Sample intership report

Sample intership report, How to write intership report.

UNIVERSTY OF BUEA

FACULTY OF SOCIAL AND MANAGEMENT SCIENCES

DEPARTMENT OF MANAGEMENT OF MANAGEMENTS SCIENCES

MANAGEMENT PROGRAM

COURSE CODE: MGS 412

A TWO MONTHS INTERNSHIP REPORT CARRIED OUT AT                  ASHONG COOPERATIVECREDITUNION LTD (ASHCCUL) 

MUTENGENE BRANCH

An internship Report submitted to the department of Management Sciences of the University of Buea in partial fulfillment for the award of Bachelor’s Degree

(B.sc) in Management

BY:

MAKU SANDRINE

SM16B191

INTERSHIP SUPERVISOR

MRS ACHE SHUMTA ANJE

JUNE 2019

CERTIFICATION

I, the undersigned Mrs. Ache Shumta Anje do hereby certify that this report is the original work of Maku Sandrine after a two months internship carried out at Ashong cooperative credit union limited in partial fulfillment for the award of a BSc degree in Management. I find it complete and fit for presentation before the competent jury.

The responsibility for the facts and sources of information is that of the author. My responsibility was to ensure that the report correspond to the format and basics prescribed by relevant statutes. 

Student 

DEDICATION

I dedicate this report to my mum Mrs. Catherine mafor Akwanga of blessed memory. Mrs. Voluntary Malum Akwanga, Ps Clara, my siblings Susie Akwasa, Kenneth Akwasa, Evelyne Akwasa, Smith Akwasa, Eric Akwasa, Gracious Mengot, the Akwanga’s Family for their unlimited and endless love and support.

ACKNOWLEDGEMENTS

(Text intentionally removed)

TABLE OF CONTENTS

DEDICATION………………………………………………………………............................................i

CERTIFICATION…………………………………..…………………….............................................ii

ACKNOWLEDGEMENTS………………………………………………………………….…………......iii

CHAPTER ONE

INTRODUCTION

1.1Background to the study…………………………………………………………..…………..…………1

1.2 Characteristics of Internship…………………………………………………………………………...1

1.3 Objectives of Individual Training (Internship)……………………………………………..……2

1.4 Importance/ Benefits of Internship………………………………………………………….……...3

1.4.1 Benefits of Internship to the students…………………………………………………..……...4

1.4.2 Benefits of Internship to the Employers………………………………………………..……...5

1.4.3 Benefits of Internship to the University………………………………………………..…..…..5

1.5 Limitations of Internship…………………………………………………………………………………..5

CHAPTER TWO

GENERAL INTRODUCTION AND PRESENTATION OF ASHONG COOPERATIVE CREDIT UNION MUTENGENE (ASHCCUL).

2.1 General Introduction to Micro finance in Cameroon………………………………….…….7

2.2 Brief History of ASHCCUL………………………………………………………………………………….8

2.3 OBJECTIVES OF ASHCCUL……………………………………………………………….…..………..…..9

2.4 Organizational Structure of ASHCCUL………………………………………………….…………..10

2.4.1 Functions of the various organs of ASHCCUL……………………………………..……..….11

2.5 THE PRODUCTS AND SERVICES OF ASHCCUL…….………………………………….……...….12

CHAPTER THREE

PRESENTATION OF INTERNSHIP ACTIVITIES

3.1 EFFECTIVE INTERNSHIP ACTIVITIES IN ASHCCUL……………………………………………21

3.2 Brief knowledge on loan management……………………………..……………………………26

3.3 Areas of focus……………………………………………………………………………..………………….27

3.4 Procedures for issuing of loans…………………………………………………….…………………27

3.4.1 Loans within Savings…………………………………………………………………………………….28

3.4.2 Loans with surety……………………………………………………………………………………..….29

3.4.3 Mortgaged Loans………………………………………………………………………………………….29

3.4.4 The Different Types of Delinquent Periods………………………..………………………….31

3.5 Practical Case of loan Management in ASHCCUL …………………………………….………32

CHAPTER FOUR

CRITICS AND SUGGESTIONS

4.1 CRITICISM AND INSUFFICIENCIES………………………………………………………………..….35

4.1.1 Slow response to loan demands……………………………………………………………….….35

4.1.2 Slow follow-up in the recovery of loans……………………………………………………....36

4.1.3 The treatment of inter-branch transactions…………………………………………….…...36

4.1.4 Entertainment Facilities………………………………...………………………………………..…...36

4.2 Proposed solutions and suggestions…………………………………………………….….……..36

4.2.1 Readjustments of the loan procedure…………………………………………….……….…..36

4.2.2 A monthly fixed loan committee meeting…………………………………………………...37

4.2.3 Strict follow up of loans………………………………………………………………………….……37

CHAPTER FIVE

RECOMMENDATIONS AND CONCLUSIONS

5.1Recommendations………………………………………………………………………..…………...38

5.1.1To the Host Organization…………………………………………………………………………38

5.1.2Recommendation to the University of Buea…………………………………………….39

5.2 Conclusion……………………………………………………………………….…………………..….…39References……………………………………………………………………………………………..………..41

CHAPTER ONE

INTRODUCTION

1. Background to the study

Internship is the period during which a student or new graduate gets practical experience in a particular field of his or her studies. The intern carried out this internship which is part of the requirements for an award of a B.Sc. Degree in Management followed by other purposes like blending theory with practice .because of these; I was privileged to be an intern in Ashong Cooperative Credit Union Limited (ASHCCUL) at Mutengene for a period of two months. The internship began on the 16th of June to the 16th of August 2019 and was guide by a field supervisor.

