Professional Documents
Culture Documents
Market Research Project
Market Research Project
Project Report
Guided By:
GROUP-5
Jayant Singh Raghav -128
Research Objective:
To understand the attitude, perception and interest of students towards IT industry?
To understand the various academic and financial requirements which will need to be met by
the college for introducing IT as a major’s specialization?
To know the performance of IT industry and its future prospects?
To know the current placement opportunities facilitated by the college and what additional
efforts would need to be put by the college for placing the concerned students?
Research Questions:
What is the total no. of students from the IT background?
What is the Total no. of students interested in taking IT as a Major Course?
What is the minimum no. of students required to introduce any course as a major’s?
How the IT industry has been performing over previous years?
What are the future prospects of the IT industry?
Does the institute have the required infrastructure facilities for the proposal?
What measures would need to be taken for increasing the awareness among the corporate
for final placements?
What subjects would need to be included in curriculum of IT majors to make it as
competitive as finance or marketing?
Would the offering of IT as majors will require any changes in the Fee Structure?
Relevant Variables:
1. No. of students interested in taking IT as a major’s,
2. Education Background
3. Placement scenario
4. Course design
5. Scope of MBA-IT
6. IT Lab
7. Infrastructure
8. Course Promotion
9. Faculty Requirement
10. Visiting Faculty
11. Extra Course Fee
12. IT Scenario- Global & Indian
13. Extra Cost
14. ‘Dominance’ of other specialization over IT
Hypothesis:
Rating for IT is less than rating for Finance and Marketing
No. of people going for IT as majors is independent of their perception for scope of IT
Number of people opting for IT is independent of number of people having IT
background
Placements is given more importance than course design & Background
Average Extra fee students are ready to pay for IT as major is less than 10,000/-
Research Methodology
• Primary Research
- Questionnaire
Sample Size = 50
H0 : µ₀≥ µ₁ , µ₀ ≥ µ₂
H1 : µ₀< µ₁ , µ₀ < µ₂
Z calculated Z Tabulated
Rating for
Finance Marketing IT
various
specialisations
(x1-x1
S.no. Name Finance Marketing IT (x2-x2barr)sqr (x0-x0barr)sqr
barr)2
standard deviation
finance 1.033
z value for
marketing 0.878 -5.881
Fin. & IT=
IT 0.826
variance
z value for
finance 1.068 -8.799
Mktg & IT=
marketing 0.772
IT 0.682
INTERPRETATION
Z calculated values are deep in rejection region.
Alternate Hypothesis:
No. of people going for IT as major depends on their perception for scope of IT
Scope of IT will
be good
Agree 10 2 12
Student will chose IT
uncertain 4 4 2 10
disagree 2 14 12 28
Total 16 20 14 50
agree-agree 3.84
agree-uncertain 4.8
agree-disagree 3.36
uncertain-agree 3.2
uncertain-uncertain 4
uncertain-disagree 2.8
disagree-agree 8.96
disagree-uncertain 11.2
disagree-disagree 7.84
e o o-e (o-e)2 (o-e)2/e
uncertain-uncertain 4 4 0 0 0
INTERPRETATION
Chi calculated 21.41
Alternate Hypothesis :
Strong 5 1 6
IT Background
Medium 4 3 1 8
Low 3 7 26 36
Total 12 10 28 50
strong-agree 1.44
strong-uncertain 1.2
strong-disagree 3.36
medium-agree 1.92
medium-uncertain 1.6
medium-disagree 4.48
low-agree 8.64
low-uncertain 7.2
low-disagree 20.16
E o o-e (o-e)2 (o-e)2/e Chi-Tab.
23.21925 9.48
INTERPRETATION
Chi calculated 23.21925
Rating for
Course
various Placement Edu. Backg.
Design
parameters
(x1-x1
S.no. Name Course Design Edu. Background Placement x2-x2barr x0-x0barr
barr)2
27 9 7 8 2.756 1.638
Standard deviation
Placement 1.897
Variance
Placement 3.599
We can say that students rate placement highly as compared to course design and
background
HYPOTHESIS-5 (Z-Test)
Average Extra fee students are ready to pay for IT as major is less than 10,000/-
H0 : µ₁ < 10,000/-
H1 : µ₁ ≥ 10,000/-
Average 8600
The No. of people going for IT as major depends on their perception for scope
of IT as most of them are of view that scope of IT is average.
Number of people opting for IT depends upon the number of people from IT
background
Students are not ready to pay more than 10,000 Rs. for taking IT as majors
Questionnaire
Name : ………………………………………………………….
Batch : …………………………………………………………..
Q4) Do you think IT background will help if you choose IT as a Major specialization?
a) Yes b) no
Q.5. what do you think about the scope of MBA-IT in Indian perspective will be good?
Q.6) Rate the following on the basis of scope for future growth and employment? (scale 1-10; 1=poor,
10=excellent)
Q.7) Rate the following factors which needs to be considered for choosing IT as a major specialization? (same
scale as Q.6)
a) yes b). No
Q.9) How much extra fees you are willing to pay for taking IT as major?
a). None b). less than 10000 c)10000-20000 d)more than 20000