Global Investment Banking Summer Analyst at Royal Bank of Canada

Top Employer
Duration
Internship (1-4 Months)
Region
London
Review Date

Connect with this company

Royal Bank of Canada is a Top Employer

4.3/5

The Role
4.7
The Company
4.5
The Culture
3.5

The Role

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

The internship was divided into various interactive parts, which allowed me to not only develop my skills rapidly within the field, but also meet and learn from many people from around RBC Capital Markets. These factors combined ensured that the experience was both worthwhile and enjoyable. Despite the challenges of holding a virtual internship, I found it easy to connect and communicate with fellow interns and members of my team for social and work-related activities.
5 /5

Imagine yourself working at Royal Bank of Canada

RateMyPlacement is currently advertising 1 role at Royal Bank of Canada

View jobs now →

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

From the first day of working on the desk, I immediately felt a part of the team, with all colleagues being very easy to reach out to, in the event I had questions. This feeling was enhanced by the importance and wide variety of tasks I was given during the program. As I was able to sample a many different projects, it was obvious that the rest of the team were invested in my development.
5 /5

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

During the training period, the Campus Recruitment Team as well as others were always on hand to offer support, which continued throughout all parts of the internship. This really aided the development of my skills and contributed to my enjoyment of the overall program, especially considering the hurdles associated with a virtual internship. Whilst I was working in my team, my two designated supervisors were always helpful and easy to contact in any situation where I required assistance.
5 /5

4. How busy were you on a daily basis?

Over the course of the internship, I was able to experience a vast array of different projects simultaneously. This was naturally beneficial for my time-management and multi-tasking skills. On the whole, I feel that my supervisors and team managed my workload well, as I never felt overwhelmed with my workload at any point, nor did I have points where I was under-utilised. This workload was fairly consistent through the duration of the internship, which helped to maximise the learning experience.
4 /5

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

The flat structure of the team as well as the support provided allowed me to take on projects requiring a fair amount of responsibility towards the end, including client-related tasks. However, this was not an overwhelming experience, as I had access to a variety of resources and people to help overcome any potential obstacles. In these situations, I felt that my rate of learning was at its highest, as my communication and time-management skills were enhanced.
4 /5

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

The internship had a very strong emphasis on training my skills, which would eventually be extremely beneficial, by the time that I was working in my sector team. The training period was split into independent study as well as interactive sessions, focussed on training more specific concepts, to cater for all types of learning styles. These skills have increased my overall analytical ability and knowledge of financial concepts, which has helped me in my degree thus far.
5 /5

Imagine yourself working at Royal Bank of Canada

RateMyPlacement is currently advertising 1 role at Royal Bank of Canada

View jobs now →

The Company

7. What was the general atmosphere in your office?

N/A - Virtual Internship
3 /5

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

The internship was expertly organised, especially considering the testing circumstances of the pandemic. While there was only a few months to make such edits to the program, the Campus Recruitment succeeded in providing a holistic internship, with in-depth training and a 2 week investment banking simulation, which helped to reinforce the skills learned in earlier phases of the internship. In total, RBC were able to offer a much more extensive program than many of its competitors.
5 /5

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

There was a continual investment in my personal development from many people within the firm. This could be felt from the first week, with the vast amount of learning resources that were made available to interns, to help enhance a wide variety of skills. From in-depth training sessions and a 2 week investment banking simulation, I felt prepared to be effective in my position as a summer analyst. On the desk, the sustained support offered allowed me to continue my fast progression.
5 /5

10. What were the perks on your work placement?

  • Financial Bonus
  • Working from home
5 /5

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

After the internship had finished, I was able to secure a full time position as an Analyst for the following year.
5 /5

The Culture

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

Despite the virtual nature of the internship, there were still social activities that were hosted by my team or by other interns, which contributed greatly to the enjoyment and community-feel of the internship. These were usually hosted over Webex, and provided a great opportunity to communicate with other people on the internship about their experiences. As a result, interns were always on hand to support each other with issues involving training and many group exercises.
4 /5

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

N/A - Virtual Internship
3 /5

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

N/A - Virtual Internship
3 /5

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

There were many initiatives that were highlighted throughout the internship by the Campus Recruitment Team. This allowed interns to communicate with people within the firm, who work in various different locations and departments, which was a great addition and added an extra networking element. A project that I particularly enjoyed, outside of the typical financial tasks, was to work with RBC's partner charity Mind UK, to advise solutions on problems caused by the COVID-19 pandemic.
5 /5

Imagine yourself working at Royal Bank of Canada

RateMyPlacement is currently advertising 1 role at Royal Bank of Canada

View jobs now →