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ASSIGNMENT 1 Project Proposal

The document outlines a project proposal for a group focused on developing AI-powered applications aimed at assisting users in business and personal finance management. Proposal #1 suggests a web application for small business owners that offers AI-driven business guidance, while Proposal #2 presents an automated financial advisor that personalizes budgeting and investment strategies. Each proposal includes references to relevant literature supporting the potential of AI in these areas.

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0% found this document useful (0 votes)
27 views3 pages

ASSIGNMENT 1 Project Proposal

The document outlines a project proposal for a group focused on developing AI-powered applications aimed at assisting users in business and personal finance management. Proposal #1 suggests a web application for small business owners that offers AI-driven business guidance, while Proposal #2 presents an automated financial advisor that personalizes budgeting and investment strategies. Each proposal includes references to relevant literature supporting the potential of AI in these areas.

Uploaded by

jomarroxas10
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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ASSIGNMENT 1: PROJECT PROPOSAL

Provide the following information for your Final Project Proposal. Use the following formatting:
Font Size: 12, Font Style: Times New Roman, Line Spacing: 1.

GROUP #: 6
Members:
Jomar Soliman
Anthony Parjes
Anmark Benasalbas
Kurt Brent Lee
Reymart Landero
____________________________________________________________________________
PROPOSAL LIST

Proposal #1: AI-Powered Business Guidance Web Application


Brief Description: (150 to 300 words.)

Launching a business can be challenging, especially for new entrepreneurs. In this case, for
instance, a web application is proposed to assist users, particularly the small business owners, in
the processes of setting up and running a business efficiently and make the business more
successful for user.
It will feature AI assistance that supports users in writing business plans by integrating user input
and industry research. The AI will provide business recommendations on investments, finance,
and marketing in response to user inputs. In addition, charts and other visual means will be
provided to enable business owners to monitor growth, evaluate financial performance, and gain
insights to improve their overall business health. It will also track your monthly income and give
it a proper way of investment it depends on what kind of business the user will input. It will
make an improvement for the business of the user.

References (3 or more)

Robert Jeyakumar Nathan, Soekmawati, Usama AI-mulai, Mohammed Enshashsi, Hishamuddin


Ismail (2024) Potentials of artificial intelligence in digital marketing and financial technology for
small and medium enterprises.
https://www.researchgate.net/publication/378640432_Potentials_of_artificial_intelligence_in_di
gital_marketing_and_financial_technology_for_small_and_medium_enterprises

Nick Drydakis (2020) Artificial Intelligence and Reduced SMEs' Business Risks: A
Retrospective Case Study
https://link.springer.com/article/10.1007/s10796-022-10249-6

Mohammed Enshassi, Robert Jeyakumar Nathan, Soekmawati Soekmawati, Usama Al-Mulali,


Hishamuddin Ismail (2024) Potentials of artificial intelligence in digital marketing and financial
technology for small and medium enterprises
https://www.researchgate.net/publication/378640432_Potentials_of_artificial_intelligence_in_di
gital_marketing_and_financial_technology_for_small_and_medium_enterprises
Proposal #2: Automated Financial Advisor for Personal Finance
Brief Description: (150 to 300 words.)

Managing personal finances can be overwhelming, especially when it comes to budgeting,


saving, and investing. Our AI-powered financial advisor simplifies this process by analyzing
your income, expenses, and spending patterns. Using smart algorithms, it provides personalized
budgeting strategies, automated savings plans, and customized investment recommendations
based on your financial goals.
Whether you’re looking to reduce debt, build wealth, the system continuously adapts to your
lifestyle and financial situation. It also offers real-time spending alerts, smart savings
suggestions, and risk assessments for investments, ensuring you make informed decisions.
With an easy-to-use interface and AI-driven insights, this automated financial advisor empowers
users to achieve financial stability and growth effortlessly. Ideal for young professionals,
entrepreneurs, and anyone seeking a smarter way to manage their money, this system transforms
financial planning into a seamless and stress-free experience.

References (3 or more)

Upadhyay, D., Jaiswal, V., Ghosal, I., & Shah, S. M. a. R. (2024). Robo-Revolution. In
Advances in finance, accounting, and economics book series (pp. 165–184).
https://doi.org/10.4018/979-8-3693-6321-8.ch007

Robo-Advisors and Investment Management: Analyzing the role of AI in Personal finance.


(2024, April 18). IEEE Conference Publication | IEEE Xplore.
https://ieeexplore.ieee.org/abstract/document/10617229/

Rossi, A. G., & Utkus, S. P. (2020). The Needs and Wants in Financial Advice: Human versus
Robo-advising. SSRN Electronic Journal.
https://doi.org/10.2139/ssrn.3759041

Proposal #3:
Brief Description: (150 to 300 words.)

References (3 or more)

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