About the WH Marks Sattin Job Doctor

WH Marks Sattin is a specialist recruitment agency dealing with accountancy, finance, tax and consultancy professionals. This is our Job Doctor forum/blog.

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Tuesday, 9 September 2008

Internship in investment banking

Sreenivas wrote:

Hi, I would appreciate a little advice on future prospects....

I am 33 and until recently was working as a chef. I gave it up to join a big 4 firm and am training for an ACA. To date I have had first time passes in my exams and will have completed professional stage in July next year (i.e. 2009). I was wondering if I would have some advantage in applying for an internship to investment banks as it is a career that I have always wanted and I believe that an internship will enable me to understand if I am capable of doing the job. Would very much appreciate your help in this regard.

Thanks


A consultant in WH Marks Sattin's Banking Division replied

An internship in an investment bank is a great way to demonstrate interest in the sector and for you to learn more about the actual job you’d be doing on a day to day basis. Also, many people who do internships are offered permanent roles afterwards. However, a job offer is certainly not guaranteed and you shouldn’t compromise your ACA for an internship. I’d recommend not giving up on your ACA as you’ve already had one career change and it will reflect poorly if you don’t complete it. Once you are fully qualified, you can look into summer internship programs for the investment banks as a means to moving into the sector. An alternative now would be to cover FS clients in your practice experience (if you're not already) - making the move internally onto this sector will equally demonstrate interest to potential employers.

All the best

WH Marks Sattin


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2 comments:

CasUaL_Co0LxGuYx said...

Dear Doctor,

I have completed my ACA Advanced stage exams and now looking to gain my 450 days of pre-requisite experience for case study exam and membership.

I have experience of working part time as bookkeeper for 3 years and also recently on an ongoing temporary accounting position in a charity.

What do you think are the prospects for me and given the range of opportunities at WH Marks Sattin, I believe I could find a thriving position.

Could you please also let me know about opportunities in the Middle East.

Many thanks in anticipation

Best regards.

21 September 2008 at 20:23
Anonymous said...

Hi Job Doctor,

I'm an American student and a Senior at University (In the U.S.), obtaining degrees in Finance & Accounting. I want to start my career in the UK with a focus on Assurance/Internal Audit. I have an full-time offer from 3/4 of the Big 4 firms for Assurance/Audit for May 2009, and I will be CPA qualified in September 2009.

Should I be applying to firms directly in the UK for positions right after I graduate (a.k.a should I be applying NOW for contracts/internships in 2009)? Or should I get 1 year of experience in the U.S. in Audit, complete the CPA and then apply/attempt a transfer?

Thanks so much for your advice,

- S

1 October 2008 at 15:40

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