Intern Review

by Financial Conduct Authority (FCA)

Best Student Employer

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

4/5
  • The Role
    4.3
  • The Company
    4.0
  • The Culture
    3.6

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I had my own meaningful project to work on over the course of the ten weeks whilst having plenty of opportunities to engage with other work my team was doing. The on-boarding process was very smooth and for 90% of the time I felt like a valued team member rather than an intern.

    5/5

  • 2. To what extent did you feel valued by your colleagues?
  • The project I delivered was used by my colleagues to enhance their projects as well as being of use to the wider department.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • I had several layers of support. I had a buddy who helped me find my feet, a mentor who supported me through my project and the internship as a whole, a manager who supported me at a more strategic level and of course the internship administrators in HR were always on hand to help.

    5/5

  • 4. How busy were you on a daily basis?
  • I had peaks and troughs like all of my colleagues but broadly I was kept busy every day. Even if I did have spare time it was very easy to fill it by meeting with people from around the organisation to discuss the FCA.

    4/5

  • 5. How much responsibility were you given during your placement?
  • This is where internships can be a bit hit and miss, this one was great. I felt like the project that I owned for the ten weeks was of real value and therefore I felt it was quite important to get it right. I spoke about it at the sub-divisional debrief (roughly 60 people) as well as presenting it to my team. Naturally, being at the bottom of the pecking order, I was given some data-mining tasks and had to write up Notes for Record after meetings, but that's part of life.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • The skills I gained at the FCA were different to the skills I use in my academic studies, but I can see them being very useful in my working life. Degree studies tend to involve going into detail in your essays and using complex and nuanced arguments. During my internship I found that it was more effective to present your arguments in a shorter, snappier manner. This difference is probably one that most people are faced with when they go from uni into work. Another key difference is that in an office stakeholder management is key. Getting people to believe in the project you're doing and to give it the attention it deserves is not something that people are often required to do at uni but I gained invaluable experience of this during my internship.

    4/5

    The Company

  • 7. What was the general atmosphere in your office?
  • I got the sense that my team was middle of the road when it came to sociability. There were a few team lunches and a bit of office banter but nothing out of the ordinary. As a cohort the interns were pretty sociable so all in all not too bad.

    4/5

  • 8. How well organised was the overall work placement or internship set up?
  • We had two days of inductions (one general and one intern-specific), my managers and mentors knew I was coming and everything was set up very quickly in terms of laptop, desk, e-mail etc. We had weekly learning lunches with people from around the organisation. I set objectives in my first two weeks and then had formal interim and final reviews to help me meet those objectives. Seamless.

    5/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • I was asked to identify areas I wanted to develop in my initial objective setting and then there was a good focus on the part of my mentor, and fellow team members, to make sure I was getting the development I needed. The interim review was useful for identifying where I had already developed and what I needed to focus on in the back end of the internship.

    4/5

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

    Subsidised Canteen

    Sports and Social Club

    Company Car

    Subsidised/Company Gym

    National Travel

    International Travel

    Financial Bonus

    Company Parties/Events

    Staff Sales/Staff Shop

    Above 25 days holiday

    Working from home

    Healthcare from home

    Healthcare/Dental

    Travel loan

    4/5

  • 11. How appealing are future employment prospects within the organisation?
  • We find out if we have a graduate role 2 weeks after completing the internship (no extra interviews or application stage) and it looks like a very appealing place to work.

    4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • We went for a curry each thursday and there were a few parties organised ourselves. There were 11 of us so it wasn't a massive group which meant we got to know each other fairly well.

    4/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • We were based in London, and we were in Canary Wharf so it wasn't fantastic. I personally live in London anyway so it wasn't too bad and there are enough cheap places to make regular socialising feasible. Lunch outside of the canteen was an average of £6 I would say.

    4/5

  • 14. What was the Nightlife like in the area you worked?
  • Again it was Canary Wharf so there were plenty of places for Thursday drinks but nowhere fantastically cheap apart from Wetherspoons.

    4/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • There were regular advertisements for sports clubs, I probably should having taken more advantage of those. There was an FCA-only gym which has regular classes during lunch and after work. The short answer is yes.

    4/5

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Details

Internship (1 Month+)

Banking, Data Science, Government

London

September 2014


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