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EduREPORTS is a programme where we publish the research reports created by the  graduating cohorts of the WorkEx Bootcamp and independent research submitted from our community on diverse topics such as technology, social welfare, and more.  EduREPORTS EduREPORTS is an online publication where we share the research reports created by the graduating cohorts of EduSpace programmes and independent research submitted from our community on diverse topics such as technology, social welfare, and more. AI – A Necessary Evil? by Krisha Makharia Artificial Intelligence (AI) is rapidly transforming the way we all live, our personal life, our occupation, our education, our relationship with other human beings and non-living beings, how we get to fulfil our aspirations etc. AI (and generative AI) is the next biggest transformation we are all witnessing and luckiest to be part of this historical journey. Read More Banking and the Future of Indian Banking by Samaira Dayani The banking sector is poised to grow at a rapid pace by digitizing financial services dissemination, further formalizing credit to micro, small and medium enterprises (MSMEs), adopting innovative digital operating models, adapting to the continuously evolving landscape, benefiting from the adoption of emerging technologies, and driving consumption-fueled growth for our economy. Read More Consumer Behavior by Asiya Agarwal For businesses aiming to thrive in competitive markets, understanding consumer behaviour is essential. It guides the development of effective marketing strategies that align with consumer needs and desires. Read More Consumer is the King by Aman Jalan Consumer behaviour is the study of psychological, physical and social actions when individuals, groups or organizations buy, use and dispose of products, services, ideas, and practices. Read More EVs - The next big thing in saving the environment by Vidur Jhunjhunwala This study investigated the background characteristics and environmental impacts of EVs with an emphasis on their potential in the Indian market. Read More Economics' Perspectives on Modern Finance by Dweej Desai In synthesizing these diverse elements, this research contributes not only to a nuanced understanding of economic systems and policies but also highlights the imperative of prudent financial management and responsible corporate governance in navigating the complexities of the contemporary economic landscape. Read More Emerging Technology Trends in Finance by Rian Sanghavi This research paper explores the profound impact of emerging technology trends on the finance industry in the 21st century. It delves into key technological advancements such as big data, blockchain, machine learning (ML), and artificial intelligence (AI), examining their applications in finance and accounting. Read More Essence of Digital Marketing by Zaynah Buhariwala How many of us bother to watch an entire advertisement between our much-loved YouTube content? The old paper board advertisements are now replaced with electric billboards, which change every 2 minutes. Insta ads and more, the future of marketing. Read More Finance, Banking and the Economy at large by Divyes Chakravarty Gain an understanding of how money, banking and the financial system intersect and work. The different concepts, principles and intricacies of money and more. Read More How do the anchoring effect, emotional resonance and social identity influence the purchase of modern art by Antara Tibrewala What exactly leads people to purchase art? In today’s modern landscape, the interactions between a consumer and an artwork are not elementary – collectors make careful and precise decisions driven by various motivations and assessments. It is said that decision-making processes in art consumption can be influenced by the psychology of how consumers think, feel, argue, and select among existing alternatives, as well as how their environment (e.g., culture, family, media) affects them (Stankevich). Read More Indian Asset Management by Rishabh Keshiv Sehgal This report will cover various types of asset classes present in India, and deep dive into India's Asset Management industry with a comparison against global markets. Read More International Marketing by Ananya Choksi Marketing in today’s world has become complex as many businesses now have their operations across continents. Mass marketing is now being replaced by focused marketing. Understanding the local marketing and keeping the sentiments of the different groups and communities in mind, marketing strategies require adaptation to the regional specifics. Read More Mathematical Modeling of Business Processes by Angel Saraogi Understand how money, banking and the financial system intersect and work. Enhance decision-making, reduce costs, manage risks, and increase efficiency in order to boost competitiveness and success. Read More Money, Banking and Finance by Ananya Jain Money and banking are necessary components of every current economic system, since they facilitate production and consumption activities, as well as financial transactions inside and beyond national boundaries. Since the end of the fixed exchange rate system (1946–1973), financial market transactions have increased in volume and scale globally, while the frequency and ferocity of financial crises have increased considerably. Read More Navigating the New Marketing Frontier by Maya Dave The landscape of marketing and communication has evolved significantly in the digital age. In a world driven by technology and data, it is crucial to explore and evaluate these techniques to make informed decisions in marketing and communication strategies. Read More Parenting and Education During Early Childhood by Tanvi Mehta Psychologists like Jean Piaget and Diana Baumrind were influential in creating an understanding for child cognition development and the influence of parenting styles. Parenting, caregiving and education set the foundation for a child’s growth physically, emotionally and mentally. It influences how a child interacts with objects and with people. Therefore, there is much research being done to enhance early childhood education. Read More Role of Epigenetics in Aging and Longevity by Rishi Mehta Aging is a universal and multifaceted process that leads to a decline in bodily functions over time and eventually leads to death. The phenomenon of aging is usually associated with genetic and metabolic factors, however, it can also be understood through epigenetic factors. Epigenetics include a wide variety of variables like DNA methylation, histone modifications, and non-coding RNA, all of which can impact aging and longevity. These epigenetic factors are extremely dynamic as changes in lifestyle or environment can lead to drastic changes in one’s epigenome. These changes have a direct impact on aging and when unregulated can lead to diseases and intensify aging. In this paper, we will talk about the factors that affect aging by looking at epigenetics, factors affecting epigenetic markers, inheritance, methods to slow down aging, and pharmacological intervention to improve longevity. Read More Technological Advancements in Solar Power Generation by Samyukhta Kannan Bell Laboratories created the first silicon solar cell in 1954. This breakthrough sparked a flurry of new discoveries in the field of solar energy. Solar energy is the radiant light and heat from the Sun that is captured and used in a variety of methods. The technological advancements since have shown the growing potential to use this as a reliable energy source. Read More The Indian Market Analysis of Assets by Arham Bafna This paper explores the various facets of the Indian asset management industry, focusing on different types of asset classes, the growth and dynamics of the sector, and the key players that have shaped its development. In this study, I have delved into the core principles of asset management, examining how it facilitates the effective allocation of investments and the management of risks and returns for investors. Read More Artificial Intelligence: Boon or Curse? by Prachi Saswade Artificial Intelligence is used in almost every sector in the world today, extensively in the business world. There are many discussions about the impact of AI, both positive and negative. Read More Bioengineering of tissues: Importance of scaffolds in tissue engineering by Nidhi Deherkar Bioengineering is a fascinating field which amalgamates knowledge and methods of biological systems and engineering technology to develop products of immense value in rapid disease diagnostic devices, tissue-engineered organs, biopharmaceutical and many more areas. Read More Consumer Pricing Behavior: An In-depth Analysis of Price Perception and Decision-Making by Samaarra Agarwal Consumer pricing behavior is a key and complex component of the contemporary market. Here, we analyze how people make decisions in their quest of value, which sits at the nexus of psychology, economics, and marketing. Read More Digital Communications by Yash Vadhar The marketing aspect of a business that exits in order to address people’s needs and wants by promoting certain products or even a business for that matter. Whilst all that even in current times stays to be true, there are advancements and developments that have now led to the innovation of a new type of marketing, known as Digital Age Marketing. Read More Economics of Consumer Behavior by Maitri Varaiya The project aims to investigate how economic variables and psychological processes interact to influence consumer decision-making. It will blend theory and practice to develop a holistic understanding of consumption patterns, with implications for business, public policy, and behavioural economics. Read More EduTech - The New Age Education by Anoushka Sen EduTech is a developing industry in education, that has been propelled by the COVID-19 