THE ROLE OF COMPUTER IN FINANCIAL INSTITUTIONS (A CASE STUDY OF UNION BANK OF NIGERIA PLC)

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PROPOSAL

The study is made of five chapters.      

Chapter one deals with the introduction and the definition of computer, statement of the ssssstudy. It will also deal briefly on the objective and the scope and the limitation of the study including research questions. The research work has objective if providing an insight into the usage of computer and the role it plays in financial institution.

Chapter two will deal with the evolution of computer which will give brief historical background of financial institution. How it provides the profits growth, wealth maximization, store information, counting money and make work faster in the institution and the overall performance in an institution e.t.c. and also to identify some of the basic problems which are likely to be associated with computerization in the financial institution and the danger of computer system.

Also talks about historical background of Union Bank of Nigeria, aims and objective of the Union bank of Nigeria and their roles.

Chapter three will highlight the procedure in the research work. The research is designed to examine the impact of computerization in the financial institutions.

TABLE OF CONTENTS

Title page

Certification

Dedication

Acknowledgment

Proposal

Table of contents

CHAPTER ONE:         INTRODUCTION

1.1 Introduction

1.2 Statements of the study

1.3 Objectives of the study

1.4 Significance of the study

1.5 Scope and Limitation of the study

1.6 Definition of related terms

CHAPTER TWO:         LITERATURE REVIEW

2.1 The Evolution of Computer

2.2 Historical Background of Financial Institution

2.3 The role of Financial Institution

2.4 Types of Computer

2.4.1 Digital Computer

2.4.2 Analogue Computer

2.4.3 Hybrid Computer

2.4.4 Merit and demerit of Computer

2.5 The Danger of Computer system

2.6 Historical Background of Union Bank of Nigeria PLC

2.7 Aims and Objective of Union Bank of Nigeria PLC

CHAPTER THREE:     RESEARCH METYHODOLOGY

3.1 Introduction

3.2 Research Design

3.3 Research Instrument

3.4 Method of Data Collection

CHAPTER FOUR:       DATA ANALYSIS AND RESEARCHING FINDINGS

4.1 Data Analysis and Research findings

4.2 Data Analysis

4.3 Findings

4.4 The Roles of Computer in Union Bank of Nigeria Plc

4.5 The Organizational Structure of Union Bank

CHAPTER FIVE: SUMMARY, RECOMMENDATION AND FINDINGS

5.1    Introduction

5.2    Summary

5.3    Recommendations

5.4    Conclusion

References

Bibliography

Journals, Manuals and Periodicals

CHAPTER ONE

1.1    INTRODUCTION

        Many offices in an organization play an important role in the day to day running of activities of the organization. And this is done in form of communication between management, employee and Clients in financial institutions.

         In offices, plans are devised, instruction raised, information coordinated and result compiled, offices provided a focal point of activity for the public receiving and using communiqués, handling files and finances.

    Computer is now mostly used in offices as one of the equipment in financial institutions. And this computer performs many functions apart from calculating function. It also performs different functions as data analysis, prediction, the identification of trend and even the creation of new approaches and ideas.

    Computer is a machine with power to manipulate symbols which represent information such as names and numbers. And in that case, we can view that computer is a symbol Manipulation device (SMD). Computers are used worldwide to perform thousand of different jobs. It helps engineers in designing, e.g. bridges and also helps in Bank during Computation of Accounts.

       Computer can store variety of information recorded by people and almost instantly recall it for use. They can calculate ten millions of things faster than the human brain and solve in seconds many problems that would take batteries of experts’ tears to complete.

1.2    STATEMENT OF THE STUDY

     Ajaegbu N.T. (1993) in his manual defined statement of the study (problem) as “a theoretical position of a speculation on the ways in which different factors or element of problems interest or relate one to other in the context of the problem being investigated”.

      The major problems to businessman are the risk and uncertainty behind business. And in other to produce these uncertainties, modern financial institutions have found computer useful in day to day running of the business.

     The question that is of most importance to observe is “How effective are computers used in financial to achieve their aims and objectives.”

        This is the climax of the study. The researcher will in the light of this address the following major research questions.

1.      How effective are computer used in financial institutions?

2.      What are the limitations that institutions come across while using computer in the others?

3.      What risks are taken by computers users in all institutions?

4.      To what extent has Government Bank considered the service of computers more lucrative than those of human hand

5.      What problems (Social, Political and Economics) are created as a result of the increase in the use of computer in financial institutions?

THE ROLE OF COMPUTER IN FINANCIAL INSTITUTIONS (A CASE STUDY OF UNION BANK OF NIGERIA PLC)