Free Essay

Mcb Pp

In: Computers and Technology

Submitted By iffichanda
Words 361
Pages 2



Problem Definition

SDLC - is the process of creating or altering systems, and the models and methodologies that people use to develop.






• MCB was used in house development System MIBS • PROBLEMS
 System Not Integrated  Each Branch have their own Server  Mostly Work done Manually and at the end of day a KPO entered the voucher  Each branch maintain separate customer account in separate


• After defining the Problems MCB requires a new System. • System which overcome all these problems • System which are fully integrated in the branch and also connected with the other branch • System which required no duplication of customer record • The customer account can be operated from any MCB branch • The system which have a less manual work Proposed System The Proposed system was AMBIT

• AMBIT system was integrated extended enterprises banking system developed by a software company in SINGAPURE • MCB name the AMBIT system “SYMBOLS PROJECT” • In Symbols Project initially six modules and then additionally four modules was designed
Branch Teller Deposits Kernel Fund Transfer Knowledge Manager General Ledger Customer Lending Limit Control Domestic Payment Foreign Exchange

• In First step of testing MCB sent their Key Employees to Singapore for thoroughly study of Symbols Project and training. • In Second step MCB choose Alpha Testing and hire a company from local market to evaluate the Symbols Project. • Initially Two Problems identified • System not support Profit & Loss offered by commercial banks in Pakistan • Deduction of Zakat. After customizing the problems MCB run the system for BETA Testing in Sheikh Sultan Trust Building Karachi successfully

• After completing the Testing the Symbols Project was initially implemented in 104 branches successfully. • MCB choose the Parallel Implementation Method • Implementation Team were setup in Karachi, Lahore, Islamabad dividing the country in three geographical region of South, Central, and North




Similar Documents

Premium Essay

Mcb Report

...Internship report is aimed at studying and analyzing MCB Bank in general and its branch office at Abbottabad in particular with reference to its marketing practices. The main purpose of the internship is to prepare and submit a report as a partial fulfillment for the award of BBA degree from COMSATS Institute of Information Technology Abbottabad.  1.2 Objective of Study Internship is the one of the part of the BBA course and this provide the practice knowledge of what students read about business in their books. Internship report is prepared to full fledge analysis of an organization. As this is the only field experience that students before entering practically into the market. During our internship we had been rotated different departments as accounts, remittances, car finance, clearing and collection etc. this movement and working provide a completely knowledge of their working to us, they also explained each and every concept to make us clear. This knowledge and practical experience was the thing which help we have completed the internship report. 1.3 Scope of the Study This study carried out on MCB is an effort to introduce the working and operations at MCB among students and others interested in the organization. This study reveals the MCB in terms of its history and background, its departments and their functioning. It also enlightens the techniques, procedures, and programs that are being used at MCB in order to achieve better performance. The......

Words: 13234 - Pages: 53

Premium Essay

Martin’s Textiles, Pp. 299-300

...Part Three Case: Martin’s Textiles, pp. 299-300 BA 2430 – International Management Edward Ruppel Summary Martin’s Textiles is very much in doubt with the enactment of the North American Free Trade Agreement (NAFTA), which is an agreement between Canada, Mexico, and the United States for free trade, that would not only eliminate tariffs but also allow an increase in quota from Canada and Mexico to ship textiles to the United States. Compounding the issues, Martin’s Textiles has been experiencing small losses over the past several years and has received threats of losing long-term customers. Nonetheless, John Martin, Martin’s Textiles CEO, has to make the decision whether or not to move his company’s production, currently based in New York where the company has strong family like relations with its employees, to Mexico in order to reduce labor cost or wait for an imminent bankruptcy. Martin’s Textiles was founded in 1910 and has spanned four generations of the Martin family. However, with the implementation of NAFTA, all tariffs between the Canada, Mexico and the United States would be eliminated within the next 10 to 15 years with most tariffs cut in 5 years. For Martin’s Textiles the plan’s provision that all tariffs on trade of textiles amount the tree countries would be removed within 10 years would be the especially impactful. Yet, what was even more overwhelming for the textile industry was that the quota for Canada and Mexico to ship clothing and textiles to...

