Guideline
My case
EXECUTIVE SUMMARY
You should provide a short (no more than 250 words) executive summary in your report. This summary should describe your internship in a few sentences, mainly stating where, what you have done and what you learned. Just a general description. An executive summary is a section of the report, in this case less than one page that summarizes the longer report. It usually contains a brief statement of the goal of the internship, background information, analysis and main conclusions. Preferably, the summary would contain only one paragraph and would avoid any excessive details.
ACKNOWLEDGEMENT
You should provide a short (no more than 250 words) paragraph(s) acknowledging people who contributed to your Co-Op internship program. The acknowledgment and thanks should be sober and simple and directed at the persons who contributed professionally to the internship experience. I need help writing my essay – research paper avoid references to family members or friends unless they were involved in the work. A typical acknowledgement would start by thanking the company or institution that provided the training. Then you would acknowledge the persons involved in the company, starting with the supervisor of your Co-Op program. You may elaborate on individual contributions with a bit of details. Avoid giving too much detail. Give a general description of their task towards you, or any help they may have given. Finally, you may want to thank the academic supervisor, Head of Department and the Deanship of the College of Business Administration for providing the opportunity to gain practical experience through the Co-Op semester course. You may split the acknowledgement in several paragraphs if you wish to do so, for visual effect and emphasis. You may use bullet points to list people contributions. Finally, you can finish the acknowledgement by making a general statement thanking for example all the people at the University who work hard to provide students with a suitable learning environment.
I would like to take this opportunity to thank the people who contributed to the success of the Co-op program. I wish to give special thanks to Abdullah Alsubiea and Arwa Abuhaimid from HCD (human capital development for them continues support and guidance during the period of my Co-op training. I also wish to thank my supervisor Muhammad Saad Anwar for his approval to join his department. I also wish to express my gratitude to my teammates Junaid and Albaq from finance planning team who made the program worthwhile through the team spirit that they exhibited throughout the program. I appreciated the help of Raed Al-hubail the manager of treasury services who provided me with the support I need to move to the credit risk management department. I want to convey gratitude to Tibor Szucis the risk manager for having me and providing the practical learning and experience. I also wish to thank Sarah Almulhim and Muhammad Alhilal for the time and effort they spends teaching me everything about credit and loan Management. I extend my gratitude to my Academic Supervisor Alanoud Alsaab and the head of Co-op unit Faisal Alhudithi for their cooperation. I perceive this opportunity as a significant change in my life. I will strive to use the gained knowledge and skills in the best way for my future career.
COMPANY BACKGROUND
Established in 2011, Sadara chemical company is a joint venture between Saudi Arabia Oil Company and Dow Chemical Company. The company deals in a variety of chemical products as well as oil-based products. Sadara Chemical Company operates on the premises of legal and ethical standards as well as high level of trustworthiness.
The conglomerate is one of the few conglomerates that Saudi Arabia government is banking on to realize its Vision 2030 plans. Apart from providing work to thousands of home-based and international workers, Sadara chemical is also in the forefront of providing a wide range of chemical and oil products for local and international customers.
Company Information
The first section starts by providing detailed information about the company and department where you performed your internship, the main focus area of the company, and your motivation (or that of your College) for choosing this company as the place for your internship. You may develop different sections for separate parts of information about the company background. For example:
1.4.1 History of the company
In this section, write about the history of the company. Use few paragraphs, even sub-sections to describe additional history of the organization you trained in. For example, you can use the following subsections as it applies and organize the history of the company as deemed appropriate.
1.4.2. Beginnings of the company
Use this sub-section to describe the beginnings of the company (if applicable).
1.4.3. Evolution of the company
Use this sub-section to describe the evolution of the company (if applicable).
1.4.4. Introduction of the company in the global market
Use this sub-section to describe the company in the global market (if applicable).
1.4.5. Company major mergers
Use this sub-section to describe the company major mergers (if any) … and so on.
The Department where I performed My internship:
1-The finance planning department for two months
This department is charged with the planning and evaluating the company’s financial and capital projects. Another key function performed by the financial department of the company is using strategic financial planning and analysis to propel the company to the Future. The general scope of the operation of the finance department is corporate planning, forecasting, and ensuring that the company has sound financial policies. In order to achieve these objectives, the finance team has come up with four major areas of operation of ensuring that the company is on track to achieving its objectives.
The four areas of operations include the daily financial accounting, business strategy, coming up with a shareholder portfolio, and ensuring steady flow of supply to customers.
2- The treasury department
This department is managing the financial resources of Sadara Chemical Company by minimizing the cost of borrowing, managing the cash and Foreign Exchange positions, ensuring an efficient financing structure and banking relationships. There are three division within this department Corporate Risk Managem Risk Management is the process of identifying, quantifying, and managing the risks that Sadara faces. Once an exposure is identified, our job is to create a strategy to mitigate and minimize the effect that exposure might have on Sadara.ent and Loan Portfolio Management and Treasury Services.
Financial Risk
•Identifying exposures and risks, and categorizing their importance and effect on Sadara’s books.
•Developing strategies to minimize volatility that might affect the Sadara.
•Managing and Hedging Foreign Exchange, Interest Rate, Commodity Risk Exposures.
•Usage of financial tools to manage exposures in volatile markets.
Insurance
•Placing, reviewing, negotiating, analyzing, maintaining policies.
•Maintaining insurance claims.
•Reviewing insurance provisions in contracts.
Credit Management
•Maximize economic profit and cash flow.
•Optimize risk versus reward.
•Minimize and manage the risk of Counterparty default which could lead to bad debt losses
