Industrial Placements in Deloitte careers blog

Test your problem solving skills: Forensic Technology Challenge #2

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Paying homage to our fondness of brain-teasers, every month we post a new challenge created by the Forensic Technology team, focusing on logical, analytical and coding problems.


For this month’s challenge you need to put your spy hat on and decrypt a message.

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Posted on 09/08/2016 | 4 Comments

Forensic Technology Challenge – Bonus Question

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Already solved the #4TechChallenge for this month? Here’s a bonus question to keep your mind in challenge mode:

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Posted on 15/07/2016 | 2 Comments

Test your problem solving skills: Forensic Technology Challenge #1

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In Forensic Technology complex problem solving is a large part of our day-to-day work.

Paying homage to our fondness of brain-teasers, we’re launching a monthly Forensic Technology Challenge - a new series of logical, analytical and coding problems that put into practice the STEM, finance and technology skills essential to our work.

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Posted on 08/07/2016 | 8 Comments

Top exam tips from Deloitte

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Exam time can be a challenging period for a lot of students. Different students deal with it in different ways.  We asked three of our BrightStart school leavers (Devon, Michael and Angharad) and one of our graduates (Nayema) how they got through it. Here’s a summary of what they said. Stand by for some invaluable tips!

Having been through exams yourself, what would be your best tips for someone who’s about to take them?

Start revising early. It gives you the chance to plan properly. It gives you time to spot gaps in your understanding and ask teachers or lecturers for help. It gives you the best possible chance of walking into the exam room feeling prepared and confident. It might be tempting to have fun now and revise later but the benefits of revising early are endless.

Practising past papers is also crucial. It’s no good memorising the entire syllabus if you can’t perform in a practical scenario. Practising papers under timed conditions will help you understand what the exam will be like on the day, and that’ll take some of the pressure off you.

Sounds cheesy, but DON’T PANIC!! A bit of pressure is good to motivate you to revise beforehand. But when it comes to the actual exam, you’re so much more likely to remember those little things you forgot to look over if your head is calm.

At Deloitte, how do you manage your time between work and revision?

Generally, work time is for work. And study happens around that, mostly at weekends. Waking up a little earlier at weekends and doing a couple of hours of solid revision really helps.

Deloitte’s study days are also brilliant. We’re allowed to take a number of days as study leave every year, so that’s a great way to take some time off just before exams to prepare.

What would be your three top tips for staying calm throughout the exam period?

  1. Don’t just revise. Make sure every day has some non-exam chill time. Go for a long walk. Watch a movie. Take up a hobby. Do anything that gives you some head space.
  2. Talk to people. As clichéd as it sounds, talking to other people who are doing the exams will help you realise that you’re not alone and that other people may be finding it hard too!
  3. Eat and sleep normally. As tempting as it is to stuff your cheeks with chocolate, drink copious amounts of Red Bull and stay up until 4am cramming as much into your brain as possible, the caffeine rush that keeps you awake isn’t going to last forever and will leave you exhausted and with a headache – not ideal exam conditions.

What would be your top tips when it comes to time management around exams?

It’s all about planning your weeks in advance. See which days you can realistically fit revision in and stick to that schedule. Also, give your phone to someone else while you’re revising. You might actually get some work done!

Don’t forget to take breaks. It’s best to work for an hour or so, then take a 10-15 minute rest. Also, don’t waste too much time going over topics you know well. It’s better to know 5 topics well than 3 topics excellently and 2 topics not very well.

Have you got any tips for university students in the final stages of completing their dissertations?

  1. Get as much advice from your mentor as possible. Make sure you arrange as many one-to-ones as you can.
  2. Get someone to properly proofread your work and double check that your structure is logical.
  3. Focus on having a strong first half, but an even stronger second half. People often concentrate on getting the beginning right, but the findings/conclusions can really make or break a good dissertation. 

Work/life balance is important during exam time. What do you do to avoid getting too stressed?

Having a plan definitely helps. If things get intense, plan your weeks and then prioritise your daily tasks each morning.

Make sure you remember to take some time out. Exercise is great stress reliever. And even just spending a few hours reading a book or seeing friends can make a big difference.  

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Posted on 23/04/2015 | 1 Comments

What makes our Reading office special?

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Situated in the heart of Britain’s IT corridor, the Reading office presents fantastic opportunities for graduates interested in developing careers working with a truly diverse client base.  Our people find themselves in a unique position where they are provided with the opportunity to work with a variety of companies ranging from the largest FTSE 100 and Fortune 500 brands to privately owned fast moving entrepreneurial business across all industry sectors.  Our globally diverse client base provides our graduates with opportunities to coordinate with our other UK as well as global offices, thereby assisting their development as a 21st century professional.

The Reading office is the largest office outside London and has around 600 people working across all four of our service lines (Audit, Tax, Consulting and Corporate Finance).  This means the opportunities to learn and grow are endless. 

We encourage our people to work with their counterparts in other service lines right from the start of their career with us.  We offer office-wide initiatives to promote networking to help develop business and professional skills vital to everybody’s success (which also leads to developing some lifelong friendships!).

