Archive | January, 2017

My corporate finance placement

This post was contributed by BSc Accounting and Finance student, Prabin

Choosing to do a placement was undoubtedly one of the best decisions I’ve ever made – and choosing to do it at Meridian was an even better one. Although a small team, Meridian have a big impact on the south-coast business scene and have led some of the most exclusive transactions to household names across the globe. It’s been a very steep learning curve – and it has certainly been challenging at times – but with the support of everybody in the office, it has also been one of the most rewarding experiences.

Within the first few days of starting my placement, I was already involved in client meetings, financial analysis and financial modelling, and within the first few weeks – I was on a Sunseeker sailing across the channel to lunch at the Isle of Wight. With the variety of projects on board, it is definitely an environment which has never failed to keep me enthused.

Meridian’s role is leading a transaction and as part of the team here at Meridian, I work closely with clients, team members and other professionals alike to provide advisory assistance. The types of transactions I’ve been involved with vary across Mergers and Acquisitions, MBO/MBIs and Fundraising – and my role has varied depending on the transaction and the stage of the process. It has ranged from going out to meet clients in the early stages of prospecting, to sitting in front of a spreadsheet (with lots of tea) in order to understand their financial performance and forecasts, to being involved in the back and forth of lawyers’ negotiations.

The sort of insight into processes and market that I get is extremely valuable to me, and gives me plenty to be excited about. As I’ve gotten more comfortable and more settled in the processes I’m involved in – I’ve been able to take more on board in the office, and get involved in more and more events outside of work (usually involving lots of beer). The Corporate finance placement has definitely helped me realise what career path I want to follow in the future, and I feel it has given me a head start to a career in Finance.


New Year, new placement goals!

It’s the New Year, and most students have reached the half-way point on their placement. By now, you have settled into your role and the company, and can do your day-to-day job pretty darn well. In fact, you can probably do it so well that sometimes it feels a bit repetitive or even boring. This is not good for you or your employer, so what can you do about it?


Reflect on your role and think about how you could improve what you do

blog1Think about other functions within the business

blog2Plan your personal development


Once you’ve identified something that you’d like to do whilst still on placement, you have the most important step to take: speak to your line manager and let them know what you are thinking. Make positive suggestions about what you’d like to do during the rest of your time on placement, and discuss the possibility of taking on additional things to improve your skills and knowledge. If you’ve found an online course that you’d like to do, and it would benefit you in the current role, you can ask your manager if you can set aside some working time to study the course.

The key in all this is to be active and drive your own development. Employers are generally very happy to accommodate your development requests as long as it doesn’t have a negative effect on the business. I hope you’re able to come up with some exciting goals for the next few months!