More cash, less buzz for 2020 investment bank interns

) have all held internships virtually this year as they adapt to the restrictions imposed by the coronavirus pandemic.

Although many of the highly sought after schemes were cut to 5 weeks from the usual 8 or 10, most interns lucky enough to secure a place still received full pay while working from home. “Some of them probably still work relatively long days because they want to make a good impression and do the best they can on their projects,” Sharpe said.

At Barclays, there were two weeks of classroom learning, and while some parts involved a real-life teacher others required watching videos on an online portal. But working virtually has made interns less competitive with each other and more willing to help, the intern said, adding they were able to call each other to ask questions.

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