Internship Abroad: Blog
Get ready to take on the world
Learn about cultural experiences of the interns, in their own words.
Patrick Hauf, Otto-Friedrich University Bamberg
Patrick, 24 years old, completed an internship abroad in Miami. He studies Business Administration in his first semester and will support the US Audit team during his four week-stay.
Welcome to Miami
Hey everybody, this is Patrick and I’m writing to you from the 36th floor of the Deloitte tower in downtown Miami with an awesome view and a great airconditioning (it’s 34°C and REALLY humid out there, so I’m totally glad to be at work right now, no kidding!)
But before I start, you might have realized that all the other interns were assigned to one week in which they report to you every day. But since we are five global interns from Germany, but there are only four weeks of internship, I was selected to report to you in the last week, so after the actual internship. That’s the reason why I jump to different dates within the internship and I might skip some of the not-so-interesting days, but I put the dates at the end of every post, so it’s easier for you to follow.
So lets get started at the beginning: after I arrived on the airport on saturday, I tried to set up my phone with an American carrier to use the Uber app and the Uber event codes Deloitte provided for us global interns to get to my apartment and to the clients, but unfortunately it didn’t really work out. So the next thing I wanted to do was to get some cash and go to the apartment by cab, but after I failed getting some cash out of the ATM as well, I felt a little frustrated, actually not the best start for the internship. But since you can pay here almost everywhere with a credit card (God bless America!), I was able to took a shuttle-bus to our apartment in Brickel, the financial district of Miami right south of downtown. I’m staying in a two-bedroom, two-bathroom, fully furnitured apartment in the 28th floor of this building (the view is amazing!) with Max, another participant of an internship abroad from the Netherlands.
On our first evening we took the Metromover, a free elevated tram that covers the whole center of Miami, to downtown, got some lunch and started to discover some of the central sightseeing spots by foot, such as the Freedom Tower, Bayfront Park and of course Bayside Marketplace.
On the second day I got up very early (what a surprise, thank you jetlag) and did some grocery shopping at the nearest Wal-Mart. The variety of products was overwhelming and it took me way too long to find all the stuff I need and finally decide for one brand.
After carrying everything back to the apartment and enjoying the first peanut butter sandwich in my whole life, I went downtown and continued my sight seeing tour. I booked a tour called “Millionare’s Row Cruise” and really, the name says it all. We passed highly promising star island, where all the celebrities live or have lived, for example Madonna, Silvester Stallone, J. Lo or Rihanna, Fisher’s Island, which can only be reached by ship - no bridges or tunnels are going there - and last but not least the port of Miami, from where you have an amazing view of the skyline of downtown. Besides the magic city, Miami is also called the cruise capital of the world, due to the huge amount and size of cruise ships arriving and departing here over the last couple of years.
I spend the afternoon at South Beach, the most famous beach of Miami Beach. Note: Miami Beach is a different city than Miami, they are completely independent from each other. South Beach and Ocean Drive are the most famous locations in Miami Beach, normally linked with Miami but actually they belong to Miami Beach.
Patrick, Miami, July 7, 2016
Deloitte University – The Leadership Center Day 1
Every summer Deloitte U.S. holds the annual intern conference at the Deloitte University (DU), an intra-company training and education facility in Westlake, Texas. Every intern of every Deloitte office in the U.S. is invited to the conference. Deloitte takes care of flying in each and every current and former intern of the current fiscal year and provides accommodation in the DU itself. The training facility was opened in 2011 and the whole premise covers 107 acres, offers enough rooms for up to 700 people a day, a gym, a sports bar with a lot of different pub games and an amazing!! restaurant. If you want to find out more of the Deloitte University, watch this short video on Youtube (https://www.youtube.com/watch?v=oL_hHe14B3Y).
Due to the huge amount of interns Deloitte employs every year and the limited capacities at the intern conference, they organize different dates for each service line and area. The internship conference I participated in was called the East and West Audit Intern Conference and took place from July 17th to 19th.
After my flight from Miami International Airport to the Dallas Fort Worth International Airport, I recognized a big crowd of well-dressed, young business professionals outside the airport, all waiting for the next pre-booked shuttle bus to the DU. The check-in at DU itself was really fast and uncomplicated, we received our individual training plan, room keys and name tag. There was a little bit of time left, so we checked out the restaurant and took a walk through the building itself and the park next to the university. The conference dean Donald Heisler, audit partner in the Seattle office, welcomed us in his opening speech and told us, what we can expect in the next few days. After his speech we were organized in smaller groups and faced with a wicked problem, we were only able to solve with the support of every one of our team and that showed us pretty early what this conference is all about: teams and networks! How to interact with or within a team and how to build them, how to create and maintain a strong professional network around yourself and what benefits you can get of being part in a strong network – both in a private and professional manner.
After we were able to solve our wicked problem and presented the solution to the other teams, we enjoyed an amazing dinner and committed in social community service, were we were able to contribute in providing meals for those in need. Since I’ve arrived here in the US I follow all the blog posts of the other international interns from Germany, so I’ve read that the intern conference of Moritz were able to pack just over 80.000 meals. At this point I have to announce that my group of interns was able to pack approximately 130.000 meals! If this had been a competition, we definitely would have won it :P
At the end of the day we had some spare time do whatever we want. Some interns went to the gym working out, some others rented bicycles from the DU and did a little cycling tour in the beautiful area around, but most of us went to the Barn, the sports bar I told you before, working on extending our professional networks within the Deloitte organization.
Patrick, Miami, July 17, 2016
Deloitte University – The Leadership Center Day 2
After we got up and enjoyed the amazing food at the Market (I can’t emphasize this enough), our first meeting was in the Barry Salzberg ballroom, the only room at DU which is big enough to host all of the 700 interns.
