Graduates & Internships, London: currently 29 jobs.The latest job was posted on 01 Jul 22.
Graduates & Internship Roles in London
Internships in finance in London are usually paid, at a rate of between £2,000 and £3,000 per month, and typically lead to a graduate training scheme post, where basic salaries are currently £50,000 with some potential for bonus at the bulge bracket investment bank analyst programs and somewhat lower elsewhere. For both internships and graduate jobs, employers are less looking for specific skill bases and client capabilities than for enthusiasm, and ability and willingness to learn. However, these programs are highly competitive and tend to go to the graduates who have demonstrated academic excellence, evidence of leadership potential from extracurricular activities and above all commitment to a financial career.
For the large players, internship roles tend to have a very seasonal process, with applications going in early in the academic year for summer posts. Many also offer week-long spring internships to student in their first year at university. However, for candidates willing to do research, there are temporary intern posts available throughout the year. Post-graduation internships can last as long as a year and might be seen as an option on a full-term job. Despite the financial crisis, investment banks and asset managers still all have active graduate recruitment policies and compete actively against each other for the best graduates, although candidates would be best advised not to use this as an excuse to make generic applications without fully researching their potential employer.
Students applying for internships and graduate programmes in banks (analyst programmes in the jargon) increasingly have a Masters in Finance qualification, although this is not mandatory. Banks also hire MBA students onto associate programmes.
More about working in London
London was rated as the world’s most competitive financial centre in 2017 and is the most important location in the EMEA (Europe, Middle East and Africa) geography. Its location between the American and Asian time zones has made it particularly suited for global markets like interest rates and forex.