Essay about Analysis of Shakespeares Hamlet - 774 Words

An individual plays a vital role in keeping patience to reveal the truth. In the play HAMLET, Shakespeare demonstrates the way of thinking of a character and how they deal with it. Through the comparison of two characters of hamlet and Ophelia, the reader is shown the nobility roles, madness and their tragic deaths after the death of their father. â€Å"O heart, lose not thy nature†. Viewing the wordings of these particular words, we can observe how hamlet endeavors to make himself patient in the position of being dealt as a son, while he goes to his mother. His noble way of controlling†¦show more content†¦For him it was not the right time to do so, which is true. His patience was the reason for his traps to take the revenge for his father’s death, as a result which reveals the truth at the end when Claudius asks for light where there the light is referred to the opening of the truth. On the same parameter, if we see Ophelia, it shows her madness, after her f ather’s death. This was her reaction to her father’s death, as she collected pansies, fennel, columbines and some others after her father’s death to demonstrate love, false promises, repentance and faith fullness. These were the injustices and her reactions to her father’s murder. This was so critical situation that she also commits suicide as it’s the human nature to love their parents no matter how cruel of harsh they may be. As a daughter she loved her father, cared for him and lost her state of mind after his death. And this rushed her to commit suicide, and moreover if we glance at hamlet, his struggle gave him what he wanted, Claudius’s death, and he died as a tragic and ideal prince. â€Å"†¦but I do prophesy that election lights on Fortinbras†. His ideal character and the truthfulness made him to think about Fortinbras, and his status. Hamlet’s patience agreed to the honorShow MoreRelatedPsychoanalytic Analysis of Shakespeares Hamlet1341 Words   |  6 PagesIf one wants to truly understand the psychological implications of William Shakespeares Hamlet, the primary focus should be on the character Hamlet, and how he develops and modifies throughout the play. Using the fundamentals of the psychoanalytic perspective of critical evaluation, one would be able to truly identify and explore the true nature of Hamlet, and the effects that his character has on the situation surrounding him. In order to gain a true understanding of most of the detail that isRead MoreAnalysis of Shakespeares Hamlet720 Words   |  3 PagesCharacter analysis of Hamlet, Ghost, Horatio: Act 1, Scenes 1-5 The story of Hamlet is so famous, it is easy to forget that at the beginning of the play, Hamlet is unaware of the fact that his father was murdered by his uncle. Hamlet begins the play a depressed, angry young man who is barely able to conceal the fact that he despises his new stepfather for marrying his mother so soon after his beloved fathers demise. However, he has no proof that his uncle did anything wrong at first. In fact, theRead MoreEssay on A Critical Analysis of Shakespeares Hamlet1132 Words   |  5 PagesA Critical Analysis of Shakespeares Hamlet Dave Beaston Hamlet. Is he an insane madman or a revengeful, scheming, genius? There are many conflicting ideas and theories on this subject, and hopefully this paper may be of some assistance in clearing up the confusion. The paper is divided into three separate analytic sections beginning with the beginning of Hamlets so called madness, and why it may have occurred. Next, is an analysis of why Hamlet delays revenging his fathers death.Read More Critical Analysis of Shakespeares Hamlet Essay examples640 Words   |  3 PagesCritical Analysis of Shakespeares Hamlet What is mans purpose in life? Is there a purpose? If there isnt, then is it wise to end it, despite the fact that there might be nothing better? In Hamlet, by William Shakespeare, Hamlet struggles with these and other issues. He states that the question of life is To be, or not to be...? Is existence really worth the troubles of life? In this monologue, Hamlet is wondering what is his purpose. He asserts that the only reason people endureRead MoreEssay about Analysis of William Shakespeares Hamlet895 Words   |  4 PagesAnalysis of William Shakespeares Hamlet The entire world, be it in the past, present or future, is entirely made up of a series of events inspired by a series of actions. The character Hamlet is a very careful man in determining how his actions will followRead MoreAnalysis of Ophelias Character in Shakespeares Hamlet Essay1159 Words   |  5 PagesIn the English play Hamlet, Shakespeare incorporates deep analytical thought in his writing by the use of character, symbolism, and motifs. Specifically, readers can find these characteristics through analytical reading of the character Ophelia. While initially reading the story, Ophelia represents a character that is typical of the women in the 1600s, one who is too submissive and directed by the people around her. First impressions of Ophelias character seem much too simplistic- one that is emotionallyRead MoreEssay on Literary Analysis of Shakespeares Hamlet1159 Words   |  5 PagesHamlet by Shakespeare is a very wonderfully written book that contains so many literary elements and motifs throughout it that it is still one of the most debated and talked about pieces of literature ever written. It begins with a very mysterious opening that sets the pace for the rest of the book. The old king of Denmark has died and he has returned as a ghost to inform his son, who is also named Hamlet, of the terrible misfortune that has befallen him and left Denmark in a political and emotionalRead MoreAn Analysis of Queen Gertrudes Position in King Hamlets Death in William Shakespeares Hamlet1056 Words   |  5 PagesAn Analysis of Queen Gertrudes Position in King Hamlets Death in William Shakespeares Hamlet Usually in a playwright, one of the authors objectives is to keep the viewer or reader confused or disconcerted about certain events in the plot. Certain characters in a play or story that have concocted covert schemes to perhaps murder or frame somebody, may have confusing effects on the viewer. Depending on the way the plan was developed in the plot the viewer may have to stop and ask themselves;Read MoreAnalysis Of The Elizabethan Era And Shakespeares Hamlet807 Words   |  4 PagesThe Elizabethan Era and Shakespeare’s Hamlet In a dramatic work that displays a story of tragedy and revenge, William Shakespeare’s Hamlet, is about a prince who discovers his father was murdered by his uncle. Prince Hamlet later becomes infatuated with thoughts of revenge which introduces the plot of the play. Written during the Elizabethan era, Shakespeare incorporates aspects of that time in order to engage the audience. Hamlet’s soliloquy in act four scene four, lines 33-66, targets the originalRead MoreCharacter Analysis Of Horatio In Shakespeares Hamlet938 Words   |  4 PagesIn Shakespeare’s play, Hamlet, Horatio is Hamlet’s confidant as he plots revenge against King Claudius, the murderer of King Hamlet. He listens to Hamlet’s secrets without revealing them to the other characters. He is essentially the keeper of all truth. Unlike the other characters, Horatio seems to be the only character that Hamlet could trust without fearing that he would betray him. He is known for his logic and sanity, which is the complete opposite of Hamlet’s impulsive behavior. Although subtle

Controversy On Luxuries On Prisons - 1615 Words

Marina G Burruel Mrs. Martinez English 7-8 (1B) January 20, 2015 Controversy on Luxuries in Prisons In today s prison system of the United States, over 75% of the prisoners have the right to many luxuries while incarcerated instead of getting punished for the crimes committed. In fact, many inmates receive better health care than most people in the United States. Certainly, inmates have more luxuries than the citizens who work hard for them. With that in mind, inmates may consider jail better than the real world. No doubt inmates deserve treatment of an adult for the crimes they have committed. But also should get the punishment they deserve. In today s world, inmates are not fully punished for the crimes committed. Inmates, while incarcerated, receive better medical care than most citizens in the United States. According to a 2008-2009 report done by the Legislature Analyst Office, it costs California over twelve thousand four -hundred and forty-two dollars per inmate for health care each year, which includes medical care, psychiatric serv ices, pharmaceuticals, and dental care (page 2). Prisoner F received a lifesaving surgery that cost over two-hundred fifty thousand dollars. The only prison affiliated contact prisoner F had while in the hospital was the fact that he had a chained ankle bracelet which had him handcuffed to the hospital bed. Just as they receive the best medical care in the United States, they are also known to have many luxuries which hardShow MoreRelatedKyocera Essay1159 Words   |  5 PagesHaving systems in place that can adapt to change and the changing organizational goals, and expansion globally is another important skill that Inamori showed. For this assignment you are to read Benetton Group S.p.A.: Raising Consciousness and Controversy with Global Advertising as it appears on pages 559-561 in your text and Volkswagen AG; The Second Times the Charm for Would-Be Global Automaker as it appears on pages 627-629 in your text. After reading these cases, use the internet, courseRead MoreThe Death Penalty Is A Humane Or Inhumane Form Of Justice1731 Words   |  7 Pagesthe people who are interested in the particular case know what the last moments the criminal may have experienced. Despite the small groups of people who allowed to bear witness to the execution, large groups of people are often seen outside the prison to either protest or support the death penalty. Most of the protestors stand outside so they can have their opinions heard in the media through the television or newspapers. This was seen in the case of Carla Faye Tucker who was â€Å"the first woman toRead MoreThe Positive Effects of Having Sport Activities for Prisoners1706 Words   |  7 Pagesactivities will occupy the prisoners by providing mental, physical, and emotional release and reducing the boredom of daily life in prison. The rapid growth in prison populations in most of the Western societies during the last decades has probably increased the interest in knowing the effects of sport and physical activity on prisoners and how these activities are developed in prison settings (Gehre Vonck, 2012). There are three areas in which people identify an interest about the issues. The areas areRead MorePros And Cons Of Capital Punishment1319 Words   |  6 Pagesbeing. There is much controversy in the punishment of offenders who have committed murder. It is the maximum sentence a person can receive if the crime of murder is committed. Some would say it is inhumane and not a real punishment because the person cannot serve an experience punishment through death. Other perceive death as being just because of the belief in â€Å"Eye for an eye.† The pros and cons differ as to whether it is effective in deterrence and reducing overcrowded prisons. The results areRead MorePrison Overcrowding : The Unit ed States1535 Words   |  7 Pages 2017 Prison Overcrowding The United States has the highest number of incarcerated individuals than other countries. Offenders are arrested every day for minor and major offences such as murder. America is hard on crime. When someone breaks the law the criminal justice’s system seeks an eye for an eye. 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Having personally experienced the horrific conditions of the Gulag camp system, Alexander Solzhenitsyn wrote theRead MoreAnalysing Movies that Have to Do with Marxism, Panopticism and Globalization1693 Words   |  7 Pages Panopticism, a term created by the French Philosopher by the name of Michel Foucault, states that, metaphorically, citizens of a society are being watched as if they were all part of a jailhouse being observed by a prison guard who is invisible to the prisoners. The Prison guards could be anything from a neighbor, a cell phone, and the Government itself via security cams, web cams, or individuals of authority such as police officers. The movie that could best represent this theory is, TheRead MoreGovernment Surveillance Has Been The Government Leaks Caused By Edward Snowden1464 Words   |  6 Pagescountries, to CEOs and workers at technology companies, to everyday Americans wondering just how much information the government has filed on them. 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A Look at Megan’s Law Free Essays

