Global Markets Summer Analyst Review

by Bank of America

Best Student Employer

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

3.6/5
  • The Role
    3.8
  • The Company
    3.7
  • The Culture
    3.3

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I received a variety of work projects, some more interesting than others but in all, quite an enjoyable and educational experience.

    4/5

  • 2. To what extent did you feel valued by your colleagues?
  • All the colleagues on the desks IU worked on tried very hard to make me feel included and took time to answer my questions and think of projects for me.

    4/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • I always felt I could ask someone for help or advice if I needed it. There is a very good system of buddies(usually a 1st year analyst), line managers (usually VP/ dIRECTOR LEVE

    5/5

  • 4. How busy were you on a daily basis?
  • The programme is split into 2 four-week rotations, on the first rotation I had very little to do and on the second I had plenty. I think the workload depends largely on the desk and on the desk's perception of the intern's ability/ prior knowledge. Some standardisation would be ideal.

    3/5

  • 5. How much responsibility were you given during your placement?
  • I was not given very much responsibility, which I think is more a feature of the sensitive and regulated nature of the work rather than distrust by my teams.

    3/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • I learnt a lot about the financial services industry and about the work I would be expected to carry out were I to start as a graduate. I also learnt some things which I feel will be key in my career development.

    5/5

    The Company

  • 7. What was the general atmosphere in your office?
  • This varied hugely from one rotation to the next. The first was a very slow-paced desk and as such was perhaps a bit dull from my point of view but my second was much more exciting and the team dynamic was great.

    4/5

  • 8. How well organised was the overall work placement or internship set up?
  • Plenty of good points; two four week rotations give you the chance to experience 2 different parts of the bank and also give you the chance to join 2 teams, HR organised 3 x 2 hour mini-rotations to allow interns to shadow other desks, which increased our knowledge of the bank but also of the opportunities available. HR were always on hand to help with questions and queries. There were also fortnightly intern social events. Possible improvements; I think 3x 3 week rotations would be even better, and I felt that the training before the internship did not do enough to put everyone on a level playing field.

    4/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • We had an extensive program of senior speakers from all areas of the bank, as well as diversity and inclusion speaker series, as well as a whole week of training. Would have preferred more training, especially on the day to day stuff such as excel use, use of bank's internal resources etc which could have made us more useful members of our teams.

    4/5

  • 10. What were the perks on your work placement?
  • Subsidised Canteen

    Subsidised/Company Gym

    Company Parties/Events

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • Very appealling, I liked the vast majority of the people I met and although each desk has a slightly different culture and attitude, it seems like a place where I would enjoy working. On the downside, there seems to be limited headcount, even for summer interns.

    5/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • The social inclination of my fellow interns declined as we neared the end of the internship as work pressures and pressure to get a job offer mounted. I didn't feel that there was too much of a social atmosphere beyond the workplace as I very rarely went out with my colleagues.

    4/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • Luckily I lived at home but other interns had to pay a handsome fortune for the privilege of living in pretty standard quality student accommadation. And working in the City and central London meant socialising very quickly became expensive.

    5/5

  • 14. What was the Nightlife like in the area you worked?
  • It seems that Abacus is the only club in the area, and it's always the same people there. Nevertheless there are some nice pubs/ bars that are underused

    3/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • We were invited to take part in the JPMorgan Challenge Run and also a Touch Rugby tournament. However, these seemed very much like one offs, there doesn't seem to be any teams/ activities going on beyond that (or at least we were not invited).

    3/5

    Report this review

Details

Internship (1 Month+)

London

August 2012


View More Reviews