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
Two rotations over the summer, which you semi-select yourself, ensure you will rotate with a desk you like. There are plenty of opportunities to network with the rest of the business and you will actually be given some proper and interesting work. The big group of interns ensures a good time, both during and after work.
You are obviously an intern, often without any finance experience/knowledge, and therefore cannot be 100% part of the team and do all the tasks they do. It depends on the desk to which extent you can help out in day-to-day tasks, however, trading itself and client contact is anyway out of the question without your certifications.
Supervisors are always available, as long as you know when to ask your questions. Do not go over during rush hours and ask sensible questions that cannot be answered by a quick google search. Overall, everyone is really willing to help and open, there is no-one here trying to pick on you.
It really depends on your desk, some desks start early and go home early, others start early and stay late. My desks were pretty long hours, but I was always busy with actual sensible work that added value for both the team and often clients as well. Overall, I did not feel swamped, but did have to put in the hours to get the work done.
Responsible for my own projects, but you obviously will not discuss ideas directly with clients or perform actual trades yourself. You can put in your own ideas and write it up, but there is obviously always someone more senior involved before it goes out to a client. You have to take up responsibility and take ownership, it won't just be handed to you generally.
Again, depending on your desk, you can learn quite a bit. Probably not the skills you will need in your degree, but definitely when continuing in this line of business. Especially when you intend to start fulltime with one of the desk you rotated on during the summer, this gives you a massive advantage.
The Company
The office is obviously gigantic, the atmosphere can therefore change tremendously from desk to desk. Overall I've had no bad experiences, and you find most people are friendly and engaging. Overall the atmosphere was friendly and good, but when people are very busy they will tell you (in a friendly manner) to go away and try again later.
Everything is in place when you arrive, you know the desks you will rotate on and receive contact information from everyone involved. First week is introduction and training and from the second week onward you hit the desks. You know where to be and where to go and HR keeps you updated on all important events.
You start of with a week of training from an external coaching company (fitch learning), which is pretty good. At least 10% of the internship is composed of training, so that is very good. When you hit the desks you will obviously continue learning and developing your own skills further.
Subsidised/Company Gym
Company Parties/Events
Compared to other bulge bracket banks, Citi actually has a very high conversion rate out of their summer intern programme. Very high chances of getting a full time job, assuming you're not a total moron and actually put in the work and give it your best. Very flexible in starting dates as well.
The Culture
weekly drinks/parties/events and often lunch together. Depends on your own preference, nothing obligatory.
London is expensive, very expensive. Area around Canary Wharf also very expensive.
Canary Wharf itself does not have much of a nightlife besides all the bars that are flooded with people on Thursdays and Fridays after work. For clubs you have to go to the city itseld.
Not work related activities, plenty of activities with other interns.
Details
Internship (1 Month+)
London
July 2018