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“A Study on Sparsha Trust”

Chapter:-02
INTRODUCTION
Started in 2005, Sparsha Trust is a registered Charitable Trust which is
working for the holistic development and rehabilitation of children
living in difficult socio-economic and personal circumstance.

Sparsha means “to touch a needy” and for over a decade and half the
team has been helping such deprived kids to live a life of entity, hope
and respect.

The motive behind the start of Sparsh Trust is to provide poor and
deprived children the basics of living standards such as food, shelter and
self-esteem. Children being provided education and life skills are able to
accomplish a good livelihood for themselves and their family.
In the pursuit of making Sparsha’s intent of helping these young minds
to obtain the education that they deserve come true, by Mr. Gopinath R.
and his wife Chitra, along with his friend D.S Krishna formed and
registered in 2005.

Sparsha Trust has designed four primary categories of programs. There


are several program/projects under each category that have a specific
aim and scope of work. However, the larger aim to work towards
improving the lives of children and the society by way of making it more
child friendly.

Child Protection Child Development Child Care Youth Empowerment

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“A Study on Sparsha Trust”

Child Protection
Child Line – 1098 & Advocacy
Available 24/7 on call child helpline to rescue, protect and safe guard the
children who are forced into various activities like Begging, Rag
picking, Abused, child labours, child trafficking, child marriage etc. with
the support of various relevant government departments. State &
National level dialogue with Government & stakeholder’s to reduce the
children issues.

Year of Inception
2015
Vision
A child – friendly Nation that guarantees the right and protection of all
children and makes every stake holders aware of the importance of child
rights and its necessity.

Current Reach

No of Beneficiaries Locations No of Centers


1500 + Bengaluru Rural
Children through Govt Procedures Kolar 2

Focus Area
Create a system to eradicate child marriage, child labour & other child abuse issues
through sending the community members of each village, taluks and panchayats.

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“A Study on Sparsha Trust”

Child Development Child Care

Nisarga Grama
A multi-dimensional development Centre designed for up to 250
children who are in need of care, protection and education. A complete
child learning friendly campus which is designed to ensure each child is
academically educated, trained on various skills, confident and
Independent.
Year of Inception
2016

Vision
Children are liberated from difficult, oppressive and exploitative
circumstances and lead a meaningful, progressive and development-
oriented childhood in a safe, nurturing and caring environment.

Current Reach

No of Beneficiaries Locations No of Centers


Every year around 200 children and Hessarghal and
their families. Bengaluru Urban 1

Focus Area
 Providing training, mentorship& internship opportunities
 Help children to get into govt & non govt high profile jobs
 Create leaders to participate in various social issues and bring positive
impact in the society

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“A Study on Sparsha Trust”

Makkala Dhama
A mult-dimensional development Centre
Designed for 450girl children who are in
need of care ,protection and education.
A complete child learning friendly campus
Which is designed to ensure each child is
academically educated ,trained on various
skills, confident & Independent.

Year of inception
2022

Vision
Children are liberated from difficult, oppressive and exploitative circumstance and
lead a meaningful, progressive and development-oriented childhood in a safe ,
nurturing and caring environment.

Current Reach

No of Beneficiaries Locations No of Centers


200 children & Devanahalli,
their families Bengaluru Rural 1

Focus Area
 Providing training, mentorship& internship opportunities
 Help children to get into govt & non govt high profile jobs
 Create leaders to participate in various social issues and bring positive
impact in the society.
 Training girls on self defence to become independent.
 Support them to get into managerial roles in Airport & other
corporates.

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“A Study on Sparsha Trust”

Mobile Creche
Providing access to Early Childhood Care,
healthcare & intellectual development
activities for the construction labour’s
children who are between the age group 0 to
14 years through parents, builders,
community & government stakeholder
engagement. Currently there are 42 mobile
crèches.
Year of inception
2015
Vision
A safe, healthy, comfortable & learning friendly childhood atmosphere
for the children of migrant & construction labourer families at
construction sites.

