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SUBMITTED BY
Abid Hussain
MB-1-10-54622
Submission date
February 28, 2013
1
Table of Contents
ACKNOWLEDGEMENTS ............................................................................................................ 3
Our Vision................................................................................................................................... 6
Our Mission................................................................................................................................. 6
University.................................................................................................................................... 8
Establishment ............................................................................................................................ 10
CONCLUSIONS........................................................................................................................... 13
RECOMMENDATIONS .............................................................................................................. 13
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ACKNOWLEDGEMENTS
All the praises are for the almighty, Allah who bestowed me with the ability and potential to
complete this Internship. I also pay my gratitude to the Almighty for enabling me to
complete this Internship Report within due course of time.
Words are very few to express enormous humble obligations to my affectionate Parents for
their prayers and strong determination to enabling me to achieve this job.
I also appreciate the cordial co-operation from all my concern Managers in the different
departments of Aga Khan University Hospital especially Mr. Ameen Megani and HR
Department for providing me requisite information and knowledge for compilation of my
complete Internship.
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EXECUTIVE SUMMARY
I have my internship in Aga Khan University Hospital, in which I got training from its
finance department. The internship basically revolved around the product knowledge
training. The system, the style of working & the commitment of the employees in AKUH is
really exemplary.
The difference between the success & failure is doing things right and doing things nearly
right, & AKUH has always tried for success & that is why it is known to be one of the
leading organizations in Pakistan and in the World as well.
In this report I have given a brief review of what I have seen during my internship. I have
mentioned all these as I have made an internship as according to the schedule. I also
mentioned about the AKUH and vision/mission of The Organization.
Then I have discussed about my learning in the whole internship that is all about the
terminologies. I have made it possible to write each and every thing that I have learnt there. I
have all my practical efforts in the form of this manuscript that’s the asset for my future
career.
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ABOUT ORGANIZATION
This University Hospital has 542 beds in operation and provides services to over 38,000
hospitalized patients and to over 500,000 outpatients annually with the help of professional
staff and facilities that are among the best in the region. Care is available to all patients in
need. Those who are unable to pay for treatment, receive assistance through a variety of
subsidies and the
Hospital's Patient Welfare
Program.
AKUH is the first hospital
in Pakistan and among the
first few teaching
hospitals in the world to
be awarded the
prestigious Joint
Commission International
Accreditation (JCIA) for
practicing the highest
internationally recognized
quality standards in health
care. Similarly, the Hospital also holds ISO 9001: 2000 certifications for practicing
consistent international standards of quality services.
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Our Vision
Our Mission
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Facilities
The Hospital is equipped to diagnose and treat Medical (including Cardiac), Surgical,
Obstetrics and Gynecology, Pediatrics and Psychiatry patients and its inpatients have an
average length of stay of 3.6 days. The Hospital also provides comprehensive Oncology
Services including: Medical and Surgical Management, Radiation Therapy, Chemotherapy
and Bone Marrow Transplant. AKUH has 577 beds in operation including 4 VIP, 106 Private
and 100 Semi-Private air-conditioned rooms, 202 General Ward beds and 32 Surgical Day
Care beds. In addition, 70 Special Care Units (SCU) and 08 Cardiac Step Down (CSDU)
beds are located at various locations within the hospital and55 Critical Care beds are
available in Intensive Care Unit (ICU), Coronary Care Unit (CCU), Coronary Intensive Care
Unit (CICU) and Neonatal Intensive Care Unit (NICU). The Hospital has 11 main operating
theatres. There arefour additional operating theatres in Surgical Day Care, 2 in Community
Health Centre, 1 in Obstetrics and Gynaecology and 2 mini-theatres in the Section of
Emergency.
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University
Founded by His Highness the Aga Khan and chartered in 1983 as Pakistan's first private
university, Aga Khan University's (AKU) objective is to promote human welfare in general,
and the welfare of the people of Pakistan in particular, by disseminating knowledge and
providing instruction, training, research and service in the health sciences, education and
such other branches of learning as the University may determine. It occupies a pivotal place
within Aga Khan Development Network. AKU brings international expertise to bear upon
the establishment and enhancement of its current and future programs and services through
ongoing partnerships with prestigious overseas institutions. Additionally, in line with its
commitment to the advancement of the status and professional opportunities for women, the
University seeks similar collaborations to strengthen women-oriented professions such as
nursing and teaching. Through its Medical College, School of Nursing and teaching Hospital,
its Institute for Educational Development, Institute for the Study of Muslim Civilizations and
the Examination Board, the University educates while contributing to the development of the
areas in which it operates.
