Summer Associate 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

3.4/5
  • The Role
    2.9
  • The Company
    3.7
  • The Culture
    3.6

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • My first placement was a big disappointment. I had no work, the team wasn't interested in me, they did not include me in their daily business. This was very disappointing considering that I had worked 7 years in that area and was more qualified than some of the team members. It was a real waste of time and very boring. They did also not introduce me to anyone, etc. The second rotation was massively different (Equity Derivative Sales). I had a fantastic time there. The people were interested to get to know me, test my knowledge, have me involved in the business and have me contributing. I really enjoyed my time at that desk and learned a lot.

    3/5

  • 2. To what extent did you feel valued by your colleagues?
  • Again, during my first rotation I did not feel valued at all, apart from one person in the team. In my second rotation I felt highly valued and respected.

    3/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • Not sure what you mean with management. The term is too large

    3/5

  • 4. How busy were you on a daily basis?
  • 1st rotation: not busy at all. very boring 2nd rotation: very busy, but still had the time to learn, sit with people and just observe. A perfect balance

    3/5

  • 5. How much responsibility were you given during your placement?
  • 1st rotation: No responsibility, not much involvement. I was given 'pro forma' analysis work that nobody was interested in at the end. 2nd rotation: I had little responsibility as it was a trading sales desk. However, the involvement was high

    3/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • The one week of training was very good. A perfect transission back into professional life. In general, I learned a lot during the internship, also personally

    5/5

    The Company

  • 7. What was the general atmosphere in your office?
  • 3/5

  • 8. How well organised was the overall work placement or internship set up?
  • just wrong first placement. I can really not recommend Merrill Lynch to place any interns at that desk. The internship offers the opportunity to find a job, but if you place interns at desks that are not interested in having an intern that becomes pretty frustrating.

    5/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • excellent first week of training and thereafter continuously speaking sessions

    5/5

  • 10. What were the perks on your work placement?
  • Subsidised Canteen

    Healthcare from home

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • 4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • 4/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • most of the socialising was sponsored by Merrill Lynch

    4/5

  • 14. What was the Nightlife like in the area you worked?
  • 3/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • 4/5

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Details

London

November 2010


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