Words: 1568 - Pages: 7

Premium Essay

Pp&E - Measurement Subsequent to Initial Recognition

...Subject: PP&E - Measurement Subsequent to Initial Recognition Introduction The reasons why we choose to analyze the revaluation of PP&E are: 1. They are often involved in large amount of transactions and initially recognized at cost, and depreciated subsequently, as a result, it takes a lot of work to keep record of its carrying value; 2. PP&E makes up a large percentage of the total assets, especially for manufacturing companies, and is expected to be long-term assets held for use in production; 3. Mostly they are carried on the Balance Sheet based on the cost no matter how much their actual values are. So it is possible for companies to inflate or write down the value of PP&E by managers. Therefore, the investors have to pay attention to the policy of the PP&E and in this memo we tend to analyze the account deeply and understand how to the amount is reported on financial statement. In order to find the differences between IFRS and U.S GAAP on this subject, summaries of the requirements of GAAP and IFRS separately will lay a foundation for the comparison. IFRS: IAS 16 An entity may choose 2 accounting models for its property plant and equipment: an entity shall apply the same model to the entire class of PP&E (IAS 16-29: An entity shall choose either the cost model in paragraph 30 or the revaluation model in paragraph 31 as its accounting policy and shall apply that policy to an entire class [Refer: paragraph 37] of property, plant and......

Words: 1456 - Pages: 6

Free Essay

Pps of South

...hang Lan selected a prestigious office building for her first new restaurant, located in the proximity of her target customers ― white-collar office workers ― who were still an untapped, niche market in China at that time. Almost all of South Beauty restaurants that were opened subsequently remained close to its targeted customer base and were located in top-notch office buildings in key cities.  Although the operational costs were higher in comparison with those of other restaurants, meals could be more expensively priced to cover the costs. This combination of high-end location and high pricing was also helpful in developing the upper-middle class brand image.  Zhang Lan and her team insisted that people came to the restaurants not only for the food, but also for the ambience. South Beauty invested 8 million yuan (around $1 million) on furniture, interior decoration, and in setting up the kitchen of a new South Beauty restaurant.  For example, Zhang Lan selected Jack Tam, a Chinese American designer who had graduated from Harvard University to design her first restaurant. She believed that only Tam could understand the styling practices of Western restaurants and the Chinese catering culture. The targeted customers took to the restaurant almost instantly. In this way, the Group became unique in the Chinese restaurant market.  Zhang Lan also decided to provide Sichuan food in her new restaurant. She believed that among the eight main Chinese cuisines, Sichuan......

Words: 619 - Pages: 3

Free Essay

Reaction/Reflection Paper #2 : Lowney, Chs. 11 & 12, Menocal, Pp. 174-188

...Professor: Dr Moulay- AFTS370-01 3/14/2013 Reaction/Reflection Paper #2 : Lowney, chs. 11 & 12, Menocal, pp. 174-188 We learned that Muslim’s invasion of Spain provided economic, architectural and social developments in this area. In these readings (Lowney’s and Menocal’s) we can see that Muslims also had significant importance in medical and mathematical world. Maimonides was one of the most important physicians in Jewish society and he had many intellectual contributions to Judaism. He had important position as a physician. The important part is that where Maimonides inherited his wisdom? His medical secrets were based on ancient authorities like Galen and Hippocrates which were forgotten in the West but revived in the Islamic East. There were many successful philosopher-doctors in Islamic world like Ibn Sina (Avicenna in the West). Ibn Sina’s book was translated by Gerard as a Canon of Medicine. It was the Europe’s first translation about health and medicine. Ibn Sina’s (Avicenna) knowledge pushed European’s medicine forward. Moreover, there was another Spanish Muslim Abu-l-Qasim, also known as Abulcasis who became the practical companion to Avicenna’s theoretical Canon. He have gotten his hands dirty and actually practiced surgeries like amputating limbs, removing bladder stones and artificial teeth from beef bone thanks to Ibn...

Words: 283 - Pages: 2

Premium Essay

Pps 24027

...Independent learning and the expert learner Introduction This resource is intended to: • • describe the characteristics of independent learning draw parallels and differences between the ‘independent’ and the ‘expert’ learner. A definition of independent learning One definition of independent learning or ‘autonomy’ in learning is: “…the ability to take charge of one’s learning” H. Holec, 1981 Independent learning is usually developed throughout a learner’s time at school or college to give learners more responsibility for work or learning. It helps learners to make informed choices and to take responsibility for deciding what they need to do in order to learn. To do this and to have the motivation to learn independently, learners need to: • • • feel confident about taking and acting upon decisions appreciate the value of reflecting on learning decide whether learning has been effective or whether they need to try another approach. If you have explored other parts of Developing the expert learner, you may have already noticed that independent learning, with its emphasis on autonomy, reflection and confidence, sits comfortably within the concept of the expert learner. A focus on learning and not teaching Independent learning means that learners make decisions about their learning rather than relying on their teachers to do it for them. At first, many learners find this challenging. When they are more familiar with it, they realise that it allows them to focus on......

