UAS Summer Training Report PDF
UAS Summer Training Report PDF
Session 2017-2020
MANVIBABBAR400@GMAILCOM
8178304985
We are pleased to confirm that Manvi Babbar from DELHI SCHOOL OF PROFESSIONAL STUDIES AND RESEARCH
has successfully completed his Summer Internship with Project Title ' WEALTH MANAGEMENT SECTOR ' from 15 Jul,
2023 to 15 Sep,2023.
Location for Summer Internship: (Delhi)
Score card on the basis of his performance during the Summer Internship: 40%.
Best Wishes
(Authorized Signatory
)
Mr. Ishan Taneja
Group MD/ CEO
Declaration
I take this opportunity to express my profound gratitude and deep regards to my guide Ms. Ankita
Gulia for his exemplary guidance, monitoring and constant encouragement throughout the course
of this project. The blessing, help and guidance given by (him/ her) time to time shall carry me a
long way in the journey of life on which I am about to embark.
Last but not least, my sincere thanks to my parents and friends for their wholehearted support and
encouragement.
I also hereby declare that the project work entitled “project title” under the guidance of
“supervisor’s name” is my original work and it has not been submitted earlier in any other
university or institution.
Manvi Babbar
BBA 5C
CERTIFICATE
This is to certify that the project titled “(Hiring Process of UAS International & Sales Of the
Company)” is an academic work done by (Ms. Manvi Babbar) submitted in the partial
fulfillment of the requirements for the award of degree of Bachelor of Commerce (Hons.)at
Delhi School of Professional Studies and Research, New Delhi under my guidance and direction.
(Ms. Manvi babbar) has given an undertaking that the information presented in the project has
not been submitted earlier.
Ankita Gulia
4.1 RECOMMENDATIONS
4.2 CONCLUSIONS
BIBLOGRAPHY
ANNEXURES
QUESTIONNAIRE
CHAPTER-1
INTRODUCTION
UAS International is a wealth management and Training & Development Company. Keeping in
mind the most critical needs in today context, it has emerged as a service partner providing the
clients a one stop solution offering a gamut of services – Training & development,
International & National Internship, International & National Placement & Student exchange
program abroad. The company is based on the principles of delivering high returns to their
clients through their network of government sector banks like Punjab National Bank, Bank Of
Baroda, Andhra Bank, Bank Of Karnataka, etc.
The company has trained 52000 and above interns till date and has tie ups with 26 universities in
India and 80 universities abroad.
The client base is spread across, BFSI Sector and Telecom but has a large client base in BFSI.
Banking, Financial services and Insurance (BFSI) is an industry term for companies that provide
a range of such financial products/services such as universal banks. BFSI usually comprises
commercial banks, insurance companies, non – banking financial companies, cooperatives,
pension funds, mutual funds and other smaller financial entities. The key challenge in the
BFSI sector is Insurance. The insurance industry of India consists of 53 insurance
companies of which 24 are in life insurance business and 29 are non – life insurers. Among
the life insurers, Life Insurance Corporation (LIC) is the sole public sector company. Apart
from that, among the non – life insurers there are six public sector insurers. In addition to
these, there is sole national re – insurer, namely, General Insurance Corporation of India.
The company features the product of India First Life Insurance Company ( a joint venture of
Bank Of Baroda, Andhra Bank and Legal & General) i.e. Mahajeevan Plan
( Endowment Plan). The company helps the clients to make efficient investment decisions
which he has invested in different sectors to earn high returns and also save taxes.
Marketing :
Marketing can be defined as "the activity, set of institutions, and processes for creating, communicating,
delivering, and exchanging offerings that have value for customers, clients, partners, and society at large."
Sales is a part under marketing which focuses on the intense communication between the company's product
and the target audience.
Recruitment and selection are two of the most important functions of personnel management.
Recruitment is a process to discover the sources of manpower to meet the requirement of the
staffing schedule and to employ effective measures for attracting that manpower in adequate
numbers to facilitate effective selection of efficient personnel.
Every organisation needs to look after recruitment and selection in the initial period and thereafter
as and when additional manpower is required due to expansion and development of business
activities. Right person for the right job is the basic principle in recruitment and selection.
OBJECTIVES OF THE STUDY
The classic line part of premises such as that strategic marketing is associated to
processes (Druker, 1973, Bradley 1991) relative to the planning and the execution
of the plans looking for, as a primary target, satisfying the needs of the individuals
and the organizations clients (Bennet 1995). Strategic marketing has direct
This type of thought is clearly focused to converge in a base of subjects such as:
The objectives: Most of definitions contain this term. Sometimes they use the
similar or substitute terms like “future”, “goal”, “path”, “intentions” or “evolution”.
