This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.
Rating
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The Role
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The Company
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The Culture
- 1. To what extent did you enjoy your work placement or internship?
- 2. To what extent did you feel valued by your colleagues?
- 3. To what extent were you given support and guidance by management/your supervisor(s)?
- 4. How busy were you on a daily basis?
- 5. How much responsibility were you given during your placement?
- 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
- 7. What was the general atmosphere in your office?
- 8. How well organised was the overall work placement or internship set up?
- 9. In terms of personal training and development, to what extent did the company or firm invest in you?
- 10. What were the perks on your work placement?
- 11. How appealing are future employment prospects within the organisation?
- 12. Was there a good social scene amongst any fellow placement students/colleagues?
- 13. What was the cost of living and socialising in the area you worked in?
- 14. What was the Nightlife like in the area you worked?
- 15. Were there many opportunities to get involved in activities outside of work?
The Role
RBC makes a great effort to ensure that interns have a great summer, while seamlessly exposing them to the industry.
My colleagues had been well briefed about the intern program and had work ready for us when we arrived. Manuals had been prepared to ensure we were able to get up to speed quickly.
Interns had unprecedented management access. As an intern at RBC, you have the ability to meet anyone. I've met with multiple Directors and Managing Directors who gave me great advice about the industry.
The nature of Investment Banking means that long hours are often required. However, my team made efforts to ensure I had work to do and not doing the notorious "facetime" in the industry.
As of the first day of my internship, I was placed on a live deal. I was extremely pleased have had the opportunity to have such an impact from Day 1.
The entire first week of the internship is dedicated to getting the class up to speed on accounting and finance skills. What's more, the learning continues throughout the internship while working closely with your team.
The Company
The team that I was working with was extremely friendly. They constantly ensured that I was given challenging tasks, yet made sure that my workstream was manageable. RBC is also unique in the sense that it is Top 10 Bank and yet growing. This makes for a great working environment.
RBC has a dedidcated Campus Team. Within the team, there are specific team members who ensure that the internship program runs smoothly. The activities were always well planned and fun. Punctuality and efficiency is greatly appreciated when you are a banker!
The company spent the whole first week investing our training and development. Then, after hitting the desk, my VP ensured my training would continue by setting tailored goals for my internship.
Subsidised Canteen
Sports and Social Club
Company Car
Subsidised/Company Gym
National Travel
International Travel
Financial Bonus
Company Parties/Events
Staff Sales/Staff Shop
Above 25 days holiday
Working from home
Healthcare from home
Healthcare/Dental
The vast majority of interns enjoyed their experience and wanted a return offer from RBC. The people who decided to leave, generally felt the industry wasn't the right fit (rather than RBC as a firm).
The Culture
The interns often had lunch or supper together. It was quite a friendly environment. Because RBC had the ability to hire all interns in the graduate program, there was no pressure to compete directly with other interns.
London is typically a very expensive city, but I lived in student accommodation. Meals are generally covered by the firm. Also, usually my team would pay for team drinks so I rarely spent money outside accommodations.
I worked in the City of London. It has arguably the best nightlife in the world (maybe NYC). There's something for everyone in London whether you want to go clubbing, go to the theatre or relax with friends.
London is the centre of the world, making it incredibly international. There is a group for any kind of interest you have. The time constraints in banking make it more difficult to attend recurring activities, but there are certainly endless opportunities to get involved.
Details
Internship (1 Month+)
Investment Banking, Banking
London
October 2016