Get the complete project »
- The Complete Research Material is averagely 52 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦4,000
1.1 BACKGROUND OF THE STUDY
Spending is referred to the total expenditure of an individual, government or an organization.
Having said this, government can spend money for projects like building of schools, construction of roads, establishments of electricity, etc. and these erupt development in our country. Parents also cater for the need of their children and enrich them with huge sums of money as pocket money. Some of the student’s need which propels them to spend could be enumerated thus: school fees, hotel fees, feeding, transport fares, drinks and educational materials, etc.
Taking you years back, Nigeria had a good economy. Government and parents spent much of their money without any pains. Students at that time used money recklessly because there was a good economy and balanced with monetary value in the market.
From 1980 till now, we have been experiencing our increasing an unexpected inflation of goods
By carrying out this study within the context of a tertiary institution, this paper contributes to the growing body of literature on the analysis of student’s expenditure. To my knowledge, there has been no prior research of personalfinance habits conducted on a tertiary institution’s population. Previous studies such as that of Cummins et al. (2009), indicates a geographic factor that may play into the development of financial habits. Certain regions may encourage particular behaviors, resulting in location-specific effects, especially if students selected to participate are mostly from that homogenous population. The implementation of this study specifically using individuals from various ethnicities allows for greater applicability that is representative of colleges with a diversified student body representation. This paper highlights the impact of cultural norms that inevitably impact the establishment of spending behaviors, many of which are all appropriated based on differing social norms across the globe. As this topic is relevant across various continents, there is increasing desire to further the examination of financial habits among college-aged individuals.
A majority of the literature reviewed focuses on demographic factors or socially constructed models of consumption to explain spending behavior. However, there is very limited knowledge on the applicability of existing economic theories that explain consumers’ spending habits, particularly within the setting of college students. As such, contributions can be made from this study’s attempts to draw connections between university level spending and theories of Hyperbolic Discounting and the Permanent Income Hypothesis.
Subsequent sections of this paper are organized in the following manner: Section II provides a framework of pertinent literature to contextualize the existing findings on college students’ spending and saving habits; Section III includes methodology and data, where a description of the survey questionnaire is provide along with data collection methods; Section IV provides results from the regression analysis; Section V is a discussion, which draws conclusions and relates findings from the study back to existing literature; and Section VI concludes with final remarks and policy implications.
1.2 PROBLEM STATEMENT
There is a limited amount of research that has investigated students expenditure in tertiary institutions in regard of being efficient, productive, and accountable in the use of financial resources. There are some measurable goals that are commonly used as indicators of student’s financial management performance such as first-year and six-year (Promades, 2012). There is a need to explore how much the different components of institutional expenditure affect such performance indicators. This study aimed at fulfilling this need and providing a better understanding of resource allocation patterns that might be related to improved financial management among students in different types of tertiary institutions in Nigeria.
1.3 OBJECTIVES OF THE STUDY
To figure out the factors that influence students expenditure in tertiary institutions
To identify the patterns of student’s expenditure in tertiary institutions?
To study the effect that different levels of student’s expenditure have on their academic performance?
1.4 RESEARCH QUESTIONS
1. What are the factors that influence student’s expenditure in tertiary institutions?
2. What are the patterns of student’s expenditure in tertiary institutions?
3. What effect do the different levels of student’s expenditure have on their academic performance?
1.5 SIGNIFICANCE OF THE STUDY
In an environment of economic challenges and budgetary constraints, students of tertiary institutions are required to reconsider their patterns of resource allocation in order to achieve their goals and improve their performance within the available financial resources. This study investigated the impact of resource allocation on student’s performance. Results of the study may be utilized as guidelines for new resource allocation patterns that help improve management of finances. The findings of this study will provide information that would help students, parents and decision makers to set up a system that will aid in adequate management and allocation of resources among students in campus.
This study is limited to the targeted population students of tertiary institutions characterized by institutional control (public or private-not-for-profit) and colleges. The findings of this study may not apply to institutions of other categories such as community colleges, private-for-profit institutions, associate colleges, special focus institutions, and tribal colleges.
1.7 DEFINITION OF TERMS
It is the social or professional position of somebody in relation to others:
Income: This is the earning of an individual in taking part in production of goods and services.
