I'm one of those souls headhunted by Bank of Baroda through campus rec.my project title is as follows
'International operations : product and process innovations to meet customer needs in global scenario' (I've been placed in the forex vertical)
my project involves analysing the various products/services introduced by peer banks and whether/how the same could be integrated into BOB's working structure. The above also include bringing about any changes to their existing schemes, mooting new product proposals etc (for ex - gift schemes by amex, bank conditionalities etc etc)
I'm 10 days into my internship and the experience has been pretty so-so. as a fresher, there were a lot of apprehensions/questions/curiosity going into my internship.
First day started off with me 'self-introducing' myself to the AGM. Then I was introduced to the forex dept head.I was given some documents to study .This pertained to the various transactions that had taken place in the last some days. The above included going through LC's, BOE, commercial Invoices, understanding the documentation process, trade procedures so on and so forth.
Then I was introduced to (and briefed about) the various financial products and services pertaining to the forex vertical and other products in general.
I share my cabin with the seond in line of forex dept (rather, he shares it with me) and there are a lot of transactions that take place between him and customers/company representatives on an hour to hour basis.
I learned about how the spot and forward transactions are done and how the same is processed through computers. people have been very friendly and co-operative (probably cos i'm the only intern in the branch) ; and the workplace ambience has been praiseworthy
Its been a good 10 days, and i'm enjoying working on the project. here's believing that i'l be able to do justice to the same (and to the teas & coffees that happens to be served on an intermittant basis )
ps -.....and contrary to popular beliefs, people in sarkari offices do work hard ;)
Saturday, 16 May 2009
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