Influence of Educational and Financial Status of Parents on the Academic Performance of Secondary School Students: A Case Study in Hyderabad Division-Sindh

This research is conducted, in order to analyze the students’ academic performance at secondary school level in Pakistan. This is a case study conducted in Hyderabad Division of Sindh Province in Pakistan. The study was focused to the students who have passed matriculation class (Class-X), equivalent to secondary level in Pakistan(10 years of education). Sample size of 1097 higher Secondary level students were randomly selected from various colleges and schools in a way that around 150 students should take part in the survey from each institute. The sample selection was further divided on gender (Male = 448, Female = 648) and locale (Urban=455, Rural=641) basis. A data collection questionnaire was developed by the researchers and implemented for data collection. After collection of the data from desired population, the statistical analysis based on Pearson’s Chi-square and Correlation models were carried out in SPSS. The conclusion inferred from the data analysis of the study, strongly revealed that the students’ academic achievement at high school secondary level was highly associated to their parent’s educational level and socio-economic background. Therefore, it is strongly recommended financial condition of the population must be enhanced by taking appropriate measures. In order to coup tough financial conditions at their homes, deprived students should be provided adequate scholarships. Free stationary and books should also be provided at schools.

Investment Behavior of Generation Y: A study Based on Experience of Employees Working in Financial Institutions of Pakistan

Investment behaviour comes under the field of behavioural finance. It is a process of investors' decision making at micro level. The process based on some specific features of investment products and services. This study was subjective in nature and cleared the scope of quantitative research in this regard to understand the investment behavior of generation Y investors while they are investing in the stock markets. A purposive sampling technique was used to collect data from the 325 respondents representing generation Y working in financial institutions. A structured questionnaire technique was used for data collection so the analysis could reflect true results. Multiple regression analysis technique was used to test the study hypotheses. The findings of this study indicates that investment choices, level of risk and behavioural biasness have direct influence on the portfolio selection of the generation Y investors and they are not behaving according to traditional theories of finance. The results also demonstrate that the generation Y investors of financial institutions understand the stock selection criteria and perceived risk attitudes toward the investment decisions. Theoretically, this study provides a possible solution to understand the behaviour of generation Y investors. Practically, this study is helpful for financial institutions to suggest best financial securities according to the behaviour of generation Y investors. At the end, this study also contributing in the existing literature on the behaviour of generation Y investors.