Preview

Analysis of the Work Environment of Women in Financial Sector

Powerful Essays
Open Document
Open Document
3900 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Analysis of the Work Environment of Women in Financial Sector
CHAPTER 1
INTRODUCTION

India being a developing global economy, financial sector plays a vital role in the development of the country. By empowering women in the financial sector we empower the community and the economy as a whole. Women in emerging markets are extremely important as companies need gender balanced senior management teams to participate in the global market strategically and wisely. There are significant development gains to be made in ensuring women’s equitable access to and control over economic and financial resources, including in relation to economic growth, the well-being of families and communities. If women are held back and not given the due position and importance in financial sector leading to inequality in access to resources it will represent a global challenge with implications at individual, family, community and national level. Women’s equal access to and control over economic and financial resources is critical for the achievement of gender equality and empowerment of women and for equitable and sustainable economic growth and development.
Be it in any field women are making their mark equally. Even though the status of women in Indian society has a newer dimension, there are certain disparities that still prevail in the Indian economy and in particular the financial sector. This research provides a glimpse into the status of women in financial work sector in India based on interviews with Indian professional women and findings from Indian research studies.
OBJECTIVES
* To study the work environment and problems faced by women in the Indian financial sector * To study the factors affecting the hindrance of gender equality and balanced approach in the Indian financial sector
LIMITATIONS/ SCOPE * The respondents of the study were limited to women working in the financial sector * The respondents were restricted to Pune city

CHAPTER 2
REVIEW OF LITERATURE

Study 1:
“Harvard and Beyond Project” by


Bibliography: 1. Baden, Sally. 1996. “Gender Issues in the Financial Sector”. Gender Issues in Financial Liberalisation and Financial Sector, Page no.14-20 2 3. Ganguly, Ms.Sraboni. 2008. “21 Century Women in Corporate World”. Retrieved on August 1, 2012 from www.indianmba.com 4 5. Gudrais, Elizabeth.2010. “Family or Fortune”. Retrieved on August 1, 2012 from www.harvardmagazine.com 6
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Women In Barbara Kingsolver's The Bean Trees
    • 549 Words
    • 3 Pages

    Women In Barbara Kingsolver's The Bean Trees

    Women in India have suffered greatly for the past centuries, as they face significant contravention of human rights. The struggle for rights is disconcerting for Indian women. Although despite all the struggle, women in India are starting to take steps to become valued members of society. The state government has been encouraging women to start their own corporations and businesses. Men have accepted women working, but most are still holding on to the stereotypical jobs that women should…

    • 549 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Frankenstien
    • 572 Words
    • 3 Pages

    Frankenstien

    Many people are indecisive over who is the true monster in the novel of Frankenstein, written by Mary Shelly. There are some people who believe the Monster that Victor creates is the true monster in this story. Others have gathered evidence that defends the Monster, and puts Victor Frankenstein in the position of being the villan. In this novel, Victor is shown as a selfish man in which generates a creature, whom he eventually chases off, due to his own fears. The Monster runs off scared and afraid, but soon finds his way back to Victor, in hopes of finding a companion. The Monster places his actions in a sympathetic light, and shows Victor Frankenstein to be both responsible for the events in the book and morally flawed as a character.…

    • 572 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    Reasons For US Failure In Vietnam War
    • 1275 Words
    • 6 Pages

    Reasons For US Failure In Vietnam War

    The US initiated a war which was based on; speculation, misinformation and pride. The US felt obliged to do something based on what they assumed and speculated, and this would have a big impact on the entire nation. The US would need to use every resource which was available to them to be able to defeat Vietnam in their evident uphill battle.…

    • 1275 Words
    • 6 Pages
    Better Essays
    Read More
  • Good Essays

    Taboo: Management Consulting and Policy Prohibiting Women
    • 455 Words
    • 2 Pages

    Taboo: Management Consulting and Policy Prohibiting Women

    However, B&M recently has been the subject of a series of reports by both the Los Angeles Times and the New York Times that scrutinise its policy on female executives in certain nations. B&M has learned, through its years of consulting, that certain countries in which it negotiates for contracts prohibit the use of women in the negotiation process. The cultures of many of these countries do not permit women to speak in a meeting that includes men. Consequently, B&M has implemented a policy prohibiting women partners from being assigned these potential account negotiations and later the accounts themselves. Clerical help in the offices can be female, but any contact with client must be through a male partner or account executive.…

