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Commercial Management Internship Scheme

Who are we looking for?

We are looking for candidates who display a commercial mind-set and show a genuine interest in understanding the drivers of business success. You should have a proactive approach to learning with the ability to think strategically and critically. Given the nature of this programme, we require individuals who have excellent interpersonal and communication skills. We are looking for candidates from a diverse range of backgrounds and actively recruit candidates from all degree disciplines.

You will be in your penultimate year of study, be predicted a minimum 2:1 undergraduate degree from any discipline and have 300 UCAS points or equivalent.

What is the Commercial Management Internship Scheme?

The Commercial Management Internship Scheme will last 8-10 weeks and will give you a practical introduction to the management of operations within an investment management company. In order to deliver outstanding investment performance, our investors rely on a large number of teams. With many different areas to explore, there's bound to be a career path for you - whether it's within Strategy, Investment Specialist teams, Business Management, Client Relations, Sales, Marketing or Operations. You will typically be placed in a team that suits the skill set identified during the recruitment process, with some consideration to your specific interests.

You will be placed in a team in one of the following business areas:

  • Fixed Income
  • Retail
  • Equities
  • Group Operations

Fixed Income - Fixed Income manages assets on behalf of Internal and Institutional clients, utilising our extensive credit research capabilities and experienced portfolio managers to deliver strong investment performance.

Retail - Our Retail division is responsible for the effective distribution of our investment propositions of the Equities business. This includes the distribution of retail funds to clients across the UK, Europe and Asia.

Equities – Our Equities business manages assets on behalf of Internal and Retail clients, focussed on delivering superior investment performance to our clients. We do this by offering a diverse range of investment strategies across a wide array of geographies.

Group Operations – Group Operations includes Investment Operations, Change Management, Information Systems, Information Risk Management and Operational Risk Management. This department is responsible for the technology, change and processes involved in the successful day to day running of an investment management business.

Whilst on the scheme you will also be exposed to a number of areas outside of your immediate team through training, day to day work and structured networking opportunities. This will develop a broad understanding of our business and industry. Throughout the scheme interns will be assessed with a view to making 2018 Commercial Management Graduate Scheme offers upon completion.

Whilst some areas within this scheme work to support fund managers through their business functions, this scheme does not involve analysing investment opportunities. Candidates interested in this area of work should consider applying to the Investment Scheme.

What will you do?

You will be placed within one team and will benefit from participating in work where you can make a genuine contribution to the organisation. The nature of the work will vary depending on the business area and team that you are placed.

Work that previous interns have been involved in includes:

  • Preparing presentations and materials for client pitches in order to articulate fund strategies
  • Working with fund managers and fund manager assistants to answer client queries
  • Researching to understand the potential impact of changing market, regulatory, political and legal factors on the funds
  • Working closely with stakeholders to produce marketing materials including fund literature, adverts and digital content
  • Reviewing service agreements with external suppliers to help ensure long term business requirements are met
  • Working with other business units to research how to launch innovative new funds
  • Running performance reports on software for different clients within the business, showing the performance of funds
  • Conducting competitor analysis to understand where M&G sits in the market
  • Analysing business problems and drawing existing and future business processes

What training and development opportunities are provided?

You will take part in a training programme which includes insights sessions on asset management and the M&G business units. These are designed to be suitable for those without industry knowledge, and will provide an understanding of the whole spectrum of business areas within M&G. You will also attend business info sessions relating specifically to the commercial aspects of M&G, these informal small group sessions give you the opportunity to discuss teams and roles in more depth.

Interns are also invited to networking and social events, and provided with a buddy from our graduate cohort who will act as an informal support contact.

Role Details

Start date: Monday 26th June 2017
Salary: Highly competitive
Location: London

For more information and to apply, please visit our website via the button below.

We assess applications as we receive them so we encourage you to apply as soon as possible.

M&G is an equal opportunities employer and encourages applications from a diverse background.

We are unable to provide sponsorship for internships and placements. However, if you're in full-time education in the UK under the Tier 4 (General) category, current regulations may permit you to take on temporary employment during holiday periods or as part of your studies.

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