Showing posts with label FINI619. Show all posts
Showing posts with label FINI619. Show all posts

Thursday, September 2, 2010

FINI619 Intership Report Format

VIRTUAL UNIVERSITY OF PAKISTAN
FORMAT OF THE INTERNSHIP REPORT
Masters of Business Administration (Finance)
1. Title page
The title page of the report will include:
a. Name of the organization
b. Name of the internee, Student ID and session
c. Submission date of the internship report
d. Name of the University
e. VU logo
2. Letter of Undertaking
You are required to fill in the Letter of Undertaking provided in the ‘Download’
section of the course VULMS and attach here the scanned copy after signing it.
3. Scanned copy of the internship certificate (provided by the organization)
Attach the scanned copy of your (original) Internship Completion certificate provided
by the organization.
4. Dedication (Optional)
If you want to dedicate your work to someone, you may write the dedication note
under this section of your internship report.
5. Acknowledgement
In this section you should acknowledge the help and support of all the people who
helped you in the compilation of your internship and internship report e.g. the library
staff, instructor, family, or any other person.
6. Executive summary
An executive summary previews the main points of an in-depth report. It helps the
reader to get a quick glance at the report before reading it in detail. It can be called as
micro image of the report. Every thing important that you have done, discovered and
concluded should be mentioned but briefly and concisely.
7. Table of contents
i. List the important headings and sub headings in the report with their respective
page numbers.
ii. Also make a separate list of tables and figures in the table of contents if you have
used any.
8. Brief introduction of the organization’s business sector (minimum word limit:
400-500 words)
Describe overview of the complete sector in which the organization falls according to
current scenario.
"Brief introduction of the business sector" refers to the main area which the
organization deals in i.e. consumer consumable, consumer durable or services, e.g.
Textile, Dairy or Telecom etc. But you should discuss the main sector and NOT the
organization under consideration.
9. Overview of the organization (minimum word limit: 800-1000 words)
a. Brief history
b. Nature of the organization
c. Business volume (Total number of stock, shares, bonds/ commodities, future
contracts planned for a particular period etc).
d. Product lines (A complete range of products/ services of the organization)
e. Competitors
10. Organizational structure (minimum word limit: 700-900 words)
a. Organizational Hierarchy chart
b. Number of employees
c. Main offices
d. Introduction of all the departments
e. Comments on the organizational structure (You would have to comment or
give your opinion on the structure of the organization as a whole that whether the
adopted structure and practices fulfill the requirements of the organization or
not.)
Note:
In section # 8-10, students are expected to collect information from various sources
such as within the organization (managers, internship supervisor and other concerned
persons) and company’s website, documents, brochures etc. but it is necessary to
mention the sources of information in APA format.
11. Plan of your internship program (minimum word limit: 200-300 words)
a. A brief introduction of the branch where you did your internship
b. Starting and ending dates of your internship
c. Names of the departments in which you got training and the duration of your
training
12. Training program (minimum word limit: 2000-2200 words)
a. Detailed description of the operations/activities performed by the department(s)
you worked in.
b. Detailed description of the tasks assigned to you.
OR
Detailed description of the project (s) assigned to you.
13. Structure of the Finance Department (minimum word limit: 150-200 words)
a. Departmental hierarchy
b. Number of employees working in the finance department
c. Finance & accounting operations
14. Functions of the Finance Department (minimum word limit: 600-700 words)
a. Accounting system of the organization
b. Finance system of the organization
c. Use of electronic data in decision making
d. Sources of funds
e. Allocation of funds
15. Critical analysis (minimum word limit: 2500-3500 words)
Relate the theoretical concepts with your practical experience during your internship
with the finance department.
a. Financial analysis
A document "Essentials for Financial Statement Analysis" is available under the
ICON of "DOWNLOADS" on VULMS of this course. You are required to
provide the critical analysis of most recent three years. Critical analysis based on
the financial data older than recent three years will NOT be considered.
i) Ratio Analysis
ii) Horizontal Analysis
iii) Vertical Analysis
iv) Industry Analysis (comparison with its industry or with its
competitors)
v) Trend Analysis
b. Future prospects of the organization.
16. SWOT analysis of organization (in bullets) (minimum word limit: 300-400
words)
SWOT analysis clearly describes the strengths, weaknesses, opportunities and threats
to the organization in which you have done internship. Remember that strengths and
weaknesses are internal to the organization and represent its culture while
opportunities and threats correspond to the environment outside the organization.
It is required to be discussed in bullets.
17. Conclusion (minimum word limit: 150-200 words)
In this section, you are required to describe the organization according to your
evaluation/assessment in the light of critical and SWOT analyses.
