Today, we explore an innovative approach at the intersection of finance and technology: the integration of behavioral finance principles with virtual reality (VR) technology.
Finance surveys are dynamic tools that evolve alongside changes in the financial landscape, economic conditions, and societal trends. Their insights contribute to a deeper understanding of financial behaviors, guiding decision-makers and individuals toward more informed choices.
Keep in mind that the specifics of finance surveys can vary based on the survey's purpose, target audience, and the organization conducting the survey. The information provided here is a general overview of finance surveys and their significance.
EXTERNAL BEHAVIOURAL FACTORS IMPACT ON INVESTMENT DECISIONS OF INDIVIDUAL INV...indexPub
The study collects data from a sample of individual investors and analyses their responses to recent financial events, changes in market trends, and economic forecasts. By examining factors such as demographic profiles, financial literacy, risk tolerance, and market perceptions, the research aims to identify significant predictors of investment decisions in this demographic. The findings suggest that investors are predominantly influenced by financial news, peer influence, past investment performance, and the economic stability of the region. This study contributes to the field by highlighting the localized factors impacting investment choices and providing insights for financial advisors and investment firms to tailor their strategies according to investor needs and regional specifics.
To Understand the Eco-System in Digital Media Marketing.Saurabh Giratkar
Title of the Dissertation Report is “To Understand the ecosystem of digital media marketing” and Objectives of the Dissertation are to understand the change in consumer buying behavior in digital era. Methodology used for achieving these objectives is a exploratory research. For achieving the objective, I have done one research using an online questionnaire. The title for the research is “Understand the consumer buying behaviour of Indian in digital era”.
Main findings of this Dissertation are given here. Indian customers are highly information seekers. They collect more information about a product before buying it. Internet penetration in India is key player for this phenomenon. Most of Indians are getting stimulus through advertisements, but they are not reaching to end phase of customers purchase journey, mainly in high involvement purchases. Brands are getting more touch point to reach their target group in this digital era. More details about findings are given this report.
The successful completion of this Dissertation indicates that the future of marketing is in the hands of digital. I conclude my research by quoting again that “Brands can’t sustain without digital presence”
Advertising in business is a form of marketing communication used to encourage, persuade, or manipulate an audience to take or continue to take some action. Most commonly, the desired result is to drive consumer behaviour with respect to a commercial offering. Advertising is defined by Richard F. Taflinger as “Advertising is the non-personal communication of information usually paid for and usually persuasive in nature about products, services or ideas by identified sponsors through the various media."
Relationship between Entrepreneurial Marketing and Return-on-Investment Perfo...IJAEMSJORNAL
This paper examined the relationship between entrepreneurial marketing and return-on-investment performance of the reed broom suppliers and manufacturers in San Antonio, Nueva Ecija. A quantitative research design was used in this study and the data were collected through a Likert-scale questionnaire. The data were analyzed using appropriate statistical tools and performed with computerized data analysis tools. Findings revealed that all the dimensions of entrepreneurial marketing (EM); proactiveness, calculated risk-taking, innovation-focus, opportunity-focus, customer intensity, resource leverage and value creation have positive relationships to the return-on-investment (ROI) performance of the reed broom suppliers and manufacturers in San Antonio, Nueva Ecija. It is recommended therefore that reed broom suppliers and manufacturers must be highly proactive, take a calculated risk, focus both on innovation and opportunity, demonstrate customer intensity, leverage their resources and create value for their customers in order to improve their return-on-investment performance.
This document discusses risk management practices in the Indian banking system and supervision by the Reserve Bank of India (RBI). It provides an overview of the types of risks banks face, including credit, market, and operational risks. The document also summarizes several academic studies that have examined relationships between macroeconomic variables, bank performance, and risk. Overall, the document analyzes current risk management practices of banks in India as directed by RBI guidelines and regulations.
Evaluating Your Innovation Practice Using Future ScenariosKamal Hassan
The document discusses evaluating innovation through developing future scenarios. It defines trends and scenarios, with trends representing emerging changes and scenarios being possible future stories based on trends. The presenter provides a framework for grouping trends into drivers and solutions, and assessing their impact and certainty. Two sample scenarios for the banking industry are outlined based on emerging trends: Context Banking, where banks deeply integrate into customers' lives, and Deregulated Banking, where alternative digital currencies challenge conventional currencies and banks. The document stresses using scenarios to evaluate an organization's current innovation strategy and identify gaps to build an optimal strategy to succeed in different possible futures.
