Spring Intern Review
at Jefferies International
Insight / Vacation Scheme (< 4 Weeks)
Investment Banking
London
Review Submitted: April 2024
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 Experience
5/5
-
Skills Development
4.8/5
-
Company Culture
5/5
-
Overall Experience
5/5
-
Recommendations and Advice
Overview of Experience
Please give an overview of the insight and what was involved on a day-to-day basis.
The programme was 4 days long. The first day contained a series of talk about the firm and its various divisions, as well as training on how to read the Financial Times. Day 2 contained a more detailed overview of each division within IB, as well as a case study for each. On Day 3, we completed the AmplifyMe IPO Simulation. This began with a quick overview of IPOs, followed by an individual task on Excel with a DCF model. We then split into groups, preparing a roadshow presentation and presented these to the rest of the cohort and a Jefferies panel. The last day was an interview with a member of Jefferies, providing the opportunity to convert the Spring Week to a Summer Internship.
What was it like understanding all about the business and potential roles available?
It was very useful - we got insights into Mergers & Acquisitions, Debt Capital Markets and Equity Capital Markets, and even some insight into Equity Research and Equity Sales and Trading, which were the other two programmes running at the same time.
Please rate how insightful you found the insight
5/5
How would you rate the structure of the insight
5/5
Skills Development
Have you learnt any new skills or developed existing skills?
I certainly feel as though I developed my skills. Day 3 was particularly useful as it was very hands-on. We developed our Excel skills and gained experience in looking at a 3-statement model. We also developed our presentation skills, both from a preparation and public speaking perspective, in a team-based scenario. This allowed us to build on a talk from the previous day, which was about how to build the perfect stock pitch, which we adapted for the roadshow.
How would you rate the training provided during your experience?
5/5
How would you rate the knowledge learned around industry-specific skills during the experience?
5/5
How would you rate the knowledge learned around personal or professional skills during the experience?
5/5
Please rate how the knowledge learned has helped you with regards to your career development
5/5
Company Culture
How would you rate business leader involvement during the insight
5/5
What was the company culture and general atmosphere like?
The company culture was fantastic - everyone at the company was very approachable and more than happy to answer questions. The atmosphere, whilst highly professional, was also very amicable and encouraged each person to be themselves.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the networking opportunities?
4/5
Please rate how valued you felt during your insight?
5/5
Overall Experience
To what extent did you enjoy the insight?
I very much enjoyed the insight - I came away feeling that I met lots of fantastic people, I had developed my skills and that I had gained a better understanding of what a career in Investment Banking might look like. The most enjoyable part was the AmplifyMe Simulation - although this was intense and stressful, I felt as though I had achieved a lot in a short space of time by the end of the day.
Please rate your level of enjoyment on the insight
5/5
Please rate how your experience met your expectations
5/5
Were you paid or reimbursed adequately for this experience?
I was reimbursed expenses
Recommendations and Advice
Please rate the future employment prospects at Jefferies International
5/5
Would you recommend Jefferies International to a friend?
Yes
What tips or advice would you give to others applying to Jefferies International
Ensure that you are well prepared for the online test, as this is your opportunity to stand out and be invited to interview. The video interview is with someone working in IB at Jefferies but is quite relaxed - make sure to let your personality come through and be prepared to explain your motivation to enter Investment Banking.
