12th October – PwC Internships and Employablily Presentation 20th Ocotber – EconSoc Army Barcrawl – Tickets sold next week. 22nd October – Birmingham Financial Forum 24th October – Credit Suisse Operations presentation. All events are on the website; www.econsoc.com, Presented by the University of Birmingham Economics Society Aim of today is to make sure you go away with as much information as possible to help you get the internship you want and crucially know how to succeed in applications. • • • • • • Who offers Internships/Insight Weeks Application process What you need to be doing now Where to get more help and information Finally what we’re going to be doing to help. Q & A session • • • • The Reality is some people already have Internships offers LSE/Oxbridge/Warwick are better prepared than you and have better opportunities You need to be applying for things now! – Basic Rule the earlier you apply the better! Deadlines are for Chumps • A strong emphasis is going to be on applications to investment banks, (as they are notoriously competitive) however the general principles will apply to all internships • Hopefully going to give you a better idea of what to expect when trying to secure an internship • • • • Insight week – Weeks work experience in Spring. Large number of candidate get fast tracked to Internships like this! (for students in the First year of a three year course OR Second year of a four year course) Internships – 3 Month Analyst Position in the city. If you show your value over the 3 Months, many candidates are offered a full time position (but the work you HARD!) (for Student in Second year of a three year course OR Third year students on a four year course) – “Penultimate year” Professional Services (PWC, KPMG, Deloitte, Ernst & Young) • Tax / Audit / Consulting Please note that there are loads more roles available full list of internships available at websites such as Ratemyplacement.com and milkround.com CLICK ME! Most firms that offer insight weeks will offer Internship, but there are also loads that offer just Internships. Milkround do NOT know everything, there are loads of firms available – do not pigeonhole yourself into just looking at these website! Online Application - Basic Information - CV/Cover Letter - Work Experience - Competency Questions Online testing -Normally Numerical/verbal reasoning/ nonverbal reasoning -SHL / Others (all timed) -Practice, Practice, Practice! Phone interview -Competency Based -General knowledge about the Firm/Motivations/Market knowledge First Round Interviews/Assessment centre -Typically competency based interviews -Numeracy Tests (again) -Group Exercises – Presentation – Teamwork Exercises Finally if your lucky an Offer! Decide what your are applying for: -Have a look at the different roles and decide what you will be best suited for and have an interest in. Make sure you know exactly why you are best suited to one role and not others! - How does your work experience make you ideal for the roles that you are applying for! CV – Have a strong CV written that will convince employer that they should choose you over other candidates.(1 page typically) – Careers Service will help with this Network • • Meet people who actually work in the City and ideally work for the firms that you will be applying for. Come to our Careers Events! – Make sure you get noticed! We run these events for your benefit, so make sure you attend as much as possible! Motivations/Competencies: • • • • Be able to state why you want to work in this industry What attracted you to a particular role What skills do you have that will benefit them If your not doing anything get involved asap! Get Involved - Start reading the FT, Economist start following the markets, the keener you are the greater your chances of success! Pressure Trading Game – November 23rd – Register online – http://www.pressuretrade.com Financial Forum! – Network with Students and Recruiters Societies – Investment Society and EconSoc will be looking for people to get involved and lessen our work load – future leaders Bloomberg Assessment Test – This is a great tool to make you stand our from other candidates! • Plan – Decide how you are going to approach each application, keep everything together • Application – Ensure that you are doing everything prefect – get someone else to check it. UoB Careers. Print it. • Numeracy – Do loads of practice, this is a easy way to sort out weak candidates. Try to do as much on your calculator, keep writing to a minimum. Practice materials available at SHL and Kenexa/PSL. (and our useful links) • Interviews – Make sure you know how your getting to the assessment centre, know as much as possible about the firm - http://www.thestudentroom.co.uk/ : Great resource full of loads of information about people who have applied, know the process and eventually got a job. -VAULT Guide XXXX: Gives a really good insight into the different roles (and what they entail) – Loads of really good career guide available. http://www.amazon.co.uk/Vault-Career-Guide-Investment-Banking/dp/1581313063 -http://www.efinancialcareers.co.uk/ -LOADS of info -http://www.milkround.com/ - Provide details and deadlines for internships -Econsoc website: Competency questions from last year, updated list of internships - http://www.mergersandinquisitions.com/ (Mainly US website, but still has lots of useful UK information) http://www.wallstreetoasis.com (Mainly US website, but still has lots of useful UK information) University Careers Department – In university centre, loads of free information, CV help and personal meetings to discuss your future • www.econsoc.com •CV SEO London •Cover Letter Seo London •LINK to Materials •Q & A session now •Coming next term: •Networking events with banks/internship talks •Credit Suisse two events •Bank of America •Transport for London •PwC •Updated website with this PowerPoint and more general information on everything you need to know. •Everyone is welcome to join us for a drink on us at Joes bar and we are happy to take questions. Anoushka Gohil RBS Spring Week RBS Corp Client Coverage Summer Analyst 2011 Brad Watson HSBC Executive Management Intern 2011 Ajul Shah RBS Spring Week PwC Spring Week Citigroup IBD Summer Analyst 2011 Zak Oozeerally Ernst & Young Audit Intern Robert Danilczuk BarCap, Credit Suisse Insight Events Sales & Trading Created and Presented by: Robert Danilczuk Brad Watson Tim Thorp Copyright University Of Birmingham Economics Society 2011© Please do not copy/edit without our direct permission