Employability And Consulting Skills End Of Module Portfolio Business Essay Example

It has 14,119 subdivisions and 173 foreign offices in 37 states worldwide (SBI 2012). The SBI bank itself has about 27,000 ATMs and a total of 45,000 Cash Points other than Banks with 99,000 offices in India. Additionally, it has marked its presence on an international scale with 173 overseas offices. SBI also has subsidiary branches in cities like London,
Los Angeles,
California,
New York,Dubai,Frankfurt,Sydney,Tokyo,Oaska.

The State Bank of India (SBI) is influenced by external factors that affect its operations. It faces competition from major players in the Indian banking sector, such as HDFC, ICICI, and Punjab National Bank. SBI's centralized core banking system implementation puts it at a disadvantage compared to other banks, while new banking technologies and standards increase competitive pressure. Moreover, international insurance companies partner with Indian banks to offer financial support and expert services to Indian clients.

According to the bank's financial study and the Reserve Bank of India's one-year study, ICICI (Industrial Credit and Investment Corporation of India) holds a strong position among national banks. In March 2012, its net income increased by 25% due to the excellent performance of its subsidiaries, allowing it to stand out in rankings.

Emerging Company: ICICI Bank

ICICI is India's largest private bank. Founded in 1955, it operates in all sectors of financial services within India and internationally. Despite facing challenges during the Lehman downturn in 2008, it has successfully recovered and is now considered one of the most promising private banks. With a gross income of $13.81 billion and a net income of $1.36 billion in the last fiscal year, ICICI demonstrates strength across almost all financial sectors within the banking industry. The current managing director and chief executive officer

leading one of the strongest management teams in the country is Chanda Kochhar.

ICICI Bank, like HDFC Bank, has a majority ownership by foreign investors. Despite reducing its risky assets during the 2007-2008 boom, the bank is currently experiencing growth. It operates in 19 states worldwide and has an extensive network of 2760 branches and approximately 10000 ATM locations across India. Moreover, ICICI Bank has subsidiaries in prominent financial centers such as the UK, USA, Canada, Singapore, Hong Kong, Dubai, and Qatar. Alongside State Bank of India (SBI), Punjab National Bank (PNB), and HDFC, it is recognized as one of the leading banks in India.

The bank has a total asset value of $119.69 billion, managed by approximately 80,000 employees.

Company at Risk: YES Bank

YES Bank is a recently established private bank in India, founded in the fiscal year 2003-2004 by Rana Kapoor and Ashok Kapur. Both founders collectively hold a corporate financial interest of 27.16% in the bank's total asset value. The bank's founder was recognized as the Entrepreneurial Banker of the Decade (2001-2010) by a management association in India for his expertise in banking management. In its early years, the bank faced challenges during the 2008 recession, the worst one in recent times, especially for the banking and financial industry. Despite this, they managed to navigate through the difficult times with the help of their co-founder, Mr. [name].

Rana Kapoor is working to bounce back from the debt and losses caused by the 2008 recession. YES bank operates mainly in urban and developed cities, where it faces strong competition from major banks like ICICI, HDFC, AXIS, and other nationalized banks with assets worth 5-6 times that of

YES bank. Unlike other private banks, YES bank is not listed on stock exchanges in London and New York but is registered on India's national stock Exchange, BSE (Bombay Stock Exchange), with the code BSE:532648.

Mentions:

1. unknown. ( 2012 ) . Indian bank. Available: hypertext transfer protocol: //www.moneycontrol.com/financials/indianbank/profit-loss/IB04. Last accessed 20.09.2012
2. unknown. ( 2012 ) . top Bankss. Available: hypertext transfer protocol: //www.dnb.co.in/topbanks/company_listing.asp? q=Total_Income. Last accessed 20.09.2012.
3. unknown. ( 2012 ) .