New joiners can expect a wealth of support upon joining Deloitte.  Every new joiner is paired with a ‘buddy’ who mentors and offers support in the initial weeks and months.  There are regular training sessions and constant professional development is encouraged and delivered across the grades.

Aside from the fantastic professional development opportunities, Reading is at the forefront of leading our Corporate Social Responsibility projects.  We have both formal and informal charity support arrangements in place.  We encourage our people to actively participate in such opportunities and the firm allows each individual to spend 3.5 hours each month specifically on community investment projects.  Our office often participates in “Community Investment” days – where the whole office spends a day with a number of different charities in the region doing things like painting, gardening and building – just giving something back to our local community.  Our people also have the opportunity to participate in a number of nationally acclaimed charity events – be that the annual Paralympic “Ride Across Britain” event or climbing Kilimanjaro!

Given the unique size of our Reading office, each graduate is presented with the fantastic chance to gain greater exposure to senior members of teams and therefore enable them to interact and gain experience from them on a regular basis.  As a firm we are supportive of agile working and our people are actively encouraged to take advantage of the flexibility the firm offers us

The Reading office is the ideal place of choice for anyone looking to explore differential opportunities within the Big 4.  Our size and breadth means that we can offer an unparalleled opportunity to all of our people to professionally develop in a way that’s personal to them – allowing each individual to achieve their career and life aspirations. 

Anita Grant 2Anita Grant, Tax Partner in Reading

Anita is the Partner leading the SE Executive Remuneration team and has been advising remuneration committees and companies on reward strategy, share and incentive scheme design, and developing tax efficient and commercially effective pay structures in the UK and many other jurisdictions for over 15 years.

 

 

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Posted on 12/02/2015 | 0 Comments

6 commonly asked questions at student recruitment events

I’m a recent university graduate, in my first year working in the Transaction Services team in Leeds. In this blog I’ll let you know about my experience in the Deloitte grad scheme, and give you tips to help with your application. Feel free to post any questions in the comments section below.

Regards
Grant.

                                                                                                                                                                                    

In the last couple of weeks I have attended a few student recruitment events on behalf of Deloitte, and I noticed a few questions which came up time and time again:

1.       How can I improve my chances of my application being successful?My advice is to: do a thorough manual spell check of your application (automated spellcheck doesn’t pick up everything). Make sure your application highlights all of your transferable ‘soft skills’ as well as your academic record. Be well informed about the Service Line you are applying to. And, make sure you apply early.
I’ll be doing a later post which will set out in a bit more detail my top tips for getting a job at Deloitte, make sure to keep an eye out for that!

2.       When do I need to apply? There is no set deadline so apply as early as possible – applications opened on 1st July 2014, for the September 2015 intake and the sooner you apply, the better your chance of securing the role you want.

3.       Do I need to have a degree in Accounting or Maths? No. The more relevant your degree is, the more it will help your application, but I know loads of people of people on the graduate scheme with degrees in other subjects, ranging from Politics to Modern Languages.

4.       In what ways is your job different to your expectations? The work in Transaction Services is a lot more fun than I expected – it’s a lot more about general business skills than number crunching; my colleagues are from a wider range of backgrounds than I thought; and the atmosphere is more challenging than I expected - if you join TS, be ready to be pushed outside of your comfort zone.

5.       Do I need to have done a [summer placement]/should I do one? If you do one it will hugely aid your application. But, if it’s too late to apply for a placement, don’t be put off applying for the grad scheme – I and many of my colleagues got the role without having done a placement.

6.       I’m a foreign student studying in the UK - will Deloitte sponsor my visa application? There is no easy answer to this one unfortunately, as it depends on the specific circumstances. I suggest looking here:  http://mycareer.deloitte.com/uk/en/university/apply-now/work-permits. If you are unsure of your right to work in the UK without a sponsorship from Deloitte, I suggest that you check with the UK Border Agency website.

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Posted on 15/09/2014 | 1 Comments

But what do you actually do in Transaction Services?

This is something I get asked a lot: Most people have heard of mergers and acquisitions but have no idea about our role is in the process.

In simple terms our job is to investigate the target company of a potential acquisition. We analyse the company in order to assess its ongoing financial viability and identify any possible risks to the business. The general sorts of things that we are investigating (although it varies greatly from job to job) are:

  • Is the company profit making, with a healthy balance sheet and a positive cash flow?
  • Are the company’s projections of future profits reasonable: are they in line with historical trends? Were historical profits influenced by large one off items which are unlikely to be repeated? Have they lost any big contracts recently?
  • Are there any risks to the company which we can identify: have the owners underfunded investment in the company, in anticipation of selling up? Are the company overly dependent on a small number of key customers/suppliers? Are they owed a lot of money from a company which is struggling to pay its debts?

Every company is different, meaning every assignment is different making this not just a vital part of any transaction but also a fascinating place to work.

                                                                                                                                                                                

I’m a recent university graduate, in my first year working in the Transaction Services team in Leeds. In this blog I’ll let you know about my experience in the Deloitte grad scheme, and give you tips to help with your application. Feel free to post any questions in the comments section below.

