Premium Essay

Hr Pratics in Islami Bank Bangladesh Ltd.

In: Business and Management

Submitted By arafatdiu
Words 4486
Pages 18
Limitation

There have been several limitations we have faced while completing the term paper. At every stage in this study we have been tried to be done with reasonable level of competence in the field of Human Resource Department. Despite of these efforts some internal and external shortcomings have been observed while doing the information collection, field working and editing and analyzing the data obtained from the respondents.

The major limitations are as the followings:

1. Most of the respondents are not encourage to our survey, so a big portion of response error has been occurred at the initial stage.

2. No pre-contact with the employees have been ensured prior to the survey, which was necessary.

3. Relevant papers and documents were not available sufficiently because of confidentiality. In many case, up to date information is not available. The lack of knowledge about the sources of secondary data is also a limitation of this study.

4. Information was taken by bank from Dhaka city in one Branch only; it does not represent the rest of the country.

5. Some of the options are not adequately categorized. Where the information about the compensation of the employees as their demographic information has to be given; there could be a customize option for Compensation. This limitation results in a number of response errors.

6. In some cases lack of coordination with the some of the employees has caused turbulence & confusion while creating the report. It also has affected the research conduction.

7. Problem has been faced regarding time management. Time constraint is a major limitation. To conduct a longer period of time should be spent to get a representative outcome.

For the above reason, the term paper extent complicated for me.

A. Islami Bank Bangladesh Ltd. (IBBL).

Islami Bank Bangladesh Ltd. Is…...

Similar Documents

Premium Essay

A Study of Foreign Exchange Operation of Islami Bank Bangladesh Limited”.

...[pic] On A Study of foreign exchange operation of Islami Bank Bangladesh Limited Acknowledgement At the very beginning I would like to thank Almighty Allah for giving me the strength to finish the project within the schedule time. During the preparation of this report I have received generous help from many individuals which I would like to mention with my deepest gratitude. First of all, I must take this opportunity to thank “Islami Bank Bangladesh Limited” for giving me the opportunity to complete my internship program in their organization. It was really a great opportunity to work on this topic, and which is really an important and exceptional report. I tried to dedicate my best trying and resources. But “Too Error is Human”, I am not exception to this, I have some limitations, also. My ultimate constraint was time, I invested beyond this report. If I could give more times, I could make it better in the point of view of doing “Discovery of Information”, “Recommendation” etc. Al last, I just want to say that I tried my best to make it realistic. I am extremely sorry for my limitations and constraints that had impact in making the “Internship Report” efficient and effective. [pic] |Topics ...

Words: 13510 - Pages: 55

Premium Essay

Bangladesh Bank

...HUMAN RESOURCE MANAGEMENT AND EMPLOYEE PERFORMANCE: A CASE STUDY ON BANGLADESH BANK PRESENTED BY: MD. RAYHANUL ISLAM EXAMINATION COMMITTEE: Dr. SUNUNTA SIENGTHAI (CHAIRPERSON) Dr. SUNDAR VENKATESH Dr. YUOSRE BADIR Agenda: Introduction of the study Snapshot of BB and its current situation on human resource management. Findings and discussion. Conclusion of the study and recommendations. Introduction Bangladesh Bank (BB), the central bank of Bangladesh, is the key player for the financial sector of Bangladesh as well as for the economy. An urgent need for supply of adequate professional manpower to cope with the emerging challenges. Objectives of the study: 1. To describe the existing HRM of BB. 2. To assess the strengths and weaknesses of the current BB’s HRM. 3. To examine the relationship between BB’s HRM practices and HR Department’s employees performance. Research methodology ◦ ◦ ◦ ◦ ◦ Sampling Method Primary Data Secondary Data Data Gathering Instrument Data Analysis Flow chart of the research framework Bangladesh Bank and its situation on Human Resource Management • The • • establishment of BB Functions of BB Human Resources Department (HRD) of BB: HR Dept. has 3 division & each division has 2 wings. These arePlanning and Resourcing Division -Planning, Promotion & Transfer wing -Recruitment & Outsourcing wing Development and Benefit Division -Benefits & Administration wing -Training & Development wing Performance and Reward......

