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Pre-Banking Internship
Workshops
13th, 19th, 21st June 2013
André Flemmings
Manager
Banking and Finance Programmes
SECTION A:
Welcome & Introduction
Then to the City…
• You’re going to make more ‘paper’ than a
rapper.
But hold up!
You’re still a broke student and
you haven’t got that job.
(Yet.)
This is just a foot in the door....
... (albeit you have some very
crucial feet in some very good
doors)..
There is still
work to do.
But don’t panic!
Irrespective of whether
you’re feeling:
I want you to have an idea of want
you want and where you’re going?
So the point of this session…
My objectives for today are to
help you…
- Work out how to make the most
of your internship.
- Address the things that you dread.
- Produce a personal ‘plan of
attack’.
- Help each other.
Before we start…
Some ground rules:
This is an interactive session.
NICE!
TASK NO.1
Who yuh an’ wah yuh want?!
TASK NO. 1
In no more than 20 secs introduce:
i. Yourself.
ii. Your internship.
iii. Your division.
Workshop session
A. Welcome & Introduction
B. Spring week vs summer internship
C. General strategy and approach
D. The work
E. Maximise the opportunity
Workshop session
F. Being professional vs. Being yourself
G. Professionalism
H. Putting professionalism into practice
I. Tricky situations
J. Mini Tips
K. Q&A with the real experts
SECTION B:
Spring week vs. Summer internship
What’s the same?
It is (still) an extended
interview...
You will (still) be observed.
It is (still) kinda
scary.
(Mwah hahaha!)
a. Its value to the bank.
You are (still) part of ‘a
talent pipeline’.
They ‘ve got you early...
And want keep you.
And introduce you to
the ‘firm culture’.
In the short term at least...
...You will cost them money.
But soon...
b. Its value to you.
insight.
And
remember...
... it’s (still) a
two-way street:
A chance to turn
the tables...
... and ‘interview’ the bank, as it
were.
This is (another) chance to assess first-
hand:
- The firm
- The culture
- The people
- The work environment
- The work itself
i. Learning
The industry.
ii. Making connections.
• Not just with professionals
With industry
professionals...
With each other
... and each other – this is your
future professional network!
iii. Your chance to secure that
graduate job.
[Money]
Activities
You will (still) be:
I. Attending lectures, seminars and
presentations.
II. Work shadowing professionals.
III. Going to networking sessions.
IV. Working on team projects (in
some cases).
What’s different?
You will be doing
real work.
It’s a real
marathon.
Not a sprint.
TASK NO.2
3 MINS
Jot down 3 points each:
- Your objectives;
- What you’re looking forward to;
- What you’re dreading;
On your summer internship.
SECTION C:
“What’s my general strategy / approach?”
Suck the life out of this
opportunity.
Be a sponge!
Enjoy it!
How?
Put your life on hold.
Commit.
Have a plan.
(More on
this later.)
That means:
Work out what you
want.
Be decisive.
SECTION D:
“What will the work be like?”
TASK NO.3
GROUP TASK
- Together let’s make a 10 tasks you
might have to do during your
internship.
(Include a time frame for each task.)
TASK NO. 3
At all times you will need to
do this:
Be
commercial.
An investment in you
- When you first start work you cost your
company money.
- As time goes on and you learn, receive
training and gain experience, you begin to
save your company money.
- If you become a revenue generator you will
then begin to make the company money.
-15
-10
-5
0
5
10
15
Value of a new employee over time
You
Positive value
(making the company money)
Negative value
(costing the company money)
- Every action you take at work affects
your business.
- With every task, ask yourself how you
are adding value to the business – how
are you helping it to make money?
And with your tasks...
With any task, you are...
Making
£££
Costing
£££
Saving
£££
TASK NO.3a
- For each task listed, indicate whether
you are making, saving or costing your
business.
- Consider both short and long-term
impacts.
TASK NO.3a
SECTION E:
“How do I maximise this internship
opportunity?”
