The first two weeks were training on the company and technical skills. Over the next 8 weeks we were given a new company to assess every two weeks. We learned how to model and value these companies and pitched them at the end of every two weeks. We also had meetings with people from various areas of the companies set up by HR and meetings set up by ourselves to learn about the companies that we were researching.
As a business analyst, my role was to communicate user requirements to developers, as well as market research and analysis for new and upcoming features. UX design for new features was also a large part of the role. Analysis of the product’s usage and how to further develop and increase how it’s used. Communicating with stakeholders on a regular basis.
The main responsibility for interns is their project, on which they present to the whole multi asset team in the last week. Aside from this, new for 2021 was a fund challenge, and in general besides working on these, interns can join any team call, can meet with people from across the team, and might also be given extra work by the sub-team in multi asset that they are working in, e.g. Macro team.
This year my project was mainly focused on implementing the firm's bespoke ESG rating framework, where I was placed in a specific industry and applied the framework to a number of firms. Otherwise, there were a number of "lunch and learn" sessions where I could learn more about other departments such as trading, quantitative research, investment directing and more. I also attended different strategy/alpha meetings where it was insightful to hear from Fidelity's portfolio managers and their views on the market.
My role involved completing 4 stock pitches across 4 different sectors. I was responsible for researching companies, forming an investment thesis and creating the accompanying financial model. I also dialled in to several internal sector calls to better understand different industries.
The Insight was structured over 3 days, usually with talks in the morning from very knowledgeable speakers covering different areas of Fidelity International and then an interactive presentation task in the afternoon. There were many opportunities to network over the 3 days and direct questions to experts within each field and senior members of the company.
We were given presentations from the different business areas of: Multi-Asset, Equity Research and Fixed Income. Each day focussed on a different one and then we had to do a group presentation on a case study of each. We networked with business representatives and graduates to hear about their roles. The early careers team did presentation on the roles available and routes into them. There were also talks on company culture and CSR.
Group Presentations on Equity Research, Multi-Asset and Fixed Income. Received feedback on these and it was adequately timed - still lots of pressure but good amount of time to put together a presentation. Lots of networking opportunities and presenations and panels to build a holistic perspective of Fidelity International.
The insight consisted of presentations from the Equity Research, Multi-Asset and Fixed Income team followed by daily case study workshops that required us to do group presentations. The presentations were followed by Q&A from Fidelity employees which also gave us feedback. There were also opportunities to network, as well as presentation from employee networks and sustainability at Fidelity.
The overall spring insight programme spanned 3 days and was held from around 9am to 5pm each day. Every day included a variety of activities, including networking sessions with both other programme participants and representatives of the firm. There were informational sessions to help us understand about ESG, D&I and other initiatives within the firm alongside financial workshops and training. Interactive activities were also set everyday, allowing us to build our skills and understanding.
The insight involved three days of interesting talks from the equity research, multi asset, and fixed income divisions. We were then set a task based on the skillset of each division and had to pitch an investment to a current Fidelity associate. Each day provided opportunities to network with intern peers and current associates, as well as a strong insight into the workings of the firm.
Day to day varied, for the three days received information sessions about the different asset classes and were given opportunities to work with new people everyday in order to build up a presentation under time constraints, but also present. The programme was very insightful in developing my awareness into asset management, but also Fidelity's involvement in regards to ESG, mental health but also career paths.
First day was mostly around Equity Research and a project based on that. Second day was centred around multi-asset investing. Then the third day was about fixed income with a small project on that as well. Throughout the week we had other sessions with CSR teams, well-being teams, graduate panels, affinity groups etc.