Spring insight participant at Bank of America

Top Employer
Duration
Insight / Vacation Scheme (< 4 Weeks)
Region
London Central London and City
Review Date
Salary
Unpaid
Roles
Banking/Finance
Bank of America is a Top Employer

6.7/10

About You
6.5
The Organisation
7.3
Everything Else

6.0

About You

Role Description

Spring insight intern

1. To what extent did you enjoy the insight?

I was extremely excites to participate; I was very interested in learning more about the industry and Bank of America in particular. I had heard the culture at this bank was particularly good. I must say I was gladly surprised to confirm this to be true; at least this was my perception. However, I would have preferred to do the insight in person, even if this meant doing it in September or a later date.

7/10

2. To what extent did you feel valued during your time at the company or firm?

I feel that the participation of the students, although encouraged, was not a very big part of the experience. Understandably, it would have been very difficult to make it more interactive, due to the technological barrier. However, most of the questions made by the participants were answered in the sessions.

5/10

3. How much guidance/support did you receive during the insight?

I think Bank of America offers great support. The buddy system and the sessions with people that already work at the bank were very useful. Especially, the sessions with people that were interns themselves not that long ago. Also, the instructions given about the sessions were very clear and easy to follow.

8/10

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

I gained knowledge about the banking industry, especially about the culture., However, I was looking forward to actually experienced what the bank looked like in a 'real' day at work. This was, evidently, not an option this year; but I think it would have helped to absorb the culture and information that was being transmitted.

6/10

The Organisation

5. How well structured was the insight?

I think it was very well structured. We received clear instructions and the sessions were always on time. However, perhaps small breaks between sessions would have been a good idea. Having non-stop sessions from 10-11 am to 4pm meant it was hard to keep focused in all of the online sessions.

9/10

6. How was the general atmosphere during your insight?

The atmosphere was very welcoming and friendly. Everyone at the bank made the effort to carry out this 'virtual' spring week and this is very much appreciated. I recognize this must have been a very busy time and greatly appreciate the time they took to impart the sessions and share their knowledge.

10/10

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

Personal training/investment of the firm was very limited, given that the sessions were online.

4/10

8. To what extent did the insight help you to understand what it would be like to have a full time role with the company or firm?

I think to the maximum extent that was possible under the circumstances. Ideally, we would have been able to participate in person. This would have helped to understand what a full time role with the company would have been like. However, given the current situation, the insight was as good as was possible at conveying the company culture.

8/10

9. How much did the insight help you in understanding the company culture?

In this sense, the 'virtual' spring week was very insightful; speaking to the people that already work there, in the open sessions, was particularly useful in conveying the company culture. Also, the panelists general attitudes' portrayed a company culture that was welcoming and friendly. In fact, this was, perhaps what most surprised me.

8/10

10. How valuable was the content in helping you to decide on your future career path?

Personally, the content of the insight was very valuable in helping me decide on my future career path. Since there were session on the different areas of the bank, I realized that perhaps Compliance or Audit were better suited to my interest that IDB or other areas I previously had pursued.

5/10

Other Information

11. Were you paid or reimbursed adequately for this experience?

I was not paid. Also, no reimbursements were necessary since my flights were cancelled due to the corona virus pandemic. Thus, they were reimbursed by the airline. However, I find the system for reimbursement was easy to understand and to complete. Overall, Bank of America provided very clear guidelines for the insight.

12. Were there opportunities for networking and meeting other employees of the company or firm?

Not much networking was possible, since the sessions were online.

3/10

13. How were the networking/ social event opportunities?

Sessions were online, so the networking opportunities were, unfortunately, very limited.

4/10

14. Did you find out about activities that employees can get involved in outside of work?

Yes, employees informed us of various charities and projects they participate in. Also, social events.

7/10

15. Would you recommend this insight to a friend?

I would. Bank of America is very clear in its instructions (unlike other banks) and the insight was friendly and useful.

10/10