Words: 1269 - Pages: 6

Premium Essay

Strategic Management in Mcb

... |41 | EXECUTIVE SUMMARY This report is based on the strategic audit of MCB Bank Limited which is a leader in the banking industry. MCB Bank Ltd has been highly successful since its establishment in the country due to various reasons. Mainly the strategic decisions of the company contributed to the success of the company. The report highlights the critical decisions taken by the company after its privatization on April 08, 1991. It invested in service quality, technology, human resources in order to become the market leader and to face and copy with the intense competition. MCB Bank Ltd has various strengths such as being the market leader to effective management decisions. The critical success factors of the company strong branch network, largest ATM network, multiple delivery channels, predominant reputation and increased customer focus. MCB Bank Ltd is looking forward to expand into the global market as well and to penetrate further into the market as a vast majority of the population is unaware of the benefits of banking. The report highlights each of the situations in detail and the action plan taken by the company to achieve its objectives. The report also presents an analysis of the financial data of the company. INTRODUCTION The report is based on a case developed over MCB Bank Ltd, one of the leading banks of Pakistan. The case discusses in detail over all the strategies and policies adopted by......

Words: 5939 - Pages: 24

Free Essay

World Bank Pps for Mun

...Position Paper for the Second Committee of the General Assembly Plenary The issue before the Second Committee of the General Assembly Plenary 2014 is: Increasing and coordinating efforts to fight international tax evasion. The World Bank is fully committed to the fight against international tax evasion as the profit made from either corporate or income tax can be used to support the affected countries in various ways, such as improved commitment to the UN or the World Bank committee. The WB is deeply concerned about tax evasion and its consequences concerning the world and its economy. By making use of non-standard tax havens or offshore banking accounts, companies and individuals exploit their country and therefore damage the country’s liability and economy. As that unjust advantage deceives the affected country, it is a major threat not only to that, but also to the world’s economy. The World is of the mind that, even if only a minority, not paying your tax imposes an unfair burden on the honest majority and prevents money from reaching the crucial public services that need it. One must stop people cheating the tax system and collect more of what is owed. The British tax gap in the 2010 to 2011 financial year was estimated to be £9 billion formed of tax evasion and avoidance. Losses caused by corruption and tax evasion are powerful examples of how criminal activities can potentially have tremendous negative effects on economic development. Also, ill-gotten money is not......

Words: 1636 - Pages: 7

Premium Essay

Organizational Culture and Employee Commitment : a Case Study on Mcb Bank in Lahore

...* ABSTRACT The main purpose of the study was to examine the relationship between Organizational Culture and Employee Commitment. The study was conducted in MCB Bank Lahore branches. The data was collected through questionnaires. The sample size used in this study was 100. The concerned variables are ‘organizational culture’ and ‘employees commitment’. The hypothesis was designed that whether there exists a relationship between the variables or not. The results suggested that there exist a relationship between organizational culture and employees’ commitment. The study emphasizes the future prospects in the research field which can be beneficial for the organizations’ culture. The findings , conclusion and recommendations suggest areas for further research. * * * Contents Abstract…………….………………………………………….……………….i List of Tables……………………………………………………………........iv List of Figures………………………………………………………..……….v List of Acronyms……………………………………………………..………vi Acknowledgement…………………………………………………………...vii 1 Chapter No. 1 1 1.1 Introduction 1 1.2 Organizational Culture 2 1.2.1 Characteristics. 4 1.2.2 Scope of Organizational Culture. 5 1.3 Problem statement 6 1.4 Rationale for the study 6 1.5 Purpose of Study 7 1.6 Research objectives: 7 1.7 Limitations 7 1.8 Assumptions 8 1.9 Hypothesis 8 1.10 Scope of the study 8 1.11 Outline of the study 9 1.11.1 Chapter1. 9 1.11.2 Chapter 2. 9 Literature review I:......