Innovation 360 Webinar: Evaluating Your Innovation Practice Using Future Scen...Innovation 360
The document discusses evaluating innovation through developing future scenarios. It defines trends and scenarios, with trends representing emerging changes and scenarios being possible future stories based on trends. The presenter provides a framework for grouping trends into drivers and solutions, and assessing their impact and certainty. Two sample scenarios for the banking industry are outlined based on emerging trends: Context Banking, where banks deeply integrate into customers' lives, and Deregulated Banking, where alternative digital currencies challenge conventional currencies and banks. The document stresses using scenarios to evaluate an organization's current innovation strategy and identify gaps to build an optimal strategy to succeed in different possible futures.
Finance surveys are dynamic tools that evolve alongside changes in the financial landscape, economic conditions, and societal trends. Their insights contribute to a deeper understanding of financial behaviors, guiding decision-makers and individuals toward more informed choices.
Keep in mind that the specifics of finance surveys can vary based on the survey's purpose, target audience, and the organization conducting the survey. The information provided here is a general overview of finance surveys and their significance.
EXTERNAL BEHAVIOURAL FACTORS IMPACT ON INVESTMENT DECISIONS OF INDIVIDUAL INV...indexPub
The study collects data from a sample of individual investors and analyses their responses to recent financial events, changes in market trends, and economic forecasts. By examining factors such as demographic profiles, financial literacy, risk tolerance, and market perceptions, the research aims to identify significant predictors of investment decisions in this demographic. The findings suggest that investors are predominantly influenced by financial news, peer influence, past investment performance, and the economic stability of the region. This study contributes to the field by highlighting the localized factors impacting investment choices and providing insights for financial advisors and investment firms to tailor their strategies according to investor needs and regional specifics.
To Understand the Eco-System in Digital Media Marketing.Saurabh Giratkar
Title of the Dissertation Report is “To Understand the ecosystem of digital media marketing” and Objectives of the Dissertation are to understand the change in consumer buying behavior in digital era. Methodology used for achieving these objectives is a exploratory research. For achieving the objective, I have done one research using an online questionnaire. The title for the research is “Understand the consumer buying behaviour of Indian in digital era”.
Main findings of this Dissertation are given here. Indian customers are highly information seekers. They collect more information about a product before buying it. Internet penetration in India is key player for this phenomenon. Most of Indians are getting stimulus through advertisements, but they are not reaching to end phase of customers purchase journey, mainly in high involvement purchases. Brands are getting more touch point to reach their target group in this digital era. More details about findings are given this report.
The successful completion of this Dissertation indicates that the future of marketing is in the hands of digital. I conclude my research by quoting again that “Brands can’t sustain without digital presence”
Advertising in business is a form of marketing communication used to encourage, persuade, or manipulate an audience to take or continue to take some action. Most commonly, the desired result is to drive consumer behaviour with respect to a commercial offering. Advertising is defined by Richard F. Taflinger as “Advertising is the non-personal communication of information usually paid for and usually persuasive in nature about products, services or ideas by identified sponsors through the various media."
Relationship between Entrepreneurial Marketing and Return-on-Investment Perfo...IJAEMSJORNAL
This paper examined the relationship between entrepreneurial marketing and return-on-investment performance of the reed broom suppliers and manufacturers in San Antonio, Nueva Ecija. A quantitative research design was used in this study and the data were collected through a Likert-scale questionnaire. The data were analyzed using appropriate statistical tools and performed with computerized data analysis tools. Findings revealed that all the dimensions of entrepreneurial marketing (EM); proactiveness, calculated risk-taking, innovation-focus, opportunity-focus, customer intensity, resource leverage and value creation have positive relationships to the return-on-investment (ROI) performance of the reed broom suppliers and manufacturers in San Antonio, Nueva Ecija. It is recommended therefore that reed broom suppliers and manufacturers must be highly proactive, take a calculated risk, focus both on innovation and opportunity, demonstrate customer intensity, leverage their resources and create value for their customers in order to improve their return-on-investment performance.
This document discusses risk management practices in the Indian banking system and supervision by the Reserve Bank of India (RBI). It provides an overview of the types of risks banks face, including credit, market, and operational risks. The document also summarizes several academic studies that have examined relationships between macroeconomic variables, bank performance, and risk. Overall, the document analyzes current risk management practices of banks in India as directed by RBI guidelines and regulations.
Evaluating Your Innovation Practice Using Future ScenariosKamal Hassan
The document discusses evaluating innovation through developing future scenarios. It defines trends and scenarios, with trends representing emerging changes and scenarios being possible future stories based on trends. The presenter provides a framework for grouping trends into drivers and solutions, and assessing their impact and certainty. Two sample scenarios for the banking industry are outlined based on emerging trends: Context Banking, where banks deeply integrate into customers' lives, and Deregulated Banking, where alternative digital currencies challenge conventional currencies and banks. The document stresses using scenarios to evaluate an organization's current innovation strategy and identify gaps to build an optimal strategy to succeed in different possible futures.
