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
I thoroughly enjoyed working at MUFG over the summer. The culture of the bank is very welcoming to a new comer. Everyone is very respectful, polite and approachable. The people, the area and the atmosphere all contributed to it being a great internship. Work-wise, you are given the freedom to meet anyone you want across the bank as well as assist various teams across two rotations. Overall it allows for more learning and development than if you were in the same team for the 10 weeks.
I felt very valued by my colleagues and was given tasks and expected to work on them. Assistance was provided as and when it was needed, but if you want responsibility, I felt that staff members were more than happy to give it to you. Similarly, being encouraged to reach out to senior members of staff to learn about their job; I never felt like I was bothering anyone, but rather they were happy to share their stories and expertise with me.
Over the 10 weeks there are two rotations, and the assistance you get varies from person to person. Due to minor staffing shortages over the summer holidays, sometimes line managers were not always available. However, I found that the whole team was always willing to help, and each intern receives a buddy on both rotations who was always willing to help.
This is department-dependent as some roles are seemingly more busy than others. Overall, however, you can be as busy as you want to be. On top of the key objectives you are assigned, if you want more work, staff members are very willing to let you help.
Once again, responsibility was given readily. Staff members valued my input and were willing to let me help on important tasks and liaise with external staff/clients.
The skills are somewhat specialised to the department you are in and thus unless your degree is very specific to your role it may not help much academically. In terms of general skills, you learn all about the bank and how it operates and it is an extremely nice place to work. We received a week of financial training in the first week and were tasked with pitching to a large audience. Overall, the development of office and soft skills, plus those relative to your department, are the skills developed most.
The Company
Office atmosphere is great. People work hard but are very approachable and friendly. There is a collegiate attitude with every body working towards the same goal, and it feels like a very supportive workplace. As an intern, this was a great place to come; there is a degree of pressure, however, everyone is extremely understanding and supportive. In a non-professional sense, there are lots of opportunities to get to know the staff outside work hours and I have found that they are all really nice people.
Very well organised. It is structured as 1 week of training, and two rotations of 5 and 4 weeks. Overall, both rotations were very well prepared for me and had tasks lined up so I could hit the ground running. Equally, any concerns that cropped up were very effectively handled and dealt with by HR and the Early Careers Team.
The company provides a whole week of training in the first week which was helpful, however, due to the wide nature of previous financial ability and differing roles, lots of the information is general rather than specific. Much of the learning happens on the job. We were also provided with lessons on how to pitch and were tasked with pitching which was a great experience. Overall, I fell like the firm put a lot of time and resources into the interns, both in terms of training us but also in terms of helping us get the most of the process.
Flexi Time
Subsidised Canteen
Sports and Social Club
Company Parties/Events
Extremely appealing: the bank is a great place to work and there seems to be enough freedom to move between departments.
The Culture
Yes there was. The first training week allowed us to get closer as a group as we would spend all day every day together. After that, the bank did encourage events for us to meet up but mainly the group began organising on its own when we were free etc.
Moorgate is quite expensive but not awful. You can survive with cheap lunches at food markets, the big chains or the supermarkets. The costs can generally be cut down except for travel, however, this would be the same everywhere.
Moorgate is part of the City, and other than going out to a fancy bar or dinner, the Nightlife is not great. However, London as a whole has everything you need so going out right next to the office wouldn't be an essential anyway.
Yes. The bank provided us with a whole charity day out, a mid-internship dinner, and two other social events. There are also lots of sports clubs and other social events constantly going on.
Details
Internship (1 Month+)
Commercial Banking, Investment Banking, Banking
London
August 2019