Capital Markets Summer Analyst Review

I particularly enjoyed the internship because of the fact that capital markets is comprised of two rotations. This means the work is varied and the breadth of learning wide although this perhaps comes at the cost of a deeper level of learning. The summer internship takes place in a period that is quieter in terms of deals so you are limited in what you can get involved in.

I felt valued to the extent that staff and HR seemed to appreciate me giving up the summer to come and work at Citi however I don't necessarily feel the work you complete is largely valued by colleagues because the nature of the work given to complete tended to be quite basic, however this is to be expected.

To a large extent I was given support and guidance by my supervisors. In ECM, weekly "teach-in"s occur which provide a useful opportunity to learn more in depth about a particular product and in terms of specific work, both teams have been extremely approachable and often reiterated to always ask questions no matter what the problem may be.

No day was the same, how busy I was depended on projects I had been staffed on during that week and some projects required far more work than others. The beginning of each rotation is a very slow process as systems are being set up and you have to make yourself known that you are available to help out with work.

A fair amount, weekly updates and other routine documents were delegated to interns and left to be independently completed however when it came to work for clients or more important internal work, the responsibility was significantly lower and I was often given a few slides of a pitch book or deck of slides to complete.

The skills learnt on the desk and in training in capital markets are not useful or related to my degree however they seem useful for a job as an analyst in capital markets and therefore provide a good foundational base to build upon if I were to return as a fulltime graduate.

This does depend on what desk you sit at but for me the atmosphere was very positive in both the desks rotated (ECM and DCM Corps). It is a very hard working atmosphere, everyone tends to be very focused throughout the day but having said that it is also very friendly and there is collegiate mentality between employees.

Very well organised from an HR perspective. Plenty of information before starting regarding how the internship would run, the training was very well organised although at times a little brief. On the desk it is a bit less well organised. IT systems and other applications took a while to be installed and it also took a while for work to start being delegated to interns.

There is the one week training at the beginning of the week which is useful for a broad overview of the different aspects of capital markets and also IB. To what extent work is explained to you on the desk is largely dictated by the analyst or associate who you are working with and how much time they are willing to spend with you and this varies a lot.

Very appealing, the large number of graduates they take on is very appealing from a social perspective, the pay is very good and you receive a lot of training as part of the graduate program. You are also able to rotate which is good if you're still unsure in which team you want to work. On the flip side, particularly for ECM the hours are very long.

Yes the other interns were very sociable, often going out for drinks on a Friday as the rest of the week everyone tended to work until quite late.

London is very expensive.

Canary wharf is really bad aside from a few bars but the rest of London is great.

ECM team organised a few social events and HR organised a volunteering day but aside from that there weren't really any other opportunities.