Monthly Scholarship: A study to analyze the spending and saving pattern of Graduates in Saudi Arabia
Journal Title: IOSR Journal of Mobile Computing & Application (IOSR-JMCA) - Year 2018, Vol 5, Issue 2
Abstract
Graduating students are given stipend generously in Saudi Arabia. This research was conducted as it is observed that most of college students received a monthly stipend but had no money in their bank accounts. Most of the students in the Eastern Province don’t pay heavy tuition fees, semester fees, examinations fees, for hostel accommodation etc., for completing their Degree. They spend more than what they have receivedfrom college and had no idea about savings.Why students both male and female tend to over spend was a pertinent question. It was decided to identify the root cause and problems in handling stipend money by Business administration (Management) students. The reason for choosing Business Administration students was they have many finance courses yet they don’t have thrift. The study was conducted to find out what they do with their money and why this financial struggle. A questionnaire was circulated to collect data and information fromManagement students who are doing Management Information System/ Informatics Systems and Business Administration in Saudi Arabia.
Authors and Affiliations
Dr Abirami Devi Sivakumar
Keywords
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- DOI 10.9790/0050-05021519.
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