Investment Banking Summer Analyst Review

by Bank of America

Best Student Employer

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

Rating

4.2/5
  • The Role
    4.2
  • The Company
    4.2
  • The Culture
    4.4

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • It is my first IBD internship and I would say it is the best summer ever. Plenty of networking activities, lots of support from the bank, on-the-job training and skills picking up...many activities are going on and are not what I have expected. If one ever got the chance, I would recommend it to him/her.

    5/5

  • 2. To what extent did you feel valued by your colleagues?
  • Each one of us has a staffer to allocate tasks to us. I have worked with different teams and there is always some way to add value. The best thing apart from being valued by colleagues is we can hear feedback, find ways to improve and continue to learn something else.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • As have been said, each one of us has a staffer to help us manage the workload. Apart from that, we also get one buddy, mentor and development officer. HR is always there to offer help and the people we meet at job or during coffee chats give their guidance and advice as well.

    5/5

  • 4. How busy were you on a daily basis?
  • It comes and goes like the life of an average banker. When it is busy, you get busier. When things cool off, you are chill. Overall speaking our life is quite balanced and we have plenty of activities to attend as well. The bank put in many resources to support our personal life too.

    4/5

  • 5. How much responsibility were you given during your placement?
  • I would say a fair amount. Based on what full time employees say, analysts are here to make the life of the team easier - the same principle applies to summer analysts as well. The exposure we can get somehow depends on the tasks and teams we meet, but generally broad and encouraging.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • Since I already finished my study at university, I wouldn't say much about degree. However, every job has something to teach you and let you apply in personal life. Banking is no exception but particularly so. We learn to how to manage expectations and utilise our limited time efficiently, both of which are highly transferable and beneficial to future career as well.

    4/5

    The Company

  • 7. What was the general atmosphere in your office?
  • I wouldn't complain. Although It depends on teams and the people we meet, generally speaking the atmosphere is quite good and cheerful. Apart from work teams always hold events together and you can feel everyone is supporting each other closely. Interns are not sitting inside the teams but feel being included.

    5/5

  • 8. How well organised was the overall work placement or internship set up?
  • We have intern training every week, both mid-term and end reviews. In between we have the opportunity to participate in different bank-wide activities. Staffer will help us manage the workload to make sure we are not overly staffed or the other way around. It is a quite organised and structured program.

    4/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • Quite a lot. Not only full time employees, ranging from analysts to managing directors are helping us develop skills and mindset, HR, assistant, even chefs at the canteen are offering their kind help in admin affairs. We have access to art and culture events sponsored by the bank as well.

    5/5

  • 10. What were the perks on your work placement?
  • Subsidised Canteen

    Subsidised/Company Gym

    Company Parties/Events

    4/5

  • 11. How appealing are future employment prospects within the organisation?
  • Actually I am not sure. We should probably ask HR or senior management at the bank to get the statistics. That said, the bank is following the principle of responsible growth, which includes support for employees, diversity creation and many other aspects. I feel the prospect is positive and encouraging.

    4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • Summer interns and associates get along with each other quite well - eating together, working together, hanging out together, and saying hello to others every day. Cooperation is more often than competition, and anyhow we don't regard each other as competitors, but coworkers, which is a good thing for our development.

    4/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • It is United Kingdom. It is the UK after Brexit. It is London. It is central London... I can continue. One can reasonably assume the cost of living is not low. Anyway the rent in some other countries or places are in unit of 'per month' or even 'per semester'. Here we talk about 'per week'.

    5/5

  • 14. What was the Nightlife like in the area you worked?
  • Again, I shall repeat what I have said: It is United Kingdom. It is London. It is central London... Night life is no less colourful than other metropolitan cities, or better. Pubs are always open at least. However, it is a personal preference and your choices are very much accommodated and respected here.

    5/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • Yes. For example, my bank sponsors many art and culture events, so we get access to different exhibitions at galleries. There is no face time required. As long as work is done, people can hang out together, like drinking, volunteering or playing golf. Activities can vary, depending on our accompany.

    5/5

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Details

Internship (1 Month+)

Investment Banking, Banking

International

August 2018


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