internship

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Transcript of internship

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According to NASSCOM, the sector aggregated revenues of US$100 billion in 2012, where export and domestic revenue stood at US$69.1 billion and US$31.7 billion respectively, growing by over 9%.Information technology is playing an important role in India today & has transformed India's image from a slow moving bureaucratic economy to a land of innovative entrepreneurs .

The IT sector in India is generating 2.5 million direct employment .India is now one of the biggest IT capitals of the modern world and all the major players in the world IT sector are present in the country . The major cities that account for about nearly 90% of the sector's exports are Bangalore, Chennai, Kolkata, Hyderabad, Trivandrum, Noida, Mumbai and Pune. Bangalore is considered to be the Silicon Valley of India because it is the leading IT exporter. Exports dominate the industry and constitute about 77% of the total industry revenue.

However, the domestic market is also significant with a robust revenue growth. The industry’s share of total Indian exports (merchandise plus services) increased from less than 4% in FY1998 to about 25% in FY2012. According to Gartner, the "Top Five Indian IT Services Providers" are Tata Consultancy Services, Infosys, Cognizant, Wipro and HCL Technologies.

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www.maxmunus.com

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To excel and achieve a niche position in the field of training and development by enhancing the methods of training delivery, achieving higher levels of trainee reaction, learning and positive behavioral change and generating greater levels of ROI for the clients, through training.

To achieve a position among the top Ten training service providers by 2015 in all fields of IT Technologies – Functional and Technical.

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ABOUT MAXMUNUS SOLUTIONS PRIVATE LIMITED :

Maxmunus Solutions Private Limited is a Private Company incorporated on 04 February 2005. It is classified as Indian Non-Government Company and is registered at Registrar of Companies, Bangalore. Its authorized share capital is Rs. 100,000 and its paid up capital is Rs. 100,000.

Maxmunus Solutions Private Limited's Annual General Meeting (AGM) was last held on N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on N/A. Its registered address is 421/A, Jai Plaza Elegence, 3rd Floor 80 Feet Road, 6th Block, Koramangala, Bangalore - 560095, Karnataka INDIA.

There are 2 directors of Maxmunus Solutions Private Limited. •Akash Kumar Asthana•Suryadeo KantCurrent status of Maxmunus Solutions Private Limited is - Active.

MaxMunus is an emerging end to end SAP training solution focused on training for companies that have captive, in-house or specific technology based training requirements. They have a sum of 1460 employees

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Corporate training sectorBasis ABAP/4 Programming

FI (Financial

Accounting)

CO (Controlling)

EC (Enterprise Controlling) HCM (Human Capital

Management))

IM (Investment Management) Logistics Information

System

SD (Sales and Distribution) XI( Exchange

Infrastructure)

PP (Production Planning) CS (Customer Service)

BW (Business Warehousing) PS (Project Systems)

CA (Cross Application

Components)

SCM (SAP Supply Chain

Management)

My SAP Product Life Cycle

Management

PM( plant maintainance )

EHS (Environment health and

safety)

My SAP (Supplier

Relationship

Management)

APO (Advance planning

optimization)

My SAP(Customer

Relationship

Management)

IS / SAP for Industries specific

solutions

Net weaver

My SAP (Strategic Enterprise

Management)

Is Retail

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Services of company• Cutting edge training delivery

• Training at the comfort and the facility of clients choice.

• Customized training

• Evaluvation methodology

• Real time exposure for freshers

•Training on functional modules of SAP

• Technical modules of SAP

• Industry specific modules

• Oracle packages

• Microsoft packages

• Other technologies

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Market share is said to be a key indicator of market competitiveness—that is, how well a firm is doing against its competitors. "This metric, supplemented by changes in sales revenue, helps managers evaluate both primary and selective demand in their market.

15%

Market share of Maxmunus :

Annual turnover of Maxmunus for the financial year 2013-2014 is 20 crores.

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Competitors of Maxmunus :

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Organizational structure of Maxmunus :

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Human resource department :

The human resources or personnel department is responsible for hiring employees and ensuring that they get the proper training to perform their jobs. Human-resources professionals establish pay scales for all employees, basing salaries on comparable compensation packages in the industry. They also perform the following activities.

• Handling discipline and grievance procedures• Performance appraisal• Recruitment and selection

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Finance and accounting department :

Accounting professionals work in one of three areas: accounts receivable, accounts payable and payroll. Accounts-receivable specialists track the debts owed to the company. These professionals prepare and send invoices to apprise clients when payments are due. Accounts-payable employees track payments that the company owes, including amounts owed for repair and maintenance vendors. Payroll specialists ensure that employees are paid on time.

It also helps management in following decisions:•How to reduce costs•How to raise profitability•Tax liability

They also undertake following activities:•Transaction recording•Costing system•Budgeting system

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Marketing department :

Marketing professionals determine that the services of company are promoted in marketplace . This helps the company to better align its strategies. Marketing managers decide which types of advertising and promotions company should use .

They also undertake following activities :• Identifying potential customers• Analysing customers• Enhance customer experience• Informing potential customers about their new services• Conducting marketing research• Building employee -customer relations.

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STRENGTHS :

• Certified professionals• Technological skills• Strong ethics• Leading corporate clients• service quality• effective management• cost effective• skilled professionals

WEAKNESS

• Low customer retention• Expensive software solutions• Change in industry trend• Change in government policies

SWOT analysis of Maxmunus :

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OPPORTUNITIES

•Expand services and software divisions•Changing customer tastes•Technological advances•Increasing demand of software services•Emerging markets

THREATS•Continuous upgradation requirements•Technological advances•Changes in government policies•Increasing competition•Rise in tax rates

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Clients of Maxmunus :

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Learning :

1. Exposure to recruitment and selection process of Maxmunus

2. Organizational culture a) team huddle3. Meeting client requirements4. All the departments are aligned to organizational

goals.5. Informal organization, with transperency in decision

making.