Nikita Project I

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An

INTERNSHIP TRAINING REPORT

On

<”A STUDY ON ANYLYSIS OF EMPLOYEES TRAINING NEEDS AT BIMA


BAJAR, PATNA”>

For the partial fulfillment of the Degree of


BACHELORS OF BUSINESS ADMINISTRATION

Sandip University, Sijoul, Madhubani

|||

(2020-2023)

Submitted to:
Submitted by:
Professor.prerna poonj
<NIKITA KUMARI>
DEAN OF MANAGEMENT
School of Commerce & Management Studies BBA VI
Sandip University, Specialization: HR
Neelam Vidya Vihar
Sijoul, Mailam,Madhubani - 847235 PRN:200202011017
SANDIP UNIVERSITY

SCHOOL OF COMMERCE & MANAGEMENT STUDIES

SIJOUL, MADHUBANI – BIHAR

DECLARATION

I hereby declare that this internship report entitled “A


STUDY ON THE FINANCIAL GAINS ON HEALTH
INSURANCE POLICIES WRT BIMA BAJAR, PATNA” ,
is a bonafied record work done by me for the award of
degree of BACHELORS OF BUSINESS
ADMINISTRATION submitted to SANDIP UNIVERSITY.
I further declare that the study has not previously formed
for the award of any study, research & work or the similar
title or recognition.

Signature: ………………………

Name of Student : NIKITA KUMARI


PRN 200202011017

Date:
ACKNOWLEDGEMENT

I am glad to express my extreme thank and feeling of deep


gratitude, indebtedness and reverence to my esteemed
supervisor, < VISHAL KUMAR > (Industry Guide), who has
always show exemplary keenness and interest in the process
of Project Work.

His valuable guidance, timely suggestion and constant


treachery inspiration made it possible for me to complete
present shape and due date.

I express my sincere thanks to Professor.Prerna poonj for


providing me valuable help in achieving the accomplishment of
this Project Work.

At last but not least I am thank full to all faculty members who
provided their full support and co-operation during my project
by giving me sufficient knowledge related to my topic.

The completion of this Project Report is the result of valuable


guidance, constructive suggestion, keen interest and eminent
supervision of VISHAL KUMAR (Industry Guide)

(Dr. M.V.K.S. RAO)


CERTIFICATE BY THE PROJECT SUPERVISOR

It is certified that the project work entitled “A STUDY ON


THE FINANCIAL GAINS ON HEALTH INSURANCE
POLICIES WRT BIMA BAJAR, PATNA” which is being
submitted by < NIKITA KUMARI >, University PRN no.
200202011017
for the partial fulfillment of the requirements for the
Bachelors of Business Administration in Human Resource
at Sandip University, Sijoul, Madhubani is a record of his
own work carried by his under my supervision. The matter
embodied has not been submitted for the award of any
degree elsewhere.

I recommend this project work for submission


and evaluation for the award of degree to the student.

Signature: ………………………
Name of the Supervisor: Professor.Prerna poonj
Designation: DEAN OF MANAGEMENT
Date:
INTERNSHIP
C E R T I F I C AT E
CONTENTS
PAGE

Topic Page

Chapter -01 About Company

1.1 Introduction
1.2 Objectives of Study
1.3 Scope Of Study
1.4 Significance of Study

Chapter -02 Introduction

2.1 Company Profile


2.2 History

2.3 Mission & Vision Of the Company

2.4 Industry Profile & Details

Chapter-03 Need & Objectives

3.1 Need of the Study – Conceptual

3.2 Conceptual Framework


3.3 Objectives of the Study

Chapter -04 Methodology

4.1 Research Methodology

4.2 Data Analysis & Interpretation

Chapter -05 Conclusion & Recommendation

5.1 Conclusion

5.2 Suggestions & Recommendation

Annexure
Weekly Report
Bibliography
CHAPTER 1
1.1 INTRODUCTION

Training is a program that helps staff learn or gain


certain knowledge, skills and abilities which can make
their current performance better. Training involves a
new dimension in perspective, skills and information
of an individual with the resultant improvement in
the behaviour. For training to be effective, it must be
a planned activity conducted with a need analysis at
varied levels and target at bound competencies, and
it ought to be conducted during a learning
atmosphere. Training could be a means to make sure
that staff has information and right skills to be ready
to do their work effectively and aptly. Training could
also be required once there’s a difference between
the desired or expected performance, and the
current performance, and therefore the reason for
that gap is lack of ability or information.
Technology is fast changing at a very quick pace.
Along with that, the performance betterment of
employees is needed. With correct training and
development, the productivity will increase manifold.
Varied corporations have in-house specialists who
train staff on varied aspects of the business.

Normally, a calendar is puzzled out ahead with the


help of which varied sessions are listed out and which
staff will choose their business demand to reinforce
personal development needs.

