Archive for the 'Finance' Category

Interns in finance are HARDCORE

See here for some great stories from the world of finance. Who says British youth don’t want to work hard? When was the last time you stayed in the office till 2am or took a 5 minute nap in the toilet cubicle? I believe most internships in finance pay pretty well but I was just wondering what it worked out as per hour…if I arrive at the office at 8am and leave at 2am, that’s 18 frickin hours. That’s hella hard work. I salute thee interns of the finance world! Here’s hoping you don’t lead us into another recession…(winky emoticon)

This is an incredible picture, it makes me want to buy the washing powder that these guys use

Which? route to take?

There are loads of people with horrible experiences as interns but my story is different. I graduated with a history degree from the LSE last year and spent 3 months searching for an entry-level job. I have some work experience but not really a lot and given the economic situation I wasn’t very optimistic. I didn’t apply for any internships because they were mostly unpaid and although my parents proposed to support me financially I decided to try it on my own. I became really desperate and applied for any jobs even those for which I was clearly over-qualified and which, to be honest, I’m quite sure I would have dropped out fast.

Continue reading ‘Which? route to take?’

The financial services deserve a mention

We haven’t had many posts about the financial services industry (working 16 hour days probably leaves little time to read blogs), but this intern advert certainly deserves a mention. A private equity firm asking for 2-3 months unpaid work! I am no banker – but I bet the money is sloshing about somewhere to pay NMW! Especially with offices in London, Paris and New York!

As an intern at Fidequity you will be an integral member of our team and will work hands-on with all team-members. Some of your tasks will include: researching the private equity market, database management and presentation preparation, along with general administrative duties.
Please note that this is an unpaid internship, however, reasonable out-of-pocket expenses, such as travel, will be reimbursed.

Staggering. As the person who emailed us this advert said:

No private equity firm who is still solvent cannot afford to pay staff for admin work. So either this is truly despicable money-grubbing, or it’s a conscious filtering ploy to ensure that only people who were born with a silver spoon can afford the admission fee to enter their hallowed industry.

Any financial services interns care to comment? Or even better – write to us with your own intern stories. Both good and bad.


Interns Anonymous

We want this website to be a forum for interns to share their experiences and discuss the ethics of unpaid employment. Most importantly, we want this site to be a place where YOU can tell us your story.

Disclaimer

Interns Anonymous accept no responsibility for the contents of the blog, comments or any other content on this site that is posted or provided by third parties. This website is designed to act as a forum for interns to share experiences and opinions about their work, therefore, we will not censor opinions we do not agree with. The opinions stated in blog contributions do not represent those of Interns Anonymous. We disclaim all liability for such content to the fullest extent permitted by law. If you have any queries please email us.

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