string(45) " know the possible danger of their presence\." Issues of crime and punishment are often at the center of controversy.   In part, this is certainly because often, the issues raised in matters of crime and punishment do not have easy answers and sometimes, there may not be any solution at all.   Certainly, each time a legal matter arises, even with similar circumstances, the resolution to such matters can be complex and can differ with each and every case. We will write a custom essay sample on A Look at Megan’s Law or any similar topic only for you Order Now    We can gain some understanding as to the difficulty in deciding how to view and treat such matters by considering the case of Megan’s Law. On July 29, 1994 Jesse Timmendequas, already a convicted sex offender at the time, is believed to have used a puppy to lure Megan Kanka, the 7-year-old daughter of his neighbors, into his home in Hamilton Township, Mercer County, NJ and brutally raped and murdered her (Flanagan, 2004; Vachss, 1994).  Ã‚   Once inside, Timmendequas is said to have slammed Megan’s head into a dresser and suffocated her with a plastic bag before strangling her to death with a belt.   Subsequently, he moved and raped Megan’s dead body again before dumping the body in a nearby park in West Windsor, NJ. Timmendequas was convicted of murder and sentenced to death for his crime.   After his conviction, New Jersey passed a law that has come to be known as Megan’s law.   The law was designed to protect a community when dangerous sex offenders move into the community.   Some states require notification only for certain types of sexual assaults while other states extended the requirement to individuals convicted of sodomy or consensual sodomy, an act that was illegal in some states even between consenting adults before the U.S. Supreme Court declared such laws unconstitutional in June 2003. Timmendequas’ actions and the subsequent legal proceedings raise questions as to just how such a situation, or any similar serious legal situation should be handled.   Was he treated fairly?   Did the Kanka family receive proper legal restitution for the crime?   How should such cases be handled?   We want to use the Megan Kanka/Jesse Timmendequas case to ask four basic questions and seek the answers to similar questions.   First, what are the goals of punishment? Is it actually the â€Å"punishment† of the individual who committed the crime, protection of the community, both, neither or more?   Second, in situations of serious crimes of this nature, should offenders be subjected to a lifetime of repayment for their crimes after serving their allotted term of imprisonment?   Third, when considering punishment, are the rights of the victim, the community or the offender more important; are all the rights equally important?   Finally, what goal(s) was(were) the Criminal Justice System attempting to achieve by instituting Megan’s law. Megan’s Law has been the focus of considerable controversy and heated debate.   After Megan’s rape and murder, there was considerable controversy regarding the question of whether the Kanka family may indeed have known that a sex offender (not necessarily Timmendequas, however) lived in the house across the street.   Although the Kanka family denied having any knowledge of Timmendequas’ criminal past as a sex offender, there was evidence to suggest that it was common knowledge that at least one of the residents of the house where Timmendequas lived had a criminal past that included sexual assault, rape and gang shootings. (Vachss 1994) Even before Megan’s rape and murder, law enforcement officials knew that three convicted sex offenders lived in the house where Timmendequas lived.   Although Megan’s parents’ claimed not to have been aware of this fact, some of their neighbors did know of the three men’s past.   Even so, Maureen Kanka, Megan’s mother, felt that people should not need to rely on gossip and rumors in order to learn about the presence of convicted sex offenders in their neighborhood. Perhaps first and foremost in any legal situation is the question as to the goal(s) of punishment.   What exactly are the goals of punishment?   Punishment for crimes is supposed to be to deter crime.   Punishment penalties and law are based on utilitarianism, the idea that there should be no unnecessary punishment (UBSBA).   This idea says that we should evaluate laws on the basis of future consequences and suggests that punishment is always bad because it causes pain. Thus, â€Å"The reason to punish is to prevent future crime and the limit is to punish only if the pain is outweighed by the happiness it creates.†Ã‚   Crime and Punishment theory proposes the four questions should be asked when analyzing legal theories of punishment.   They are, 1) Is the punishment to prevent future crimes or to punish past misconduct, 2) Does the theory of punishment assume that the crime was caused by the individual or social problems, 3) Does the theory express blame for the proscribed act and actor and 4) What is the relationship between the criminal and the rest of society?   That is, is the criminal part of society or excluded from society?   The threat of punishment is believed to stop rational people from doing something that ultimately will not be to their benefit, but the deterrent value of punishment is only thought to be effective if people are aware of the punishment prior to committing crimes. Megan’s law was not meant to be a form of punishment.   Rather, it was designed to be an act that would provide information to prevent potential crime in situations where the potential may be real.   Some have argued that the law may lead to vigilantes formed against convicted sex offenders and the harassment of those offenders, but that was not the intension of the law.   Its purpose was to enhance public safety.   Although former sex offenders may be harmed by the law, supporters of the law claim that whatever incidental inconvenience or harm the former sex-offender may suffer as a result of the law is an unavoidable consequence of their own past illegal behavior.   It does not outweigh the community’s right to know the possible danger of their presence. You read "A Look at Megan’s Law" in category "Essay examples" This case raises the question, â€Å"Should offenders be subjected to a lifetime of repayment for their crimes after serving a term of imprisonment?†Ã‚  Ã‚  Ã‚   This is not an easy question to answer.   Theoretically, a person should not need to continue to pay for past crimes a second time, or continue paying for them once they have paid, but that idea is fraught with problems and more or less impossible to enforce.   In fact, it is also impossible to determine what actually constitutes â€Å"payment for crime.† In life, individuals may pay for things they have done long after they have done whatever it was even if their legal payment has been completed.   We may pay in terms of paranoia, feelings of guilt and other mental and psychological payments long after any legal payment or even without legal payment.   So, psychological repayment for crimes may continue for a lifetime even if social and legal repayment do not.   A person’s own mental and psychological retribution for their acts may continue indefinitely. Many psychological situations are viewed as diseases even though we don’t really have a definition for (or officially believe in the existence of) the soul.   Psychology, for example, is, by definition, the study of the soul, but if asked, most people, including psychologists and psychiatrists would state that psychology is the study of the mind.   Ironically, psychologists do not officially believe in the existence of the mind either! Furthermore, sex offenses are often treated as if such crimes were caused by a disease or were a disease themselves.   However, even with real or other diseases (if we allow, just for the sake of argument, that some such offenses are the results of disease), there is no hard and firm definition of a disease even in situations where virtually everyone would agree that the situation (such as with cancer of cardiovascular disease) is a disease. The â€Å"retribution† theory of punishment holds that individuals should only be punished if they have done something wrong and their punishment should be in proportion to the wrong they have done.   This theory proposes that it is right to inflict pain, but recognizes that the innocent can get punished for things they did not do.   This is certainly a very serious consideration in any case of capital punishment. In other situations, an alleged criminal may eventually get a reprieve and be exonerated for a crime he or she did not commit even though their exoneration might come until after they have lost a few or even many valuable years in prison serving a term for a crime they did not commit.   However, in capital cases, exoneration is of little value after the alleged individual has been executed, and certainly, the criminal justice system must have executed many innocent individuals over the years. In such cases, both the known victim(s) of the crime and the individual accused of the crime become victims while the guilty party may permanently escape justice.   No one is punished for the crime because the individual who is punished is innocent.   So, the actual criminal has more or less committed an additional crime and gotten away with it. Whose rights are most important?   This question cannot be answered as asked.   The answer is not merely a matter of rights, but more a matter of safety.   The intent is to err on the side of safety, so the initial question has more to do with, â€Å"What will render the individuals of a community safe† than â€Å"Whose rights are most important†, certainly an important issue as well.   Some feel that Megan’s law gives a false sense of security.   Statistics from the Bureau of Justice indicate that the overwhelming majority of sexually assaulted minors were victimized by family members or acquaintances rather than by strangers. In fact, these statistics suggest that those who appear on a sex offenders registry would not really significantly resolve the problem of sex offenses against minors.   Thus, laws directed against the occasional stranger who might sexually assault minors would be like the tip of an iceberg in dealing with the actual problem.   