Equity Research Summer Intern 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

2.9/5
  • The Role
    3.7
  • The Company
    3.0
  • The Culture
    1.8

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I really enjoyed my experience as the level of initial responsibility was much higher than expected. I was given work that was actually required by the team, and that was eventually found to be useful. The team was also very friendly, and made efforts to include me in daily conversation.

    4/5

  • 2. To what extent did you feel valued by your colleagues?
  • I indeed felt valued by my colleagues as the work that was given to me was genuinely required by the team and made use of in terms of being shown to clients as well as other analysts in other countries that we are present in. Aside from my work, I felt valued as an individual as well.

    4/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • The work was partially self-guided, I would say. My manager laid out a draft of what he required and told me how to structure my report (as I interned in Equity Research). The content itself was 90% my ideas and research. Whenever I was stuck or couldn't figure something out I was helped a lot though.

    3/5

  • 4. How busy were you on a daily basis?
  • Very!! It was actually quite hard balancing the intern speaker events alongside my work, even though I only had a report to work on (as opposed to desk work). There were days that I had to literally grab lunch from just the canteen, but also days where I got to sit out in the sun and enjoy my meal. It really depends on how you balance your work, but you are given a fair workload.

    4/5

  • 5. How much responsibility were you given during your placement?
  • A lot. I didn't expect this much responsibility, and thought the work I was doing was just for internal purposes or just to judge my ability. the work I did was actually used by my manager to show clients or other analysts. All the interns generally were surprised at how much responsibility they had. Managers usually have to "pitch" for an intern on their desk, so if you get a project it usually will be a good / relevant one.

    5/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • Not that much in my degree studies, but I think the point of the internship is to go beyond the classroom and learn what university might not otherwise teach you. In terms of "beyond," it's taught me a lot more skills applicable to the work place and especially accounting skills.

    4/5

    The Company

  • 7. What was the general atmosphere in your office?
  • Friendly, but also Research just isn't as lively as the trade floor. People are chatty and talk on the phone to clients etc. Beyond that it is on the quieter side I would say.

    3/5

  • 8. How well organised was the overall work placement or internship set up?
  • Really well. In terms of the project we were given as well as extracurricular intern events. A good mix of social, speaker events and events with colleagues in the department. It was summer so a lot of social events in general. We also had reviews scheduled half way and then at the end which was helpful.

    3/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • We had a five days of training before we started on the desk. This was helpful to gain a high-level perspective on desk work. During the internship we then had Bloomberg training, and multiple training sessions on how to use specialised programmes / software such as iQ and Thomson Reuters Datastream.

    3/5

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

    Sports and Social Club

    Subsidised/Company Gym

    Company Parties/Events

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • Really appealing. Its commitment to Research is clear and the firm is really big in terms of the size of its research department as well. The managers seem like they help foster junior talent, so I would definitely think highly of it in terms of my future employment prospects here.

    5/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • Average I would say. One social every two weeks if I had to put a number to it. In terms of interns, we went out for lunch every day (or grabbed lunch) and organised our own drinks + dinner, but that was pretty much up to us. A lot of socials initially on but they kinda died down a bit eventually.

    3/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • Expensive. £6 lunch usually

    2/5

  • 14. What was the Nightlife like in the area you worked?
  • Okay! It's the City not the West-End so more bars than clubs. Good number of bars around, and some we went to for drinks after work.

    3/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • Not that much, we were pretty focused on work.

    1/5

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Details

Internship (1 Month+)

Market Research

London

August 2018


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