Preview

Analysis of the Work Environment of Women in Financial Sector

Powerful Essays
Open Document
Open Document
3900 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Analysis of the Work Environment of Women in Financial Sector
CHAPTER 1
INTRODUCTION

India being a developing global economy, financial sector plays a vital role in the development of the country. By empowering women in the financial sector we empower the community and the economy as a whole. Women in emerging markets are extremely important as companies need gender balanced senior management teams to participate in the global market strategically and wisely. There are significant development gains to be made in ensuring women’s equitable access to and control over economic and financial resources, including in relation to economic growth, the well-being of families and communities. If women are held back and not given the due position and importance in financial sector leading to inequality in access to resources it will represent a global challenge with implications at individual, family, community and national level. Women’s equal access to and control over economic and financial resources is critical for the achievement of gender equality and empowerment of women and for equitable and sustainable economic growth and development.
Be it in any field women are making their mark equally. Even though the status of women in Indian society has a newer dimension, there are certain disparities that still prevail in the Indian economy and in particular the financial sector. This research provides a glimpse into the status of women in financial work sector in India based on interviews with Indian professional women and findings from Indian research studies.
OBJECTIVES
* To study the work environment and problems faced by women in the Indian financial sector * To study the factors affecting the hindrance of gender equality and balanced approach in the Indian financial sector
LIMITATIONS/ SCOPE * The respondents of the study were limited to women working in the financial sector * The respondents were restricted to Pune city

CHAPTER 2
REVIEW OF LITERATURE

Study 1:
“Harvard and Beyond Project” by


Bibliography: 1. Baden, Sally. 1996. “Gender Issues in the Financial Sector”. Gender Issues in Financial Liberalisation and Financial Sector, Page no.14-20 2 3. Ganguly, Ms.Sraboni. 2008. “21 Century Women in Corporate World”. Retrieved on August 1, 2012 from www.indianmba.com 4 5. Gudrais, Elizabeth.2010. “Family or Fortune”. Retrieved on August 1, 2012 from www.harvardmagazine.com 6
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Women In Barbara Kingsolver's The Bean Trees
    • 549 Words
    • 3 Pages

    Women In Barbara Kingsolver's The Bean Trees

    Women in India have suffered greatly for the past centuries, as they face significant contravention of human rights. The struggle for rights is disconcerting for Indian women. Although despite all the struggle, women in India are starting to take steps to become valued members of society. The state government has been encouraging women to start their own corporations and businesses. Men have accepted women working, but most are still holding on to the stereotypical jobs that women should…

    • 549 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Taboo: Management Consulting and Policy Prohibiting Women
    • 455 Words
    • 2 Pages

    Taboo: Management Consulting and Policy Prohibiting Women

    However, B&M recently has been the subject of a series of reports by both the Los Angeles Times and the New York Times that scrutinise its policy on female executives in certain nations. B&M has learned, through its years of consulting, that certain countries in which it negotiates for contracts prohibit the use of women in the negotiation process. The cultures of many of these countries do not permit women to speak in a meeting that includes men. Consequently, B&M has implemented a policy prohibiting women partners from being assigned these potential account negotiations and later the accounts themselves. Clerical help in the offices can be female, but any contact with client must be through a male partner or account executive.…

    • 455 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Susan Faker Why Women Are Not Getting To The Top Summary
    • 755 Words
    • 4 Pages

    Susan Faker Why Women Are Not Getting To The Top Summary

    The author tells that women cannot be chief executives, have professional growing and get equal salary as men. However, she gives few examples of women’s success. In my point of view, nowadays discrimination is diminishing from our society. All countries have laws which guarantee equal rights to both genders.…

    • 755 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Human Resource Management
    • 594 Words
    • 2 Pages

    Human Resource Management

    Evaluation of whether a company is fair to women in terms of pay structure could be done from two perspectives. The first would include a comparison of remuneration of women with regard to that of men. In this regard, the determination of whether the company is fair or discriminative to women when it comes to pay structure would be based on whether there exist great disparities or differences between pay for men and that for women serving in the same job group. On the other hand, this could be determined through recruitment and employment policy of the company. Whereas the company may not directly pay women less amounts of pay as compared to men, it may do so through developing policies that inhibit professional growth and advancement of women employs and indirectly keeps their pay at the lowest rates (Weiss, 2004).…