pandemic. Learn about the key players, untapped areas, impact, and future prospects of the industry. Read More Emotions in Branding by Naisha Sahney Brand storytelling is redefining modern marketing by establishing emotional connections, increasing memorability in a congested information world, and setting businesses apart through authentic and compelling storylines Read More Evolving Marketing Tools and Techniques by Nikita Khaitan Understanding the Switch from traditional to digital marketing. Nike as a case study and the role of AI, big data, and metaverse. Read More Historical Importance of Jewellery by Manasa Kalyan Jewelry symbolizes currency, fashion, wealth, social status, and additionally can also be treated as an investment. It is either purchased by one or passed down as an heirloom, provided as a protection, or to symbolize a relationship. It is more than just an accessory. It has something to offer everyone. Read More Impact of Gut Enzymes on Human Health by Anay Suralkar The human gastrointestinal tract is a highly complex environment in which diet interacts with body enzymes and resident microbes to support health. This provides an overview of the diverse array of gut enzymes produced by gastrointestinal tissue and microbes, as well as how pH, dietary nutrients, and microbial composition influence their function. The article also reports on the function of the gut microbiota in modulating immune function, metabolism, brain function, skin health, cardiovascular health, and cancer prevention. Read More International Banking by Tarun Natarajan International banking is a complicated system that comprises of multiple structural subgroups, each of which performs a specific role. This study will be on the unique characteristics of international banks and the wide range of duties they perform. Read More Iron Ore Global Supply and Consumption by Avyakt Agarwal Iron ores are rocks and minerals from which metallic iron can be economically extracted. Iron ore serves as the primary raw material for steel production. Iron ore is abundant worldwide, with major reserves located in countries such as Australia, Brazil, China, India, and Russia Read More Middle Childhood and Adolescence by Tanvi Mehta Changes occur biologically, cognitively and in sociocultural contexts during middle childhood, adolescence and the transformative phase between the two development periods. These changes not only impact the individual themselves, but the family and peers around them. Conversely, the family and peer relationships influence how the child or adolescent behaves, the activities they engage in and how they view themselves. Read More NGOs in the Indian Landscape by Dodda Teja Adarsh India as a country: Our eyes reach the stars, our feet are going down quicksand. With a robust state network system and a far-reaching executive, India is still not even close to even achieving universal access to basic services. This glaring gap is taken care of by the intricate NGO sector. Read More Nuclear Power: Boon or Bane by Janki Padia Several academicians believe that a mixed assortment of alternative energies will be needed if we are to replace fossil fuels and 1.5 degrees Celsius (2.7 degrees Fahrenheit) above preindustrial levels and to secure net-zero emissions by 2050. However, nuclear power is not an easy pill to swallow, not even in the progressive or climate circles. Read More Philanthropy in India: Evolution over the Past 20 years and the Role of US Based Philanthropic Organisations by Jeh Dinshaw Through this paper, I aim to understand how Indian philanthropy has evolved, not only in terms of the amount given, but also in how it is thoughtfully and effectively conducted. I also highlight the challenges still facing the sector, including the need for greater transparency, broader participation, and improved coordination. Thus, my goal is to analyse not just where Indian philanthropy stands today, but also how it can grow even stronger tomorrow with support from both within and outside the country. Read More State Disaster Management Plan for State of Maharashtra by Lakshya Tiwari This policy paper addresses the urgent need to strengthen disaster preparedness and hospital emergency management in Maharashtra. With rising climate risks, rapid urbanization, and increasing hazard exposure—from floods and heatwaves to industrial accidents and cyber threats—the state faces complex vulnerabilities. Read More Technological Innovation and Customer Engagement strategies by NIO in the Chinese Market by Keyaan Vastani To what extent has NIO’s technological innovation and customer engagement strategies contributed to its success in the Chinese EV market?” Read More The Relationship between Finance and Economies by Veer Sharma Studying the system interactions and linkages between banking, finance and governance. Read More Reach out with your Research Name Email Phone Upload Your Report (PDF) Upload supported file (Max 15MB) Submit Thanks for submitting!

< Back Consumer Pricing Behavior: An In-depth Analysis of Price Perception and Decision-Making by Samaarra Agarwal Consumer pricing behavior is a key and complex component of the contemporary market. Here, we analyze how people make decisions in their quest of value, which sits at the nexus of psychology, economics, and marketing. Abstract Consumer pricing behavior is a key and complex component of the contemporary market, influencing the dynamics of companies, markets, and economies all over the world. A fascinating perspective through which to analyze how people make decisions in their quest of value is provided by this topic, which sits at the nexus of psychology, economics, and marketing. Consumers today have more power than ever because of an abundance of options and unmatched access to information, and their pricing behavior has changed as a result. This paper explores the complex world of consumer price behavior with the goal of illuminating the different forces, motives, and influences that influence people's decision-making around pricing. As buyers, we continually assess pricing, contrast items, and look for the greatest offers, all of which have an impact on the things we buy. Understanding these nuances is essential for both politicians working to establish a just and consumer-friendly economic climate as well as businesses trying to prosper in cutthroat marketplaces. 1. Introduction Consumer pricing refers to the various prices paid by buyers of a good or service. The study of consumers and the methods they employ to select, use (consume), and discard goods and services, as well as the emotional, mental, and behavioral responses of consumers, is known as consumer behavior. For firms to develop powerful marketing tactics that may affect customers' decision-making processes, understanding consumer behavior is essential. Businesses may target certain demographics with their marketing campaigns, increase customer loyalty, and spot new trends by studying consumer behavior. Additionally, by using this information, organizations may stay one step ahead of the competition and adjust to shifting consumer preferences. Every effective marketing plan must take into account customer behavior. Businesses may create efficient marketing strategies that satisfy the demands of their target market by researching the elements that affect customer behavior. Understanding consumer behavior is crucial for marketers because it enables them to better communicate with customers. They can close the market gap and pinpoint the items that are required and the products that are no longer in use by knowing how customers choose a product. Marketing professionals may display their goods in a way that has the most influence on consumers by researching consumer behavior. Understanding consumer purchasing behavior is the key to connecting with, involving, and convincing potential customers to make a purchase from you An examination of customer behavior should show: What consumers think and how they feel about various alternatives (brands, products, etc.)? What influences consumers to choose between various options? Consumers’ behavior while researching and shopping? How consumers’ environment (friends, family, media, etc.) influences their behavior? Numerous factors frequently affect consumer behavior. Marketers should research customer buying trends and purchase behaviors. Most of the time, companies only have control over certain factors that affect customer behavior. There are three categories of factors that influence consumer behavior: Personal factors: Demographics (age, gender, culture, etc.) can have an impact on a person's interests and attitudes. Psychological aspects: a person's views and attitudes will determine how they react to a marketing message. Social variables such as family, friends, money, level of education, and social media all affect consumer behavior. 2. Consumer behavior There are 4 main types of consumer behavior which include: Complex buying behavior: When consumers purchase expensive, occasionally purchased goods, they exhibit this kind of behavior. They play a significant role in the research that customers do before making a high-value investment. Consider purchasing a home or a vehicle; these are examples of complicated purchasing behaviors. Dissonance- reducing buying behavior: Despite being heavily involved in the purchasing process, the customer finds it challenging to distinguish different brands. Dissonance can happen when a customer fears they will regret their decision. Consider purchasing a lawnmower. Choosing one will be dependent on cost and convenience, but once you've made the purchase, you'll want to be sure you picked the appropriate one. Habitual buying behavior: Consumers who make habitual purchases show relatively little interest in the product or brand category. Consider going grocery shopping: you visit the store and purchase the bread of your choice. You don't have a strong brand loyalty; you just act in a repetitive pattern. Variety- seeking behavior: In this instance, a customer buys a different product because of desire for variety rather than dissatisfaction with the prior one. like when you experiment with different smells of shower gel. There are multiple factors that affect consumer behavior for instance: 1. Promotional efforts Purchase decisions are significantly influenced by marketing initiatives. They can even encourage customers to switch brands or choose more costly alternatives if done well, consistently, and with the proper marketing message. Marketing initiatives, like Facebook advertisements for eCommerce, may also serve as reminders for goods and services that must be purchased frequently but aren't always front of mind for customers (like insurance, for instance). Impulse purchases might be influenced by a persuasive marketing message. 