Nobody downloaded yet

Internship : MAK Group's Financial Department - Lab Report Example

Comments (0) Cite this document
About This Student - An Introduction I am currently in my senior year at Alfaisal University, and have just completed my internship with the Marwan A. Kaki (MAK) Group. I first worked in the MAK Group's Financial Department from October 2009 to April 2010, where my main tasks revolved around receipt and payment invoice generation, prepared statements and both manual and computerized book keeping…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.7% of users find it useful
Internship Report: MAK Groups Financial Department
Read TextPreview

Extract of sample "Internship : MAK Group's Financial Department"

Download file to see previous pages Following my tenure under the MAK Group's Financial Department, I then moved to the Real Estate Department, where I handled an all-new set of tasks and responsibilities. Since April 2010 until this past August, I have been charged with supervision and quality control of the Group's various real estate assets, as well as the execution of rules and regulations of the many companies included in the Group. I have also been tasked with interviewing tenants, as well as contract approvals and the determination of renting prices. Unit maintenance is also one of the many tasks I performed as part of the Real Estate Department, as is the preparation of rent and expense reports and the computerization of the entire Department. Finally, I have also worked on many projects at the development level, including concepts and feasibility studies. To encourage better understanding of my experiences working at the MAK Group's Financial and Real Estate Departments, this report shall thus explore into the fields of finance and real estate in order to explain some of the concepts one needs to understand in order to work in these fields. Discoveries made here will also be tied into my experiences. Following these two parts is a brief reflection on the my experiences with the MAK Group, before the conclusion. Corporate Finance To study finance is to study the way assets are allocated in times of certainty and uncertainty. Practitioners in this field tend to emphasize the time value of money, which basically means that a unit of currency today will always be worth more than it is tomorrow. Subcategories falling under this heading include public, personal and corporate finance, which shall be the focus of this report. It has been said by the British SAS that 'who dares, wins'; such a mindset would hardly be out of place in the realm of corporate finance, where high risks tend to equate high returns. Assets are priced according to their risk level and expected rate of return, both of which tend to be directly proportional to each other. This means that while companies who play it safe and stick to low-risk projects may get by, the real success is only experienced by those willing to be brave with their investments at the risk of losing more should they fail. Where the income to be had outweighs the risk involved, a particular investment becomes more and more attractive and desirable - which is where capital investment decisions come in. Because a company's resources are limited, management personnel must be able to discern which projects ought to be invested in, and to what degree - in a process known as capital budgeting. Also known as investment appraisal, this planning process is aimed at determining which of a company's long term investments are worth pursuing and investing in. Depending on certain factors, such as the current circumstances, the company's priorities and the resources it has on hand, some investments may be more worthwhile than others (Sullivan and Sheffrin, 2003). The need for this planning process can be explained in terms of four points. First and foremost, given the limited resources available to companies, as well as the exorbitant amount of money usually involved in making investments, it so follows that this will affect the profitability of the company itself. Adding more weight to the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Internship Report: MAK Group's Financial Department Lab Report”, n.d.)
Internship Report: MAK Group's Financial Department Lab Report. Retrieved from
(Internship Report: MAK Group'S Financial Department Lab Report)
Internship Report: MAK Group'S Financial Department Lab Report.
“Internship Report: MAK Group'S Financial Department Lab Report”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Internship Report: MAK Group's Financial Department

Internship report

...? Internship Report November Introduction: the FIDH The International Federation For Human Rights (FIDH), founded in 1922, is the first and oldest human rights organization worldwide. It joins together 164 human rights organizations in over 100 countries and works to promote the respect of human rights and the international rule of law. It pursues these goals by undertaking a variety of activities including, among others, advocacy, litigation, research, fact finding and trial observation missions. The priorities of the FIDH are determined, every 3 years, at the Congress; an event convening around 400 representatives of all member organizations and partners of the FIDH. During this meeting, the member...
17 Pages(4250 words)Essay

The Importance of Press in a Democracy

5 Pages(1250 words)Essay

Internship report

...Report in Memo Format December 23, 2006 Please write here Please write receiver’s here Internship Report DearReceiver’s name: The purpose of this report is to make you aware of my learning experience during the internship. I am doing my internship in a mortgage company. My goals and objectives regarding internship are to gain an in-depth understanding of all financial issues of the company and to gain a practical experience of working in a mortgage company. Let me describe one of the most memorable events that took place during the internship. One day I was sitting in front of my computer entering the data of the closed sales into the computer. While entering the data, I came across a record in which the payment made... to the...
2 Pages(500 words)Term Paper

