BHARATI VIDYAPEETH UNIVERSITY

INSTITUTE OF MANAGEMENT &

ENTREPRENUERSHIP DEVELOPMENT
ERANDAWANE PUNE -411038

TITLE OF PROJECT
“Study of financial aspects of organization ”

SUBMITTED IN PARTIAL FULLFILLMENT OF THE REQUIREMENT FOR

THE
AWARD OF DEGREE OF
Master of Business administration
2018-2020
Submitted by Guided by
Name:- Raunit Ranjan External guide
Name:- sandip kakade
Roll no:- 28 (sales manager)
Class – MBA (HR)
Internal guide:
Name: Dr. Hema Mirji
(Professor)
 ACKNOWLEDGEMENT

It would be grateful on my part to go ahead with this report expressing my gratitude to all
those who have helped me in completion of my project.

I heartily thank Bajaj auto finance pvt.ltd. for giving me an opportunity to carry out my
summer internship project in well esteemed and diversified organization.

I express my sincere thanks to my internal project guide, Prof. Dr. Hema Mirji associate
teacher of management studies for guiding me. I sincerely acknowledge them for extending
their valuable guidance, support for literature, critical review of project and the report and
above all the moral support they had provided to me with all stages of this project.

I would like to express big thanks to my external project guide Mr. Sandip Kakde (Sale
manager) for their full time support and guidance. Their experience, knowledge and support
lead me to complete my project timely and successfully.

My thanks are due to all those who have directly or indirectly helped me in preparing this
project.

Student name- Raunit Ranjan

Class- MBA

Div- HR

Roll No- 28
 Preface

I Raunit Ranjan, student of BBA hereby declare that the project work titled “Study of
financial aspects of organization ” has been submitted to Bharati Vidyapeeth deemed
university, is an original work of the undersigned and has not been reproduced from any
other source.

Student name- Raunit Ranjan

Class- MBA

Div-HR

Roll No- 28
 Index
SR. NO. Particular Page no
Chapter 1. Introduction
1.1 Overview of the company
1.2 Profile of the organization
1.2.1 History of the organization
1.2.2 Vision and Mission of the organization
1.2.3 Objectives of the organization
1.2.4 Function of the organization
1.3 Problem of the Company / Industry
1.3.1 Growth of the company
1.3.2 Player in company
1.3.3 Size of company
1.3.4 Contribution in GDP
1.3.5 Total employee in the company
1.3.6 Global practice
1.4 Competitor information
1.5 SWOT analysis of an organization
Chapter 2. Research methodology
2.1 Statement of the problems
2.2 Objectives & scope of study
2.3 Managerial usefulness of study
2.4 Type of Research and Research design
2.5 Data collection
2.6 Limitation of the study
Chapter 3. Conceptual discussion
3.1 Review of literature
3.2 Current issues
3.3 New development of company and industry
Chapter 4. Data analysis
4.1 Method and techniques of data analysis
4.2 Primary data analysis
4.3 Secondary data analysis
Chapter 5. My contribution to the body of knowledge
Chapter 6.
6.1 Finding
6.2 Conclusion
6.3 Suggestion
Chapter 7. Summary of the project
Reference of the project
Chapter-1. Introduction

Overview –

Bajaj Finance Limited is the most diversified a (Non-banking financial corporation) NBFC in
the India, with is in the financing the widest way of the outcomes. Our finance corporation
has an entire portfolio that design a program with took a control of your (client) aspirations
which could be as varied as improving your lifestyle, buying new motorcycle or household
goods, or including in that much deserved with is helpful to your family; whatever be your
plan, we have the capability to support it and to finance it to your aspirations.

 Bajaj Auto Finance, since 1987 is operating and has served 30 lakh and more than that
customer Bajaj Auto finance is giving the service across India. Bajaj Auto Finance is
offering the vehicle loans to the customers for the purchase their own favourite
Bajaj Motorcycles from amongst all the variants namely of Bajaj bike Pulsar,
Avenger, Discover, Platina and besides KTM motorcycles. Bajaj Auto Finance is
providing the attractive financing schemes to the customer who wants to purchase
their auto rickshaw.

 Bajaj Auto Finance has giving various infrastructure facilities within state of art of
technology which having automating cheque handling facilities, and computerized
loan accounting with on-line customer data to handle customer transactions and
requests efficiently. At Bajaj Auto Finance, we believe in offering the best and
quickest services to our customers while providing the finest infrastructure facilities
such as automated cheque handling, computerized loan accounting and instant eKYC
etc.
1.2 - Profile of the organization –

1.2.1 – History of the organization –

 In 1987 Bajaj Auto Finance in 25 th March. Bajaj Auto had purchase the
Finance company in the lease finance activity. It became a deemed public
company.