Most victims will still be victimized and most of those guilty of the offense will never serve justice.   With the guilty party still free, laws similar to Megan’s law would not really make most people any safer even if made people feel that way. However, statistics from the Bureau of Justice also indicate that sex offenders discharged from prison or sentenced to probation generally have a lower rate of re-arrest than other violent offenders but are substantially more likely than other violent offenders to be rearrested for a new violent sex offense (U.S. Department of Justice Press Release).   In cases of rape alone, execution is not an option.   Some have proposed that rapists be castrated (Vachss, 1993).   Castration is thought to emanate the male sex drive, but castration won’t prevent murder as was the case in Megan Kanka’s situation and some individuals get a vicarious thrill from the act of murder itself. Ultimately, the questions raised here are neither easy or straightforward.   Society may find those individuals who have committed violent sex offenses, try them, convict and sentence them and the accused individual, whether or not actually guilty, may pay for the crime.   However, it is certain that some guilty individuals will never be found, some innocent individuals will pay for sex (and other) crimes they have not committed and the laws designed to make society safer will work successfully at times and not at others. Perhaps we must live with the realization that answering the difficult questions raised here will not resolve our dilemma no matter what decisions we are ultimately to make.   All that we can actually do is to put laws in place that we believe will achieve a goal and then deal with every situation that arises on a case by case basis.   If we are honest and fair with our assessment, we will not trample the rights of victims nor victimize criminals any more than is necessary, if at all.   Our goal must be to try to be fair while protecting the safety of communities and those who live in them.   While we will never get the balance completely right, fairness is the key. References Flanagan, Russ.   â€Å"Megan’s legacy, A child’s death serves as a call to action†.   The Express Times, February 26, 2004. Vachss, Andrew.   â€Å"How Many Dead Children Are Needed to End the Rhetoric?†Ã‚   New York Daily News, August 12, 1994 Vachss, Andrew.   â€Å"Sex Predators Can’t Be Saved.†Ã‚   New York Times, January 5, 1993 Wikipedia, February, 7, 2007. ;https://en.wikipedia.org/wiki/Murder_of_Megan_Kanka#Jesse_Timmendequas; 4 January 2007. How to cite A Look at Megan’s Law, Essay examples

Online Music Library Mangement System Project Proposal free essay sample

From the simple clapping of hands and the singing of a melody to the act of playing instruments, music is linked to our history our present and our future. Depending on how one defines music, you could say that everything in the universe has music within it. Music can be defined as the organization of vibrations in time. So it is no longer just the obvious birds and whales and other animals that can make music, but also down to the microscopic scale, the vibrations Of a cell or an atom can be considered music of a sort. Some even believe that the universe itself is simply one huge symphony, sending vibrations across time and space.Development of an online management system for a music store requires Java as programming language and MYSELF as data stores in order up to build up an absolute working system. Technology determines music. Despite the variety of sounds that could be called music and despite the many different animals, cultures, and time periods music has existed in, for virtually all of musical history there has been a common link. We will write a custom essay sample on Online Music Library Mangement System Project Proposal or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Music was always an active and present experience. If you wanted to hear music you ad to either play it yourself or go listen to someone else perform.Five major music inventions in the last 100 years the phonograph, radio, home recording, the walkway, and digital music have in turn affected the musicians, the society, and the personal experience of how one listens to music. The digital age If any one event changed the way we listen to music it is the digital age. Digital music allowed people to send copies of songs across the world with a click of a button. You no longer had to know the person who was sharing their music with you, nor did it take any physical act besides clicking buttons. The music existing experience had changed once again.Now music was as most kids said it should be, mobile, unlimited, and most important, free. Anapest. Anapest, the most famous music swapping venue, was a revolution in music. Spencer E. Ante wrote about Anapest in a Business Week article before the company was forced to shut down. The companys bold new way of distributing music by enabling individuals to share each others personal music collections pioneered the creation of a much bigger idea: So-called peer-to-peer computing, a way of sharing information by hooking up the contents of an individuals computer into a global information index that there can use, Ante said (3).The way we listen to music has surly changed in the last one hundred years as we have seen. However, maybe we are not as isolated as it may appear on first blush. Yes, we can isolate ourselves with our I-pods as we walk down the street, but at the same time, we are connected to the whole world with our computers. The important thing to always remember is that music is and should always be a shared experience for people, a connection, and a real, tangible thing. Let us hope that the future does not take that from the world. Riyals) 3. 2 Literature Review 32. 1 Problem Domain Developing an online management system for a Music store primarily helps the musician, event organizers, and fans as a whole since their every demand can be fulfilled by a single system. For instance, uploading every detail about a Band can help to promote them while this system turns out to be the perfect spot for them as every fine details Of the Band is uploaded. Moreover, fans are directly benefited by this system as well.They can explore new bands, read about them, follow their concerts, listen to the song, or even purchase album online or purchase their favorite artists merchandise. So, in order to meet all those requirements, a new system can be developed. 3. 2. 2 Similar System 3. 2. 2. 1 Metal-archives Encyclopedia Metallic: The Metal Archives is a website which lists bands from various forms of heavy metal music. It was described as the Internets central database for all that is true in the metal world by Matt Sullivan of Nashville Scene.Terrorize described the site as a fully-exhaustive list of pretty much every metal band ever, with full discographies, an active forum and an interlinking members list that shows the ever-incestuous beauty of the metal scene. Nevertheless, there are exceptions for bands which fall under disputed genres not accepted by the website. Encyclopedia Metallic attempts to provide comprehensive information on each band, such as a discography, logos, pictures, lyrics, line-ups, biography, trivia and user- submitted reviews. The site also provides a system for submitting bands to the archives.

The Study Of Western Political Thought Has Endured A Drastic Change Th

The study of western political thought has endured a drastic change throughout the centuries. This shift occurred through the queries of ancient philosophical minds such as Plato, Aristotle, the Stoics, and St. Augustine. Two examples of great importance are the inequality of gender and the role of power distributed and issued within the state. Plato believed all people, men and women alike are created equal; this notion runs parallel to our modern day Constitution. He states "if we are to set women to the same tasks as men, we must teach them the same things," they must endure "training for the mind and body and also be taught the art of war" (149). Plato developed a role known as a guardian or a soldier to protect over the people. He relates this to the fact that if watchdogs can be both male and female why can't guardians. Aristotle is known as Plato's greatest pupil. He was strongly influenced by the teachings of Plato but was also known for ridiculing some of his ways. His view of women is drastically different from those of Plato. By nature, he says, women are to be dominated by men. Aristotle refers to women as imperfect men. He acknowledges that women can possess reason, but can not obtain the same stature as men. Aristotle believes the only purpose that women serve is to provide matter for the child and the men provide the form. His ideas of form and matter are very different from that of Plato, since his beliefs are void of matter holding only form as the essence behind life. The beginning of Stoic philosophy formed a totally different view on the idea of equality. Equality was no longer devised with respects to a community in the whole, but rather as individuals. The Stoics developed a system consisting of three classes. Everyone within each particular class was considered equals. They were strong followers of the concept of natural law, which meant both men and women can reason. Their reasoning was treated in the same respects no matter what gender; this statement is very different from that of Aristotle. Zeno, the founder of the Stoics, believed in the notion of brotherhood among all, men and women alike. St. Augustine took the Stoics ideas of equality one step further. His views pertain to that of the Christian approach. Augustine believed that people were all equals within the City of God. Spiritually women were identical to men, but physically they shared many differences. This idea of equality holds true even to present day. These paragraphs demonstrate a tremendous change in the equality of women within society. Another example that was greatly impacted by these time periods was the change in the role of power distributed and issued within the state. Plato held the belief of the philosopher king. He believed to ensure the ideal state "either philosophers (were to) become kings in their countries or those who are now called kings and rulers come to be sufficiently inspired with a desire for wisdom" (179). Plato believed only the wise could execute proper justice. A just city is an ideal city for Plato, one in which the philosopher was in total control. Aristotle's views greatly differ from Plato's. Aristotle believed that each individual in their self made the polis. He compares having only one person as a "hand" (112) without a body, put that hand with the rest of the body and it can work to its fullest potential. This describes individuals working as a whole to better the polis. By including all citizens Aristotle believed he had created the ideal city. During the time of the Stoics, many important philosophers gave their opinions about the issues of authority within the state. As stated previously, Zeno was a strong believer of the brotherhood among all. The Stoics notion of natural law granted all people within the state, of any class, to be offered the ability to share their opinion of government. Another philosopher, Polibius, agreed with Aristotle's concept of mixed constitution. Government was gradually moving away from the days of Plato. Augustine defined the Christian rule of the Church over state. In order to have the ideal government, Augustine believed law should co-relate to that of the Church.