2. Economic conditions Economic factors play a significant role, particularly for expensive goods (like houses or vehicles). Regardless of their financial obligations, customers are known to become more self-assured and prepared to indulge in purchases in a healthy economic climate. For more expensive purchases, the decision-making process takes longer and is subject to more subjective influences. 3. Individual preferences Personal characteristics, like preferences, beliefs, morals, and priorities, can also have an impact on how consumers behave. Personal views are extremely potent in sectors like fashion or food. Advertisements may undoubtedly affect behavior, but ultimately, consumer preferences have a big impact on their decisions. No matter how many advertisements for burger joints you see, if you're a vegan, you won't start eating meat as a result. 4. Societal impact Consumer behavior is also influenced by peer pressure. Our decisions may be greatly influenced by what our friends, neighbors, close friends, coworkers, and family members believe or do. Consumer behavior is impacted by social psychology. For instance, choosing fast food over prepared meals is one such instance. Social and educational aspects can influence one another. 5. Purchasing power Not to mention, our ability to buy things has a big impact on how we behave. You will think about your budget before making a buying choice unless you are a billionaire. Even if the product is top-notch and the marketing is spot-on, you won't buy it if you can't afford it. Marketers will be able to identify eligible consumers and provide better outcomes by segmenting consumers based on their purchasing power. 3. The influence of price on demand Demand refers to the quantity of goods consumers are willing and able to buy at different price levels, in a given period of time, ceteris paribus. The price of a product and its demand are negatively correlated; when price increases, demand decreases and vice versa. The figure below illustrates this relationship. Fig 1: Demand curve The quantity demanded of goods and services are shown on the x axis while the price of goods and services are on the y axis. When the price was P A the quantity demanded was Q A shown by point A. However, when the price decreases to P B the quantity demanded increases to Q B shown by point B. This indicates that when price increases, consumers are willing and able to buy less of the goods as it becomes more expensive for them, which affects their behavior. Hence, it is necessary for producers to supply the quantity of goods and services which is equal to the demand of the goods and services, known as the equilibrium quantity. The diagram below illustrates this. Fig 2: Equilibrium demand and supply point Fig 2 shows that the intersection of the demand and supply curve is the equilibrium point where quantity demanded is the same and quantity supplied. The equilibrium price is price p and the equilibrium quantity is quantity q. At this point there is allocative efficiency because the optimum amount of goods and services are being produced from society's point of view. 4. Behavioural Economics Conventional economic models presuppose that customers make logical choices based on all available information, while behavioral economics acknowledges that humans frequently depart from this idealized behavior as a result of social influences, emotional variables, and cognitive biases. Anchoring: When making decisions, consumers frequently use the first piece of information they learn as an "anchor" and base their future choices on it. In terms of pricing, this means that consumers' opinions about whether or not a product or service is a good value can be significantly influenced by the price they initially see for it. Loss Aversion: Individuals often experience greater sorrow from losses than happiness from wins. Customers may be less receptive to price reductions than price rises, which means that this concept affects how they behave while making pricing decisions. Mental Accounting: People frequently divide up their finances into several mental accounts, such as "savings," "entertainment budget," and "grocery budget." Irrational behavior may result from this, such as being prepared to spend more in one area while practicing modest living in another. Prospect Theory: This theory describes how individuals assess possible results. It implies that buyers are more perceptive to shifts in their financial situation and could be willing to take on greater risk in order to minimize losses. This may have an impact on how customers view sales and discounts, which has consequences for pricing strategies and decision-making. Herd Behaviour: People are frequently swayed by the actions of others, which results in herd mentality. Pricing and customer behavior may be impacted by this, since people may be more inclined to buy a product if they observe others doing the same. Endowment Effect: People regard things they already own more highly than they do new ones. People may be more hesitant to part with products at a certain price or may overvalue the objects they already own, which can have an impact on pricing tactics. Confirmation bias : The tendency for consumers to reject information that contradicts their prior opinions in favor of information that supports those assumptions. By offering data to bolster their assertions about price and products, marketers may take advantage of this prejudice. Effects of Framing: Presentational strategies have a big influence on how people behave. Decisions on what to buy can be influenced by different methods to communicate the same price, such as expressing it as a monthly cost rather than an annual cost. Choice Overload: When customers are overloaded with options, they might feel confused and find it tough to decide. Customers may find it easier to make decisions if price alternatives are made simpler. Nudge Theory: Nudges are subtle adjustments to the way options are shown that have the power to affect customer behavior without limiting their options. For instance, making healthier food alternatives more visible might promote better eating habits. 5. Apple case study One well-known example of a business that has successfully used customer behaviour to guide its pricing strategy is Apple Inc. The corporation is well-known for charging high prices for its goods, which include the iPad, iPhone, and Mac PCs. This case study looks at how Apple sets premium prices by taking advantage of customer behaviour and how it affects its market share and profitability. Apple's price approach contributes to the perception that their products are high-end and premium. Apple has established an image of exclusivity and luxury by playing on the psychology of customer behaviour. Consumers frequently believe that greater costs equal better quality, and Apple has established itself as a pioneer in this area. Consumer behaviour and buying decisions are influenced by this view. Elasticity of Demand: Apple is aware that their clientele, who are often called "Apple loyalists," have inelastic demand. This indicates that these customers stick with the brand and that their purchase habits are not much impacted by price increases. Apple maintains premium pricing without seeing a major decline in its client base by taking advantage of this inelastic demand. Apple has made significant investments in product differentiation. They evoke exclusivity by providing distinctive characteristics and a smooth ecology of goods and services. Consumer behaviour demonstrates that buyers are prepared to pay more for goods they consider to be exceptional or unique. Psychological Pricing: To make a product seem more accessible, Apple regularly uses psychological pricing strategies, such as placing costs slightly below a round number (for example, $999 instead of $1,000). This capitalises on the inclination of consumers to concentrate on the leftmost digits and believe that the product is within a cheaper price range. Revenue Maximisation: By raising the price of its products, Apple is able to maximise its revenue through pricing strategy. Apple continues to be very profitable even when its sales volume may be lower than that of competitors that offer alternatives at cheaper prices. Brand Loyalty: Apple has developed a strongly devoted following of customers by evoking an aura of exclusivity and excellence. Customer behaviour suggests that Apple customers tend to stick with the brand, which lowers the chance of customer turnover. Market Share: Due to its premium pricing approach, Apple, particularly in price-sensitive areas, does not achieve a substantial market share in terms of unit sales. Nonetheless, this is consistent with the business's emphasis on profit margins and the development of a unique market niche. Apple's pricing strategy, which prioritises innovation and product uniqueness, has enabled it to sustain a competitive edge. This sets Apple apart from rivals that compete mostly on pricing. Apple Inc.'s pricing approach serves as evidence of the significant influence that customer behaviour has on price determinations. With ramifications for its profitability and market position, Apple has maintained a premium pricing strategy that continues to be effective by understanding consumer psychology and utilising the concepts of perceived value, brand loyalty, and inelastic demand. In order to accomplish company goals, it is critical to match pricing tactics with customer behaviour, as this case study demonstrates. 