Regards Grant.

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Posted on 11/08/2014 | 0 Comments

Building a surprising career in technology.

If you’d told me a year ago I’d be working in Technology, I probably wouldn’t have believed you. I studied Maths and Statistics at University and besides a little experience of statistical programming, I had no background in tech.  I have since come to realise that working in Technology means much more than programming.

It started when I began my final year statistics project at University. I realised that I was able to think creatively and harness data to create innovative solutions to various real-world issues. This small taster of the possibilities that exist within Technology led me to decide I wanted to enter into the world of Analytics, and embark on a career transforming data into insight.

I applied for the inaugural Deloitte Analytics Training Academy, a graduate recruitment scheme run in partnership with the Department of Employment and Learning and Belfast Metropolitan College. It offered the chance of a job at Deloitte’s Insight Studio in Belfast where analytics solutions are built for a wide range of clients. 

What struck me most about this particular programme was that it targeted graduates from any discipline. Indeed, together we made up an incredibly diverse bunch coming from a wide variety of backgrounds including English, IT, History, Finance and Fine Art to name a few. We all had in common that we were keen to make a go of it in the fast-paced, cutting-edge world of Technology.

Training was nine weeks of classroom based learning and a second phase of five weeks working onsite in the Belfast office, all designed to equip us with the skills and knowledge required for a career in Analytics.

The broad syllabus covered technical aspects such as SQL (a programming language designed for managing data) and fun exercises, such as finding innovative ways of displaying data to make it easily digestible and understandable for others - a crucial part of working in Analytics.

On completing the nine weeks it was clear that there are numerous areas in Technology that I could specialise in, and in that short space of time I had developed skills in many. I graduated from the first stage of the Academy, received a certificate from Minister Farry, the Minister for Employment, and was invited to join the second phase of the programme. We were asked to work on an exciting upcoming project and undertook a project simulation which tested everything that we had learned and more. The experience I gained was invaluable. Not only did I learn the basics of what elements make up a Technology project, but also how they  work together to be able to produce a successful outcome.

Following a Partner interview, 10 Academy participants were offered a job in the Insight Studio, including me. Having started work I can now see how the skills I  gained are invaluable and have already seen a number projects that I would love the opportunity to get involved with. This, however, is only the beginning and I know there will be a lot of learning and tough challenges ahead -especially given that the world of technology is ever changing.

I’ll keep you updated.

Sarah

Sarah is an Analyst Developer in Deloitte Analytics

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Posted on 16/07/2014 | 0 Comments

"Halfway between university and a normal job."

Hi everyone - it's Grant back for part two. I’m a recent university graduate, in my first year working in the Transaction Services team in Leeds. In this blog I’ll let you know about my experience in the Deloitte grad scheme, and give you tips to help with your application. Feel free to post any questions in the comments section below.

Anyway, back to that quote - "halfway between university and a normal job."

Before joining Deloitte, that is how someone described the grad scheme to me – to be honest I didn’t really know what they meant. After my first two weeks at college studying towards the ACA qualification, I’m beginning to understand what they were getting at.

I’m in college with the approx. 40 other Deloitte Leeds grads (mainly from Tax and Audit). It’s early days but there seems to be a really good group of us. The college work isn’t easy, and there is a lot of content to get through, but it’s a lot of fun being in college with all the other grads: once a week all the guys play football together, and Thursday/Friday nights a load of us go out in Leeds.

Having looked at my schedule, I’ll be spending about 1/3 of my first year at Deloitte in college (on full pay). I’m looking forward to getting into the office and seeing what the job is like, but I’m looking forward even more to my next stint in college.

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Posted on 10/07/2014 | 0 Comments

Becoming a professional…

Hello, I’m Grant and in 2012 I graduated from the University of Nottingham with a degree in Maths and Physics. After taking a gap year, in September 2013 I Joined Deloitte as a new grad in the Transaction Services team in Leeds.

Over the coming months I’ll be letting you know how I get on with the Deloitte grad scheme. Hopefully along the way I’ll be able to help you decide whether or not the graduate scheme is for you, and also give you a few tips to help with your application.

If anyone has any questions, post them in the comments section and either I or someone from the graduate recruitment team will try to get back to you.

And so to part one; Becoming a professional

All the 40 or so new Corporate Finance grads start out by attending the graduate development week. In a nutshell it was all about turning us from students and into respectable professionals.

During the daytime we had workshops and teambuilding exercises designed to help us: make a good first impression, improve our presentation skills, hold effective meetings, be an effective communicator etc. During the evenings there was a fair amount of networking (drinking).

The whole week was really fun - my highlight was a talk from TV Psychologist Judi James (those of you willing to admit watching Big Brother will know who she is). Having a physics background, I was pretty sceptical going in, but it was fascinating. It was full of tips and tricks to help you improve your body language and make a good impression on colleagues and clients.

The week has really developed my ‘soft skills’, I’ve made a load of new mates, and learnt to think about things in a whole new way.

And that was only the beginning. I'll be back soon with part two of the journey...

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Posted on 25/06/2014 | 0 Comments