HRM Practice on Jamuna Bank Essay Example

HRM Practice on Jamuna Bank Essay Example HRM Practice on Jamuna Bank Essay HRM Practice on Jamuna Bank Essay Background of the study: Introductory Part 1. 1 Preface: In today’s world, education is the imperative tool for understand the real world and apply knowledge for betterment of the society as like as in business sector. From the education session the theoretical knowledge is obtained from various analyses throughout the programs, which is only the half way of the subject matter. As practical orientation is an integral part of the BBA program, every student is sent by the department to different organization to take real life exposure from the activities of the organization, which is known as â€Å"Internship Program†. That program is taken when the student is at the leg of his/her Bachelor Degree. Internship program brings student closer to the real life situation and thereby helps to launch a career graduates within the local environment with knowledge and skill to provide leadership in enterprise, public service and Welfare of Their society. Internship placement of this department is a step towards fulfilling this commitment by giving students an opportunity to get ready for the real world before they enter their practical life. Involvement of the banking sector in different financial events is increasing day by day. At the same time the financial arena is becoming faster, customer focused and its involvement got unavoidable in their everyday life. Now a day, it has become essential for every person to have some ideas on the economics and mostly on banking procedure. In the internship program, each student is attached with an organization . Under this program students of BBA faculty must go through an internship program of 3 months duration. After completion of several credit theories from the department of the Business Studies faculty, students are sent to different organizations to expose them real life scenario . The theoretical knowledge that students acquire from class lecture, books, journals, case studies, seminars etc is replenished in the practical settings. My internship placement was at Jamuna Bank Limited, Jubilee Road Islamic Banking Branch. I was asked to prepare internship paper on the assigned topic of â€Å"Prospectus of HRM Practice in Private Bank by a Case Study in Jamuna Bank Ltd† 1. 2 Objective of the study: A. General: The general objective of this study is to know about HRM system Problem in private banks in Bangladesh regarding Jamuna Bank Ltd that has been performed by HRD. B. Specific: * To familiarize with practical job environment. * To have an exposure on the financial institutions such as banking environment of Bangladesh * To gain experience on different functions of banking business in Bangladesh. * To know about the Human Resource practice in Jamuna Bank Ltd in banking sector. * To know about the Human Resource policies and practices at Jamuna Bank Ltd. * To know about Human Resource planning in Jamuna Bank Ltd. * To gather the actual knowledge about the Human Resource operations in the organizations. * To know about the training development methods. To know performance appraisal system. * To identify the problems if any. * To provide suggestions. * To identify the problem and the lacking of man power. * To identify the problem of HRM departments * To provide the solution for better HRD system * To ensure the workforce regarding HRM 1. 3 Methodology of the Study: In order to complete this report I proceeded through a work plan. I physically visit ed and discussed with executives of Jamuna Bank Ltd become conversant with the banks philosophy, working procedures, management system and decision making process of the banks. The details of the work plan are furnished below: Primary Data: * Practical work exposure. * Face to face conversation with respective officers stuffs. * Data collection by own supervision. Secondary Data: * Annual report 2010 2011 of Jamuna Bank Ltd. * Official website of the bank. * Various books, Articles etc. * Periodicals published by Bangladesh Bank. 1. 4 Data collection method: * Relevant data for this report has been collected primarily by direct investigations of different records, papers, documents etc. perational process and different concerned personnel. The interviews they’re administered by formal and informal discussion. No structured questionnaire has been used. Information regarding office activities of the bank has been collected through consulting bank records and discussion with office personnel. Data Strategies: * The information and data for this report have been collected from both the primary and secondary Strategies. 1. 5 Scope of the study: The stud y is only related in Jamuna Bank Limited, Jubilee Branch, and Chittagong. This report focuses on the overview of management organizational structure and mainly HRM Policy others functional departments such as Accounts, Foreign Exchange Remittance, Loan Advance, customer service, SME etc. I have learned the procedure and policies relevant to their work. 1. 6 Limitations of the study: Although I have got co-operation from employee of Jamuna Bank Ltd, Jubilee Br. they also gave me much time to make this report properly in the way of my study, I have faced many problems that may be termed as the limitation/shortcoming of the study. . Time limits: It should be certainly mentioned that the time constraints is that first limitation of the study. Only three months is not sufficient for gather prefect knowledge on the vast area of the â€Å"Human Resource Management its problems† 2. Data Collection: In some cases they could not be able to supply my topic related data for preparing a more in depth presentation. It was also seen that maximum time they a re found busy and many officers related my topics are not able to give enough time and briefings due to insufficiency of time. 3. Lack of Practical Knowledge: For the lack of their practical knowledge, some shortcoming may be available in the Paper. In some cases, I could not practically involve because of bank’s limitations and for riskiness. 4. Personal Limitations: My personal limitations also contributed greatly in making the study. 2. 1 Banking System in Bangladesh: Banks constitute an important segment of the financial infrastructure of any country. The economic history of many countries reveals that economic development and growth of financial infrastructure go hand in hand. Bangladesh Bank is the central bank of the country that controls the total banking system of the state. Structure of Banking System in Bangladesh is as follows: Bangladesh Bank Development Financial Instructions Commercial Banks Specialized banks Nationalized Commercial Banks Denationalized Banks Private Commercial Banks Banks run on Islamic Principals Foreign Banks 2. 2 Role of Private Banks in the Economic development of Bangladesh: Now days, private bank deal with a large number of matters. By introducing medium of stocks, share and other valuables they help economic activities of this country. Bankers collect a small amount of deposits from the public and help in the formation of capital and simultaneously help in the development in the industry, commerce, trade, agriculture etc. by providing loans and advances to entrepreneurs. They advance money on securities, and issue letters of credit, traveler’s cheques, ATM credit cards; circular notes etc. moreover, private banking companies may engage themselves in the following activities: * The Borrowing, raising or taking up the money Acting as a agents for the government or local authority or any other persons * Contracting for private or public loans and negotiating and issuing the same * Underwriting, participating in management and carrying out of any issue, public or private of government, municipal or other loaners of shares, stocks, debentures of any company, corporation of association and the lending of money for the purpose of any such issue * Carrying in and transacting every kind of guarantee and industry bus iness * Managing, dealing and realizing any property that may come into the possession of the company in satisfaction of its claims. Acquiring and holding and generally dealing with any right, title or interest in any such property which may be connected with any such security. * Undertaking and executing trust * Undertaking the administration of estates as executor, trustee or otherwise. These services of the private banks make major role in the economic development of their country. The prime objectives of the private bank are to help industrialization and commerce in the country and thereby contribute its mite to the national development. With these ends in view it has planned diversified investment portfolio. 2. 3 Historical Review of Jamuna Bank Limited: Jamuna Bank Limited (JBL) is a Banking Company registered under the Companies Act, 1994 with its Head Office at Chini Shilpa Bhaban, 3, Dilkusha C/A, Dhaka-1000. The Bank started its operation from 3rd June 2001. The Bank under takes all types of banking transactions to support the development of trade and commerce of the country. JBLs services are also available for the entrepreneurs to set up new ventures and BMRE of industrial units. Jamuna Bank Ltd. the only Bengali named new generation private commercial   bank was established by a group of winning local entrepreneurs conceiving an idea of creating a model banking institution with different outlook to offer the valued customers,   a comprehensive range of financial services and innovative products for sustainable mutual growth and prosperity. The sponsors are reputed personalities in the field of trade, commerce and industries. The Bank is being managed and operated by a group of highly educated and professional team with diversified experience in finance and banking. The Management of the bank constantly focuses on understanding and anticipating customer’s needs. The scenario of banking business is changing day by day, so the banks responsibility is to device strategy and new products to cope with the changing environment. Jamuna Bank Ltd. has already achieved tremendous progress within only ten years. The bank has already ranked as one of top quality service providers is known for its reputation. At present the Bank has real-time centralized Online banking branches (Urban Rural) throughout the Country having smart IT-Backbone. Besides these traditional delivery points, the bank has ATM of its own, sharing with other partner banks Consortium throughout the Country. 2. 4 Current Profile of Jamuna Bank Ltd: Within a short span of time Jamuna Bank has established itself as one of the fast growing local private banks. It has at present a network of 68 branches serving many of the leading corporate houses and is gradually moving towards retail banking. Another significant delivery channel is its own as shared ATM Network. Jamuna Bank has a network of 63 ATMs out of which 30 ATMs are ts owned. The other 33 are under common ownership as a member of Cash Link Bangladesh. Since its humble beginning in 2001, it set milestone by acquiring the business operations. The Board of Jamuna Bank comprises 15 Directors who possess a wide range of skills experiences over a range of professions. Md. Belal Hossain is the Chairman of the Board is the vice chairman of the board. The asset and liability growth has been remarkable . By Dec 2011 the total asset of the Bank grew to Tk. 7,712,39,07,521, increase of almost 28. 65% comparing to 2010. Deposits of the bank Are Tk. 6,067,35,64,672 during. Loans Advances reached Tk. 52,706,325,403. In 2011, Jamuna Bank achieved an operating profit of Tk. 991,180,577 Compared with Tk. 756,465,783 in previous year, a growth of 37. 39%. Jamuna Bank has been actively participating in the local money market as foreign currency market without exposing the Bank to vulnerable positions. The Bank’s investment in Treasury Bills and other securities noticeably opening up opportunities for enhancing income in the context of a regime of gradual interest rate decline. Jamuna Bank is maintaining its competitiveness by leveraging on its Online Banking Software and modern IT infrastructure. It is the pioneer amongst the local banks in introducing innovative products like internet banking, and under the ATM Network the Stellar Online Banking software enables direct linking of a client’s account, without the requirement for a separate account. Jamuna Bank has acted as the lead arranger in rising term loan for a number of projects under syndicated finance and also participated in some cases under such financing arrangement . The management of Jamuna Bank is determined to maintain and upgrade the quality of these Resources through continuous training upgrading technology to keep pace with market demands, new developments and practices of the competitors. Jamuna Bank entered the market at a line when economic policy environment of the country is poised for higher levels of business activities and growth. The prevailing macroeconomic management and the government’s determination to carry on reforms in the banking sector provide a supporting and encouraging environment. The bank has been restructured their seven main business which are responsible for earning the revenues of the bank. These are: Corporate Banking Personal Banking International Trade Finance Offshore Banking Services SME Banking Treasury and Cards 2. 