We asked graduates to rate each of their employers in the Banking & Finance sector on categories such as Colleagues, Training and Company Culture; leading to an average overall score for each firm. We’ve compiled the results and the highest rated firms to work for are…
Top Larger-Intake Firms
1. FactSet
2. Fidelity Worldwide Investment
3. HSBC
4. Bank of England
Top Smaller-Intake Firms
1. Mitsubishi UFJ Securities International
2. NFU Mutual
3. Marsh
4. London Stock Exchange Group
Let’s take a deeper look into the ratings provided for each of the firms according to three of our key indicators:
|
Firm
|
Training
|
Work-Life Balance
|
Enjoyment
|
|
FactSet
|
4.3
|
4.2
|
3.6
|
|
Fidelity Worldwide Investment
|
4.1
|
4.2
|
3.6
|
|
HSBC
|
4.0
|
4.0
|
4.0
|
|
Bank of England
|
3.7
|
4.0
|
3.9
|
|
Mitsubishi UFJ Securities International
|
4.3
|
3.7
|
4.0
|
|
NFU Mutual
|
4.5
|
4.8
|
4.2
|
|
Marsh
|
4.2
|
4.0
|
4.1
|
|
London Stock Exchange Group
|
3.8
|
4.2
|
4.1
|
So it’s clear to see that whilst overall scores may be fairly similar, there are some considerable differences between ratings when it comes down to certain aspects of working for an employer. Graduates with each firm share the best and worst aspects of their jobs with us...
Lots of autonomy and responsibility early on, with direct client exposure and project work as soon as you’ve completed training. Company actively encourages socializing within and outside of the office. Relaxed environment with a really good support structure. Great work life balance. Relatively boring/repetitive projects early on while you’re still learning.
Consultant, at FactSet
Rotations – broad experience of Fidelity and the wider industry. Network – senior staff very accessible, buddy graduate programme, senior mentor programme. Flexibility – scope of work/career path is very flexible. If you are willing to put the work in you can shape your journey within the company.
Business Management Associate, at Fidelity Worldwide Investment
Great support network of people who are willing to help you. Opportunity to study for professional qualifications. Fellow grads are very friendly. Good culture within organisationFormat of programme changed after we started. Sometimes things can take a long time to get organised.
Executive Management Trainee, South and East at HSBC Bank Plc
Large amount of responsibility. Get the chance to work on important, newsworthy issues Intelligence of colleagues Interesting seminars, internal/external speakers. Good amount of exposure to senior staff at supervised firms. Large workload. High level of technical understanding needs to be developed before you feel comfortable with all the issues.
Associate, Banking Supervisions at Bank of England
In the first month of the graduate scheme, we took part in a four week Product & Financial training programme. This was extremely thorough, and provided a great base for moving onto our desk permanently. Once you are on your desk, you are made to feel like an important member of the team, and have many responsibilities straight away.
Analyst, Operations at Mitsubishi UFJ Securities International
Great, friendly atmosphere. Everyone from senior management down is willing to take the time to discuss career development / issues with you. Trainee scheme offers a good opportunity to see a number of business areas, and you get a lot of freedom to plan your own placements. You’re not developing to a specific job, but gaining as much experience / knowledge as possible to then see where you fit best. A number of useful courses organised for professional development, coaching as needed, and on the job support from placement managers.The freedom to plan own placements can feel like a lack of structure at times, can be uncertainty about where the scheme may take you.
Professional Trainee – Customer Service, Customer Services at NFU Mutual
The wide range of opportunities within the company due to the breadth of expertise. The prestige and reputation of the company in the industry. The lack of ability to move/ change quickly due to the size of the company and the layers of sign off needed.
Networks Placement, Consumer and Commercial at Marsh
Opportunity to travel for business and 6 month rotations. Strong and respected brand. Flexibility to decide own rotations. Good rate of pay for hours worked compared to a lot of financial services firms. Friendly atmosphere. Lack of internal candidates in senior positions. Uncertainty around graduate program progress. Communication between areas of the business sometimes poor, leading to duplication of effort.
Graduate Associate, at London Stock Exchange Group
When each graduate completes a job review with TheJobCrowd, we ask them a number of questions such as ‘what is most important to your career?’ or ‘how long do you expect to stay in your current job?’. These responses from thousands of grads have given us some great insights into what they’re really after.
To find out more about TheJobCrowd’s graduate insights, say hello at [email protected]