Innovation 360 Webinar: Evaluating Your Innovation Practice Using Future Scen...Innovation 360
The document discusses evaluating innovation through developing future scenarios. It defines trends and scenarios, with trends representing emerging changes and scenarios being possible future stories based on trends. The presenter provides a framework for grouping trends into drivers and solutions, and assessing their impact and certainty. Two sample scenarios for the banking industry are outlined based on emerging trends: Context Banking, where banks deeply integrate into customers' lives, and Deregulated Banking, where alternative digital currencies challenge conventional currencies and banks. The document stresses using scenarios to evaluate an organization's current innovation strategy and identify gaps to build an optimal strategy to succeed in different possible futures.
The document summarizes a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis for the mortgage banking industry. It identifies the following as strengths: embracing change and flexibility, virtual work environments, self-identifying inefficiencies, and embracing technology. Weaknesses include due diligence issues, lack of data transparency, and regulatory ambiguity. Opportunities exist in transparency/accountability and business transformation. Threats include budget/staffing issues, organizational changes, legacy losses, and regulatory requirements.
This document summarizes a presentation on financial innovation. It defines financial innovation as new approaches to financial circumstances, including new types of securities or money management strategies. Financial innovation occurs due to changing times and risks, advances in technology, and competition among institutions. The document outlines different types of financial innovations like system/institutional innovations that affect the whole sector, process innovations for efficiency, and product innovations. It provides examples of recent innovations in various countries like agent banking, mobile payments, and diversification of financial providers. The advantages are meeting cash budgets and overseeing expenses, while disadvantages include difficulties understanding shifts in financial systems.
The document discusses how behavioural economics can help financial services firms improve customer outcomes. It explains that behavioural economics studies how people make real-world economic decisions, which often differ from rational choices assumed in traditional economics. The document outlines why behavioural economics is particularly important for financial services due to the complexity of products and long-term impact of decisions. It notes that behavioural economics is gaining attention due to regulatory pressure from organizations like the FCA to protect customers from exploitation and improve trust in the industry.
This document discusses principles for reorienting regional/local banks towards sustainability. It outlines that sustainable finance has two expressions: socially responsible investment that integrates environmental, social and governance factors; and sustainable banking that considers a bank's social and environmental impacts through its lending and investments. The document examines international sustainable responsible investment principles and how they filter down to smaller banks. It also analyzes case studies of sustainable banks and factors that help or hinder their success, such as regulations, market interests, and internal willingness to change. Overall, the document finds that sustainable banks have potential to create public value and positively influence their communities through stable, ethical products secured by savings rather than speculation.
Latest Findings from Randomized Evaluations of MicrofinanceDr Lendy Spires
Three recent randomized studies evaluated the impacts of microcredit. They found that while microcredit did not produce dramatic transformations out of poverty, it did have some modest positive outcomes for some people. It helped create new businesses and shift spending away from temptation goods towards business investments and durable goods. This suggests microcredit can help smooth consumption for households with irregular incomes. However, the studies found little impact on healthcare, education or female empowerment. Access to formal savings accounts in Kenya was found to increase business inventory and incomes for female market vendors.
Three recent randomized studies evaluated the impacts of microcredit. They found that while microcredit did not produce dramatic transformations out of poverty, it did have some modest positive outcomes for some people. It helped create new businesses and shift spending away from temptation goods towards business investments and durable goods. This suggests microcredit can help smooth consumption for households with irregular incomes. However, the studies found little impact on healthcare, education or female empowerment. Access to formal savings accounts in Kenya was found to increase business inventory and incomes for female market vendors.
Second Assignment Document (Repaired).pdfsheikhInayat5
The document discusses stakeholder management for a project to construct a large five-star hotel in Islamabad. It outlines conducting a SWOT analysis for the project's stakeholders. The SWOT analysis identifies strengths like job opportunities and boosting tourism, weaknesses like disruption and traffic, opportunities like tourism packages and partnerships, and threats like unrest and regulations. The conclusion emphasizes understanding stakeholders and their potential impacts to conduct an effective analysis.
Second Assignment Document (Repaired).pdfsheikhInayat5
The document discusses stakeholder management for a project to construct a large five-star hotel in Islamabad. It outlines conducting a SWOT analysis for the project's stakeholders. The SWOT analysis identifies strengths like job opportunities and boosting tourism, weaknesses like disruption and traffic, opportunities like tourism packages and partnerships, and threats like unrest and regulations. The conclusion emphasizes understanding stakeholders and their potential impacts to conduct an effective analysis.
Embracing Fintech Innovations-Unlocking New Opportunities for Financial Insti...basilmph
In the ever-evolving world of finance, the term "Fintech Innovations" is more than a buzzword; it's a revolutionary force driving change. Financial institutions, once anchored in tradition, are now at a crossroads, compelled to explore new opportunities or risk falling behind.