AKU is a non-
denominational institution
open to all, irrespective of
religion, ethnicity, gender
or national origin. Forty-
four per cent of the
University's faculty is
women, many in senior
posts. Fifty per cent of
students in the Medical
College are also women.
The University's admission policy is needs blind and based on merit. For 2006-07, almost
half of the students receive financial aid. While the University sets its sights on the latest
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breakthroughs in health sciences and technology, as well as the application of well-proven
and appropriate technologies that have been insufficiently applied in Pakistan,
it also seeks to integrate systems of values, ethics and principles. In doing so, AKU is an
important force for pluralism, teaching the skills of critical thinking, analysis and problem
solving, while inculcating moral reasoning, ethics and respect for others.
In its first two decades, AKUH’s major focus was in the fields of health and education. In the
decade ahead, the University plans to step beyond professional education towards becoming
a comprehensive university.
Following the liberal arts model, a Faculty of Arts and Sciences will be established on a new
campus in Karachi and East Africa. It will develop skills in critical thinking and analysis,
raise proficiency in verbal and written communication, enhance human resource
development in the region, and advance understanding in particular academic disciplines.
There are two main business functions of Aga Khan University Hospital.
To provide health services to the patients
To provide education to the students
AKUH is the first hospital in Pakistan and among the first few teaching hospitals in the
world to be awarded the prestigious Joint Commission International Accreditation (JCIA) for
practicing the highest internationally recognized quality standards in health care. Similarly,
the Hospital also holds ISO 9001: 2000 certifications for practicing consistent international
standards of quality services.
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Costing & establishments
Internal audit & price store ledger
Book and Budget
Bills Payable
This section handles the payment to be made to the suppliers. This includes the receiving of
stores receipt vouchers, purchase order and their verification in terms of quality and quantity.
Once the claims are found satisfactory, the payment is made as per the terms.
Establishment
This section handles all the payment to the employees such as
Salary & provident fund
Incentives
Medical reimbursement
Internal audit:
After preparing the balance sheet, the internal auditors will audit & they send audited balance
sheets to the government auditors to audit the balance sheet.
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SUMMARY OF MY LEARNING AS INTERNEE
It was a tremendous experience that I have availed with devotion and commitment. But one
thing I want to share its not easy that looks it has a great toughness and complications in its
process but the overall it was nice and great. Here I am sharing some of my learning
regarding my internship in respective departments.
Following are the some terminologies which I learnt, which I practiced during my internship
in Finance Department of AKUH, Karachi.
Making Vouchers
Making Payments
Making Adjustments
Remittance Vouchers
Making proposals of Vendors
AKUH uses Oracle's PeopleSoft (SAP applications): designed to address the most complex
business requirements. They provide comprehensive business and industry solutions,
enabling organizations to increase productivity, accelerate business performance, and
provide a lower cost of ownership. All the departments are centralized through PeopleSoft.
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People Soft General Ledger
People Soft General Ledger combines accounting, consolidation, management reporting,
executive information, decision support and budget into one streamlined systems package.
They include an unrestricted chart of accounts definitions, balancing by Chart Field,
summary ledger processing, average daily balancing, an unlimited number of accounting
periods, effective dated information, summarization using graphical tree structures, multiple
ledgers, multiple business units, sophisticated allocation and budgeting-plus. Taken together
it is probably the most innovative integration of spreadsheet technology and financial
reporting ever.
Inventory
People Soft helps in inventory management. Now, there is no need to raise requisition for
daily purchases such as stationary and biscuits and it has become a single window operation.
There is no need to call finance and every manager can review his department’s order
information. The requisition status can also be known.
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Advantages of People Soft
o Overall, People Soft modules provide the following benefits:
o Empower the users
o Is good functionality wise
o Upgrading data is easy
o Makes processes efficient
o Provides information for decision making
o Employees have more access
o Searching for information is easy
o Work flow is maintained
CONCLUSIONS
The time spent for the internship at AKUH were no doubt a source of great learning for me
about many things particularly working in Finance Department. This practical project do
help me attain loads of knowledge about the predominant functions performed by banking
companies, but also impart a lot of training as regards the set of behavioral traits which
distinguish a particular person from the rest of the lot in a professional environment.
RECOMMENDATIONS
The training program should also be more inviting and involving. It has been proven
that when people are part of the change process their resistance to the change is much
lower. Rather than imposing change, helping employees bring that change will result
in quicker and wider acceptance of the system.
People Soft is internationally developed software and some of the modules need to be
customized according to Pakistani law requirements and business practices. This
requires a specialist team to customize the modules, which causes errors and bugs in
the system. If AKUH collaborates with other organizations that use People Soft, it can
collectively overcome the problems caused by customization.
The End!
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