Summer Intern Review

by Bank of England

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
    4.5
  • The Company
    4.3
  • The Culture
    3.9

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • Great experience, which allowed me to not only learn the specifics of my role but also easily meet members of staff from all over the organisation to gain a better working knowledge.

    5/5

  • 2. To what extent did you feel valued by your colleagues?
  • I always felt valued during my internship. This is immediately apparent when you start working at the Bank as you are allowed to get working on the day-to-day things that current analysts do. Furthermore, it is apparent that any work that you produce will actually be used by your division.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • The line managers are all exptremely helpful, not only with the day-to-day things, but also with sharing there experiences. Most of them have joined as grads and are therefore really good sources of advice. General management are also very approachable and the open structure means you can also find a manager to talk to if you need to.

    5/5

  • 4. How busy were you on a daily basis?
  • I always had work to be doing in my role, however the Bank also have seminars/lectures going on that you can attend anytime if you find yourself with free time. Although, on the rare occassion you find yourself with no work, most people are happy to let you help them with what they are working on and generally really enjoy talking about their work.

    4/5

  • 5. How much responsibility were you given during your placement?
  • I was given the same responsibilties as any other member of the team. It does seem daunting at first, but you find that you are fully supported through any piece of work you porduce or present and its a really good way of understanding exactly what the day-to-day role entails.

    5/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • Having seen what skills and theory is used daily, it will help me tailor what modules/qualifications I may choose to do. This is especially useful for students who never really know which modules at uni are actually relevant in the work place.

    5/5

    The Company

  • 7. What was the general atmosphere in your office?
  • Everyone is very open and willing to have a chat. Obviously its a place of work so it's not all fun and games constantly, but because the types of people/personalities you are working with is so varied you will find that theres always a few jokers in the group which lightens up the day.

    5/5

  • 8. How well organised was the overall work placement or internship set up?
  • My experience of it is that it is very structured in terms of what you are expected to do and achive over the internship. However, you are given the flexibility to explore other aspects of the Bank too.

    5/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • You are offered the opportunity to go on courses while you are at the Bank, such as presentation skills. Plus you also have access to loads of learning material from your department. However the most important aspect is the time that individuals will spend with you to ensure you understand things you are unsure about or just to teach you concepts in Banking.

    5/5

  • 10. What were the perks on your work placement?
  • Flexi Time

    Subsidised Canteen

    Sports and Social Club

    Subsidised/Company Gym

    Working from home

    4/5

  • 11. How appealing are future employment prospects within the organisation?
  • It's a very reputable organisation which many companies love to steal staff from. It is depenedant on your specific division and role, however there is so many opportuinites to move around within the Bank anyway.

    5/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • All student placements kept in contact during the day through the IM. Everyone eats together and goes out every week together. This is dependent on the kind of interns that happen to be on your cohort, but the Bank seems to employ out-going open individuals anyway.

    5/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • It is the heart of London which says it all. There are obviosly placesw that do offer some deals and are relatively cheaper, but considering that the Bank is based in London, then you would obviously have to account for London prices.

    2/5

  • 14. What was the Nightlife like in the area you worked?
  • It's London. You name it, you can find somewhere that sells it/does it.

    5/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • There are after work social events that interns are always welcomed on to. Plus I hear a lot about events around the year which the Bank puts on for employess to let down their hair.

    4/5

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Details

Internship (1 Month+)

Banking, Market Research, Data Science, Economics

London

August 2014


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