18. Recommendations for improvement (minimum word limit: 200-250 words)
In this section, you are required to suggest solutions for all the problems or
discrepancies (you have pointed out in critical and SWOT analysis) found in the
organization.
Note:
Section # 11-18 are NOT expected to be copied from anywhere, the student must
provide information in these sections based on his/her personal observation, learning
and experience gained during the internship. Cheating or copying in these sections is
NOT acceptable and hence the entire internship report can be completely rejected as
per ZERO TOLERANCE POLICY of the university. The university may also take
a legal action according to plagiarism policy as defined by HEC (Higher Education
Commission).
19. Reference & Sources used
In this section, provide all the references and sources in APA format that you have
used for data collection in your internship Report.
20. Annexes
At the end of your report, attach all of the supportive material you have used for the
preparation of your report, like brochures, forms, newsletters, interviews,
questionnaires etc.
You must provide scanned copies of all the financial statements used for financial
analysis. (If you have downloaded the financial statements from internet then its
source or web link should be provided. Scanned copies are not required in such case).
Your work will not be considered or accepted in case you do not provide scanned
copies or source of original financial statements.
Note:
• Complete all the required parts as mentioned in the format of Internship Report.
Remember, each part is essential, therefore, DO NOT skip any part as every part is
included in evaluation criteria.
• Minimum words required for internship report are 8000 – 10,000.
• There should be harmony among the ideas that you describe in the Critical analysis,
SWOT analysis, Conclusions and Recommendations.
• Internship Report should be submitted within the due date as mentioned in the
‘Semester Calendar’. Submissions made after due date shall not be considered.
• Students are required to upload their Internship Reports on VULMS of the course
against the relevant assignment. Internship Reports submitted via e-mail will not be
accepted. Students can upload their Internship Reports only once that will be
considered as their final submission and will not be replaced in any case.

Wednesday, September 1, 2010

Important Question For Finance Intership Report

Question: If I have already completed my Internship but could not pass the internship report/course in the previous semester, am I required to do internship again?
Answer: Your internship will be acceptable IF your Internship Completion Certificate & Evaluation Form are accepted by the Documents Evaluation Committee previously. In that case you are required to complete the course work only (internship report and presentation & viva voce).
Question: What are the requirements of an internship program?
Answer: Internship must be done according to the mentioned requirements: • In between 6-8 weeks internship duration in an organization • The organization must be recognized/ registered having proper departmentalization • Preferably according to area of specialization • Must be done during regular working hours of the organization
Question: May I submit the same internship report as submitted by me in current semester if I enroll the same course in next semester?
Answer: Yes, you may submit the same internship report in next semester if you had been passed in written work in previous semester. In such case, you are required to upload the same evaluated report on course VULMS against relevant assignment within due date. However, it is advised to submit the updated report in accordance with the latest format and instructions.
Question: What is the mode of presentation & viva voce for overseas students?
Answer: The presentation & viva voce of overseas students will be arranged via Web Cam Conferencing.
Question: What are the Evaluation Criteria of the course?
Answer: Evaluation of the course FINI619: Internship Report is based on pass/fail criteria. Marks have NOT been allocated to any submission or activity and no grade point of this course will be added to the CGPA. However, as it is a compulsory course, therefore, it is necessary to pass this course to fulfill the requirements of the degree program.
Question: What are the criteria for passing the written work?
Answer: The criteria for passing the written work are as follows: • Following the specified format, guidelines and instructions as uploaded on the VULMS as well as given by the Instructor • Providing relevant and accurate information • Providing complete and pertinent analysis of the data collected • Fulfilling justified requirements of internship report
Question: What are the criteria for passing the presentation & viva voce?
Answer: The evaluation of presentation & viva voce will be based on the following: • Defense of the written work • Power Point Slides (contents, formatting etc.) • Presentation and communication skills
Question: Have I selected the correct course option for myself?
Answer: We have divided our students into two categories i.e. On Job Students and Regular students (who are not on job) On Job Students: are required to select the course "Final Project" Regular Students: are required to select the course "Internship Report".
Question: If I have selected a wrong option then what am I supposed to do?
Answer: If you have mistakenly selected the wrong option, change your course immediately by sending an e-mail at course_selection@vu.edu.pk.
Question: Is Internship compulsory for all students?
Answer: Yes, Internship is compulsory for all students, although it is a non credit activity.
Question: What is the objective of doing internship?
Answer: Internship helps students in developing the skills to apply theoretical concepts onto practical work situations. Moreover, it provides an opportunity to test their aptitude in a particular field prior to starting a job on permanent basis.
Question: How many credit hours this course has?
Answer: This course carries 3 credit hours.
Question: What is the duration required for internship?
Answer: The acceptable duration for internship is 6-8 weeks.
Question: Is it necessary that Internship should be according to my area of specialization?