Strategic Marketing includes a high interest to know which the future will be,
although it leaves from a base of logical uncertainty. It is
impossible to control all the elements and variables that influence in the discipline.
It seems that the authors and the discipline is more comfortable determining or
visualizing the road mentally toward which the company must go in a long term. So,
we can determine that objectives and goals are key factors in Strategic Marketing.
(Aaker & A., 2004; Cravens & W., 2000; Kotler et al., 1987; Lambin & Jean-
Jacques, 1993; Wilson, S., Gilligan, & Colin, 1997)
The profitability
This it is an element which crowns the previously mentioned objectives, as well as
the use of Strategic Analysis Techniques. The profitability, which is a purpose of
the company (Ansoff 1985) appears in a systematic way in the the definitions. It is
important to mention that from a Strategic Marketing point of view, the
profitability not only has to be kept in mind but rather also other such factors as the
market share, stability, the company, the coherence of the products etc. should be
kept in mind. The profitability will show if strategic plans of marketing are aligned
with the financial policies of the company.
Analysis.
The analyzing activity seems also important in the the definitions of Strategic
Marketing. (Boyd et al., 1998; Walker & C., 2003). It is vital as a first step be able
to read, to evaluate, to gather data, to generate systems of information of marketing
intelligence, which allow the marketing manager to decide the markets and the most
attractive products for the company in the future. Without a good analysis of the
marketing plan it doesn't exist the Strategic Marketing Plan Sturdiness(Lambin &
Jean-Jacques, 2000), and then is not easy to build on it. The robustness of the
Strategic Marketing Plans is determined by seven following aspects wich are: the
opportunity, the validity, the feasibility, the coherence, the vulnerability, the
flexibility, and the profitability. (Day 1986).
In everyday life human being has to face many problems viz. social, economical, financial
problems. These problems in life call for acceptable and effective solutions and for this purpose,
research is required and methodology applied for the solutions can be found out.
Research was carried out at WIPRO. Ltd to find out the “Recruitment and selection process”.
DATA COLLECTION:
Primary Data:
Primary data was collected through survey method by distributing questionnaires toBranch
manager and other sales manager. The questionnaires were carefully designed by taking into
account the parameters of my study.
Secondary Data:
Data was collected from books, magazines, web sites, going through the records of the
organization, etc. It is the data which has been collected by individual or someone else for the
purpose of other than those of our particular research study. Orin other words we can say that
secondary data is the data used previously for the analysis and the results are undertaken for the
next process.
LITMITATION OF STUDY
Although it was very exciting to work on all the three projects since they made me to step out
of my comfort zone and gave me a real hands on experience of the corporate world but I faced
certain difficulties and was limited to my area of research . These were:
Some clients were not aware about the Insurance Company.
Some respondents were not aware of the information asked in the questionnaire so could
not fill the questionnaire appropriately.
Some clients did not share their true investment information due to their conservative
mentality.
Some clients were in a hurry ,so they took the filling up of questionnaire very lightly
and just filled out random information .
Many Interns did not share their true thoughts due to the fear of losing marks during this
internship and creating negative image in the company.
The time span to complete the projects was limited so one to one interaction with every
intern was not possible.
CHAPTER-2
Keeping in mind the most critical needs in today context, we have emerged as a service partner
providing our clients a one stop solution offering a gamut of services - Training &development,
International & National Internship, International & National Placement & Student exchange
program abroad. More over we are India's 1st Organization to launch a customer care for the
students for the mentioned services Training &development, International & National Internship,
International & National Placement & Student exchange program abroad. Thus, our mission is to
establish high standards of professional etiquette and to effectively facilitate a comprehensive
and accomplished system of continuing professional development for every possible profession
through our exceptional training solutions.
An ability to build, develop and nurture brands and enable them to achieve leadership position
in the key markets. Deft in coordinating sales territories, quotas and goals and establishing
training programs. Adept in analyzing sales statistics gathered by staff for determining sales
potential and inventory requirement and monitoring the preference of the customers.
High energy, results-oriented leader recognized for proactive initiative and enthusiastically
meeting deadlines. Experience in all aspects of sales cycle and management: lead generation,
customer needs assessment, presentations, negotiations, staff management & training. Keen
ability to inspire and motivate employees via fruitful relationship building skills. Diligent and fair
leadership that secures profitability.
