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Newcastle Building Society

Finance Student Placement Review

at Newcastle Building Society

Placement (10 Months+)

Accounting

Newcastle

Review Submitted: July 2023

Overall Rating

4.9 /5

The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!

5/5 - Overview of Role
5/5 - Skills Development
5/5 - Support and Guidance
4.8/5 - Company Culture
5/5 - Overall Experience
5/5 - Future Career Prospects

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis.
Working within the Group Financial control team, spending time with both Financial Close and Financial Planning and Analysis. Within Financial close I have worked on Bank reconciliations, before progressing to the WIP reconciliation and now responsibile for the Fixed asset process through to asset Capitalisation. Within FP&A I have been responsible for Budget returns and partnering of a department- challenging figures&commenatry, producing and sharing financial dashboards and involvement in the annual budget process.
Were you given much responsibility during your placement / internship?
The responsibility and trust I was given throughout my placement has been invaluable and more than I had ever imagined. Without being given the responsibility and independence I believe I would not have had as much success.
Please rate how meaningful the work you were doing was
5/5

Skills Development

Have you learnt any new skills, or developed your existing skills?
Yes I have developed and learnt a range of skills such as:
- Presentation
-Evaluation
-Challenging
-Forecasting
-Problem Solving and Implementation
-Collaboration
-Analysis
-Financial Modelling
-Prioritising
-Team Building
-Budgeting
-Personal Reflection
How would you rate the training provided during your experience?
5/5
How would you rate your development of industry-specific skills during the experience?
5/5
How would you rate your development of personal / soft skills during the experience?
5/5
Please rate how these skills have helped you in your career development
5/5

Support and Guidance

How much support and guidance did you receive during your placement / internship?
I had a range of individuals who would offer lots of support and guidance, from my Line Manager, team, colleagues from across the business and the Early Talent leaders and cohort.
How would you rate the support and guidance from your line manager?
5/5
How would you rate the support and guidance from the wider team?
5/5

Company Culture

What was the company culture and general atmosphere like?
The Company is a really nice place to work with a lovely environment and culture.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the social opportunities?
5/5
How would you rate the diversity initiatives?
4/5
How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
5/5

Overall Experience

To what extent did you enjoy your placement / internship?
I really enjoyed my placement and believe I have learnt so much more, especially putting knowledge from uni into practice. I think my experience has been invaluable and key to my future professional development.
Please rate your level of enjoyment on your placement / internship
5/5
Please rate how your experience met your expectations
5/5

Future Career Prospects

Please rate the future employment prospects at Newcastle Building Society
5/5

Recommendations & Advice

Would you recommend Newcastle Building Society to a friend?
Yes
What advice would you give to others applying to Newcastle Building Society
To do plenty of research before assessment centres and interviews and if successful make the most of the opportunities provided.
In This Review
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