Project Report1 14

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PROJECT REPORT

ON

SELECTION AND RECRUITMENT PROCESS IN ONGC

FOR THE PARTIAL FULFILLMENT OF THE REQUIREMENT

FOR THE DEGREE OF

BACHELOR OF BUSINESS ADMINISTRATION

BERI INSTITUTE OF TECHNOLOGY,TRAINING AND RESEARCH

(Affiliated to Guru Gobind Singh Indraprastha University)

SUBMITTED TO: SUBMITTED BY:

Ms. GUNJAN BUDHLANI ATUL BANSAL

(04711301710)


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DECLARATION

This project report has been under taken as a partial fulfillment of the requirement of the award

of the degree of the Bachelor of Business Administration Guru Gobind Singh Indraprastha

University, Delhi.

This project was executed during 6th

Sem. of BBA program under the supervisions of Ms.

GUNJAN BUDHLANI.

Further I declare that this project is my original work and the analyses are for academic purpose

only. This project has not been present in any seminar or submitted.


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ACKNOWLEDGEMENT

The satisfaction and euphoria that accompany a successful completion of any task would be

incomplete without mentioning the people who made it possible whose consistent guidance and

encouragement crowned the efforts with success.

I would like to thanks for the faculty guide MS. GUNJAN BUDHLANI, for her guidance and

motivation, which is pivotal in completion of my summer training report.

I would express my thanks to ONGC as I troubled them through my queries at some stage of

their work. I am really thankful for their patience with which they resolve my doubts in between

their busy schedule; I express my sincere thanks to all of them.

Last but not least, I feel indebted to all those persons who have provided help directly or

indirectly in successful completion of this study.

ATUL BANSAL


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TABLE OF CONTENT

Contents

page no.

1) INTRODUCTION..................................................................................5

1.1Objective of Study......................................................................101.2Research Methodology.....12

2) LITERATURE REVIEW..................................................................15

2.1 Introduction to Financial statement analysis..............................16

2.1.1 Tools of financial statement...........................................17

2.1.2 Ratio analysis as tool of Financial Statement ...............25

3) INDUSTRY AND COMPANY PROFILE.........................................40

3.1 Industrial profile of Power Sector............................................ 42

3.2 Company Profile of BHEL......................................................70

4) ANALYSIS AND INTERPRETATION..............................................78

5) CONCLUSION.....................................................................................85

6) BIBLIOGRAPHY.................................................................................98

ANNEXURE.......................................................................................100


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Chapter 1

INTRODUCTION

Objective of Study Research Methodology


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INTRODUCTION

This project aims at studying financial statement analysis of BHEL. This project contains five

sections. The first section contains the Objective of the project and Research methodology.

Second section of the project contains Literature Review about the financial statement. Third

section is the Industrial Profile and Company Profile which contains the information about the

company BHEL, its products, vision, mission etc. BHEL is one of the few The forth chapter is

the Finding and Analysis, which is shown with the help of pie charts, bar diagram. Fifth chapter

may contain the project limitation and conclusion and at last bibliography and annexure. At last

sections the 5 year balance sheet of BHEL

Analysis means establishing a meaningful relationship between various items

of the two financial statements with each other in such a way that a conclusion is being drawn.

By financial statements by means of two statements

Profit and loss account or Income Statement Balance Sheet or Position Statement

These are prepared at the end of a given period of time. They are the indicators of

profitability and financial soundness of the business concern. The term financial analysis is also

known as analysis and interpretation of financial statements. It refers to the establishing

meaningful relationship between various items of the two financial statements i.e. Income

statement and Position statement. It determines financial strength and weakness of the firm.

Analysis of financial statements is an attempt to assess the efficiency and performance of an

enterprise. Thus, the analysis and interpretation of financial statements is very essential to


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measure the efficiency, profitability , financial soundness and future prospects of the business

units. Financial analysis serves the following purposes.


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OBJECTIVES OF THE STUDY


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OBJECTIVE OF THE STUDY

To know that the procedure of recruitment. To know that what problems are faced by the candidates during recruitment. To know after selection proper training is given by the company To know all level of recruitment procedure in ONGC.


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RESEARCH METHODOLOGY


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RESEARCH METHODOLOGY

Research methodology is considered as the nerve of the project. Without a proper well-organized

research plan, it is impossible to complete the project and reach to any conclusion.

Research design:

A research design specifies the methods and procedures for conducting a particular study.

According to Kerlinger, Research Design is a plan, conceptual structure, and strategy of

investigation conceived as to obtain answers to research questions and to control variance.

Type of research

The research is Descriptive in nature.

It is undertaken in many circumstances where the researcher is interested in knowing the

characteristics of certain groups such as age, sex, educational levels, occupation income,

interested in knowing the proposition in a given population who have behaved in a particular

manner, making the projections of certain things or determining the relationship between two or

more variables, descriptive study may be necessary. These studies are well structured; design in

these studies is rigid and not flexible. Descriptive study can be done with the help of qualitative

research design

Sampling Technique:

Convenience Sampling:It is the most common sampling technique. In this the samples are selected because they are

accessible to the researcher. It is considered easiest, cheapest time consuming.

Sample Size:

Last five year (2012, 2011, 2010, 2009, 2008) balance sheet and profit and loss account.


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Data collection tools:

Primary DataQuestionnaires

Data analysis and interpretation:1. Pie chart and Bar chart

Pie chart:This is very useful diagram to represent data, which are divided into a number of categories. This

diagram consists of a circle of divided into a number of sectors, which are proportional to the values

they represent. The total value is represented by the full create. The diagram bar chart can make

comparison among the various components or between a part and a whole of data.

Bar chart:This is another way of representing data graphically. As the name implies, it consist of a number of

whispered bar, which originate from a common base line and are equal widths. The lengths of the

bards are proportional to the value they represent


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Chapter 2

LITERATURE REVIEW

Introduction To Selection and

Recruitment Process


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Project Report1 14

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