Informatics Publishing Limited

Saima Rizvi ¹, Shivani Teckchandany ¹, Girish Ahuja ²

Affiliations
1 IILM Institute for Business and Management, DLF Golf Course Road, Gurgaon, Haryana, IN
2 IILM Institute for Higher Education, Lodhi Road, New Delhi, IN

Abstract

The global economic crises which has gripped the developed economies and also has its ripple effects on emerging economies like India. Organizations are trying hard to cut down on their recruitment and training cost in order to improve their bottom lines. They want to recruit candidates who are job ready in terms of knowledge and competencies apt for the job. Financial sector in India comprises of financial institutions, banks, insurance companies and various non banking finance companies which offer immense opportunities to management graduates looking for specialized jobs in finance area. Some of the skill sets required for such jobs are: analytical ability, quantitative skills, strong knowledge of basics of accounting and finance, basics of statistics and MS Excel Application and so on. The objective of the study has been to identify and analyse the specific skill sets required by the Financial Sector Players for management graduates. This research is based on primary as well as secondary data. Primary data has been collected from the managers of 45 Finance Companies and banks located in the NCR region. Questionnaire comprising of both closed ended as well as open ended questions has been circulated among the managers. The research study is descriptive in nature.

Keywords

Banking and Financial Services Sector, Simulations, Case Based Teaching, Competencies and Skill sets.

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Saima Rizvi ¹, Shivani Teckchandany ¹

Affiliations
1 IILM Institute for Business and Management, IN

Abstract

Corporate Governance is a set of rules, regulations, processes, disclosures and guidelines that is put in place by the regulator for the smooth functioning of a business enterprise. The area of corporate governance is gaining tremendous importance in recent times. Managers are recognizing the importance of corporate governance in overall sustainability of the business. Every enterprise has to keep in mind the financial, social and economic implications of business. In this regard, the regulator- financial market regulator SEBI- has made it mandatory for companies to update Business Responsibility report on their websites. The reporting requirement is in line with the 'National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs)' notified by Ministry of Corporate Affairs, Government of India, in July, 2011. The present study is a case based research on select listed banks that have come out with their BRR after the ruling by the regulator. The study is based on the secondary published data extracted from the annual reports and websites of the companies. The study evaluates the impact of Business Responsibility Reporting on the performance of Indian Banks.

Keywords

Corporate Governance, Business Responsibility Reporting, Indian Banks, Bank Performance.

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