Current Reach
No of Beneficiaries Locations No of Centers
Around 2200 children & Bengaluru Urban-28,
their families Bengaluru Rural-2,Tumkur-7, 43
Chikkaballpur-2, Ramnagara-4

Focus Area
Create 200 mobile creches across Karnataka & other states. Create
an impactful model which can be replicable across nation by Govt
& other stakeholders.

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“A Study on Sparsha Trust”

We Care For You


An initiative to support children
who have lost their parent(s) due
to covid from the economically
backward community across
Karnataka.

Year of inception
2021

Vision
Continuity in education of every child impacted by COVID-19 and
minimized adverse socio-economic impact on the families.

Current Reach
No of Beneficiaries Locations No of Centers
Around 994 children & Bengaluru Urban, Kolar, Bidar,
their families. Bengaluru Rural, Bellary, Koppal, 9
Mysore, Raichur, Vijipura

Focus Area
 Ensure continuity of education to these enrolled children without
any financial challenges
 Targeting to reach around 3000 children who have lost their
parent(s) due to covid & non covid across nation.
 Engage the children who are above 10th std in community
development activities to ensure they become the asset of the
nation.
 Provide vocational or Market aligned skills to the single parents
and connect them to jobs, social entitlements etc. for their better
livelihood.

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“A Study on Sparsha Trust”

Sparsha | MAST for youth


Competent & Market Alligned skill training
programs for youth between the age group
18 to 35 yrs belonging to weaker sections by
incorporating new-age teaching, learning
Youth Empowerment
methodologies and supporting them with job placement

Year of inception
2014

Vision
A nation where all the youths are adequately skilled and productive in employment / business, to
contribute towards national GDP growth.

Current Reach

No of Beneficiaries Locations No of Centers


700 Youths & Kolar, Mysore,
their families. Bengaluru Urban 3

Focus Area
Develop a system & mechanism with good & committed team to train
and job place around 2000 youths yearly who are deviated from
education and professional life.

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“A Study on Sparsha Trust”

Avani

1. To support pregnant & lactating mothers


who are construction labourers, rag
pickers & other vulnerable community
women, with daily & monthly nutrition,
healthcare & monitoring up to the child
Women Empowerment is 2 years old.
.
2. Influence Karnataka govt &other
stakeholders to replicate the same in
other parts of India.

Year of inception
2020

Vision
Good health for pregnant women, lactating mothers from low income
families and their babies, with ZERO infant mortality.

Current Reach

No of Beneficiaries Locations No of Centers


130 Women & Bengaluru Urban 1
their families.

Focus Area
Support 2000 pregnant & lactating women from the economically
weaker community, support & handhold them for 2 years with nutrition,
healthcare and train them on good parenting.

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“A Study on Sparsha Trust”

Women Lead

To support petty shop & street vendor


women to develop their business by
guiding & training them on various
business aspects & connecting them to
various other govt & non govt schemes
to create financial growth & sustainability.

Year of inception
2019

Vision
Empowered women efficiently, profitably and sustainably
manage their small shops & street business and improve
their standard of living.

Current Reach

No of Beneficiaries Locations No of Centers


130 Women & Bengaluru Urban 1
their families. Bengaluru Rural

Focus Area
Support 1000 women who run street business & small shops become
successful entrepreneurs and provide employability to other women.

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Some of Awards and Honours

2022
Rotary Hero Award conferred at Presidencial Conference at Hyderabad

2021
Atal Samman Samaroh - National Award for Excellence at New Delhi

2020
‘Kalasha Award’ by Innerwheel of Bangalore West

2019
‘Yuva Sadhakaru’ Award in Annual Conference of Yuvavahini (R)

2018
‘Shree Matha Award’ at Horanadu by Shree Annapoorneshwari trust

2018
‘Persistent Sanman Award’ at Pune by Persistent foundation

2017
‘Karnataka State Best NGO Award’ from Hon. Governor of Karnataka

2017
‘National Youth Leadership Award’ in Ranchi from Jharkhand Hon .Chief Minister

