Investments Summer Analayst at Royal Bank of Canada

Top Employer
Duration
Internship (1-4 Months)
Region
London Central London and City
Review Date
Salary
£30,000+
Roles
Banking - Investment Banking/Finance

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Royal Bank of Canada is a Top Employer

8.2/10

The Role
10.0
Organisation
8.2

Socialising

5.5

The Role

1. To what extent did you enjoy your work placement or internship?

I genuinely really enjoyed the internship. The people at RBC were incredibly supportive and willing to help wherever possible. They were willing to give up there time to teach me technical aspects of the work. The internship was well organised with several division specific talks and presentations throughout the internship. The feedback system was also great.

10/10

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2. To what extent did you feel valued by your colleagues?

I felt very valued by my colleagues and was given responsibility from day one. I was given feedback regularly throughout and was informed on how my work has helped later on in the projects. I was also encouraged to present what I had achieved throughout the internship to the team to show the value I have added.

10/10

3. To what extent were you given support and guidance by management/your supervisor(s)?

My supervisor was really great and helped me from the beginning until the end of the internship. She made sure I had meaningful projects to work on and ensured my continuous development. She also encouraged me to meet employees outside my division and helped arrange these meetings through her contacts.

10/10

4. How busy were you on a daily basis?

I constantly had projects with deadlines that I could work on. If I didn't then I was able to use the time to meet employees within and outside my team to learn more about there experiences and work. Hence I constantly had something to do. If I had completed a task I was encouraged to go out and find more work and everyone was more than happy to allocate some.

10/10

5. How much responsibility were you given during your placement?

I was given a high amount of responsibility and was allowed a great deal of independence to work on projects. However, If I did require support, my team was more than happy to help out and navigate me. The internship had a steep learning curve as well as I once I successfully delivered on a task, I was given harder and more responsibility tasks later on.

10/10

6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?

The internship has definitely helped me develop my interpersonal skills and has really prepared me for starting a career in finance. I also developed many technical skills such as Bloomberg and Excel which will be invaluable for my future internships and career. I also developed a great first hand knowledge into the firm and wealth management in general which has definitely informed me on what future career path I would like to take.

10/10

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The Organisation

7. What was the general atmosphere in your office?

The culture was very collaborative, friendly and open despite everyone being focused and working hard. There was a very meritocratic, diverse and entrepreneurial spirit where everyone was inclusive and supportive. The people were charismatic and passionate about their work and you could see there was a high sense of drive, commitment and optimism from everyone.

10/10

8. How well organised was the overall work placement or internship set up?

The HR team did a good job of organising the internship with an induction morning, then regular intern speaker series from people across the business. There were intern networking sessions where interns could meet up. There were plenty of group activities through the internship including a mystery event. One improvement could have been a structured one week training week at the start.

7/10

9. In terms of personal training and development, to what extent did the company or firm invest in you?

The firm really invested in me in terms of time people were willing to give up to teach me there expertise. I also received my own Bloomberg Terminal account. I was also able to attend many employee summer events out of work to get to know everyone better. I was also encouraged to go out and meet with other firms such as Bluebay who are part of RBC.

8/10

10. What were the perks on your work placement?

  • Subsidised Canteen
  • Company Parties/Events
10/10

11. How appealing are future employment prospects within the organisation?

I understood from the internship that RBC is a great firm with a truly prestigious history and stance and global and leading financial firm. Hence future employment prospects are very appealing to me. We were encouraged throughout the internships to apply for the graduate role and would be given preference throughout the interview process

6/10

Social

12. Was there a good social scene amongst any fellow placement students/colleagues?

Yes there were plenty of social events and presentations across the internship. Some include the internship group projects, the mystery event, summer party and other events such as intern networking events and leaving breakfast. We were also invited to drinks after work with my colleagues which was also really fun and useful.

9/10

13. What was the cost of living and socialising in the area you worked in?

As the location was London, loving costs were high and the cost of socialising was faulty high as well. As I had to be in the office by 8am, I preferred to live closer so the cost was.fairly high. The location of the office was near bank so the socialising areas around were expensive. However the events organised by HR had drinks and food included for free so was not that bad.

5/10

14. What was the Nightlife like in the area you worked?

It was very good as it was in a central location of bank in London. However there were not many nightlife activities during the internship apart from one summer party which was really good. Nightlife was generally expensive however other than that but was far worth it for the central location.

5/10

15. Were there many opportunities to get involved in activities outside of work?

Not really during the dates of my internship. We had plenty of intern activities where all the interns would be involved but we lacked any activities with the employees. There was one training workshop regarding distributed working which was more informal. However it was not completely work unrelated. This is one area that could have been improved.

3/10

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