Monday, April 29, 2013

Fantabulous days of Internship – Week 1

Life has both ups and downs and that's really interesting. 
Without the Down's the importance of Up's won't be that significant. :)

Yipppiieee, i got selected in the 3rd company which came for summer internship interviews. This is what i felt on January 9, 2013. But I was the last to get a confirmed start date of internship.

Ground floor of the ABCD bank's branch @Interview day 

April 4, 2013
Left to right: Aniket, Jeet, Saurabh. Pankti. Rohit

It was the first reporting date to the ABCD bank’s Mutual Fund branch. I was not the only trainee, but had company of Pankti, Aniket, Rohit, Koustubh, Jiten and Jeet. All seven of us were from Institute of Management, Nirma University. 

As per the college policies, each one of us need to undergo a minimum of 8 weeks of internship. As of now, not even 1 month have been completed, but it feels like have spend 1 whole eventful year.

On the very first day got introduced to many top notches of that ABCD bank’s Asset Management Company (AMC) based on Ahmedabad. From the past 10 days before joining, I used to take follow up with them and finally it was feel good to meet them practically. After the introduction part was over, training started. We were bombarded with jargons on the very first day. After trying hard, concentrating on what my organization guide is speaking and frequently referring to the company’s booklet (which they provided), got to understand few of the stuffs.

Second day too was filled with training session. I learned about few of the following Jargons:
1KYC (Know your client) – lage haath khud ka bhi KYC karwa daala
2) SIP (Systematic investment Plan)
3) STP (Systematic Transaction Plan)
4) CAMSKRA, CVL, NDML, DOTX, KARVYKRA
5) NAV (Net Asset Value) – the baap of Mutual Funds theory







One more happening thing of the day was mouth-watering lunch provided by the head manager of the bank at Saasu Maa
… Opppssss Saasuji’s restaurant. Gujarati thali filled with variety of stuffs. I had 3 jalebi’s too.







April 7, 2013

It’s our first Sunday after joining.Aahaa… Still got opportunity to attend a seminar organized by the ABCD-AMC on Sunday. The seminar-hall was filled with ladies and housewives who were made aware of the Mutual funds in lucid ways by an orator from Pune. The best part of the event was an example of twin sisters, one of which invested in early days of her life and the other after getting older.



On the way to Office saw one of the biggest Goat @ Law Garden



the Magical Tap from which water flows without any support  :)

April 8+9, 2013

Training was almost over and time came for practical implementation. All those time spend with six of the friends was going to be on hold. The time we spend together, laughed, PJed, gone for lunch, acted like teaching on the white board. The time came, when we would be missing all those fun and frolic. But in my life my today is always better than the past. Hence, that’s what exactly happened. 

Now the time was for practically implementing what was taught. Few of them can be mentioned as under:
1) Convincing the clients
2) Spreading awareness regarding Mutual Funds
3) All steps of KYC form filling
4) Meeting both soft and rude clients

Now I feel, what all those awareness spreading as well as sales guys use to feel. It was very exciting and challenging job. Slowly I mastered the same by making a very personal touch and improving on the ways of interaction.  One thing I would like to say, “There is no theoretical alternative to what we can experience practically”.

The next day was my birthday, which was filled with surprises……….
To be continued…