Eleonore

Analyst

  • Sociology
  • London School of Economics and Political Science
  • Internship (1-4 Months)
  • Morgan Stanley

What was the application process like?

The online application process was standard for the industry. I applied online and took an online numerical test. A couple of weeks later, I was invited to a first round of face-to-face interviews with junior bankers followed by a second round of interviews with officers.

The final round was the assessment centre - a full day of interviews, numerical testing and group exercises. The well-communicated deadlines and punctual feedback received between each round helped a lot along the way

What did you do on a daily basis?

Given that I interned at the Paris office, I covered I had the France and all of its sectors. full benefit of working on a variety of industries and products. I initially worked on company profiles and various pieces of research to support business development efforts. As the months went by and I gained experience on the job, I got quickly involved on presentation materials for pitches which included extensive financial modelling.

By the end of the internship, most of my time was dedicated to a live deal - the IPO of a global consumer business where I worked on the roadshow marketing materials and followed the whole process execution closely as an analyst would do..

Analyst

What was your greatest challenge?

The greatest challenge for me was to fully grasp the meaning of my tasks for the overall deal process and how they fit within the wider activities of the M&A group. When you focus mostly on a task from one particular work stream amongst many others, it is somehow hard to understand the bigger picture.

However, senior bankers never failed to take the time to walk me through the dynamics when being asked.

What did you learn on your placement/internship?

Coming from a non-finance degree and despite several internships I had done in related fields, I was not at ease with financial fundamentals when I started. The team I joined organised a two-day tailored training for another intern and myself to get us up to speed on financial modelling, research tools and other necessary learning to perform day-to-day analyst tasks. This bespoke induction was very helpful and made me feel more confident when I hit the desk.

How has this internship affected your career prospects?

Taking part in the internship gave me some invaluable experience and helped me develop a rich set of analytical skills. The exposure you get to an internationally diverse network of bankers also make it a great interpersonal experience. Stepping back, now that I am working as a full time analyst in Investment Banking, it was definitely key in shaping the beginning of my career as it helped me establish whether this job was right for me and where I would best fit within the firm.

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