 In the 1992 the company has proposed which is entering into the financial business.
Bajaj Auto Finance had start such as bill discounting. Bajaj Auto Finance had first
given the scheme to the car, two wheeler, truck and many more.

 In 1993 Bajaj Auto Finance the Bajaj finance proposal the issues of 67,00,000 equity
share of Rs. 10/- and Bajaj Auto Finance approved the shareholder to buy the equity
share at Rs. 70/-
Bajaj Auto finance during this year had start the branch office at New
Delhi, Chennai, Bangalore and Mumbai with is promoting the company financing
scheme.

 2000 - The Credit Rating Information Services of India Ltd (Crisil) on March 6
reaffirmed the EAAA rating for the fixed deposit programme of Bajaj Auto Finance
Ltd (BAFL). The company's Rs 10-crore commercial paper programme has been
assigned P1+ rating.

 2002-Bajaj Auto Finance Ltd has informed that the Board has decided to reappoint
Mr Dipak Poddar as Managing Director of the Company, for a further period of five
years.

 2003 -Approves to voluntarily delist the Equity Shares from Pune Stock Exchange
Ltd & The Stock Exchange Ahmedabad, in accordance with the provisions of SEBI
(Delisting Securities)- Guidelines 2003
1.2.2 – Vision and Mission of the organization

 Vision of the organization –

Bajaj Auto Finance has a vision to become full – fledged financial service company
and be the financial partner to the Indian customers and help them across the financial
needs, whether
 For finance
 For investment management
 For protection or
 For post-retirements supports
Through his life cycle the Bajaj Auto Finance is helping them to finance a loan and
providing the benefits to it. Bajaj Auto Finance is a consumer focused company with
emphasis on profitable growth and operational efficiency to deliver best result to it all
Stakeholders.

 Mission of the organization

 Focus on value based manufacturing
 Foresting teamwork & enhancing the capability of the team
 Continual improvement
 Total elimination of wastes
 Pollution free & safe environment
1.2.3 – Objectives of the Organisation

 Bajaj Auto finance ltd is to providing the facilities to their customer while in two
wheeler loan process of the vehicles. Bajaj Auto Finance is providing the scheme to
the customer of two wheelers. In that there is down payment and EMI is given is that
scheme chart. By this we our telling the down payment and EMI to our customer.

 Based on the customer feedback, improvement are beings made continuously in the
existing products.

1.2.4 – Function of the Organisation

 The Bajaj Auto Finance is function their activities in the group with is function in the
department.
 Each functional department is managed by an executive who is specialists in their
own field.
 The important function in the Bajaj Auto Finance is about that to give a loan to the
customer for the two wheelers.
1.3 – problem of the company –

1.3.1 - Growth of the company

 Bajaj Auto finance having the growth on the asset under management (AUM) by
which the share market price of Bajaj Auto Finance get increase and which is hit the
market.

 Bajaj Finance (BAF) had a strong quarter with 35% YoY AUM growth, modest
margin uptick (due to higher capital), and stable asset quality.

1.3.2 – player in industry

 Bajaj Auto Finance having some player in this industry field that is –

 M&M Financial

 Shriram Trans

 Cholamandalam

 Sundaram Fin

 Manappuram Finance

1.3.3 – size of the company

 Bajaj Auto Finance is a large scale company in India.
 Bajaj Auto Finance is having the first NBFC in the large scale in India.
 Bajaj Auto Finance providing a loan for the two wheelers to the customers in all over
the part of India.
1.3.4 – Contribution in GDP

 India's GDP growth of 7.1 per cent achieved last fiscal is not as encouraging as it
might seem despite the expansion rate being better than all developed countries,
according to Bajaj Auto Chairman Rahul Bajaj.

 Impact of lack of significant investments in the last 4-5 years; inability of private
sector to put in fresh capital with availing of loans becoming an issue due to rising
NPAs of banks, along with demonetisation were mainly responsible for dampening
growth.

 "I thought of starting with encouraging news about India's economic growth in 2016-
17. But as I started looking at the latest evidence, it didn't seem as encouraging as I
believed it might be," Bajaj said in his address to shareholders in the company's
Annual Report for 2016-17.