A Disruptive Contexts Model for Mobile Commerce SystemsCSCJournals
Mobile devices are becoming increasingly important within the on-line purchasing cycle. Thus the requirement for mobile commerce systems to become truly context-aware remains paramount if they are to be truly effective under different situations typical with mobility. This report investigates consumer physical and modal contexts and presents findings as to their relationships and potential influence upon m-commerce related behaviours. We show that through an understanding of the relationship between a user's affective state and level of purchase-decision involvement, a model of engagement can be produced. Through the introduction of the novel concept of disruptive contexts we show a significant effect upon these relationships and propose a system of engagement for the optimization of context-aware m-commerce recommender systems.
The document discusses microfinance in India and the work of the Centre for Micro Finance (CMF). CMF aims to maximize the impact of microfinance through research and strategy building for microfinance institutions (MFIs). Its Research Unit conducts studies on topics like the financial behavior of clients and the impact of microfinance. Its Strategy Unit provides advice to MFIs on growth strategies, organizational structure, and reducing costs of funds. CMF also facilitates partnerships between MFIs and companies to improve clients' livelihoods through activities like cattle feed distribution and mint cultivation.
Minds and Machines: Impact of Emotional Intelligence on Investment Decisions ...AI Publications
In the evolving landscape of financial decision-making, this study delves into the intricate relationships among Emotional Intelligence (EI), Artificial Intelligence (AI), and Investment Decisions (ID). By scrutinizing the direct influence of human emotional intelligence on investment choices and elucidating the mediating role of AI in this process, our research seeks to unravel the complex interplay between minds and machines. Through empirical analysis, we reveal that EI not only directly impacts ID but also exerts its influence indirectly through AI-mediated pathways. The findings underscore the pivotal role of emotional awareness in investor decision-making, augmented by the technological capabilities of AI. It suggests that most investors are influenced by the identified emotional intelligence when making investment decisions. Furthermore, AI substantially impacts investors' decision-making process when it comes to investing; nevertheless, AI partially mediates the relationship between emotional intelligence and investment decisions. This nuanced understanding provides valuable insights for financial practitioners, policymakers, and researchers, emphasizing the need for holistic strategies that integrate emotional and technological dimensions in navigating the intricacies of modern investment landscapes. As the synergy between human intuition and artificial intelligence becomes increasingly integral to financial decision-making, this study contributes to the ongoing discourse on the symbiotic relationship between minds and machines in investments.0
This document outlines course descriptions for a variety of business subjects, including introductions to business, accounting, marketing, statistics, law, management, communications, operations, human resources, project management, negotiations, strategy, and finance. The courses cover fundamental business concepts and principles, as well as more specialized topics like international business, change management, data analytics, and sustainability. The goal is to provide a well-rounded business education covering the full range of business disciplines.
This document provides an impact assessment framework for evaluating small and medium enterprise (SME) finance policies. It discusses why impact evaluations are important for assessing SME policies and programs. The framework covers both experimental and non-experimental evaluation methods that can be used, including randomized control trials, difference-in-differences, instrumental variables, regression discontinuity, and propensity score matching. It provides examples of evaluations using these various methods and discusses operational considerations like budget, timing, and choosing the appropriate method. The goal is to help policymakers assess and improve SME interventions to maximize their effectiveness.
Here are some potential pros and cons of bitcoin:
Pros:
- Decentralized: No single entity controls the bitcoin network or currency supply. Transactions occur peer-to-peer without an intermediary.
- Pseudonymous: Users can transact without revealing personal identifying information.
- Borderless: Bitcoin can be used globally without restrictions of geography or regulation.
- Limited supply: Only 21 million bitcoins can ever be created according to its coding, unlike fiat currencies which face inflation.
Cons:
- Volatility: Bitcoin prices are highly volatile and fluctuate greatly on a daily basis.
- Anonymity: The pseudonymous nature can enable criminal activity like money laundering and ill
The document reports on the results of the 2014 Global Survey on Consumer Protection and Financial Literacy conducted by the World Bank across 114 economies. It finds that while most economies have established a broad legal framework for financial consumer protection, reforms are needed to clarify roles and streamline implementation. More economies are allocating resources to financial consumer protection supervision, but institutional arrangements remain complex and supervisory authority and tools are limited. The survey also assessed practices around fair treatment of consumers, disclosure requirements, responsible lending, dispute resolution and financial education. It concludes that further evaluation of effective approaches is important to strengthen financial consumer protection frameworks globally.
