Tuesday, May 21, 2013

Tribhuban University Field report in BBS

Background
According to new syllabus designed by faculty of management T.U. under the sectorial area or elective course. I have chosen the subject of “project management” in Nepal which carries 100 marks with theoretical and practical portion. On which theoretical parts obtain 75 marks with 25 marks in practical parts for fulfilling the requirement of practical parts all subject have to prepare a field work report.
I have selected the topic “Total deposit collection system of Nepal Bank Ltd, janakpur”. I have chosen this to know the total deposit collection by the NBL because it is the oldest and popular bank of Nepal which has been serving since 72 years. To provide the loan is known as loan providing system. Today, it is known as portfolio management. In this the bank selects the sector where it’s loan in returned in very short period and gets the maximum profits. Since fiancé is taken as the life blood of any business it is the banks have been started on loan. Loan plays an important role in establishing new business or organization. It helps the businessman, organization or industrialist to develop the business, trade and markets. All these things are formed as economic condition of this area. So I have selected the topic “Total deposit collection system of Nepal Bank Ltd, janakpur”.
The word “BANK “derives from a Latin word “BANCUS” which refer to the bench on which the Banker would keep it money and records. In ancient the 5th century B.S. has practices of various banking function which similar to those of modern banking system in the 7th century revival practices banking took place only toward the beginning of 12th century A.D. the “Bank of Venice” was the first public banking institution establish in 1157A.D. in Venice Italy. After this some other bank were establish but did not survive fir the long time. After that in 1634 banking system? The 20th century is observed in development if various banking

 Institution highly specialization particularly in advance country like USA, UK, GUIF and other.
In Nepal, the origin of commercial of activities can be traded to ancient Nepal. The institution from of commercial banking activities has been performed at the first instance by the established of “Tejarath adda” during 1993. Afterward the establishment of NBL in 1994B.S. was the first modern change in banking of Nepal.
1.2               Purpose of the study:
Every work has any purpose behind one cannot do any progressive work without any purpose. Account to the new course of BBS 3rd year, on the concentration area of accounting group we have to study about the field management. On this study we have to go through the deep study of any one function of an organization what is deep and do work for the welfare of country. The positive and negative factors of it are for social environment. This is very positive step by T.U. to make student practically well known awake of theoretically aspects their main purpose are as follows:
·        To known the types and procedure of loan providing system.
·        To known how to invest collected amount in the loan providing system.
·        To known the term of its cash collection techniques.
·       To known how to arrange payment in international business transaction.

1.3            Importance of the study
Nowadays a role of wealth is as the needs of blood in the body. As blood is important body. Wealth takes an important place in the life. So wealth does some

 Function in the life, which is done by the blood in the body, wealth takes an important place in different area idle agriculture business and industries.
Bank plays a role of mediator between the loan provider and loan taken for the development of whole country it is not only by the development of any area, the development is done in some ratio of each area. Capital is one of the important components which are needed for the development of country economic condition.
1.4            limitation of study
The problem and difficulties arises during the time of field work report making can be timed as the limitation on study.
Following are the certain limitation observed in the study of field work.
v In the fear of disclose of secrets of bank, hesitate to give required information especially this problem is found in the bank.
v Since bank’s staffs are busy in their work, they mostly ignore giving data at one approach, and they also could not give much time for discussion there for everything may not be clearly.
v It is difficult to fulfill the report under their required limit of paper as instructed
v Problem arises in the collection of secondary data.
v Making field work report is very expensive.
1.5      procedure of field work: 
To prepare the field work report we have to go through different stages. Which are mentions below?
Ø   Attention oriented class
Ø   Selection of topic
Ø   Receive authority letter from campus
Ø   Known as the necessary information from the related teacher
Ø   Ask the necessary information from the related organization collection of required data
Ø   Make a type after preparation of field work report
Ø   Submitted in the campus after making a type
1.6      literature review
This field work report is only with the help of my friend, different newspaper, textbook, reference book, senior student and information of RBB and subject related book and teacher.
            To complete the field work report concern bank staff and bank’s annual books provided very helpful. Hope this field work report will be varying satisfactory although my writing is very small in each topic.
1.7      data collection method:
            The procedure of data collection plays vital role in the preparation of field work report. There are several ways to collection data, but in preparation of this field report data taken from two sources which are as follows:
a)     Primary data:
The data collection for the first time by the investigator from the field of inquiry is called primary data. It is original in characters and these data are like a raw material. These are different method of collection primary data such as
ü Personal contact
ü Oral interview
ü Information from correspondent
ü Mail questionnaire
ü Questionnaire through enumerators
In the preparing this field report only direct personal contact and oral interview methods are used. Data information is collected by making direct questionnaire and interviewing with branch managers and related section staff of bank.
b)    Secondary data:
The data prepared by highly skilled manpower is called secondary data. In other words, the data which are initially collected by indirect source (e.g. CBS), someone else but obtained from published or unpublished sources are secondary data. These data are not original in character. The sources helping as secondary data for the presentation of this field work report. In the annual book published by bank official records and newspaper there are different methods of collection secondary data such as

·        Estimated of books and newspaper etc.
·        Publication of different organization, school and collage
·       Record field from government of non-government office and their publication.

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