We understand the multiple needs of business world and recognize that there is a gap in what
enterprises expect and what people perform. We can meet the needs from a single source, with
the facilities, resources and learning expertise to fully achieve the desired goals. For the purpose,
UAS International has come up with a unique International Internship Program, International Live
Projects, Various Training Programs on Personality Development/Career Management/How to
get a desirable Job etc & 3 days Workshops on how to choose career options to train and develop
the knowledge and resource based skills in the candidates to fill the void of the business
environment. This is not all, we also look forward to the successful placements of our Interns
with the top companies of national and international repute.
UAS International (A Unit of United Accrual Services Pvt. Ltd.) is a people training and
development company. Established in 2013, on the principles of developing and delivering high
quality training, the company is able to facilitate various training and development
programs/internships in India and abroad with top B-schools and has trained almost 40000 and
above interns till date. The Services of the company are spread beyond the national boundaries
of India (UK,USA,Dubai,Singapore, Malaysia) etc. Keeping in mind the most critical needs in
today's context, we have emerged as a service partner providing our clients a one stop solution
offering a gamut of services we have emerged as a service partner providing our clients a one
stop solution offering a gamut of services.
UAS International (A Unit of United Accrual Services Pvt. Ltd.) is a people training and
development company. Established in 2013, on the principles of developing and delivering high
quality training, the company is able to facilitate various training and development programs/
internships in India and abroad with top B-schools and has trained almost 40000 and above
interns till date. Liaison with 26 universities in India with the base size of 900 & above campus.
International Liaison with 80 universities in abroad with the base size of 500 & above. Having a
Team of 42 exclusive corporate trainers. The operations of the company are spread beyond the
national boundaries of India.
Keeping in mind the most critical needs in today context, we have emerged as a service partner
providing our clients a one stop solution offering a gamut of services – Training &development,
International & National Internship, International & National Placement & Student exchange
program abroad. More over we are India's 1st Organization to launch a customer care for the
students for the mentioned services Training &development, International & National Internship,
International & National Placement & Student exchange program abroad. Thus, our mission is to
establish high standards of professional etiquette and to effectively facilitate a comprehensive
and accomplished system of continuing professional development for every possible profession
through our exceptional training solutions.
We understand the multiple needs of business world and recognize that there is a gap in what
enterprises expect and what people perform. We can meet the needs from a single source, with
the facilities, resources and learning expertise to fully achieve the desired goals. For the purpose,
UAS International has come up with a unique International Internship Program, International Live
Projects, Various Training Programs on Personality Development/Career Management/How to
get a desirable Job etc & 3 days Workshops on how to choose career options to train and develop
the knowledge and resource based skills in the candidates to fill the void of the business
environment. This is not all, we also look forward to the successful placements of our Interns
with the top companies of national and international repute.
Their Associates
CHAPTER-3
This report highlights the work done during the internship, on the hiring process and sales of the
company. I was involved in three projects of the company .
The company's revenues are generated by selling government products like insurance policies,
loans, etc. My role was to advise and convince a client about most featured product that the
company deals in i.e. Mahajeevan Plan of India First Life Insurance Company. Working on
this project helped me to gain market knowledge, different schemes available, analytical skills
and also asset management of individuals.
Project 2: Understand the overall hiring process (recruitment & selection ) of the company.
UAS International is into the bulk recruitment and selection of the candidates as it is a wealth
management plus training and development company. Right person for the right job’ is the basic
principle in recruitment and selection. Every business organization/unit needs manpower for
carrying different business activities smoothly and efficiently and for this recruitment and
selection of suitable candidates are essential.
To understand the behavior and satisfaction level of interns in the organization ,this survey was
conducted . How the company is able to live up to its promises and values and how an intern
expects key deliverables from the company were studied.
All the projects were very interesting ,required research work ,one to one interaction with the
employees & interns and detailed analysis.
Project 1 : Sales For The Company
Objectives :
Tasks Handled:
So, to generate the revenues, UAS International makes it mandatory for every intern to enter the
sales profile for a good exposure .So for 1 month I was exposed to a sales profile and for the rest
2 months I worked with the HR Department.
For the initial 12 days, induction classes were conducted in which I got:
the overview of the company's profile
overview of the project that all the interns were supposed to be allocated
Learnt about different HR modules like the policies , recruitment process, dos & don'ts in
an interview, CTC break up, designing of salary slip , salary negotiation and different
types of interviews, types of business letters, HRMS demo, Payroll system demo and data
entry in online portals.
