Client Acquisition and Partnering, Data Collection and Management, Gaining Knowledge about the Industry, Solving Prospective Clients Query and Motivate them to Become Partner

Abstract

The main purpose of this project is to understand and gain more knowledge about the financial market. As I am pursuing finance as my major, The summer internship training helped me to gain hands-on experience in the field of finance. In respect to the field of finance, the main task of interns was to gain experience in customer engagement and sales of financial products as well as various challenges faced by N.J. Group (Financial service providers) in dealing with customers and ways to brings in new customers to the organization. I got an opportunity to interact with various types of people with various designations like insurance agents, stockbrokers, financial advisors, Chartered Accountants, etc. We were allotted with the task to convince those individuals to become distributors of our financial products and I got to learn a lot from my unit manager Mr. Shadab Khan of ways to interact and convince prospective customers as well as of financial products. During my Internship, I got to learn a lot about the Indian Financial market. I was placed in the Ratlam office, I also got to learn about the current situation of financial markets in India and the scope and potential that lies in it. As N.J. The group's biggest product was mutual funds, so I got to learn about this product more than any other financial product. I got to know that mutual fund is still a small industry in India, but has a lot of growth potential and business opportunity. Since the company deals in various financial products, the internship helped me to gain experience in the field of finance and marketing and would help me in my future career as well as managing my finances for investments.