Each day started with a preparation briefing with speakers who presented on their division and experience at Credit Suisse. We would then attend an amplify session, which included an educational talk on the mechanics of banking, a trading simulation, and a mock IPO. Then we would ask questions and there were networking sessions held in zoom breakout rooms which could either be pre-allocated or where we could enter and leave rooms as we wished to speak to specific people.
Yes, I have learnt how to work better within a team for the stock pitch and IPO process and how to effectively allocate tasks within a group. I also learnt which questions to ask and what engaged speakers. Find the right tone for each employee was useful to know how to approach them and what sort of things they would tell you, such as perhaps some downsides to their team culture. In short, it was useful.
It was enjoyable as these were questions I really needed the answers to, and trying to figure out which business division I was most suite for was my priority. It was a good pace too, as I was writing the information down. Being able to hear people's perspectives about their roles and the energy in which they described them shed light to what kind of enthusiasm each team required and the culture they set.
The company culture was very friendly and supportive, however also determined and driven. The seniors seemed to set the culture for individual teams and as to what they expected from their subordinates, and some teams seemed to get along better than others but there is a general feeling of pride which is good to experience. Sometimes, a speaker demonstrated a more relaxed tone and were more supportive of connections and some were output driven.
It was enjoyable to learn, often it was difficult to interact however as there were perhaps too many students to one room but I understand the feasibility is difficult as these sort of interactions work better in person. I enjoyed speaking to seniors and analysts most of all, as I was a little confused and needed direction before the even tot best continue my drive and path in finance. It had a good level of intensity.
Make sure to understand the culture as it is unique compared to other investment banks particularly the US ones. I would also say to network to the best of your ability to have a better sense of if you fit instead of trying to mould yourself to fit the firm and make sure to be the real you when applying. Other things would be to not make any grammar mistakes on the application and double check it
Insight / Vacation Scheme (< 4 Weeks)
Banking - Investment
9th April 2021