(As mentioned)
Be prepared.
Have a plan.
And use your
support
networks:
With each other
TASK NO.4
FOR HOME, E-MAIL IT TO ME
BEFORE YOU START.
Personal SWOT Analysis
And practically...
Try to eat well.
Get as much sleep as
you can (particularly
at weekends).
And not here.
Plan ahead.
Use alarms and reminders.
E.g. Do your
housework and
ironing on weekends
Plan your journeys ahead
of time.
(and have a “Plan B”).
So that you are not
this guy.
Or wind up
like her
because...
SECTION F:
Professionalism vs. Personality
Last time I
started with a
question:
Q. Which is more important:
Your actions?
Or how you are
perceived?
Answer: Both matter.
But perception creates the
reality of the situation
regardless of the actual truth.
Why?
Because personality is important.
Banking is about people.
People like personality.
Also, very often work is
boring... really boring.
And you don’t want
your colleagues to be
like this:
But what about being professional?
SECTION G:
What is it to be professional?”
What is entry level
professionalism?
1. Dressing appropriately.
2. Being punctual, every time.
3. Being prepared.
4. Being organised (having a pad or
noting appointments, tasks etc.)
5. Being respectful.
Obvious, no?
Professionalism: Advanced
Professionalism
Image
Specialised
knowledge
Competency
Honesty, Integrit
y
Humility, Accoun
tability
Self-Regulation
Respect others
The big word here is:
HONESTY
You need to be confident enough to
be honest:
1. With yourself.
2. With your ‘colleagues’.
And do not try to be who you think
assessors are looking for.
...a safe pair of hands.
A safe pair of hands
This is the most important thing in any
business.
Reliable.
Trustworthy.
Dependable.
“Handles business”
To be a safe pair of hands:
Do what you say you’re
going to do, when you
say you’re going to do
it.
SECTION H:
Professionalism in practice
So how does one become a
‘safe pair of hands’?
EXAMPLE 1:
Running late
EXAMPLE 2:
The likelihood of missing a deadline
EXAMPLE 3:
Watercooler chat
EXAMPLE 4:
Discussing work in public places
EXAMPLE 5:
Personal calls in the office
SECTION I:
Tricky situations – what to do
SCENARIO 1:
Hangovers at work
SCENARIO 2:
A poor pitch
SCENARIO 3:
Social media and your personal brand
SCENARIO 5:
Going for lunch
SCENARIO 6:
Taking negative feedback
Oh no she
didn’t!
Thank you
so much. I
shall take
that
onboard.
SCENARIO 7:
Wanting to work on that other desk
SCENARIO 8:
Bad working relationships
SECTION J:
Mini Tips
MINI TIP NO.1
Be enthusiastic and positive with everyone.
MINI TIP NO.2
Socialise but make meaningful relationships.
Get stuck in.
This is not a
‘smash and grab’
Socialise outside of work hours
with professionals and peers (but
pace yourself and DON’T be ‘the
victim’).
MINI TIP NO.3
Acquire knowledge actively.
Learn your trade
Use sources ALL sources of
information at your disposal
BEFORE, DURING and AFTER
the internship.
Learn through
observation.
Active
listening.
MINI TIP NO. 4
Respect others’ time.
Everyone is “busy”
So pick your moment to ask
questions.
And don’t complain about being
busy or tired to colleagues... Or
online. EVER.
MINI TIP NO. 5
Respect your time; manage it.
Get organised.
- Wear a watch – set alarms.
- Be early.
- Get organised: clothing, working out
where a meeting is.
- Spend your time wisely – plan ahead
when necessary.
- Keep a clear record of everything you
need to do – a WRITTEN task list.
Lists helps you to prioritise
(and at the very least give the
impression of organisation).
MINI TIP NO.6
Record your experiences - keep a diary.
• ABSORB – Write Notes
MINI TIP NO.7
Manage expectations.
Set in place buffers.
