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

4.3/5
  • The Role
    4.1
  • The Company
    4.6
  • The Culture
    4.3

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • The internship was enjoyable during periods when I was busy, but not too busy. It was a great experience overall and there is a lot to take away from the 10 weeks.

    4/5

  • 2. To what extent did you feel valued by your colleagues?
  • Naturally, at the start of the internship it was difficult as we were meeting all of the full time employees for the first time, however once you proved yourself at the start that you were able to do the work you were given more responsibility.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • It varied, however generally interns were given good support from employees. As would be the case in any organisation, some people you were working for gave more support and guidance than others however we were well supported for the most part.

    4/5

  • 4. How busy were you on a daily basis?
  • Very rarely had nothing to do, however I feel how much work you have to do is largely down to the intern themselves as it is perfectly fine to say no to work if you have too much to do. There were times I was free to go home at 7pm, but likewise with the restricted hours there were times I had to send off work that was not fully complete as I didn't have enough time to finish.

    4/5

  • 5. How much responsibility were you given during your placement?
  • I was givewn quite basic tasks during the first couple of weeks, however once I proved that I was capable of doing these without blunders I was given more important work that was actually going to be used by the team.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • Biggest takeaway for me was improving my computer skills. Most of the work you do as an intern is in PowerPoint and Excel, which is also used at university, so I have no doubt that it will come in handy. The actual financial training at the start was quite basic however it was nice to get a refresher of some of the stuff covered in finance classes at uni.

    4/5

    The Company

  • 7. What was the general atmosphere in your office?
  • Very positive atmosphere and motivated people. Most people are down to earth and teams seem to get along well and socialise together.

    5/5

  • 8. How well organised was the overall work placement or internship set up?
  • Vey well organised by HR. I did an internship at another bank previously which was much less structured. The pooled structure of the internship where working with different teams was a bit odd at first however I think it works better overall as you get an idea of where you would see yourself fitting in best.

    5/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • Invest a lot in interns, with a lot of training in the first week from the likes of Bloomberg, Factset and Reuters. There is also workshops on every couple of weeks throughout the internship.

    5/5

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

    Subsidised/Company Gym

    Company Parties/Events

    Staff Sales/Staff Shop

    4/5

  • 11. How appealing are future employment prospects within the organisation?
  • Very appealing, hoping to receive a full time offer. It varies each year howver the majority of interns in the investment banking division seem to get return offers each year.

    5/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • I got along well with most of the interns and will definately keep in contact with a few after the summer. Regularly went to the pub on a Friday evening and met up with interns on the weekend a couple of times too. As most interns don't know many people in London for the summer most are usually willing to make an effort.

    5/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • the office is in the city of London so naturally the area is very expensive..... however other than buying my lunch wach day and rent, I spent very little money during the week as our dinner was paid for. Going out on a Friday/Saturday night is very expensive though!

    4/5

  • 14. What was the Nightlife like in the area you worked?
  • Good nightlife, relatively close to any of the main nightlife hubs as the office is so central.

    5/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • There were a couple of things, one that springs to mind is the JPMorgan run that is on each summer. All interns were invited along - I know interns at a lot of other banks were not invited!

    4/5

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Details

Internship (1 Month+)

Investment Banking

London

August 2019


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