Wealth Management Intern Review

by Moore Stephens

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

Rating

2.8/5
  • The Role
    3.6
  • The Company
    2.5
  • The Culture
    2.1

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I enjoyed my internship a lot. I feel like 4 weeks is a great length for an internship as it is not too long so I still had a lot of summer to enjoy myself and go on holiday. The work I was doing was in general interesting, and the work hours suited me being 9:30am-5:30pm. Furthermore, the office is in a great location near St Paul's so I had lots of friends who worked in the area or in the City which is very nearby who I would meet up with at lunch or after work.

    4/5

  • 2. To what extent did you feel valued by your colleagues?
  • 3/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • I felt very supported by everyone in the office. If I was ever struggling to understand some work or needed help then I did not feel like I could not ask for help. My colleagues were all super friendly and were always happy to help whenever I was in need of aid.

    4/5

  • 4. How busy were you on a daily basis?
  • The intership was 4 weeks long, and the workload never got so much that it was stressful, but also there were no more than a couple of days in total where I felt like I did not have enough work to keep me occupied. I got in to work just before 9:30am each day and left promptly at 5:30pm each day.

    5/5

  • 5. How much responsibility were you given during your placement?
  • I was given a fair amount of responsibility. If I was given a task that would produce a document for a client, then I would do the work and then someone more senior would check it before sending it out. But if I was doing work that would not be directly sent to a client, then often I would be trusted to be able to do the work to an appropriate standard without the need for it to be checked.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • 3/5

    The Company

  • 7. What was the general atmosphere in your office?
  • In the Wealth Management department that I interned in, there are about 20 people in the office. It is open plan so there are no walls or barriers stopping people from talking. The senior people such as the partners sit in the same area as the more junior employees, which encourages good vertical mixing. The general atmosphere is light and friendly; there is plenty of chat and fun.

    4/5

  • 8. How well organised was the overall work placement or internship set up?
  • I think this was the first time that my department had run a summer internship, so I think the program will become much more organised in the future. On the first day, half the day was an induction learning about the firm, then after lunch I met my buddy and started working in the office. I did not have any meetings about goals or feedback for me throughout the internship, and I did not really feel like anyone was monitoring or assessing me.

    3/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • 3/5

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

    1/5

  • 11. How appealing are future employment prospects within the organisation?
  • I was told at the end of my internship that if I decided to apply to the graduate scheme at the firm, which sounds like an excellent graduate scheme, then my application would be fast-tracked as a result of having a successful application. However, I will not be offered a job immediately at the end of the internship unlike in some internship programs.

    3/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • I was the only intern in my department. There were two other interns in the office but they worked on other floors and I only met one of them once after the initial induction day. Amongst colleagues, there seemed to be a good social scene, but sadly no major events took place during my 4 weeks at the firm.

    3/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • The cost was what you would expect in London. There were supermarkets like Co op, Boots, Tesco, Sains very close by that you could get a meal deal at, or the canteen on the ground floor did a decent meal for £4.50. Also lots of restaurant nearby in the St Paul's area where you could get a nice lunch like a burrito for about £7.

    3/5

  • 14. What was the Nightlife like in the area you worked?
  • 3/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • The firm paid for two lunches for me - a buddy lunch with the buddy who I was assigned to to help me settle in, and a lunch with everyone in my department at a local Italian restaurant. Other than this, I got lunch with my colleagues several times and went to the pub once, but there were no other activities outside of work that took place during my time here.

    1/5

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Details

Internship (1 Month+)

London

August 2018


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