2016
‘Glory of India Award’ from Global Achievers foundation at Dehradun

2014
‘Karnataka State Best NGO Award’ by Hon. Chief Minister of Karnataka

2013
Art of Living ‘Sri Sri Award’ Best NGO working for Child and Woman Development

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“A Study on Sparsha Trust”

Chapter:-01
Introduction

Finance, as a discipline, operates within a delicate ecosystem of trust, where


stakeholders entrust the organization with their resources and expect the utmost
diligence and accountability in return. Within this context, my internship served as
an immersive journey into the multifaceted dimensions of trust within the finance
domain. It provided a platform to explore the strategies, practices, and ethical
considerations underpinning trust-building efforts, as well as the challenges
encountered and solutions devised in nurturing a culture of trust within the
organization.

Objectives of Finance Internship


1. Gain Practical Experience: One of the primary objectives of a finance internship is to gain
hands-on experience in applying theoretical knowledge to real-world scenarios. This could
include working on financial analysis, budgeting, forecasting, or financial reporting tasks.
2. Develop Technical Skills: Interns often aim to develop and enhance technical skills relevant
to the finance field, such as proficiency in using financial software, conducting financial
modeling, analyzing financial statements, or understanding regulatory compliance
requirements.
3. Learn About Finance Functions: Interns may seek to gain exposure to various finance
functions within the organization, such as treasury management, risk management, financial
planning and analysis (FP&A), corporate finance, or investment analysis.
4. Understand Organizational Dynamics: Internships provide opportunities to understand the
organizational structure, culture, and dynamics within the finance department and the broader
organization. Objectives may include learning about teamwork, communication, and
collaboration within a professional setting.
5. Network and Build Relationships: Interns often aim to network with professionals in the
finance industry, including mentors, colleagues, and industry contacts. Building relationships
can lead to valuable insights, mentorship opportunities, and potential career connections.
6. Contribute Meaningfully: Interns aspire to make meaningful contributions to the
organization by actively participating in projects, offering innovative ideas, and delivering
high-quality work. This objective may involve taking on responsibilities that add value to the
finance department and the organization as a whole.

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7. Enhance Analytical Skills: Interns may seek to enhance their analytical skills by engaging
in financial data analysis, identifying trends, making recommendations based on data
insights, and solving complex financial problems.
8. Develop Soft Skills: In addition to technical skills, interns often aim to develop soft skills
such as communication, time management, critical thinking, and adaptability. These skills
are essential for success in the finance industry and the broader professional world.
9. Gain Exposure to Industry Trends: Interns may have objectives related to staying updated
on industry trends, regulations, and best practices in finance. This could involve attending
industry conferences, seminars, or training sessions, as well as conducting research on
relevant topics.
10. Receive Feedback and Grow: Lastly, interns often seek opportunities to receive feedback
on their performance, identify areas for improvement, and grow professionally. Objectives
may include seeking mentorship, asking for constructive feedback, and actively reflecting on
learning experiences.

Purpose
 Hands of Experience
 Skill Development
 Professional Development
 Contribution to Organizational Goals
 Networking Opportunities
 Exploration of Career Paths

Scope in Finance intern


1. Financial Analysis: Interns may work on financial analysis tasks, such as assessing
financial statements, analyzing performance metrics, and identifying trends to support
decision-making.
2. Budgeting and Forecasting: Interns can assist in budget preparation, variance analysis,
and forecasting activities to help organizations plan and manage their finances
effectively.
3. Investment Banking: Internships in investment banking provide exposure to mergers
and acquisitions (M&A) transactions, capital raising activities, financial modeling, due
diligence, and industry research.
4. Corporate Finance: Interns may work on corporate finance projects, such as evaluating
investment opportunities, managing capital structure, conducting cost-benefit analysis,
and assessing financial risks.

