Summer Internships

Summer Internships

• 1.
  Intern Event inassociation with
• 2.
  Moloney Search
• 3.
  University College LondonEconomics and Finance Society 7 th October 2009
• 4.
  Introduction to MoloneySearch Campus Graduate Headhunting Company Clients vary from international FMCG organisations and retail, to boutique banks and insurance companies Work in partnership with clients; run their application process for them Network across top tier universities with lecturers and specific clubs and societies
• 5.
  The Graduate Market66.7% of recruiters expecting a 2.1 or above 61.8% of graduate employers use competency based assessment 81.6% of employers use online tests 300,000 students graduated from university in 2008 13% of graduate recruiters have over 150 applications per vacancy The number of paid interns seems relatively unaffected by the downturn Median intern pay is £300 per week All Data taken from AGR Graduate Recruitment Survey, 2009, Summer Review
• 6.
  The Importance ofWork Experience Competitive Market Place Competency Questions Commercial Awareness
• 7.
  What Makes aGood CV? Academic background first, employment history second Employment history starting with most recent experience first Include extra-curricular activities – relevance… Summarise role and responsibilities Quantify achievements Summary of hobbies and interests Succinct and presentable No typo’s
• 8.
  Contact Details MoloneySearch Campus www.moloneysearch.com 020 7368 5160 [email_address]
• 9.
  Ed Johnson J.P.Morgan Summer Intern 2009
• 10.
  The application processInterviewed by HR Analyst/Associate VP/MD
• 11.
  Some simple adviceCV tips Interview basics
• 12.
  The types ofquestion you might be asked In your covering letter explain why you want the internship you’re applying for and why you are suited to that role Tell me about a time when you:- Took leadership You persuaded someone Why did you choose your course? What do you do in you spare time? How would people describe you? Why do you want to work for us? Why do you want to do trading? What appeals to you about banking? What is a derivative? American/European option? How do I value a bond? What is a yield curve? What is a hedge fund? Where should I invest right now? Why do a merger? What is DCF? What is the advantage of debt over equity? Might have to present on why to invest in one company M&A case study Persuasion group exercise Brainteasers Guesstimates Mathematical questions Logical questions Mental arithmetic Don’t be afraid if these come up If you had to write a book what would it be about? Which superhero would you be? Who would you go to dinner with? What animal would you describe yourself as and why?
• 13.
  Where can youapply? 4 th January 4 th January 11 th January 31 st December 11 th January Update dates and sponsors Bank of America Credit Suisse RBS Morgan Stanley Barclays Capital HSBC Macquarie BNP Paribas Lloyds TSB Nomura Lazard Rothschild Greenhill Bloomberg BCG Mckinsey Oliver Wyman Ernst & Young Deloitte KPMG
• 14.
  Coming Up NextWeek Monday 12 th October, 6pm, Darwin LT — Discover Deutsche Bank Tuesday 13 th October, 6pm, Citigroup Centre Canary Wharf — Citi Opportunities Tuesday 13 th October, 6.30pm, 1 Finsbury Avenue — UBS Networking Evening Wednesday 14 th October, 6pm, Christopher Ingold Auditorium — Insight into the Global Job Market with eFinancial Careers
• 15.
  Intern Panel
• 16.
  The intern panelEd Johnson Andy Gowans Fiona Elston Yasmine Abou Adal Maya Shah Jacob Gordon Economics & Statistics Economics Philosophy & Economics Economics Economics Economics J.P. Morgan RBS J.P. Morgan GLG Capital Partners Grant Thornton PwC UK TMT Corporate Finance Credit Trading Commodities Sales Hedge fund Accountancy Business Recovery Services How did you choose the companies to apply to? How did you choose your chosen field of work? How did you decide on a division/area? How long did you spend on each application? What sources of information did you use to help with your cover letter and interviews? What sources did you use to help with your technical ability within your chosen field? Did you receive help from any external sources? What general advice would you give to anyone filling in an application? How did you prepare for your interviews? Were there any questions at interview to which you simply didn't know the answer ? How did you deal with them? What advice can you give to calm yourself down in a tight spot? What would you do differently if you applied again? What was your typical day like? How valuable was the training you received? In general what were the people like- how would you summarise them? How was the programme structured? What skills do you think you learnt during your internship? Did you have any time to socialise with your desk/ other interns? What would you have done differently during your internship ?