6. Conclusion Consumers have more power than ever in an age characterized by a wealth of options and unmatched access to information. As a result, their pricing practices have changed, necessitating a thorough investigation of the different factors, incentives, and influences that shape their decision-making. As consumers, we constantly compare products, assess pricing, and look for the greatest offers; these actions have a significant impact on the things we purchase. This knowledge is critical for firms looking to prosper in fiercely competitive markets and for politicians trying to create fair and consumer-focused economic environments. Conclusively, the research undertaken on consumer pricing behavior indicates a multifaceted interaction of variables influencing people's decision-making in the marketplace. This complexity includes characteristics of the individual, the state of the economy, personal preferences, the impact of society, and purchasing capacity. Developing successful marketing strategies, focusing on certain demographics, and adjusting to shifting market conditions all depend heavily on an understanding of customer behavior. Together with the basic link between price and demand, the four main consumer behavior types found in this research offer useful information to companies looking to maximize their pricing tactics. Furthermore, behavioral economics' significant influence emphasizes how important it is for companies to take emotional and cognitive biases into consideration when determining pricing. In today's environment of consumer empowerment, with a wealth of options and easy access to information, responding to changing consumer behavior is indispensable for success. Previous Next

< Back Bioengineering of tissues: Importance of scaffolds in tissue engineering by Nidhi Deherkar Bioengineering is a fascinating field which amalgamates knowledge and methods of biological systems and engineering technology to develop products of immense value in rapid disease diagnostic devices, tissue-engineered organs, biopharmaceutical and many more areas. Bioengineering of tissues : Importance of Scaffolds in tissue engineering by Nidhi Deherkar Introduction Recently there has been tremendous development in the field of technology. This has helped to intensify research in other areas like biology and solve problems in healthcare and other fields. One such area is bioengineering of tissues which address problems of shortage of organ donation and provides other effective alternatives in forms of organ or tissues. They are grown in labs and then transplanted into the body (in vivo)thus saving lives or offering replacement to damaged or lost body parts. There are 2 types of tissue engineering . Hard tissue engineering includes those related to bones and dental implants whereas soft tissue engineering is related to blood vessels ,skin, cardiac patch ,skeletal muscles ,tendon and nerve. Scaffold For making artificial tissue cells ,a scaffold , growth medium with growth factors and suitable environment is required. Scaffolds are an important component of tissue engineering. They provide a framework for which cells get attached. Without attachment to a surface, cells do not survive and multiply efficiently to form a tissue. This is due to the fact that sacfolds are able to provide a 3D environment which creates in vivo-like conditions for effective cellular communication, gene and protein expression or diffusion of various soluble molecules. Under some controlled circumstances, these scaffolds can offer a platform for the release of growth factors and the administration of drugs. Scaffold includes cell growth supports structures made of various types of materials which are classified either based on their physical properties , chemical composition , or physical structure. The medium created by scaffolds is similar to the extracellular matrix in which the cell grows naturally. Bioengineering of tissues _ Final .pdf Download PDF • 755KB Click to read the full research paper Previous Next

To contribute to education in a young India, great visionaries and philanthropists: Pandit Madan Mohan Malviyaji, Shri Jamnalal Bajaj and Shri Anandilal Podar came together to establish the Anandilal Podar Trust in 1921. Acerca de About Anandilal Podar Trust In 1921, Mahatma Gandhi, the Father of the Nation called on the nation to donate Rs. 1 Crore to the ‘Tilak Swaraj Fund’ - to help liberate India. Due to British oppression, there was considerable apprehension to make donations. It was then Shri Jamnalal Bajaj approached Shri Anandilal Podar, a noble-hearted businessman, to help drive the initiative. Shri Anandilal Podar readily donated Rs. 2,01,00 to the fund and this formed the foundation for the Trust. To contribute to education in a young India, great visionaries and philanthropists: Pandit Madan Mohan Malviyaji, Shri Jamnalal Bajaj and Shri Anandilal Podar came together to establish the Anandilal Podar Trust in 1921. It is of utmost pride that Mahatma Gandhiji himself, was the Chairman Trustee of the trust. Anandilal Podar Trust is honoured to be the only private trusteeship that Bapuji ever accepted during his life dedicated to Independent India. Following in this noble vision, the Trust has been committed to giving back and providing quality education to learners in rural and urban areas across the nation. The Trust has established over 37 charitable schools, colleges, management institutes, hospitals, vocational training centres across India - including the first Institute of Management in Rajasthan, bearing the Podar name. Currently, over 30,000 students are studying in these institutions as the Anandilal Podar Trust continues growing to enrich more lives and contribute to lifelong learning. 35+ Institutions 20,000+ Skilled 2,00,000+ Educated

Podar Eduspace is a 21st-century EdTech startup focusing on creating programs for students and professionals to close the employability gap. EduSpace Research Create your edge, intern in your interest Online research internship programme that connects you to mentors to train young professionals to build their profile for the 21st Century. Apply Now CEO featured in CEO Insights as Top Corporate Leaders in Mumbai When CEO Insights Magazines approached our CEO to be featured in their Top 10 Corporate Leaders in Mumbai 2024, we take deep honour in his vision in guiding Podar Eduspace to new heights. This interview discusses our vision – to give access to quality education and upskill India to reduce unemployability, and unlock the country’s youth potential. Read more to learn about our CEO's leadership hacks and how he managed to scale the company to where it is now, navigating through an ever-changing tech and entrepreneurial landscape. Guest speaker as Education Champion at MSME Forum It was a great opportunity to share the future of education and EdTech with different people in the MSME Space. 21st century learners have to find their edge and creating long term value for clients is the key to succeed in EdTech. Participated in Skilling Based Forum Talk at Raj Bhavan It was my utmost honour to represent Podar Eduspace as a leading education and skilling startup in a talk hosted at the Raj Bhavan and having the privilege of meeting the Education Minister of Maharashtra, along with the Sector Skill Council for People with Disabilities Signed an MOU with PRESPL Punjab Renewable Energy Systems Pvt. Ltd. is a premier skilling body and its our honour to be partnering with them to focus on skilling activities in the bioenergy sector across India. Skilling discussions with Invest Punjab It was an honour to meet Invest Punjab and discuss possible synergies in upskilling across Punjab. Meeting with President of India It was our greatest honour to meet with the President of India, Mrs. Droupadi Murmu to discuss future policies regarding EdTech and skilling of India. [PODCAST]: A Candid Conversation with Pooja Sedani It was an honour to be a part of a discussion with Ms. Pooja Sedani and discuss the latest developments in EdTech and the future of skilling. [BLOG] Negotiating across your career When you’re in college and just starting out on your career, questions of self-doubt can plague your mind. When you’re on the cusp of entering the real world, a key skill that not many discuss is the art of negotiation. Read more on EduSPACE: The Blog Podar Eduspace partners with National Skills Development Council Podar Eduspace has partnered with NSDC to bridge the gap between industry & colleges, and increase employment opportunities through their upskilling programs, the WorkEx Bootcamp Program and the 21st Century Digital Skills Bootcamp Programs. The students will have access to courses such as Business Analytics, Business Strategy and Data Science, Cryptocurrency, and Metaverse which are in collaboration with Harvard Business School Online as well as Podar Enterprises and will learn industry ready hard skills, soft skills, and digital skills. After a successful completion of Bootcamp, participants will receive 4 certificates, co-branded by NSDC and Podar Eduspace. Podar Eduspace launches skilling initiatives Through our skilling initiatives we aim to work with the Government of India and MNCs to provide skilling to urban and rural communities across India. Through this vision, we seek to work with Anandilal Podar Trust to contribute and give back to our nation. Our objective is to impact the lives of underprivileged youth by providing them