The information provided in this paragraph includes a list of the top 10 Indian banks, which can be accessed through a specific hypertext transfer protocol link. The source was last accessed on 20.09.2012. Additionally, there is mention of an unknown annual publication from 2012.

Available: hypertext transfer protocol: //www.rbi.org.in/scripts/AnnualPublications.aspx?head=Trend % 20and % 20Progress % 20of % 20Banking % 20in % 20India.Last accessed 20.09.2012.

Sbi one-year study, 2012 www.sbi.co.in

1. ICICI bank,2012

icici one-year report,2012 www.icicibank.co.in

1. YES,2012

YES one-year study, 2012 www.yesbank.co.in

Unit of measurement 1 - The feedback

The feedback that I received from equals was rather positive and said the analysis and the manner I put it is good written and referenced.The deep analysis of the companies as discussed was the best portion of the assignment.My co-workers gave me few suggestions for the first two parts lacked with the concern linguistic communication and small bit missed the market informations that I made the indispensable alterations in the improved assignment.

Unit of measurement 2: Occupation DESCRIPTIONS

Updated version of the submitted work following

equal and coach feedback I have chosen the Investment banking as a sector of involvement to work in the banking and finance industry and the occupation profiles i wish to work in are: -

Job Description 1: Investing Banking Analyst

Role of an analyst and the Duties: The chief function of an analyst in investing banking is to supply his and his companies services and advices to the clients by working within the company sing the countries of Financing, Mergers &A ;

Unified:

Available: hypertext transfer protocol: //www.rbi.org.in/scripts/AnnualPublications.aspx?head=Trend % 20and % 20Progress % 20of % 20Banking % 20in % 20India.Last accessed 20.09.2012.

Sbi one-year study, 2012 www.sbi.co.in

1. ICICI bank,2012

icici one-year report,2012 www.icicibank.co.in

1. YES,2012

YES one-year study, 2012 www.yesbank.co.in

Unit of measurement 1 - The feedback

The feedback received from my peers was positive and praised the writing style and referencing of the analysis. The in-depth analysis of the discussed companies was identified as the strongest portion of the assignment. My colleagues provided some suggestions regarding language use in parts one and two, as well as the missed market data. I made necessary improvements in the revised assignment accordingly.

Unit of measurement 2: Occupation DESCRIPTIONS

In the updated version of my work following peer and coach feedback, I have selected Investment Banking as my field of interest in the banking and finance industry. The job profiles I aim to work in include:

Job Description 1: Investing Banking Analyst

Role of an analyst and duties: The main responsibility of an analyst in investment banking is to provide services and advice to clients by working within

the company and focusing on areas such as financing and mergers & acquisitions.Acquisitions and general strategic advice are part of the wide range of responsibilities available to successful applicants starting their careers in the investment banking sector. These individuals will have opportunities for extensive exposure, thorough training, and access to a top-tier professional network for career advancement.

The Analyst collaborates within the International Investment Banking Division, working on client pitches and ongoing unrecorded trades as part of a fiscal trade team. Responsibilities include creating, analyzing, and maintaining valuation models for companies, in addition to conducting market and industry overviews. They also research and analyze the fundamentals and financial information of specific companies. The Analyst frequently interacts with bankers from various departments.

They country facilitates themselves through the service of the company to assorted GS offices for reconnecting and developing with planetary squads and working on the given assignments.

Job Description 2: Business Analyst - Trading Finance

Key Duties

The bulk in footings of duties for a concern analyst is about 60 % of overall the occupation. They make schemes to prioritise and stipulate the company demands to speed up and measure the concern values of the house. To construct the expertness sphere and work with the concern is required for understanding the challenges in the concern market and there functional demands.

Gather the workshops to facilitate and organize the demands. These demands include the functional and non-functional theoretical account of business processes and the management of the acceptance or subscription of the trades. The workshops conduct analysis of the existing structures of the available data and assist in the development of physical and logical information models. They possess a comprehensive understanding

of corporate banking and its products, enabling them to provide expert services with a practical approach to implementing integrated solutions. Another major responsibility in terms of job profile is Solutions Delivery. They work closely with solution designers and draw on the expertise of team members to create solutions. They manage the entire work stream, leveraging their project management skills to oversee a multi-disciplinary team and its execution. They offer expertise in both technical and business solutions.