    • 455 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Human Resource Management
    • 594 Words
    • 2 Pages

    Human Resource Management

    Evaluation of whether a company is fair to women in terms of pay structure could be done from two perspectives. The first would include a comparison of remuneration of women with regard to that of men. In this regard, the determination of whether the company is fair or discriminative to women when it comes to pay structure would be based on whether there exist great disparities or differences between pay for men and that for women serving in the same job group. On the other hand, this could be determined through recruitment and employment policy of the company. Whereas the company may not directly pay women less amounts of pay as compared to men, it may do so through developing policies that inhibit professional growth and advancement of women employs and indirectly keeps their pay at the lowest rates (Weiss, 2004).…

    • 594 Words
    • 2 Pages
    Good Essays
    Read More
  • Better Essays

    Non-Market Strategy for Big Pharma Companies as a Response to India’s Protectionist and Discriminatory Policies
    • 1572 Words
    • 7 Pages

    Non-Market Strategy for Big Pharma Companies as a Response to India’s Protectionist and Discriminatory Policies

    Leading Pharmaceutical companies have, in recent times, been alarmed by the some adverse regulatory rulings in India. First in a landmark decision in March 2012, the Indian Patent Office allowed a domestic company (Natco Pharma Ltd.) to sell a generic version of Bayer AG's cancer drug ‘Nexavar’ on the grounds that the German company’s drug not affordable to the local populace due to cost reasons. Then in March 2013, the Honorable Supreme Court of India denied patent protection to Novartis’s blockbuster cancer drug ‘Gleevac’ stating that Novartis had resorted to ‘evergreening’ in an effort to extend their monopoly beyond the standard patent period. The Indian ruling has attracted global attention especially from the Big Pharma companies here in the U.S. The view is that India has scant disregard of intellectual property (IP) and pharmaceutical patent polices and the rulings are geared to favor local generic drug makers by way of issuing compulsory licenses. Pfizer’s Chief IP counsel Roy F. Waldron had, in written testimony before the US House Committee hearing on US-India trade relations in March 2013, accused India of being anti-IP rights. In his testimony he mentions that the “Business environment (in India) for innovative industries has deteriorated significantly in recent history” and “India has taken steps that call into question the sustainability of foreign investment and the ability of American companies to compete fairly.”…

    • 1572 Words
    • 7 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Discrimination Regarding Fair Wages
    • 452 Words
    • 2 Pages

    Discrimination Regarding Fair Wages

    In today’s fast paced world of business, women have become an unquestionable influence within the workplace. Back in the 1960 's the idea workforce was made up of white males in their mid 40 's in either being a blue collar or a professional employee. In 2006, “it was stated that eleven Fortune 500 companies were being run by women, including companies such as the New York Times, Sara Lee, and Avon Products” (Women CEOs, 2007).…

    • 452 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    Women in the Workforce
    • 1187 Words
    • 5 Pages

    Women in the Workforce

    Nichols, Nancy A. Women and the Changing Facts of Work Life. Boston, Mass.: Harvard Business School Press, 1996…

    • 1187 Words
    • 5 Pages
    Better Essays
    Read More
  • Better Essays

    Women in Accounting
    • 1776 Words
    • 8 Pages

    Women in Accounting

    This chapter critically reviews literature on what scholars deem to be the factors that contribute to female scarcity in senior positions as far as the accountancy profession is concerned. It will also document the history of women in the accountancy profession. The review of literature takes into account the international, regional and local contexts.…

    • 1776 Words
    • 8 Pages
    Better Essays
    Read More
  • Powerful Essays

    Wall Street Women
    • 2526 Words
    • 11 Pages

    Wall Street Women

    Fisher saw an opportunity to carve out a niche within the academic literature to examine career movements and the underlying motivation for women in Wall Street. She began by interviewing a group of 20 women who were in senior level management in 1993. She went on to keep in touch with them to throughout the financial crisis and kept track of their careers…

    • 2526 Words
    • 11 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Controversy: The Issue Of Equality Between Men And Women
    • 195 Words
    • 1 Page

    Controversy: The Issue Of Equality Between Men And Women

    Firstly, in the recent decades, the society has changed dramatically and a significant proportion of females are achieving outstanding results in career and profession. Furthermore, even in the third world countries like Asia, Africa and Latin America, the presence of working ladies is everywhere, competing with the gentlemen counterparts and even surpassing them in different occupations. However, imposing legislations to restrict certain job positions for one…

