Budgeting and forecasting are essential tools in the world of finance. They assist with business planning and control, ensuring the sustainability of their financial activities. They also support effective decision-making at all levels. Both budgeting and forecasting help organisations define achievable financial goals and align resources with their far-sighted vision.
This guide is designed especially for students pursuing business and management studies. The primary aim of this guide is to assist the students in writing a dissertation centred on budgeting, forecasting, and financial management. From selecting a relevant topic to formatting your chapters and analysing their data, this guide is there to support you in every step.
At the end of the guide, students will:
SIGNIFICANCE OF BUSINESS DISSERTATION
A business dissertation is a crucial component of the academic and professional development of students pursuing business and management degrees. It is more like an opportunity to apply theoretical knowledge to real-world business problems. Getting focused on topics like budgeting, forecasting, or financial management enables students to become more confident and competitive in their chosen field. While writing a business dissertation, if you get stuck somewhere, then business dissertation help is just a step away from you.
Some Basic Concepts Of The Dissertation
Understanding the involved key concepts ( Budgeting, forecasting) will have many pros, like enabling students to critically engage with the existing theories while writing their literature reviews, allowing them to identify gaps and draw comparisons to build new research theories.
- Budgeting: the process of creating a financial plan for a business, outlining expected income, expenses, and resource allocation over a specific period, typically a fiscal year.
- Forecasting: the process of using historical data and other information to make predictions about future business conditions and outcomes.
- Financial help: Any form of support or assistance and resources provided to an individual, business or institution to manage and stabilise the financial situation. It includes monetary aid, expert advice, loans and grants, etc.
Factors to Consider While Selecting a Topic:
- The topic should align with your interests.
- Avoid researching on pre-researched topics.
- Don’t go for fuzzy and large topics.
- Be objective while choosing the topic.
- Evaluate the literature review.
- Ignore the too broad/too narrow topics.
- Check the topic’s relevance to the real world
- Always look at the research scope
- Look for topics with researchable and measurable outcomes.
- Identify the gaps in the literature.
- Seek feedback in the early stages.
- Explore the current trends.
- Think practically of the data type (Primary data, Secondary data )
Some topics you can consider while writing a dissertation on Budgeting, Forecasting and Financial Management
- Evaluating the effectiveness of Budgeting techniques in UK Firms.
- The Influence of Financial Management on Cash Flow Management
- Using AI to improve Budget forecasting in UK Financial Institutions
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Now, we will walk through the individual components of the dissertation.
Each chapter in a dissertation plays an important role, from establishing the background to presenting findings and ending with valuable recommendations. Here is what each section consists of
CHAPTER 1: INTRODUCTION
- This is the first page of the dissertation. It opens the discussion by
- explaining the topic
- Relevance to the real world
- Main research objectives and questions
- Research problems /gaps
- Brief overview of the methodology involved
CHAPTER 2: LITERATURE REVIEW
Its purpose is to critically evaluate pre-researched topics and related theories. It covers :
- Summary and evaluation of academic sources
- Discussion of Key Theories
- Gaps in current knowledge
- Connecting the links between the literature and the research question
CHAPTER 3: RESEARCH METHODOLOGY
Its purpose is to explain how the data has been collected and the reasons behind choosing certain methods. It includes :
- Research approach
- Data collection methods
- Sampling techniques
- Data analysis tools
- Ethical consideration
- Limitations, if present
CHAPTER 4: DATA ANALYSIS & RESULTS
Its objective is to present the results of the research. This chapter highlights :
- Presentation of the raw data
- Charts, graphs and tables
- Statistical analysis of the data
- Key findings and their summary
NOTE: Data should be factual and free from any kind of interpretation.
CHAPTER 5: DISCUSSION
Unlike in data analysis, findings are interpreted and connected to the literature and research objectives. It comprises:
Explanation of what the findings mean
Comparison of the theories and literature
Pattern interpretations
Address each research question/objective
Highlights unexpected outcomes
CHAPTER 6: CONCLUSION
Summarise the findings, and it reflects the overall contribution of the studies. This part details :
- Restating the research aim/objectives
- Summary of the main findings
- Limitations of the study
- Significance and unique contributions of the study
CHAPTER 7: RECOMMENDATIONS
Recommendations reveal practical or theoretical suggestions based on the findings of the research. It encompasses:
- Suggestions for improving the practice of budgeting and forecasting practices
- Scope for further research
CHAPTER 8: REFERENCES
References are the list of all the academic sources you have mentioned in the dissertation. It presents :
- Bibliography, which is properly formatted using APA and Harvard these apps can help in avoiding plagiarism as well.
Wrapping up:
Business dissertations serve as an academic exercise that tests students’ understanding of the theoretical approach. About budgeting, forecasting and financial help, students gain excellent opportunities that impact business performance and sustainability.
If you are exploring budgeting, forecasting, or financial help, our experts from academic writing help are always there to hear from you.