Learnt about digital marketing, search engine optimization, social media optimization and
online marketing.
Understood about the taxation like the taxation policies , flow of tax calculations,
fundamentals of various heads of income, income tax act of 1961, 80C,80D ,10 10 D
&different tax slabs in India.
Introduction about the different financial sectors in India, knowledge about BFSI sector,
awareness about Insurance Sector, merits and demerits of each financial sector and career
planning in BFSI sector.
To understand the Mahajeevan Product , matching its capabilities to the market needs ,
positioning and to focus on the maximization of sales for the company.
Concept of Portfolio Management & financial investment.
How to Pitch the product to the client, role plays , lead generations, customer satisfaction
and closing of sales.
After the 12 days of induction, I was sent on field for 15 days to pitch the product and do sales.
In the two week time period , I generated the leads ,met with the clients and tried to close the
deal by convincing a client to buy the product. I was focused to generate the revenues for the
company and maximizing the profits as well. I sold out the policies worth 3.86 lakhs in my
sales period and as a reward for completing my targets , I travelled to Dubai for the corporate
convention with the company on 1st May 2017 for four days.
12. How do you intend to use the earnings received from investment?
Reinvest 20-80%
Reinvest total earnings
13. How much interest rate do you expect from your investment?
4-5%
6-7%
More than 7%
Objectives :
Tasks Handled :
UAS International is into the bulk hiring of interns as it trains & requires interns throughout the
year for selling out the government banking products.
The Hiring process of Interns is different from that of the employees in the company.
The interns are selected on the basis of Telephonic or Personal Interview according to the
number of students applying in a campus. The Telephonic/Personal interview is scheduled on
the basis of the campus drives conducted.
A proper process is followed from contacting the CRCs of the colleges, sending out proposals to
conducting the interviews.
I was supposed to search for different BBA/MBA colleges of Uttarakhand and accordingly
bring interns from this state.
2. Sex:___________________________________________________________________________
__________
3. DOB:_________________________________________________________________________
___________
4. Mobile
no.:___________________________________________________________________________
____
5. Address:_______________________________________________________________________
__________
6. Email
id:____________________________________________________________________________
_____
7. Campus
Name:_________________________________________________________________________
___
8. Roll
no.:___________________________________________________________________________
_______
9. Course:________________________________________________________________________
__________
10. Year:__________________________________________________________________________
__________
11. Father’s
Name:_________________________________________________________________________
___
12. Father’s Profession in
detail:_________________________________________________________________
14. Mother’s
Name:_________________________________________________________________________
__
15. Mother
Profession:_____________________________________________________________________
____
18. Any one from your family belongs to mentioned field: Banking Insurance I T
Automobile
19. Have you ever worked in any of the field: Banking Insurance I T Automobile
20. If you have done any Internship or Live Project, please share the company’s
name:_____________________
UAS International strongly believes in maintaining the long term relations with the interns and
so, most of the potential interns are offered PPO during their internship and are often hired
as employees later. At present , 80 percent of the workforce in the company is comprised of x-
interns.
Such workforce makes it easy for the company and is an add on as well since those employees
are already familiar with the work culture of the company. It also reduces training cost, helps in
building morale and promotes loyalty.
1) Internal
UAS International upgrades from within only for managerial positions, but only to some extent.
Because upgrading from within is considered better as the employee is already familiar with the
organization.
If no one capable for managerial position is found in its internal source, it looks out for external
sources. It selects only the best employee for the organization.
2) External
For the post of Management Trainee , Admin. Officer , Operations officer, etc , the company looks
out for external sources which include
Campus hiring at Management Institutes typically starts in December and continues through
March. The company hires management graduates from all disciplines
SELECTION PROCESS
Application form establishes the candidate's general details like name, address, telephone number,
education, job- related training, work-experience with dates, company names, and job details,
professional or industrial involvement, hobbies and recreational pursuits.
The company establishes as many hypothesis about the candidate from the details provided in the
application form. It then decides what areas of information it needs to explore or investigate more
specifically during the interview.
Company sees to it that no judgment is passed about the candidate based only at this level. What
drawn here is hypothesis and not conclusions.
Application forms are such framed that, they provide the necessary details to the organization
without affecting the sentiments and feelings of the candidate.
