The firm is very different to what has been told to me in an interview.
First, it is 3 times smaller. I made an educated guess in an interview, the interviewer confirmed it. The size is important to me for legal reasons (job security). I lost interviews with what I thought to be smaller firms for this “larger”, “less risky” operation.
Second, the closed-door-policy. You arrive, you go to your room, you maybe utter a few words over work with a colleague but that is it. It is incredibly odd. I saw intern working long hours on an assignment due asap to discover that the person who gave the assignment has long gone. No one introduced me in advance, I went from person to person introducing myself. The person who is supposed to monitor me is extremely busy, so the assignments are replicas of the work already done/ being done by someone in the firm. The strange thing is that he knows nothing about me - and does not seem interested to even ask about my vita. Some assignments like basic clerical work make me furious about losing interviews (of course, I smile!) More interesting assignments require time and I always keep hearing that analyst X has guessed the numbers (yes, educated guesses are the thing here) in a more exact way (even before I reveal my guesses). The most outrageous thing is that this analyst has N times less experience than me, let along never heard of CFA exams and works on basis of valuation models where cost of capital is ONE number (no calculus!). Of course, such model can be pretty exact, you can twist it the way you are told! That very analyst kept complaining to me about the company not investing anything in research databases, uses bits and pieces of recognisable financial models without bothering to remove the tags and brags about having made them himself - out of the sudden, in the best American English! Yet he is my supervisor’s favourite and that is it!
A few days ago the supervisor decided to read one of my assignments, well, the paper was read with marks, none on the content, he made every bit of attention to really silly issues like a missing article or maybe punctuation sign, to emphasise that I am not a native speaker. Yes, true, but it has never been an issue in this country. Funnily, I saw the document compiled by that very analyst. Very superfluous research and total lack of interest in the subject of his research.
I am trying as hard as I can to stay positive, to talk to people, to discuss interim progress with my supervisor. I am continuously offering him to have a look at my models, for which, naturally, he never has time.
All in all, I am not welcome there. Besides, for a person with experience like myself the whole issue of trial work is humiliating and degrading. I will never do it again, even for an hour, that is for sure.