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Management Essay

1183 words - 5 pages

Introduction:
This internship is a part of Bachelor of Business Administration (BBA) program that provides an on the job experience to students. I was placed at NCC Bank Limited, Malibagh Branch as an internee student for three months. This internship program was my very first on the job exposure and provided me with learning experience and knowledge in several areas. During the first few weeks of my internship period, I was able to get accustomed to the working environment of NCC Bank Limited. As the internship continued, I not only learn about the activities and operation of correspondent Bank, but I also gathered some knowledge about the basic business acclivities of banking in first one ...view middle of the document...

NCC Bank Limited pursues decentralized management policies and gives adequate work freedom to employees. This results in less pressure for the workers and acts as a motivational tool for them, which gives them, increased encouragement and inspiration to move up the ladder of success. Overall, I have experienced a friendly and supporting environment at NCC Bank Limited, which gave me the pleasure and satisfaction to be a part of them for a while. While working in different departments of this branch I have found each and every employee too friendly to us to cooperate. They have discussed in details about their respective task. I have also participated with their works.

Origin of the Report:
Education system will be more rich and helpful where there is a combination of theoretical and practical relationship with a student. From education theoretical knowledge is obtained from courses of study, which is only the half way of the subject matter. Practical knowledge has no alternative. The perfect co ordination between theory and practice is of paramount importance in the context of modern business world in order to resolve the dichotomy between these two areas. Therefore an opportunity offered by Daffodil International University, for its potential business graduates to get three months practical experience, which is known as “Internship Program”. To complete of the internship program, I was placed in a bank namely, “NCC Bank Limited”, Malibagh branch for the period of three months starting from October 15, 2012 to January 15, 2013. Internship program brings a student closer to the real life situation and thereby helps to launch a career with some prior experience.

Background of the study:
NCC Bank Limited is one of the leading private commercial bank having a spread network of 91 Branches across Bangladesh and plans to open few more branches to cover the important commercial areas in Dhaka, Chittagong, Rajshahi, Shyllet, Khulna and other areas in 2012. It performs all modern banking activities to satisfy its clients. This study attempts to analyze the performance evaluation in General Banking, Credit Management, and Foreign Exchange activity of NCCBL. Through the internship program, close observation was made on different banking activities of NCCBL. Its performance was reviewed analyzed through the annual report, external and internal record of the bank.
Significance of the report:
The main reason of this study is to become familiar with the realistic business world to attain practical knowledge about the banking and corporate world. We all know that there is no alternative of practical knowledge which is more beneficial than theoretical aspects.
Objective of the study:

Main Objectives:
* The main objective of this report is describe the “Banking System in Practice of NCC Bank Limited”.

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