Research Journal of Economics & Business Studies - RJEBS - The ...

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possible alternative techniques, the necessary skill, the prevailing market conditions and the development of the intuitions which are useful for economic efforts. These are the reasons of low quality of population. According to the UNDP, the human development report-2005, the education index for Bangladesh for the year of 2003 was 0.45, 0.44 for Pakistan, for India it was 0.61. As far concerned HDI, it was 0.520 for Bangladesh, 0.527 for Pakistan, for India it was 0.602. The gross enrollment ratios are comparatively lower in Bangladesh with the other countries of the region. Recently, it has been observed that the Government of Bangladesh is serious to resolve the issues. The government of Bangladesh has not only increased expenditure on education but also made effective and better planning. Objectives of the study The Study aimed at determining the patterns of higher education’s impact on Human development in Bangladesh. Most importantly, the study pursued the following specific objectives: • To find the predictors of higher education index as means of Human development in Bangladesh • To formulate recommendations for the improvement of Higher education across the country. Literature Review Some empirical studies regarding education and their impact on Human development in Bangladesh is reviewed in this section. Schultz T.W (1960) has studied contribution of education to national income for the US for the period 1990-1956. He has found that the income elasticity of demand for education was about 3 over the period. Education could be considered as an investment which is 3.5 times more attractive than investment in physical Capital. Schultz has also tried to measure the total stock of educational capital for the US at different points in time. The result indicates that the ratio of the stock of educational capital to stock of physical capital raises form 22 % in 1900 to 42 % in 1957. Panchamuki P.R (1965) has made educational capital estimates for India. His estimates of educational capital reveal that cost of formal educations in India raises from RS. 341 corers in 1950-51 to RS. 769 corers in 1959-60. Data and Methodology: The data used in the present study is collected through field survey in the year 2011-2012, considering the sample of different universities in Bangladesh. Activities of higher educational intuitions are examined by studying various educational factors. In this study non probability sampling is used. We have collected our primary data from 100 students of 4 Universities randomly on the basis of convenience. Primary data have been collected from personal interview method. We have used 5 point scale to get the responses. To process and analyzed the data SPSS 17.0 has used. Factor Analysis Factor analysis is applied to investigate with a set of small number of uncorrelated factors. The result of this factor analysis is used in multivariate analysis, specifically used to principle component analysis. So, we have two Hypotheses to test: Ho: Variables are uncorrelated H1: The variables are correlated. Multiple Regression Analysis: www.theinternationaljournal.org > RJEBS: Volume: 02, Number: 08, June-2013 Page 34
By conducting multiple regression analysis, the study has shown how dependent variable changes according to the changes in independent variables. Therefore, we can formulate the following Hypotheses: Ho: b1 = b2 = b3 =b4= ....…… = 0 (no relationship between dependent variable and independent variables) H1: b1 ≠ b2 ≠ b3 ≠ b4 ≠ 0 (significant relationship between dependent variable and independent variables) The basic model is given below: Human Development= a+ b1* Criteria based on brand + b2* Internship + b3* On campus interview + b4* Language club + b5* Knowledge based scholarship + b6* Campus atmosphere + b7* Own premises + b8* Workshop + b9* Computer Skill + b10* Training + b11* Satisfaction Regarding quality of education, Here, a= Constant; bi= Slope; Results and Analysis Factor Analysis To extract minimum number of factors, Principal Component Analysis (PCA) with varimax rotation was used. A Principal Component Analysis is a factor model in which the factors are based upon the total variance. In addition to selecting the factor model, we have specified how the factors are to be extracted in such a way that each factor is independent of all other factors. The Principle Component Analysis has used and total 11 variables have included in the factor analysis. At first correlation matrix has constructed and then tests the appropriateness of factor model. Bartlett’s test of Sphericity has been used to test the hypothesis that variables are uncorrelated in the population. Table 1: KMO and Bartlett's Test Kaiser-Meyer-Olkin Measure of Sampling Adequacy. Bartlett's Test of Sphericity Approx. Chi-Square 143.332 df 55 Sig. .000 From the table, it is found that the approximate chi-square statistics is 143.332 with 55 degrees of freedom which is significant at .05 levels and the value of KMO statistics (0.655) is also greater than .655 www.theinternationaljournal.org > RJEBS: Volume: 02, Number: 08, June-2013 Page 35
Page 2 and 3: Table of Contents Articles STUDY ON
Page 4 and 5: vantage of aligning the sales techn
Page 6 and 7: 4. RESULTS AND DISCUSSION 4.1 DEMOG
Page 8 and 9: level. Young consumers who fall in
Page 10 and 11: 13. Hiu A, Siu N, Wang C, Chang L.
