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
All the people in Bank of America are very kind and willing to help. Even though at the beginning of the summer I was thinking that I would have more fun just being home and going out all day with my friends, I have soon realised that the culture at BAML is very friendly and I can have a great time here.
All the people are very friendly and we have a very nice programme where they assign you a mentor that is not from your team just to give you guidance over the summer and a buddy that is a junior member of the team to give you guidance from the perspective of a junior employee. At the end of the internship you have to present your work to the whole team and your work can go into production, so for the duration of the summer, apart from the guidance you receive, you are treated as an equal.
All the people are very friendly and we have a very nice programme where they assign you a mentor that is not from your team just to give you guidance over the summer and a buddy that is a junior member of the team to give you guidance from the perspective of a junior employee. Also the HR team organises weekly trainings and also socialising events.
It really depends on how you make your own program. As everything is project based, if you do your work very fast you can have plenty of time for networking and socialising, or you can just spread out the work during a longer period and spend more time on something. The work I had to do was challenging but not overwhelming so I had a good balance.
My project was based on a new technology that the bank wants to implement so I was assured that my work is important for the team. As I only got guidance, but not help as in other people writing code for me, I had to act like a normal full time employee and understand that I have to deliver something valuable for the team.
In my opinion, what we are doing at an actual job is not comparable to what we are studying in university, as things here are very practical, you have to deliver a working product and do it all with help from your team. In university, it is the case when you just learn the theory you have to apply after. I think that this internship helped me better understand why I am studying some concepts in university and when I can apply them.
The Company
I tend to say quite balanced because even though everybody is serious when working and focus on what they have to do, we also have breaks when we relax and enjoy a coffee with the team. Also, the things are different after work when we all get the work done and can chat over a pint.
Very well organised because the HR team organised at least a training session per week but also other informal events for socialising. Also, the on boarding process was smooth and efficient and I did not have any problems with it. It was exactly what you would expect from a big and organised organisation.
We had weekly trainings apart from the first week that was only for training. Most of the were aimed to give us the basic financial skills we were lacking (as I worked in tech division) but we also had some only for us on agile, security or other things that are relevant for the bank. I would just think that some tests after that to check if we understood everything correctly might work, as some of the people might learn faster by applying the concepts they have been presented.
Company Parties/Events
Staff Sales/Staff Shop
I think that I have done a pretty good job and I might get the offer. We have two rounds of official feedback, one at the middle of the internship and one at the last day. For the first one the feedback was very good so I am confident in receiving the offer. It is also the case that some interns might find out that there is some other position they might enjoy so they have the chance to try it if they think they are not performing well in the LOB they are.
The Culture
HR organised a lot of events for the interns, but usually the people that are in internships at big companies are a little scared of what other fellows might think if they go to parties so the atmosphere at the socialising events was not as good as you might expect from a proper party. But in terms of networking, it was perfect.
As I worked near St Pauls the food was quite expensive but there are a lot of affordable places too. Also, I live 2.7 miles away from the office and the rent is lower than what you would pay next to St Pauls.
There is no nightlife in this are. But as we are in London, there are always places to go.
Yes, we had a lot of networking events, teambuilding events and even charity events.
Details
Internship (1 Month+)
Computer Science
London
August 2018