I think that internships are the preview of how crucial a professional working environment is going to be. By doing internships one can form their perception and a mindset that how he or she is going to adjust in the professional environment. Also internships are one of the ways to show the employers that one can be a valuable asset for an organization.
I have felt during my six weeks of internship that it has helped me to be vigilant for what awaits in the practical world. I have seen how things are carried out professionally. To be part of a banking environment I have gained quite an insight of how important and crucial banking can be. During the internship I was moved among all departments. This rotation has helped me a lot to form an impression of how to prepare myself to work there if I am given an opportunity to a part of them.
Also Internships give one sort of a guide line whether to set an organization as a career path or not. By doing this internship I have formed my opinion that I can choose banking as a prospective career. I can now stream line my intentions and efforts to be a part of a professional banking environment.
Internships Are also away to self analyze one’s true potential and level of efforts one can exert to work professionally. After spending six weeks in the internship, I think that I can opt banking and I hope that I can also apply for the banking field. So self evaluation for my career has been achieved by doing these six weeks internship.
Concluding the matters I hope that internships are quite grave in pointing out areas of interests, areas of specialization and plucking ones true potential out for a job. I sincerely hope that now my efforts will be more streamlined, organized and put together to apply for the banking field and later in my career it can be beneficial to prepare myself for what awaits in the professional and practical world.
Recommendations
After passing the time in the bank I have felt that one of the biggest weak points of Soneri bank is its software called sonaware.net. It is because this software is newer version of the old software called Sonaware. After implementation of this software there is often a break down resulting because of the break in link. This breakage of link sort of paralyses the entire working making long pauses in the accounts department, remittance department and so on.
Also there is a problem in the ATM network of the bank. During my internship I have seen many times the broken down ATMs. Obviously it turns the customers away.
So in response to above stated problems and to some other restraints following are some recommendation.
• Improvement of the Software: - As it has been mentioned many times before that in this digital age software and I.T are becoming more important for day to day activities. So if a more comprehensive and dynamic software is adopted it will surely help to grasp the attention of quality seeking customers.
• Up gradation of the ATM network: - It is evident that ATM’s are the most crucial and dynamic form of modern banking and now a days, a bank without offering the facility of ATM is not going to stand in the stiff competition. So Soneri bank needs to cater the needs of the customers and the ATM network needs to be improved.
• Increase in the number of branches both in rural and urban areas to cater the needs of ever increasing no of potential clients: - More branches need to be opened. Obviously suitability and other factors need to be considered but one can never pluck the fruit out if not try for it. So unless more branches are not opened more benefits cannot be obtained.
• Better and effective marketing: - I have felt that Soneri bank is not very much into advertisement of its services and products. In this age of competition and
mass media advertisement it is hard for you to be prominent and distinguished. So unless an effective marketing is not done people will fail to notice an organization even exists.
• Focusing the banking not only to SME but on other potential areas as well: - It will be favorable to extend the circle of services to more areas of serving.
Because mass production ideas also can be applied to the services sector as well.
Conclusion
To summarize the things I would like to say that in a short span of time Soneri bank has been successful in achieving a land mark amongst all private banks of Pakistan. It started its operations in 1992 as public limited company with paid up capital of Rs.300 (M). Now with its focus on the SME sector it has been successful in grabbing attention of a lot of potential customers. Also it is a bank with a lot of promises for new generation who want to choose banking as a career. Performance for the sake of performance is entertained and every individual is given opportunity to ascend to higher levels of their career by taking the test of Soneri bank which if passed is a guarantee to be appointed directly as OG-2 which is a healthy practice for promoting banking. Also with a less crowded management and board of directors there are fewer clashes of interests thus resulting in whole and unified efforts for the betterment of the bank. So in the end I just want to say that Soneri bank is a good place to be a banker and to excel in the banking field with its promising facilities and services to the public.
Glossary
NADRA National Data Base and Registration Authority
DD Demand Draft
SWOT Strengths, Weakness, Opportunity and Threats
PAT Profit after Taxation