Lloyds Scholar Summer Intern, Financial Education Review

by Lloyds Banking Group

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

Rating

2.4/5
  • The Role
    3.2
  • The Company
    2.1
  • The Culture
    1.5

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I enjoyed learning about different aspects of a bank and I thought it was useful to see what it is like to work in a corporate environment.

    3/5

  • 2. To what extent did you feel valued by your colleagues?
  • I feel like my colleagues trust me to do the work they set and they have made me feel part of the team.

    4/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • My line manager has been very supportive and seems to really want me to get the most out of my placement. Since the first day she has invited me to lots of external meetings to broaden my awareness of the team's work and engagement. She has also always been on hand to explain concepts/words/acronyms I don't understand and include me in discussions.

    5/5

  • 4. How busy were you on a daily basis?
  • I was often quite bored - I was given work to do but once I had finished it and let my manage know, things would go quiet for a couple of days and I wouldn't really have a lot to do.

    2/5

  • 5. How much responsibility were you given during your placement?
  • I think I was given the right amount of responsibility so that I could add value to the team's work independently but then equally I was not given too much responsibility - i.e. I was never put in a situation where I had absolutely no idea what to do and there was a lot of pressure to get it right.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • I think the structure of working 9-5 has made me more efficient in my work. I think the skills required to work in a corporate environment - e.g. conference calls, internal/external meetings, understanding how corporate offices and teams work, etc. - will definitely help me once I finish my degree.

    4/5

    The Company

  • 7. What was the general atmosphere in your office?
  • It was a nice atmosphere - my manager was friendly and ensured I felt part of the team. When I was in the Lloyds offices, it was nice to network with other scholars and discuss how our placements were going and give each other tips. In my outplacement office for 3 days a week, I didn't feel part of the team really and wasn't as involved with other people in the office.

    4/5

  • 8. How well organised was the overall work placement or internship set up?
  • I think my line manager at LBG organised my placement well. However, being on an outplacement in a partner charity made things logistically difficult - i.e. travel, IT Support, etc. Being in two different places also made it difficult to feel part of one team and therefore meant I didn't really feel part of either. It also very much felt like I was doing an internship with the partner charity as opposed to LBG; this was very interesting and I enjoyed it, however equally, it is not really what I signed up for (i.e. if I wanted an internship with a charity, I would have applied for one there as opposed to LBG).

    2/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • My line manager helped with personal training and development through our mid-placement and final placement reviews, as well as on a more informal basis. There were also online training modules, however, these did not seem very interesting or relevant.

    3/5

  • 10. What were the perks on your work placement?
  • 1/5

  • 11. How appealing are future employment prospects within the organisation?
  • The amount of work and the pay is appealing. However, I feel that I would be quite bored if I was employed in this organisation if I based this solely on this internship since I often did not have enough work to get on with.

    3/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • I enjoyed being with the other scholars, talking in the office and going for lunch together. However, being on an outplacement for most of the week and also not living in the accommodation meant that I didn't feel that included in the social scene.

    3/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • Very expensive! The amount of money spent on lunch each day was extortionate ad the travel regularly met the daily TfL cap. It would have been very helpful to have some support for travel from the organisation since because I live one hour away, I wasn't allowed in the accommodation. While this is fair, scholars in the accommodation had this accommodation paid for them and they could walk to work, saving them a lot of money by comparison (considering I live too far to walk).

    1/5

  • 14. What was the Nightlife like in the area you worked?
  • No idea.

    1/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • No.

    3/5

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Details

Internship (1 Month+)

London

August 2017


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