Summer Intern Review

by Lloyds Banking Group

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

3.3/5
  • The Role
    3.5
  • The Company
    3.1
  • The Culture
    3.1

    The Role

  • 1. To what extent did you enjoy your work placement or internship?

    • Had a great time - the people at Lloyds are fantastic and so are the other interns. Very senior managers are happy to sit with you and interested in your work and opinion.

    4/5
  • 2. To what extent did you feel valued by your colleagues?

    • Very, was always asked to complete work who always thanked me for every task completed.

    5/5
  • 3. To what extent were you given support and guidance by management/your supervisor(s)?

    • Line manager was always happy to answer my questions. Across the intern group, most line managers were very busy and it's difficult for them to give you 1-on-1 support all the time. However no-one is going to hold your hand and guide you through the experience - you have to be proactive. I set my own goals, arranged my own reviews with my line manager etc. which ended up looking better than having lots of guidance

    3/5
  • 4. How busy were you on a daily basis?

    • Constantly had projects on the go - was fairly quiet for first two weeks as I didn't have a laptop and the majority of the team (who aren't based in the same office) didn't realise I was there. After making myself known and proactively seeking work I have ended up working on a project for every team member.

    4/5
  • 5. How much responsibility were you given during your placement?

    • A fair amount - was left to complete a lot of client impacting work including looking at repricing products. Was difficult with some projects as they require a lot of technical knowledge/ are NDA covered.

    4/5
  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?

    • Not at all with my degree - I study humanities. Invaluable experience in terms of what office life is like, learning how to use excel and powerpoint very efficiently

    3/5

    The Company

  • 7. What was the general atmosphere in your office?

    • Everyone is friendly and happy to talk to you - easy to have a chat and actually get to know people. Was hard with hot desking - ended up disrupting people by sitting in their usual desk.

    4/5
  • 8. How well organised was the overall work placement or internship set up?

    • Internship was okay - people within the stream had very varied experience depending on what stream they were placed in. 'Clients and Markets' - my role had nothing to do with either, which I was fairly disappointed about as I chose Lloyds above other banks for this reason. Should definitely change the name and be more transparent about likelihood of working in divisions. Also don't give you any divisional preference.

    3/5
  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?

    • Had training throughout the internship - this would have been a lot more useful at the beginning as it became fairly irrelevant at the end when you were being trained in something you had to train yourself for. Had 'Professional Banker' training which is listed as a feature during application. Nothing exciting - just fancy regulatory training.

    3/5
  • 10. What were the perks on your work placement?

    • 3/5
  • 11. How appealing are future employment prospects within the organisation?

    • If the scheme stays the same and remains based in London for the 2 years I would stay with Lloyds. However think both of these things are changing based off of questions asked in interviews

    5/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?

    • Good - everyone was really friendly. However there was quite a large divide between scholars and interns - scholars were not all particularly welcoming to interns at first, this is something that HR should look into managing

    4/5
  • 13. What was the cost of living and socialising in the area you worked in?

    • It's central London...

    2/5
  • 14. What was the Nightlife like in the area you worked?

    • Its central London...

    5/5
  • 15. Were there many opportunities to get involved in activities outside of work?

    • Not really, but maybe I wasn't looking in the right places. Doesn't seem like interns can join external work activities however

    2/5
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Details

Internship (1 Month+)

London

August 2017

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