3) Aptitude Test
They measure the ability of a person to learn a particular type of work. These tests helps to measure
specialized technical knowledge and problem solving abilities of the candidate.
A mixed interview is carried out for the candidates which consists of the set of structured and
unstructured questions. The structured questions provide a base of interview more conventional
and permit greater insights into the unique differences between applicants.
5) Interview By The MD
Job seekers are invited for the final round of interview after passing the initial stages of
interviews. More in-depth questions are asked to the candidate and the employer expects a greater
level of preparation on the part of the candidates.
6) Background Information
UAS International requests names, addresses, and telephone numbers of references for the purpose
of verifying information and perhaps, gaining additional background information on an applicant.
References are not usually checked until an applicant has successfully reached the fifth stage of a
sequential selection process.
Previous employers are preferable because they are already aware of the applicant's performance.
It is a final step and in this step company makes a very important decision.
After all these processes follow up is done i.e., the selected person is induced and placed at the
right job.
Objectives:
The intern attitude survey is a management tool that managers use to learn about the views and
opinions of their interns on issues pertaining to the company and their role within the
organisation. It is both a methodology and a process to help management understand the
different needs of the organisation from the perspective of the interns. It is done by filling out
online questionnaires or conducting interviews. They may be undertaken regularly to measure
intern morale and identify new areas that need resolution so that they can be included in the next
planning activity if good enough.
The survey really helps to disclose how an intern actually feel towards company and reveals the
causes of several problems like conflicts and disputes , high absenteeism , fast dropout and low
satisfaction.
The survey results helps management to determine the steps necessary to address those issues ,
improve morale and increase productivity.
Yes
No
15) How would you rate your overall satisfaction with the company in the past month ?
Very Dissatisfied
Dissatisfied
Neutral
Satisfied
Highly Satisfied
CHAPTER-4
CONCLUSION
According to my analysis UAS Internationals Ltd, should written test as a source of recruitment.
Company mainly focuses on interview as a sources of hiring which has its own limitations. By
focusing on interview as sources of hiring company can attract qualified personnel for vacant
jobs in the organization at very less cost. It can facilitate the infusion of fresh blood with new
ideas in to the enterprise at less cost. This will improve the overall working of the enterprise.
For the selection of the candidate for a vacancy company should first conduct written test and
on the basis of the result of the test score interview should be scheduled for the selected
candidate.
According to the analysis company should evaluate the candidates on all the factors
(experience, qualification and family background) however greater importance should be given
to the experience and then qualification should be considered.
Company should include physical examination in the selection process. After the result of this
question THE COMPANY HAS DECIDED TO INCLUDE PHYSICAL examination in the
selection process and are now getting in touch with various hospitals to enter into a contract
with them.
Certain changes should be made in Recruitment and Selection process of UAS Internationals,
such as new sources of recruitment should be entertained, written examinations should be
included in selection process and physical examination should be considered as a part of
Selection Process.
RECOMMENDATIONS
My study of the hiring process at UAS Internationals generated the following findings:
The recruitment process at UAS Internationals is in line with the recruitment policy of the
company. The entire process works exactly as it should according to the policy.
The recruitment process i.e. the activity of generating the pool of perspective employees, is
similar for all entry – level positions. However the selection process is unique for every
position. The recruitment process at UAS Internationals is shown in above flowchart.
The human resources department maintains the blanket count of personal in each department
and is responsible for filling up vacant positions in all departments throughout the organization.
The recruitment and selection activity is centralized and is conducted by the human resources
department at UAS Internationals head office.
Different sources of recruitment for every position has been tried and tested over the years at
UAS Internationals and at present every position has one unique source of recruitment, which
is always resorted to.
Walk-ins are always used as a source of recruitment for junior level. UAS has earned a good
name for itself in the entire country and hence huge pool of candidates is created through this
source. However the hiring/applicants ratio is very low. This is because a lot of unsuitable
candidates also show up for interview. This leads to wastage of time and effort.
UAS can improve its recruitment and selection process with the advices mention below and
can increase the sources of recruitment for selecting the right pool of candidates.
Employment Cycle
Recruitment
Analysis carried out to see if the job has changed or it still needed
Phase
_________________________________________________________
Short listing
Selection
Interviews
Phase
Appointment offered
Induction
Employment
Phase
Training, development & appraisal
______________________________________________________________
Phase
BIBLIOGRAPHY
BOOKS:
INTERNET SOURCES:
wikipedia.com
kumc.edu.com
hr.uchicago.com
vishalmegamart.net.com