Poonawalla Fincorp's Remarkable Path to Financial Excellence And Profit GrowthVighnesh Shashtri
Poonawalla Fincorp Limited has achieved a significant financial milestone by reducing its Gross NPA to below 1% and Net NPA to below 0.5% as of May 31, 2024. This accomplishment underscores the company's robust financial health and effective risk management strategies. These improvements are a testament to the company's dedication to maintaining high asset quality and sound financial practices.
Contenu connexe
Similaire à Exploring the Intersection of Behavioral Finance and Virtual Reality
The document summarizes a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis for the mortgage banking industry. It identifies the following as strengths: embracing change and flexibility, virtual work environments, self-identifying inefficiencies, and embracing technology. Weaknesses include due diligence issues, lack of data transparency, and regulatory ambiguity. Opportunities exist in transparency/accountability and business transformation. Threats include budget/staffing issues, organizational changes, legacy losses, and regulatory requirements.
This document summarizes a presentation on financial innovation. It defines financial innovation as new approaches to financial circumstances, including new types of securities or money management strategies. Financial innovation occurs due to changing times and risks, advances in technology, and competition among institutions. The document outlines different types of financial innovations like system/institutional innovations that affect the whole sector, process innovations for efficiency, and product innovations. It provides examples of recent innovations in various countries like agent banking, mobile payments, and diversification of financial providers. The advantages are meeting cash budgets and overseeing expenses, while disadvantages include difficulties understanding shifts in financial systems.
The document discusses how behavioural economics can help financial services firms improve customer outcomes. It explains that behavioural economics studies how people make real-world economic decisions, which often differ from rational choices assumed in traditional economics. The document outlines why behavioural economics is particularly important for financial services due to the complexity of products and long-term impact of decisions. It notes that behavioural economics is gaining attention due to regulatory pressure from organizations like the FCA to protect customers from exploitation and improve trust in the industry.
This document discusses principles for reorienting regional/local banks towards sustainability. It outlines that sustainable finance has two expressions: socially responsible investment that integrates environmental, social and governance factors; and sustainable banking that considers a bank's social and environmental impacts through its lending and investments. The document examines international sustainable responsible investment principles and how they filter down to smaller banks. It also analyzes case studies of sustainable banks and factors that help or hinder their success, such as regulations, market interests, and internal willingness to change. Overall, the document finds that sustainable banks have potential to create public value and positively influence their communities through stable, ethical products secured by savings rather than speculation.
Latest Findings from Randomized Evaluations of MicrofinanceDr Lendy Spires
Three recent randomized studies evaluated the impacts of microcredit. They found that while microcredit did not produce dramatic transformations out of poverty, it did have some modest positive outcomes for some people. It helped create new businesses and shift spending away from temptation goods towards business investments and durable goods. This suggests microcredit can help smooth consumption for households with irregular incomes. However, the studies found little impact on healthcare, education or female empowerment. Access to formal savings accounts in Kenya was found to increase business inventory and incomes for female market vendors.
Three recent randomized studies evaluated the impacts of microcredit. They found that while microcredit did not produce dramatic transformations out of poverty, it did have some modest positive outcomes for some people. It helped create new businesses and shift spending away from temptation goods towards business investments and durable goods. This suggests microcredit can help smooth consumption for households with irregular incomes. However, the studies found little impact on healthcare, education or female empowerment. Access to formal savings accounts in Kenya was found to increase business inventory and incomes for female market vendors.
Second Assignment Document (Repaired).pdfsheikhInayat5
The document discusses stakeholder management for a project to construct a large five-star hotel in Islamabad. It outlines conducting a SWOT analysis for the project's stakeholders. The SWOT analysis identifies strengths like job opportunities and boosting tourism, weaknesses like disruption and traffic, opportunities like tourism packages and partnerships, and threats like unrest and regulations. The conclusion emphasizes understanding stakeholders and their potential impacts to conduct an effective analysis.
Second Assignment Document (Repaired).pdfsheikhInayat5
The document discusses stakeholder management for a project to construct a large five-star hotel in Islamabad. It outlines conducting a SWOT analysis for the project's stakeholders. The SWOT analysis identifies strengths like job opportunities and boosting tourism, weaknesses like disruption and traffic, opportunities like tourism packages and partnerships, and threats like unrest and regulations. The conclusion emphasizes understanding stakeholders and their potential impacts to conduct an effective analysis.
Embracing Fintech Innovations-Unlocking New Opportunities for Financial Insti...basilmph
In the ever-evolving world of finance, the term "Fintech Innovations" is more than a buzzword; it's a revolutionary force driving change. Financial institutions, once anchored in tradition, are now at a crossroads, compelled to explore new opportunities or risk falling behind.