 He said in its latest advance estimate, the Central Statistical Organisation has pegged
India's real GDP growth for last financial year at 7.1 per cent.

1.3.5 – Total number of employee

 The total number of employee working in the Bajaj Auto Finance now a time is about
600 employees is presently working in the organization.

1.3.6 – Global Practice

 Bajaj Auto Finance has been Global Practice 36 place in India. They are
*Agra,

*Ahmedabad,

*Baroda,

*Bengaluru,

*Bhatinda,

*Bhopal,

*Bhubaneswar,

*Calicut,

*Chandigarh,

*Chennai,

*Cochin,
 *Coimbatore,

*Dehradun,

*Delhi,

*Pune

And many more cities in India that the Bajaj Auto Finance is global
practice it.

1.4 – Competitor information –

 M&M financial –
 M&M Financial is in the Finance - Leasing & Hire Purchase sector. The
current market capitalisation stands at Rs 24,358.47 crore.

 The company management includes Dhananjay Mungale - Chairman &

Ind.Director, Ramesh Iyer - Vice Chairman & Mng.Director, V Ravi -
Executive Director & CFO, C B Bhave - Independent Director, Rama
Bijapurkar - Independent Director, V S Parthasarathy - Director, Anish Shah -
Director, Milind Sarwate - Independent Director, Anish Shah - Director.

 Shiram trans –
 Shriram Trans is in the Finance - Leasing & Hire Purchase sector. The
current market capitalisation stands at Rs 24,908.32 crore.
 The company management includes S Lakshminarayanan - Chairman
(NonExe.&Ind.Director), Umesh Revankar - Managing Director & CEO,
D V Ravi - Director, Puneet Bhatia - Director, Ignatius Michael Viljoen -
Director, Pradeep Kumar Panja - Independent Director, S Sridhar -
Independent Director, Kishori Udeshi - Independent Director.

 Manappuram Finance –
 Manappuram Fin is in the Finance - Leasing & Hire Purchase sector. The
current market capitalisation stands at Rs 11,079.20 crore.

 The company management includes Jagdish Capoor -

Chairman(NonExe.&Ind.Director), V P Nandakumar - Managing Director
& CEO, B N Raveendra Babu - Executive Director, V R Rajiven -
Independent Director, P Manomohanan - Independent Director, V R
Ramachandran - Independent Director, Amla Samanta - Independent
Director, Gautam Narayan - Non Executive Director, E A Kshirsagar -
Nominee Director, Sutapa Banerjee - Additional Director.
 Cholamandalam –
 Cholamandalam is in the Finance - Leasing & Hire Purchase sector. The
current market capitalisation stands at Rs 21,550.85 crore.

 The company management includes Arun Alagappan - Executive Director,

Bharati Rao - Independent Director, Ashok Kumar Barat - Independent
Director, M M Murugappan - Chairman, N Ramesh Rajan - Independent
Director, Rohan Verma - Independent Director.

 Sundaram finance –
 Sundaram Fin is in the Finance - Leasing & Hire Purchase sector. The
current market capitalisation stands at Rs 17,407.75 crore.

 The company management includes S Viji - Chairman, T T

Srinivasaraghavan - Managing Director, Harsha Viji - Deputy Managing
Director, A N Raju - Director - Operations, S Ram - Director, N
Venkataramani - Director, Rajiv C Lochan - Director, P N Venkatachalam
- Director, S Mahalingam - Director, S Prasad - Director, S Ravindran -
Director, Shobhana Ramachandhran - Director.
 1.5- SWOT analysis

Bajaj Auto Finance SWOT analysis is –

1. Strength –
 Bajaj Auto Finance is having the network in 200 towns
 Bajaj Auto Finance is strongly fundamental with good capabilities of
paying it.
 Bajaj Auto Finance has received award by NDTV for the prestigious to the
consumer finance.

2. Weakness –
 Bajaj Finance having a lack of penetration in rural areas
 As see to other financial firms Bajaj Auto Finance having smaller
infrastructure.

3. Opportunities –
 Bajaj Auto Finance has started their branches in rural areas by this the
growth get increase.
 In the urban the Bajaj Auto Finance having is good growth rate by this the
income is also get increase.

4. Threats –
 Economic crisis and Economic instability
 Entry in NBFC in the sector
 Increasing awareness amongst people about securing their future
Chapter – 2 Research methodology

2.1 – statement of the problem

 In my Research I got that the customer is not satisfied with our service or
that scheme with is providing to them for their two wheeler loan.

