Equity Capital Markets Analyst Summer Internship 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

2.3/5
  • The Role
    1.5
  • The Company
    2.9
  • The Culture
    2.6

    The Role

  • 1. To what extent did you enjoy your work placement or internship?

    • Overall it was an interesting experience. I didn't find the work particularly fulfilling (lack of responsibility, too many menial tasks) and the business members weren't that interested in the interns, but I learnt a fair amount and made some good friends with the fellow interns. A bit disappointing professionally, but worthwhile and fun, so quite mixed.

    3/5
  • 2. To what extent did you feel valued by your colleagues?

    • I rarely felt that I was making a meaningful contribution to the business. The work I was assigned was often quite menial (reorganising power point slides) rather than actually engaging in the projects themselves. A number of morning were spent not really doing much as no one had any work for me and the colleagues were too busy to deal with me.

    1/5
  • 3. To what extent were you given support and guidance by management/your supervisor(s)?

    • I would have to push very hard to be involved in the projects and for my line manager to explain the deals to me and what was going on. However, when I did get to sit down with her, she did explain things very well and I do feel that I have learnt a lot from her.

    2/5
  • 4. How busy were you on a daily basis?

    • Definitely not busy enough. For an internship, I am there for 9 weeks to learn as much as I can about the industry, BAML and the work they do, whilst also being able to show that I am good enough to do this full time. Too often, I didn't have any work to do and would be going around other desks seeing if I could get involved elsewhere. The idea is that your one desk staffs you in such a way that that keeps you busy - this just didn't happen for me (and a number of other interns too).

    1/5
  • 5. How much responsibility were you given during your placement?

    • Following on from the last question, when I was given tasks, too often they were menial (editing pitch packs, accruing research from the web) rather than actually engaging with the projects and using my brain. When given such tasks, it is hard to show to your boss that you are good enough to do the job.

    1/5
  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?

    • I have quite a lot of technical stuff and background to the industry, mainly by teaching myself during the times when I had nothing to do, but also having the opportunity to ask questions about things I didn't understand to professionals in the industry. This knowledge won't help me with my degree but will hopefully be useful when it comes to applying for full-time positions in banking or another (close) sector.

    2/5

    The Company

  • 7. What was the general atmosphere in your office?

    • Hard to rate this as I don't have anything to compare it to, but I felt that everyone was very serious, getting on with their work. There weren't that many light-hearted moments each day but everyone was friendly.

    2/5
  • 8. How well organised was the overall work placement or internship set up?

    • The HR behind the internship was very well organised and the interns always knew what they were meant to be doing when. Things were communicated well to the interns and they were receptive when discussing any issues I felt with my desk.

    5/5
  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?

    • 5 days training at the start of the internship - finance training, Excel skills, use of all the data packages, etc. Very thorough and very useful to bring everyone up to the same level (especially for someone like me who doesn't study a finance / business type subject)

    4/5
  • 10. What were the perks on your work placement?

    • Subsidised Canteen

    Subsidised/Company Gym
    2/5
  • 11. How appealing are future employment prospects within the organisation?

    • I am not sure whether it is a great place to be a junior - the analysts often seemed quite bored with the work they were doing. And the atmosphere felt very serious and unforgiving.

    2/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?

    • Excellent - lots of the interns would go out together on weekend evenings. Always have lunch each day with other interns. Was a great group of people, very fun and nice to be able to discuss the experience with others

    5/5
  • 13. What was the cost of living and socialising in the area you worked in?

    • London is obviously very expensive - you don't get any change from a £5 note for a pint...

    1/5
  • 14. What was the Nightlife like in the area you worked?

    • London has such a great variety of places - we rarely went to the same cocktail bar / club twice.

    5/5
  • 15. Were there many opportunities to get involved in activities outside of work?

    • Nothing that I was aware of.

    1/5
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Details

Internship (1 Month+)

London

April 2014

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