Investment Banking Summer Analyst Review

by Morgan Stanley

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

Rating

3.5/5
  • The Role
    4.1
  • The Company
    3.7
  • The Culture
    2.3

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • It was a good experience and clearly very representative of the job at hand - it is nice to feel like part of the team and treated effectively the same as an analyst by the end of it. Although there are hard times and long hours it is what you expect when you sign up and it has been a great experience.

    5/5

  • 2. To what extent did you feel valued by your colleagues?
  • I felt very included and supported by the team which is great, especially by the juniors. It is nice to feel like you have had a tangible impact and see where your work has actually made a difference to not just the team but with clients and on live executions.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • I was supported for much of the process which is nice. Sometimes it could be easier to get feedback and obviously you have to be proactive about getting it but some people really struggle with that so it may be nice to almost ensure you are working with people who are willing to give you feedback.

    4/5

  • 4. How busy were you on a daily basis?
  • Very - it's what you sign up for and so is to be expected but sometimes in the early parts of the job it can be a shock to the system the hours you will be working. It is about gaining a balance and apart from a short period where I was really busy it was a good balance.

    4/5

  • 5. How much responsibility were you given during your placement?
  • I was given significant responsibility which is nice. If you are expecting to hold the pen on models then you will be in for a shock, however in terms of doing work that goes straight to seniors and out to clients you get that exposure very early on. On many things I was working without an analyst so you get good exposure.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • It has definitely made me very diligent, focused on time management and organised in how you approach things. The actual material of what you work on isn't really comparable but the mind set that you have to adopt and the capacity to perform under pressure is something that would be very useful during uni exams.

    4/5

    The Company

  • 7. What was the general atmosphere in your office?
  • It was fun. There is limited exposure and correspondence between juniors and seniors and I don't know whether that is a team culture or a banking culture but, it wouldn't be uncommon for seniors to shy away from discussing things with juniors/avoid talking to the juniors. But the junior team were all great and really friendly.

    4/5

  • 8. How well organised was the overall work placement or internship set up?
  • Haven't experienced any issues with the way it was set up at all. Had the technology/account set up for the day of arrival which is uncommon at some places and so was organised. Training was well delivered and structured. The senior lunches are a nice touch to help try and engage the interns with the firm.

    5/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • The week of training is good for setting you up with some more basic knowledge to be able to tackle things in the job. This is clearly an investment from the firm into us as interns. The volunteering is a good experience for giving back and developing your character. Beyond this obviously it is all within the job.

    4/5

  • 10. What were the perks on your work placement?
  • Subsidised/Company Gym

    2/5

  • 11. How appealing are future employment prospects within the organisation?
  • They are obviously very appealing - it is a competitive process in order to get into a very competitive and prestigious firm. It is clear that it will be hard work but it is rewarding. Although it's hard I'd imagine there are few people who go through this process and decide it's not for them.

    5/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • Obviously it is difficult when everyone is working long hours and on different schedules, but we managed to find time to go for drinks and go out as an intern class which was nice. There are also a couple of social events put on by the firm which are good for meeting interns in other parts of the bank.

    4/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • London is expensive to live in and expensive to go out in. I guess that's just part and parcel of the job and living in London. Canary Wharf is also very much a bubble and so can be annoying for drinks and going out but if you want to work in finance it's just part of the job really

    2/5

  • 14. What was the Nightlife like in the area you worked?
  • There is basically nothing in Canary Wharf you can do after about 12. Everyone then seems to move off to Shoreditch and the like. It can be annoying living really far East so that you're near the office as takes longer to go out anywhere, but it's worth it for the commute.

    1/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • Not really because you're too busy if I'm honest. You will get some time at the weekend (although I've only had one where I haven't had to work) but in the week there's not really any opportunity to do that, especially as an intern. It's very acceptable to go to the gym during work though which is nice.

    3/5

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Details

Internship (1 Month+)

London

August 2019


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