A Disruptive Contexts Model for Mobile Commerce SystemsCSCJournals
Mobile devices are becoming increasingly important within the on-line purchasing cycle. Thus the requirement for mobile commerce systems to become truly context-aware remains paramount if they are to be truly effective under different situations typical with mobility. This report investigates consumer physical and modal contexts and presents findings as to their relationships and potential influence upon m-commerce related behaviours. We show that through an understanding of the relationship between a user's affective state and level of purchase-decision involvement, a model of engagement can be produced. Through the introduction of the novel concept of disruptive contexts we show a significant effect upon these relationships and propose a system of engagement for the optimization of context-aware m-commerce recommender systems.
The document discusses microfinance in India and the work of the Centre for Micro Finance (CMF). CMF aims to maximize the impact of microfinance through research and strategy building for microfinance institutions (MFIs). Its Research Unit conducts studies on topics like the financial behavior of clients and the impact of microfinance. Its Strategy Unit provides advice to MFIs on growth strategies, organizational structure, and reducing costs of funds. CMF also facilitates partnerships between MFIs and companies to improve clients' livelihoods through activities like cattle feed distribution and mint cultivation.
Minds and Machines: Impact of Emotional Intelligence on Investment Decisions ...AI Publications
In the evolving landscape of financial decision-making, this study delves into the intricate relationships among Emotional Intelligence (EI), Artificial Intelligence (AI), and Investment Decisions (ID). By scrutinizing the direct influence of human emotional intelligence on investment choices and elucidating the mediating role of AI in this process, our research seeks to unravel the complex interplay between minds and machines. Through empirical analysis, we reveal that EI not only directly impacts ID but also exerts its influence indirectly through AI-mediated pathways. The findings underscore the pivotal role of emotional awareness in investor decision-making, augmented by the technological capabilities of AI. It suggests that most investors are influenced by the identified emotional intelligence when making investment decisions. Furthermore, AI substantially impacts investors' decision-making process when it comes to investing; nevertheless, AI partially mediates the relationship between emotional intelligence and investment decisions. This nuanced understanding provides valuable insights for financial practitioners, policymakers, and researchers, emphasizing the need for holistic strategies that integrate emotional and technological dimensions in navigating the intricacies of modern investment landscapes. As the synergy between human intuition and artificial intelligence becomes increasingly integral to financial decision-making, this study contributes to the ongoing discourse on the symbiotic relationship between minds and machines in investments.0
This document outlines course descriptions for a variety of business subjects, including introductions to business, accounting, marketing, statistics, law, management, communications, operations, human resources, project management, negotiations, strategy, and finance. The courses cover fundamental business concepts and principles, as well as more specialized topics like international business, change management, data analytics, and sustainability. The goal is to provide a well-rounded business education covering the full range of business disciplines.
This document provides an impact assessment framework for evaluating small and medium enterprise (SME) finance policies. It discusses why impact evaluations are important for assessing SME policies and programs. The framework covers both experimental and non-experimental evaluation methods that can be used, including randomized control trials, difference-in-differences, instrumental variables, regression discontinuity, and propensity score matching. It provides examples of evaluations using these various methods and discusses operational considerations like budget, timing, and choosing the appropriate method. The goal is to help policymakers assess and improve SME interventions to maximize their effectiveness.
Here are some potential pros and cons of bitcoin:
Pros:
- Decentralized: No single entity controls the bitcoin network or currency supply. Transactions occur peer-to-peer without an intermediary.
- Pseudonymous: Users can transact without revealing personal identifying information.
- Borderless: Bitcoin can be used globally without restrictions of geography or regulation.
- Limited supply: Only 21 million bitcoins can ever be created according to its coding, unlike fiat currencies which face inflation.
Cons:
- Volatility: Bitcoin prices are highly volatile and fluctuate greatly on a daily basis.
- Anonymity: The pseudonymous nature can enable criminal activity like money laundering and ill
The document reports on the results of the 2014 Global Survey on Consumer Protection and Financial Literacy conducted by the World Bank across 114 economies. It finds that while most economies have established a broad legal framework for financial consumer protection, reforms are needed to clarify roles and streamline implementation. More economies are allocating resources to financial consumer protection supervision, but institutional arrangements remain complex and supervisory authority and tools are limited. The survey also assessed practices around fair treatment of consumers, disclosure requirements, responsible lending, dispute resolution and financial education. It concludes that further evaluation of effective approaches is important to strengthen financial consumer protection frameworks globally.
Similaire à Exploring the Intersection of Behavioral Finance and Virtual Reality (20)
Poonawalla Fincorp's Remarkable Path to Financial Excellence And Profit GrowthVighnesh Shashtri
Poonawalla Fincorp Limited has achieved a significant financial milestone by reducing its Gross NPA to below 1% and Net NPA to below 0.5% as of May 31, 2024. This accomplishment underscores the company's robust financial health and effective risk management strategies. These improvements are a testament to the company's dedication to maintaining high asset quality and sound financial practices.