Page 12 and 13: asic information about the MGNREGA.
Page 14 and 15: The MGNREG act rightly pointed out
Page 16 and 17: H.S.C 01 (5.26) 02 (6.45) 01 (6.25)
Page 18 and 19: H.S.C 03 - 02 - 02 - 7 - 07 (4.66)
Page 20 and 21: Blue Ocean Strategy and the dynamic
Page 22 and 23: The market positioning concept was
Page 24 and 25: Figure 1 The Value Innovation Proce
Page 26 and 27: The “dynamic strategy” model is
Page 28 and 29: Importance of technology, innovatio
Page 30 and 31: 4.6 Question: Do you think a consta
Page 32 and 33: introduced. Every innovation; telev
Page 34 and 35: Porter, ME (1980) Competitive Strat
Page 38 and 39: 0.5. So the factor analysis may be
Page 40 and 41: [3] Boshoff, C 1997,‘An Experimen
Page 42 and 43: Industry Life Cycle Curve: The Wiz-
Page 44 and 45: Segmenting the Market Geographic: T
Page 46 and 47: The basic objective of WTO were: Tr
Page 48 and 49: the application of intellectual pro
Page 50 and 51: Under The US Endangered Species Act
Page 52 and 53: organization is one continued failu
Page 54 and 55: upwardly through international coor
Page 56 and 57: Public Distribution System and its
Page 58 and 59: Compone nt Tota l Table 2 Service Q
Page 60 and 61: Table 3 Satisfaction of PDS functio
Page 62 and 63: Table 7 Correlation - Adequate Quot
Page 64 and 65: education and across the business s
Page 66 and 67: Fig. 1: Model for Management Educat
Page 68 and 69: forms of competition from those tha
Page 70 and 71: Kohn. A. (1986) No Contest: The Cas
Page 72 and 73: weaknesses in the context of the cu
Page 74 and 75: therefore the investments need a co
Page 76 and 77: developed by NHCC. In fact, the pos
Page 78 and 79: Table 3: The SWOT Matrix for NHCC O
Page 80 and 81: A Comparative Study of Gross NPA of
Page 82 and 83: 3.2 Priority Sector advances Priori
Page 84 and 85: 3.1 Bank-wise NPA in 2009 (Amount i
Page 86 and 87:
3.3 Bank-wise NPA in 2011 (Amount i
Page 88 and 89:
5) Conclusion: The level of NPAs in
Page 90 and 91:
million customers in 118 countries
Page 92 and 93:
The Big Mac concept is very popular
Page 94 and 95:
Indian farmers. "Ask McDonald's abo
Page 96 and 97:
Fig.No.4: Shows the preference towa
Page 98 and 99:
perception towards quality of McDon
Page 100 and 101:
Zone of Tolerence for the Banks: Ex
Page 102 and 103:
Customer Satisfaction Kotler and Ar
Page 104 and 105:
The service quality attributes are
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Ing. Vysya and Karnataka bank, arri
Page 108 and 109:
E20 .891 E21 .876 E22 .395 Extracti
Page 110 and 111:
Brown T J and Churchill, G A and et
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