In this article, Mitanshi Khandelwal, a student of XIMB who interned at NatWest in the Banking and Finance Domain talks about her summer internship experience. Find out about how she prepared for the summer placements, her onboarding process, her experiences & what her learnings are during this internship.
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Hi, Tell us about how you got selected for this internship? Take us through the moment you realized you had got the internship.
There were two interview rounds after the shortlisting process. Round 1 was a technical round wherein I was asked questions from the accounting and finance domain, then it eventually led to a discussion regarding my educational background and work experiences.
Round 2 was quite general, it was an HR-based round wherein the panelist and I indulged in a discussion and it was a conversational interview.
After the end of round 1, I was quite confident that the panelist liked me for my candor and that's when I understood that I have cracked the interview.
On joining the company as an intern, how has your onboarding experience been like?
Onboarding was a very smooth sail, as before the joining, we had a quick call with the HR wherein she gave us a brief about the day1. After day1, the concerned persons got in touch with us and gave us a brief on our path ahead.
How has your interaction with the team members and colleagues been like? How will you make sure to leave the best impression on your supervisors by the end of the internship?
The team members and colleagues were all interactive and engaging people. We had a zoom call over which everyone welcomed me with warmth and an open arm. They gave a brief introduction about themselves and asked me for the same.
My modus vivendi is to have a growth mindset in everything I undertake. My credo is to give my hundred percent and be vocal. I just followed my credo with the supervisors and gave crisp and informed answers or opinions wherever asked.
Tell us in brief, about the project you are currently working on and how is this project going to help the company?
My project was to analyze and rightsize the settlement exposure. As a part of my project I have examined the utilisations of the products of the bank and resized them to avoid any idle utilisations along with assessing the internal credit appetite to ease the right sizing.
This project would help the company with the following:
- To understand the overutilization/underutilization of the product.
- To assess the net overall exposure that needs to be reported to the authority, so it is updated timely.
- It gives the bank the opportunity to pursue other products within settlement exposure which will be more profitable.
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TIMELINE, PROCESS AND RULES
- You don't need to register on InsideIIM.com or on the Kampus App to take part in Summer Saga Season 8. Simply share your experiences in the Digital Diary. To maintain standardisation, every Digital Diary will have a few questions that you'll need to answer.
- Access all the Digital Diaries forms from here: Digital Diary 1 | Digital Diary 2 | Digital Diary 3 | Digital Diary 4 | Digital Diary 5
- Your overall submission will be evaluated on the following parameters:
-Completeness: This depends on the number of Digital Diaries you have filled.
-Value Addition: This depends on how in-depth your answers have been. The score for this parameter will be given by our Judges.
-Reach: This depends on how many unique people have read your internship experience once we publish the article. We maintain fair play, we will publish all the articles on the same day, so that you can also share the same in your network.
- There is also a title called, ‘Campus With The Most Interesting Interns’ that will be awarded to (a) the campus that submits the maximum number of entries and (b) the campus that submits the best quality entries (based on the score given by our judges). The minimum entries from campus to be considered for this title is 10. So, if you want your campus to win the title then make sure your classmates and other students from your b school share their experiences in this year's Summer Saga Competition.
This competition is broadly divided into four categories. Refer to the table below to know more about prizes in each category.
Prize Money
|
Category
|
|
Banking and Finance
|
Sales, Marketing and General Management
|
Operations
|
HR, Consulting and Others
|
| 1st Prize |
₹ 10,000 |
₹ 10,000 |
₹ 10,000 |
₹ 10,000 |
| Runner Up |
₹ 5,000 |
₹ 5,000 |
₹ 5,000 |
₹ 5,000 |
The 1st Prize winner will also get a one-hour 1-on-1 career guidance session with an industry stalwart, from our panel of mentors in Kounsel.
ABOUT THE JUDGES
Every year, we have Campus Managers from some of the top companies (such as Reliance, HSBC, Flipkart, ABG, HUL, TAS, etc) judging the annual Summer Saga competition. We will release the details of the judges of Summer Saga Season 8 soon!
Check out the previous year's
winners!
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Maybe this will help you reflect and recall these two months as well (which can come in handy when appearing for interviews in the future). InsideIIM is the perfect platform to chronicle your experiences, your highs, your lows and everything in between.
So guys, what are you waiting for? Start writing! You have a voice. You have the experience. Make the best of it!