For B-school students, the summer internship is where they learn and build their skills and profile. Moving away from classrooms and heading towards the real-world, internships give students an edge and the opportunity to explore and apply their learnings and make a difference in their growth -- professionally and personally. In this article, Rakesh Joshi from IFMR Graduate School of Business (GSB) - Krea University, shares his RBI internship story.
Jittery yet reeling with excitement, the day I began my internship at the Reserve Bank of India (RBI), I knew that my learning journey was just about to take a brilliant turn. Working under their Department of Supervision (DOS) for a research project on ‘Review of Hierarchical System in Rural Co-operative Banks with Specific Reference to Andhra Pradesh and Telangana’, the internship, albeit remote, was beyond memorable. Much like every other student in the world, I, too, was apprehensive and worried about what it would be like to intern at a legacy organization right in the middle of the pandemic. The internship, however, was packed with insights and a world of learning!
How It Started
Neck-deep in deadlines and assignments, it dawned on me that internship season was around the corner and I had to begin my preparations. Weeks of work and studies resulted in a personal interview as part of the selection process. With a calm mind, I spoke in great detail about the projects I had worked on during my first year of the MBA program at IFMR GSB. From banking ratios to macroeconomics - I shared all my learnings and how my knowledge would make an impact at RBI. Soon enough, I got my confirmation as an intern and the rest, as they say, is history.
How It Went
On the first day of my internship, the onboarding process was smooth and seamless. I still couldn’t believe that I was now officially interning at RBI. After all the documentation processes, I hit the ground running. I was given a brief about the banking landscape in India and how banks have evolved over the years, which then paved the way for my research work. I worked on analyzing the financial health of co-operative banks in Andhra Pradesh and Telangana, assessing them on various parameters. This also gave me an in-depth understanding of new concepts and ideas which I had learned as a first-year MBA student.
The Way Forward
Working remotely, while it’s not a new concept, came with its set of challenges. An MBA program that interweaves liberal arts into its curriculum helps prepare you for these real-world challenges, and that’s why the whole process of pursuing an education and internship virtually wasn’t as difficult as one would’ve imagined. The internship was research-intensive with the added advantage of mentors sharing their views and guiding me in every step of the process.
Right from insightful conversations to discussing the progress of the research project, I am truly grateful to RBI for giving me the opportunity to interact with some of the brightest minds in the country and help me hone my skills. I am also grateful to all the professors at IFMR GSB for always encouraging us to do better and work towards achieving our goals.
Rakesh Joshi
Second-year student of IFMR GSB, Krea University
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Comments
Manish Kaddu
Thank you for writing this .And Best of luck for your journey at JBIMS
16 Apr 2019, 09.08 AM
+Read Replies (1)
Siddhivinayak Shende
Thank you :)
16 May 2019, 11.50 AM |
Rahul Amesar
Thanks for sharing. It was helpful. Can you plz suggest a good source for practice and which test series is apt??
15 May 2019, 08.14 PM
+Read Replies (3)
Siddhivinayak Shende
I used TIME books for practice and concepts. Also IMS mocks are best for CET.
16 May 2019, 11.51 AM |
Rahul Amesar
Thank you. And Best of luck for your journey at JBIMS
16 May 2019, 02.11 PM |
Siddhivinayak Shende
Thank you
24 May 2019, 10.39 AM |
Satish Mange
did you write cat, xat, any other exam or just cet?
20 May 2019, 12.01 AM
+Read Replies (3)
Siddhivinayak Shende
Only CAT and CET
24 May 2019, 10.39 AM |
Satish Mange
your score in cat?\
26 May 2019, 12.47 AM |
Siddhivinayak Shende
96.94 %ile
26 May 2019, 07.04 AM |
Manik Goel
hey,first of all congratulations.can you tell me is it really necessary to give cat or can we give mba cet directly.I am only targeting jbims and i m bit confused whether to give cat or not?
20 Aug 2019, 09.22 PM
+Read Replies (1)
Chirag Chaudhari
Yes, you can target CET directly.
22 May 2020, 12.38 AM |
Anshul Yadav
Are admissions in JBIMS limited only to Maharashtra state domicile students ?
30 Aug 2019, 06.58 PM
+Read Replies (1)
Chirag Chaudhari
18 seats are for non-maharashtra students. They are selected from various exams like CAT, XAT, ATMA, MAT, CMAT, CET, etc (please confirm the list of exams once) But as the no of seats is very limited (only 18), the cutoff is very high. So you kind of need to be a topper of those exams (and if you top in the other exams you have other colleges like IIMs ABC, MDI, FMS, XLRI....ETC) So people who top other exams and go to jb for those 18 seats are going there only for the superb ROI and Mumbai life.
22 May 2020, 12.43 AM |
Ankita Gite
mba aspirant
Thank you so much for sharing this. And whatever amount time is going to be there it seems lesser with every passing day, still, I hope this strategy would help me :)
13 Jan 2020, 08.33 AMEdited