Words: 13969 - Pages: 56

Premium Essay

Mcb 244

...Epiderm (stratified squamous) > underlying dermis LARGEST organst system in body, 16% by weight with lots of SA Stratefied squamous cells Most superficial layer Keratinized Cornefied Complex matrix with very tough protein and helps protect dead cell layer Makes sense, these cells must be exposed Several cell layers make up the epidermis A reticular layer with collagen and elastic fibers that… Leather is made up of: the dermis Provides the strength of the cutaneous membrane Grainy portion of leather is the papillary layer Hypodermis Below the dermis that provides blood Not really part of the cutaneous membrane Preferred area for injections Has a big blood supply Not that many capillary beds—they are feeding the epidermis Functions of the INTEGUMENTARY SYSTEM Protects Excretes: salts, water, and organic waste Maintains body temperature Synthesizes vitamin D3—essential for calcium and phosphorous uptake in intestines. Not enough = rickets Stores fats in dermal layer Detects sensory modalities each hair has a nerve flexus. Can detect movement of just one hair. Epidermis Epidermal ridges Interlocks with dermal papillae Can see this intestines with microvilli? This increases overall SA for the basal lamina Good contact b/w epidermis and dermis Thick skin: soles, palms Difference? How thick corneum is CELLS OF THE EPIDERMIS Keartinoctyes: Kertin! Thin Skin: hairy Thick skin: no hair Thickness of paper towel Stratum basale Deepest: stratum......

Words: 1748 - Pages: 7

Premium Essay

Intro to Psych - Anorexia Pp

...Behavior and Psychological Disorders PSY 103 Intro to Psychology January 2015 Michael Phillips - instructor FINAL WEEK PP PRESENTATION Behavior and Psychological Disorders Anorexia Nervosa is an eating disorder that typically starts during the teenage aged years, mainly affecting females more than males. It is a dangerous and potentially life threatening illness that affects the body and the mind. People affected by this disorder have an extreme terror of gaining weight and severely reduce the volume of food they eat becoming under-weight, and have a distorted view of their body image. Eating disorders are very complex and experts cannot explain the exact cause but they have learned it may be created by an assortment of genetics, family behaviors, social influences, and personality traits. Research has shown that there are some specific psychological factors and personality traits that may have influencing factors for some people to develop an eating disorder. Many of these individuals have low self-esteem, feeling helpless, tend to be perfectionists, and have an intense dissatisfaction in their appearance. If the disorder is left untreated, it can lead to starvation, serious health problems, and even death. Early intervention and treatment has shown to be effective in its recovery. General Behaviors People suffering from anorexia nervosa are typically very competitive and are determined to succeed. They compulsively measure their appearance and compare......

Words: 2872 - Pages: 12

Free Essay

Pp Thu Thap Du Lieu so Cap

...PHƯƠNG PHÁP THU THẬP DỮ LIỆU SƠ CẤP TRONG NGHIÊN CỨU CÁC HIỆN TƯỢNG KINH TẾ XÃ HỘI Người viết: Võ Hải Thủy Thu thập dữ liệu là một giai đoạn có ý nghĩa vô cùng quan trọng đối với quá trình nghiên cứu các hiện tượng kinh tế xã hội. Tuy nhiên việc thu thập dữ liệu lại thường tốn nhiều thời gian, công sức và chi phí; do đó cần phải nắm chắc các phương pháp thu thập dữ liệu để từ đó chọn ra các phương pháp thích hợp với hiện tượng, làm cơ sở để lập kế hoạch thu thập dữ liệu một cách khoa học, nhằm để đạt được hiệu quả cao nhất của giai đoạn quan trọng này. Trong nội dung bài viết này, chủ yếu đề cập đến các phương pháp thu thập dữ liệu sơ cấp. Đó là những dữ liệu chưa qua xử lý, được thu thập lần đầu, và thu thập trực tiếp từ các đơn vị của tổng thể nghiên cứu thông qua các cuộc điều tra thống kê. Dữ liệu sơ cấp đáp ứng tốt yêu cầu nghiên cứu, tuy nhiên việc thu thập dữ liệu sơ cấp lại thường phức tạp, tốn kém. Để khắc phục nhược điểm này, người ta không tiến hành điều tra hết toàn bộ các đơn vị của tổng thể, mà chỉ điều tra trên 1 số đơn vị gọi là điều tra chọn mẫu. Bài viết cũng đề cập đến một số vấn đề liên quan đến việc tổ chức điều tra chọn mẫu trong thu thập dữ liệu sơ cấp như: phương pháp chọn mẫu, phương pháp thiết kế thang đo và phương pháp thiết kế bảng câu hỏi khi thu thập dữ liệu. I-PHƯƠNG PHÁP THU THẬP DỮ LIỆU SƠ CẤP: Có nhiều phương pháp thu thập dữ liệu sơ cấp. Nhìn chung khi tiến hành thu thập dữ liệu cho một cuộc nghiên......

