Earlier this year, the Brokerage partnered with State Street Global Advisors (SSgA) to establish a new mentoring scheme. 21 future stars had an invaluable opportunity to learn from experienced professionals over an 8-week programme.
SSgA approached us last year as they were looking to set up a volunteering scheme that was high impact and structured, while drawing on the expertise and knowledge of their staff. Their idea was a mentoring scheme with weekly meetings that followed a set programme - we loved it and were delighted to offer the opportunity to undergraduates on our City Careers Programme.
The scheme kicked off with a lively launch event, leading into the first mentor meeting that focussed on business communication and networking. Then weekly meetings focussed on various skills that are vital to success in business and finance, topics covered included professional writing, interview techniques and presentation skills.
|Patrice expertly explains her analysis of emerging markets|
“I’ve definitely learned to communicate in a professional manner, thanks to the networking event and, of course, to my mentor,” one mentee told us. “I’ve seen a difference in my presentation skills and have become more confident.”
Another mentee told us how much they appreciated their mentor’s frank discussions: “My mentor is a very honest individual and I think this was instrumental in helping our relationship thrive. He often told me things I didn’t want to hear at the time - yet looking back on it, I couldn’t asked for more.”
Feedback from the SSgA mentors was overwhelmingly positive, with many commenting on how much potential they saw in the mentees. They also commented on how the scheme helped their own personal development. New skills that mentors mentioned they developed included interviewing, organisation, improvising and managing expectations, and one mentor commented that “it was a good exercise to go back to basics on our industry and what skills are important to success.”
The sessions culminated in a graduation ceremony at SSgA in Canary Wharf and a final project, where mentees had to prepare a business presentation. The challenging brief was ‘Mentor PLC, a large institutional asset manager based in the UK, believes that Latin America has the potential to be an excellent source of revenue for their business. How might Mentor PLC enter or cover this market to capture those revenues? What issues must they consider before they begin? Which two issues are the most important and why?’
Eventual winner Mairi descibes the challenges of establishing links in Latin America
The best presentation, as judged by an expert panel including Learnpurple CEO and Brokerage Trustee Jane Sunley, would win one mentee a very special opportunity - a paid internship at SSgA.
The mentees all rose to the challenge, with some professional quality and engrossing presentations giving the judges an extremely difficult decision. They eventually choose Mairi Tejani as the winner, but congratulations to all the mentees who absolutely rose to the challenge. Well done to Mairi, and we look forward to hearing how you get on this summer! With the help of their mentors, several other mentees have also managed to secure paid placements this summer at SSgA and elsewhere.
The mentees attend the Graduation ceremony at State Street Global Advisors
The scheme was a great success and we hope that the mentors and mentees enjoyed being involved as much as we did. We’re very excited to announce that the scheme will be starting again this autumn for up to 25 mentees, for more information please contact the Programme Manager.