1.1. Origin of the report
For any business school student only curriculum activity is not enough for handling the real business situation, therefore it is an opportunity for the students to know about the field of business through the internship program. As internship program is a perfect blend of the theoretical and practical knowledge. This report is originated to fulfill the requirement of the assign project internship report on “Foreign Exchange Operation of Mutual Trust Bank Ltd. In this regard an organization attachment at Dilkusha Branch of Mutual Trust Bank has been given to me a period of three months commencing from 1st August, 2010 to 31st October, 2010. During this period I learned how the host organization works with the help of the internal supervisor.
The internal supervisor assigned me on of the projects and shuffled me around to educate me about the operation of a bank.
1.2. Significance of the report
This internship report is an important partial requirement of four years BBA graduation program. This is because knowledge and learning become perfect when it is associated with theory and practice. By this internship program students can establish contacts and networking. Contacts may help to get a job in practical life. That is, student can train and prepare themselves for the job market. A poor country like Bangladesh has an overwhelming number of unemployed educated graduates. As they have no internship experience they have not been able to gain normal professional experience of establish networking system, which is important in getting a job. Therefore, it is obvious that the significance of internship is clearly justified as the crucial requirement of four years BBA graduation.
1.3. Scope of the Study
Mutual Trust Bank Limited is one of the new generation banks in Bangladesh. The scope of the study is limited to the Dilkusha Branch only. The report covers the organizational structure; background, functions and the performance of the bank have mainly worked in the foreign exchange so my report covers all the activities of foreign exchange department in the Dilkusha branch. While preparing this report I haven’t any limitations the employees of foreign exchange department has helped me a lot and I have use both primary and secondary data which was available to me.
Primary objective is to learn the real world experience because I have gathered theoretical knowledge of BBA course and try to match real world experience with the theoretical knowledge.
1.4.1. The Broad objective
The Broad objective of preparing this report is to attain practical knowledge on the” Foreign exchange operations performed by Mutual Trust Bank Ltd”.
1.4.2. Specific objective:
Furthermore, the specific objective of this report is.
To study Foreign Exchange Trend of MTBL.
To know the export, import procedure of MTBL in details. To assess and the impact of Brokerage charge and Commission to Foreign Exchange income. To learn about the benefits and incentives provides by the bank to the export procedure. To Compare Foreign Exchange operations performance of MTBL with that of Primer Bank ltd. To identify the problems of foreign trade of MTBL and give some suggestions to improve.
1.5. Methodology of the Study
The methodology of the report is given below-
1.5.1 Research Type:
This is a “Descriptive Research”, which briefly reveals the Foreign Exchange Operations of Mutual Trust Bank Ltd
For the analysis part, data have been collected from different statements and the annual report of the bank.
1.5.2. Sources of Information
The data collection method of study consists of both of primary and secondary sources. But majority of the information was collected from secondary sources.
Data originated by the researcher for the specific purpose of addressing the...