Research Methodology

TITLE – The opinion of youth on Investment

Project Guide: Prof Dr J K Sachdeva
Name of Authors – Priyans Patel, Miral Dave, Ataldeep Singh, Royston Furtado

Introduction:
Investment is generally defined as an asset that an investor owns or controls, directly or indirectly, and that has the characteristics of the commitment of capital or other resources, the anticipation of gain or profit, or the assumption of threat. The expectation to gain or to experience any financial risk might happen in the future. Investment has its pros and cons. In a meantime, the awareness of investment especially among the young generation is yet to be described.

Objective:
• To find out whether young investors are looking for long-term growth, risk, return on investment, or liquidity.
• To study the preferences of different age groups of youth towards financial investment.

Data Collection:
Data was generated with the help of google forms from the students of ITM Business School. We have used Convenient Sampling for the data collection. The following 5 Qs. were framed on a Likert scale on a scale of 1-5 where 1 is for Strongly Disagree and 5 is for Strongly Agree.

Questions are as follows:
1. Investment should be started early in life.
2. Investing is the only way to reach your financial goals.
3. It is necessary to seek financial advice before investing.
4. Risk and Investment go hand in hand.
5. Diversification of investment is necessary.

Data Analysis:
After receiving responses, we were able to come up with the following analysis:

QUESTION ARITHMETIC MEAN STANDARD ERROR STANDARD DEVIATION Z VALUE (95.0%)
Q1 4.47 0.0745 0.7447 0.71
Q2 3.72 0.0866 0.8656 1.48
Q3 4.22 0.07189 0.7189 1.09
Q4 3.99 0.07035 0.7035 1.44
Q5 4.25 0.08211 0.8211 0.91

Conclusion:

It can be concluded that:
1. From the given data we conclude that the majority of the people are neutral for the investment should be started early in life.
2. From the given data we conclude that Investment is the only way to reach your financial goals.
3. From the given data we conclude that the majority of the people are disagree for taking financial advice before investment.
4. From the given data we conclude that the majority of the people are neutral for the risk and investment go hand in hand.
5. From the given data we conclude that the majority of the people are neutral for diversification in investment.

REPORT BY
Priyans Patel – IFM Miral Dave – IFM Ataldeep Singh – IFM Royston Furtado – IFM