Internship Review at Bank of America Merrill Lynch

The Role

Role Description

9 week placement across three desks in the Global Markerts department. Work was allocated from your desk head.

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

★★★★★★★☆☆☆

Rated 7/10

PLEASE NOTE: This review was for a placement at Merrill Lynch prior to Merrill Lynch merging with Bank of America to become Bank of America Merrill Lynch. (The RateMyPlacement Team)

I thoroughly enjoyed the experience although it was long hours.

2. To what extent did you feel valued by your colleagues?

★★★★★★☆☆☆☆

Rated 6/10

Some colleagues were more appreciative than others.

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

★★★★★★★☆☆☆

Rated 7/10

Good direction given from the desk.

4. How busy were you on a daily basis?

★★★★★☆☆☆☆☆

Rated 5/10

Varied across the three desk placements.

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

★★★★★★★☆☆☆

Rated 7/10

Again, varied across the desk placements. Given more than expected responsibility.

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

★★★★★★★★★☆

Rated 9/10

I believe I learned a lot which will help me in my future career.

The Organisation

7. What was the general atmosphere in your office?

★★★★★★★☆☆☆

Rated 7/10

Good atmosphere but tense due to turbulant martket conditions.

8. How well organised was the overall work placement or internship set up?

★★★★★★☆☆☆☆

Rated 6/10

HR did a good job in organising the scheme. Still plenty of room for improvement.

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

★★★★★★★☆☆☆

Rated 7/10

Seminars and lectures were organised for the interns - all very interesting.

10. What were the perks on your work placement?

★★★★☆☆☆☆☆☆

Rated 4/10

• Subsidised Canteen

11. How appealing are future employment prospects within the organisation?

★★★★☆☆☆☆☆☆

Rated 4/10

Merrill Lynch is not in a strong financial position. This was reflected in head-count.

Other Information

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

★★★★★★★★★☆

Rated 9/10

I made some really good friends.

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

★★★★☆☆☆☆☆☆

Rated 4/10

Socialising was expensive in the area.

14. What was the Nightlife like in the area you worked?

★★★★★☆☆☆☆☆

Rated 5/10

Nice bars open late, but all died around 9pm.

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

★★★★☆☆☆☆☆☆

Rated 4/10

A few interns got involved in sport but that was about it.

In addition to these questions, is there any extra information you would like to leave about your experiences on your work placement that other students may be interested in?

Merrrill Lynch gave responsibility and time to their interns. Other banks fail to do so.

Review 57/57 for Bank of America Merrill Lynch

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