Asset Management Summer Intern - Direct Lending Review

Item: Asset Management Summer Intern - Direct Lending at M&G plc
Rating: 4.2
Author: Anonymous

at M&G plc

Internship (1 Month+)

Banking

London

Review Submitted: August 2024

Overall Rating

4.2 /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

4/5 - Skills Development

4/5 - Support and Guidance

4.3/5 - Company Culture

5/5 - Overall Experience

3/5 - Future Career Prospects

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis.

Began with an induction and presentations from across the business. Then I joined the Direct Lending team in private credit. Tasks I completed included:
- Working on live deals
- Credit analysis
- Financial modelling
- Writing credit papers
- Attending credit committees
- Data analysis, investment performance analysis
- Attending meetings

Were you given much responsibility during your placement / internship?

Given extensive responsibility across all tasks completed during the internship. It felt like I was immediately part of the team.

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?

Improved my excel skills.
Learn how to do credit analysis and financial modelling. Vastly improved my knowledge of Direct Lending with extensive exposure to all aspects of the role.

How would you rate the training provided during your experience?

3/5

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?

3/5

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?

A good level of support during my time on the Direct Lending team but it was not extensive. I was expected to already have a good level of financial knowledge so I could immediately start contributing with little initial guidance. My manager and other colleagues were available to help if needed, for example for any specific questions, but everyone was very busy with their normal jobs.

How would you rate the support and guidance from your line manager?

4/5

How would you rate the support and guidance from the wider team?

4/5

Company Culture

What was the company culture and general atmosphere like?

Extremely nice culture. Everyone is very kind and helpful, good to talk to, and open to making time for chats. Very relaxed and supportive atmosphere.

How would you rate the inclusiveness of the culture?

5/5

How would you rate the social opportunities?

2/5

How would you rate the diversity initiatives?

5/5

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 enjoyed it a lot. The company culture is very nice and supportive. I learnt a lot during the internship and significantly developed my skills. There was plenty of opportunities to network across the business and learn more about the industry.