Internship Report

...Reflective Report of of Introduction This report provides information about my recent internship which was conducted in a Private Dining Club in London. As an intern, I was assigned to the marketing unit of the dining club and I had to assist in carrying out numerous activities related to the disclosure of information and the carrying out of affairs relevant to the duties. Statement of Pre-Internship Expectations Prior to the commencement of my internship with the dining club, I had a number of expectations that I though would be beneficial and important in my skills development and my competency acquisition. They include the following five pointers: 1....
7 Pages(1750 words)Essay


...of the of the Number Internship Report Table of Contents Table of Contents 2 Introduction 3 Overview 3 Description of the organization 3 Description of the job undertaken 4 Description and analysis of the business management and student’s job 6 Description and analysis of the macro-environment of Monaco 6 Description of the organization 11 Description and analysis of student’s job and honest evaluation of performance 14 Reflections on the behavioural patterns and the understanding of the aspirations of the labour force 15 Conclusion 15 Works Cited 17 Introduction Overview This report seeks to describe about JCI non-profit organization, a company based in Monaco. In this...
18 Pages(4500 words)Essay

Internship Report both the culture and the rituals relating to wedding. In the process of summing up of the ideas together, I learnt the value of combined ideas along with paying respect to the tasks that perform by the other team member. Jessica also taught me to deal with the clients and have proper conversation with them as well so that they can avail the best services from our end without any complaint. This process of customer handling will be a very strong tool for shaping my career in the field of marketing and also for job of different nature. In the second week of my internship period, I got the opportunity of working with the Director of the digital media department, on a ladies night wear brand, which is...
15 Pages(3750 words)Term Paper

Internship report

...Wady Al-Ain Internship Report Tables of contents Job 3 2.Organization 3 i.Mission ment 4 3.SWOT Analysis of Al-Ain 4 i.Strengths 4 ii.Weakness 5 iii.Opportunities 5 iv.Threats 5 4.Reflection on skill development 6 i.Marketing and external communication 6 ii.Organizational skills 6 iii.Strategy development 7 5.Lessons learnt 7 6.Relevance of coursework 7 7.Summary of the internship 7 1. Job description My job at Al-Ain Company involved sessions of trading and services and also networking. I worked for 200 hours as an assistant to Hameed Jasin in networking and 500 hours in trading and services. The sessions involved creating proxies and identifying new potential clients for the...
6 Pages(1500 words)Essay

Internship report

...Dar Al-Hekma Hekma School of Business Marketing Program (MKTG) MKTG 4401-Internship program Final progress report Spring semester ----------------------- Student name: Student ID: Company name: Unilever Advisor name: Date: 10.5.2014 Executive summary Marketing is both a theoretical and practical skill and can be well natured through practice. The practical aspect of marketing is the most important part in the learning of marketing and should thus be taken into consideration. This internship report analyses the activities done in Unilever Company in the marketing department. During the internship, the intern was able to interact with...
40 Pages(10000 words)Essay

Internship Report

...Internship Report June At Sitio S�o Jos� Agroneg�cios, Brazil Program Safety Management Department Lecturer Internship supervisor Newton Junqueira Franco Introduction This report gives a brief description of my internship carried out as part of the Safety Management Program. This internship was carried out in a coffee factory in Brazil in June 2014. This is the first report about the internship for the activities undertaken within the first week. Since my major is Safety Management, the work mainly focused on the safety elements within the...
2 Pages(500 words)Essay

Internship report

... Internship Report It is important to acknowledge the roles that my internship program at Modern Jozze has impacted in my Finance career. Modern Jozze Company deals in General Contracting and Maintenance as well as cleaning services. The company has a total of seventy (70) workers. My internship program with this company started on 2nd March and ended on 15th March 2015. It involved working for 12 hours from Monday to Thursday. However, Fridays were associated with short working durations. The internship program has made me gain valuable experience in the job sector. In the company, I was holding the position of jvs preparation and filing, payment request preparation, payroll and employee benefit, petty cash controlling as well... as...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Lab Report on topic Internship Report: MAK Group's Financial Department for FREE!

Contact Us