Chapter: 1 Introduction 1. Background of the report After completion of MBA program students have to do internship in an organization for the fulfillment of the Degree. Internship program gives an opportunity of learning the real working dynamics and applied knowledge of Business Administration. I complete my M.B.A program from department of Management Studies, University of Chittagong. To complete the academic requirement I did my internship at HR department of Royal Capital Limited. My internship topic was “functions & responsibilities of HR and Admin department of Royal Capital Limited. This report is prepared to focus on the functions and responsibilities of HR and Admin department of Royal Capital Limited. …show more content…
My internship topic was “functions & responsibilities of HR & Admin department of Royal Capital Limited”. My organization supervisor helps me to closely work with the functions and responsibilities perform by them to successful continuation of a company in the competitive business environment. Chapter: 2 Company Overview 2.1 Royal Capital limited Royal Capital Limited is a leading equity brokerage house in the country. It has diverse clientele of institutions, high net worth individuals, foreign funds and retail investors which help to success in the market. Royal Capital Limited was established in 1995 and over time become one of the largest stock broking companies in the country. Side by side it has also dealership licences. It’s a member of Dhaka and Chittagong Stock Exchange. Its authorized capital is TK 150 million; paid-up capital is TK 65 million. There are 12 offices and branches of Royal Capital Limited situated in Dhaka, Chittagong, Feni, Jessore, Bogra and Khulna. Its corporate head office is located in Chittagong. Its number of employees is 110. The number of Beneficiary Owner Account holders is 37,112. Its daily average turnover is US $ 1.7 million. The market share of Royal Capital Limited is 1.20%. Royal Capital Limited is a depository participant of Central Depository Bangladesh Limited. Mr. A. Q. I Chowdhury, OBE is the chairman of the company, a
I had set some goals for my internship- to earn experience from it, to earn 3 credits from it, to learn to work in the team, to gain confidence, and gain valuable understanding of the accounting field and will be able to better grasp the things how my coursework is preparing me to enter my chosen career and to strengthen my CV.
Indicative Content: Understand key contemporary business issues affecting the HR function within private, public and third sector organisations. Types of organisation; the role of management within them; ways in which HR is delivered; the main functional areas of management; the search for sustained organisational performance, business
Internship is a period of work experience offered by an employer to give people (usually college students and graduates) exposure to the working environment. It gives them an opportunity to get first-hand experience. The growing need for practical learning led to the emergence of internship. It helps to bridge the gap between theoretical knowledge and hands-on experience. Internships in any form- paid, unpaid or co-operative learning has now become a standard practice for college students. It has
The capital position of the Licensee is satisfactory. As of December 31, 2016, the Licensee reported $1,299,047,000 in capital in relation to total assets of $5,008,274,000. This reflects a capital to asset ratio of 25.94%. The reported Member’s Equity increased by $ 253,404,000 from
Further to the recent organisation re-structure forecasting the closure of the HR department, the following report has been created to highlight the importance of the HR activities and the support it offers within the organisation.
HR Function has evolved from a traditional people management foyer to a value added consulting service provider that accelerates improvement and development in all facets of operations. In order to fully capsize functionality of HR in organizational structure, HR capabilities should be aligned with organizational strategies designed to achieve set targets. This requires introducing meticulous changes in current HR Policies and revamping the structure and procedures to reinstate the roles and responsibilities of HR function to emerge from being compliance and administrative focussed to a decisive role that fosters partnership with Management team/Executive council. Once HR Policies are established it will be critical to measure, monitor
My degree path has prepared me for this internship. As a business marketing major I have knowledge of many key business concepts as they have been taught to me by one of the top universities in the country.
Timothy Armour sits at the helm of Capital Group Companies, Inc as the Chairman and CEO as well as the Director, Chairman and Principal Executive Officer at Capital Research and Management Company. According to BKSrategic.com, Capital Group was established in 1931 in Los Angeles, California. The multinational entity operates offices in different continents including Americas, Europe, Africa and Asia. The firm’s solid investments portfolio coupled by the input of a solid management team and workforce has seen the firm grow into one of the largest investment management firms in the world with about $1.4 trillion assets under its management.
In addition, two ways are used to determine cost of capital, which are CAPM and WACC. In CAPM model, risk-free rate, risk premium rate and βare assumed separately 4.5%, 6.5% and 1.1. It is not easy to determine βbecause it changes every day. Assuming 1.1 forβmeans the fluctuation of Myer share price is a little stronger than the market but not too much . Therefore, cost of capital (Re) is calculated by the formula and equals to 11.65%. This Re is used in DDM and DAE. In WACC model, because Re is 11.65%, Rf is calculated by formula and equals to 11.43%. This Rf is used in DAOE and DCF.
1. At the start of the 21st century, RBC was Canada’s leading bank and largest bank in terms of assets and market capitalization. It was a full-service bank with five main lines of business: personal and commercial banking, insurance, wealth management, corporate / investment banking, and transaction processing. The commercial bank of RBC (Royal Bank) accounted for nearly 50% of the company’s net income and had an extensive delivery network with branches, Automated Banking Machines (ABM’s), point of sale terminals, mobile sales staff, and 1.4 million online banking customers and 2 million phone customers. The bank also had an extremely strong international network.
4-The cost of capital obtained for Jersey is 20.17% and the cost of capital for Prince is 22.84%. All the computations elaborated in order to answer this question can be seen on Appendix 1 and 2.
The Royal Bank of Canada was founded in 1869; Royal Bank was Canada’s largest financial institution with assets of Canadian$245 billion in September 1997. Royal bank was ranked first or second among Canadian financial institutions in earnings, market capitalization, and in virtually every financial service it delivered. The bank had 10 million personnel, businesses, government, and financial institution clients that were serviced through one of the world’s largest delivery networks. This network included more than 1,600 branches and over 4,000 automated banking machines. In Canada it was selected as number one among all companies regardless of industry in the categories of “Leader in Investment Value,” “Leader in Responsibility” (which measured equality and charity), and “Leader in Financial Performance.” Royal Bank operates to date in over 30 countries and has over 100 delivery units. The bank was strongly represented in the major international financial centers of the world, including New York, London, Frankfurt, Tokyo, Hong Kong, and Singapore. Royal Bank was located through Latin America and Europe. Business clients were offered services in corporate banking, trade financing, treasury services, and
The purpose of the report is to understand the capital structure of the chosen company on the basis of the financial statements of the company which includes the income statement, balance sheet and the cash flow statement of the company and do the capital analysis of the company as well to find out the advantages and disadvantages in working capital of the company and suggest company logical and useful ways for growing their economy.
The role of the human resources (HR) department can play a significant role in the success and achievements of an organization. The department, which has evolved from the
Capital structure is defined as the mix of the long-term sources of funds that a firm use. It is composed of equity, debt securities and affect long-term financing of the entity. It is made up by shareholder’s funds, long-term debt and preference share capital. The capital structure mostly focus on the proportions of debt and equity displayed in the company financial statements, especially in the balance sheet (Myers, 2001). The value of a firm can be calculated by the sum of the value of its firm’s debt and equity.