barclays investment bank is one of the top investment banks in the world, offering global ib internship opportunities. this article analyzes barclays ib internship from recruitment process, daily work, office culture based on first-hand experience from ex-interns. key focuses are 1) barclays ib has intense work hours and go-go culture similar to wall street ibs; 2) barclays non-ib departments demonstrate more laidback british work style; 3) barclays ib internship has structured md/d networking program and hands-on deal exposure. we also compare barclays vs morgan stanley, goldman sachs in internship experience . investment bank internship hopefuls shall find this piece helpful.
barclays ib interns work long hours in high-pressure environment, contrasting to relax pace at non-ib
the article points out major differences in work style and culture between barclays ib vs non-ib departments. while ib interns work late nights and weekends are norm, employees at corporate banking, risk, finance departments leave working at 5 or 5:30pm. non-ib colleagues are friendlier and meetings with senior management are easily accessible for interns. however, work efficiency is comparatively low there. the intense ib culture ensures barclays provides quality solutions to clients swiftly, whereas other departments progress in a far more relaxed british style.
barclays ib interns undergo structured networking initiatives with md and directors
a highlight of barclays ib internship program is the structured md/d networking initiative. interns are highly encouraged to network with professionals across different departments. they are required to meet with at least 2 mds and 4 directors during the program, allowing them to learn diverse products and market insights while building connections.
interns get great hands-on deal exposure and are involved in live projects
leveraging its strong ib franchise, barclays offers interns invaluable hands-on experience in live deals and front office operations. while gaining hard skills in financial modeling and pitchbook building, interns also develop soft skills like communication, creativity and commercial awareness that are instrumental in winning business.
recent business restructuring caused morale decline but barclays remains a strong global ib
despite undergoing business restructuring and headcount reduction recently, article points out barclays ib has kept intact strengths in providing quality services to global clients. its rich heritage, international footprint and strong capital market capabilities cement its standing as a top investment bank to work for.
in conclusion, barclays ib internship enables one to be part of top-notch global ib whilst experiencing unique british-style work culture. while intensive work pace is inevitable for ibd interns, barclays instills programs for mentorship, networking and deal exposure. beyond ib, interns also appreciate the contrasting laidback environments in non-ib departments. despite facing business challenges, barclays remains attractive destination for investment banking careers.