I have given you the assignment of preparing a detailed business research report on any good business problem or opportunity or may be you can prepare a report based on a problem related to your institute or may be on some other factors. The purpose of this term report is to enhance your professional skills in terms of practicality and research skills. The body of report should be prepared and presented to me by November 8, 2011
It should be a survey research for the collection of primary data. You may use secondary sources for gathering information. I would like you to make use of SPSS software for feeding and analyzing the data. It would be better if you support your findings with visual aids that would illustrate the facts in a more meaningful form.
A hostel is a facility where students, families, back payers and other travelers can stay. The trend of hostel facility is very low in Pakistan, the main reason of which is self satisfaction. We are not quite confident as a student to avail the hostel facility within the campus. Also the hostel fees, security, room safety and size are the main factors of not availing the hostel facility. These issues happen to take place everywhere but we wanted to know the core reasons behind the low trend of hostel facility in Pakistan. We have collected relevant data via well designed questionnaires and interviewed some of the students of IoBM.
We tabulated and analyzed our data using SPSS software. The results interpret that the students of IoBM are aware of this concept and have the tendency to avail the hostel facility but factors like financial issues and security of these services not being trustworthy is refraining the students from availing this facility. If the respective improvements are considered then there is a high opportunity for such services to flourish in IoBM in the near future which in turn will benefit the academic progress of IoBM.
A hostel is a low-priced facility where students, families, backpackers and other travelers can stay. But in our research we are only focusing on students to avail this opportunity if provided to them.hostel.jpg
The primary purpose of this research is to identify the most important factors that predict undergraduate student’s level of satisfaction with the student hostels they are living in. This research will also explore the difference in the satisfaction levels of students living in hostels within the campus and the ones who live in their own houses and homes etc.
Based on literature review, our hypothesized will be “is there any difference in the satisfaction level between these two groups of students”. This means the ones who will avail this facility and the ones who will not avail this type of facility if provided to them.
In our research the most important factor or the keyword would be ‘satisfaction’.
For example Satisfaction with fees, Satisfaction with distance from university facilities, Satisfaction with room safety, Satisfaction with room size, Satisfaction with hostel security, and Satisfaction with hostel facilities are the most important factors which predict undergraduate students.
Satisfactions with hostel influencing factors:
Many researches have been conducted on the impact of hostels on the life of students among which most of the researches showed a positive and a far reaching impact on students life. Following are the factors that influence the satisfaction level of students.
According to the previous researches it has been revealed that most of the students who live at university hostels/boarding schools face many academic challenges. They are very competent because of the living environment provided to them over there. It is also revealed that students that lives at hostels spend 17 hours a week on their home works and academic work where as other students who lives at their own home or not availing the facilities of hostel spends 8 to 9 hours a week. This is one of the satisfactory factor with which 95% of the students living at hostels are agreed.
Time is a very important factor about which most of the people remain curious. As everyone knows that ones the time is over it won’t come back again. Therefore spending the time productively isn’t an easy task. Most of the people keep on trying to manage the time better and productively. Students living at hostel better know about how to spend a time and productively because they have been taught in such a way that it builds sense of responsibility in them. According to the previous researches students live at hostel spend their time equally in extracurricular activities and studies. They spend less time in watching television and computers and spend more in other activities like painting, sports etc.
Hostels play a vital role in shaping the values of the students and ethics. Hostels not only focus on making the student more competent in academics but also focus on the personal development of each student. More specifically they focus on their self-discipline, maturity, self-determination and critical thinking skills. Hostels not only provide accommodation but their objective is to make a student competent in each and every aspect of the life. Therefore this is also a satisfactory factor for most of the students for being the part of the hostels.
As students learn how to live independently and how to cope with the particular situation as well as they come to know about stress management as they go through a hard and tough time, they become more career oriented. Hostel life creates such abilities and potential in them because of which when they go into the market for searching jobs the recruiter take them at first hand. Hostel not only provides opportunity to develop their personal skills and abilities but also helps them for their career.
