Role of Insurance in Bangladesh

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INTERNSHIP PROJECT REPORT
ON
ROLE OF LIFE INSURANCE COMPANY IN THE ECONOMIC DEVELOPMENT OF BANGALDESH AND FINANCIAL CONTROL SYSTEM: A STUDY ON JIBAN BIMA COROPORATION.

(This internship Project report is submitted for the partial fulfillment of the Degree of Master of Business Administration with a major in Marketing)

SUPERVISED BY
Nighar Sultana
Lecturer
Faculty of Business Administration
BGC Trust University Bangladesh

PREPARD BY
Tasmin Akter
Program: MBA
ID No.: 120203049
Batch: 3rd
Major: Marketing

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BGC TRUST UNIVERSITY BANGLADESH

LETTER OF SUBMISSION

10 February, 2013

To
Ms. Nighar Sultana
Lecturer
Faculty of Business Administration,
BGC Trust University Bangladesh

Subject: Submission of Project Report.

Dear Sir,

I have the honor to inform you that I have completed my project report on “Role Of Life Insurance Company in the Economic Development of Bangladesh and Financial Control System: A study of Jiban Bima Corporation” for the purpose of partial fulfillment for the degree of Masters of Business Administration with a major in Marketing.

As your valuable suggestions and guidance, I have tried my best to prepare the report properly. I sincerely believe that you will find this report very significant and informative.

I therefore, pray and hope that you would be kind enough to accept this report and oblige thereby extends your co-operation and advice.

Sincerely yours

TASNIM AKTER
Program: MBA
ID No.: 120203049
Batch: 3rd
Major: Marketing
BGC Trust University Bangladesh

ACKNOWLEGEMENT

At the very beginning I would like to express my gratitude to my supervisor Ms. Nighar Sultana, Lecturer, Faculty of Business Administration, BGC Trust University Bangladesh for his proper guidance, inevitable help, counseling and special attention at difference phase of preparing this report.

In addition, I am most grateful to the management of Jiban Bima Corporation for their co-operation and friendly inspiration in completing the thesis report successfully.

Finally, I am deeply indebted my parents for their sacrifices and encouragement for completion of my MBA course and for preparing this report. EXECUTIVE SUMMARY

The economy of Bangladesh is in the process of a transition from a predominantly agrarian to a quasi-industrial and service economy. Economy and financial industry go together and are inseparable. So, it is a great pleasure for me that I have been completed report on Jiban Bima Corporation. My project report contains all the information about my work experience with Jiban Bima Corporation (JBC), which was established in 1990. My learning experience with JBC being with my project period. I shall try to discuss and include introduction, history, objective, status, mission and financial analysis etc.

Jiban Bima Corporation has been playing an important role in the economic development of the country. They generated employments four hundreds of people in the projects and industries establish under their finance.

At the end, the following steps are recommended on overall basis for the further advancement and enlistment of JBC.

TABLE OF CONTENT

| | | | |Page No. | |Chapter 1 : Introduction | |08 | |1.1 |Background of the study | | | | |1.2 |Objective of study | | | | |1.3 |Methodology of the study...
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