MRP Proposal

By
Mihir Raval(MB035)
Title

Comparative study of Financial Planning

of Individual Employee
Objectives
• To study the perception of Financial Planning of Individual Employee
• To determine the pattern of their personal financial management.
Literature review
• Author: Mrs. Desai Deepali Kishor
• year: 2018
• Objective: Effect of financial literacy on personal financial management practices
• Major findings: This research project focuses on employees of financial institutions in Kenya and the
effect of personal financial literacy on their personal financial management practices
Literature review
• Author: Rishi Vyas
• Year: 2016
• Objective: to study the influence of empowerment, employee engagement, and organizational
commitment on performance of the financial management staffs

• Major findings: empowerment, employee engagement and organizational commitment had a

positive direct effect on employee performance. Empowerment and employee engagement had a positive
direct effect on organizational commitment. Empowerment have a positive direct effect on employee
engagement.
Literature review
• Author: Hiresh Luhar
• Year: 2019
• Objective: The influence of money attitude, financial practices, self-efficacy and emotion coping on
• employees’ financial well-being
• Major findings: households merely borrow or use credit for pur-chasing in order to smoothen their
consumption. Less secure and vulnerable current, and retirement stages would be the result among public
employees in Malaysia due to high household debts
Research methodology
• Research designed which I will go to take for this study is Descriptive Research Design.
➢ Data Collection Method.
1. Primary Data.
2. Secondary Data.

1. Primary Data: - Primary data will be obtained through Google Foam.

2. Secondary Data: - Secondary data is to collect for getting deep information about the topic and also
implemented by others or some case study or research paper.
Tools for analysis
• Wealth-creation tools for financial planning
 Dependent variables
• Retirement planning
• Money management
• Investment planning
• Estate planning
• Insurance planning
 Independent variables
• Gender
• Age
• Level of Education
• Occupation status & style
• Personal Income
• Other wealth factor
Thank You