Words: 950 - Pages: 4

Free Essay

Marcantile Bank Ltd, Bangladesh

...Company profile Akij Food and Beverage Ltd. “Brings Quality in Life”. 1. History: Akij Food & Beverage Ltd. (AFBL) a unit of Akij Group started its operation in the year 2006. AFBL manufactures a wide range of Snacks and Beverage for both National & International market alike. AFBL is a project worth $ 70 million& is funded by the parental company Akij Group. AFBL started its production at 400 bph in the carbonated soft drinks line and 300 bph in the juice line. In a span of one and a half years we have increased our capacity to 1800 bph. At present our capacity; one is at the ground breaking rate of 1900 bph. So in approximately three years time our capacity has increased three folds. During this same period most of our brands became either number one or are almost on the verge of becoming number one in their respective categories. Most of our machineries have been imported from world famous brands as Krones, Tetra Pak, Alfalaval, Sipa, and Husky to achieve the best quality. The history of Akij Group stretches back to later part of the forties. In its infancy, the Group started in humble way with jute trading which was known as the golden fiber of the country, earning highest amount of foreign exchange. Akij Group's ceaseless efforts with dynamic management and support from our numerous clients have led our Group in diversifying its business activities. In the second phase, the Group went into ......

Words: 2744 - Pages: 11

Premium Essay

Froeign Exchange Performance Analysis of Islami Bank Bangladesh Ltd.

...Foreign Exchange Performance Analysis of Islamic Bank Bangladesh Ltd. A Report On Foreign Exchange Performance Analysis of Islamic Bank Bangladesh Ltd. Prepared For: The Chairman Fourth Year Examination Committee 2013 Prepared By Md. Wasiul Islam Exam ID: 100214 BBA Program, Session: 2009-10 Dept. of Finance & Banking Jahangirnagar University Savar, Dhaka – 1342 October 10, 2013 October 10, 2013 The Chairman Exam Committee Fourth Year Exam Committee 2013 Department of Finance & Banking Jahangirnagar University Savar, Dhaka-1342 Through: Mr. MD. Tarikul Islam, Thesis Supervisor Subject: Submission of the internship report/bachelor thesis Dear Sir: It is my pleasure to submit the Internship Report on “Analysis on Foreign Exchange Operation of Islamic Bank Bangladesh Ltd.” as approved by my internal supervisor, Mr. Md. Tarikul Islam and my external supervisor, Md. Hedayet Ullah, Course coordinator of Internship Program of IBBL. I expect your kind acceptance of the report my report. Thank you for giving me the opportunity to do such type of work. I tried my best to make it understandable, relevant and reliable. I also expect your cordial suggestions that will be a positive feedback for me to make better in future. Sincerely yours, MD. Wasiul Islam Exam ID: 100214 BBA Program, Session: 2009-10 Acknowledgement First of all I would like to thank the Almighty who gave me patience. In preparing this internship report...

Words: 10400 - Pages: 42

Premium Essay

A Study on Investment Management Activities of Islami Bank Bangladesh Ltd

...ACTIVITIES OF ISLAMI BANK BANGLADESH LIMITED PREFACE Bank is a part and parcel of the modern economy of any country. Like any other countries in the world banks play the most crucial role not in the economic but also the social, political environment in Bangladesh. Even it is wise to say that the financial sector of Bangladesh is solely dominated by the banking sector, because the non bank financial sector of Bangladesh is yet to develop to desired level, although it is growing very rapidly. The invention of banking based on Islamic shariah is a relatively new concept in the global banking arena. Now a day the Islamic Shariah based banks are not operating only in the Muslim countries but also in non Muslim countries with the same level of faith and efficiencies parallel to the conventional interest based banks. Even in some cases some of the Islamic Shariah based banks has exceeded their competing traditional banks in terms of service quality and some other key financial indicators. In Bangladesh Muslim constitutes more than 80% of her total population. These people possess strong faith on Allah and they want to lead their lives as per the instructions given in the holy Quran and Sunnah; the way shown by the prophet Hazrat Muhammad (Sm). But no Islamic banking system was developed here up to 1983. The Traditional banking sector was fully based on interest. This is why most of our religious Muslim people Ire reluctant to......