2.2 – objectives and scope of the study

 Objectives of the study

 Try of help the customer to understand the scheme chart of the two
wheelers.
 Make them confront zone
 Try to make easy and confront and easy to understand able
 Providing the loan to the customer as per the customer is reliable to pay the
monthly instalment.

 Scope of the study

 In the research of the study is to try to solve the quires of the customer will
giving the scheme of the two wheeler loan. Customer how want a loan should
be satisfied with the scheme of the chart of the loan purpose.

2.3 – Type of research and Research design

 Type of research –

 Quantitative Research is used to quantify the problem by way of generating

numerical data or data that can be transformed into usable statistics. It is used to
quantify attitudes, opinions, behaviours, and other defined variables – and generalize
results from a larger sample population. Quantitative Research uses measurable data
to formulate facts and uncover patterns in research. Quantitative data collection
methods are much more structured than Qualitative data collection methods.
Quantitative data collection methods include various forms of surveys – online
surveys, paper surveys, mobile surveys and kiosk surveys, face-to-face interviews,
telephone interviews, longitudinal studies, website interceptors, online polls, and
systematic observations.

 The research is based on Quantitative research. In the Quantitative research is based

on the mathematically, statistical research, symbol, attributes, and many other thing
in the research. In the Quantitative research is allowed to research the data. The data
with is get collected is get hypothesis and get analysis the data of it.
  Research design –
 Research design is based on the quantitative research design. In the
quantitative research design is the design of the descriptive design were the
data is gather and get analyse and present the collect data. The data is primary
data and secondary data of the questionnaire for collecting the data.

2.5 – Data Collection

 Data collection of the financial aspects of an organization it is collecting data

with it may be helpful to conduct an internal and external assessment to
understand what is happening inside and outside of your organization. For the
Data collection the method is use as questionnaire method and by this the data
is collected. It is a primary data with is get collected by it.

2.6 – limitation of the study

 The study of on based on the financial aspects of the organization.

 The study is base of the customer expectation from our organization.

 Study is based on the satisfaction with our service with is deliver to them
because many of the customer it not satisfy with the service with is given to
them.

 Once of the biggest limitation with this project work is the time factor, since, I
had go only 60 days for doing this project. Times were very much limited and
as a result were restricted with the time bound.

 Another limitation with the LANGUAGE, while doing the research work I
faced a lot of problems regarding the language. Since every person didn’t
understand English therefore we had to make understand in different language.

 The study is restricted only to the organized sector of two-wheeler industry.

Chapter 3 – Conceptual discussion

3.1 – Review literature

The basis of financial planning analysis and decision making is the financial information
(Statements). Financial statements are needed to predict, compare and evaluate a firm’s
earning ability. It is also required to aid in economic decision making investment and
financing decision making. The financial information of an enterprise is contained in the
financial statements.

a) OWNERS AND MANAGERS: Require financial statement to make important business

decisions that affect its operations. Financial analysis is then performed on these statements
to provide management with a more detailed understanding of the figures. These statement
are also used as part of management’s annual report to the stockholders.

b) EMPLOYERS: Also need these reports in making collective bargaining agreements

(CBA) with the management, in the case of labour unions or for individuals in discussing
their compensation promotion and rankings.

c) PROSPECTIVE INVESTORS: They make use of financial statements to assess the

viability of investing in a business. Financial analysis are often used by investors and are
prepared by professionals (financial analyst), thus providing them with the basis for making
investment decisions.

d) FINANCIAL INSTITUTIONS: Financial institutions (banks and other lending company)

use them to decide whether to grant a company with fresh working capital or extend debt
securities (such as a long term bank loan or debentures) to finance expansion and other
significant expenditures.

e) GOVERNMENT ENTITIES: Government entities (Tax authorities) need financial

statements to ascertain the property and accuracy of taxes and other duties declared and paid
by a company.

f) VENDORS: They require financial statement to access the credit worthiness of the
business

g) MEDIA AND GENERAL PUBLIC: They are also interested in financial statements for a
variety of reasons.

In this scheme is given to the customer for the vehicles purpose as per the down payment and
EMI is given to the customer.

Like if the customer want a loan for their vehicles for “1 year” prospectus then as per the
down payment with is suitable to the customer the scheme is giving to them
3.2- Current issues

 Bajaj Finance entered the elite club of companies with a market capitalisation
(market-cap) of Rs 2 trillion after the company's stock price hit a new high on
the BSE in intra-day trade on Tuesday.

