1. To what extent did you enjoy your work placement or internship?
I really enjoyed the internship here. The UBS culture genuinely did shine through during my time here. Everyone was extremely collaborative and were willing to help when they had sufficient time. The work done was interesting and interns were given a lot of work and responsibility early on which ensured a fast learning curve
2. To what extent did you feel valued by your colleagues?
All collegagues were usually polite and did genuinely appreciate it when you offered help, or you worked on a project together. They were willing to take you to client meetings/ put you on client calls where possible on projects you had worked with them on, especailly for phone calls and internal meetings.
3. To what extent were you given support and guidance by management/your supervisor(s)?
I would say that this is quite team and colleague specific. Certain teams which were naturally complex in nature ie very technical and had a busy summer season did not have a huge amount to devote to teachingg us how it works, and the sector's complexity made it difficult to work on this either.
4. How busy were you on a daily basis?
Extremely busy, very little downtime at all due to the large amount of pitching the team was doing over summer. Even for investment banking my hours were quite long but with a good team the hours are not too difficult to handle. I had 1 full weekend off during my 9 week internship and worked roughly 90-110 hrs every week, with the average about 95.
5. How much responsibility were you given during your placement?
A lot of responsibility, wihch built up over time, Initially all the work we started was alongside an analyst, so we were doing simple tasks and getting these checked by analysts before sending them across to seniors. On the other hand, once the analysts went on holiday during the later half of the internship, the responsibility picked up greatly, with us working directly with seniors on multiple projects and being tasked with those last minute deadlines regularly
6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
In terms of actual content, the skills developed will not help me directly for university (finance is not helpful for economics) whilst the finance technical knowledge will obviously be important in a future finance career. You do really learn a lot on the job.
Other things you learn are the importance of time management, and the ability to work hard and long for a sustained amount of time, useful for university finals revision!
7. What was the general atmosphere in your office?
Good atmosphere, especially amongst the juniors and MD. The juniors in my team were extremely close and would often socialise, go for drinks together etc. This definitely was a highlight of the experience for me as it meant the hours worked were a lot more manageable, and the team would only make interns stay if there was work ie there was no facetime.
8. How well organised was the overall work placement or internship set up?
The overall placement or internship was quite well set up in my opinion. The first week was pure training and entworking, which eased us into the next 8 weeks on the desk. It was nice for them to organise regular speaker sessions and intro the the oter teams talks throughout the internship to break up the week. It would have been nice to have one more social though, in the middle of the internship to break it up
9. In terms of personal training and development, to what extent did the company or firm invest in you?
10. What were the perks on your work placement?
11. How appealing are future employment prospects within the organisation?
12. Was there a good social scene amongst any fellow placement students/colleagues?
The interns got along very well and were always willing to help each other out when necessary. The long hours of investment banking naturally mean interns spend a lot of time together so do get close, but with regards to actually going out this was rare due to the hours worked
13. What was the cost of living and socialising in the area you worked in?
It's London-everything is naturally more expensive than outside the area. y average daily expenditure was about £8 including lunch and oyster travel (excluding rent).
My rent was £200 a week (not bad).
Although the cost of living is higher, the long hours ensured I had a free dinner and taxi every day reducing expenditure, and the intern salary should cover you for the internship and more.
14. What was the Nightlife like in the area you worked?
It's London- the nightlife is unparalleled to anywhere else in the country, and London is always busy, especially Thursday-Sunday, which meant that even after finishing IB hours there was time to go out and explore London. That being said given the hours worked going out amonst the interns was quite rare.
15. Were there many opportunities to get involved in activities outside of work?