Boosting Net Interest Margin: Lessons from Poonawalla Fincorp's Strategic Ach...Vighnesh Shashtri
Boosting Net Interest Margin (NIM) is crucial for financial institutions aiming to improve profitability and ensure sustainable growth. This presentation explores the strategic achievements of Poonawalla Fincorp in enhancing NIM, offering valuable insights for similar organizations.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
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How Improvement in Growth Plans Comes at a Risk of Asset Quality PressureVighnesh Shashtri
Focusing on bureau-tested customers, lenders prioritize borrowers with documented credit histories, reducing the risk of default by leveraging their proven creditworthiness. Abhay Bhutada emphasizes this strategy, steering clear of new-to-credit individuals or high-risk segments, safeguarding asset quality and ensuring a healthy, sustainable loan portfolio. This targeted approach aims to maintain a balance between growth aspirations and risk mitigation, relying on established credit data to inform lending decisions and uphold financial stability.
Abhay Bhutada's Strategy for Reducing OPEX and Enhancing Asset Quality at Poo...Vighnesh Shashtri
In his leadership role at Poonawalla Fincorp, Abhay Bhutada has spearheaded initiatives aimed at reducing operational expenses (OPEX) while concurrently enhancing asset quality. Through strategic measures such as consolidating branches and manpower, adopting a digital-led model, and leveraging data analytics for prudent lending decisions, the company has achieved a significant reduction in OPEX and a consistent improvement in asset quality metrics. Bhutada's emphasis on a risk-adjusted lending approach and a blend of digital and physical strategies has positioned Poonawalla Fincorp for sustainable growth, reaffirming his commitment to operational efficiency and asset quality enhancement.
The Psychology of Financial Decision Making: Understanding Behavioral Biases ...Vighnesh Shashtri
Behavioral finance studies how psychological biases affect financial decisions. It explores how emotions and cognitive errors influence investor behavior, often deviating from traditional finance assumptions of rationality. This interdisciplinary field integrates psychology and economics to understand market inefficiencies and anomalies, offering insights into real-world financial phenomena.
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Abhay Bhutada's career journey reflects a remarkable transformation from an entrepreneurial beginning to a pivotal leadership role at Poonawalla Fincorp. Starting with a strong foundation in digital lending and establishing his own NBFC, which was later acquired by Adar Poonawalla, Bhutada's innovative approach and strategic vision have driven significant growth and transformation. Under his leadership, Poonawalla Fincorp achieved a substantial Asset Under Management (AUM) and received a CRISIL AAA rating. Bhutada's transition to a group-level role within the Cyrus Poonawalla Group underscores his continued influence and strategic importance, while his legacy at Poonawalla Fincorp serves as a testament to his visionary leadership and ability to drive organizational success.
How Abhay Bhutada Plans to Improve Finance Trajectory in 2024Vighnesh Shashtri
Leadership Importance: Strategic vision and execution by leaders are crucial for financial institution success.
Bhutada's Role: Abhay Bhutada, MD of Poonawalla Fincorp, outlines a comprehensive strategy for 2024.
Focus Areas: Risk-adjusted methodology, prudent lending practices, and robust asset quality management.
Poonawalla Fincorp's Remarkable Fiscal Year 2024 Financial PerformanceVighnesh Shashtri
Poonawalla Fincorp Limited demonstrated exceptional financial performance in FY24, marked by significant growth in AUM, profitability, and asset quality. Record-breaking disbursements and AUM were achieved in Q4FY24, alongside reduced NPAs. Profitability reached unprecedented levels with substantial increases in PAT and RoA. Operational efficiency improved notably, reflecting in reduced Opex to AUM ratio and impressive PPOP growth. Under the leadership of MD Abhay Bhutada, the company remains committed to innovation and sustained growth in the NBFC sector.
Diversification is the practice of spreading investments across various assets to reduce risk exposure.
By diversifying, investors aim to minimize the impact of any single investment's performance on their overall portfolio.
This strategy involves allocating capital across different asset classes, such as stocks, bonds, real estate, and commodities, as well as diversifying within each asset class.
Abhay Bhutada's Strategy For Launching Co-Branded Credit Cards: What Makes Th...Vighnesh Shashtri
One of the standout features of Poonawalla Fincorp’s new credit card is the absence of a joining fee. In a market where many credit cards come with hefty initial costs, this is a refreshing change. By eliminating this barrier, Bhutada aims to make the card accessible to a wider audience, encouraging more people to take advantage of its benefits without worrying about upfront costs.
Financial Wellness: Achieving Balance in Money and LifeVighnesh Shashtri
Financial wellness is more than just managing money; it's about finding balance in all aspects of life.
