Background of the study:
In today’s world, education is the imperative tool to understand the real world and apply knowledge for betterment of the society as well as in business sector. From the education session the theoretical knowledge is obtained from various courses throughout the programs, which is only the half way of the subject matter. As practical orientation is an integral part of the MBA program , every student is sent by the department to different organization to take real life exposure from the activities of the organization, which is known as “Internship Program”. Internship program brings student closer to the real life situation and thereby helps to launch a career graduates within the local environment with knowledge and skill to provide leadership in enterprise, public service and welfare of our society. Internship placement of this department is a step towards fulfilling this commitment by giving students an opportunity to get ready for the real world before they enter their practical life. Involvement of the banking sector in different financial events is increasing day by day. At the same time the financial arena is becoming faster, customer focused and its involvement got unavoidable in our everyday life. Now a day, it has become essential for every person to have some ideas on the economics and mostly on banking procedure.
In the internship program, each student is attached with an organization .Under this program students of MBA faculty must go through an internship program of 2 months duration . After completion of several credit hours from the department of the Business Studies faculty, students are sent to different organizations to expose them real life scenario .The theoretical knowledge that students acquire from class lecture, books, journals, case studies, seminars etc is replenished in the practical settings. My internship placement was at Bank Asia Limited , Bahadderhat Branch. I was asked to prepare internship paper on the assigned topic of “Human Resource Management Practice in Banking Sector ( A Study On Bank Asia Limited)
1.2 Objective of the study:
The general objective of this study is to know about HRM system in Bank Asia Ltd performed by Human Resources Department ( HRD).
✓ To gather practical knowledge on human resources management in banking sector.
✓ To know about the selection & recruitment process in Bank Asia.
✓ To know about the Human Resource practice in Bank Asia Ltd & in banking sector.
✓ To gather knowledge about compensation & benefits provided by the Bank Asia to its employees .
✓ To know about Human Resource planning in Bank Asia Ltd.
✓ To gather the actual knowledge about the Human Resource operations in the organizations.
✓ To get idea about the training & development methods.
✓ To know performance appraisal system.
✓ To identify the problems related to Human Resources Management practice & provide suggestions if necessary.
1.3 Methodology of the Study:
In order to complete this report I proceeded through a work plan. I physically visited and discussed with executives and top level management of BANK ASIA become conversant with the banks philosophy, working procedures, management system and decision making process of the banks.
The details of the work plan are furnished below:
1.4 Data collection method:
➢ Relevant data for this report has been collected primarily by direct investigations of different records, papers, documents etc. operational process and different concerned personnel. The interviews were...