1. To what extent did you enjoy your work placement or internship?
I really enjoyed my time at RBC Capital Markets within the Global Investment Banking Division. Everyday, I was working on something new, whether it was a live deal, a piece of analysis or attending a meeting. RBC Capital Markets provides an excellent learning experience for interns in an environment that supports collaboration and striving for excellence.
2. To what extent did you feel valued by your colleagues?
The culture at RBC Capital Markets is extremely collaborative, friendly and hard working. No matter what your background, the firm and its employees understand the level you are coming in at and will provide you with a tailored learning experience. Everyone is more than happy to help you with a task, from Analysts to Managing Directors.
3. To what extent were you given support and guidance by management/your supervisor(s)?
During my internship I was given lots of support from people in the Investment Banking hierarchy (from Analysts to MD's). People were really interested in my own personal development and hence provided me with a steep yet rewarding learning experience. Guidance is always available, you are never left in the dark.
4. How busy were you on a daily basis?
RBC Capital Markets provided me with a decent work life balance. The hours within this industry are known to be long, RBC Capital Markets is no exception to this rule, however the bank provides lots of flexibility with your hours. You can have days where you work till 3am but also days where you leave early for drinks.
5. How much responsibility were you given during your placement?
As an intern, you are exposed to a lot of tasks and challenges, from live deals to pitching. This means you have a lot of responsibility, and this responsibility only grows as you build trust with your team. The culture at the firm is to push interns into new challenges, whether that is working on a new type of model or presenting to clients.
6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
From the long hours and constant exposure to work, you develop a range of different skills. Skills that are related to Investment Banking but also skills to apply at university and in your own personal life. RBC Capital Markets provides 8 days of training at the start of the internship which covers everything from accounting to modelling to using PowerPoint and Excel. They also provide training in the different software you may use.
7. What was the general atmosphere in your office?
As exciting as an investment banking floor can get.
8. How well organised was the overall work placement or internship set up?
The internship was structured very well overall. There where chances to socialise with interns, learn about the different parts of the bank and also relax with your colleagues. The firm provides mobile phones for each intern to help them manage their emails and meetings. There were only little issues with the overall setup.
9. In terms of personal training and development, to what extent did the company or firm invest in you?
The firm and my team were very interested in my own personal development. Even seniors were happy to see me grow as the weeks went by. The team is always looking to push you into new challenges so that you are constantly learning. A mid internship review is also provided so you know where you are strong in and what needs improvement. A end of internship review is also provided.
10. What were the perks on your work placement?
Working from home
11. How appealing are future employment prospects within the organisation?
I would recommend accepting the return offer from the bank if you receive one. The graduate programme throws you straight into the action after you receive training in Toronto. The firm also provides fast track to associate after two years of being an analyst. Future employment prospects are very good.
12. Was there a good social scene amongst any fellow placement students/colleagues?
The social scene was as good as it can get for investment banking. My team went out for drinks on numerous occasions and HR organised a few events for the interns to attend. Most of the week you are working and on the weekends you are relaxing. The firm is located near a lot of nightlife.
13. What was the cost of living and socialising in the area you worked in?
Its London, everything is expensive.
14. What was the Nightlife like in the area you worked?
Being located near Bank station, there were plenty of bars, clubs and restaurants near by.
15. Were there many opportunities to get involved in activities outside of work?
HR had one or two events planned during the 9 weeks.