I was fortunate to be among the five who were selected for the internship provided by one of the most coveted companies Goldman Sachs. Technology role at an Investment Bank means that one applies his/her technical skills to support financial services. For the 2 months that I was at Goldman, I was a part of the Financial Controller's Technology division. Other interns from VJTI were in Operations, Firmwide Services and Private Wealth Management Technology. To facilitate our induction into the company, interns were given seminars on the functions of the various business units of the firm. This helped me gain a holistic view of the company.
The projects assigned were largely determined by the manager one worked under. I was assigned projects that involved enhancing the console framework used by the developers in the team to create regulatory and financial accounting applications, creating a training tool for the new employees in the team to help them get a feel of the frameworks and the processes and enhancing a process model for collecting, analyzing and storing the company’s trade and valuation information.
The technologies I worked on were JAVA, Swing, XML and JUnit Testing. Luckily, I was not expected know these technologies as they were to be learnt on the job. Thus, I spent my first week becoming familiar with these technologies and applied them over the course of the next few weeks. The working environment was extremely congenial as all my team members were extremely enthusiastic in helping me overcome any difficulty. The weekly feedback sessions with my manager were an added bonus as they provided constructive advice that allowed me to further improve my work and meet my project deadlines. [.......]
The last week required me to give a presentation summarizing my work to the senior management in the firm. This presentation played an important role in receiving a pre-placement offer (PPO) apart from my manager's feedback. My projects provided me with an understanding of not only the role played by technology in the financial sector but also the functional intricacies of an Investment Bank.
During my internship, I was also able to interact with a lot of people at different levels of hierarchy in the firm, right from the Managing Director of Technology to the 40 other interns during lunches, team meetings and presentations. This allowed me to gain a thorough insight into the workings of the company. To all who thought that internships are extremely intense and draining with no time for fun, would be surprised as we had regular team lunches, cakes on birthdays, farewell treats by the team manager, an intern party, etc. We even got an opportunity to volunteer in the Community Teamworks initiative wherein we spent a day doing community service.
This internship has definitely been an eye opener and helped me gain the all important industry exposure that no book can substitute. Although I went into this internship with virtually no idea of what I wanted to do after graduation, I came back with a roadmap to continue the journey to my goal. However, the key to a complete experience would be to seek an internship in the company that is alligned to your future aims. If you want to continue in the technical field, then look out for an internship in a core company. Or even for a research project at the IITs, IISc or TIFR. This experience will also help you embelish your profile. Looking out for projects right from the second year is also a very good option because there is nothing like starting too early. What you learn from such experiences is what's going to eventually help you in your job or postgraduate studies. All the best!!!
- Priyanka Shende, 4th Year B.Tech student, IT Department
VJTI Internship Blog
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