 The stock hit a new high of Rs 3,485, up 2.3 per cent on the BSE. At 09:53 am; Bajaj
Finance's market-cap stood at Rs 2.01 trillion, the exchange data shows.

 Currently, Bajaj Finance, is at the 14th position in terms of overall market-cap

ranking and companies having market-cap of over Rs 2-trillion.

 In the past 14 months, Bajaj Finance's stock has more-than-doubled from the level of
Rs 1,702 on the BSE. In comparison, the S&P BSE Sensex was up 19 per cent during
the same period.

 The non-banking finance company recorded a strong 57 per cent year-on-year (Y-o-
Y) growth in net profit at Rs 1,176 crore in March quarter. The company’s net interest
income, or NII, grew 50 per cent at Rs 3,394 crore on YoY basis. Analysts, on an
average, had expected profit of Rs 1,062 crore and NII of Rs 3,271 crore for the
quarter.

 Bajaj Finance's assets under management (AUM) rose 41 per cent to Rs 1.16 trillion,
against analysts' expectations of 40 per cent over the year-ago period.

 Analysts at Dolat Capital maintain ‘accumulate’ rating on the stock with target price
of Rs 3,700 per share.

 “While there is a risk of slowing consumption (and lower economic growth), we

believe that its market position; inability of competitors to replicate its scale and
model; consolidation among smaller players, given the funding constraints; and
growth from expansion of customer breadth and width; is expected to help it maintain
growth momentum in the short to medium term (factored CAGR 40 per cent growth
in AUM),” the brokerage firm said in result update.
 Analysts at Morgan Stanley believe Bajaj Finance has the capacity to sustain 25 per
cent plus loan growth over the next three to five years, despite the high base.

 The company has a high-growth model with multiple growth drivers and a
management strong on execution; also, it is resilient to the near-term cyclical
slowdown. The strong run-up in the stock and elevated valuations do pose a risk, but
underlying fundamentals support those rich valuations, in our view, the brokerage
firm said with ‘overweight’ rating on the stock and target price of Rs 3,500 per share.

 Thus far in the current calendar year 2019, Bajaj Finance has rallied 32 per cent, as
compared to a 9 per cent gain in the S&P BSE Sensex. In the previous entire calendar
year 2018, the stock had zoomed 50 per cent, against 6 per cent rise in the benchmark
index.

 Interestingly, the market price of Bajaj Finance, had more-than-doubled, rising 121
per cent and 408 per cent in 2014 and 2009, respectively.

 Indian banks’ retail growth may take a hit due to slowdown in motorcycle and car
sales and liquidity tightness in the market, say top bankers and rating agencies as
growth in personal vehicle loans, which make a sizeable part of banks’ overall retail
credit, nearly halved in the last fiscal.

Latest data from the RBI shows that the personal vehicle loan portfolio made up by
cars and two-wheeler loans grew 6.5% in fiscal 2018-19 as against 11.3% in the
previous fiscal. At Rs 2 lakh crore ..

 “We have witnessed some slowdown in our auto loan portfolio, especially the
personal vehicle loan segment in the current quarter… While our yearly growth has
been close to 15% in the March quarter, this may fall to single digit in the next
quarter,” said Sandeep Batra, executive director, ICICI Bank.

Most major retail banks, who dominate the vehicle finance segment, such as Kotak
Mahindra Bank, HDFC Bank and ICICI Bank reported lower growth rates in the
March quarter. Automobile sales ..

 Maruti, the biggest car-maker in India, reported a 5.25% growth in sales last year as
against a double-digit growth forecast it gave at the beginning of the year. While
financial markets and rule change affected sales, there may be structural shifts
happening in the economy which could alter the demand pattern permanently.
 “The question that needs to be asked is if something structural is changing. Is there a
fundamental change in consumer behaviour happening with the rise of Ola and U ..

3.3 – New Development of company –

 There's a lot of buzz in the world of international development about using private
finance in new ways to tackle development challenges and boost sustainability. I’ve
been in just over a year and am now starting to gain a greater understanding of the
financial innovation around this robust market, differentiating it from most USAID
posts. Using private finance in development is still a bit outside the sweet spot for
some development professionals, but there is momentum in India that is adding to the
enthusiasm for the new phrase: “blended finance.” India’s rapidly growing economy
is the perfect laboratory for development finance enthusiasts. India’s rich capital
markets, meaningful market reformation, and the continued expansion of the
development sector are combining to create an astounding crescendo of innovation.

