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Summer placement pays off for City-based intern and company


Summer placement pays off for City-based intern and company

Investment Quorum (IQ) is a multi-award-winning boutique wealth management firm in the heart of the City of London. IQ offers a small number of internships to candidates eager to work hard, learn new skills and enhance their employment prospects at the same time.

Matthew LowmanMatthew Lowman completed his BSc (Hons) degree in Sports Studies at the University of Southampton this summer.  Prior to university he attended Brentwood School, where he achieved three A level qualifications.

As part of his degree Matthew studied a number of management-based modules such as Sports Marketing and Accounting & Finance, which ignited his passion for the financial sector, with a specific interest in Sales and Marketing.
 
His third year dissertation was 'An investigation into how financial organisations utilise the sport sector to enhance and nurture brand equity'.

To complement his academic studies, Matthew undertook a number of summer internships in order to enhance his employability and to gain different levels of experience within the investment environment. IQ gave him a great all-round introduction to the world of wealth management and he learned a huge amount during his time at the company.

With the number of graduates having significantly risen in the UK, the competition for places on internships is at an all-time high. Matthew sent in his CV and application letter to the CEO Mr Lee Robertson. With the agreement of the company's directors Matthew was accepted into Investment Quorum as a summer intern.

Matthew gained a thorough understanding of all the departments necessary to successfully run the marketing department of a financial management organisation. He experienced a number of marketing disciplines such as brand management, sponsorship, advertising and promotion in addition to customer relationship management. He was educated in the value and impact of correctly implementing PR within a wealth management company. He gained experience in client investment solutions and the process of asset allocation and fund selection in constructing portfolios.

Matthew was given a marketing-based research project which he completed and presented to the company CEO. The research was focussed on the concept of 'budget marketing' and led him to expand the project into constructing an exemplar strategic marketing plan for the company.

After the internship Matthew felt that he developed hugely through the experience. Being an intern at IQ exposed him to the culture of the investment industry and gave him a fantastic insight into an office-based work environment. The experience also enlightened him about the dynamics of a company structure and how a variety of departments can work in tandem to achieve long-term success.
 
He also gained in-depth subject knowledge on the investment sector. The experiences he took from the internship have been invaluable and he truly feels they helped to differentiate him from the huge pool of graduates competing for jobs in the market place. In fact, they secured him a position with Investec.

"IQ benefitted from Matthew's internship in myriad ways, in particular because of Matthew himself who was always enthusiastic and a keen learner. He was hungry to help out in any part of the team. This enabled him to get involved in all the various parts of what we do giving him a real insight into a City-based, client-focused financial planning practice" said Petronella West, Director of Private Clients at IQ "We got a number of jobs done faster than we might have done and we all had a lot of fun".

Interns can be an extremely valuable asset to any company. In today's world, graduates are leaving university well qualified and equipped with the latest IT skills and Matthew was no exception. Importantly, for a busy and successful company like IQ, Matthew was very diligent, ploughing through an admirable workload over the course of the internship.

There is no doubt that IQ look kindly on job applications from previous successful interns when they are recruiting for new junior staff. It is a great way of testing the water without making firm employment commitments and it helps to keep running costs under control.

Last, but not least, having a good intern can be a reinvigorating experience, encouraging all staff at every level to look at their approach to work through new eyes. For IQ, Matthew was a breath of fresh air. They have thoroughly enjoyed having him onboard and wish him well with Investec and all his future endeavours.

To find out more about IQ, click here.


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