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
I did enjoy the summer internship at MUFG Securities, it was an extremely rare opportunity where you can learn from a lot of different departments in the bank. The internship really gives you a proper training and your work is valued. I would recommend as it is well structured and you can make the most of it by being proactive.
The members of the team are extremely approachable, you can learn from each one of them. It is really perfect for students, as they do not expect you to know most of the details and therefore explain it accordingly. You can also gain a lot of exposure to different sides of the bank, everyone is open and friendly. There is a real motivation to help the interns learn.
As management is easy to reach-out to, the support and guidance you can gain from them is invaluable. You have to ask questions and be interested in what you are doing. Once this is the case then you can easily learn what everyone is doing. I really like the fact that management is easily accessible.
There is a good amount of workload to keep you busy, I think the point of the internship is to help you improve and for this reason there is enough work. Most importantly you can always offer your help to your colleagues. There is always something that needs to be done. Interns get an exposure to a broad range of products
As a summer intern you get the responsibilities an intern expects to have. You can always help other members of your team and increase your exposure. You are free to do as you like if you finish your projects during the deadlines. You cannot expect an intern to have more responsibility it would not makes sense.
The practical skills I learned at MUFG securities will help me in my degree as I know have a better understanding of the execution of Financial products and how they are made. We also have one week of intensive training that covers a wide range of financial products. This is extremely helpful, as it links theory and practice.
The Company
The general atmosphere in the office is open and approaching. Everyone is kind and civil, and the general atmosphere is extremely professional which is what you would expect from a bank. People seem to be genuinely interested in their work and are happy to share their expertise. For an intern it is the perfect atmosphere
The firm does invest in you quite a lot. You follow a week long training with an external contractor. You also have a Bloomberg terminal, Excel, Powerpoint and VBA training. That is before actually starting at your desk where you can develop even more by actually helping on ongoing deals. You also have personal effectiveness and lunch & learn sessions, that help you understand new concepts.
Flexi Time
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
Travel loan
The Culture
The social scene between the interns was a bit dull. Most are not too interested in socialising. This can be a bit frustrating at times. However I think it is common at the firm, few people tend to meet after work. The company does not have an enormous amount of juniors which would make the social scene a bit more alive.
The office is located in London. This means that it is no surprise that the cost of living and socialising are extremely high. You have to plan this before you start the internship as finding a place can be quite difficult. The nearby bars are average for London, but they are not too bad either.
They were few opportunities to get involved outside of work. This was perhaps something that the firm can easily improve. They are a lot of venues nearby, it should be easy to do but for some reason this is not the case. I think this was missing from the internship from my perspective.
Details
Internship (1 Month+)
Banking
London
August 2017