 To add to the excitement, the Government of India mandated in 2013 that 2% of

corporate profits be directed to the development sector, boosting the spending pool for
corporate social responsibility (CSR) activities by an estimated $7 billion. While the
initiative started out slowly, many CSR professionals, impact investors, and donors
are now actively exploring creative channels to best combine the CSR mandate with
the rich financial innovation in the market. In fact, the Mission just signed an MOU
with AMCHAM to engage directly with this mandate. New ideas include
development impact bonds, venture grants, and first and second loss guarantees.
Chapter 4 – Data analysis

4.1 – Method of data analysis

 The method with is used for the data analysis is Quantitative data analysis. In this
quantitative data analysis is that to analysing the data and converts the raw data into
something meaningful and readable data.

4.2 – Primary data analysis

 In the primary data analysis in this data. The raw data has been collected in from in
questionnaire.

Q1. ARE TIMESHEETS, A RECORD OF WORKING HOURS OF FULL-TIME AND

PART-TIME EMPLOYEES, MAINTAINED FOR EACH PAIDEMPLOYEE?

Ans-

90.00%
80.00%
70.00%
60.00%
Axis Title

50.00%
40.00%
30.00%
20.00%
10.00%
0.00%
No yes
Total 18.18% 81.82%

In this record of working hours had maintained were in the bar graph is saying the
81.82% people is answering yes and 18.18% of the people is saying no to it.
Q2. DO YOU ISSUE AN EMPLOYMENT LETTER OR CONTRACT WHICH
INCLUDES THE EMPLOYEE’S SALARY?

Ans-

90.00%
80.00%
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%
No yes
Total 18.18% 81.82%

In this statically graph present that the employment had work under the contract were
18.18% people had saying no to it and 81.82% of the people it saying yes for this that
many of the employee working under the contract.
Q3. DO YOU KEEP INVOICES, VOUCHERS AND RECEIPTS FOR ALL
PAYMENTS MADE FROM GRANT FUNDS?

Ans-

Total, No,
9.09%, 9%

Total, yes,
90.91%, 91%

In this pie chart of invoices, vouchers and receipts for all payment made grant funds were

Were only 9% of the people had saying no to it and were only 91% of the people had
saying yes for this.
Q4. DOES YOUR ORGANIZATION HAVING A CONTROL TO PREVENT
EXPENDITURE OF FUND EXCESS OF APPROVED LOAN.

Ans-

80.00%

70.00%

60.00%

50.00%

40.00%

30.00%

20.00%

10.00%

0.00%
No yes
Total 27.27% 72.73%

In this having a control to prevent expenditure of fund excess of approved loan. In this
bar graph the response is that 27.27% of the people had saying that there is no excess
control over it were as 72.73% response of the people telling that there is having a excess
control over it.
Q5. DO YOU KEEP INVENTORY RECORDS FOR EQUIPMENT?

Ans-

90.00%
80.00%
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%
No yes
Total 18.18% 81.82%

In this inventory record for equipment the response of the having is that 18.18% of the
people response that “NO” the inventory equipment is not get record and were as 81.82%
of the people is telling that inventory is record of it.
 Q6. DOES YOUR ORGANIZATION HAVE WRITTEN ACCOUNTING POLICIES
AND PROCEDURES?

Ans-

Total, No,
18.18%, 18%

Total, yes,
81.82%, 82%

In this your organization having the policies written and procedures has written then the
answer with I got that in the response that is 82% of the people is saying that the policies has
written down and 18.18% of the people had saying that no the policies or procedures has not
written.
4.3 – Secondary data analysis

 Secondary data is research data that has previously been gathered and can be accessed
by researchers. The term contrasts with primary data, which is data collected directly
from its source.

 Secondary data is used to increase the sampling size of research studies and is also
chosen for the efficiency and speed that comes with using an already existing
resource. Secondary data facilitates large research projects, in which many research
groups working in tandem collect secondary data. The main researcher is then
allowed to focus on primary research or particular areas of interest. This division of
labour helps researchers learn more in less time.

 Walk me through the three financial statements.

 The balance sheet shows a company’s assets, its liabilities, and shareholders’
equity (put another way: what it owns, what it owes, and its net
worth). The income statement outlines the company’s revenues, expenses,
and net income. The cash flow statement shows cash inflows and outflows
from three areas: operating activities, investing activities, and financing
activities.