Words: 48877 - Pages: 196

Premium Essay

Overall Banking Activities of Exim Bank Ltd., Bangladesh

...Export Import Bank of Bangladesh Limited” PREPARED FOR Shah Md. Abdul Bari Sr. Vice President Human Resources Division [pic] PREPARED BY Md. Mahmud Hossain Khan ID No. MBA 03007833 [pic] Submission Date – Letter of Transmittal Date: To Ms. Farhana Diba Lecturer Department of Business Administration Stamford University, Bangladesh Subject: Submission of Internship Report. Dear Sir, It is my great pleasure to submit internship report on the project titled “Overall Banking Activities of Export Import Bank Ltd.”. I have tried my level best in order to analyze this topic based on all the recent updated information as much as possible. I have gathered a lot of practical experience about the activities from Banking Services, during my internship period. It was interesting to gather some knowledge about the Banking Sector in Bangladesh. I have tried my level best to make this report an outstanding one. But still there might be some shortcomings regarding this report. I will whole heatedly welcome any suggestion to improve this report. I hope all of you will forgive flaws. Sincerely Yours, Md. Mahmud Hossain Khan ID No. MBA 03007833 Stamford University of Bangladesh CERTIFICATE This is to certify that the internship on EXIM Bank Limited titled “Overall Banking Activities of Export Import Bank” has......

Words: 13176 - Pages: 53

Premium Essay

Marcantile Bank Ltd, Bangladesh

...MERCANTILE BANK LTD Snapshot of MERCANTILE BANK LTD (MERBNK) OPEN$406.00 | | PREVIOUS CLOSE$405.00 | DAY HIGH$407.75 | | DAY LOW$403.00 | 52 WEEK HIGH02/7/10 - $490.98 | | 52 WEEK LOW09/3/09 - $222.95 | MARKET CAP-- | | AVERAGE VOLUME 10 D394.8K | EPS TTM-- | | SHARES OUTSTANDING0.0 | MERBNK Does Not Pay Dividends | | P/E TTM-- | K = Thousands  M = Millions  B = Billions | MERBNK:BD Historical Stock Quote MERBNK:BD Advanced Stock Chart MERBNK Details Mercantile Bank Limited provides various commercial banking services in Bangladesh. The company provides a range of services, including accepting deposits, making loans, discounting bills, and conducting money transfer and foreign exchange transactions, as well as performing other related services, such as safe keeping, collections, issuing guarantees, acceptances, and letters of credit. Its deposit products include double benefit deposit, family maintenance deposit, monthly savings, quarterly benefit deposit, special savings, advance benefit deposit, and pension and family support schemes. The company also offers consumers credit, doctor’s credit, car loan, and rural development schemes, as well as provides lease financing, personal loans, and small loans. In addition, it offers online services; and debit and credit card facilities. As of December 31, 2008, the company operated 42 branches and 3 small and medium enterprise service centers in Bangladesh. Mercantile Bank Limited was founded in 1999......

Words: 697 - Pages: 3

Premium Essay

Hr Activities of Brac Bank Ltd.

...INTERNSHIP REPORT ON HUMAN RESOURCES DIVISION OF BRAC BANK LIMITED Prepared for: Farhana Nur Malik Lecturer BRAC Business School BRAC University Prepared by: Shaba Mumtahena 05304010 Date of submission: September 23, 2010 BRAC University Letter Of Transmittal September 23, 2010 Farhana Nur Malik Lecturer BRAC Business School BRAC University Mohakhali, Dhaka. Subject: Submission of Internship Report. Dear Madam, This is my pleasure to present my internship report entitled “Internship Report On Human Resource Division of BRAC Bank Limited.” I have conducted my internship program in BRAC Bank Limited, Head Office, 1 Gulshan Avenue, Gulshan-1, Dhaka – 1212, under your close supervision. I believe that knowledge and experience I gathered during the internship period will be helpful in my future professional life. I will be grateful to you if you accept the report. I will be available for defense on this report any time. Your support in this regard will be highly appreciated. Thanking you. Sincerely yours’ ____________ Shaba Mumtahena ID – 05304010 Acknowledgement Completion of this report has made me grateful to a number of persons. First of all I would like to acknowledge my supervisor and teacher Farhana Nur Malik not only for giving the opportunity to prepare the report but also for providing me the opportunity to improve the report by extending the submission deadline on this semester. She was also available when I needed......

Words: 17315 - Pages: 70

Premium Essay

Hr Practice of Unilever Bangladesh Ltd.

