The Internship Report on Ific Bank Ltd
IX
INTRODUCTION
Introduction
IX.01 Background (THE INTERNSHIP)
We the students of Masters of Business Administration (M.B.A) study the subject 's related to business including Accounting, Management, Finance, Marketing, Mathematics, Social and cultural status and little about science and technology. The schools of business at home and abroad try to familiarize each student as they move comfortably in the business environment. But only the theoretical study in the class rooms is not enough rather a practical experience and the only means of practical experience is internship program.
In the business environment at home & abroad there are lots of financial institution, business firms, and industries which provide this facility towards us. If we could not get this facility of internship then a wide gaps will take place between our study and experience. I think this is an extremely valuable asset for us.
We the students of business do this usually for there months. In our country there are many banks particularly the esteemed private sector banks, and elite business firms provide this. In this respect I have done my internship at IFIC bank ltd. the one of the most renowned private bank in Bangladesh. I am thankful to IFIC Bank for this.
IX.02 Objectives
The objectives of the reports is to provide
• a general description of the branch banking • an exposure of practices of different banking activities in IFIC Bank Ltd.. • relevant rules, regulations, theories and practices for banking.
IX.03 Significance
IFIC BANK LTD. is one of leading private commercial banks of the country. Through it has 62 branches all over the country, it is performing banking activities very successfully. To mobilize funds from surplus units and deploy funds to deficit units, the bank is playing a great role in the economic development of the country. IFIC BANK LTD. is one of
INTRODUCTION
Introduction
IX.01 Background (THE INTERNSHIP)
We the students of Masters of Business Administration (M.B.A) study the subject 's related to business including Accounting, Management, Finance, Marketing, Mathematics, Social and cultural status and little about science and technology. The schools of business at home and abroad try to familiarize each student as they move comfortably in the business environment. But only the theoretical study in the class rooms is not enough rather a practical experience and the only means of practical experience is internship program.
In the business environment at home & abroad there are lots of financial institution, business firms, and industries which provide this facility towards us. If we could not get this facility of internship then a wide gaps will take place between our study and experience. I think this is an extremely valuable asset for us.
We the students of business do this usually for there months. In our country there are many banks particularly the esteemed private sector banks, and elite business firms provide this. In this respect I have done my internship at IFIC bank ltd. the one of the most renowned private bank in Bangladesh. I am thankful to IFIC Bank for this.
IX.02 Objectives
The objectives of the reports is to provide
• a general description of the branch banking • an exposure of practices of different banking activities in IFIC Bank Ltd.. • relevant rules, regulations, theories and practices for banking.
IX.03 Significance
IFIC BANK LTD. is one of leading private commercial banks of the country. Through it has 62 branches all over the country, it is performing banking activities very successfully. To mobilize funds from surplus units and deploy funds to deficit units, the bank is playing a great role in the economic development of the country. IFIC BANK LTD. is one of
Bibliography: • My daily - Daily Notebook, written during the orientation program. • IFIC BANK LTD., Working Manual for different department. • Import Policy, 1997-2002, published by Ministry of Commerce, Bangladesh Secretariat, Dhaka. • Annual report 2002, IFIC BANK LTD. • Business of Banking - Dr. R.M. Debnath. • A Text Book on Foreign Exchange- L.R. Chowdhury. • Special Project Report Published by IFIC Bank