IBD intern at Royal Bank of Canada

Internship (1-4 Months)
London Central London and City
Review Date
Banking - Investment


The Role



The Role

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

Greatly enjoyed working in the IBD at RBC - found the team and others in the IBD department extremely warm and eager to help.


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

I felt that the individuals at RBC created a very encouraging and collaborative environment, always available to answer questions and share experiences. I was trusted with a fair amount of interesting work, encouraged to learn new skills and not asked to do unnecessary menial tasks. I felt extremely welcome, included and valued with in the team.


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

I was encouraged and empowered in the tasks I was given and encouraged to ask questions on things that I did not understand. My managers and team members were very attentive and thorough in their explanation of new tasks or concepts and would explain the broader context as well as the task itself.


4. How busy were you on a daily basis?

I was reasonably busy throughout the internship and asked to complete a number of tasks on various projects which gave good exposure and a helped me to build my understanding. However, I do feel that I could have been given more exposure or gained more experience of technical skills such as financial modelling and valuations.


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

I was given sole ownership for a number of tasks and given a balance of direction and freedom in completing them. I was given more responsibility and exposure as the internship progressed however still feel that I could have benefited from responsibility on more challenging tasks and outputs.


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

The training and skills that I gained and was able to put into practise were complimentary to my degree and helped me to practically consolidate the understanding I had built whilst at University. It was helpful to see how these concepts could be applied to real life scenarios and deals and how this differs from the theoretical applications.


The Organisation

7. What was the general atmosphere in your office?

The general atmosphere was cheerful and collaborative, all employees which I came across were friendly and willing to engage in conversation, both work and non-work related and willing to answer any questions or share advice from their own experiences. It made the bank a great place to work even during long and sometimes stressful hours.


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

Well organised - the training was thorough and useful and a great way to build relationships with the other interns. The buddy system was helpful and a good way to interact and gain exposure to other teams. Some of the events and tasks e.g. intern presentation and treasure hunt could have benefited from more guidance.


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

The training was useful, especially the technical and valuation training provided by AMT - this could perhaps been more thorough. The Bloomberg session was very interesting and useful.


10. What were the perks on your work placement?

  • There were no perks with this Internship

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

Greatly enjoyed working with RBC - in large part because of the type of culture and people it attracts. It is definitely a great place to envisage a long term career.



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

The other interns and team mates were extremely social and friendly and there were many opportunities to build good relationships with your colleagues.


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

Very expensive area to live or socialise in but fit in well with the needs of the institution.


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

RBC offices are in a good central location which allowed quick and easy access to restaurants, bars etc. and good variety in nightlife options.


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

There were some opportunities to participate in football or boat race matches, however these were limited and more widely available to full time employees.