Set priorities and agree aims, objectives and targets for the management report.
Aims: – My main aim is to increase my knowledge about how to analyse the company’s balance sheet for the investment purpose and manage people’s money for the purposes of increasing their wealth and be part of a portfolio management team.
1. Learn to Work for the Team’s Benefit.
2. Improve my financial knowledge in the company.
3. Improve communications skills.
4. Improve my interpersonal and problem skills and research skills.
5. To increase the client base
1. Complete all the tasks as per the deadline given by the firm.
2. Ensure that I achieve my target that is 10% increase in client base.
3. To improve my problem and research and analytical thinking skills while doing my internship.
4. And also gain lot of knowledge in financial planning field.
An attachment of sample job description of VCare Investments Service Pvt. Ltd.
|Explain how the aims, objectives and targets will benefit the organisation and you as a learner?|
Ans As I am a practical learner of life and belief in reality therefore I gain lot of knowledge if I am given real life case. I wanted to gain a lot of knowledge in the finance field so that why joined a financial firm. The Aim will benefit the company in terms of getting highly educated staff recruited which will look after the finance department as well as increase the client base by suggesting clients for investment proposal in the mutual fund scheme. Also a burden of vacancy in the finance depart as Research and Data analyst will be filled also the company will be benefited from having an updated client portfolio report as well as clean and neat books of accounts and simplified audit report of the firm.
Objectives can help the organisation to find out the motivational tools that help staff as a boost because I adopted a good team working skills as well communication skills, which worked perfectly with all the team members and got our bonding more strengthen within each one of us as this benefited the organisation to reach their objectives and targets. Often my manager used to asked for my suggestions regarding increasing in the clients base or even Research report for initiating investment proposal for which I use to research for various areas solutions for the problems given to me which the management to solve their problem, though my suggestion were not taken for approval at times. Therefore the firm is benefited with less pressure of work. The work problems of the department was cut to a great extend because of my suggested methods for problem solving, therefore the organization definitely benefited
Targets: – I adopted time management skills during the internship, it helped the organisation to reach their personal objectives and adopt new targets which may lead to the firm’s growth in the service sector. Also by having a personal target 10%+ in client base the company would be benefited in the terms of having larger customer base and providing them with best available services in order to help the company for the future growth as well as client portfolio growth.
Monitor and evaluate progress in achieving aims, objectives and targets, using relevant sources of information.
|Gather information to monitor and evaluate progress from a range of sources and assistance?|
The above print screen of the mail shows an appreciation letter from a client who is indeed happy with the personal conversation in investing the money in mutual fund and therefore he would like to have further investment of his capital from our firm. Therefore as the author’s objective is to increase the client base by 10% and also its one of the objectives of the firm to increase the client base.
Thereafter the author has drafted a financial performance of the company after the author has joined the company in the financial year 2010.
During the financial year of 2010, there is an increase of 9.27% in the income of the company compared to the financial year of 2009. Whereas the expenditure of the company has reduced to 6.17% from the FY 2009 and the reason being that is the company has looked over their unwanted expense and therefore have curbed the unwanted expenses in the FY 2010. Though the company had reduced the expenditure, the company was faced with 33% of tax from the profit earned in the business; therefore the business was face higher income tax from the previous year. The profit after adjustments of the company was higher than the previous FY because the greater income incurred in the firm, which saw an increase of 42% in the FY 2010.
Sales data of client will added later as the concerned of authority is busy