Mutual Fund Distributors Recruitment in Open Market

Abstract

A summer internship is an incredibly important component of every management student's MBA career. It gives management trainees a glimpse into what life is like in the corporate world, how firms and departments operate, and how to thrive in it. However, due to the unfortunate circumstances surrounding the global pandemic caused by the spread of COVID-19, all the summer internships were done in an online mode. India is one of the world's fastest-growing FinTech sector. As Asia's largest FinTech finance target market, India has surpassed China. The entire transaction volume of the Indian FinTech industry is expected to increase from $65 billion in 2019 to $140 billion in 2023. NJ Wealth offers the typical person a comprehensive wealth management platform with a wide range of financial and non-financial goods. With over 18 lac investors and INR 1,07,400 crore in mutual fund assets, the business has over 39,800+ NJ Wealth Partners distributed over 95 branches in 19 Indian states. NJ India is an Indian financial services company with about Rs. 95,000 crores in mutual fund assets under management. In the previous 17 years, the company's management team has been able to acquire more than 8 lakh business partners because to its ethnographic expertise. The firm has always had a grateful attitude toward its employees, which contributes to their working satisfaction. Employees are candid about any work-related problems they have and how they feel about the responses they receive from business partners. In terms of workflow, there is strong communication between the lowest and middle management levels. The purpose of the report is ingrain three major components: the sector and the organization with its framework, the projects undertaken and the contribution made to the organization, and finally, the goal of the Summer Internship Program, which includes learnings which inculcate the whole enriching experience I had while doing this internship in NJ Wealth.