Online businesses are undoubtedly a major driving force in our economy. According to the U.S. Census Bureau, retail e-commerce sales in 2009 alone reached $145 billion. Students should start their own e-commerce businesses as case studies for their research. The thesis could analyze the unique components of online business and how they drive sales results. Online businesses are increasingly reliant on viral marketing, social networking, interactive web design and other innovative techniques that mix traditional and new business models with the latest technology platforms. A thesis project could explore one or more of these features.
Nations across the world use technology for social communication, business and governance. However, a number of factors can affect how these innovations are used in a culture. The Internet has been blocked and scrutinized by governments in China and Iran, for example, because of online information considered "subversive." Thesis projects could compare different cultures and societies with respect to how they view the Internet and its applications. Students could create a social networking site that allows for communication with people from different cultures. A web magazine that documents Internet use across the globe is another relevant project idea.
Major companies, especially financial institutions, are increasingly in need of policies safeguarding their credit assets. The financial downturn of the late 2000s made it essential for these companies to adopt strategies reducing credit loss while maximizing profit. Thesis projects on this topic could include the creation of efficient and effective online networks allowing strategists to better organize, analyze and share financial and consumer information. Students should research and devise applications sharply projecting financial gains, losses and risks -- useful tools for an industry requiring stronger risk protection.
Data theft is an increasingly common occurrence that endangers the privacy and safety of individuals, corporations and government bodies. The need for better security systems to combat theft and protect sensitive data has never been more essential. A good thesis project on this topic should tackle the rapidly evolving nature of these security threats and should seek to forecast future risks. These forecasts could include advanced technical solutions such as improved software and online applications. Policies that better manage and prevent information theft are also needed.