...HR Practices of Unilever Bangladesh  Recruitment and selection  Training and development  Performance management  Labor relation  Employee relation  Incentives and bonus 3.4 Recruitment and Selection Process Recruiting is the process of searching the potential job candidates in order to fill up the vacant position of the organization and selection is the process of choosing the best candidate among the available candidates. The candidates who are successfully perform the job. Unilever Bangladesh follows both the internal and external sources of recruitment. In case of internal source they mainly follow – promotion, transfer and job rotation and in case of external source they follow – advertisement, campus recruitment and other organizations. In case of recruitment and selection Unilever Bangladesh considers the following process: Need assessment Unilever Bangladesh take need assessment to identify in which sector, it is needed to recruit the employee for achieving their target and goals. In their assessment they have to realize that they need human resource (HR) in the following situation- vacancy in existing post(s), market expansion, increase in production capacity, launching new product, introducing new system. Checking the recruiting options Internal Current employees are a major source of recruits the employees. Internal source are included- promotion, transfer, job rotations. External When job opening can not be filled......

Words: 291 - Pages: 2

Premium Essay

Pubali Bank Ltd & First Security Islami Bank Ltd

...Objectives | To have a career in a reputed & leading multinational organization to build myself as a competent corporate executive & enjoy the best working atmosphere in a positive & professional way by giving my best output to achieve their goals & seeking a position in a challenging and highly competitive working environment. | Identity Name | Parents | Nationality | Date of Birth | Marital Status | Age | Height | Blood Group | National ID No. | | Md. KhalekuzzamanMd. Pasural Haq & Monwara BegumBangladeshi by Birth20th August 1989SingleSix Foot Seven inch O Positive9410884620917 | Scholastic Record 2011 | | 2007 | | 2005 | Experience | BBA in Finance CGPA-3.20 Bangladesh University, Dhaka 1207.Higher Secondary Certificate (H.S.C.), GPA 3.20 on a scale of 5.00Samiruddin Smrity College, Baliadangi, Thakurgaon.Board of Intermediate and Secondary Education, Rajshahi. Secondary School Certificate (S.S.C.), GPA 2.75 on a scale of 5.00Lahiry Multi Lateral High School, Baliadangi, Thakurgaon.Board of Intermediate and Secondary Education, Rajshahi.I have continued internship in your Tongi College Gate Branch. | Languages English | Bangla | | Fluent in Reading, Writing and Speaking in English.Mother Tongue, Good at Bengal Literature and Composition. | Computer Skills Office Package & others | | Have working experience on Windows XP Professional, Windows VISTA, Windows 7,......

Words: 410 - Pages: 2

Premium Essay

Hrm Practice in Islami Bank

...Financial Institution in Bangladesh known as Islami Bank Bangladesh Limited (IBBL). The aim of the study was to see how Islamic banking activities differ from a conventional bank and also to see how Islamic banks may contribute to render financial services towards small and rural sector. By discussing various aspects of the IBBL, it is shown in detail how interest-free bank functions besides many established conventional banks in the country. Although conventional banks are rendering financial services in Bangladesh for a long period still, the innovation of interest-free banking systems, proved its worth in the country’s money market, since IBBL started rendering banking services without any interest in the nation’s financial market in recent years. The article mainly consists of two sections. In the first section, an introduction of Islamic banking systems and various financing modes or techniques used by Islamic banks, are discussed. The second section includes a short history of the Islami Bank Bangladesh Limited (IBBL) along with an empirical based detailed accounts of its financial activities in the country since the introduction of this financial institution in the financial system of Bangladesh. Introduction The introduction of interest-free and equity-based financing by the Islamic banking system is based on the principles of Islamic economics. The aim of Islamic economics, as observed by Molla et.al. (1988), is not only the elimination of interest......

