Global Investment Banking Summer Analyst Review

by Royal Bank of Canada

Rating

4.7/5
  • Skills
    5.0
  • Responsibilities
    5.0
  • Support & Guidance
    5.0
  • Culture
    4.3
  • Your Impressions
    4.7

    Overview

  • 1. Please give an overview of your role and what this involves on a day-to-day basis.
  • On the desk, I was very hands on mostly with two live transactions at different stages, working directly with colleagues of all ranks. I produced various marketing materials, took notes on client calls, managed client communication logs, produced sector research materials, participated in team meetings and spent time learning Excel and financial modelling skills from my colleagues before applying these to a final case study assignment.


    Skills

  • 2. Have you learnt any new skills, or developed your existing skills?
  • Summer Analysts received extensive training in workplace etiquette, compliance, wellbeing and accounting, valuation and financial modelling basics. Through my work on the desk, I feel I developed my technical skills further, particularly in Excel and PowerPoint, and through the coffee culture at RBC, I feel I have vastly improved my networking abilities. The investment banking simulation showed me how to collaborate effectively under time pressure and these skills were further reinforced on the desk.


  • How would you rate the training provided during your experience?
  • 5/5

  • How would you rate your development of industry-specific skills during the experience?
  • 5/5

  • How would you rate your development of personal / soft skills during the experience?
  • 5/5

  • Please rate how these skills have helped you in your career development
  • 5/5

    Responsibilities

  • 3. Were you given much responsibility during your placement / internship?
  • Having spoken to interns at other firms as a reference point, I felt RBC gave me a lot of enriching exposure to the business. I felt I was involved in most elements of the M&A deals I was staffed on, including producing marketing materials that were sent to clients and sitting in on client meetings. Juniors even went to great length to explain financial models - an area where I couldn't really help out.


  • Please rate how meaningful the work you were doing was
  • 5/5

    Support & Guidance

  • 4. How much support and guidance did you receive during your placement / internship?
  • I was in contact with my assigned buddy regularly from six months prior to my internship, which helped me choose my team preferences and better understand the business. My staffers met with me regularly to discuss my progress and give feedback and all three Managing Directors on my team made an effort to engage with me. HR was very accessible through instant messaging and there was a strong teaching culture among all the juniors.


  • How would you rate the support and guidance from your line manager?
  • 5/5

  • How would you rate the support and guidance from the wider team?
  • 5/5

    Culture

  • 5. What was the company culture and general atmosphere like?
  • We were introduced to the Employee Resource Groups in the first week, had talks from a few of them throughout the internship and I personally was able to engage with the head of the LGBT+ network, who was very supportive of my endeavours. Team socials were regular, we participated in a charity 'hackathon' that was incredibly rewarding and the atmosphere in the office was one of hard work but also support throughout the programme.


  • How would you rate the inclusiveness of the culture?
  • 4/5

  • How would you rate the social opportunities?
  • 4/5

  • How would you rate the diversity initiatives?
  • 4/5

  • How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
  • 5/5

    Your Impressions

  • 6. To what extent did you enjoy your placement / internship?
  • I really enjoyed my internship - RBC made a huge effort to get us into the office in a year when most programmes remained online and this made a big difference for me. I found the work to be stimulating, the team to be quite intense in terms of workload but incredibly supportive, even up to Managing Director level, and the company culture to be very uplifting. I would definitely go back to RBC.


  • Please rate your level of enjoyment on your placement / internship
  • 5/5

  • Please rate how your experience met your expectations
  • 5/5

  • Please rate the future employment prospects at Royal Bank of Canada
  • 4/5

  • 7. Would you recommend Royal Bank of Canada to a friend?
  • Yes


  • 8. What advice would you give to others applying to Royal Bank of Canada
  • Be yourself - this is a firm that really does believe in letting it's employees bring their full authentic selves to work so be sure to mention your interests and hobbies, your engagement with any kind of university societies and your identity in your application and your interview. For the interviews, brush up on your commercial awareness and for the assessment centre, make sure your presentation PowerPoint is formatted to perfection.


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Details

Internship (1 Month+)

Investment Banking

London

October 2021


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