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5. Financial Planning and Analysis: Interns can support FP&A teams in financial
reporting, budgeting, forecasting, variance analysis, and performance tracking to aid in
strategic decision-making.
6. Risk Management: Internships in risk management involve identifying, assessing, and
mitigating financial risks, such as market risk, credit risk, operational risk, and regulatory
compliance risk.
7. Treasury Management: Interns may assist treasury teams in cash management, liquidity
planning, foreign exchange hedging, capital allocation, and investment management
activities.
8. Accounting and Auditing: Interns can gain experience in accounting functions, such as
preparing financial statements, reconciling accounts, conducting audits, and ensuring
compliance with accounting standards and regulations.
9. Economic Research: Interns may work on economic research projects, analyzing
macroeconomic indicators, forecasting economic trends, and assessing their impact on
financial markets and business operations.
10. Financial Services: Internships in financial services firms, such as banks, insurance
companies, asset management firms, and brokerage firms, provide exposure to various
financial products and services, client relationship management, and regulatory
compliance.

Activities Conducted as a Finance Intern

1. Financial Analysis
 Analyzing financial statements
 Identifying trends
 Preparing reports for management.

2. Budgeting and Forecasting


 Help with budgeting processes by collecting data
 Updating spreadsheets
 Assisting in the preparation of financial forecasts.

3. Data Entry and Management

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“A Study on Sparsha Trust”

 Handle data entry tasks


 Updating financial records in databases
 Maintaining spreadsheets
 Organizing financial documents.

4. Assisting in Audits
 Support audit processes by gathering documentation
 Performing reconciliations
 Helping auditors with inquiries.

5. Market Research
 Conduct market research to support financial decision-making
 Analyzing industry trends
 Competitors
 Potential investment opportunities

6. Financial Modeling
 Assist in building financial models
 Evaluate business decisions
 Investments
 Potential scenarios.

7. Assisting with Financial Transactions


 Help with processing financial transactions
 Invoices
 Payments
 Expense reports.

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8. Participating in Meetings
 Opportunity to attend meetings with finance teams
 They can observe discussions
 Take notes and contribute insights when appropriate.

9. Learning and Development


 Participate in training sessions and workshops
 Develop their skills in finance-related areas, such as excel
 Financial analysis techniques
 Industry-specific knowledge.

10. Special Projects


 Assigned special projects to work on independently or as part of a team
 Providing them with opportunities to apply their skills and knowledge to real-
world challenges.

Challenges Faced by Finance intern

1. Complexity of Financial Concepts: Finance involves intricate concepts and


terminology that can be challenging for interns, especially those who are new to
the field. Understanding financial statements, ratios, and investment principles
requires time and effort to grasp fully.
2. Heavy Reliance on Software and Tools : Many finance tasks involve using
specialized software such as Excel, financial modeling tools, and accounting
software. Learning to navigate and utilize these tools effectively can be
daunting for interns.

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3. Fast-Paced Environment: Finance departments often operate in fast-paced


environments where deadlines are tight and priorities can shift quickly. Interns
may find it challenging to keep up with the pace and manage their time
effectively to meet deadlines.
4. Balancing Learning and Contribution: Interns are often eager to learn and
contribute to meaningful projects, but finding the right balance between
observing, asking questions, and taking initiative can be challenging. Interns
may struggle to find opportunities to contribute while still learning from
experienced professionals.

Chapter:-03
Experiential Learning

Internships provide hands-on experience that transcends theoretical


knowledge. They offer a glimpse into the day-to-day operations of
financial institutions, allowing interns to witness firsthand how financial
theories are applied in real-world scenarios. This practical exposure is
invaluable in bridging the gap between classroom learning and
professional practice, equipping interns with the skills and insights
necessary to thrive in the finance industry.

Finance internships play a pivotal role in shaping the future of aspiring


professionals in the financial realm. These internships offer a unique
blend of experiential learning and networking opportunities, making
them indispensable for anyone looking to establish a career in finance.

Internships serve as fertile grounds for building professional networks.


Through interactions with seasoned professionals and fellow interns,

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participants have the chance to forge meaningful connections that can


open doors to future career opportunities.

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