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    I applied for RBS and I've got my phone interview coming up. In my online application I applied to:

    UK & Ireland - RBS Group - Summer Internship Programme - Corporate & Institutional Banking - UK Wide

    I'm 99% sure this is Banking division which includes corporate finance etc but I'm scared that it's not, given that in the careers section of the website it's called simply

    • GBM Banking – you will gain real experience with rotations across Corporate Finance, Debt Capital Markets, Equities Origination, Sector & Country Coverage and Portfolio

    Can anyone confirm that it's the same thing?

    Plus any further inside on the division would be helpful.
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    I'm pretty sure it's not the same thing - CIB (what you applied to) is different to GBM (Global Banking & Markets).
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    Its the same mistake I made two years ago! The first one you mentioned is NOT part of the investment bank, but is still a decent job and pays good money. Hence it ISN'T corporate finance in the way you perceive.
    The second one IS part of the investment bank, and this is the internship which is equivalent to corporate finance at other banks.
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    nvm
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    rbs is ****
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    (Original post by davidsmith)
    I applied for RBS and I've got my phone interview coming up. In my online application I applied to:

    UK & Ireland - RBS Group - Summer Internship Programme - Corporate & Institutional Banking - UK Wide

    I'm 99% sure this is Banking division which includes corporate finance etc but I'm scared that it's not, given that in the careers section of the website it's called simply

    • GBM Banking – you will gain real experience with rotations across Corporate Finance, Debt Capital Markets, Equities Origination, Sector & Country Coverage and Portfolio

    Can anyone confirm that it's the same thing?

    Plus any further inside on the division would be helpful.
    It's not, i did my work experience at GBM. GBM is the investment bank, which includes corporate finance.
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    ****

    Shall I email them and tell them what happened? Or shall i cancel the application and start the correct one from scratch?
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    You can just e-mail them and ask them to transfer your application to GBM. I did it but the other way round (GBM to CIB) and they did it straight away
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    In terms of a general idea about CIB, I came across rbsintern.blogspot.co.uk; an intern accepted in the summer of 2012 in CIB is planning to write a day-to-day blog on his experiences, and has already written plenty about the application process. Check it out!
 
 
 
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