There are many more factors that provide satisfaction to the students lives at hostel but most important of them has been discussed above. These all factors have been taking from the perspective of those students who lives at their university or college hostels not from those who have their own accommodation.
The prime objective of Hostel is to provide the students with the necessary amenities to develop an integrated personality, besides providing a calm and peaceful atmosphere for students. The hostel can provide an environment that certainly provides self-confidence and instills discipline in the minds of students. The personal development of students could also be nurtured and supported through living in a community environment. The secondary objective of establishing hostel for students of Institute of business management is to provide them a Home away from their Home where they can feel some ease and put their best in academics. Our research has been divided into two groups of strata. This means the ones who live in Karachi but far away and the ones who live outside Karachi.
We have conduct this research through survey and will ask the IoBM students that would they like to avail this facility (if provided) to them or not?
Students of IoBM: At least 60% long-route 100
Students live in Karachi: 60% 60
Students live outside Karachi: 40% 40
Our population includes every student who lives in Karachi but little far away from IoBM and as well students who live outside Karachi. No age or gender limit is imposed. However to get a mature result, we would be targeting people above seventeen years of age.
The above mentioned table shows how we have distributed the total transport users. We have set a quota that our respondents must contain at least 60% of the people who live in Karachi but little far away from IoBM and the remaining population should belong to some other areas of Pakistan. This quota is set because of the fact that they are the ones who are the most frequent users of such type of hostel facilities if provided to them.
Because of many factors like time and control of work, we are keeping our sample size small. The total sample size is of 100 respondents. Moreover, we are not dividing the population geographic regions. Therefore, people from every part of the city have the equal participation opportunity.
We selected survey methodology because it is quick and inexpensive. The cost of contacting the respondents is very low and respondents will contact randomly from classes, library, and activity centre of IoBM etc. Person-administered questionnaires were developed which are more accurate than face to face interviews in which many open ended answers would be given.
A short and simple questionnaire was designed for this research. As our segment of the target audience includes students from IoBM only.
Name and contact number of every respondent is recorded for the back checking of the data. This eliminates the most common researcher bias in which the field researchers cheat by self filling the questionnaires. We tried to keep things very transparent so that our course instructor or other concern authorities may any time randomly check our data collection efforts. This will eventually increased the credibility of our research findings.
Every group member worked as a field worker in carrying out the research. The female group members as well as male group members collected data from boys and girls. We wanted to make sure that there shouldn’t be any gender biasness involve in our research. We went and interviewed students from activity centre, library and etc. We tried our best to cover the students who live in all areas of Karachi and as well as outside Karachi.
Null Hypothesis: Students of IoBM prefer the hostel facility.
Alternative Hypothesis: Students of IoBM don’t prefer the hostel facility.
All of the questions were close ended except the remarks of the respondents. This made our analysis work much easier. We developed a complete database of all the hundred questionnaires in SPSS software.
Initially, we thought to target 200 respondents. But then we realized that as the questionnaires are person-administered, so it will increase our time per respondent. That is why we restricted our sample size to 100 respondents.
As the research is carried out by a group of six students, limited human resource definitely restricted us from covering a large sample size.
This research is compiled under immense time pressure. Some more time might have improved the accuracy of this research.
The problem of the topic is that students who live far away from Korangi get chaotic and tired because of their long routes which tend to affect their performance. The law and order situation of Karachi is deteriorating day by day so many a times the students who live far away and in the areas which are not safe have to miss their classes as they are unable to reach university in strikes and calamities.
Secondly, the students who live outside Karachi are hesitant to come to IoBM even after getting admission, because of the absence of hostel facility. So IoBM loses valuable students who can add to its prestige.
So our research problem is “Should there be hostel facility for the students of IoBM”.
The prime objective of Hostel is to provide the students with the necessary amenities to develop an integrated personality, besides providing a calm and peaceful atmosphere for students.
The personal development of students could also be nurtured and supported through living in a community environment.
The secondary objective of establishing hostel for students of Institute of business management is to provide them a Home away from their Home where they can feel some ease and put their best in academics.