FICC Sales & Trading at UBS

Top Employer
Internship (1-4 Months)
London Central London and City
Review Date
£24,000 - £25,999
Banking - Investment Sales

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UBS is a Top Employer


The Role



The Role

Role Description

Depends on which rotation (out of 3: 4 weeks on FICC, 2 weeks in Equities and 4 weeks in FICC again).
I was mainly in Credit which involved analysing the risk of whether companies would pay investors back - accountancy skills (which I don't have) are preferred but not required.
Also be prepared to do fairly simple but value-adding things like updating databases.

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

It was a good insight to how the bank worked but also how important fit is. Learnt a great deal.


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

Depends on the desk, general feeling is that Equities view you as more junior but doesn't necessarily mean you feel less valued.


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

Again, depends on the desk and who you get as your line manager. Most are very nice though.


4. How busy were you on a daily basis?

Again, depends on the desk and whether they have a lot of simple stuff to churn through or if your line manager sets you a difficult task. Some days were very long, others significantly shorter in terms of hours in the office, but the busier days go by faster.


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

Unlikely to get a lot of responsibility without passing FSAs. Line managers can give you a certain amount of work but nothing significant in the grand scheme of things.


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

Learnt a lot about myself from feedback - always ask for it!


The Organisation

7. What was the general atmosphere in your office?

Depends on the desk and how busy they are.


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

Not bad, would've preferred to have more organised intern drinks as it meant that after the first week, bumping into friends in other departments (IBD, Finance, Ops, IT etc) was pretty rare. Also, seemed like HR was closer to Equities as they received info before FICC but info generally reached everyone in good time.


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

Some desks have more time to invest in you than others; presentations at the start were pretty standard, it really does depend on the desk though.


10. What were the perks on your work placement?

  • Company Parties/Events

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

Not sure, banking sector is reeling back as a whole, will be hearing hiring decision next week.



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

Interns are friendly and a good laugh but as I've mentioned before, there weren't many opportunities to meet other parts of the bank. Drinks at the local bars were popular (the Fleetwood, esp Fridays).


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

Expensive, as expected, but we're also earning a fair amount.


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

Alright, didn't go out much, preferred bars.


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

There are lots of opportunities to do voluntary work but it depends on how much free time you have (which isn't much).