    • 594 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Discrimination Regarding Fair Wages
    • 452 Words
    • 2 Pages

    Discrimination Regarding Fair Wages

    In today’s fast paced world of business, women have become an unquestionable influence within the workplace. Back in the 1960 's the idea workforce was made up of white males in their mid 40 's in either being a blue collar or a professional employee. In 2006, “it was stated that eleven Fortune 500 companies were being run by women, including companies such as the New York Times, Sara Lee, and Avon Products” (Women CEOs, 2007).…

    • 452 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Controversy: The Issue Of Equality Between Men And Women
    • 195 Words
    • 1 Page

    Controversy: The Issue Of Equality Between Men And Women

    Firstly, in the recent decades, the society has changed dramatically and a significant proportion of females are achieving outstanding results in career and profession. Furthermore, even in the third world countries like Asia, Africa and Latin America, the presence of working ladies is everywhere, competing with the gentlemen counterparts and even surpassing them in different occupations. However, imposing legislations to restrict certain job positions for one…

    • 195 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Better Essays

    Women in Accounting
    • 1776 Words
    • 8 Pages

    Women in Accounting

    This chapter critically reviews literature on what scholars deem to be the factors that contribute to female scarcity in senior positions as far as the accountancy profession is concerned. It will also document the history of women in the accountancy profession. The review of literature takes into account the international, regional and local contexts.…

    • 1776 Words
    • 8 Pages
    Better Essays
    Read More
  • Powerful Essays

    Wall Street Women
    • 2526 Words
    • 11 Pages

    Wall Street Women

    Fisher saw an opportunity to carve out a niche within the academic literature to examine career movements and the underlying motivation for women in Wall Street. She began by interviewing a group of 20 women who were in senior level management in 1993. She went on to keep in touch with them to throughout the financial crisis and kept track of their careers…

    • 2526 Words
    • 11 Pages
    Powerful Essays
    Read More
  • Better Essays

    Women in the Workforce
    • 1187 Words
    • 5 Pages

    Women in the Workforce

    Nichols, Nancy A. Women and the Changing Facts of Work Life. Boston, Mass.: Harvard Business School Press, 1996…

    • 1187 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    Women in Management
    • 1609 Words
    • 7 Pages

    Women in Management

    Since the rise of capitalism and large corporations, traditionally, the vast majority of top positions throughout the world have been held by males rather than females. Yet, since the 1970s, women have made a substantial stride in becoming part of the labour force. There are an increasing number of women who enter the workforce and an increasing number of managerial positions filled by women. Furthermore, companies have been taking huge strides in promoting and recruiting women in all levels of management and have introduced benefits such as parental leaves, part-time policies, and travel-reducing technologies to help them stay in the company (Barsh and Yee 2011). As well, corporations realize there benefits of working women within their company. For instance, in the United States of America, women have been a growing factor in the success of the country’s economy. Without women, the economy would be 25% smaller (Barsh and Yee 2011). Although there has been promising news in women’s advancement, the fact remains is women’s access to senior management positions remains limited. Since the three decades has passed of women entering male professional and managerial occupations, women’s persistent underrepresentation in senior managerial positions remains a puzzle. The proportion of women in middle and senior management positions had stagnated over the last 20 years. The gap between men’s and women’s representation in the senior management ranks narrowed very little during that 22-year span, and the proportion of women senior managers overall as a share of the female labour force was virtually unchanged during that period (The Conference Board of Canada 2013:3). The reason why women have yet made it through to higher organizational levels is related to the concept of the glass ceiling. The glass ceiling constitutes an invisible barrier for women and minority groups, preventing them from moving up the corporate ladder (Weyer 2007:483). One aspect of the glass ceiling…

    • 1609 Words
    • 7 Pages
    Good Essays
    Read More
  • Good Essays

    Problems of Professional Workin Women in Pakistan
    • 7863 Words
    • 32 Pages