The individuals in this position have a solid understanding of current IT developments and industry practices. They also have a good understanding of how technology impacts business. They serve as experts for the testing and development teams throughout the entire project lifecycle. Additionally, they are responsible for assisting in the development of technology strategies that align with the overall business strategy. They use technology to influence the relevant business model strategy. Analysis is an important skill for both roles, regardless of the department.

Investment banking analysts have a multifaceted role that involves evaluating, analyzing, and creating the financial model of a specific company, market, and industry. They serve clients in various occupational profiles such as financing, merger and acquisitions, and generic strategic fields. This occupation requires frequent travel and interaction with banking professionals from different parts of the world, with diverse ethics and business cultural environments. Building and maintaining a business relationship with these professionals is essential. Continuous learning is inherent in this occupation due to the ever-changing markets, regulations, ordinances, and most importantly, the people. In terms of personal skills, my abilities align more closely with the Investment Banking Analyst Job Description compared to the trading finance analyst position.

While pursuing

my Master's degree in Global Financial Services, I am focused on gaining a deeper understanding of the fiscal industry, companies, and most importantly, the market. This will be achieved through the utilization of study analysis, which is essential in the field of Merger and Acquisitions. My undergraduate degree in Engineering with a major in Electrical Technology will also contribute to my proficiency in various aspects of the industry, particularly in logical and numerical skills. With expertise in scheme and analysis, my profile is well-suited for key job roles such as Merger and Acquisitions and investment opportunities.

Mentions:

• iimjobs ( 20/09/2012 ) Goldman Sachs - IBD Analyst [ online ] available from ;lt ;hypertext transfer protocol: //http: //iimjobs.com ;gt ;[ 20/09/2012 ]
• Barclays Plc ( 20/09/2012 ) Career Section [ online ] available from ;lt ;hypertext transfer protocol: //barclays.taleo.net ;gt ;[ 20/09/2012 ]

Unit of measurement 2 - The feedback

The feedback I received from my peers was predominantly positive and they appreciated my thorough analysis of the two mentioned job descriptions. They suggested that choosing similar positions in different organizations made my task easier to accomplish and adapt to. The given justifications were highly professional for my career choice and the personal achievements I improved upon from my previous study.

Unit of Measurement 3: Cover Letter and Resume (Improved Version)

Updated version of the submitted work based on peer and coach feedback.

COVER LETTER

Vijay Kumar Burdak

I am writing in response to your job advertisement for the position of Investment Banking Department Analyst and have enclosed my CV for your consideration.

I believe that my certifications and involvements align with your requirements and I would like to apply for

the same. I am an MBA graduate with experience in the Financial sector of the Energy Industry. Additionally, I have knowledge in emerging technologies from my Bachelor's degree in Electrical Engineering (B.E.). I am well-organized, polite, enthusiastic, and self-motivated. I have strong communication skills and embrace a "can-do" attitude, taking a proactive approach in managing work pressure.

My previous experience in a similar role will be advantageous for my consideration for this position. I hope that after reviewing my CV, you will be convinced of my ability to perform well in this job. I look forward to hearing from you.
Yours sincerely, Vijay Kumar Burdak.

Resume

Vijay Kumar Burdak

• 14 Chertsey House, Arnold Circus, London, Greater London E2 7JX
• Mobile: +44 7448205905 Email: [email protected]

Personal Profile:

I am an MBA student, who is organized and reliable person who takes pride in completing any task to the highest standard, adaptable individual with the ability to adjust to a variety of new responsibilities efficiently, a good communicator who works well on his own initiative or as part of a team. I have experience in Personal Financial Planning, Financial Services, Financial Markets and devising and implementing Strategies.