skill, employment and livelihood. We have been implementing partners for large scale government projects including: PMKVY and RSLDC. We engage with corporate sector and PSU's as their preferred partner for implementing CSR Projects across pan-India. We work with marginalized youth, women, specially-abled, school & college drop-outs in both rural and urban India. Our industry-connected skilling model will create a visible impact on the lives of over a million uneducated & unemployed youth who enter the workforce each year. We also aspire to give back to society and contribute to India in becoming the Skill Capital of the World. We are working with the Sector Skill Council for People with Disabilities in states like Maharashtra and Rajasthan to train disabled candidates (hearing, sight and locomotive disabilities) and are employing them in various sectors like logistics, telecommunication, etc. CEO presents at the International Education Expo 2022 Vedant Podar, CEO, Podar Eduspace, was invited to speak at the International Education Expo 2022, A MSME DFO Mumbai Initiate under Ministry of MSME, Government of India Official. He spoke about the challenges faced by students under traditional education process and the gap between their knowledge/skill set and industry requirements and the need of upskilling and staying abreast with latest technologies and trends. He shared Podar Eduspace's vision of spreading 21st century skills with India and empower the students with new age skills, technologies and outlook for successful career. EduREPORT: NGOs in the Indian Landscape India as a country: Our eyes reach the stars, our feet are going down quicksand. With a robust state network system and a far-reaching executive, India is still not even close to even achieving universal access to basic services. This glaring gap is taken care of by the intricate NGO sector. Podar Eduspace launches EduREPORTS A programme where we publish the research reports created by the graduating cohorts of the WorkEx Bootcamp and independent research submitted from our community on diverse topics such as technology, social welfare, and more. Submit your today! EduSPACE: The Blog – Design Think(ing) to Innovate Design Thinking is about taking a human-centred approach to innovation that draws from a designers toolkit to integrate the needs of the consumer. Simply put, it is about thinking about a business problem with sensitivity, and not basing the innovation process solely on numbers, adding a touch of human intuition. Podar Eduspace launches EduSPACE: The Blog Explore the knowledge ecosystem and learn more: featuring articles on technology, business and more. Highlights & Latest Developments In collaboration with: Our Knowledge Ecosystem Our knowledge system Podar Interlink Podar Interlink is the skilling arm of the enterprise focused on connecting Indian talent to international opportunity. We work with 15+ countries and offer the best of Indian talent to skilled demand abroad. Learn More Programmes and Initiatives Latest Launches in Podar Eduspace Skill Centre Collaborating with our sister organization, the Anandilal Podar Trust, to design programmes alongside the Government of India and MNCs to provide re-skilling and up-skilling services to urban and rural communities across India. Learn More Nandini Bansal, WorkEx Bootcamp Cohort 2 Member Master's at XXX University EduSpace Internships EduSpace Internships is a latest addition to our offerings. Apply for research internships in any field of your choice. Connect with industry professionals and take the first step to your dream university or career. Learn More Programmes & initiatives Testimonials Nandini Bansal, WorkEx Bootcamp September 2021 Batch, Fashion Institute Mumbai Nandini Bansal, WorkEx Bootcamp Cohort 2 Member Master's at XXX University Nischita Paderu, WorkEx Bootcamp September 2021 Batch, OP Jindal Global University "The student to faculty ratio was optimal, giving everyone in the cohort a perfect chance to participate in every session." Testimonial

< Back Iron Ore Global Supply and Consumption by Avyakt Agarwal Iron ores are rocks and minerals from which metallic iron can be economically extracted. Iron ore serves as the primary raw material for steel production. Iron ore is abundant worldwide, with major reserves located in countries such as Australia, Brazil, China, India, and Russia Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in colour from dark grey, bright yellow, or deep purple to rusty red. Iron ore is the primary source of the world's iron and steel industries. It is therefore essential for the production of steel Global supply Iron ore serves as the primary raw material for steel production. Iron ore is abundant worldwide, with major reserves located in countries such as Australia, Brazil, China, India, and Russia. These nations account for the majority of global iron ore production, leveraging advanced mining technologies to extract and process vast quantities of ore. The iron ore supply chain involves complex logistics, including mining, beneficiation, transportation, and export, to meet the needs of steelmakers around the world. Market dynamics, geopolitical factors, and environmental regulations influence the global iron ore trade, shaping production patterns and pricing. Collaborative efforts among stakeholders, including mining companies, governments, and international organisations, are essential for ensuring a sustainable and resilient global supply of iron ore to support the steel industry's growth and development. Mining of Iron ore The mining of Iron ore involves a systematic process beginning with exploration and resource assessment. Geologists employ various techniques to identify viable ore deposits, assessing their size, quality, and location. Upon discovery, mine planning and development ensue, including the design of mine layouts and infrastructure. Drilling and blasting techniques are commonly used in open-pit mines to extract ore from the earth's surface. Drill rigs bore holes into the rock, into which explosives are inserted to break up the material. In underground mining, tunnelling methods are utilised to access deeper ore deposits. Once extracted, the ore undergoes crushing, grinding, and benefaction processes to separate the valuable minerals from the waste rock. The resulting concentrate is then transported to steel plants to become a finished product. Australia is the largest producer of iron ore in the world with 900 million tonnes per year. The Mount whaleback mine in Australia produces over 88million metric tons of iron ore. Brazil is the world's second-largest iron ore producer. In 2023, the iron ore mine production output in Brazil was 440 million tonnes. The Serra Norte Mining Complex is the world’s largest iron ore mines in Brazil and produces 109 million tonnes per year. More than 90% of India's overall iron ore shipments go to neighbouring China Types of iron ore There are two types of iron ore magnetite and hematite. Magnetite (Fe3O4) with iron content of 72 percent, while hematite (Fe2O3) has an iron content of 70 percent and is widely used and common to find. The majority of the iron ore found in India is Haematite. Magnetite typically appears black or dark brown with a metallic lustre, contrasting with hematite's variable colour range from black to reddish-brown, often exhibiting a reddish streak. Magnetite is strongly magnetic, whereas hematite is non-magnetic. Magnetite is used in numerous industrial applications such as water filtration systems, magnetic recording and medical equipment. Hematite is a cheaper alternative for steel production compared to Magnetite and has been extensively mined since the Bronze Age Quality of iron ore:- The quality of iron ore plays a pivotal role in the efficiency, cost-effectiveness, and sustainability of iron and steel production. High-quality iron ore, characterized by high iron content and low impurity levels, is essential for ensuring the smooth operation of ironmaking and steelmaking processes. Superior ore quality leads to higher productivity, lower energy consumption, reduced emissions, and improved product quality in the steel industry. It enables manufacturers to produce high-grade steel products with desirable properties. Therefore to judge the quality of iron we judge it by how much iron is there in 100 grams, like fe 64 means 64 grams of iron per 100 grams (Fe refers to the percentage of iron content in the iron ore ) In steelmaking, iron ore with a high iron content, typically above 62%, is preferred. Therefore, iron ore with an iron content of around 62% Fe or higher is typically used to make steel. Higher iron content in the ore results in more efficient steel production processes, lower energy consumption, and higher-quality steel products. However, the specific iron content required may vary depending on the steelmaking process and the desired properties of the final steel product. Majority (over 85%) of the hematite ore reserves are of midgrade (+62% Fe) in India. Though Australia leads in the quantity of iron Ore mined, Brazil dominates the quality game. Carajas Mine Complex owned by Vale provides Iron ore containing around 66%Fe (Iron). The Australian mines provide iron ore with Fe around 62%. India only exports low grade iron which is not used in the country.