    Problems of Professional Workin Women in Pakistan

    We take pleasure in submitting for your consideration a report on ‘The problems faced by professional working ladies in Pakistan'. This report is divided into four parts: Introduction, Literature Review, Methodology and Conclusions and Results. The report aims to determine the general opinion of the professional working women about the problems they face at work. The report was authorized by you in August 2011. We have completed the report on schedule and met all our proposed objectives.…

    • 7863 Words
    • 32 Pages
    Good Essays
    Read More
  • Good Essays

    Why Asian Has More Women Private Bankers
    • 461 Words
    • 2 Pages

    Why Asian Has More Women Private Bankers

    According to the article, Ms Tan Su Shan, 45, is the head private and consumer banking of DBS Group Holdings. She mentioned that when she still working for Morgan Stanley, she has to work on her laptop and mobile phone while she giving birth. Doctor applied nitrous oxide to relief the pain of giving bith when Ms Tan was on the phone with her client. It showed that women are hardworking and put a lot of effort and care on their work when she’s still suffering from pains. This is one of the reason why female private bankers outnumber men when it comes to wealth management. Given that Ms Shalini Malkni, more women had taken up profession and excelling. Men would rather choose women and talk about personal wealth issue because women often are more sensitive and empathetic. Ms Lim Li Li, a managing director, recalled that she got an urgent call from a wealthy Thai client while she was vacationing in Japan. She flew immediately to Bangkok and had a meeting with client family members in a midnight. This gained trust and get the contact of relationship closer between client and banker. She also felt privileged where she’s the only banker for solving an important crisis instead of any bankers. Ms Lim mentioned that some first or second generation Asian entrepreneurs may prefer female bankers, because it usually friendly and it can communicate well by using gentle or soft tone. Therefore, it is much easier to get along as a friend or close members. In Asia, people usually think that working as a private banker, females fits the requirements of being patience, clean, neat and a listening ear compared to males. It feels warmly or even gains trust when clients receive present from female bankers such as flowers or chocolate. However, clients may get a wrong message if male bankers do the same, and that may lead both relationship of client and banker even further. Thus, men are suitable to work as investment banking…

    • 461 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    harassment
    • 304 Words
    • 2 Pages

    harassment

    Women have been treated with utmost respect in various Indian epics and mythologies. Women are regarded as symbol of love, even worshiped as goddess in India. But on the other hand. they are victim of torture and harassment. Though women participation in economic development of our country is much more than what the stat may reveal, their journey into the business world was not that easy. In India, typically, women have been portrayed as those undertaking business on predictable lines- papad, pickle manufacturing, women have made great progress by breaking the cultural barriers and taking up wide range of jobs, which were earlier restricted only for men. Though now they are on an equal footing with men at workplaces, sexual harassment at work places has been a major challenge which needs to be combated. Traditionally geared for the men the "workplace" is yet to adapt to the needs of women.…

    • 304 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    women empowement in microfinance in surt city
    • 1004 Words
    • 9 Pages

    women empowement in microfinance in surt city

    Certified that this Summer Internship Project Report Titled “Women Empowerment in Micro Finance in Surat City” is the bonafide work of Mr. Hitesh A. Jariwala (Enrollment No. 138050592025), who has carried out the research under my supervision. I also certify further, that to the best of my knowledge the work reported herein does not form part of any other project report or dissertation on the basis of which a degree or award was conferred on an earlier occasion on this or any other candidate.…

    • 1004 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Impact of Globalisation on Women
    • 3336 Words
    • 14 Pages

    Impact of Globalisation on Women

    The roles of women in India have been changing and they are now emerging from the past traditions into a new era of freedom and rights. The basic objective of this paper is to examine the changing role of women due to globalization in Indian society. This concern is not merely academic but is central to the process of emerging development in India. There is a need to critically evaluate the impact of globalization on women in India and also to know the positive & negative impacts of it on the position of women in India at present.…

    • 3336 Words
    • 14 Pages
    Powerful Essays
    Read More

Related Topics