5 Authorized Paid-up Capital: The Authorized Paid-up capital of the bank are tk 2,230,088,400. 2. 6 Corporate Information: Auditors: ACNABIN. Chartered Accountants BDBL Bhobon (13thFloor) 12 Kawran Bazar Commercial Area Dhaka 1215, Bangladesh. Registered Office:Jamuna Bank Limited Head Office 3, Dilkusha C/A, Dhaka 1000, Bangladesh Tel: 9570912, 9555141, Ext. 130 Fax: 880-2-9565762 website: www. jamunabankbd. com Engr. A. K. M. Mosharraf Hussain Al-haj M. A. Khayer 2. 7 Board of Directors: Golam Dastagir Gazi (Bir Protik) Fazlur Rahman Md. Sirajul Islam Varosha Md. Mahmudul Hoque MajumderShaheen Mahmud Md. Ismail Hossain Siraji Farhad Ahmed Akand Kanutosh Gazi Golam Murtoza Siraji Engr. Md. Atiqur Rahman Al-HajNur Mohammed A. S. M. Abdul Halim Independent Director 2. 8 Mission, Vision Slogan: MISSION: The Bank is committed to satisfying diverse needs of its customers through an array of products at a competitive price by using appropriate technology and providing timely service so that a sustainable growth, reasonable return and contribution to the development of the country can be ensured with a motivated and professional work-force. VISION: To become a leading banking institution and to play a pivotal role in the development of the country. SLOGAN: â€Å"Your partner for growth† MANAGING DIRECTOR / CEO 2. 9 MANAGEMENT HIERARCHY OF JAMUNA BANK LTD: DEPUTY MANAGING DIRECTOR SENIOR EXECUTIVE VICE PRESIDENT (SEVP) EXECUTIVE VICE PRESIDENT (EVP) SENIOR VICE PRESIDENT (SVP) VICE PRESIDENT (VP) FIRST VICE PRESIDENT (FVP) ASSISTANT VICE PRESIDENT (AVP) FIRST ASSISTANT VICE PRESIDENT (FAVP) SENIOR EXECUTIVE OFFICER M. T. O. EXECUTIVE OFFICER SENIOR OFFICER PROBATIONARY OFFICER OFFICER JUNIOR OFFICER ASSISTANT OFFICER BANKING OFFICER TELLER / TRAINEE OFFICER / RECEPTIONIST 2. 10 Functions of Jamuna Bank Ltd. i. The Main task of Jamuna Bank Limited is to accept deposited from various customers through various accounts. i. Provide loans on easy terms and conditions. iii. It creates loan deposits. iv. The bank invest it fund into profitable sectors. v. The bank is doing the transaction of bill of exchange, cheque etc. on behalf of the clients. vi. Jamuna Bank Ltd. assists in the Foreign Exchange by issuing Letter of Credit. vii. The Bank issues securities of valuable documents of clients. viii. It brings the increasing profit of dimension of transaction. 2. 11 Values of Jamuna Bank Ltd: Strategies of Jamuna Bank Ltd: To manage and operate the Bank in the most efficient manner to enhance financial performance and to control cost of fund| * To strive for customer satisfaction through quality control and delivery of timely services| * To identify customers credit and other banking needs and monitor their perception towards their performance in meeting those requirements. | * To review and update policies, procedures and practices to enhance the ability to extend better service to customers. | * To train and develop all employees and provide them adequate Resources so that customers needs can be reasonably addressed. * To promote organizational effectiveness by openly communicating company plans, policies, practices and procedures to employees in a timely fashion| Objectives of Jamuna Bank Ltd: * To earn and maintain CAMEL Rating Strong| * To establish relationship banking and improve service quality through development of Strategic Marketing Plans. | * To remain one of the best banks in Bangladesh in terms of profitability and assets quality. | * To introduce fully automated systems through integration of information technology. | * To ensure an adequate rate of return on investment. * To develop and retain a quality work-force through an effective human Resources Management System. | Business Objectives of Jamuna Bank Ltd: * Ensure 100% recovery of all advances. * Ensure a satisfied work force. * Make a sound loan and investment. * Build up a low cost fund base. * Meet capital adequacy recruitment at all the time. * Focus on fee based income. 2. 12 Products services of the jamuna bank ltd. 2. 12. 1 Corporate Banking The motto of JBLs  Corporate Banking services is to provide personalized solutions to their customers. The Bank distinguishes and identifies corporate customers need and designs tailored solutions accordingly. Jamuna Bank Ltd. offers a complete  range of  advisory, financing and operational services to its corporate client groups combining trade, treasury, investment and transactional banking activities in one package. Whether it is project finance, term loan, import or export deal, a working capital requirement or a forward cover for a foreign currency transaction, their Corporate Banking Managers will offer you the accurate solution. Corporate Banking business envelops a broad range of following sectors mainly: * Agro processing industry * Industry (Import Substitute / Export oriented * Textile Spinning,   Dyeing Printing  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Export Oriented Garments, Industries. Food Allied Paper Paper Products Engineering, Steel Mills Chemical and chemical products etc. * Telecommunications. * Information Technology * Real Estate Construction  · * Wholesale trade * Transport  · Hotels, Restaurants  · * Non Bank Financial Institutions Loan Syndication  · * Project Finance  · Investment Banking * Lease Finance  · Hire Purchase  · Intern ational Banking  · * Export Finance * Import Finance 2. 12. 2 Deposit: A strong deposit base is necessary for success of a Bank. During the year 2011 the Bank mobilized a substantial amount of deposit from mid-level income group people under Short Term Deposit (STD). Total Deposits in the year 2011 was TK. 62,875,675,561. JBL offers the following key Personal Banking Services: * Current Deposit Account * Savings Deposit Account * Short Term Deposit Account * Fixed Deposit Account No limit to the number of withdrawals * No minimum balance fee * Statement of account at their desired frequency * Free cheque book * Q-Cash Round the Clock Banking * All types of general banking facilities * Deposits : Graphical view (in millions) 2011201020112010 2. 12. 3 Loan Advance: Advances constitute the most significant indicator of the health of a Bank. The bank has formulated its policy to give priority to Small and Medium Enterprise (SME). And at the same time the bank is financing large-scale enterprise through consortium of banks. Jamuna Bank is committed to maintain a very high quality of assets. Close monitoring and efficient asset management has resulted in minimal creation of classified loans to total loans and advances. Total Loans and Advances amounted Tk 2,671,524,596 in 2011 against TK 1,072,839,508 in 2010. Jamuna Bank’s Advance portfolio is well diversified and covers a wide range of business and industries. The sectors financed include Manufacturing, Trading, Construction, Agriculture, Fishing Forestry, Pharmaceuticals, Information Technology, Customer Credit and Steel amongst others. 2. 12. 4 Personal Banking Division: Personal Banking Division (PBD) introduces to the customers with a variety of products. Their PBD continuously meets the challenges of developing new products and services to match the specific requirements of customers. Personal Banking Division (PBD) issues both VISA Debit Cards and VISA Credit Cards. VISA is the renowned Card brand in the earth. Jamuna Bank Limited is a principal member of VISA Worldwide. Remittance Cell is another successful wing of the Personal Banking Division. Their product range includes: 1) VISA Debit Cards You can now avail the convenience of VISA Debit Card. It is the easiest and the most secured way of utilizing their money for 24/7 retail purchases as Well as cash withdrawal. VISA Credit Cards The JBL Credit Card gives you a fast, convenient and reliable way to pay, 24 theories a day, wherever you are in the world. * VISA Classic * VISA Gold 2) International Credit Cards – JBL International Credit Cards (VISA) allows you flexibility and convenience when you travel internationally. The VISA International card entitles you to exclusive discounts worldwide. * VISA Dual (Gold) 3)JBL Remittance Cell – â€Å"Remit Fast† is the motto of JBL Remittance Cell. It provides the best faster services to its customers and connects the world through the renowned money exchange agencies. Such as Placid Nk Corporation, Moneygram Payment System Inc. 2. 12. 5 International Trade Finance: International Trade forms the major business activity undertaken by Jamuna Bank Ltd. The Bank with its worldwide correspondent network and close relationships with key financial institutions provides an extensive trade services network to handle their transactions efficiently. Their key branches throughout the country and Offshore Banking Unit (OBU) are staffed by personnel experienced in International Trade Finance. These offices are the focal point for processing import and Export transactions for both small and large corporate customers. They offer a complete range of Trade Finance services. Their professionals will work with you to develop solutions tailored to meet their requirements, through mobilizing their full range of trade services locally, and drawing on their global Resources. They can offer you professional advice on all aspects of International Trade requirements, namely: * Issuing, advising and confirming of Documentary Credits. * Pre-shipment and post-shipment finance. * Negotiation and purchase of Export Bills. * Discounting of Bills of Exchange. * Collection of Bills. * Foreign Currency Dealing etc. Offshore Banking Services Jamuna Bank Limited offers the following range of Offshore Banking services:- * Foreign Currency Deposits (Non Resident entities and NRBs), * Loans in Foreign Currencies, * Credit Facilities including Trade Financing, * Negotiation / Purchase of Export Bills, * Discounting of Export Bills, * Corporate Treasury Services etc. 2. 12. 6 NRB- Banking Foreign Remittance: Jamuna Bank Ltd is one of the most technologically advanced private commercial bank in the country having wide branch associate network throughout the Country. All the branches are running with real-time Online and ATM facilities to settle their transaction from remote areas. They have dedicated NRB desk to ensure personalized services to the valued customers at branch Head Office Level. They have an admirable Remittance Tie-up with a good number of world renowned Exchange Houses and Banks throughout the World to facilitate the Remittance services to the beneficiaries in both as Instant Cash (payment over the counter) and Account credit. Besides Their 66 branch network and ATM outlets throughout the Country, They have also a strong Remittance Settlement Network with different associate Banks, NGOs and Post Office, which cover more than 1000 remote locations throughout the Country. Their main purpose is to cater to the needs of NRBs their beneficiaries offering different products and services both deposit and investment like, FC A/C, NFCD A/C, FC Term Deposit, Wage earners development Bond, USD Premium Bond, USD Investment Bond, Govt. Treasury Bond, Investment in Capital Market through None Resident Investment Taka Account (NITA), Monthly Deposit Scheme, Monthly Income scheme, Double/ Triple growth deposit Scheme, Lakhopoti Deposit Scheme, Millionaire Deposit Scheme, Kotipoti Deposit Scheme, Education Savings Scheme, Marriage Deposit Scheme, Consumer Credit, etc. Prioritizing the needs of NRBs, They are in process to offer different personalized products services by establishing JBL own Exchange Houses in different Countries like UK, USA, Malaysia, Singapore, Italy, Spain, Australia, Japan, etc. They value their customers to provide prompt efficient services offering best competitive price for their hard-earning Foreign Currencies to facilitate Bangladesh bound remittance globally. 2. 12. 