Internship report proposal

On

The role of ICB on capital market in Bangladesh

Prepared For:

Md. Jamal Uddin Ahmed

Professor

Department of Finance

University of Dhaka

Prepared by:

Md. Rubel Hossain

ID no: 17-164

Section: B

Department of Finance

University of Dhaka

Abridge Introduction to the study

Title of the study:

As an integral part of the undergraduate program, the authority includes internship program in the B.B.A curriculum to assist to have a practical overview with the bookish concept and should prepare a report. As a result I submitted my C.V at ICB as an intern and they confirmed me at their corporate office and would like to work on The role of ICB on capital market in Bangladesh

Background of Investment Corporation of Bangladesh:

The Investment Corporation of Bangladesh (ICB) was established on October 1, 1976 under the Investment Corporation of Bangladesh Ordinance (No. XL of 1976) to encourage and broaden the base of investments, develop the capital market and mobilize savings and to provide for matters ancillary thereto. It is involved in stock underwriting, stock trading, portfolio management, operating mutual funds both open-ended and close ended. The establishment of ICB is a major step in a series of measures undertaken by the government in the past years to accelerate the pace of industrialization. The re-creation of ICB has met the long felt need to provide institutional support to meet the equity gap of the industrial enterprises in absence of which the process of industrialization in the private sector was slowed down. Through the enactment of the Investment Corporation of Bangladesh (Amendment) Act, 2000 (XXIV of 2000), space of ICB's activities through the formation and operation of subsidiary companies has been expanded.

Rationale of the study:

The report titles the role of ICB on capital market in Bangladesh is prepared as an integral part of the internship program of the undergraduate degree in department of Finance, University of Dhaka. To get acquainted with the different financial model and theoretical knowledge is not enough for a finance student. There always a massive gap between theoretical knowledge and its practical implementation. This report bridges up this gap

Objectives of the study:

The Objectives of the study may be viewed as

Broad Objective

Specific Objective

Broad Objective:

The internship report is prepared primarily to fulfill the Bachelor of Business Administration degree requirement under department of Finance, University of Dhaka and get an overall idea of different sectors and their activities.

Specific Objective:

More Specifically this study entails the following aspects,

Company analysis

To analyze the role of ICB on Capital market

To analyze different Mutual Fund of ICB

How ICB maintains its portfolio

How investors open their accounts

Margin loan

Open and closed Mutual Fund of ICB

Role of ICB to develop capital market

Methodology:

The data for this study will be gathered from two sources

Primary source:

Direct interview and conversation with the different departments and personnel.

Practical knowledge obtained from The corporate office of ICB

Officials record

Secondary source:

Annual report of ICB

Printed outline and documentation supplied by the ICB

Website of ICB

Limitation of the study:

I have faced some usual constrictions thought out my internship program to some of extent that I present as follows

Time is hindrance to prepare a quality report

Primary data is always hard to work on because of authenticity

Scarcity of information is always common hindrance to prepare any types of report

Table of Contents

1. Historical Background of ICB

2. Objectives of ICB

3. Businesses of ICB

4. ICB Mutual Fund

5. ICB Unit Fund

6. Milestones of ICB

7. ICBS ORGANIZATIONAL STRUCTURE AND MANAGEMENT

8. FINANCIAL ASPECTS OF ICB

9. Capital Market of Bangladesh

10. The Role of ICB in the Development of Capital Market of Bangladesh

11. Performance of ICB in Bangladesh

12. Financial Analysis

13. Composite Portfolio Performance Analysis

14. Portfolio making and management

15. Dividend policy

16. Recommendation

17. Conclusion