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Application of mis in banking sectors of bangladesh problem & prospect
- 2. Md. Enamul Islam Shemul Student of Patuakhali Science and Technology University Faculty of Business Administration and Management Session 2013-14
- 4. Management Information System (MIS) is basically concerned with the process of collecting, processing, storing and transmitting relevant information to support the management operations in any organizations. There are a lot of organizations in Bangladesh that is used management information systems, such as banks and telecommunications companies, ministries and universities. The use of management information systems has become necessary for any organization to facilitate the work procedures and improve efficiency and productivity and improve performance in general
- 5. To know about MIS software. To know about the advantages of MIS software in banking sector. To know about the implementation of MIS software in banking sectors To know the prospects of MIS software in banking sectors.
- 6. Fixation of the Term Paper Selection of the Sample Go to working Sector Collect Data and Information Processing Data and Information Final work ground of Term Paper
- 7. Do you have any “MIS” application in your bank?
- 9. 20% 28% 20% 16% 16% Strongly Agree Agree Neutral Disagree Strongly Disagree
- 10. 50% 33% 17% 0% 0% Strongly Agree Agree Neutral Disagree Strongly Disagree
- 13. 48% 52% 0% 0% 0% Strongly Agree Agree Neutral Disagree Strongly Disagree
- 14. 40% 52% 8% 0% 0% Strongly Agree Agree Neutral Disagree Strongly Disagree
- 17. 52% 44% 4% 0% 0% Strongly Agree Agree Neutral Disagree Strongly Disagree
- 18. Strongly Agree Agree Neutral Disagree Strongly Disagree 36% 64% 0% 0% 0% Series1 Series2 Series3 Series4
- 20. 52% 40% 8% Strongly Agree Agree Neutral Disagree Strongly Disagree
- 29. SEO & Manager 12% Officer 28% Senior Officer 26% Principal officer 18% Junior Officer 5% Operational Manager 2% TAO 3% SR. Officer 4% Supervisor 2%Designation
- 30. Ho: There is no significant relationship between MIS application and banking sector. H1: There is significant relationship between MIS application and banking sector.
- 31. Serial No. Average mark of an each answer(X) 01. 4.84 02. 4.72 03. 3.20 04. 4.36 05. 4.16 06. 4.12 07. 4.48 08. 4.36 09. 4.32 10. 4.52 11. 4.52 12. 4.48 13. 4.36 14. 4.60 15. 4.44 16. 4.32 17. 4.32 18. 4.20 19. 4.12 20. 4.56 21. 4.56 Total ∑X= 91.56
- 32. So, Average = 91.56/21 = 4.36
- 33. Serial No (X-Xꜙ) (X-Xꜙ)2 01 4.84-4.36 0.2304 02 4.72-4.36 0.1296 03 3.20-4.36 1.3456 04 4.36-4.36 0 05 4.16-4.36 0.04 06 4.12-4.36 0.0576 07 4.48-4.36 0.0144 08 4.36-4.36 0 09 4.32-4.36 0.0016 10 4.52-4.36 0.0256 11 4.52-4.36 0.0256 12 4.48-4.36 0.0144 13 4.36-4.36 0 14 4.60-4.36 0.0576 15 4.44-4.36 0.0064 16 4.32-4.36 0.0016 17 4.32-4.36 0.0016 18 4.20-4.36 0.0256 19 4.12-4.36 0.0576 20 4.56-4.36 0.04 21 4.56-4.36 0.04 Total 2.1152
- 34. Ϭs=(√∑(X-Xꜙ)2n-1) =(√2.1152/94) = 0.01547 X2=(ϬsϬp)(n-1) =(0.0154721)*94 0.06924 Here our calculated value is 0.06924 and our table value is 1.31 at the level of 5% significance. Here table value is greater than our calculated value. So, null hypothesis is rejected and our alternative hypothesis is accepted.
- 35. Bangladesh is a developing country. Banking sector plays a pivotal role in the economic development of the country. Bangladesh Bank acts as a central bank for our country and it controls, supervises, and looks after the scheduled banks in the private commercial banks as well as the nationalized commercial banks formed by joining the business of the twelve banks doing business in Bangladesh before liberation as per schedule given below
- 36. The National Bank of Pakistan, The Bank of Behawalpur Ltd. Sonali Bank 500 200 The Premier Bank Ltd., The Habib Bank Ltd., The Commerce Bank Ltd. Agrani Bank 500 100 The United Bank Ltd., The Union Bank Ltd. Janata Bank 500 100 The Muslim Commercial Bank Ltd., The Standard Bank Ltd. Rupali Bank 500 100 The Austrasia Bank Ltd., The Eastern Mercantile Bank Ltd. Pubali Bank 500 100 The Eastern Banking Corporation Ltd. Uttara Bank 500 100
- 37. After the liberation of Bangladesh the twelve Banking companies who were doing business in Bangladesh, were nationalized by the Government of the People’s Republic of Bangladesh under president’s order No.26 of 1972 entitled The Bangladesh Bank (Nationalizations) Order, 1972” on March 26, 1972. At present there are 63 Banks operate their banking business in Bangladesh
- 38. Respondents are ineffable about MIS. Respondents do not have proper IT training. The software used by the bank is outdated. Null hypothesis is rejected and alternative is accepted.
- 39. Respondents should be concerned about MIS. IT department should be developed and ensure proper IT training. MIS software should be updated.
- 40. Management information systems are a foundation for conducting business today .In many industries like banks survival and the ability to achieve strategic business goals are difficult without extensive use of information technology. Banks today use management information systems to achieve these objectives operational excellence, new products and services, client intimacy, improved decision making, competitive advantage advantages and day to day survival