ACKNOWLEDGMENT

All the praise is for Allah, the most merciful and beneficent, who blessed me with the
knowledge, gave me the courage and allowed me to accomplish this task. I am especially
indebted to all my teachers for instilling in me enough knowledge to be able to carry myself
efficiently during my internship.

Secondly, I am bound to thank all the staff of MCB. In particular I am grateful to Jamil
Ahmed (Branch Operation Manager), Mohsin Hayat (Remittance Section) and Syed Qasim
(Advances Section) their inspiring guidance, remarkable suggestions, constant
encouragement, keen interest, constructive criticism and friendly discussion that helped me to
learn and enabled me to complete this report efficiently.

****************

i
DEDICATION

I dedicate this report to my parents and friends in recognition of their worth and to my
teachers who are the guiding force for me. It is their effort and hard work that showed me the
path of success and prosperity which would be there for me for the rest of my life (Inshallah).

I thank to all those who have generously contributed their theoretical knowledge to this report
including my teachers. Without their understanding and support, completion of this work
would not have been possible.

I hope people find this report useful and the subject matter adds to their knowledge.

“Keep your dreams alive. Understand to achieve anything requires faith and
belief in yourself, vision, hard work, determination, and dedication.
Remember all things are possible for those who believe.” - Merlin Olsen

************

ii
PREFACE
In order to be able to cope with the changing environment it is necessary to have some
practical experience. As the students of Baking & Finance we have to pass through
a series of various managerial techniques. During this practical course we are provided
with an opportunity to learn that how the theoretical knowledge can be implemented in
practical grounds.

I was selected to do my internship in MCB Wapda House Branch, Lahore which was one of
the best branches in Lahore in respect of Business as well as in working environment. I
worked there for one and half month & it gave me a greater practical knowledge about the
operations of a bank. In the following pages I have narrated my experience,
observations & all the working activities which I observed during my six week internship
at MCB Wapda House Branch.

***********************

iii
OBJECTIVES OF INTERNSHIP
The primary purpose of this study was one of the requirements for MBA (Banking &
Finance) degree completion. For this connection each student of this particular course was
required to undertake training in a relevant organization selected by them, for a period of 6-8
weeks.

The secondary purpose of this internship is to understand how the theoretical knowledge can
be applied to the practical situations and examine an organization’s financial issues and
identify its opportunities/ problems and also suggest corrective measures. This internship was
also very necessary to gain confidence and became aware of the mechanisms of an
organization. As an internee I wanted to achieve following objectives during my internship
and organizational study:

 To familiarize with a business organization

 To relate theory with practice
 To acquire good work habits and sense of responsibility
 To enhance my learning experience by application of fundamental concepts
previously learned
 To familiarize with the different departments in the organization and their functioning
 To develop my attitude conducive to effective interpersonal relationships
 I want to enhance my knowledge of the discipline of banking administration.

***********************

iv
 TABLE OF CONTENTS

Executive Summary of Report 1

MCB Executive Summary 2
History of MCB 3
Head office at a Glance 5
Organizational Structure 6
Analysis of MCB 7
Balance Sheet 2007-9 8
Income Statement 2007-9 9
Horizontal Analysis 11
Vertical Analysis 14
Ratio Analysis 17
Knowledge Gained 24
Products of MCB 25
General Banking 30
Accounts Department 30
Remittance Department 38
Clearing Department 41
Cash Department 45
SWOT Analysis 48
Conclusion 51
Charts 52

****************************************