* Iron Ore Being Converted to Steel Global Consumption The consumption of iron ore is fundamental to various industries and sectors worldwide, serving as a cornerstone material in modern civilization. Iron finds extensive utilization across a spectrum of applications, spanning construction, manufacturing, transportation, and infrastructure development. In construction, iron is employed for its structural integrity in the form of reinforcing bars and frameworks, providing essential support and stability to buildings, bridges, and other infrastructure projects. In manufacturing, iron serves as a foundational material for the production of machinery, equipment, and tools, facilitating industrial processes across diverse sectors. Transportation relies heavily on iron ore-derived steel, forming the core of automobiles, ships, railways, and aerospace structures due to its strength, safety, and relatively light weight. Due to global population growth, urbanization, and industrialization the demand for steel, iron ore is expected to increase. Pricing of iron ore The pricing of iron ore, a crucial commodity in global industrial processes, is influenced by a myriad of factors ranging from supply and demand dynamics to geopolitical tensions and economic policies. Historically, iron ore pricing has been volatile, responding sharply to fluctuations in demand from major steel-producing countries like China and changes in supply due to disruptions in major mining regions such as Australia and Brazil. Additionally, shifts in environmental regulations and technological advancements in mining and processing also play a significant role in shaping iron ore prices. With its pivotal role in steel production, the pricing of iron ore carries implications not only for mining companies and steel producers but also for a wide array of industries dependent on steel products, making it a focal point of analysis for economists and policymakers alike. (Fe 62-64) How do steel prices affect the world Fluctuations in steel prices can ripple through an economy, impacting various sectors and key economic indicators. Firstly, steel prices influence the construction industry, a major consumer of steel, affecting the cost of infrastructure projects and residential/commercial developments. Higher steel prices can inflate construction costs, potentially leading to reduced investment in real estate and infrastructure, thereby impacting economic growth and GDP. If the steel prices rise India, then building houses, construction will become expensive Additionally, steel is a significant component of international trade, with many countries both importing and exporting steel. When steel prices rise, it can affect a country's trade balance, as higher import costs may lead to increased trade deficits. Conversely, steel-exporting nations may experience enhanced export revenues during periods of elevated steel prices. Such shifts can influence a country's overall balance of payments and international competitiveness. Furthermore, fluctuations in steel prices can have cascading effects on related industries, such as manufacturing, transportation, and energy, which are vital contributors to GDP. Therefore, the volatility of steel prices can reverberate throughout the economy, impacting GDP growth, trade dynamics. Large Companies · Australia being the largest producer of iron ore has a 37.6 contribution to the total iron produced in the world. · Brazil is the second largest with the world’s largest mines The Serra Norte Mining Complex · The China Bouwa Steel group is the largest steel factory and consumes over 900 million tonnes of steel. · Arcelor Mittal is the second largest steel company in the world`2 with a revenue of 68 billion dollars · India’s largest steel company is jsw steel which produces over 28 million metric tons. · Baildadila Iron ore mines is India’s largest iron ore mines (owned by NMDC) followed by rungta steel Bibliography Maqro: - https://www.maqro.com.au/blog/iron-ore/what-are-the-differences-between-magnetite-and-haematite-iron-ore/ *Indian bureau of Mines Reuters:- https://www.reuters.com/markets/commodities/indias-sponge-iron-producers-seek-duties-curb-iron-ore-exports-2024-03-20/#:~:text=FIMI%20has%20argued%20that%20India,widely%20consumed%20within%20the%20country . Nasdaq: - https://www.nasdaq.com/articles/iron-ore-poised-to-hit-$150-in-2024-on-chinese-stimulus-analysts-say Global steel:- https://gmk.center/en/news/worldsteel-predicts-recovery-of-global-steel-demand-in-2023-by-2-3/ Vedantu: - https://www.vedantu.com/chemistry/hematite Wikipedia: https://en.wikipedia.org/wiki/Steelmaking#:~:text=To%20make%20steel%2C%20the%20iron,type%20of%20coal%20called%20coke . Statista:- https://www.statista.com/statistics/271979/the-largest-steel-producers-worldwide-ranked-by-production-volume/ - :~:text=Largest steel producers worldwide based on production volume 2022&text=In 2022, China's Baowu Group,was second in the ranking. Visual capitalist: - https://www.visualcapitalist.com/visualizing-the-worlds-largest-iron-ore-producers/ Previous Next

Podar Eduspace offers multiple competitions to challenge yourself and join a global community of like-minded youth and professionals. Acerca de About Podar Eduspace Podar Eduspace is the educational pillar of Podar Enterprise focusing on student programmes ranging from research, volunteering, skill development & advisory to educational institutes. It also marks our foray into EdTech and leverages the online medium to reach people in India, and worldwide. Our offerings seek to equip our students with practical knowledge and valuable skills to combat the challenges of the 21st century. Students have a chance to choose from internship opportunities and work with top industry professionals and fast-track their employability. Upskill with these internships! Put the skills learnt to the test. Podar Eduspace offers multiple competitions to challenge yourself and join a global community of like-minded youth and professionals. Check out our past and upcoming competitions. Podar Eduspace is now expanding its footprint to the skilling ecosystem of India. As part of the Podar legacy, we now join hands with the Government of India to conduct mass upskilling in remote, rural and urban regions across India. Learn more about our initiatives here . Our Vision Supercharge India’s employability by upskilling the unemployed Relevance We aspire to reduce unemployment by creating a knowledge ecosystem where students and young professionals can upskill themselves to stay relevant in this ever-changing job market. Gap Our education system is mainly based on theoretical knowledge rather than on-field experience. This has led to over 70% of graduates lacking employable skills. We believe this employability gap is caused by a lack of internship experience and job-specific training. Solution Our programmes fill this gap by providing students with opportunities to work at top-tier companies and combine this with courses following a theoretical yet relevant curriculum that supercharge our students’ employability.

Skill Development Initiatives to upskill, reskill and connect workforce to opportunities in solar and finance. New Programs Podar Eduspace launches the 6th cohort of the WorkEx Bootcamp Early Professionals Program 1st cohort successfully launches with a 30+ person batch Latest Developments Podar Eduspace launches flagship internship program First Podar Eduspace conversations talk given by Rajesh Wahi USIBC releases new report on studying professionals In collaboration with... Our Secret Sauce Business Learner Needs Input Output Business Learner Needs Awareness Experiences Sustainment Next Learning Cohort Social Connection Track Result/ROI Videos Alignment with Immediate Manager Social Connections Email Notifications 360 Feedback Self-Assessments Social Connections On-Demand Reinforcements Practical Assignments Cycle of Performance Improvement Unique Delivery Methodology Human Relations Principles Apps Videos Free Downloads Social Connections Individual Learning Maps 360 Follow-up Follow-up with Immediate Manager Carnegie Cloud Live Online WorkEx Bootcamp As your certified Self-Development Coach, I offer you unyielding support and perspective when you need to transcend your inner challenges and rise to your true potential. Take a look at my service and see how we can work together to achieve your health and wellness goals. Learn More Skill Development As your certified Self-Development Coach, I offer you unyielding support and perspective when you need to transcend your inner challenges and rise to your true potential. Take a look at my service and see how we can work together to achieve your health and wellness goals. Learn More Our Programs Nandini Bansal, WorkEx Bootcamp Cohort 2 Member Master's at XXX University Testimonials Anshika Mittal, WorkEx Bootcamp Cohort 2 Member Master's in Statistics at Delhi University Nandini Bansal, WorkEx Bootcamp Cohort 2 Member Master's at XXX University Abhishek Jan WorkEx Bootcamp Cohort 2 Member Master's at OP Jindal University

Apply for a research internship in the field of your choice – connect with industry professionals, write a report and be published. EduSpace Research Take the first step: Work with Indian industry partners and mentors to gain valuable work experience. Complete a one-on-one research paper tailored to your professional journey. APPLY NOW Enrollment Fee: Rs. 50,000 What is it? Eduspace Research is a flexible, internship-based opportunity for students to sharpen their research skills by undertaking a project guided by experienced mentors from both academia and industry across India. With the flexibility to explore a wide array of topics—from business and science to the humanities— students can select subjects that ignite their curiosity and collaborate with experts to transform their ideas into industry-level research papers. At the conclusion of the internship, the best reports stand a chance to be published on our platform, EduReports. Participants receive a personalized letter of recommendation that reflects their contributions, calibre, and achievements in the internship. Highlights of the Eduspace Internship Experience: Deep Dive into Your Interests: Tackle a curiosity-driven, knowledge-building project alongside an expert mentor. One-on-One Tailored Mentorship: Benefit from personalized guidance designed to enhance your learning and growth in the internship duration. Excellence in Academic Standards: Experience high-quality mentorship with our carefully curated faculty selected from