Answer: Yes, it is necessary that you must do your internship according to your area of specialization.
Question: If I have already completed my Internship, am I required to do it again?
Answer: As per rule, your internship will be considered valid if it fulfills the following requirements: • It is done after 3rd semester. • It is done after selection of area of specialization • It covers the time span of 6-8 weeks • Relevant to area of specialization
Question: How can I get the Internship Reference Letter (IRL)?
Answer: Once you find the organization willing to offer you internship, you may send the request for the issuance of Internship Reference Letter (IRL), only if it is required by the organization. You are required to download the Request Form for the issuance of IRL, fill in the required information and send it to your course instructor at Fini619@vu.edu.pk. Make sure to provide accurate information against ALL the required fields as per instructions because incomplete and/or incorrect request forms will NOT be processed. The Request Form for the issuance of IRL is available in Announcement as well as in the Downloads section of the course VULMS.
Question: Can the internship reference letter be issued after the due date mentioned in semester calendar?
Answer: The internship reference letters be issued after the due date as per semester calendar. However, in such a case the student may not be able to meet the next deadline given for submission of internship completion certificate and evaluation form as well as internship report. Thus the students will be required to enroll the course (fini619) in next semester for the submission of internship completion certificate, evaluation form and internship report only. Their internship program will be accepted subject to the acceptance of the relevant above mentioned documents by the Documents Evaluation Committee.
Question: What is the purpose of internship Evaluation Form? How is it distinguished from internship certificate?
Answer: Evaluation form reflects the feedback of the internship supervisor about your performance during the internship period. You may download it from VULMS; take a print of it and get it filled by the internship supervisor in the organization. The completed evaluation form is required to be dispatched directly to VU by the internship supervisor, duly signed and stamped, in a sealed envelope. Internship certificate is a separate document that the organization (where you do the internship) awards you at the completion of the internship period. It is evidence that you have done the internship with the particular organization.
Question: What is a Job Leaving Certificate?
Answer: It is a certificate to be issued, duly signed and stamped by your previous employer, stating that you have left the organization w.e.f. the mentioned date.
Question: What information a Job Leaving Certificate must include?
Answer: The Job leaving certificate must include the following information: • It must be on original letter head of the organization. • The issuance date of the letter must be mentioned • Your date of leaving the organization • Last position held. • Signed and stamped by the last employer/person authorized • Name and designation of the person issuing the letter
Question: Who is required to provide a Job Leaving Certificate?
Answer: Only those students are required to provide their Job Leaving Certificates who were on job and had submitted their Job Confirmation Letter in the previous semester. Now they have left their jobs and are required to do internship.
Question: What is Internship Completion Certificate?
Answer: It is a certificate to be issued, duly signed and stamped by the organization’s authority, stating that you have completed your internship in the organization.
Question: What information an Internship Completion Certificate must include?
Answer: The Internship Completion Certificate must include following information: • It must be on original letter head of the organization. • The issuance date of the letter must be mentioned • Your date of joining and completion of internship in the organization • Signed and stamped by the authorized person. • Name and designation of the person issuing the letter
Question: At what address should I dispatch my Internship Completion Certificate?
Answer: You are required to send us your Internship Completion Certificate at the address; Instructor Fini619, Department of Management Sciences, Virtual University of Pakistan, M.A. Jinnah campus, Defence road off Raiwind road, Lahore. UAN:(042 111-880-880
Question: What information should be mentioned on the envelope?
Answer: You must provide following information on the envelope so that your letter reaches the right person: • Your name and VU ID • Semester
Question: How can an overseas student submit his/her internship completion certificate?
Answer: Overseas student’s internship completion certificate is required to be submitted in soft copy (scanned) sent directly at the course ID (fini619@vu.edu.pk) from the official e-mail ID of the current employer or the authorized person.
Question: Shall I get any credit of Internship Completion Certificate?
Answer: You will Not be given any credit for providing Internship Completion Certificate.
Question: What if I fail to submit a valid internship certificate as per due date?
Answer: If you do not submit a valid internship completion certificate as per due date, your presentation shall NOT be called in current semester; thus your result will be declared as F (Absent) and eventually you will have to re-enroll this course in next semester.
Question: What kind of organization should I choose for internship?
Answer: You must select a recognized and registered organization for internship having proper structure i.e. proper division of departments and operations etc. You can select any bank, business firm or any type of organization in which you can utilize your management skills according to your area of specialization.
Question: What should be considered while selecting an organization for internship?
Answer: It would be better to select an organization where you could learn something related to your area of specialization. This eventually will help you in learning and especially while writing the internship report
Question: Will I search the organization for Internship myself, or university will provide any assistance in this regard?
Answer: You are required to select the organization yourself; University will only provide the reference letter to you in the name of concerned person in the organization.
