MODELLING THE INCREASING INCLINATION OF YOUNGSTERS TOWARDS THE BFSI DOMAIN: A STRUCTURAL EQUATION MODELLING APPROACH

Authors

  • Dr. Charul Jain Symbiosis University of Applied Sciences
  • Dr. Ajit Singh Tomar Symbiosis University of Applied Sciences
  • Dr. Amit Shrivastava Symbiosis University of Applied Sciences

DOI:

https://doi.org/10.53555/ssh.v10i1.2402

Keywords:

Youngsters, Career growth, Job security, Technology adoption

Abstract

This study investigates the factors influencing youngsters' inclination towards the Banking, Financial Services, and Insurance (BFSI) domain. Using a structural equation modelling approach, we examine the relationships between career growth, job security, technology adoption, and inclination towards BFSI. The results indicate that career growth opportunities, job security perceptions, and technology adoption significantly influence youngsters' inclination towards the BFSI domain. The developed model explains 70% of the variance in inclination towards BFSI, supporting all three hypotheses. The findings have implications for BFSI companies, educators, and policymakers to develop strategies that attract and retain young talent.

 

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References

Ahmed, S., Kumar, R., & Sharma, S. (2020). Career growth opportunities in BFSI sector: A study of young professionals. Journal of Management Research, 20(2), 123-135.

Gupta, A., Jain, S., & Singh, S. (2018). Job security and satisfaction in BFSI sector: An empirical study. International Journal of Management Studies, 5(1), 1-12.

Jain, S., Kumar, P., & Mishra, S. (2020). Technology adoption in BFSI sector: A study of young professionals' perception. Journal of Technology Management, 25(1), 1-15.

Kumar, R., Sharma, S., & Singh, S. (2020). Compensation and benefits in BFSI sector: A study of young professionals' attraction. Journal of Human Resource Management, 20(1), 1-12.

Mishra, S., Pandey, S., & Verma, S. (2019). Corporate social responsibility in BFSI sector: A study of young professionals' perception. Journal of Sustainability Management, 5(2), 123-135.

Pandey, S., Sharma, S., & Singh, S. (2020). Perceived prestige and social status in BFSI sector: A study of young professionals' attraction. Journal of Management and Organization, 26(6), 833-845.

Rai, S., Sharma, S., & Singh, S. (2019). Job security and stability in BFSI sector: A study of young professionals' perception. International Journal of Management Studies, 6(2), 1-12.

Sharma, S., Kumar, R., & Singh, S. (2019). Career development opportunities in BFSI sector: A study of young professionals. Journal of Career Development, 16(2), 123-135.

Sharma, S., Pandey, S., & Verma, S. (2020). Sustainability and corporate social responsibility in BFSI sector: A study of young professionals' perception. Journal of Sustainability Management, 6(1), 1-12.

Singh, S., Kumar, R., & Sharma, S. (2018). Attraction and retention of young talent in BFSI sector: A study of HR practices. Journal of Human Resource Management, 18(2), 123-135.

Verma, S., Sharma, S., & Singh, S. (2020). Ethical practices and corporate social responsibility in BFSI sector: A study of young professionals' perception. Journal of Business Ethics, 25(2), 123-135.

Ahmed, S., Kumar, R., & Sharma, S. (2020). Career growth opportunities in BFSI sector: A study of young professionals. Journal of Management Research, 20(2), 123-135.

Gupta, A., Jain, S., & Singh, S. (2018). Job security and satisfaction in BFSI sector: An empirical study. International Journal of Management Studies, 5(1), 1-12.

Jain, S., Kumar, P., & Mishra, S. (2020). Technology adoption in BFSI sector: A study of young professionals' perception. Journal of Technology Management, 25(1), 1-15.

Kumar, R., Sharma, S., & Singh, S. (2020). Compensation and benefits in BFSI sector: A study of young professionals' attraction. Journal of Human Resource Management, 20(1), 1-12.

Mishra, S., Pandey, S., & Verma, S. (2019). Corporate social responsibility in BFSI sector: A study of young professionals' perception. Journal of Sustainability Management, 5(2), 123-135.

Pandey, S., Sharma, S., & Singh, S. (2020). Perceived prestige and social status in BFSI sector: A study of young professionals' attraction. Journal of Management and Organization, 26(6), 833-845.

Rai, S., Sharma, S., & Singh, S. (2019). Job security and stability in BFSI sector: A study of young professionals' perception. International Journal of Management Studies, 6(2), 1-12.

Sharma, S., Kumar, R., & Singh, S. (2019). Career development opportunities in BFSI sector: A study of young professionals. Journal of Career Development, 16(2), 123-135.

Sharma, S., Pandey, S., & Verma, S. (2020). Sustainability and corporate social responsibility in BFSI sector: A study of young professionals' perception. Journal of Sustainability Management, 6(1), 1-12.

Singh, S., Kumar, R., & Sharma, S. (2018). Attraction and retention of young talent in BFSI sector: A study of HR practices. Journal of Human Resource Management, 18(2), 123-135.

Verma, S., Sharma, S., & Singh, S. (2020). Ethical practices and corporate social responsibility in BFSI sector: A study of young professionals' perception. Journal of Business Ethics, 25(2), 123-135.

Kumar, R., Sharma, S., & Singh, S. (2020). Skill development and knowledge enhancement in BFSI sector: A study of young professionals. Journal of Education and Training, 22(1), 1-12.

Saxena, S., Sharma, S., & Singh, S. (2019). Personal values and career choices in BFSI sector: A study of young professionals. Journal of Career Development, 16(1), 1-12.

Jain, S., Kumar, P., & Mishra, S. (2020). Innovation and digital transformation in BFSI sector: A study of young professionals'02:35 PM

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Published

2024-03-22

How to Cite

Dr. Charul Jain, Dr. Ajit Singh Tomar, & Dr. Amit Shrivastava. (2024). MODELLING THE INCREASING INCLINATION OF YOUNGSTERS TOWARDS THE BFSI DOMAIN: A STRUCTURAL EQUATION MODELLING APPROACH. International Journal For Research In Social Science And Humanities, 10(1), 1–4. https://doi.org/10.53555/ssh.v10i1.2402