This is a report detailing an account of my personal development and leaming process while undertaking the module
FE}{1L2- Management dissertation to fuIfil which details the challenges, learning
the requirements for the MBA in Financial services. The structure of the report
follows atimeline, much like
a diary,
milestones and other experiences encountered in each major 'phase' while carrying out the research project.
Date:
7th
of Februarl2009
-
8th
AEiI2009.
Maior activities: Ideas Generation and Topic selection.
Initial thoughts were based on recent economic events - the credit crunch, downturn and what led to its occurence. I wanted to asses to what extent the credit crunch can and will affect the micro-banking sector across the globe. Doing a bit
of
research on the above, diverted my train of thougbt towards viewing micro-banks as
immune to the global financial crisis. I wanted to investigate what about the micro banking process would cause this immunity. It became apparent that the above idea is not black and white, as micro banking is no longer 100% insular in
of
developing countries. In fact further investigation needs to be done to determine if ever was (completely insular) and whatthe eurent balance is between'intemalo
it
micro banks and all othets, which have external influences, such as ownership/control by large global organisations.
This led to the initial topic for the dissertation going towards the following:
-
Investigate in great detail, the extent to which the ways MFIs are funded affect
their primary objective of improving poverly in communities.
Is going to thoroughly compare and draw conclusions on externally funded and
intemally funded MFIs. It will aim to prove that domestic funding is more desirable. Doing so by highlighting in great detail, the 'drawbacks' of external
funding, the direction in which it is going in terms of securitisation,