Project guide Lines for Students of Master of Business Administration

By | May 17, 2018

Guidelines to do Summer Project Work for 1st year MBA Students

This write up provides you some of the guidelines that are provided to be based on faculty experience. However, in the part two you will be given some more ideas.

 

Introduction

The overall objective of project work is to experience the way in which organizations function is given environment.  The keyword is experience. Experience has two dimensions.

  1. i. Understand the industry in which the organizations operate.
  1. The business model of the organization

iii. Understand particular functional area such as Marketing, Finance, HR, etc.

  1. i. Apply knowledge of research methodology to analyze the problems or issues faced by organizations
  1. Understand how various principles you have learned during one year of course work is applied in the real time business world.

iii. Learn the changes that are taking place in the business world. One question        that immediately comes to your mind. Is it possible for me?

  1. The project is divided into three phases
  1. Pre-project interface
  2. Interface during the project
  3. Interface after the project

 

Each of the time periods is very important.

 

Introduction

The overall objective of project work is to experience the way in which organizations function is given environment.  The keyword is experience. Experience has two dimensions.

  1. i. Understand the industry in which the organizations operate.
  1. The business model of the organization

iii. Understand particular functional area such as Marketing, Finance, HR, etc.

  1. i. Apply knowledge of research methodology to analyze the problems or issues faced by organizations
  1. Understand how various principles you have learned during one year of course work is applied in the real time business world.

iii. Learn the changes that are taking place in the business world. One question        that immediately comes to your mind. Is it possible for me

The project is divided into three phases

  1. Pre-project interface
  2. Interface during the project
  3. Interface after the project

Each of the time periods is very important.

Phase I

It is requesting for a project work you will be raising certain expectations from the organizations.

The expectations are generally based on

  1. The institute you come from
  2. Your competencies
  3. References given by you
  4. Personal interview attended by you.

At all the stages, honestly, integrity, good presentation of self is very important.

 Phase II

Preparation at home.

  1. Find out the name & contact number of the person to whom you have to report.
  2. Inform in advance if possible of your arrival. Dress code of plain shirt with shoe, tie and clan shave has to be adhered.

Your first interface should project the following traits.

  1. Show patience, organizations have to cater to all stakeholders and yours will be last as the purpose of organization is value addition. This does not mean that you are unimportant; your work comes last in the important things to be done.
  2. The project work is an additional responsibility undertaken by organization; therefore don’t expect organizations or the person in charge to respond to you immediately. Some time you may have to wait more than 3 hours or even 1 day. This doesn’t mean that organization is not need of you. It only indicates that they have different priorities. However you will be observed during entire phase of waiting.

 

Phase III

In phase III you will be working towards meeting expectations of organizations. The general question is “What is the Topic?” for project work. Two kinds of situation you will face. Organizations give you a Topic or they will ask you to choose the topic in both the cases please prepare a list of topics which you will think of completing. If it is marketing have a list of not less than 15 to 20 different topics. Similarly in HR

The project report writing to a large extend should reflect your thinking process. The following format is suggested

 

Title: ______________________________________________

The first title you arrive at need not be the final title. You can change e as you progress during the project.

 

Contents

  1. Industry Profile

Please go through Hindu Industrial Survey 2007.Pertaining to the Industry. In which the business organization operates. You have to use your discussion carefully, if you are working in automobiles spare parts organizations do touch up on automobile Industry, However as a rule of thumb 75 to 80 of your industrial profile should be automobile spare parts industry. Visit various websites such as www.about.com. If you want to go through various research reports please go through www.ssrn.com. Be comprehensive while talking about industry and write about industry of understanding all the dimensions about industry.

 

Please find at lest ten major companies in your industry and in the international market. Write a brief write up on what happened for the past three years and what is in store for three years for the industry. Identify at least three; Indian CEOs and three international CEO’ and find their views about industry. You can use your CMIE Data Base in the college. You can have photographs of the CEO’s, being copied.

Organizations Profile

Please go through past balance sheets, organization’s website, press reports and all other data pertaining to the organization.  This part will help you to understand your organization in the context of present business situation.  Keep a log of what ever you are doing everyday. It will help you where you are and what you are likely to achieve.

Need for Study

You have to explain what “Value addition” you will be doing for the            organization. You are working 35 clear working days for project work. Your      effort, understanding and value addition to the organization by answering specific            questions will provide better experience for you.

Literature Survey.

This part is mandatory. However it will be a good idea includes information in the project work. However don’t exceed five pages. If you are doing research         on motivation you may include latest research on motivation as literature survey.

Objectives of study

You have to be precise while writing your objectives and should reflect        the research you are going to undertake. Restrict yourself not more than 3    objectives, however two will be ideal.

Scope of objectives

In the process of achieving you objectives you will also be undertaking         certain             other tasks which are important. You may include them under scope of        objectives.

Research Methodology

  • Research Objectives
  • Types of Research Design
  • Data ( primary and secondary)
  • Research Instrument (if it is a questionnaire, you have to write what type of questionnaire. However, do not assume always that you need to have questionnaire to start the research. One of the greatest sins you will commit is to think designing questionnaire to start your research will convent your research putting cart before the horse.) Always remember that you need not have questionnaire to do research. You have different methods and use them to enrich your thought process.
  • Research Plan

Sample Design

  • Sample Unit
  • Sample frame
  • Time and Place
  • Type of sampling
  • Sample Size. Determine using methods thought to you in Research Methodology.

 

Analysis of the study

  1. Findings
  2. Suggestions  & Recommendations
  3. Appendices
  4. Bibliography

Remarks

Do not write history of statistical tools what you have to write is what appropriate tools you have used and reason for using the tools please cross tabulate your data in order to further understanding. From the synopsis to your final report constantly fine tune your project report. It will be rich experience for you to cherish.

 

Some observations

  • Be enthusiastic to listen, to learn, to talk
  • Be curious
  • Be honest
  • Show your integrity
  • Define your body language
  • Make a statement

 

WHAT YOU SHOULD NOT DO

  • Trying to take breaks while doing project ( you cannot have holidays during your project work)
  • Trying to miscommunication with organizations by telling that institute wants a review. We are sending your schedule of project report to all the organizations. You do not have any reviews in between.
  • While taking to the organization personnel do not degrade your institute or teachers by making statements that are reduce your self image.
  • Talking negative and trying to be certain about everything. No organization or person likes negative talk and people who ask too may question to be certain of everything.
  • Let me give some examples
  • I want marketing project, I am in a finance organization. Do not ask the manager this question. You are going to an organization to know its business and business do not have functional silos. However, ask questions relating to your project, show enthusiasm. Smile, enjoy hard work.
  • If some urgent work is to be done by the organization, do it willingly. For example the office has no power and your manager finds that the electricity bill is not paid, volunteer to do the task. MBA is not management by arrogance. Never show that this is not my work. You will be surprised to know that there is no work as not your work. The organizations are boundary less organizations.
  • Do not take campus culture to organization. Leave letters, excuses, concessions etc. Inculcate organizations culture and come to institute with all ideas to change the way in which you work in institute. Share experience with your classmates and teachers. It is an opportunity to professionalize with you.
  • Wear your tie and go to organization. Some organizations have informal environment. They may not insist on your attire. That does not mean that you go with casuals.

 

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