fields across India working with the designed programme. Build Expertise: Deepen your understanding through rigorous research and mentor insights. Stand Out in Admissions: Showcase your achievements with a published research project and a customized recommendation letter. Cross Boundaries in Learning: Engage in research collaboration with mentors and peers across diverse locations and backgrounds, breaking down geographical and socioeconomic barriers. Embark on a self-driven journey of discovery, build expertise, and make an impact with Eduspace Internships. Industries to intern in. BUSINESS Marketing Branding Digital Marketing Finance Economics Artificial Intelligence Data Science Entrepreneurship Technology Education Tech FinTech Strategy Management Cultural Studies Media Studies Mass Communication Sales Industry deep-dives SCIENCE Biochemistry Pharmaceutical Healthcare Math Biology Nutrition Consumer Behaviour Psychology Scientific Method Physics Data Management Research methods Analytics Biological Studies Anthropology Human Studies Commericalisation ARTS Psychology Sociology Education History Politics Political Science Philosophy Environment Tourism English Literature English Language Sustainability Design Thinking Fashion Design Museum Studies Corporate Creativity Charity/NGOs Edu REPORTS Online research publication portal by Podar of the best student-led research papers in India. Role of Epigenetics in Aging and Longevity by Rishi Mehta How do the anchoring effect, emotional resonance and social identity influence the purchase of modern art by Antara Tibrewala Impact of Gut Enzymes on Human Health by Anay Suralkar Economics of Consumer Behavior by Maitri Varaiya View More In collaboration with: Where to publish? While not always required, publishing your research offers tremendous value in showcasing your work and advancing your academic journey. It allows you to contribute to knowledge, gain feedback through peer review, and enhance your skills as a researcher. Also – it can open doors, help with college applications, and just make you feel proud! When choosing a journal for your research, consider factors like the nature of your research (original research vs. review), and the publication timeline. 1.Journal of Investigators (JEI): The JEI is an open-access journal publishing original research conducted by middle and high school students, and is run by Harvard graduate students. The journal provides feedback on original research and publishes findings in a peer-reviewed scientific journal. They utilize expert scientists to review papers and provide feedback. JEI accepts STEM research, but non-STEM original research is also considered. - Cost: ₹3040 - Deadline: Rolling - Subject area: STEM mainly, but non-STEM original research accepted (focus on emerging investigators). - Type of research: Original research conducted by middle and high school students. Estimated acceptance rate: Difficult to determine, but likely moderately competitive given the peer-review process and focus on original research. 2.Journal of Student Research: The Journal of Student Research is a multidisciplinary, peer-reviewed online journal dedicated to publishing original research by students. - Cost: ₹6077 - Deadline: Fixed deadlines in February, May, August, and November. - Subject area: All areas. - Type of research: Original research. - Estimated acceptance rate: 30-40% 3.Journal of High School Research: This journal allows high school students to publish original research papers. - Cost: Free - Deadline: Rolling - Subject area: STEM only. - Type of research: Original research. - Estimated acceptance rate: Likely moderately competitive. 4.Stanford Intersect: Stanford Intersect publishes interdisciplinary research and writing, with opportunities for student contributions, especially in science and society. - Cost: Free - Deadline: Rolling - Subject area: Science and Society research. - Type of research: Research, articles, and writing. - Estimated acceptance rate: Highly selective. 5.Young Scientist Journal: The Young Scientist Journal publishes original scientific research by young people. - Cost: Free - Deadline: December - Subject area: STEM only. - Type of research: Original research. - Estimated acceptance rate: Likely moderately competitive. 6.Concord Review: The Concord Review is specifically for high school history research papers. - Cost: ₹6077 - Deadline: Fixed deadlines in February, May, August, and November. - Subject area: Social Science (History). - Type of research: Historical research papers. - Estimated acceptance rate: Highly selective (similar to Pioneer Academics or top-tier journals). 7.South Asian Journal of Management: Publishes management research related to the South Asian region. - Cost: ₹5000 - Deadline: Papers can be submitted at any time. - Subject area: Strategic management, Organizational behaviour, Human resource management, Marketing, Finance, Operations management, Entrepreneurship, Information technology management. - Type of research: Research papers. - Estimated acceptance rate: Likely moderately competitive. 8.Academy of Management: Publishes management research. Mostly for professionals and academics. - Cost: Free (major) - Deadline: Varies greatly. - Subject area: Business and management. - Type of research: Research papers. - Estimated acceptance rate: Competitive, as it's geared towards academics and professionals. 9.The International Journal of Science and Research (IJSR): Publishes original research in science, engineering, and technology. - Cost: ₹1500 for Indian authors - Deadline: Rolling - Subject area: Science, engineering, and technology. - Type of research: Original research. - Estimated acceptance rate: 30-40% 10.Indian Journal of Finance and Banking: Publishes research in finance and banking, with a focus on the Indian context - Cost: Approximately ₹8,500 - ₹8,600 INR (100 USD). - Deadline: Rolling submissions. Subject area: Finance, banking, economics, and related areas. - Type of research: Research papers, empirical studies, theoretical analyses. - Estimated acceptance rate: Varies. It is a peer reviewed journal. Benefits. Connect with Experts Work with our panel of industry professionals and academic professors One-on-one mentorship Personalised guidance and direct mentorship from the industry mentor. Flexible Scheduling Schedule internship in line with your academic calendar, offering flexibility. Get featured in EduREPORTS The best reports are featured in our online publication platfrom: EduREPORTS. Economical offerings The best of India at the best rates and service with industry-linked training. Individual exploration Curated research topics customised to each students' interests and passion. #ViksitBharat Indian mentors selected from all fields, who are leaders in their industry. Gain work experience Enhance your résumé and boost your skillset with this profile builder. Take the best first step Explore your dream role by working on industry-relevant topics. "The important thing is not to stop questioning. Curiosity has its own reason for existence.” – Albert Einstein Steps to Success. APPLY NOW 01 Apply for an EduSpace Research Internship. Add your existing work experience, academic interests and achievements. Share why you would like to intern with us. 02 Successful applicants will receive a confirmation email and work with our management to coordinate the research. 03 A mentor will be assigned and you are to work with them to curate the internship structure, duration and schedule. 04 The research internship is started. Each student would produce a research paper at the end. 05 During this time, the student would schedule one-on-one guidance sessions with the mentor and work with them to gain insights and delve deeper into the chosen industry and research the topic. 06 Students who successfully complete the research receive a letter of recommendation, and their report can possibly be published on EduREPORTS and added to their résumé. Our Mentors. Welcome to our Mentor Section! Explore our experienced professionals ready to guide students in our internship program. Each mentor offers unique insights to help you navigate your career journey. Scroll through to find the perfect match for your aspirations! Meet the Alumni. Our interns share their experiences with EduSpace Research Paper Internships. Tap ahead to read their EduREPORTs customised to their area of interest. Asiya wrote her EduREPORT on the Consumer Behaviour in India, specifically the Indian Retail Sector. Read EduREPORT Asiya Agarwal University of Bath (Cathedral and John Connon School, Mumbai) Apply Now. APPLICATION PROCESS Apply Share your existing academic and professional experience, your area of interest and why you want to join us. Intake Meeting Successful Applicants would be required to clear an intake meeting round where the candidate would be assessed on a call. Mentor Matching Be matched with their mentor who would guide them throughout the internship and devise topics for research and study. Internship The intern is expected to display professional excellence. The mentor would then assess their performance for a recommendation. Anchor 1 Application Form Apply for an EduSpace Research Internship through this form. Each candidate will be assessed by the quality of their answers, interest and qualifications for the desired industry. By submitting the form you agree to the Terms & Conditions and all rights are reserved with Podar Eduspace. First Name Last Name Email Phone School/University Upload résumé Upload here Maximum File size (15MB) Upload standardised testing scores (if any) Upload SAT/ACT/IELTS/TOEFL/GMAT/GRE score Maximum File size (15MB) Which industry would you like to work on and why? Why do you want to intern with us? Submit Application has been successfully submitted. Contact us Write to us with your queries, curiosities and ideas at contact@podareduspace.org or simply call us at +91 98202 27795.

