Ernst and Young Internship Costs

Announcements Posted on
    • Thread Starter
    Offline

    0
    ReputationRep:
    Hi there,

    I am considering applying for a London EY Internship in tax for next Summer. However, I'm not sure I can afford the necessary commuting and/or accommodation costs during the 6 weeks. I would be grateful if anyone could advise me whether Ernst and Young pay for any of this? It appears unclear on the website if the internship itself is paid any form of salary?


    Many thanks in advance,
    Offline

    3
    ReputationRep:
    (Original post by nick1987)
    Hi there,

    I am considering applying for a London EY Internship in tax for next Summer. However, I'm not sure I can afford the necessary commuting and/or accommodation costs during the 6 weeks. I would be grateful if anyone could advise me whether Ernst and Young pay for any of this? It appears unclear on the website if the internship itself is paid any form of salary?


    Many thanks in advance,
    The internship is paid :yep: I'm afraid that I'm not aware of the actual rate (it's now many years since I interned with EY, and I'm based in the regions rather than London); it's enough to make a difference and I'd expect it to be enough to at least cover reasonable costs.
    Offline

    0
    ReputationRep:
    EY was 20k per annum approx for the internship this year.
    • Thread Starter
    Offline

    0
    ReputationRep:
    Thanks a lot, seems reasonable and should cover accommodation costs.
    Offline

    0
    ReputationRep:
    Be aware that this is per annum, so you have to divide it by 52 weeks and then multiply it by 6 for the number of weeks you're working. Either way, it's enough to make it worth it. And if you're worried, then maybe apply to a regional office.
    Offline

    1
    ReputationRep:
    I interned last year in the regions and got paid around £2k for the 6 weeks.

    You should expect around that amount. You'll most likely be getting £1k about a week into the Internship, and another £1k 3/4 weeks into it.

    So you will need to shell out some money from your pocket at the start to book accommodation, but it'll be offset relatively quickly once you start work.
    Offline

    2
    ReputationRep:
    Of course they will pay byt honestly, people will pay E&Y to get the chance for internship and the competition is fierce, apply for it and you can ask them all the questions once you are accepted. Seriously, that how many people get their job because they performed well at internship.
    Offline

    0
    ReputationRep:
    Is the internship only open to people in Uni?

    I've just finished year 12 and I want to apply for the 3 year scholarship next year, does anybody know when applications will open & if you have to be in year 12 or year 13 to apply?

    Thank you


    This was posted from The Student Room's iPhone/iPad App
    Offline

    3
    ReputationRep:
    (Original post by SamHLFC)
    Is the internship only open to people in Uni?

    I've just finished year 12 and I want to apply for the 3 year scholarship next year, does anybody know when applications will open & if you have to be in year 12 or year 13 to apply?

    Thank you


    This was posted from The Student Room's iPhone/iPad App
    The internship is just for penultimate year university students, unfortunately. There are other opportunities with EY, though - see here: http://www.ey.com/UK/en/Careers/Stud...Undergraduates
    Offline

    0
    ReputationRep:
    (Original post by Illusionary)
    The internship is just for penultimate year university students, unfortunately. There are other opportunities with EY, though - see here: http://www.ey.com/UK/en/Careers/Stud...Undergraduates
    I'm not an undergraduate student, I am still in sixth form about to start Upper Sixth (Year 13) and I was just wondering whether then3 year scholarship still runs & when it opens to applications for 2013 uni entry


    This was posted from The Student Room's iPhone/iPad App
    Offline

    3
    ReputationRep:
    (Original post by SamHLFC)
    I'm not an undergraduate student, I am still in sixth form about to start Upper Sixth (Year 13) and I was just wondering whether then3 year scholarship still runs & when it opens to applications for 2013 uni entry


    This was posted from The Student Room's iPhone/iPad App
    Ah, perhaps this? http://www.ey.com/UK/en/Careers/Stud...ls---EY-Degree

    Applications for the EY Degree are via the usual UCAS process.
    Offline

    3
    ReputationRep:
    What months does the internship take place in?
 
 
 
Today on TSR
Poll
How are you feeling about doing A-levels?
Useful resources

Articles:

Guide to finance and bankingGuide to accountancy

Featured recruiter profiles:

Deutsche Bank logo

Deutsche Bank is recruiting

"Thrive in an international banking environment"

ICAEW logo

ICAEW

"Choose a career journey with limitless possibilities."

Quick link:

Unanswered finance and accountancy threads

Groups associated with this forum:

View associated groups

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Quick reply
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.