Summer Vacation Scheme - Audit Internship at KPMG

Top Employer
Duration
Internship (1-4 Months)
Region
Edinburgh Scotland
Review Date
Salary
£20,000 - £21,999
Roles
Auditing/Tax

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7.1/10

The Role
7.5
Organisation
7.4

Socialising

6.0

The Role

Role Description

examining company accounts and financial control systems.
gauging levels of financial risk within organisations.
checking that financial reports and records are accurate and reliable.
ensuring that assets are safeguarded.

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

The internship was well organised and there were plenty of opportunities for networking and working in different areas of the bank where possible. The HR team arranged lots of learning sessions with people from different areas of the bank which was great. The work I was given was the same work as the graduates were doing in the same department as me.

7/10

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

My colleagues were very welcoming from the first day that I arrived. They were more than happy to answer any questions that I had about anything work or personally related. The work I was given was the same work that I would have been doing if I was in a full time permanent role. During networking sessions the senior members of the bank were open and honest. They were not intimidating at all.

8/10

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

My direct manager was sat across from me for the whole 10 weeks and offered me guidance every day. He was very welcoming and made me feel like I could ask him anything that I did not understand. My line manager was also sat very close to me and we had weekly meetings to discuss my progress. These were also useful to discuss things that I could do more of or do differently.

8/10

4. How busy were you on a daily basis?

Given the timing of my arrival (end of Q2) it was a very busy period for the team. However the couple of weeks after the end of Q2 were quiet for the whole team not just myself. My manager did try and keep me as busy as possible, whether it would be reading documents that would help me gain a better understanding of the area or arranging for me to go out and spend time with a different team.

7/10

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

As the internship went on and I gained a better understanding of what was happening in my department I was given increasing responsibility. This included meeting with stakeholders and conducting my own pieces of work based on information I was given. By the end of the internship I was managing the same workload that permanent members of staff have at the bank.

7/10

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

Upon arriving at KPMG everyone has to complete online learning modules that are bank wide but also department specific e-learning courses. These were very useful in helping me get up to speed with what was expected of me on a day to day basis. These courses were also relatable to my degree as they were both from a Finance background.

8/10

The Organisation

7. What was the general atmosphere in your office?

The atmosphere in the office was very relaxed but still professional. If you needed to speak to anyone you could do so without feeling like you were intruding or annoying them. The culture of the firm was one of the best things about my time there. Managers were still sat in the same blocks as their staff and again it was easy to go and talk to them if you needed anything.

8/10

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

The overall internship was well organised by the HR team. We had a 2 day induction at the start of the internship which ended with a big networking dinner which was very well organised. The actual internship was also well organised, we were given a pack on our first day with lots of key dates in them that we needed to keep in handy. My computer and pass access worked fine for the duration of the internship.

7/10

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

I think the greatest investment came from the application process, it was in the end an extremely long process starting in November. The fact that the company put so much time into me in during me into that process really made me feel that they were really checking that I was the right person for the job. There are also a number of online training courses tht you can do when you work at KPMG, all paid for by the company.

7/10

10. What were the perks on your work placement?

  • Flexi Time
  • Subsidised Canteen
  • Sports and Social Club
  • Company Parties/Events
8/10

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

Probably one of the best bits about KPMG. It's such a huge firm with offices all over the world and a huge variety of departments, you have the chance to do a variety of jobs in loads of different offices. There is definitely a sense that hard work pays off and if you want to get ahead and are willing to work for it you will.
In terms of prospects from the vacation scheme if you secure the scheme and work hard throughout your time with the firm there is no reason you won't get a grad offer, which makes third year a lot less stressful!

7/10

Social

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

There were a number of events organised like bowling and other evening events. It was a joint thing between a number of offices around London. This meant I couldn't really go as I was at a client not especially close and the events were after work so getting there was a bit of hassle. So there were events and stuff to go to which sounded fun but needed a fair bit of travel to do so, which was a bit annoying.

6/10

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

The cost of living was quite high, higher than I was expecting. However this was due to the Edinburgh International Fringe Festival being on at the same time as my internship. This meant that there was a lot more tourists coming to the city and pushing up the prices of accommodation. This is also true of the prices of socialising as pubs and bars pushed up prices due to the increased demand the fringe festival causes.

3/10

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

The nightlife in Edinburgh was great. There was a real mix of things to do at night, be it bars, pubs or clubs. We had a really good group of interns who all socialised a lot with eachother outside of work. Due to the close city centre location it was easy to travel out and back again after a night out. However do note that you cannot buy alcohol in Scotland past 10pm!

8/10

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

There was a lot of opportunities to get involved in outside of work. There was regular drinks events held with other graduates and teams within the firm. Additionally we were all given the chance to meet the CEO of KPMG which I thought was really good. The campus in Edinburgh is huge and offers sporting activities such as football, tennis, swimming and a gym. I regularly played in a department football match each week.

7/10