I am currently pursuing a full-time opportunity in finance and business consulting.

Education and Qualifications:

• April 2012-Present: MBA (in progress)
• Coventry University London Campus, London, UK
• Modules: Selling in Global Age, Finance Funding and Legislative Framework, Leading in Changing World, Banking Regulation and Risk, Global Financial Markets, International Accounting Perspectives, Financial Responsibility and Social Enterprise
• Aug 2005-June 2009: BE (Electrical Engineering)
• University of Rajasthan, India

Work Experience:

• May 2012-Present: Assistant Quality Manager at Sainsbury's
• Duties include managing products according to scheduled discount offers and expiration dates
• Oct 2010-March 2012: Assistant Project Manager at JSL (Jyoti Structures Limited), Energy Sector, Rajasthan,
  

India

1. Dealt expeditiously and diplomatically with client questions and ailments, utilizing top-notch clip direction skills to address both personal and legal inquiries.
2. July 2009-Oct 2010 - Site Engineer, REC-PDCL ( Rural Electrification Corporation ), Rajasthan, India - Responsible for managing power supply regulations and maintaining distribution lines. Also in charge of handling client service related issues and complaints.
3. April 2008 - March 2009 - Administrative/Customer Service Assistant, LifeStyle Group, Jaipur, India - Responsible for managing client service issues and complaints, as well as clerical duties. Efficiently addressed telephone and personal inquiries regarding products and services, and provided assistance with inbound store management.
4. Nov 2005 - March 2008 - Administrative/Customer Service Assistant, Shoppers Stop Group, Jaipur, India

COMPUTER PROFICIENCY:

5. Operating System: MS Dos, Windows
6. Languages: C, C++, Java (Basic)
7. Package: MS-Office, Internet Surfing

ADDITIONAL SKILLS:

8. Adaptability
9. Teamwork Technical Knowledge

INTEREST:

10. I have a keen interest in writing.

I have a weblog where I publish short poems about various aspects of life and my understanding of those aspects. I also enjoy traveling, learning new languages, and learning about other cultures. I also like reading books and playing badminton and cricket.

SKILLS & Accomplishments:

• National level Player in Cricket and Hockey (KVS)
• University conference participant in Volleyball (University of Rajasthan)
• Regular Cadet of Scouts and Guides (KVS)

References:

Available upon request.

Unit 3 - The feedback

This assignment involved preparing a cover letter along with a professional resume for

applications in search of a potential job in the Investment banking sector.

Feedback from my peers indicates that I have created a well-prepared and structured Cover Letter and CV, effectively showcasing my strengths and providing all the necessary information for potential employers. I have also revised my education and work experience section to align with the preferred format used in this region. The previous version was good, but my coach suggested a few improvements in the feedback.

UNIT 4: Preparation FOR FUTURE INTERVIEWS

(Improved Version)

Updated version of the submitted work following feedback from peers and coach.

State me about yourself?

Answer: I am Vijay Kumar Burdak from Jaipur, India and I am currently pursuing my Master's in Business in Global Financial Services (2012-2013) at Coventry University, London, UK.

Becoming a creative individual, I have a strong passion for technology and have a background in electrical engineering. I completed my B.E. with a specialization in Electrical and Electronics Technology from the University of Rajasthan, India, where I achieved a First class. Prior to pursuing higher education in London, I worked for 2 years and 8 months as an Engineer in the Energy Sector at REC PDCL (rural electrification Corporation) and Jyoti Structures limited. This decision was intentional as it provided me with exposure, experience, and a multicultural platform that will be beneficial for my personal and professional growth, helping me establish my own niche in the finance industry.

What is your one weakness?

Answer: My greatest weakness, which I have identified, is that at times I can be too blunt and straightforward when expressing my thoughts to others.