7 REAL ESTATE FINANCING Home ownership is a basic need and a dream of every individual. Since housing industry plays a vital role in the national economy, their bank has come forward for Real Estate financing for Individual as Developers. The main objective of Real Estate Financing is to promote Real Estate Developers and Individuals. Scope of Real Estate Loan: * For Construction of Residential Building [CRB] For Construction of Commercial Building [CCB] * For Flat Purchase [FP] * For Building Purchase [BP] * For Developers [DEV] * Purpose: 1) Construction / Extension / Renovation of Residential / Commercial Building. 2) Purchase of Building /Flat /Office Space /Chamber /Shops. * Minimum Income : 1) Net Income/Take home salary will be at least Tk. 40,000/-[forty thousand] per month. * Maxi mum Loan Size : 2) For Flat Purchase Tk. 75. 00 (seventy five) lac 3) For Building Purchase/Construction of Residential Building Tk. 100. 00 (one hundred) lac * Maximum Loan Tenure ) Up-to 15 (fifteen) years including 01(one) year grace period. * Maximum Loan Ratio: 2) 50% of total Purchase Price for Flat / Building. 3) 60% of total Construction cost for Residential/Commercial Building. 2. 12. 8 Credit Facilities: * The main focus of Jamuna Bank Ltd. Credit Line/Program is financing business, trade and industrial activities through an effective delivery system. * Jamuna Bank Ltd. offers credit to almost all sectors of commercial activities having productive purpose. * The loan portfolio of the Bank encompasses a wide range of credit programs. Credit is also offered to major thrust sectors, as earmarked by the govt. , at a reduced interest rate to develop frontier industries. * Credit facilities are offered to individuals including housewives, businessmen, small and big business hous es, traders, manufactures, corporate bodies, etc. * Loan is provided to the rural people for agricultural production and other off-farm activities. * Loan pricing system is customer friendly. * Prime customers enjoy prime rate in lending and other services. * Quick appreciation, appraisal, decision and disbursement are ensured. Credit facilities are extended as per guidelines of Bangladesh Bank (Central Bank of Bangladesh) and operational procedures of the Bank. 2. 12. 9 Foreign Trade: International Trade forms the major business activity undertaken by Jamuna Bank Ltd. The Bank with its worldwide correspondent network and close relationships with key financial institutions provides an extensive trade services network to handle their transactions efficiently. Their key branches throughout the country and Offshore Banking Unit (OBU) are staffed by personnel experienced in International Trade Finance. These offices are the focal point for processing import and Export transactions for both small and large corporate customers. They offer a complete range of Trade Finance services. Their professionals will work with you to develop solutions tailored to meet their requirements, through mobilizing Their full range of trade services locally, and drawing on Their global Resources. They can offer you professional advice on all aspects of International Trade requirements, namely: * Issuing, advising and confirming of Documentary Credits. * Pre-shipment and post-shipment finance. Negotiation and purchase of Export Bills. * Discounting of Bills of Exchange. * Collection of Bills. * Foreign Currency Dealing etc. 2. 12. 10 Import Business: The Bank gained amounting to TK 67,434,512 during 2011 showing a growth of 30. 0% over the volume of Tk. 51,239,873 in the year 2010. 2. 12. 11 Export Business: The total export handling by the bank amounted to TK. 3,965,839,730 for the year 2011 compared to TK 1,372,200,000 for 2010. Import Export: Graphical View 2. 12. 12 Corporate Banking: The motto of JBLs  Corporate Banking services is to provide personalized solutions to their customers. The Bank distinguishes and identifies corporate customers need and designs tailored solutions accordingly. Jamuna Bank Ltd. offers a complete  range of  advisory, financing and operational services to its corporate client groups combining trade, treasury, investment and transactional banking activities in one package. Whether it is project finance, term loan, import or export deal, a working capital requirement or a forward cover for a foreign currency transaction, Their Corporate Banking Managers will offer you the accurate solution. Their corporate Banking specialists will render high class service for  speedy approvals and efficient processing to satisfy customer needs. 2. 12. 13 International Trade Finance: International Trade forms the major business activity undertaken by Jamuna Bank Ltd. The Bank with its worldwide correspondent network and close relationships with key financial institutions provides an extensive trade services network to handle their transactions efficiently. Their key branches throughout the country and Offshore Banking Unit (OBU) are staffed by personnel experienced in International Trade Finance. These offices are the focal point for processing import and Export transactions for both small and large corporate customers. They offer a complete range of Trade Finance services. Their professionals will work with you to develop solutions tailored to meet their requirements, through mobilizing their full range of trade services locally, and drawing on Their global Resources. They can offer you professional advice on all aspects of International Trade requirements. 2. 12. 14 Shop Finance Scheme: Objectives: 01. To enable the small business community to run the business smoothly 02. Facilitating  expansion of the existing businesses 03. To improve the banking habit of self employed persons 04. To diversify banks lending to Small ; Medium Enterprises (SME) which are considered as less risky and help community developments. It may be noted down that the government is also encouraging investment in SME sector. 2. 12. 15 Consumer Banking: The consumer finance center has diversified its products ; facilities along with various incentives to customers having long relationship through recurring deposit accounts. They provide consumer loan for various products which are given below. . 12. 16 Q-Cash Round The Clock Banking: Jamuna Bank Q-Cash ATM Card enables you to withdraw cash and do a variety of banking transactions 24 theories a day. Q-Cash ATMs are conveniently located covering major shopping centers, business and residential areas in major cities. The network will expand to cover the whole country within a short span of time. With their Jamuna Bank Q-Cash ATM ca rd you can: * Cash withdrawal Round The Clock from any Q-Cash logo marked ATM booths. * POS transaction (shopping malls, restaurants, etc) * Enjoy overdraft facilities on the card (if approved) Utility Bill Payment facilities * Cash transaction facilities for selective branches nationwide   * ATM service available in Dhaka and Chittagong Withdrawal allocated from ATMs of Jamuna Bank Ltd. , AB Bank, The City Bank, Janata Bank, IFIC Bank, Mercantile Bank, Pubali Bank, Eastern Bank Ltd. respectively * And more to come Is Q-Cash In line with the issuance of Q-cash products JBL is going to introduce VISA card very soon. 2. 12. 17 Product Service on Credit: Product Service Consumer Credit Scheme (Coverage) Debit Cards Credit Cards Commercial Credit 1. House finance 2. Auto loan 3. Consumer durable loan 4. Loans for Professionals 5. Unsecured Personal loan 6. Senior citizen support 1. ATM Card 2. Credit Card 1. Over Draft (OD) 2. Secured Over Draft (SOD) 3. Term loan Other Facilities: Export, Import Post Import Financing (L/C,BBLC,LTR,PC) 1. Bills discounting 2. Bills purchase 3. Bank guarantee 2. 12. 18 Trading of Government Treasury  bond Other Govt. Securities: Jamuna Bank Limited has been nominated as a Primary Dealer by the Bangladesh Bank for trading 5 years 10 Years Treasury Bonds and other Government Securities. 1. Eligibility criteria: )Individuals and institutions resident in Bangladesh, including provident funds, pension funds, bank and corporate bodies shall be eligible to purchase the BGTBs. b)Individuals and institutions not resident in Bangladesh shall also be eligible to purchase  Ã‚   the BGTBs, with coupon payment and resale/redemption proceeds transferable abroad in foreign currency subject to fulfillment of conditions as mentioned in the Bangladesh Govt. Treasury Bond Rules-2003. 2. Loan facility: JBL offers loan up to 95% of the present value of the bond/other securities against lien of the above instrument for their customers. Interested Financial Institutions/Corporations/Insurance Companies/ Individuals are requested to contact the Bank in the following address: 2. 12. 19 Remittance: Jamuna Bank has been involved in serving the remitter for the last 6 years and the volume of remittance is increasing every year . In 2011 , it reached Tk. 15,555 million . At present, the Bank’s global partners in remittance system are 21 in numbers. * 5 Years Performance of Remittance : (million) 2. 12. 20 Highlights of Jamuna Bank Ltd’s Performance: * Table-2. 1: Highlight of BA Ltd. Performance Particulars| 2010| 2011| Deposits and other accounts| 60,673,564,672| 62,875,675,561| Loans Advances| 1,072,839,508| 2,971,524,596| Foreign Trade| 83,697,730| 87,536,380| Investment| 10,891,022,386| 12,228,148,092| Total Assets| 71,063,772,785| 77,123,907,521| Operational Profit| 35,582,311| 632,114573| Profit After Tax provision| 140,684,279| 330,571,434| Import| 50,985,000| 67,378,308| Export| 25,155,309| 30,953,405| Remittance(Inward)| 11,648,300| 15,555,120| Classified Loans| 172,670,535| 785,078,887| Earnings Per share (TK. )| 60,820,590| 90,456,885| Net Assets Value Per Share (TK. )| 191. 14| 230. 98| Return on Equity| 25. 00%| 42. 03%| Proportion of Value Addition : Year 2011 2. 12. 21 Islamic Banking Operation: To meet the growing demand of Muslim people Jamuna Bank Ltd. introduced Islamic Banking alongside the conventional banking through opening of Islamic Windows at its Jubilee road Branch, Chittagong Noyabazar Branch, Dhaka on 24. 12. 2010. The operation of Islamic Window is totally different from the Bank’s conventional operation as the former operate their business on the basis of Islamic Shariah. Income sharing module, a unique model of Jamuna Bank Ltd, is a vital element of Islamic Banking operation. The management of the Bank already planned to open new branches with Islamic Banking covering the whole country. All Islamic Banking activities are guided monitored by the Shariah Council of the Bank. The Shariah Council consists of 11 members including some elite Islamic scholars of the country. The Islamic Banking Wing started with some customer focused products, like * Mudaraba Savings Scheme (MSS) * Al-Wadiah Current Account (AWCA) Mudaraba Special Notice Deposit Account (MSND),M * Mudaraba term Deposit Account (MTDA), * Mudaraba Hajj * Mudaraba Deposit Pension Scheme (MDPS), and * Mudaraba Monthly Profit Paying Deposit Scheme (MMPPDS). 2. 12. 22 ATM: Currently Jamuna Bank customers have access to 63 ATMs . Out of which 30 are banks owned and 33 are under common ownership as member of Cash Link Bangladesh . The Bank is in the process of setting up its own ATM network at eve ry important point in Dhaka, Chittagong, and other areas of the country with a view to providing retail banking service. . 12. 23 Treasury Foreign Exchange: Bank’s treasury sells foreign currencies to its customers for import payment and buys foreign currencies from exporters out of their export proceeds and inward remittance from various exchange houses. Along with managing local currency , Treasury monitors Bank’s inflow and outflow of foreign currency . 2. 12. 24 Online Banking: Jamuna Bank Limited has introduced real-time any branch banking on April 05, 2005. Now,  customers can withdraw and deposit money from all branches located throughout the Country. Their valued  customers can also enjoy 24 theories banking service through  ATM card from any of Q-cash ATMs  located at different location throughout the Country. All the existing customers of Jamuna Bank Limited will enjoy this service by default. Key features: * Centralized Database * Platform Independent * Real time any branch banking * Internet Banking Interface * ATM Interface * Corporate MIS facility Delivery Channels: * Branch Network * ATM Network * POS (Point of Sales) Network * Internet Banking Network 2. 12. 25 Foreign Currency Accounts: Following the liberalization of exchange controls Bangladesh Bank has authorized the banks to maintain different types of foreign currency accounts and convertible taka accounts. The following are the regulations laid down by Bangladesh in respect of these accounts. 2. 12. 