Deloitte
Your opportunity
Our team applies industry leading economic analysis to address real world commercial, regulatory and policy issues for private and public sector clients. Our technical economic toolkit combined with access to Deloitte’s wider financial, strategic and industry expertise and the Global Economic Advisory network distinguish us from our competitors. Through our global reach, you will have the opportunity to work with many of the world’s largest companies, including members of the S&P500 and FTSE100, as well as government bodies across the globe. And as a member of our team, you will get the chance to actively contribute to our projects from day one, with early client exposure and active participation in developing methods and tools to serve our clients.
For examples of our work, a selection of published reports can be found on our website: https://www2.deloitte.com/uk/en/pages/financial-advisory/solutions/economic-advisory.html
We are proud to offer flexible working arrangements which allow our people to choose the most suitable working arrangement that works for them. Whether this is working 4 days per week, taking the summer months off work, or more flexibility around your working pattern, we consider both formal and informal working arrangements that allow our people and our clients the best outcome. If you would like to hear more about our flexible working arrangements, please let us know.
Closing date for applications is 18th April 2022
Your role
Our work varies across both:
- Competencies: Working across issues in regulation/policy, competition, strategy development and price optimisation, impact appraisal and cost-benefit analysis; and
- Sectors: Working in a variety of sectors including telecommunications, media and technology (TMT), government and public services (inc. fiscal policy), infrastructure (transport, energy and utilities) as well as financial services and healthcare.
As an intern Associate at Deloitte, you will work alongside other economists as a core part of project teams. You will be applying microeconomic and macroeconomic theory alongside economic and econometric modelling to provide solutions for business, consumer and regulatory issues facing our clients. You will use analytical approaches such as econometrics, financial analysis and economic and general equilibrium modelling to provide solutions for our clients. You will have the opportunity to present your work both in written reports and in presentations and workshops with senior business and policy leaders. Our work is made better through collaboration, and in Economic Advisory you will work alongside a team of fellow postgraduate economists as well sector and technical experts from across the firm, both in the UK and globally.
Companies, regulators and governments look to us to help them understand economic issues impacting their business and policies. Your technical expertise and the skills you build in Economic Advisory will ensure you are seen as a trusted advisor in helping them make crucial decisions and making an impact that matters.
Responsibilities
As an Economist at Deloitte you will:
- Gain experience in a range of technical areas including economic analysis, market analysis, business modelling, strategy, policy appraisal, economic modelling, valuation and financial analysis.
- Develop solutions to a wide range of high profile and complex problems facing businesses, regulators and governments using a range of softwares and analytical tools such as econometrics, financial analysis, and economic general/partial equilibrium modelling.
- Collaborate with others through debate and discussion and build strong relationships with clients and colleagues.
- Communicate effectively with clients through presentations, reports and meetings.
- Develop report writing, team working, project management skills and the commercial application of economic theory.
- Continue with your professional development throughout your career through training opportunities across both soft and technical skills.
- Work in multi-disciplinary teams across Deloitte on major projects for both public and private sector clients.
- Experience different cultures and local business practices, whilst working with colleagues and clients around the world, as well as enjoying opportunities for national and international travel and secondments.
- Working as part of a diverse team with an inclusive culture where people are recognised for their contribution.
Your work, your choice
At Deloitte we believe the best impact is the value we add, not the hours we sit at our desk. We carefully consider agile ways of working, both formal and informal, that allow for the best impact for our people and our clients. Please speak to your recruiter about the working pattern that works best for you.
Location: London or Cambridge with flexibility for some home working
Work pattern: This is a fixed term contract opportunity for 8-10 weeks.
Our team members work a variety of agile working patterns. Tell us what arrangement works for you and we’ll try to accommodate.
Your professional experience
The Economic Advisory Summer Internship Scheme is suitable for candidates that:
- Will be starting a Master’s level degree in Economics or related subject in the next academic year that will be completed by Autumn 2023; OR
- Are in the first year of a 2-year Master’s level degree in Economics or related subject that will be completed by Autumn 2023.
The Scheme will start in late June/early July 2022 for a duration of 8 – 10 weeks. Based on your performance, there is an opportunity to receive a full-time permanent offer, beginning in September 2023, at the end of the internship.
In addition to the above requirements, our recruitment process will look for evidence of:
- Ability to apply knowledge of economic theory and tools to real-life commercial and policy issues.
- Analytical thinking and problem-solving skills to develop insights and solutions from data.
- Ability to manage your own work and timelines in order to ensure a superior client experience.
- Ability to explain economic thinking in non-technical terms to clients without an economics background.
Your service line: Financial Advisory
Advising clients in the moments that define their business takes multiple layers of expertise. Much more than due diligence, this is about diverse teams of specialists coming together, crossing service lines and international borders to tackle the many, complex issues involved in major transactions. And we have one of the broadest networks in the business. Here, you’ll find fascinating, career-building projects, market leading approaches, cutting-edge resources, huge clients and inspirational colleagues. As well as opportunities to develop a deep industry or product specialism.
Personal independence
Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints. This can mean that you and your “Immediate Family Members” are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm. The recruitment team will provide further detail as you progress through the recruitment process.
About Deloitte
Our Purpose & Strategy
To make an impact that matters for our clients, our people and society – defines who we are and what we stand for. Our purpose provides the foundation for our strategy and our aspiration to be the undisputed leader in professional services: this is not about size, it’s about being the first choice. The first choice for the largest and most influential clients, and the first choice for the best talent.
What do we do?
Deloitte offers global integrated professional services that include Audit & Assurance, Consulting, Financial Advisory, Legal, Risk Advisory and Tax Consulting. Our approach combines intellectual leadership, industrial expertise, insight, consulting & problem solving capabilities whatever the role, technology revolutions and innovation from multiple disciplines to help our clients excel anywhere in the world.
Beyond the UK: Deloitte North and South Europe
The UK is part of Deloitte North and South Europe (NSE), the second largest member firm in the Deloitte network. Deloitte NSE combines operations in Belgium, Central Mediterranean (Italy, Greece, Malta), Ireland, the Middle East (Bahrain, Cyprus, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, Palestinian Ruled Territories, Qatar, Saudi Arabia, United Arab Emirates, Yemen), the Netherlands, the Nordics (Denmark, Finland, Iceland, Norway and Sweden), Switzerland and the UK. Deloitte NSE brings together 2,700 partners and over 50,000 people, combining our unmatched breadth and depth of capabilities in audit and assurance, consulting, financial advisory, risk advisory, and tax and legal across the region. Being part of Deloitte NSE supports our aspiration to be the undisputed leader in professional services and will create more opportunity and growth for our people.
What do we value?
What brings us all together at Deloitte? It’s how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for maximum impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.
For a full job description please visit our online Deloitte Careers portal.
To apply for this job please visit apply.deloitte.co.uk.