Nomura have offered a well rounded programme. Introductory talks were useful. Only downside is that there is not much exposure to other departments. This was something that I had to work on myself. Networking with other teams has been a fantastic opportunity which has helped me in my role and also allowed me what teams I would like to work with in the future.
As I was on a year long programme this allowed me the time to integrate with the rest of the team. I felt valued when I was allowed to run projects / reporting solo after I had demonstrated a competency. All teams that I have come into contact with have been keen to aid in my development.
Although I have been at the firm during a turbulent time, the level support available has always been maintained. Senior management do keep an eye on the junior members of the team and are available to speak to for advice / knowledge. Help will be given if it is requested.
Daily workload can vary by quite a substantial amount. On some days I may have to stay late, whilst others I may be able to leave early. However, the challenge was in line with my expectations looking across the industry. There was support from the team to balance out workload.
The level of responsibility is built up over time. As my skills have developed over the year and I demonstrated a high standard of output I was given more responsibility. I have regular meetings with senior managing directors and have been involved in meetings with external regulators. I also produce materials that are viewed by board members.
As I am on an Economics course the technical knowledge that I have built up this year will be useful for certain modules in my final year. The main take away for me is the opportunity to network and build genuine relationships that you would not be able to do over the short period of a summer internship.
Very positive atmosphere overall. The teams that I worked with are very helpful and up for a laugh, however there are clear lines that need to be met in terms of output and effort. Individuals will help to cover if someone is ill or unavailable and try and handover work in the best condition.
Pre-internship drinks / meet-and-greets were a nice touch and allowed me to meet my team and other interns early on. There were several introductory talks which helped provide a useful overview of the industry and my division specifically. Regular catch-ups with HR to discuss progress and what direction intern would like to move in.
This is mostly driven by the individual. Where I showed a keen interest and showed persistence I built a strong network, which allowed me to learn more in a shorter space of time. Although there was an official mentoring programme, I found it more useful picking my own unofficial mentors which helped me progress faster
There is a strong chance of future employment if you are performing well and you want to come back. However, you will need to go back into the interview process if you want to move into another division rather than being offered a job directly. Communicating with HR is very important on this.
Due to the large costs of socialising in the area there has not been too much going on. I have spent more time with my direct team rather than with other placement students just where I am the only year long placement student in my division. Enjoyed being part of a younger team.
The cost of working and living in central London is very high. This is not something that can be avoided. I would tend to go for a night out every couple of weeks as it can very quickly eat into a budget. I have been living at home to save money and commuting in.
There is a rich night life in the area, but where I have been living at home rather than in London to save money it can be a struggle to go out unless you have friends who are living in London. Great fun when you are on a night out.
There are many charity events (fun runs etc.) to get involved with. The internship class will run a charity day in the first few weeks. There are also many gym classes where I have met lots of people and even got some shadowing out of it. There are also sports and music groups
Placement Year (10 Months+)
20th May 2019