This summer I spent 2 weeks working in a small Asset Management firm in the City of London. I had a limited understanding of how the stock market really works, with most of my impressions being based on films such as the Big Short and Floored. I was initially intimidated by all the financial terms and jargon, but it didn’t take long to get my head round it. Investopedia quickly became my saving grace for interpreting financial reports and I found Killik & Co’s website to be a great introduction to the investment world. If you are interested these can be found at: https://www.killik.com/insights/explained/
Asset Management is fast paced and very interesting. No two days in the office are ever the same because the markets are so dynamic. I enjoyed learning about the importance of a diversified portfolio and the value of keeping up to date with current affairs. Every morning I would read analyst reports and examine articles in the Financial Times and London Stock Exchange. In just 2 weeks I had learnt so much about what was going on in the sector and gained invaluable experience in effective research. I encourage you to read articles on these sites and publications such as the Economist, particularly if you are preparing for interviews.
I was eager to learn more about the City of London which has a fascinating history. I really enjoyed visiting the Museum of London which provides a great insight into the history of the City and tracks its development from Roman Londinium to the thriving financial cluster it is today. The atmosphere of the City was very exciting and the social life was great, I can see why so many people are drawn to working there.
My advice to you all would be to gain as much experience as you can, particularly if, like me, you are not sure what you want to do. Apply for networking events, insight days and internships. Also, don’t be afraid to approach people from smaller or boutique firms who may not advertise their internships as publicly as the larger firms.
Sponsorship Officer 2016/17
Durham University Women in Business