Modern Education Society’s

NESS WADIA COLLEGE OF COMMERCE

Pune -411001

INTERNSHIP PROGRAMME (2021-2022)

THIRD YEAR B.COM (SEMESTER V & VI)
UNDER CHOICE BASED CREDIT SYSTEM
(DURATION 60 HOURS)
Subject: BANKING AND FINANCE II & III
NAME: Venkatesh Suryakant Golkhande
ROLL NO.: 262
DIVISION: B
SUBJECT: Banking and Finance
MOBILE NO.:8446916855
UNDER THE GUIDANCE OF:
Dr. Laxman Baisane - Banking and Finance II
Dr. Ragini Mehta - Banking and Finance III
Name of the organisation:

Bajaj finserv
fixed deposit
pvt. Ltd
Details about Internship Providing Organisation:

❖ Name of the Organisation:- Bajaj finserv fixed deposit pvt. Ltd

❖ Address:- Bajaj Finserv, Princeton Town Society, Nilanjali Society,
Kalyani Nagar, Pune.
❖ Nature of Organisation:- Bajaj Finserv Limited (BFS) serves millions of
customers in the financial services space by providing solutions for
asset acquisition through financing, asset protection through general
insurance, family protection and income protection in the form of life
and health insurance and retirement and savings solutions.
❖ Turnover:- 323.73 Crore
❖ Milestones:- Bajaj Finserv was formed in April 2007 due to its
demerger from Bajaj Auto Limited as a separate entity to focus
purely on the group's financial services business. This demerger was
to unlock the value in the high growth business areas of Auto,
Insurance, Finance sectors and Wind Power and to run these core
businesses and strengthen their competencies independently.
 Area for Internship

Core Area – BANKING AND FINANCE II & III

Special Area -

a) To understand Labour Payroll

b) Administration Work

c) Lead Generation

d) Sales Executive

e) To do calculations related to deposits

f) To communicate with Clients

Details of various subject specific concepts learnt
before joining the internship:

• Soft skills
• Hard skills
• Basic knowledge of how banks works
• RBI guidelines
• How to interact with clients
• Marketing of products
 Allocation of 60 Hours

❖ Start Date :- 15/02/2022

❖ Working Hours :- 5 Hours( 02:00 pm To 07:00
pm)
❖ End Date :- 27/02/2022
List of Skills that is planning to acquire during Internship Programme:

Primary Skills Secondary Skills

● Punctuality of the student ● Format of cost sheet
● Soft Skills ● Methods of Inventory Control
● Ability to put theory into ● Apportionment and
practice Reapportionment of overheads
● Ability to take initiative for ● Preparation and format of
problem solving Estimates and Quotations
● Teamwork
● Managerial Skills
● Negotiations
● Commitment to the assigned
task
A brief note on how the Internship Programme may benefit to
student to develop better skills in special subject

Internships play a pivotal role in preparing students for the business world. It is generally
agreed that practical experiential activities are necessary to give students first hand skill
development and knowledge which they cannot get within the confines of the classroom
The classroom environment can and will never be able to provide students with the
complexities, problem analysis and solving involved in the real world .
By completing costing internship, I could possess variety of skills that will help me find a
successful cost accounting career. I would learn how PO are being prepared, invoicing is
done, conduct profit analysis and work with payroll offices, how cost is ascertained for
particular product or service ,how inventory is controlled, how cost cutting is done and
many more skills can be acquired in costing as it is my special subject and this Programme
will also help me to gain confidence in my abilities, adaptability, social skills, critical
thinking ,decision making, cost control, cost audit leading to smoother transition between
the academic knowledge provided by college and the professional and practicality found in
business world .
This will also polish me as better performer for being future ready for the business world.
 A Note on the Preparation Done before joining
Internship Programme

❖ During F.Y. B.Com ,Our college conducted some certification courses among
which one of the was Soft Skills course under which I had a vast knowledge
of skills required in today’s corporate world and how it helps us to perform
better outside with sheer confidence and presentation skills . During that
course many of the most prominent things which are necessary in today’s
business world such as writing effective and accurate Emails, business letters,
develop interview skills, presentation skills, preparing for the meeting and
further on which really helped me as a student and gave a clarity on many topics
which I was unaware about .
❖ Additionally , I have also completed certification course in MS-Office, Tally and
GST and I really look forward through this Internship Programme that these
theoretically learned concepts I will be able to put into practical and enhance
my knowledge in a better way.
 Details of the Primary Discussion with
Internship Providing Organisation

❖ First Visit Date: 10/02/2022

❖ Name of Officer:-Kunal pillay

❖ As we are group of 4 students decided to carry out this internship Programme together,
from the very starting we have been searching for the Organisation or any small unit who
is ready to take as interns but there were no positive responses due to current scenario of
covid .
❖ I had a word agreed to take as interns for 60 hours and was ready to provide every details
we required in our subject and I hope that I can achieve great knowledge of our concerned
subject and have a hand on practical side of it and timings were decided by the them and I
was more than thrilled that this internship to commence soon.
Proposed outcome of the Internship Programme

✔ The internship programme will provide valuable work

experience.
✔ It will help to explore a career path and develop and refine
skills that will eventually give an edge in the job market.
✔ Integrate theory and practice.
✔ Further development of social and communicative skills.
✔ Orientation towards a future career in a particular field.