26 SWIFT Jamuna Bank Limited is the member of SWIFT (Society for Worldwide Inter-bank Financial Telecommunication). SWIFT is a member owned co-operative, which provides a fast and accurate communication network for financial transactions such as Letters of Credit, Fund transfer etc. By becoming a member of SWIFT, the bank has opened up possibilities for uninterrupted connectivity with over 5,700 user institutions in 150 countries around the world. SWIFT No. : JAMUBDDH 2. 12. 27 Trading of Government Treasury Bond Other Govt. Securities Jamuna Bank Limited has been nominated as a Primary Dealer by the Bangladesh Bank for trading 5 years 10 Years Treasury Bonds and other Government Securities. 1. Eligibility criteria: i) Individuals and institutions resident in Bangladesh, including provident funds, pension funds, bank and corporate bodies shall be eligible to purchase the BGTBs. i) Individuals and institutions not resident in Bangladesh shall also be eligible to purchase the BGTBs, with coupon payment and resale/redemption proceeds transferable abroad in foreign currency subject to fulfillment of conditions as mentioned in the Bangladesh Govt. Treasury Bond Rules-2003. 2. Loan facility: JBL offers loan upto 95% of the present value of the bond/other securities against lien of the above instrument for their customers. 2. 12. 28 Operating Profit: (in millions) Operating Profit After Tax: 2. 13 Human Resource Management: Human Resource Management is the process of acquiring, training, appraising and compensating employees and of attending to their labor relationship, health and safety. It is concerned with â€Å"people† dimension in management . The five basic function of HRM are given below. * Planning * Organizing * Staffing * Leading * Controlling To get effective and efficient output from the organization’s most valued assets , the bank creates an atmosphere so that people can contribute individually and collectively to achieve the objectives of the bank . nowledge and skill development is a continuous process to keep the employees abreast of all the latest developments in the banking sectors , the bank continues to organize various training programs and workshops . Now total number of regular employees is 1,031 . 2. 13. 1 Corporate Social Responsibility (CSR): Corporate Social Responsibility (CSR), also known as corporate responsibility, corporate citizenship, responsible business, sustainable responsible business (SRB) and corporate social performance is a form of corporate self-regulation integrated into a business model. Ideally, CSR policy would function as a built-in, self-regulating mechanism whereby business would monitor and ensure their adherence to law, ethical standards, and international norms. Business would embrace responsibility for the impact of their activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. Furthermore, business would proactively promote the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere, regardless of legality. 2. 13. 2 SWOT Analysis: SWOT Analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective. 2. 13. 3 Performance Appraisal: The assessment of how successful employees have been at meeting their individual goals, therefore, becomes a critical part of Human Resource Management. This leads us to the topic of performance appraisal. There are basically three purposes to which performance appraisal can be put. * It can be used as a basis for reward allocations. * This appraisal can be use for identifying areas where development efforts are needed. * The performance appraisal can be used as a criterion against which selection devices and development programs are validated. HRM in Jamuna Bank 3. 1 HRM of Jamuna Bank: The organization has its personal department. This department maintains all activities of Bank under direction of Bangladesh Bank. The main objective of this department is to manage the human assets of the organization. HR management is a part of every organization. This includes placing the right person in the right job, and then orientating, training, and compensating to improve his/her job performance. Like any organization Jamuna Bank Limited also believes, Employees are the most valuable assets in the organization. Human Resource Division is responsible for the dimension of people of the organization. The responsibilities are to hire competent people, train them, and assist them to perform at high levels and mechanism to ensure that these employees maintain their productive affiliation with the organization. Human Resource Division of Jamuna Bank Limited is solely responsible mainly for recruitment, training and development, ensuring compensation and benefits of staffs, performance appraisal and rewards. With all those core functions Human Resource Division linkage its operations meet the organization’s main objectives. 3. 2 Human Resource Department (HRD) of Jamuna Bank: Human Resource Division of Jamuna Bank is one of the most valuable departments with the responsibilities of staffing, training and development, organization development, performance appraisals, rewarding, control and maintenance etc. The HRD of Jamuna Bank consists of competent and experienced executives to carry out the whole responsibilities. The Human Resource Division of Jamuna Bank stands in its Corporate Office at mail Branch under the direct supervision of the top management. 3. 3 Function of HRD: * Improving performance. * Ensure the right person at right job. * Improving the Employee Efficiency. * Arranging training program. * Compensating employees. * Promotional activities. * Ensuring skilled people. * Performance evaluation of the employee 3. 4 Organ gram of HRD of Jamuna Bank: Head of HRD Operations Remuneration Training ; Development Management Information System 3. 5 HR Practices of Jamuna Bank Limited: HR Planning Orientation Recruitment Selection Training ; Development Performance Evaluation Compensation ; Benefit Career Development 3. 6 Recruitment/Appointment: Recruitment ; Selection process starts with employment or personnel planning. This is the process of deciding what positions the firm will have to fill and how to fill them. Recruitment procedure is commerce within the bank due to turnover, promotion, retirement, new business strategy, etc. Strategies of Recruitment: Bank recruit its manpower from two Strategies: Internal Training * External Training 3. 7 Trainee Officer: On need basis, whenever a vacancy arises by various reasons or new business need; recruitment will be made through a basic job related written test and an interview session commanding by the Head of Human Resources. Suitable candidates are selected from the dropped application for various post and high recommendations. Minimum qualifi cation for this level is graduation from any reputed university. 3. 8 Management Trainees: Management trainees are required on planned basis to develop a team of young potential fresh graduates as future leaders of the bank. The numbers of selection determined every year depending on the changes in business and turnover. The selection process is done through a stiff competing method. The candidates are expected to be with high academic performance from any reputed University. Written exam covers information technology, mathematical aptitude, English, general knowledge, economics and general questions. After primary selection candidates have to face a long interview session with the top management. After all procedure there is few candidates can convince the higher management and appointed as Management Trainee of Jamuna Bank. . 9 Lateral entry: External recruitment at any level made only when, internal successor is not available or totally a new position created for the business need or/and a technical job arises. This may be done by publicizing the position opening through newspaper advertisements in leading national dailies or throughout the online job portal as Jamuna Bank is the corporate client of à ¢â‚¬ËœBD Jobs† 3. 10 Employment offer: The Employment offer is made after finishing all the selection procedure duly approved by the Managing. Employment offer consists of joining open period, particulars of salary, position etc. ith the employment offer the required documents and pre-medical tests report are asked by the HR department. 3. 11 Probation period: Employees appointed from trainee officer to officer level will be on probation; normally one year. The probation period for the management trainee is six month from the date of joining. This period will provide the new employees the opportunity to appreciate whether the job is suitable for him/her. 3. 12 Confirmation: On satisfactory completion of probation period and recommendation by the functional head the incumbent will be confirmed as the permanent employees of Jamuna Bank. . 13 Dismissal: An employee will be dismissed from the bank’s service if he or she is found guilty of misconduct or whatsoever according to the report of the enquiry committee. The concerned dismissed employee will get only the own contribution of his/her provident fund. 3. 14 Discharges on Medical Ground: If an employee is incapable to continue his/her service for continue ill health, mental abnormality and disorder, then the management may discharge him/her from service on medical ground.. 3. 15 Training and Development: Bank’s policy is to train and develop employees at all levels so that they can contribute towards the organization’s growth and also enhance their own development. Development is seen as a joint responsibility of the individual and his/her manager. Training needs will be identified and individual during the performance appraisal process and employees will be nominated to various programs of the following types * Induction (to orient the new entrant about the organization) * On the job training * Function based skill training * General management training 3. 16 Performance Appraisal System (PAS): Performance appraisal system (PAS) is the tool by which They measure the performance of an individuals and identify the gaps and plan future development in order to enable a better feet between the jobs and the incumbent. It is an HR process for driving business results. It is defining in advance what they must do as an individual to win in the market place and later on assessing the performance based on the extent to which they achieve result. Performance appraisal system is quite structured that it can measure of assess both goal (What) and the management competencies (How). 3. 17 Appraisal Process: Establish performance standards Communicate performance expectations to employees Measure actual performance If necessary initiate corrective action Discuss the appraisal with the employee Compare actual performance with standards 3. 18 Appraisal Methods: The previous section described the appraisal process in general terms. They now want to move from the general to the specific. In this section, they will look at hoe management can actually establish performance standards and device instruments that can be used to measure and appraise an employee’s performance. Three different approaches exist for doing appraisals. Employees can be appraised against: * Absolute Standards Essay Appraisal Critical Incident Appraisal Checklist Graphic Rating Scale Forced Choice Behaviorally Anchored Rating Scales (BARS) * Relative Standards Group Order Ranking Individuals Ranking Paired Comparison * Management by Objectives (MBO) Salaries: Employees joining against a post will receive the salary as per the grade they join in. The employees who are in probation will be eligible to join the PF only after their confirmation. Salaries increase which is linked with the performance of the individual employee per calendar year. Any request for information relating to salary should be directed to the Human Resources Department. Increments: Salary increases once a year on the basis of increment policy to all employees who have performed satisfactory in the given year for a minimum period of 180 days after confirmation of service. One may not receive any increment on a given year as a penalty on account of any offence/disciplinary measure. Promotion: Promotion depends on the availability of a position in the higher grade and a proven track record of an individual’s capabilities of taking over the management committee decides to upgrade the job. Promotion to the rank and status of executive level depends on the management committee. All promotions shall be approved by the management committee. * In the event of promotion/up-graduation to a higher job grade, the employee will receive an increase of his/her previous basic salary and all other allowances applicable in the higher grade. End of Service Benefits (EOSB): This is the mix of benefits he/she will gain after leaving the company normally. It will be the blends of provident fund, gratuity, loan deductions, service excellence etc. after resignation FR department takes one month to calculate and issue EOSB to that ex-official Festival Bonuses: The following employees normally to receive festival bonus as under- | Employment category| Payment system| 1| All regular officers and staff| One month’s basic pay both in Eid-ul-Fitre and Eid-ul-Azha. | 2| Officer on contract| As per contract| 3| Officer/employees on probation or who have not completed six month’s service. | 50 % of basic| 4| Executives’ personal drivers/ outsider employees/workers| Monthly consolidated wages | 4| Officer/employees on probation or who have not completed six month’s service. | 50% of basic | | Performance Bonus: The Bank may award performance bonus from time to time depending on the actual profit made in a given year. This bonus is subject to payment only upon approval. . This bonus will only be awarded to those who have completed 180 days confirmed service with the bank and made significant contribution towards achieving the profit target over and above the normal target. Convence: Convence is paid to the employees according to their position and cost Break down of monthly salary of Jamuna Bank: Head of Accounts| Taka per Month| Basic Pay| | House Rent Allowance| | Conveyance Allowance| | Medical Allowance| | Utility Allowance| | Entertainment Allowance| | Leave Fare Concession| | Personal pay| | 3. 