Question: When will the Internship program start?
Answer: You can start your Internship program any time during the semester but you must complete it before the deadlines displayed on semester calendar uploaded on VULMS. It is advised to start searching for internship immediately after commencement of your semester so that you can complete internship and submit your written work before the due date.
Question: What if I have failed the written work (internship report) in current semester?
Answer: You are required to re-enroll this course in next semester and re-submit the written work (internship report) after making improvements according to the Instructor’s comments on the evaluated and uploaded file.
Question: Should I do internship again in next semester after failure in the current course?
Answer: No, you are NOT required to do internship again unless your internship program has been rejected for any reason.
Question: What will be the format of internship report?
Answer: The format of Internship report is uploaded on VULMS of FINI619.
Question: Will any sample internship report be provided to us?
Answer: No. Sample Internship report will not be provided to the students. You are required to follow the format uploaded on VULMS to write your Internship report.
Question: Can you specify the length of the internship report?
Answer: An internship report should consist of at least 8,000-10,000 words.
Question: How can I count the number of words of my internship report in a Word Document?
Answer: Select Properties from menu, in Statistics you can see the number of words your file has.
Question: Can I submit internship report, which has already been submitted by another student?
Answer: No, you cannot submit any Internship report which has already been submitted by anyone else. If you do so, your internship report will be rejected and your result will be declared as ‘Fail’.
Question: What if two or more students get internship in the same organization at a same time?
Answer: It does not matter. Two or more than two students can simultaneously do internship in the same organization.
Question: What if more than one student doing internship at the same time in the same organization jointly write internship report?
Answer: Such reports will be declared copied and hence will be rejected. However, in such cases, every student will be expected to produce his/her own work and make sure that reports are not the same/identical.
Question: Can I provide the material copied from websites, books, journals or any other sources?
Answer: No, you cannot provide copied material from any source. Copied work will be rejected without any consideration and your result will be declared as ‘Fail’.
Question: What is plagiarism?
Answer: Plagiarism is a crime against intellectual property. It means to provide other authors’ work by your own name which is against research ethics and comes under the act of plagiarism. The university reserves the right to cancel the degree of such students even if it is found out afterwards.
Question: When and where am I required to submit my Internship report?
Answer: You are required to submit your Internship report at the completion of your internship. You are required to submit the soft copy of your internship report to your concerned Instructor through VULMS against the link of Assignment by the due date as per semester calendar
Question: Who will be called for presentation & viva voce?
Answer: Only those students will be called for presentation & viva voce who will pass the written work.
Question: Where would I be called for presentation & viva voce?
Answer: Students can be called at Lahore for presentation and viva voce. However, the students living in other cities will be scheduled at designated centers near to their residential addresses provided to the university.
Question: How would I get call for presentation & viva-voce?
Answer: Call for presentation & viva-voce will be sent at your VU e-mail ID. It will include date, time and venue of presentation & viva-voce.
Question: What is the confirmation e-mail for presentation & viva voce and what information should it include?
Answer: Confirmation e-mail for presentation & viva voce is required to be sent at the course e-mail ID (Fini619@vu.edu.pk) in response to the call for presentation & viva voce prior to the date of presentation. The purpose is to assure your presence in the presentation & viva voce on the scheduled date, time and venue. You are required to provide your postal address along with contact number in the confirmation e-mail for the receipt of job confirmation letter or any other document by post.
Question: How should I prepare myself for viva voce session?
Answer: Basically, you are required to defend your work during the viva voce session. Make sure that you should have: • Full grasp over your internship report • A sound knowledge of your area of specialization.
Question: What should be the medium of communication in presentation & viva voce?
Answer: Medium of communication should be English.
Question: How can I carry my data (PPTs) for presentation & viva-voce to the venue of presentation?
Answer: You are required to bring your PPTs in the USB/Flash drive. You are also required to upload your PPTs on VULMS against the relevant assignment as well as send the same to the concerned Instructor at fini619@vu.edu.pk.
Question: Is it possible to re-schedule the presentation & viva voce if I am unable to come on the scheduled date?
Answer: No. Presentation & viva voce shall NOT be re-scheduled in any case.
Question: What if I do not appear in the presentation & viva voce without prior intimation to the Instructor?
Answer: In this case, your result will be declared as F (Absent) and eventually you will have to re-enroll this course in next semester.
Question: Will there be any lectures of this course on Channels of VU?
Answer: Lectures of this course will neither be broadcasted on TV nor they will be available on CDs.
Question: Are there any handouts of this course?
Answer: No, there would NOT be any handouts, instead students will be required to follow the instructions/ guidelines, formats (templates), provided on VULMS.
Question: Will there be any MDBs for this course?
Answer: Yes, MDB will be opened for this course where you can send your course related queries there.