< Back Middle Childhood and Adolescence by Tanvi Mehta Changes occur biologically, cognitively and in sociocultural contexts during middle childhood, adolescence and the transformative phase between the two development periods. These changes not only impact the individual themselves, but the family and peers around them. Conversely, the family and peer relationships influence how the child or adolescent behaves, the activities they engage in and how they view themselves. Tanvi Mehta University of Phoenix Human Growth & Development PSY/280 April 11th 2022 Functional and Dysfunctional Family Dynamics Family structure is the genetic and legal connections with individuals in a family. Family function is how the family members interact with one another. Some families function in a healthy manner and some do not: a dysfunctional family. Family function is more significant than family structure; the structure can influence function but not determine it. A supportive family fulfils their child’s physical needs, creates opportunities for learning, encourages healthy relationships, provides stability and a safe peaceful home. The effects of a family function can reflect in one’s adulthood, both psychologically and financially. Each type of family structure has its benefits and flaws. With extended families, one advantage is that whilst the single parent is working the grandparent can care for the children. On the other hand, that grandparent can also provide criticism and create conflicts such as, teaching the parent how to parent their child. With single-parents the financial burden and responsibilities are all on one person, causing stress in the environment. There are also higher rates of change and instability with single-parent families (Berger, 2019, p. 546). Shared environment is defined as being in the same environment and nonshared environment consists of the differing experiences for an individual. Siblings growing up together do not share the same home environment. This can be explained by considering the different events that take place growing up, as each sibling although may be in the same house, but the difference in age and development periods make them experience events very differently. Shared and nonshared environments are crucial to understand what contributes to one’s happiness, psychopathology and overall development. In every culture, ethnicity and structure, low income and high conflict are two key factors that affect family function. These factors negatively impact a family as they add stress to the parents who then become less patient and may remove their frustration out on their children, according to the family-stress model (Masarik & Conger, 2017). Family conflicts, fights amongst adults and witnessing abuse can all be harmful to children. However, some children can develop resilience. Resilience is a dynamic process encompassing positive adaptation within the context of significant adversity (Luthar et al., 2000). Impact of Peers in Middle Childhood and Adolescence As one develops in the middle childhood, their perception about themselves evolves: their identity, personality, background and intelligence. Social comparison especially with their peers also influences this idea of self-concept . Social skills and academics both can be learnt from peers (Bagwell and Schmidt, 2011). Friendships become an integral part of the middle childhood years. As children want to be liked, they make friends with anyone their age who would play with them. This way they learn faster and feel more content. These friends and their personalities also influence how the child’s adult personality will develop. (Wrzus et al., 2016). Bullying is common among school children and is usually done by popular children which makes the bullying difficult to be stopped. The bully and the bullied face issues with social cognition, relationships and school achievements. There is a positive correlation between popularity and bullying, in middle childhood and early adolescence (Pouwels et al., 2016). The probability of a child developing a serious psychological disorder by age 18, is four times more if they were bullied both by school peers and siblings at home (Dantchev et al., 2018). During adolescence, parental control decreases, and adolescents start to become more independent, more self-conscious and more self-critical. Peers and the media have strong influence on adolescents with regards to behavior, sexual needs and interactions, drug use and eating disorders. The increase in hormone levels causes sexual maturation. To explore sexual needs, adolescents get involved in romantic engagements whose nature is affected by their peer group. Peer approval is of great importance, even more than in middle childhood. Peer pressure can lead to addictive and damaging habits such as experimenting with drugs, alcohol and the use cigarettes or e-cigarettes. Sometimes, smoking and consuming alcohol can start as early as before age 15, thereby increasing the chances of depression, sexual abuse, later addiction and bullying (Merikangas & McClair, 2012; Mennis & Mason, 2012). During adolescence, the developing brain is particularly affected and harmed by all psychoactive drugs as it also has a negative impact on impulse control. Moral Values According to Piaget and Kohlberg, cognitive development during middle childhood may affect moral development and moral reasoning. During middle childhood, moral values can be introduced and taught by mentors using moral dilemmas to expand on moral understanding whilst developing the underlying moral skills of emotional regulation and empathy (Hinnant et al., 2013). Peers can also teach bullies that their actions are not applauded as bullies are usually low on empathy. Parents and teachers can engage children in discussions that raises moral issues as to advance their understanding on morality. Children are loyal to their peers and choose their peers over adult standards of moral values and behavior. Adolescents’ brains and hormones are more attuned to value friendships and social amiability over long term consequences (Crone & Dahl, 2012) and adult approval. For example, a 14-year-old may choose to smoke a cigarette under peer pressure and the need of peer approval, ignoring the risks of cancer along with the fact that it is an illegal activity to engage in at that age. During this developmental period, rejection from classmates and friends is especially painful, and can be equivalent to the hurting when adults break up in romantic relationships. Thus, peer approval is more important to them, and so they tend to overlook any moral guidelines. Conclusion Human development is complex and multifaceted. Factors such as genes, physical environment, socioeconomic status, family, peers and the kind of relationships they share with them, all influence an individual’s growth mentally, physically and emotionally. A child’s interpretation of their family situation or how they feel at school determines how it would affect them. Human beings are social animals, and therefore peers during middle childhood and adolescence play an integral role in the future development. References Bagwell, Catherine L. & Schmidt, Michelle E. (2011). Friendships in childhood & adolescence. New York, NY: Guilford Press. Berger, K. S. (2019). Invitation to the Life Span. Crone, Eveline A. & Dahl, Ronald E. (2012). Understanding adolescence as a period of social–affective engagement and goal flexibility. Nature Reviews Neuroscience, 13(9), 636–650. Dantchev, Slava; Zammit, Stanley & Wolke, Dieter. (2018). Sibling bullying in middle childhood and psychotic disorder at 18 years: a prospective cohort study. 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< Back How do the anchoring effect, emotional resonance and social identity influence the purchase of modern art by Antara Tibrewala What exactly leads people to purchase art? In today’s modern landscape, the interactions between a consumer and an artwork are not elementary – collectors make careful and precise decisions driven by various motivations and assessments. It is said that decision-making processes in art consumption can be influenced by the psychology of how consumers think, feel, argue, and select among existing alternatives, as well as how their environment (e.g., culture, family, media) affects them (Stankevich). How do the anchoring effect, emotional resonance and social identity influence the purchase of modern art? Introduction What exactly leads people to purchase art? In today’s modern landscape, the interactions between a consumer and an artwork are not elementary – collectors make careful and precise decisions driven by various motivations and assessments. It is said that decision-making processes in art consumption can be influenced by the psychology of how consumers think, feel, argue, and select among existing alternatives, as well as how their environment (e.g., culture, family, media) affects them (Stankevich). These factors can be studied in the domain of consumer behaviour, which is described as the study of the processes involved when individuals or groups select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy their needs and desires (Solomon). Rightly so, it is crucial to evaluate this in the diverse 21st-century market, as it could potentially enhance the financial stability of emerging artists seeking success in today’s art world. What I find most interesting about this field of study is its interplay with the modern art movement, characterised by a shift away from traditional styles to a more abstract, experimental approach to creating works of art (Deguzman). Since the nature of this movement is unconventional, it would be intriguing to truly understand why people purchase modern art and what techniques or methods an artist can implement to guarantee financial success. Research Methodology For this research paper, I will employ a combination of a literature review and a quantitative data assessment using a questionnaire. The benefit of this method is that it provides both a qualitative and a quantitative perspective, answering this research question holistically while providing measurable data to inform objective conclusions. Since the domain of art is largely subjective and based on individual interpretation, some objectivity and statistics are required to reach a consensus, as this data can be helpful for the decision-making of artists and collectors alike. Research Paper .pdf Download PDF • 1.61MB Click on the Above File to Download the Report Previous Next