19 Future planning of HRD of Jamuna Bank: It is to mention that the Human Resources Department of Jamuna Bank is under massive reconstruction under supervision of new Chairman ; Head of Human Resources. This is expected that within the end of this year the HRD of Jamuna Bank will get new look to its internal customers; strengthen on. * Performance Appraisal tool * Training need identification * On the job training * In house training * External training Hire of reputed faculty * Overseas/regional training * Long service awards * Cultural evenings * Family day * Event based dinner/lunches * In house magazine * Meetings * Memorandum * Electronic bulletin board. 3. 20 SWOT Analysis HRD of Jamuna Bank: Strength Open HR Manual: The Human Resources Manual of Jamuna Bank is open to all of its entire employee give total understanding of the terms and condition of the organization to its entire employees to assist the benefits and growth they can ever achieve and the role of Human Resources Department with all other departments of the organization. Employee Work Force: The Human Resource of Jamuna Bank is well prepared and perfectly managed. As from the very first, top management beloved in empowering employees, where they refused to put their finger in every part of the pie. Strong Bonding and Belongingness: Jamuna Bank’s employees are one of the major assets. The employees of bank have a strong sense of commitment towards organization and also feel proud and a sense of belonging towards Bank. This strong organizational culture of Jamuna Bank is a main strength of the organization. Information Technology: Online banking, email, personal computer for all employee enabled the employees work easier and faster with full of professionalism. All kinds of Benefits, salaries, monetary rewards directly given to employee’s bank account through STELAR. Employee Evaluation: Employee evaluation process by Human Resources Division became strength for its fair judgment and put trust among the employees of other department on Human Resources Department. Regional Banking: Regional banking means the core function of any region is coordinated by the regional head, such as Recruitment. Competitive Salary and Low Turnover: The salary package of Jamuna Bank is very much competitive to the market demands, so the turnover of manpower is decreasing day by day. Service Excellence: Employee’s code of conduct or service manual is practiced y by the employees. There is a coordination of HRD to measure the perfect evaluation of the employee’s performance. Weakness: Job Description: Job description is a necessary accomplishment should have for each position for recruiting the most suitable candidate on the basis of skill and experience required. Still hundred percent job descriptions on the basis of skill and experience required. Still hundred percent job descriptions is not prepared or collected by the HR Division. HR Accounting: Human Resources accounting is a strong tool for matching the benefits of each new recruitment done in the organization, calculation turnover, etc. Human Resources Division of Jamuna Bank is not yet established this practice. Compensation and Benefits: Compensation and benefits of Jamuna Bank’s employees is provided by the Human Resources Division through software which is not easy to use. Opportunity: Human Resources Information System: Human Resources Information System is must for a corporate environment like Jamuna Bank. Jamuna Bank has its own HRIS. Research and Development: Though Jamuna Bank has almost all due capabilities to command extensive research and development activities, Jamuna Bank done a little in this. Training and Learning: Training and learning is the core function for making the executives cope with the new scenario and make then update and knowledgeable. Jamuna Bank is going to utilize its fullest capacity and enthusiasm in this regard. Threats: New/Multinational Companies/Bank Policy: New multinational companies and bank policy as threat to Jamuna Bank in respect of increasing the salary expectation of the employees and new HR practices that turning the existing employees dissatisfied. Bangladesh Bank Regulation/Legislation: The regulation and legislation of Bangladesh bank is randomly changing the scenario of the human Resources policy and scope suddenly. 3. 21 Problem identification Traits| Descriptions| Problems Rate (%)| Standard is not yet Set| First problem of Human Resource Division is the level of standard which is not yet up to the mark. The operation and workflow of the department is still complex. | 40%| Identical HR Policy| After 11 years of business excellence, an individual Human Resources policy is absent. The existing policy demands refurbishment to set unique standard. | 60%| Lack of Proper Development| In HR Division there is the huge lack of development activities, the employee joining Jamuna Bank should be taken under a cordial orientation program which is absent. 30%| Lack of Proper Training| Proper training is very important issue for the employee specially occupy with the financial organization. In Jamuna Bank proper training need requirement is not justified rather done by the employee’s personal interest| 30%| Performance Appraisal System| Performance appraisal system is very important issue for Human Resource Department as it is the benchmark on which the promotion, incre ment, performance bonus, reward ; recognition are done. The existing system is not justified; from the previous experience it was found that the rating does not bear the true demonstration of the overall performance. The difference between the five rates is not properly measured and somewhat biased in many cases. | 60%| Human Resource Impact| After passing its 11 years anniversary of its service still Human Resource Department is acting as Human Resource Department than act as Human Resource Business partner. | 20%| 4. 1 Identical Human Resource Policy: There should be a unique HR policy in the organization immediately; through the recognition of HR policy is under progress supervised by the Manager and the head of HR. 4. 2Human Resource Development: There should be all kinds’ development activities as individual, career and organizational by the Human Resource Department for enhancing the employee’s growth as Well as achieve organizational hierarchy. 4. 3 Training Need Assessment: Jamuna Bank has all the potential capabilities to make its employee more efficient and help being the future leader. Training is a common practice for the employees of any bank. This training should be organized by the human Resource department only through need assessments. it can be examines through the performance evaluation process by which HRD will determine where he/she should have some more exposure. 4. 3 Performance Appraisal System: The existing appraisal system can be changed or modified and new system could be developed which will articulate the accurate picture. The criteria of evaluation should cover more competencies of an employee. 4. 4. 1 Linkage among Other Division: For better services, HRD must establish a proper linkage within the other functional departments. A department like HRD cannot perform in isolation where Human Resource Department is in the core of all other department. 4. 4. 2 Reward and Recognition: Only higher salary package cannot satisfy a self motivated and exposed employee in higher level. The employee wants recognition and reward for their self actualization. 5. 1 Conclusion ; Remarks: As an omnipresent financial organization in today’s cosmopolitan economy, banking sector deals with the shrewdest part of the economy. If is notably important for a country to ensure quality banking service for fertilizing the economic sector and enhancing the overall business and manufacturing environment of the country that will ultimately accelerate the national growth wheel. In recent times in Bangladesh banking industry has been considered the most prospective, compared to the other service sectors, for their quality service and transparency. At past only the government banks Are in operation and people had no other alternative to go to those institutions for service. But now the scenario is quite different. A good number of private banks are rendering service and a tough competition exists in this sector. And the service of bank has received diversified views in recent times. Now a days, a bank is not just selling services but they may define it as selling of solution to the business community as a whole to the society basically solution for the finance. So it is very important to ensure most efficient work force with innovative ideals and proper technological back up to render such an important solution to the society that will ensure sustainable growth of the economy. Today’s business world is self-motivated and ever varying. To cope up with all these changes and adopt with new scenario a group of skilled and talented word force is the first requirement. Jamuna Bank has rightly focused don skill development of employee and at the same time introducing technology in almost every step of its day-to-day activities to insure prompt and quality service. Besides frequent training program is also conducted by the bank to increase the level of employee efficient. This should be further strengthened, as there is no alternative of training in banking sector as here practice and xperience along with training can make the deference. And They have to focus on the current competition level in the industry as in such a small economy They have 52 banks and the giant nationalized banks are contemplating to come with private management. And this will make the competition more severe. And is such a severe competition only way to be the front line in the race is to go with learning process and adoption of latest technology. This will help us to read the environment properly and adjust in the changed environment. Jamuna Bank needs to put its landmark in the rural areas and other prospective remote corners of Bangladesh to expand its client base and expanded market. It should enhance the advertising in the electronic media to get acquainted with vast prospective customers of the country. In spite of short comings I tried my level best to make the report fruitful. I apologize for making errors in the report. During the period of practical exposure, I have across a lot of interaction with people, got neared with personal feelings. But it is very difficult for me to express my personal observations and feelings as an outsider for a very few days. Jubilee Branch has a very good working environment. Jamuna Bank will not only help to retain existing customers, but it will also help to drag new customers through positive word-of-mouth communications. Also it will help to attract new segments with different needs. Thus, Jamuna Bank should focus on increasing its market share by providing quality service as promised ; at the same time, providing new products/services that would satisfy customer need even more; creating a competitive advantage over its competitors. Jamuna Bank, started for â€Å"Your partner for growth† Its gracious and amiable environment, commitment to service and ability to proved equality, at low cost, with high efficiency has been able to d