MINI TIP NO.8 (7a. really)
Acknowledge emails when you get them.
Don’t leave superiors like
this:
MINI TIP NO.8 (proper 8)
Ask (lots of) questions.
• - Ask questions when necessary (do not
suffer in silence).
- Ask questions when necessary.
- Ask the most appropriate person
and the right moment.
- Trust yourself: use your initiative
when you can and try to figure
things out for yourself.
MINI TIP NO.9
Speak English, not “professional”.
Avoid “professional speak”.
From: Kela Bingo
Sent: 15 March 2013 14:42
To: Daniel Stamen
Subject: Re: JP Morgan event timings conflict between mine and Jo’s calendar
Dear Mr Stamen,
I sincerely hope that all is well with you and within your team at this present tiem.
Unfortunately, I believe that I have located a discrepenmcy within the timings of the
forthcoming JP Morgan event which has been organised by yourself, as the timings, which
are for 16th and 17th of July, respectively in both mine and Jo’s calendars at this time, do not
match. If you could please check and confirm which one of these timibngs and dates is
correct I would be most grateful to yourself.
Many Thanks Indeed, Kela Bingo xx
Stick to clear, simple language.
From: Kela Bingo
Sent: 15 March 2013 14:42
To: Daniel Stamen
Subject: Re: J.P. event
Dear Daniel,
Hope all is well. I’m writing to confirm the date for the J.P. Morgan event. I have it as 16th July in my
calendar but Jo is showing it as 17th July in her calendar. Please could you confirm which date is
correct?
Kind Regards,
Kela
MINI TIP NO.10
Take ALL feedback with a smile.
MINI TIPs Nos. 1 – 10
A quick reminder.
1. Be enthusiastic and positive with
everyone.
2. Make meaningful connections.
3. Acquire knowledge actively.
4. Respect other’s time.
5. Respect your time; manage it.
6. Record your experiences.
7. Acknowledge emails when you get
them.
8. Ask (lots of) questions.
9. Speak English, not “professional”.
10. Take ALL feedback positively.
Just do it:
fall forward.
SECTION K:
Q&A with the real experts.
The veterans.

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Pre internship presentation 2013 final2

Notas del editor

  1. That’s the funny thing about a lot of applications that you make at your level: you have no experience and very little insight into what actually happens at these institutions.
  2. And please respect everyone’s comments and inputs.
  3. It’s scared and daunting I know. But here’s a tip that can help you overcome this.
  4. Which will lead to...
  5. Your buddy / mentor.
  6. Your peer network
  7. [PAUSE HERE – take responses]
  8. But also...
  9. Image- Looking the part.- Speak plainly and clearly.- Recognise register.Specialised Knowledge- Deep personal commitment to develop and improve their skills.Competency- They're reliable and keep their promises. - Are solution driven.Honesty, Integrity- They keep their word, and they can be trusted implicitly because of this. - They will do the right thing, even when it means taking a harder road.Humility, Accountability– If a project is beyond their expertise, they're not afraid to admit this. - They immediately ask for help when they need it and are willing to learn from others.- For their thoughts, words, and actions (especially mistakes).Self-Regulation- They also stay professional under pressure, not panicking when others are and instead focusing on putting things right.Respect others- Irrespective of their role or situation.- Emotionally intelligent (EI) by considering the emotions and needs of others.
  10. When people talk about you, the phrase you want to hear is that you are a “safe pair of hands”. The person every manager can just trust to get on with things with minimum fuss, drama or stress and bring solutions rather than problems.
  11. Keeps their word. Essentially...
  12. When people talk about you, the phrase you want to hear is that you are a “safe pair of hands”. The person every manager can just trust to get on with things with minimum fuss, drama or stress and bring solutions rather than problems.
  13. Collaborate with others – help each other out and spend most of your time listening more than speaking.
  14. Collaborate with others – help each other out and spend most of your time listening more than speaking.
  15. Develop your commercial awareness