SBI

SBI

A premier public sector bank, the State Bank of India (SBI) stands as the largest and oldest financial institution in India, providing a comprehensive array of banking and financial services.

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1 Popular internship programs at SBI


The State Bank of India offers a variety of internship programs catering to students from different educational backgrounds. As of the information provided, the most notable programs include:


1.1 The State Bank of India Summer Internship Program


This program is designed for students from B Schools, law schools, engineering colleges, and other colleges offering degree programs. It typically lasts for a maximum duration of 10 weeks.


1.2 The State Bank of India Student Engagement Program


Unlike the Summer Internship, this program extends up to one year and is specifically tailored for final year students who need to complete their coursework. It also aims to bring projects to a logical conclusion within the bank. The program invites applications from final year students from recognized institutes to work on innovative business ideas/practices in the Software Factory Department of Global IT Centre of SBI. Students from various specializations such as M.E. or M.Tech with a focus on IT, Computer Science & Engineering, Data Science, Electronics & Communication Engineering, MBA or PGDM with specialization in Information Systems/Business Analytics/Data Science/Information Technology/Networking Management, and MCA are eligible to apply.


Senior SBI bank manager awarding internship certificate to an intern during SBI internship program


The engagement period for the Student Engagement Program is a maximum of 12 months, with a fixed stipend of Rs.25,000 per month. Students will have the opportunity to work on emerging technologies and practical/live projects in banking technology at various IT departments of State Bank Global IT Centre and Corporate Centre offices located in Mumbai/Navi Mumbai.


Applications for the Student Engagement Program can be submitted throughout the year according to the academic calendar of the institutes and the requirements of individual courses.






2 Popular roles for interns at SBI


1. Data Collection: Interns may be involved in gathering financial and customer data that is crucial for bank operations and strategy development.


2. Financial Analysis: Interns often assist in analyzing financial statements and trends to help the bank make informed decisions.


3. Data Modeling: Interns may work on creating or refining data models that predict customer behavior or financial outcomes.


4. Industry Research: Conducting research on banking industry trends and compiling reports can be a key task for interns.


5. Documentation: Interns are responsible for preparing and managing documents related to bank processes and customer interactions.


6. Solution Development and Delivery: Interns may contribute to developing banking solutions and ensuring their successful implementation.


7. Financial Evaluation: Assessing the financial viability of projects or loans could be part of an intern's responsibilities.


Interns may also have the opportunity to experience various other roles within the bank, such as customer support, sales, database management, and branch operations, depending on their educational background and the needs of the bank.


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