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Mays Business School defines MIS (Management Information Systems), as the relationship between technology, individuals and the organizations they work for (Mays, n.d.). This definition refers to MIS as a field of study. A more practical definition of MIS is given by the University of Mumbai is as follows: “The concept of MIS in today’s world is a system which handles the databases, databases, provides com-putting facilities to the end user and gives a variety of decision making tools to the user of the system” (MU, n.d.). MIS can be truly understood by understanding its evolution. We propose a Continue reading...

The financial crisis of 2008-09 may have started due to liquidity problems and bad decision making by banks, but was greatly exacerbated by loss of investor confidence in such institutions and banking system as a whole. And since the banking system plays a major role in financial markets, the markets tumbled, which ultimately affected even the real economy and other sectors. Investor confidence was eroded during the early phase of the crisis, when it became clear that the banks, and investment banks in particular, had become too unstable to manage their liquidity position. This sentiment spread like a wild Continue reading...