Words: 12714 - Pages: 51

Premium Essay

Sap Pp

...The DMAIC Improvement Process DMAIC refers to a data-driven improvement cycle used for improving, optimising and stabilising business processes and designs. The DMAIC improvement cycle is the core process used to drive Six Sigma projects. DMAIC is not exclusive to Six Sigma and can be used as the framework for other improvement applications. DMAIC is an abbreviation of the five improvement steps: Define, Measure, Analyze, Improve and Control. All of the DMAIC process steps are required and always proceed in this order: Define : Project charter Write down what you currently know. Seek to clarify facts, set objectives and form the project team. Define the following: * A problem statement * The customer(s) * Critical to Quality (CTQs) — what are the critical process outputs? * The target process and other related business processes * Project targets * Project boundaries * A project charter is often created and agreed during the Define step. Measure This is the data collection step. The team decides on what should be measured and how to measure it. This forms a data collection plan. It is usual for teams to invest a lot of effort into assessing the suitability of the proposed measurement systems. Good data is at the heart of the DMAIC process: * Define the process critical Xs (inputs) and Ys (outputs). * Define the measurement plan. * Test the measurement system. * Collect the data. * A Measurement System Analysis (gauge study) is performed at......

Words: 1951 - Pages: 8

Premium Essay

Mcb Internship Report

...INTERNSHIP REPORT ON MCB BANK LIMITED PREPARED BY FAIZA IQBAL BBA (HONS) MORNING DEPARTMENT OF MANAGEMENT SCIENCES Internship Report|2011| || Practice makes a man perfect. Theoretical knowledge is not enough on its own. It is useful when implemented. That’s why it is necessary for completion of BBA program to do practical work. Internship program is also held in every management institution to support the same purpose. Banking plays very important role in the development of commerce and economic fields of a country. As banks are using different modern and up to date technologies in order to perform well and influence different managerial activities, it is a better option for business students to get internship experience in banks. I did five weeks internship in MCB BANK Model Town Branch, Bahawalpur. During this time I visited different departments and was thoroughly briefed about the procedures and working by friendly senior staff of there. In preparation of this Report I have tried my best to provide all possible information about the operations, functions and tasks of MCB in brief and comprehensive form. It also includes a brief view of what I did during internship. Internship report ends with some recommendations and concluding remarks after identification of problems that I observed during internship. Although I have put all my efforts but surely there are chances for mistakes,......

Words: 9835 - Pages: 40

Premium Essay

Aggregate Pp

...Problems on Aggregate Production Planning 1. Planners of a company have obtained information regarding the forecasted demand of a product as follows: Period 1 2 3 4 5 6 Total Forecast 200 200 300 400 500 200 1800 Costs Regular time: $2/unit Overtime: $3/unit Subcontract: $6/unit Inventory: $1/unit Backorder: $5/unit They now want to evaluate a plan that calls for a steady rate of regular-time output, mainly using inventory to absorb the uneven demand but allowing some backlog. Overtime and subcontracting are not used because they want steady output. They intend to start with zero inventory on hand in the first period. Prepare an aggregate plan and determine its cost using the preceding information. Assume a level output rate of 300 units per period with regular time. Note that the planned inventory is zero. There are 15 workers, each can produce 20 units per period. 2. Suppose that the regular output rate drops to 290 units per period in the above problem due to an expected change in production requirements. Costs will not change. Prepare an aggregate plan and compute its total cost for each of these alternatives: a. Use overtime at a fixed rate of 20 units per period as needed. Plan an ending inventory of zero for period 6. Backlogs cannot exceed 90 units per period. b. Use subcontracting at a maximum rate of 50 units per period; the usage need not be the same in every period. Have an ending inventory of zero in the last period. Again backlogs......

Words: 1139 - Pages: 5