I thought that the Deutsche Bank insight event was an enjoyable experience and a great opportunity to have. The insight lasted for five days but the days were packed with many talks from different employees from different parts of the company. The networking sessions with senior employees was very useful as well.
Because the spring week only lasted for 5 days, I did not feel that me as an intern were of much use to the company but I would say that Deutsche Bank treated us extremely well and definitely made sure that we were having a great experience and were enjoying all the activities that were planned to take place.
I don't think there was much help but only because I did not feel that I needed help and did not ask for any. The HR people were nice and always answered everyone's questions and they were super responsive when I emailed them. The other employees who we networked with also were very encouraging for us to email them to ask any questions.
The information we received was very helpful and informative to learn more about the bank and investment banking and sales and trading as career options but this information would not really come to use in my degree as it is more commercial awareness that we gained knowledge about. However, the information gained was useful to know about whether this career is for you.
The insight was very well structured because we had the opportunity to learn about the bank in the first two days and understand each division before actually having the opportunity to desk shadow the analysts and learn about their role whilst being given tasks to do. Finally, the last day was followed by an assessment centre.
The atmosphere was quite competitive and intense. The HR was very nice as well as some of the other spring interns to the employees. I found it very easy to talk to everyone, even the current analysts who were willing to answer all of my questions and give me an honest view of their role and the company.
The firm did not provide any formal training but they did allow us to rotate across three different desks at the bank. Some in Global markets e.g. equities desk and others in corporate finance in the fixed income currencies and industries (sector specific) desks. This meant that we got to sit next to an analyst, see the work that they do and ask them all of our questions.
The insight did give me a great understanding of what it would be like to work at such a company. The talks we received about the company were all very honest and everyone seemed to say that no two days at the company are the same. The employees also explained what it would be like to work there which really helped.
Yes, we received a talk about Deutsche Banks' corporate social responsibility and the volunteering activities employees can get involved with. Deutsche Bank also have many sports teams and societies which was very similar to university ones that people can get involved with. The work life balance at Deutsche Bank was clearly developing to become better for employees, especially for those in investment banking.
The content was useful in understanding each role but in my personal opinion, it is very difficult to judge whether a role is right for you without experiencing the work involved and the day to day life of an analyst in that position. However, the desk rotations was what allowed me to make my mind up about whether a future career in investment banking is for me or not.
Deutsche Bank provided accommodation in King's cross which was only 4 stops away from their offices which was very useful. They also cover train tickets but they did not cover lunch or breakfast. We had the responsibility of going out and buying our own lunch which was covered under the income we were receiving for the week which was £500.
Yes, there were many networking sessions and this actually took most of the second day of the spring internship. We had the opportunity to go around and talk to analysts at the networking drinks who would give us their emails and cards. We also had the chance to speak to senior members of the bank.
Yes, there were many networking sessions and this actually took most of the second day of the spring internship. We had the opportunity to go around and talk to analysts at the networking drinks who would give us their emails and cards. We also had the chance to speak to senior members of the bank. However, there was no social events e.g. at a pub, everything happened at the actual bank.
Yes, we received a talk about Deutsche Banks' corporate social responsibility and the volunteering activities employees can get involved with. Deutsche Bank had some societies and a lot of volunteering events but not many sports teams. This is because of the roles that employees have that take up most of their weeks and weekends, especially the investment bankers.
Absolutely. Although this insight is very short, I would 100% recommend this to anyone thinking of working at a professional services firm in the future or just wants to learn more about the opportunities that are available for summer interns or grads. The application process is easier compared to a lot of other places e.g. American bank so its definitely worth a try.