Expenditure is broken into meaningful and logical categories namely:
It is anything we eat for the nourishment and growth of the body.
B Clothing and Foot-Wears
Clothing are those things that we use to cover our body because of cold and diseases. While foot – wears are those things that we wear on our feet so as to prevent us from wound and diseases.
It is either alcoholic or non-alcoholic liquor.
These include such thing as powder, pomerde, up-sticks, eye-pencil, etc.
E. Educational Materials
These are materials used for academic works like books, mathematical sets, drawing sheets, calculators, etc.
This includes field-works, research – work, term paper, etc.
It is occupation for one’s leisure time, for example reading, sports and listening to music.
This includes film show, parties, cinema, which we use for enjoyment and relaxation of the body.
1.8 ORGANIZATION OF WORK
The purpose of this study is to analyze student’s expenditure in tertiary institutions in different schools characterized by institutional control (public and private-not-for-profit) and colleges. Chapter 2 included an overview of the literature and research related to institutional expenditures and performance indicators. Chapter 3 described the methods utilized to conduct the study. Chapter 4 presented the results and findings of the study. Chapter 5 presented the conclusions of the study and discussed the implications of the findings for institutional leaders.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
SIMILAR STATISTICS FINAL YEAR PROJECT RESEARCH TOPICS
1. STATISTICAL ANALYSIS ON EDUCATION TRUST FUND ALLOCATION TO TERITIARY INSTITUTION IN SIX GEO-POLITICAL ZONES OF NIGERIA (1999-2007)» ABSTRACT In this project entitled statistical analysis on education trust fund allocation to tertiary institutions in six geo political zones of Niger...Continue Reading »
2. EFFECT OF FEATURE SELECTION AND DATASET SIZE ON THE ACCURACY OF NAÏVE BAYESIAN CLASSIFIER AND LOGISTICS REGRESSION» ABSTRACT Binary Logistics Regression and Naïve Bayesian classifier are two of the common classification modelling techniques that allow one to pr...Continue Reading »
3. STATISTICAL ANALYSIS OF CRIMINAL OFFENCES RECORDED IN BENIN – EDO STATE (FCT) FROM 1999 – 2007 (A CASE STUDY OF BENIN POLICE DIVISIONAL HEADQUAR...» ABSTRACT Statistics is playing an important role in virtually all aspect of human life. This role is used to analyze a project, which is aimed at anal...Continue Reading »
» Abstract More than a decades ago, a new general family of continuous distribution known as beta G Distribution was proposed. This new generator has be...Continue Reading »
5. STATISTICAL ANALYSIS ON INFLATION RATE IN NIGERIA (A CASE STUDY OF NATIONAL BUREAU OF STATISTICS 2010 - 2017)» ABSTRACT This project work focuses on the analysis of Inflation Rate in Nigeria from 2010 – 2017. The data used is a secondary data collected fr...Continue Reading »
» Abstract Several multivariate measurements require variables selection and ordering. Stepwise procedures ensure a step by step method through which th...Continue Reading »
7. MODELING CARDIAC OUT–PATIENT FLOW IN NNAMDI AZIKIWE UNIVERSITY TEACHING HOSPITAL (NAUTH) NNEWI WITH MONTE CARLO SIMULATION: AN APPLICATION ON QUEUEI...» ABSTRACT Cardiac outpatients are those with heart related diseases but are not on admission. In the present study, a stochastic approach was used for ...Continue Reading »
8. BAYESIAN ESTIMATIION OF SHAPE PARAMETER OF GENERALIZED INVERSE EXPONENTIAL DISTRIBUTION UNDER THE NON-INFORMATIVE PRIORS» Abstract In this research, the shape parameter of the Generalized Inverse Exponential Distribution (GIED) was estimated using maximum likelihood and B...Continue Reading »
» ABSTRACT TheNormal distribution is a very important and well known probability distribution for dealing with problems in several areas of life, howeve...Continue Reading »
» Abstract This study examined the birth pattern in the Federal Capital Territory (FCT) using the University of Abuja Teaching Hospital (UATH) as a case...Continue Reading »