Training and development that was at a point of


time not given abundant importance, is currently very
important for any company to fulfil its broad goals and
objectives. There are several aspects to be considered
once managers are distinguishing training needs of
their team members. Thus, once the work force is
provided support for innovation, it will facilitate
increased productivity and improve growth rate of
business. However, it’s essential to use TNA best
practices to spot performance gaps and whether the
training material is on par. Overall, it is concluded
that with a correct analysis and implementation,
(which go together) it is made sure that each worker
is happy and extremely productive. Training need
analysis approach bridges the gap between
performances from expected or desired state to the
current state. This gap will occur at the structure level
or at the performances from expected or desired
state to the current state. This gap will occur at the
structure level or at the individual level. From this
gap analysis, one can assume the resources needed
and set up the budget consequently. It additionally
ensures strategic designing or a SWOT analysis of the
organization.
These strengths will be bolstered with requisite
training, and any weakness could also be assessed as
a dimension one has to pay stress to, whereas
opportunities understand areas that one needs to be
trained in. For the purpose of the paper, a prominent
organization in the real estate sector is taken as an
example.

The paper not only highlights the training need


analysis undertaken in the company but also shows
prioritization of various needs based on
competencies expected in future.
1.2 Objectives of Study

• To find various training programs being


conducted in the organization.

• To evaluate and rate employees on the


specified skills needed to perform their job
individually.

• To rank the specified skills on the basis of


their importance in minds of each individual
employee.

• To prioritize training needs on the basis of


respective ratings and ranking given to each
specific skill by the employees.

• To find and analyze performance gaps and


training needs of employees at various
departments and levels in the organisation.
• To analyze and recommend various types of
training programs to be conducted in the
future.

• To check and ensure that the training programs


recommended meet both organisational as well
as individual goals.

• An appropriate process of analyzing training


needs enhances the progress of organization
towards investors in people.

• To provide a constructive base for enhancing


performance and efficiency.

• Being a natural function of appraisal system it


encourages discussions on what skills need to be
improved or incorporated and how.
• To ensure that resources reach the right
priorities.

• To provide a central plank in any effective


development plan.

• To help individuals and groups perform better,


making positive contribution to job
satisfaction, morale and motivation.
1.3 Scope Of Study

Training Need Assessment Process & Scope ·


Person characteristics: It shows the readiness for
training their capabilities and abilities.

Scope of Training Need Assessment

• Organization achieve its goals

• To determine causes of poor performance

• To determine content and scope of training


• It reduces gaps between employee skills and the
skills required by the job

• Total Quality Management

• To gain management support

• To ensure the continuing motivation, interest and


satisfaction levels of organization staff
1.4 Significance of Study

Training needs analysis is an essential exercise for


building a future-ready workforce. Training needs
analysis is a structured process through which an
organization can find out the skill gap in their
workforce by assessing their current skill level vis-
a-vis the required competencies in the future of
work.

Training needs analysis can significantly benefit


organizations and employees by contributing to
the creation of effective training programs
thereby improving the efficacy of the training
program.

A training needs analysis is important for the


following 3 reasons: Identifies employee
knowledge and performance gaps. Helps
organizations efficiently build a targeted training
plan. Provides insight into new training
opportunities (e.g. different modalities and
approaches)

A training needs analysis helps to identify which


areas to focus on to ensure the greatest impact
and outcomes. Once these areas are identified
they can be prioritized and training resources
allocated as needed which is more cost-effective
than trying to deliver training across areas it is not
needed.
CHAPTER 2
CHAPTER 3
3.1 Need of the study

• Eurofins Advinus limited found that the existing


training program conducted for their employees
was not yielding desired results. In order to
understand the efficiency of the training
program, the management wanted to conduct a
study to find out the employees perception on
training programs in the organization.

• Basing on the understanding of the employee


perception on training, a suitable list of training
programs would be selected by the
management so that the quality of the
workforce can be improved. Training program
aims to achieve uniformity in the level of skill of
all employees so that all employees are equally
skilled to further the business goals of the
company.
3.2 Conceptual Framework

A conceptual framework is a representation


of the relationship you expect to see between
your variables, or the characteristics or
properties that you want to study. Conceptual
frameworks can be written or visual and are
generally developed based on a literature
review of existing studies about your topic.
The three main types of
conceptual frameworks
are :

 Taxonom

 Visual representa- tion

 Mathematical description
4 Steps on How to Make the
Conceptual Framework

1. Choose your topic.

2. Do a literature review.

3. Isolate the important variables.

4. Generate the conceptual framework.


Purpose of Conceptual
Framework

A conceptual framework is like a roadmap for


your study, helping you visualise your research
project and put it into action. It defines the
relevant variables for your study and maps out
how they might relate to each other.
3.3 Scope of the study

Whether this study of TNA will help the


organization achieve its goals because once the
gaps between employee skills and the skills
required for the job is understood the workforce
can be trained basing on the skills they lack rather
than one size fits all approach which is usually
employed in various organisations across the
industry.

