We were introduced to senior members of different teams at RBC (often at MD level) who would give presentations and talk about the work they do within their department/team. These included ECM, DCM, Wealth Management and Equity Research amongst others. We were also given some basic investment banking training, as well as an overview of the logistics of the financial sector. Further, we also did some group work presenting our findings based on a case study.
Certainly. This program gave me a much better understanding of how the financial sector operates in general and how the different branches of an investment bank are connected. In addition, it helped me to improve my professional communication skills, particularly with the program being online in 2021 and this maybe being a greater challenge than most years. Further, the programme undoubtedly gave me tips and help in thinking about how to go about applying for summer internships in finance.
I found this particularly helpful and believe it sets RBC apart from some of its competitors in terms of the type of spring programme they offer. For example, by giving an overview of all the different roles and internships available, it allowed us to think more about which roles do genuinely spark interest, rather than having to guess when applying. I found this exciting and also found out information about RBC which will come in handy for summer applications.
Generally very good. Obviously due to COVID the 2021 programme was online which meant it was potentially harder to gauge an atmosphere compared to being in an office , but all of the staff on the campus team were very friendly, as were the current graduate employees whom we spoke to on the second day of the programme. As an investment bank with a smaller presence in the UK compared to the bulge brackets, RBC did seem to take a more personal approach, which is a big positive.
I did very much enjoy the insight as it presented me with information and activities I was unlikely to get elsewhere. Further, it allowed me to meet other young people in similar position who all wish to pursue a similar career path to myself. This was a fantastic networking opportunity, both with fellow students, as well with senior members of staff. This was thus a unique opportunity and I did very much enjoy the programme.
Yes
The tips I would give to others thinking of applying would be to research the bank from its website and gain a bit of background knowledge regarding its presence in the UK (as well as North America, Asia and Continental Europe), and also research some recent deals that EBC have been involved in. I would also suggest thinking about how you would answer common experience based questions as these with certainly come up in the telephone interview.
Insight / Vacation Scheme (< 4 Weeks)
Banking/Finance
Central London and City
November 2021