I understand the importance of honesty, but it is sometimes better to take a more subtle and

friendly approach instead of being direct and confrontational. For example, during a group activity last semester, I made a comment in a team meeting to my group leader that he was doing something incredibly foolish and unnecessary. In hindsight, I realize that I should have avoided making this comment during the meeting, as it was not the appropriate time or place to give my opinion. I have since learned from this experience and have been more careful with my words, but there is still work to be done. I am confident that over time, I will completely eliminate this behavior.

Tell me about your most significant achievement?

Answer: My most significant achievement to date is securing a job immediately after completing my undergraduate degree in Engineering from India. This was during the peak of the 2008 global recession, when many of my fellow classmates were struggling to find job opportunities. Additionally, the job I secured was with REC, a subsidiary of the Indian government that specializes in power line installation and management.

In those years, it was unimaginable for a technology graduate to work in a core sector of the graduation field as an engineer. It involved a lot of learning, but it helped me obtain my first promotion as Assistant Project Manager at JSL. The recruitment in the REC is still considered my greatest accomplishment, even more than moving to the financial hub of London and earning an MBA in the finance center of the world.

How would your peers/colleagues describe you?

Answer: The feedback I have consistently received from my coworkers has been mostly positive.

In my university, my peers describe me as a person who is always prepared

to take on responsibilities and challenges. I am known for being punctual, hardworking, reliable, dedicated, honest, and having a great sense of efficiency. I have been told that I excel at the tasks assigned to me because I always review my work at least once to ensure there are no flaws before considering it complete. My coworkers also acknowledge my strong time-management, organizational, and planning skills as I typically finish tasks before the designated deadline, allowing ample time for evaluation and improvements. When working in a team, my colleagues perceive me as adaptable, enthusiastic, motivating, and flexible, both on and off campus. They consider me a valuable team player. My peers often trust me with sudden teamwork situations, such as impromptu class debates, because they see me as responsible and reliable in making decisions.

My colleagues believe that I am a good listener and have the ability to extract valuable ideas from everyone in the team. I do not impose limitations on anyone's actions in a group work setting, which is considered positive. Additionally, my effective management skills, strong listening abilities, and fair leadership approach ensure that goals are efficiently achieved within given time frames, leading to successful teamwork.

What sets you apart from other candidates applying for this job?

Answer: Since I have not met any of the candidates interviewed for this same job, it would be inappropriate for me to comment on them. However, I can assure you that I seamlessly fit into this organization. I am passionate about the financial market and the Investment Industry, which is evident from my background in technology and an MBA in Global Financial Services. Furthermore, my work experience

in a prominent Indian organization in the energy sector managing power distribution and finance has equipped me with analytical and realistic skills. Enthusiasm, honesty, and most importantly, promptness are qualities that distinguish me from others. I confidently possess the abilities that make me a valuable contributor to this administration.With my extensive knowledgebase gained from a background in instruction and substantial experience, I possess the confidence to effectively plan, strategize, and discover practical and cost-effective solutions in any force per unit area situation.

Unit of measurement 4 - The feedback

This assignment was critiqued by the coach and his remarks made complete sense. The feedback suggested not including household in the sketch, focusing on educational components, and emphasizing work experience as the most important requirement for future preparations. I put significant effort into providing a report using a business writing style, and based on feedback from colleagues and coaches, it has improved in a more structured format.

Unit of measurement 6, 7, 8; A; 9: Reappraisal OF THE CONSULTING CYCLE

An updated version of the submitted work has been made following feedback from peers and coaches.

Clarify the brief

Three meetings were conducted with the company representative and our consulting team to gather background information on the company. The brief was provided by McKinsey Quarterly.

Our client wanted to establish themselves in the Chinese Market. Our role was to provide recommendations to the client through a market survey, assessing the scheme, industry, and feasibility of the undertaking. The Chinese luxury goods industry is growing rapidly and is expected to become the 4th biggest market by 2015 (euromonitor.com, 2012). To increase our chances of securing the contract, we divided the work among team members.