DEFINITION OF INTERNSHIP 

Internship is an opportunity to integrate career related experience into an undergraduate education by participation in a planned and supervised work. Internship also provides real world experience to those looking to explore or gain the relevant knowledge and skills required to enter into a particular career. Internship is relatively short term in nature with the primary focus on getting someone “on the job training” and taking what is learned in the classroom and applying it to the real world. Interns can be high school or University students or even adults interested in carrying out a new career. Many University students do internship to gain relevant experience in a particular career as well as to get exposure to determine if they have genuine interest in the field. 

2. Characteristics of Internship

INTERNSHIP (Industrial Experience) has the following characteristics:

1. It helps to build upon the relationship the department/ college/ University has with the employers (institutions).
2. It involves a supervision component that is monitoring and educational.
3. It contributes to the student personal and professional through challenging work assignments and it is completed before the student graduates from the University.
4. The students have a reflection (reflective journals) and evaluation process at the conclusion of internship. 
5. Internship is most successful when the student, University, the employer all share responsibility in making in valuable experience.
6.  It includes career related experiences that complement what is learned in the classroom.

1.3 Objectives of Industrial training (Internship)

The industrial training offered by the University has the following:

• To blend theory with practice.
• To acquire practical and professional ethics.
• To acquire knowledge on how to create and organize company assets.
• To identify problems of real world enterprise and hence suggest workable recommendations to help them improve on their performance.
• It gives students a preliminary work experience that can prepare them for their future career.
• It improves their skills that will help them in future to find a job.
• It enable students, narrow their career vision that is a platform to choose a particular field exercise to specialize on.
• To create proper communication of students with job market that is connection with job market. 
• It enable students get acquainted with business practices and procedures used in various organizations.

4. Importance / Benefit of Internship 

Because many employers feel that some students lack the practical experience to excel in the job market, internship has become more important than ever before. There are varieties of companies which offer internship to students. An essential problem given by most employers is that graduates do not have the practical skills necessary to excel in the job market.

And they also feel that the professionalism of students is less than it should be. Even though there are large numbers of theories on how to encourage employees and increase profits. It is clear that enhanced levels of education are not enough to prepare students for practical work in the job market. Being able to improve these weaknesses will make graduates much more effective in their careers.

After examining what Internship is all about, it is important to understand what employers want. Many studies have shown that there are six characteristics that employers are looking for. These characteristics are; motivation, Experience, Oral Communication Skills, Interpersonal skills and Leadership. There are number of employees who actually have these skills. It should be note that most employees do not have these trails and they must be taught. When students go through mentoring programs, they must learn to solve problems and communication effectively. It worth nothing that internship is beneficial to the student, the University and the employer.

1. Benefit of Internship to the students

The Importance of Internship to the interns is as follows 

1. Provide career awareness for the students.
2. It helps students develop job search skills.
3. It helps students to get practical work experience and can brighten their prospects in the skills changing job market.
4. It provides students with professional networking contacts.
5. It helps students to gain opportunities to work in career related or professional environment.
6. It helps students to develop self-confidence as they identify their skills, ability and talents.

2. Benefits of Internship to the Employers.

Internship is beneficial to the employers in the following ways;

1. It gives the employers access to qualify candidates.
2. It is cost effective to the employers.
3. It 
4. It is beneficial to the employers because students contribute new energy and ideas to the work place.
5. It helps employers evaluate the students for full time employment.

3. Benefits of internship to the University.

Internship is beneficial to the University in the following ways;

• It helps with retention and graduation.
• It strengthens ties to alumni and the community.
• It strengthens the student’s ties to the University when the graduation experience is facilitated by the university.

5. limitations of Internship 

The following difficulties that students and the university face with the internship program are as follows;

1. Placement problems:With these limitations, most times students find it very hard to get place to do their internship program.
2. Lack of access to information: this limitation is usually interns of denied access to certain information which is very vital to the objectives of the internship by the employers and this could be for security reasons.
3. Language problems: this limits internship because with the bilingual nature of Cameroon, many students find it difficult to adapt in zones of different languages.
4. Sexual harassment:it is the most prominent limitation of internship. Mostly, interns suffer sexual harassment from employers which greatly affect the objective of their internship.
5. Hatred and jealousy: many interns have faced this issue of hatred and jealousy since internship is evaluation an psychology  of the employers and some employers may develop hatred and jealousy for no justifiable reason for some interns 
6. Pecuniary Aspect: the issue of finance also is a limitation to internship because most students are placed in areas that are far from their residence which need daily transport fare that will run from the time he/ she will complete the internship which is not easily affordable. In addition internship requires a certain class of dressing and outfits which cannot be affordable by most interns.  
7. Problems of unrelated jobs: most students often are placed to do “odd task” which are not related to their task they ought to do.