 If I could use only one statement to review the overall health of a company, which
statement would I use and why?
 Cash is king. The statement of cash flows gives a true picture of how much
cash the company is generating. Ironically, it often gets the least
attention. You can probably pick a different answer for this question, but you
need to provide a good justification (e.g. the balance sheet because assets are
the true driver of cash flow; or the income statement because it shows the
earning power and profitability of a company on a smoothed
out accrual basis).

 If it were up to you, what would our company’s budgeting process look like?
 This is somewhat subjective. A good budget is one that has buy-in from all
departments in the company, is realistic yet strives for achievement, has been
risk-adjusted to allow for a margin of error, and is tied to the company’s
overall strategic plan. In order to achieve this, the budget needs to be an
iterative process that includes all departments. It can be zero-based (starting
from scratch each time) or building off the previous year, but it depends on
what type of business you’re running as to which approach is better. It’s
important to have a good budgeting/planning calendar that everyone can
follow.
 When should a company consider issuing debt instead of equity?
 A company should always optimize its capital structure. If it has taxable
income, then it can benefit from the tax shield of issuing debt. If the firm has
immediately steady cash flows and is able to make the required interest
payments, then it may make sense to issue debt if it lowers the company’s
weighted average cost of capital.

 How do you calculate the WACC?

 WACC (stands for Weighted Average Cost of Capital) is calculated by taking
the percentage of debt to total capital, multiplied by the debt interest rate,
multiplied by one minus the effective tax rate, plus the percentage of equity to
capital, multiplied by the required return on equity. Learn more in CFI’s
free Guide to Understanding WACC.

 Which is cheaper, debt or equity?

 Debt is cheaper because it is paid before equity and has collateral backing it.
Debt ranks ahead of equity on liquidation of the business. There are pros and
cons to financing with debt vs. equity that a business needs to consider. It is
not automatically better to use debt financing simply because it’s cheaper. A
good answer to the question may highlight the trade-offs, if there is any follow
up required. Learn more about the cost of debt and cost of equity.

 What, in your opinion, makes a good financial model?

 It’s important to have strong financial modelling principles. Wherever
possible, model assumptions (inputs) should be in one place and distinctly
colored (bank models typically use a blue font for model inputs). Good Excel
models also make it easy for users to understand how inputs are translated into
outputs. Good models also include error checks to ensure the model is
working correctly (e.g., the balance sheet balances, the cash flow calculations
are correct, etc.). They contain enough detail, but not too much, and they have
a dashboard that clearly displays the key outputs with charts and graphs. For
more, check out CFI’s complete guide to financial modelling.
 What happens on the income statement if inventory goes up by $10?
 Nothing. This is a trick question – only the balance sheet and cash flow
statements are impacted by the purchasing of inventory.

 What is working capital?

 Working capital is typically defined as current assets minus current
liabilities. In banking, working capital is normally defined more narrowly as
current assets (excluding cash) less current liabilities (excluding interest-
bearing debt). Sometimes it’s even more narrowly defined as accounts
receivable plus inventory minus accounts payable. By knowing all three of
these definitions you can provide a very thorough answer.

 What does negative working capital mean?

 Negative working capital is common in some industries such as grocery retail
and the restaurant business. For a grocery store, customers pay upfront,
inventory moves relatively quickly, but suppliers often give 30 days (or more)
credit. This means that the company receives cash from customers before it
needs the cash to pay suppliers. Negative working capital is a sign of
efficiency in businesses with low inventory and accounts receivable. In other
situations, negative working capital may signal a company is facing financial
trouble if it doesn’t have enough cash to pay its current liabilities.
 In this answer to this interview question, it’s important to consider the
company’s normal working capital cycle.

 When do you capitalize rather than expense a purchase?

 If the purchase will be used in the business for more than one year, it is
capitalized and depreciated according to the company’s accounting policies.

 How do you record PP&E and why is this important?

 There are essentially four areas to consider when accounting for Property,
Plant & Equipment (PP&E) on the balance sheet:

(I) initial purchase,

(II) depreciation,

(III) additions (capital expenditures), and

(IV) dispositions.
  In addition to these four, you may also have to consider revaluation. For many
businesses, PP&E is the main capital asset that generates revenue,
profitability, and cash flow.

 How does an inventory write-down affect the three financial statements?

