Summer Insight 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

4/5
  • About You
    4.3
  • The Company
    3.8
  • Everything Else
    4.1

    About You

  • 1. To what extent did you enjoy the insight?
  • It was an incredible opportunity to meet people from all divisions of the bank, get to know their experiences. We also got to know some less well known divisions of the bank, and understand how they fit into the larger system. Very informative and interactive sessions were planned every day.

    5/5

  • 2. To what extent did you feel valued during your time at the company or firm?
  • By the time we got to the end of the week, we were able to meet people from the different divisions multiple times, meaning that you really start to establish a relationship with those people. The dinner also meant we were able to speak to more senior members of the teams. These opportunities clearly showed how much the bank valued potential junior members of the team.

    4/5

  • 3. How much guidance/support did you receive during the insight?
  • When doing exercises, we often had a team member sit with each group, working through the exercise with us. This was not only a valuable networking opportunity, but also meant that they could guide us through different exercises.

    4/5

  • 4. To what extent did/will the skills you developed, and information you received, assist you in your degree studies and beyond?
  • Not only did we get an insight into skills needed for banking, but also life-long career skills, such as in public speaking. There was also an AC skills session, which would useful for all interviews generally. The bank generally is involved in a lot of extracurricular activities, meaning that insight participants are also exposed to a variety of different activities. For example, there was an innovation forum in the middle of the week, which encouraged us to develop our courage to think outside the box. These are all skills and information useful for our entire degree.

    5/5

    The Company

  • 5. How well structured was the insight?
  • Overall, it was very well structured with presentations and interactive activities dispersed evenly throughout the week. There could have been a few more interactive activities, since the week was very heavy on presentations.

    4/5

  • 6. How was the general atmosphere during your insight?
  • A great atmosphere: the calibre of participants was quite high. We had a lot of fun generally, and since a lot of us lived together in the accommodation provided, it was easy to make friends.

    5/5

  • 7. In terms of personal training and development, to what extent did the company or firm invest in you?
  • We were not only given opportunities to learn about the different divisions of the bank, the bank also gave us workshops regarding how to succeed in public speaking, and how to succeed in interviews. Workshops during the week also included some feedback, meaning that we would be able to improve.

    4/5

  • 8. To what extent did the insight help you to understand what it would be like to have a full time role with the company or firm?
  • An insight week is very much an introduction. This would not give you a really good idea of a full time experience, simply because the program is so short. However, we had a lot of exposure to the people who are working at the bank now, and it really gives you an insight into their experiences. It was clear how they are clearly happy to be where they are, and are truly passionate about their career development. In this sense, we did gain an understanding of the culture of working at BAML full time.

    3/5

  • 9. How much did the insight help you in understanding the company culture?
  • Once again, due to the plentiful networking opportunities, we were able to gain an insight into the culture of the workplace. However, it is obviously not possible to have a very deep understanding considering you are only there for a week.

    4/5

  • 10. How valuable was the content in helping you to decide on your future career path?
  • Definitely: you get a great taster for what you will be doing in each of the divisions. The people from the divisions you are interested in will also be around to talk to you. By using these opportunities, you really get a feel for the culture of the team, and can make an informed decision whether this bank is right for you.

    4/5

    Everything Else

  • 11. Were you paid or reimbursed adequately for this experience?
  • Those outside London were provided accommodation and we were also reimbursed for expenses up to 300GBP. Additionally, lunch is provided, along with pastries at breakfast time. A dinner was organised for Thursday night, while canapés were provided on Monday evening. In this sense, it is very much an accessible event for any student.


  • 12. Were there opportunities for networking and meeting other employees of the company or firm?
  • Networking events were scheduled for every free moment of the insight week and that was part of what made the experience so fantastic.

    5/5

  • 13. How were the networking/ social event opportunities?
  • While some events were a little impersonal (panels, where we were able to ask questions in a big group), there were speed dating style events, cocktail type events and lunches that allowed for closer contact with full time employees. At the dinner on Thursday night, very senior team members sat at each table and interacted with us. Altogether, lots and lots of excellent networking opportunities.

    4/5

  • 14. Did you find out about activities that employees can get involved in outside of work?
  • There is a big emphasis on extracurricular activities at the bank and there were presentations on those aspects of the bank as well as their core businesses.

    3/5

  • 15. Would you recommend this insight to a friend?
  • Definitely highly recommended: it gives you great insight into a bulge bracket.

    5/5

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Details

Insight / Vacation Scheme (< 4 Weeks)

London

September 2014


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