The study is important for the company to


understand and ensure that the employees are kept
motivated and interested in the work they do and
the satisfaction level of organization staff is
achieved.
CHAPTER 4

4.1 Research Methodology

About the Course
This course is aimed at equipping the participants
with the knowledge and skills to undertake a
research study. The participants will understand
relevant theories, concepts, tools and techniques in
research. This course is designed to be practical
therefore the theoretical knowledge that constitutes
research methodology is organized around the
operational steps that form the research process for
both quantitative and qualitative research.

Target Participants 
This course is aimed at researchers, students,
academics or any other professional who want to
enhance their research skills.
What you will learn

By the end of this training the partici
pants will be able to: 

• Formulate and write research questions,


hypotheses and research objectives 

• Effectively select the correct research design

• Examine critically the importance of a sampling


strategy in both quantitative and qualitative
research and be familiar with key sampling
methods

• Undertake a critical literature review and


recognize the strengths and weaknesses in
secondary data

• Develop robust data collection instruments


• Write a research proposal that demonstrates an
understanding of the research process and the key
principles of research ethics

• Identify and appraise appropriate routes for the


dissemination of research findings
4.2 Data Analysis & Interpretation

Data analysis assists researchers in categorizing,


manipulating, and summarizing data to answer critical
questions. In business terms, the interpretation of data
is the execution of various processes.

This process analyzes and revises data to gain


insights and recognize emerging patterns and
behaviors.

Data interpretation is the process of reviewing data


and arriving at relevant conclusions using various
analytical methods.

Data Analysis assists researchers in categorizing,


manipulating, and summarizing data to answer critical
questions.
In business terms, the interpretation of data is the
execution of various processes. This process
analyzes and revises data to gain insights and
recognize emerging patterns and behaviors.

These conclusions will assist you as a manager in


making an informed decision based on numbers
while having all of the facts at your disposal.

Importance of Data Interpretation


Raw data is useless unless it’s interpreted. Data
interpretation is important to businesses and
people. The collected data helps make informed
decisions.

Make Better Decisions


Any decision is based on the information that is
available at the time. People used to think that
many diseases were caused by bad blood, which
was one of the four humors. So, the
solution was to get rid of the bad blood. We now
know that things like viruses, bacteria, and
immune responses can cause illness and can act
accordingly.

In the same way, when you know how to


collect and understand data well, you can make
better decisions. You can confidently choose a
path for your organization or even your life
instead of working with assumptions.

The most important thing is to follow a


transparent process to reduce mistakes and
tiredness when making decisions.

Data Interpretation Examples


Here are two examples of data interpretations to
help you understand it better :
Example 1
Let’s say your users fall into four age groups. So a
company can see which age group likes their
content or product. Based on bar charts or pie
charts, they can develop a marketing strategy to
reach uninvolved groups or an outreach strategy to
grow their core user base.

Example 2
Another example of data analysis is the use of
recruitment CRM by businesses. They utilize it
to find candidates, track their progress, and
manage their entire hiring process to determine
how they can better automate their workflow.

Interpreting data, analyzing results using


statistical techniques. Developing and
implementing data analyses, data collection
systems and other strategies that optimize
statistical efficiency and quality.
Conclusion

Overall, data interpretation is an essential factor in


data-driven decision-making. It should be performed
on a regular basis as part of an iterative
interpretation process. Investors, developers, and
sales and acquisition professionals can benefit from
routine data interpretation. It is what you do with
those insights that determine the success of your
business.

Contact QuestionPro experts if you need assistance


conducting research or creating a data analysis. We
can walk you through the process and help you make
the most of your data.

Data Analysis.: Data Analysis is the process of


systematically applying statistical and/or logical
techniques to describe and illustrate, condense
and recap, and evaluate data.
the 5 methods of data analysis?

         
Diagnostic 

Diagnostic Analysis, Predictive Analysis,


Prescriptive Analysis, Text Analysis, and
Statistical Analysis are the most commonly
used data analytics types. Statistical analysis
can be further broken down into Descriptive
Analytics and Inferential Analysis.
CHAPTER 5

5.1 Conclusion

Conclusion :
The chapter recognizes the Analysis of employees
training needs in market. We explain the concept of
training segmentation and need segmentation. We
also discuss the needs of training segmentation in
the organization how can we help trainers to grow in
the organization and how can organization leads the
trainee.

In conclusion, a Training Needs Analysis is a crucial


step in developing an effective training program. By
taking the time to assess the needs of your
employees, you can ensure that your training
program is targeted and effective.
Additionally, a Training Needs Analysis can help you
to identify potential areas of improvement within
your organization. By conducting a Training Needs
Analysis on a regular basis, you can ensure that your
training programs are always up-to-date and
meeting the needs of your employees.

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