 This is a classic finance interview question. On the balance sheet, the asset
account of inventory is reduced by the amount of the write-down, and so
is shareholders’ equity. The income statement is hit with an expense in
either cost of goods sold (COGS) or a separate line item for the amount of the
write-down, reducing net income. On the cash flow statement, the write-down
is added back to cash from operating activities, as it’s a non-cash expense (but
must not be double counted in the changes of non-cash working capital). Read
more about an inventory write-down.

 Why would two companies merge? What major factors drive mergers and
acquisitions?
 There are many reasons companies go through the M&A process: to
achieve synergies (cost savings), enter new markets, gain new technology,
eliminate a competitor, and because it’s “accretive” to financial metrics. Learn
more about accretion/dilution in M&A.

 [Note: Social reasons are important too, but you have to be careful about mentioning
them, depending on who you’re interviewing with. These include: ego, empire
building, and to justify higher executive compensation.]

 If you were CFO of our company, what would keep you up at night?
 This is one of the great finance interview questions. Step back and give a
high-level overview of the company’s current financial position, or the
position of companies in that industry in general. Highlight something on
each of the three financial statements.
 Income statement: growth rates, margins, and profitability.
 Balance sheet: liquidity, capital assets, credit metrics, liquidity
ratios, leverage, return on assest (ROA), and return on equity (ROE).
 Cash flow statement: short-term and long-term cash flow profile, any need to
raise money or return capital to shareholders.
 Non-financial statement: company culture, government regulation, conditions
in the capital markets.
Chapter – 5 My contribution in the project

 Through my summer internship I have work in the team in the finance department and
were everybody does everything nobody really the ability and specific the feature or
successful implementation.

 I have complete is summer internship project through the under the guidance of
sandip kakade sir. He is helping me in the project.

 I had contribution in this project is that it’s mostly done through by own prospectus. I
have been taken the help from the internet facility and with the instruction given by
my guide during the summer internship my training. I have also taken information
from the official company website.
Chapter – 6

Finding –

 I have find that the most of the people who have come in the showroom to buy the
bike is mostly CT100 Or Pulsar model

 My of the customer need the Zero down payment scheme were the customer has to
pay the processing fees

 Customer should get the approval of the loan if the paper work is clear

Conclusion –

 The entire two month of the summer internship was a learning experience. A lot ups
and downs came in the path of the project completion but end of the result were very
promising. Company seems to be doing quite well and the customers get satisfied. It
is lot of potential in this sector only if it is able to tap the untapped market and do
more market penetration.

 This can be brought about by promoting and services and making customers more
aware of benefits. Also it can have some flexibility in its producers so that the
consumers feel more at home with the company. The company and the process of
completing the file can be easier if the sale executive and he manager corporate each
other in their work.

Suggestion –

 My suggestion check the CIBIL score of the customer will giving the loan
 Please do the marketing
 Provide the more scheme to the customer will they come to purchase their bike.
Chapter 7 – Summary of the project

The project is allotted to me with the title of “Study of financial aspects of organization.”
The objective of this providing the auto loan to the customer. Bajaj Auto Finance is giving
these roles to me will is the training. This is the first time experience that I got in this
internship and understanding the loan process with end to end process. It this training
processing of payment, disbursement of the loan file. I have also done the repayment of the
customer of the loan of their vehicle and TVR had also done through my summer internship
days.
Reference of the project

https://www.scribd.com/doc/99232689/A-Report-on-Internship-final

https://www.bajajautofinance.com/content/view/about-bajaj-auto-finance

https://www.slideshare.net/jsunil07/project-on-bajaj-auto-ltd-5530179

https://www.bajajautofinance.com/content/view/about-bajaj

https://www.motilaloswal.com/site/rreports/HTML/636534175593827582/index.htm

https://www.business-standard.com/company/bajaj-fin-3722/information/company-history

https://www.moneycontrol.com/competition/bajajfinance/comparison/BAF#BAF

https://economictimes.indiatimes.com/industry/banking/finance/gdp-growth-not-as-
encouraging-as-it-seems-rahul-bajaj/articleshow/59438673.cms

https://www.bajajautofinance.com/contactus/contact

https://www.moneycontrol.com/competition/bajajfinance/comparison/BAF#BAF

https://www.scribd.com/document/337285819/Summer-Internship-Project-Report
//economictimes.indiatimes.com/articleshow/69226618.cms?from=mdr&utm_source=content
ofinterest&utm_medium=text&utm_campaign=cppst

https://humansofdata.atlan.com/2018/09/qualitative-quantitative-data-analysis-methods/

https://corporatefinanceinstitute.com/resources/careers/interviews/finance-interview-
questions/