My work’s week experience at Octopus Investments commenced on the 10th July 2017, I gained this work experience through the university via a friend’s mum. This work experience was incredibly helpful because it was my first ever work experience with the additional benefit that it was a sector I was hugely interested in as it related to my chosen degree: Financial Economics.
During my short time spent at the firm I couldn’t believe how much I learned mainly due to the organisation prior to my arrival, who had arranged for me to work in a different department every day. My first day was spent with the Client Relation team. The morning was spent shadowing a member of the team listening into calls, where I learnt the most about Octopus itself and the products it sold, with the client relation team having the most knowledge within the company on this aspect. The afternoon was spent with another member of the Client Relation team sifting through and processing feedback whilst improving my computer skills, as I was taught me to process and categorise all this.
My second morning was spent in Octopus’ property sales support team where they briefly outlined what their job entailed, then allowed me to work independently cancelling loan files. In the afternoon, I moved to the sales team and shadowed a member of the team who spoke to financial brokers and pushed to complete loans. On the Wednesday morning, I was with Octopus investment sales support team learning the ins and outs of their job and then creating illustrations (how much return they should expect if they invest X number of pounds with that product) for clients. In the afternoon, I was with a member of the sales team and listened in on his phone calls to potential and current investors. On the Thursday I spent all day with the AIM (Alternative Investment Market) fund team, it was probably the most interesting day of the week because I gained a understanding of how they run their £1.3 billion fund. I sat in on their weekly meeting discussing potential and future investments and then did research on a few of these potential investments, and gave my opinion. I received feedback and the positives of my research was discussed at length, and where to focus more to improve it. On the final day I was in the Labs team (their IT team) who are currently designing and implementing online product platforms which was interesting to see how they were helping the different departments I had been working with the all week.
Overall the work experience was fantastic and I would recommend doing some because it gives great insight into how large companies operate and gives you an opportunity to explore certain fields before actually committing to a full time job in that sector, whilst developing key office skills that will help me in the future after university and it skills which will help me through my studies.
– Ryan Beecheno