In this presentation, we'll explore how to achieve harmony between your finances and overall well-being to live a fulfilling life.
Revolutionize Your Financial Operations in 2024_ Embracing the Digital AgeVighnesh Shashtri
In 2024, the digital revolution in finance brings endless opportunities. Organizations can improve operations, fuel growth, and redefine industry standards. This blend of digital and financial expertise fosters innovation, efficiency, and adaptation.
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
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"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
2. Introduction
Today, we explore an innovative approach at the intersection of finance and
technology: the integration of behavioral finance principles with virtual
reality (VR) technology.
Importance of Behavioral Finance in Understanding Financial
Decision-Making:
Behavioral finance examines how psychological factors influence economic
decisions, providing insights into why individuals often make irrational
choices in financial matters.
Emergence and Advancements of Virtual Reality Technology:
Virtual reality has evolved rapidly, offering immersive experiences that
replicate real-world environments. Its applications span entertainment,
healthcare, education, and now, finance.
3. Understanding Behavioral Finance
Definition and Core Concepts:
Behavioral finance studies how cognitive biases and emotional factors
affect financial decision-making, challenging the traditional assumption of
rationality in economics.
Biases and Heuristics in Decision-Making:
Examples include loss aversion, overconfidence, and anchoring, which can
lead to suboptimal investment strategies and market inefficiencies.
Role of Emotions in Financial Choices:
Emotions such as fear, greed, and euphoria often drive investor behavior,
influencing asset prices and market trends.
4. Introduction to Virtual Reality (VR)
Definition and Brief History:
VR technology creates immersive, computer-generated environments that
users can interact with, offering a sense of presence and realism.
Applications in Various Industries:
VR is utilized in gaming, training simulations, virtual tourism, and
architectural visualization, among other fields, revolutionizing user
experiences.
Potential for Immersive Financial Simulations:
VR has the potential to simulate financial markets, investment scenarios,
and economic environments, providing users with realistic experiences for
decision-making research and education.
5. The Marriage of Behavioral Finance and VR
Integration of VR Technology in Financial Decision-Making Studies:
Researchers are exploring how VR can be used to conduct experiments on
financial decision-making, allowing for controlled environments and precise
data collection.
Simulating Market Conditions and Investment Scenarios:
VR enables the creation of virtual markets where users can experience
fluctuations, crises, and investment opportunities, offering insights into
behavioral responses.
Analyzing Behavioral Responses in Virtual Environments:
By observing users' reactions in VR simulations, researchers can identify
behavioral biases and study the impact of different interventions on
decision-making.
6. Benefits of Using VR in Behavioral
Finance
Enhanced Engagement and Immersion:
VR provides a high level of immersion and engagement, enhancing the
effectiveness of experiments and educational programs in behavioral
finance.
Controlled Experimentation Environment:
Researchers can create controlled environments in VR, manipulating
variables and scenarios to isolate specific factors influencing
decision-making.
Real-Time Feedback and Data Collection:
VR systems can collect real-time data on users' interactions and
physiological responses, offering valuable insights into decision processes.
7. Challenges and Considerations
Technical Limitations of VR Hardware and Software:
VR technology may face constraints such as resolution, motion sickness,
and hardware requirements, affecting the user experience and research
validity.
Ethical Concerns Surrounding Manipulation of Virtual Environments:
Researchers must consider ethical implications when designing VR
experiments, ensuring that participants are not exposed to undue stress or
manipulated conditions.
Generalizability of Findings from Virtual Experiments:
The extent to which findings from VR experiments apply to real-world
financial decisions remains a topic of debate, requiring further validation
and replication studies.
8. Future Directions and Opportunities
Advancements in VR Technology and Their Impact on Behavioral Finance
Research:
Ongoing developments in VR hardware, software, and artificial intelligence are
expected to expand the possibilities for conducting sophisticated experiments and
simulations.
Potential Collaborations Between Psychologists, Economists, and VR
Developers:
Interdisciplinary collaborations can drive innovation in behavioral finance research,
bringing together expertise from psychology, economics, computer science, and
virtual reality.
Expanding Applications Beyond Research to Financial Services and
Education:
VR solutions could revolutionize financial services, offering immersive experiences
for portfolio management, financial planning, and client education, transforming the
way individuals interact with money.
9. Conclusion
Recap of Key Points:
The integration of behavioral finance principles with virtual reality
technology offers a novel approach to understanding financial
decision-making.
Importance of Understanding Behavioral Aspects in Finance:
Behavioral biases and emotional factors play a significant role in shaping
economic outcomes, highlighting the importance of studying human
behavior in finance.
Potential for VR to Revolutionize Financial Decision-Making:
VR has the potential to enhance research methodologies, educational
interventions, and practical applications in finance, paving the way for
more informed and rational decision-making processes.