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Higherin
Royal Bank of Canada

Investment Banking Summer Analyst Review

at Royal Bank of Canada

Internship (1 Month+)

Investment Banking

London

Review Submitted: October 2021

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
4.8/5 - Skills Development
5/5 - Support and Guidance
5/5 - 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.
My role mainly involves preparing presentation materials, performing financial modelling, and doing up Comparables analyses. Aside from these tasks, there is often other adhoc miscellaneous admin tasks that I help with as well (chasing signatures, filling up documents, doing meeting minutes)
Were you given much responsibility during your placement / internship?
Yes absolutely, I helped out in a billion dollar financing deal among 6 other multimillion dollar deals or potential deals
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?
I learnt extensively about the debt capital markets and how to do valuation for Term Loans, High yield bonds issuances. More importantly, I managed to pick up and understand the acronyms and lots of different jargon commonly used in Levfin.
How would you rate the training provided during your experience?
4/5
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 was supported before the desk placement with a 3 week training program. During my time in Levfin, numerous analysts were more than happy to guide me throughout and answer many questions I have. Some of them even called in to check on me and explain concepts whenever I am confused.
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?
Excellent culture, could easily talk to anyone on the team. The MDs were really friendly and supportive. One of them even called to congratulate me upon getting accepted into the program and offered to video call me to guide me on how best to prepare for my Summer internship.
Also had team drinks many times especially during the last week of my internship.
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?
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 the program very much.
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 Royal Bank of Canada
5/5

Recommendations & Advice

Would you recommend Royal Bank of Canada to a friend?
Yes
What advice would you give to others applying to Royal Bank of Canada
Definitely try your shot at applying, don't be afraid that you do not have Finance knowledge because RBC really values every applicant regardless of how much IBD experience you have had.
In This Review
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