Summer Associate in the Markets vertical of the Investment Bank
1. To what extent did you enjoy your work placement or internship?
Citi really took the effort to craft something meaningful here. I got a chance to work in the Equity Research department with a top team and then rotate into a specialized custom solution desk tackling large transactions.
The building, the people, the work has been nothing short of stimulating. Highly recommend.
2. To what extent did you feel valued by your colleagues?
Colleagues were all really friendly and really down to earth. I was able to reach out to extremely senior members of the staff, people who were heading entire departments, and have a coffee with them or shadow people in their team if I was curious.
3. To what extent were you given support and guidance by management/your supervisor(s)?
My supervisor spent 2 hours sitting down with me to explain the sector and detail. I really don't think it is that common, especially given how busy he was.
4. How busy were you on a daily basis?
I was being given some pretty challenging stuff. Of course I wasn't handed the model to make changes to but I was given a sizeable piece of meaningful work to complete within a set time and which would have a visible footprint in the industry.
5. How much responsibility were you given during your placement?
I was charged with writing research that had to match with up with any other research that came from the floor. That is as good as it gets.
6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
It has allowed me to set my expectations and understand my roadmap going forward. It has also showed me what I need to do to succeed.
7. What was the general atmosphere in your office?
It was focused and very collaborative if I needed help. Otherwise I was allowed to approach things the way that I wanted to. It was really as if I had been hired full-time for the duration of my time here. I think that is something very rare, especially at such a high performing place.
8. How well organised was the overall work placement or internship set up?
I joined and the team was expecting me, they had a set task for me. This is not ALWAYS the case however I heard 9/10 positive experiences regarding the work that is given to interns. I think the managers try hard to put you to meaningful work especially since you are resource they might be interested in for full-time.
9. In terms of personal training and development, to what extent did the company or firm invest in you?
I think by the end of it I had been scheduled for over 39 trainings. It was as if I was a full-time employee. All the in-house trainings that were not scheduled for me but available, I could still schedule for myself. I could reach out to anyone and get trained on anything.
10. What were the perks on your work placement?
Sports and Social Club
Staff Sales/Staff Shop
Healthcare from home
11. How appealing are future employment prospects within the organisation?
The runway is great here for development, and the ability to choose your own path. During the full-time graduate program you get to rotate around for about a year before choosing where you want to settle down.
12. Was there a good social scene amongst any fellow placement students/colleagues?
Yes, fairly social, good bunch of interns and everyone's really intelligent.
13. What was the cost of living and socialising in the area you worked in?
Its London so its not cheap, but Canary Wharf is reasonable if you're on a banker salary so its definitely affordable.
14. What was the Nightlife like in the area you worked?
No real nightlife other than a few bars around that people use before they go out and about. But the bars around are very good.
15. Were there many opportunities to get involved in activities outside of work?
Yes you get time on the weekends to do what you want. It is banking after all so don't expect time every day, but you know that going in so its ok. I was satisfied, so were my colleagues. No one was burning out.