    • 195 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    Women in Management
    • 1609 Words
    • 7 Pages

    Women in Management

    Since the rise of capitalism and large corporations, traditionally, the vast majority of top positions throughout the world have been held by males rather than females. Yet, since the 1970s, women have made a substantial stride in becoming part of the labour force. There are an increasing number of women who enter the workforce and an increasing number of managerial positions filled by women. Furthermore, companies have been taking huge strides in promoting and recruiting women in all levels of management and have introduced benefits such as parental leaves, part-time policies, and travel-reducing technologies to help them stay in the company (Barsh and Yee 2011). As well, corporations realize there benefits of working women within their company. For instance, in the United States of America, women have been a growing factor in the success of the country’s economy. Without women, the economy would be 25% smaller (Barsh and Yee 2011). Although there has been promising news in women’s advancement, the fact remains is women’s access to senior management positions remains limited. Since the three decades has passed of women entering male professional and managerial occupations, women’s persistent underrepresentation in senior managerial positions remains a puzzle. The proportion of women in middle and senior management positions had stagnated over the last 20 years. The gap between men’s and women’s representation in the senior management ranks narrowed very little during that 22-year span, and the proportion of women senior managers overall as a share of the female labour force was virtually unchanged during that period (The Conference Board of Canada 2013:3). The reason why women have yet made it through to higher organizational levels is related to the concept of the glass ceiling. The glass ceiling constitutes an invisible barrier for women and minority groups, preventing them from moving up the corporate ladder (Weyer 2007:483). One aspect of the glass ceiling…

    • 1609 Words
    • 7 Pages
    Good Essays
    Read More
  • Powerful Essays

    women empowement in microfinance in surt city
    • 1004 Words
    • 9 Pages

    women empowement in microfinance in surt city

    Certified that this Summer Internship Project Report Titled “Women Empowerment in Micro Finance in Surat City” is the bonafide work of Mr. Hitesh A. Jariwala (Enrollment No. 138050592025), who has carried out the research under my supervision. I also certify further, that to the best of my knowledge the work reported herein does not form part of any other project report or dissertation on the basis of which a degree or award was conferred on an earlier occasion on this or any other candidate.…

    • 1004 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Impact of Globalisation on Women
    • 3336 Words
    • 14 Pages

    Impact of Globalisation on Women

    The roles of women in India have been changing and they are now emerging from the past traditions into a new era of freedom and rights. The basic objective of this paper is to examine the changing role of women due to globalization in Indian society. This concern is not merely academic but is central to the process of emerging development in India. There is a need to critically evaluate the impact of globalization on women in India and also to know the positive & negative impacts of it on the position of women in India at present.…

    • 3336 Words
    • 14 Pages
    Powerful Essays
    Read More
  • Good Essays

    Why Asian Has More Women Private Bankers
    • 461 Words
    • 2 Pages

    Why Asian Has More Women Private Bankers

    According to the article, Ms Tan Su Shan, 45, is the head private and consumer banking of DBS Group Holdings. She mentioned that when she still working for Morgan Stanley, she has to work on her laptop and mobile phone while she giving birth. Doctor applied nitrous oxide to relief the pain of giving bith when Ms Tan was on the phone with her client. It showed that women are hardworking and put a lot of effort and care on their work when she’s still suffering from pains. This is one of the reason why female private bankers outnumber men when it comes to wealth management. Given that Ms Shalini Malkni, more women had taken up profession and excelling. Men would rather choose women and talk about personal wealth issue because women often are more sensitive and empathetic. Ms Lim Li Li, a managing director, recalled that she got an urgent call from a wealthy Thai client while she was vacationing in Japan. She flew immediately to Bangkok and had a meeting with client family members in a midnight. This gained trust and get the contact of relationship closer between client and banker. She also felt privileged where she’s the only banker for solving an important crisis instead of any bankers. Ms Lim mentioned that some first or second generation Asian entrepreneurs may prefer female bankers, because it usually friendly and it can communicate well by using gentle or soft tone. Therefore, it is much easier to get along as a friend or close members. In Asia, people usually think that working as a private banker, females fits the requirements of being patience, clean, neat and a listening ear compared to males. It feels warmly or even gains trust when clients receive present from female bankers such as flowers or chocolate. However, clients may get a wrong message if male bankers do the same, and that may lead both relationship of client and banker even further. Thus, men are suitable to work as investment banking…

    • 461 Words
    • 2 Pages
    Good Essays
    Read More

Related Topics