Associate Review

by Financial Conduct Authority (FCA)

Best Student Employer

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

4/5
  • The Role
    4.1
  • The Company
    4.3
  • The Culture
    3.4

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • The Internship was excellent, with exposure to a wide variety of tasks and interactions with a number of high-profile stakeholders. It gave me the opportunity to understand the requirements of a permanent role and the culture of the organisation. At the FCA there is a clear focus on a good work/life balance, with performance measured on the quality of output, not just the amount of time spent in the office.

    5/5

  • 2. To what extent did you feel valued by your colleagues?
  • The vast majority of employees at the FCA are willing to give you time, even if it is meeting for a coffee to discuss their role within the organisation. I was given a variety of responsibilities from the outset, presenting to senior managers and engaging with CEO's of firms to name just a few. You are treated like a member of the team and not just 'the intern'.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • My line manager was excellent, delegating responsibility for daily support to another senior member of staff. They worked collaboratively to ensure that I had the level of exposure and meaningful work streams that I desired during my 10 week stay. However, it is also up to the individual to identify opportunities for additional work experience. I managed to secure work in other departments during my time at the FCA through networking. Therefore, an element of self-guidance should not be underestimated, so long as your manager is aware of your movements.

    5/5

  • 4. How busy were you on a daily basis?
  • I was busy throughout my internship, although this did vary according to the number of projects being managed at any one time. Also, with longer pieces of work there will be times when you are busy and times when you are awaiting input from other departments/individuals. Quite often you will manage your own time, so organisation is key to finding the right balance.

    4/5

  • 5. How much responsibility were you given during your placement?
  • I was given plenty of responsibility throughout my internship. One week I would be working on a project that would have ramifications for the entire department, and the next week I would have the opportunity to participate in meetings with senior stakeholders, both internal and external. The variety of responsibility is what I found to be most exciting. At no point during the 10 weeks did I feel that my view went unheard, so be prepared to chip in and challenge if you feel that something is incorrect or could be done better.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • The training consisted of three days of rather arbitrary inductions. However, this was necessary in order to prepare you for a fast-paced environment that contains a lot of technical information. I had the opportunity to develop my report writing skills, which will aid my final year at university. Furthermore, I participated in a lot of data/information analysis, applying both quantitative and qualitative methods. I will leave with greatly improved Excel skills for sure.

    3/5

    The Company

  • 7. What was the general atmosphere in your office?
  • There was a relaxed atmosphere in the office. Everyone worked hard and with varying styles, although it was always a collaborative open space. If you have a sweet tooth then the FCA is the perfect place, with regular flows of chocolate, cake and sweets making their way in to mark a return from holiday or a birthday.

    5/5

  • 8. How well organised was the overall work placement or internship set up?
  • 4/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • The FCA never deterred you from attending additional workshops or from broadening your exposure to various divisions across the organisation. I was fortunate to attend many events held at the FCA with the likes of the Bank of England. [This section of the comment has been removed by a member of the RateMyPlacement Team because it did not meet our site terms and conditions] There were a large number of e-learning courses, some mandatory and some optional.

    5/5

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

    Sports and Social Club

    Subsidised/Company Gym

    Company Parties/Events

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • Very appealing - With the vote to leave the EU, the FCA will find themselves at the forefront of shaping new financial regulation and will be responsible for ensuring consumer protection in uncertain times. I certainly hope to return and continue working for the FCA, as the development opportunities are excellent.

    5/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • 2/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • 3/5

  • 14. What was the Nightlife like in the area you worked?
  • 4/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • Yes - I played a lot of football with permanent members of staff and will continue to do so after my internship. There are a number of social groups looking for new members. Plus, there are plenty of places to go for drinks with colleagues after a long day in the office.

    5/5

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Details

Internship (1 Month+)

Investment Banking, Insurance & Risk Management

London

August 2016


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