The main areas of research were:

• Situational analysis to determine the company's position in the luxury goods industry

Customer Analysis

• Possible growth and sustainability analysis for the company
• Competitor and business model analysis

We conducted PORTER'S 5 Forces analysis to assess the company's potential entry into the Chinese market and understand the competition. Additionally, we performed PESTEL and SWOT analysis to identify the strategic position and strengths and weaknesses of the organization.

Result:

The goal was to win the contract from the client. Through our research and thorough analysis, we were able to demonstrate our capability and professionalism. As a result, we gained the trust of the client. They were confident that we would conduct the necessary research to obtain information about the industry, market, business models, and strategies for sustainable growth. We had prepared strategic plans for a successful launch and growth of the company.

We were awarded the contract because the client believed that our recommendations were of high quality and supported by strong reasoning, so they agreed to have further meetings with us to discuss the implementation.

Environmental Audit:

The luxury industry operates in a highly competitive environment. According to a recent report from Bain Capital (china.org.cn, 2012), China's luxury market is growing at an annual rate of approximately 20-30%. This rapid growth is expected to surpass Japan's luxury market in 2012, making China the world's largest buyer of luxury goods. The increasing income levels in China have made luxury goods more accessible to the growing middle class, resulting in a shift in attitudes towards displaying wealth and a greater acceptance of purchasing luxury goods among this segment of the population.

Marketing

merchandise is becoming both beneficial and challenging for companies. While people earning over 300,000 renminbi remain loyal customers, they cannot overlook the growing income group of 100,000-300,000 renminbi (mckinseyquarterly.com, 2011). This is because Chinese consumers now have greater access to luxury goods through overseas travel, the internet, and firsthand experiences. Early on, major brands such as Richemont, Prada, and Burberry recognized the immense growth potential.

After expanding their stores in China, they are all trading at multiples of 15-20 times their 2009 lows. A contributing factor to China surpassing Japan in 2012 is the Chinese people's willingness to spend a larger percentage of their income on luxury goods compared to Japan's mere 4%. To establish a strong presence in the Chinese luxury market, the company needs to adopt a radical mindset and make bold moves that show their commitment and desire to sell their products.

Review of the best approach

For our consulting process with clients, we followed the Kubr's Consulting Cycle (Kubr, 2005).

The McKinsey Quarterly study provided us with valuable information regarding the luxury industry in China. We obtained insights into the different purchasing patterns, economic classes, geographical locations, and product attributes. We proposed various strategies to our clients and asked them to choose one and discuss its financial and nonfinancial details with the board of managers. We conducted a PESTEL analysis to assess the external and internal environment, and then examined the organization's potential. We gathered specific requirements from the client and performed a SWOT analysis. This analysis proved to be very useful as it provided us with comprehensive information about the company, not just its financials.

We conducted research on various companies to provide the client

with a clear understanding of how their launch should proceed and what future options were available to them. To assess the feasibility of the project, we utilized Porter's Five Forces model, examining factors such as the power of suppliers and buyers. Additionally, we performed a competitor analysis which gave us insight into what to expect and who our client would be competing against. The comparison was beneficial for the client, helping them determine the strategic approach necessary to differentiate themselves from their competitors and avoid making mistakes. The competitor analysis revealed a significant gap between supply and demand, as well as differences in how competitors were serving their customers, creating a valuable opportunity for our client.

We have created two sets of plans, one for the long term and another for the short term. The client was highly impressed with our thorough analysis and professional approach.

Proposal for executing the consultancy assignment

The research will take approximately 10 weeks.

The research proposal will be presented to the client in the first week. It will outline the methodology and criteria for measuring research quality. Additionally, it will provide guidance on product development to gain a significant market share initially. The plan will also include strategies for entering the Chinese market and a marketing plan for new products. The implementation of this research will take place over a period of four weeks.

By analyzing the consumer demographics, the information will be collected.