable to maximise their profit because of uncertain market. These damage the overall housing sector. ( expert says ” ————–“)
1. Research Questions
The dissertation will aim to find answers the following research questions through the analytical techniques and the data collections.
1 what causes an economic recession. What are the effects of an economic recession on the financial sector?
2 what is the current scenario and what is the future of financial sector state of UK
Some of the finiacal compnies are not effected by recession?what are the strategis they adopted?
3 what are the short term and long term stattegises adopt by a business in the recent recession.
Research Methodology
The main objective of this analysis would be to examin the main cause of recession. The dissertation will discuses the economic condition of Uk banks and hosuing market.it will also analysis that what are the stategis that have been adopted by the finiacla sector.For the research methodoly it is imporanat bringing in related knowledge towards the uk recession and its impact towards the finical sector. negitievly or positively from wthin the case study interviews to be given by some uk small medium enterpriser and multinatianl corpotations, interviees will be of no less than hundread,theses are the ones who are effected by recession related therie loss of jobs and the status from thei employment from the uk busniss sectors.
Types of Data
The main type of Data will be collected for this purpose of this report are as follows.
Primary Data
Primary data is the information which is coleected by the researcher from his own primary data and analysis.this could be questionair-interviews observation,case study or critical incident.
The primary data,which is collected from the difrent source,could be either qualitative which looks at the explaination behind th given responses or quantitative whih is in the form of numbers and which can represent in the form of a graph or table.=
Questionnaires
A urvey question is a kind of survey where the information is collected with the intension of arriving at the different conclusions on an issue. This kind of survey will help the researcher to get impartial result and if required the researcher can predict an issue or advice changes.
Question will be divided to the employees,managers of a big finiacla companies of random banks,morgage companies and the housing sector. the question will be targeting a most specific issue of the discussion and each response would be analyse anagist each other. Survey may be deal with a variety of media(paper-electronic-verbal). Diffrent kind of method can be used internet,face to face,telephone and mails.. the population will be diviede in managers epmloyess and customers.
Interviews
Interview will be held on the spot with the people of different sectors.it could be either on phone or face to face.when the respondent meets the interweee over the phone or dirclty and anwer some circumstantial questions relating to circumstantial issue.this kind of interviews are more advantageous since not only respondent can convey theselves and interview can ask to elucidate the answer.
Secondary Data
Seconday data is a information that is already available.this could be include books,reviews,press releases,newspaper,news bulletin or reports etc.
Again secondary data collected could be either quantitative or qualitative.it depends on the source and type of the information collected.
Sampling method
Data analysis
There are two major approaches to anylsis the data and collect an information qualitative and quantitative research method.sometime required information is already avaibale and require only be pullout.however,in the analysissometime information must be collected.this kind of research will call back the second approach.the research need to be coleected and and it is not already avalible.the research mainly rely on the primary data..the nature of the problem,which researcher will explore in this report is suitable for both research methods.the secondary data in this research will be pull out from,reports, books journals,e-journals-internet websites-companies websites,articales and every other wrriten source of data researcher can get.
AS primary data will becoleected through interviews and questions,then all of the collected data will be analysis to accomplisg the objectives and aims of the dissertation
Qualitative Research Technique
Qualaitative research means to know the why,not the,how,whichis collected by many methods like interviews,feedback,forms-emails. Qualitative research is used to understand how people feel and they think-depth interviews or group discussions are two common methods to used for collect qulitaive information. This case study is about a Uk business market and its adverse result on the uk economy.
Quantitative Research Technique
Quantitave research technique where a research method depends less on interviews-questions,observations but it is more focused on the numerical data and satistic collection and anaylis.information collected from the finicl sectors banks morgae companies will be combined together and put into tables and graphical charts to view the opinion on difrent topics and to review overall reponses.
1. Limitations of the Study
Validatity and reliability
Validity directs to the truthfulness and acurrcy of the research.research data may be mislead if a question will be misinterpreted or mis understand.Reliabilty is a various stastistical tests.there is another way to test the reliability is to ask a same question with fifrent wordingin the research survey.it will help to collect a right data.data may be mislead if the interviewee gives a judgment instead of straight facts.therefore repodent will be bound in many ways from freely expressin views with the help of close ended questions.
Interviewing
It may b challenging to finding the right person at the right time.because of the current economic condition.a finicial sectors would be face with the difrrent chaleeges and then an inewie for an academic research could end up a long way wait.
Confidentiality
As the business market is very competitive and the fact is that bit information about the company can give a rise to the competitors,a company might not want to share data. Although a confiditalty agreement will be signed and dicalimer will be issued.
Response times
The respopse time to the qustionstre and interview setting mostly rely on how busy the management and staff are at the research time. This might make collection process more lengthy
Recent external factors
Economical changes have a direct impact on the fincial sectors and therefore theses changes have impact on their staffs aswell.it is possible that feed back could be more a response to the recent external changes and not because of the business to ensure employees are happy and content.
1. Time Scale Planning
I am planning to go through my dissertation based on the following time plan.
Activities
Submission of Initial literature review and dissertation proposal
Examination and Feedback on Proposal
Further Literature review & formulation of Interview/Questionnaire
Qualitative Research/ Survey
Data Analysis & Formulation of Conclusion
Value Addition and improvement(if required)
Finalisation and submission of Dissertation