Investment Banking Summer Analyst at Royal Bank of Canada

Top Employer
Internship (1-4 Months)
City of London Central London and City
Review Date
Banking - Investment Banking/Finance

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Royal Bank of Canada is a Top Employer


The Role



The Role

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

RBC makes a great effort to ensure that interns have a great summer, while seamlessly exposing them to the industry.


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

My colleagues had been well briefed about the intern program and had work ready for us when we arrived. Manuals had been prepared to ensure we were able to get up to speed quickly.


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

Interns had unprecedented management access. As an intern at RBC, you have the ability to meet anyone. I've met with multiple Directors and Managing Directors who gave me great advice about the industry.


4. How busy were you on a daily basis?

The nature of Investment Banking means that long hours are often required. However, my team made efforts to ensure I had work to do and not doing the notorious "facetime" in the industry.


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

As of the first day of my internship, I was placed on a live deal. I was extremely pleased have had the opportunity to have such an impact from Day 1.


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

The entire first week of the internship is dedicated to getting the class up to speed on accounting and finance skills. What's more, the learning continues throughout the internship while working closely with your team.


The Organisation

7. What was the general atmosphere in your office?

The team that I was working with was extremely friendly. They constantly ensured that I was given challenging tasks, yet made sure that my workstream was manageable. RBC is also unique in the sense that it is Top 10 Bank and yet growing. This makes for a great working environment.


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

RBC has a dedidcated Campus Team. Within the team, there are specific team members who ensure that the internship program runs smoothly. The activities were always well planned and fun. Punctuality and efficiency is greatly appreciated when you are a banker!


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

The company spent the whole first week investing our training and development. Then, after hitting the desk, my VP ensured my training would continue by setting tailored goals for my internship.


10. What were the perks on your work placement?

  • Subsidised Canteen
  • Sports and Social Club
  • Company Car
  • Subsidised/Company Gym
  • National Travel
  • International Travel
  • Financial Bonus
  • Company Parties/Events
  • Staff Sales/Staff Shop
  • Above 25 days holiday
  • Working from home
  • Healthcare from home
  • Healthcare/Dental

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

The vast majority of interns enjoyed their experience and wanted a return offer from RBC. The people who decided to leave, generally felt the industry wasn't the right fit (rather than RBC as a firm).



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

The interns often had lunch or supper together. It was quite a friendly environment. Because RBC had the ability to hire all interns in the graduate program, there was no pressure to compete directly with other interns.


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

London is typically a very expensive city, but I lived in student accommodation. Meals are generally covered by the firm. Also, usually my team would pay for team drinks so I rarely spent money outside accommodations.


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

I worked in the City of London. It has arguably the best nightlife in the world (maybe NYC). There's something for everyone in London whether you want to go clubbing, go to the theatre or relax with friends.


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

London is the centre of the world, making it incredibly international. There is a group for any kind of interest you have. The time constraints in banking make it more difficult to attend recurring activities, but there are certainly endless opportunities to get involved.