Words: 573 - Pages: 3

Premium Essay

Islami Bank

...[pic] [pic] Bangladesh is one of the largest Muslim countries of the world. The people of this country are deeply committed to Islamic way of Life as it is mentioned in Quran and Sunnah. But it is not possible for the people to establish and design their economic lives in accordance with Shariah. The very objective of Shariah is to promote the welfare of the people that lies in safeguarding their faith, their life, their posterity and their wealth. In this regard to establish a banking world that run according to Shariah, the concept of Islamic Banking Arise. Its establishment in Bangladesh on 13th March 1983, named Islami Bank Bangladesh Limited (IBBL). The definition of Islamic Bank, as approved by the General Secretariat of the OIC- “An Islamic Bank is a Financial Institution whose statutes, rules and procedures expressly state its commitment to the principles of Islamic Shariah and to the banning of the receipt and payment of interest on any of its operation.” This paper is an attempt to evaluate the Different Modes Investment of Islamic Bank Bangladesh Ltd. (IBBL) in terms of productivity and effectiveness. [pic] There are mainly two objectives behind the preparation of this report such as primary objectives and secondary objectives. These are discussed as under: The initial Objective: The initial objective of preparing this report is to fulfill the partial requirements of the BBA program and to represent the ‘General Banking System’, ‘Investment......

Words: 21408 - Pages: 86

Free Essay

Foreign Exchange Activities of Exim Bank of Bangladesh Ltd.

...banking organizations are looking for better service opportunities to provide their fellow clients. As a result, it has become essential for every person to have some idea on the bank and banking procedure. Internship program is essential for every student, especially for the students of Business Administration, which helps them to known the real life situation. 1.1 Background of the Report: This report was being assigned as a part of the BBA Program. To prepare the report under the BBA program requirement, I accommodate my internship program in the EXIM Bank Limited. For the completion of the program, I have already prepared a report. This report is being formed on the most important issue “Foreign Exchange performance of EXIM Bank Limited”. The entire report is based on practical experience of EXIM Bank Limited. I have tried to furnish all the issue that I gathered from through working with EXIM Bank limited. 1.2 Objective of the Report: The objective of the report are mentioned according to the priority- 1. The most significant objective of preparing and submitting this report is to completion of the BBA program. 2. To gain practical experience in the job field is another most important objective. 3. To have a clear idea about the foreign exchange performance of EXIM Bank Limited is also required. 1.3 Scope of the Report: This report provides a brief idea about the banking functions, management, organizational structure, foreign exchange......

Words: 14654 - Pages: 59

Premium Essay

General Banking Operations of Islami Bank

... The major features of this account are as follows: The depositor can deposit any amount in this account and the bank receives moneyfrom the clients for safe-custody with the condition to return the money on demand. The depositor can withdraw any amount at any time through cheque or any other acceptable means retaining the minimum balance in the account. As the depositors do not take the risk of losses with Al-Wadeah account they are notentitled to any profit from use of their deposits by the investors. Cheques, bills etc. may be collected in this account. Govt. excise and incidental charges for safe keeping of the depositors’ money or for services rendered to them can be realized from the account as per rule. Mudaraba Savings Account The major features of this account are as follows: This account may be opened in single or joint name of the person (s) or anyorganization acceptable to the Bank. The accountholders are generally allowed to deposit several times as they require butin case of withdrawal of money there are some restrictions as per rules and practicesof the commercial banks. The Bank is authorized to invest the Mudaraba funds at the risk of the depositors. The Bank will arrange proper deployment of funds without any intervention of thedepositors. Total profit resulting from such investment will be distributed between the Bank andthe depositors as per agreed ratio. If any loss is incurred, it is to be borne by the depositors. However, in......

Words: 9686 - Pages: 39

Premium Essay

Hr Practice of Brac Bank Bangladesh

...business. So the HR practice in an organization becomes a major fact to the modern world. The world is tremendously competitive now. In every sphere of life and business, competition has become more and more furious. Every firm tries to obtain and retain efficient employees to meet the new challenges. So, attracting, obtaining, retaining and maintaining the best employees have become much more important, rather than other factors in order to meet the corporate goal with the fulfillment of the current challenges. The course under BBA program designed with an excellent combination of theoretical and practical aspects, while studying the BBA program, consisting of theoretical exposure, the students are required to obtain different types of experiences gathered from different organizations, field work, and the presentation based on them. We have tried our best to use this opportunity to enrich my knowledge on banking system and also incorporate my knowledge, which I have learned from my classes. 1.2 Background of the study Practical Knowledge has no alternative especially for BBA student. We worked as an Intern in The BRAC Bank Ltd, HR Division. After doing the study, we have to make a Report. The report covers “HR practice of BRAC Bank Limited”. This report gives a narrative overview of the overall HR practice of BRAC Bank Limited. This report explains the nature and objective of the Human Resource Division as well as its functioning. As a fully commercial bank,......

Words: 10254 - Pages: 42