Prior to our arrival at DU, every participant had to take a Business Chemistry Test, a personality test developed especially by Deloitte to provide an understandable, but reliable system to classify the different personality traits in four big clusters: the guardian, driver, integrator and pioneer. The test is made to show you, which major personality traits you have, but more important it shows you, how you are able to easily figure out, what cluster the person you are talking to – for example a colleague, a client or anybody else – is in and what you should be aware of, interacting with a person of this particular cluster to make your collaboration as pleasant and effective as possible.
After introducing us to the workshop and the next problem we have to face, we were organized in smaller groups again to apply the knowledge we’ve earned about business traits in a safe, but challenging environment. The workshop was about a small city that suffers from a recent earth quake which destroyed all of the important infrastructure and public buildings like schools, city halls and shelter. Every group represented a specific agency tasked to solve the cities problems in the particular area we were representing, for example transportation, food supply or education systems.
The first part of the workshop was to get to know your team a little bit better and try to figure out, which business chemistry type everybody was with the objective of using knowledge we’ve learned in the business chemistry introduction to solve the problem and serve our client – in this case the destroyed city and government officials – even more effective and focused.
In the second phase we worked on concepts and ideas how to approach the given problem, how to spend the ressources we were equipped with to provide the most assistance as soon as possible. In this phase of our project I was really able to recognize and see the different types of the business chemistry test, how they interact in a professional work environment with a limited time frame while beeing put under pressure and how to make yourself aware of dealing with the unique characteristics of every single type.
After we found a suitable solution for the problem in our team itself, in the third phase we needed to talk to the government officials of the city, county and state to share our concepts and thoughts with them. Before this dialog, a lot of information were given how to get in touch with other people and how to build a strong relationship to them, how to get through the outer shell every human being is carrying and how to reach the inner core, to elevate the conversation and the relationship to a higher, more intimate level.
The fourth and last part of the workshop was about collaborating with the other five agencies, to combine our limited resources to provide an even more targeted and economical solution, because everybody should know that we can reach more when we assist instead of compete with each other.
I have to admit, when I first took the business chemistry test in the office, I was some kind of bored and asked myself, why would I need something like this? I mean, I’m 24 years old, did my bachelors degree and I’m in university for my masters right now, so I thought I’m old enough and had enough experiences with other people in my life to assume that I have enough knowledge of human nature to know, how to interact in groups, both professional and private. But after this workshop I don’t feel bad to say that I was wrong! Even in such a simple setup of a fictional city which suffers from an earth quake, you are able to recognize so many different aspects in the behavior of other people when you just know what you have to look for. I think everybody, not only client serving professionals, should do a test like this at least in the beginning of their career, but even better in a regular time frame every couple of years, because your own behaviour and business chemistry type can change over the years.
After the workshop we had dinner in the market (Guess what? It was delicious!) and met again in the Berry Salzberg ballroom for games night. Black jack, roulette, billard, table soccer, karaoke, there was something for everybody to socialize again with the people of your own agency, the other agencys or even other interns you haven’t had a chance before to talk to. You see, the DU provided a lot of opportunities to build up a business network within the Deloitte organization and even more, to become friends!
Most of the interns (me included) went to the Barn after the closing of the games night to continue chatting, playing and dancing.
The first meeting of the last day was scheduled for 9.30 AM and it was totally necessary, because some of us went to bed at 3 AM or even later. The last day was kind of relaxed, we had to check out of our rooms, conference dean Don Heisler summarized everything we’ve learned in the last few days and we listened to a speech of Sam Kavanagh, a professional Paralympics cyclist who lost one of his legs in an avalanche while being on a ski trip with his friends. Everybody really appreciated the life lessons he was willing to share with us.
The other interns from Miami and me enjoyed a quick lunch and then we took the shuttle bus back to the Dallas Fort Worth International Airport to get on our flight back to Miami.
Patrick, Miami, July 19, 2016
Working at Deloitte Miami
Today is the first day of my fourth week here at Deloitte Miami and I want to tell you a little bit about my day-to-day work here. First of all, the Miami office starts normally about 9 AM, but most of the employees show up between 9.15 and 9.30. This was very confusing for me on my first few days when I was almost alone in the office at my arrival at 9, but now I have to say I kind of like it to sleep a little longer in the morning, since I’m used to be in the office at 8.30 AM in Germany. The second big difference from the Miami office to what I’m used to in Germany is the dresscode. On my first day, I showed up in my fancy suit and my accurate knotted tie, but soon I realized, that I’m the only one wearing a tie. Most of my colleagues were not even wearing a suit. This might has to do with the extremely hot weather in the summer, because it’s almost inhumane to walk outside in the brutal heat and hard enough to breathe with normal clothes, so you really don’t want to wear a suit and a tie during midday sun outside. In general the working atmosphere is more casual than in Germany, everybody is talking among themselves by their first name, even to their supervisors, partners and surprisingly to their clients!
The Deloitte office is in the Wells Fargo tower in downtown Miami, approximately 10 minutes walk away from the Biscayne Bay, where the port of Miami and Miami Beach is. The office in Miami is a smaller one, about 300 employees working here, but most of them are out of office at the clients site all the time. So the office itself covers only two floors in the Wells Fargo tower.
In the four weeks of my internship I was assigned to two different clients, both among the biggest clients of Deloitte Miami, nevertheless I never heard the names of them before. The first client was a hotel group with a huge amount of hotels in Miami and whole Florida. I supported my team, consisting of my senior, a first-year employee and me, with preparing the quarterly financial statements. It was very interesting to earn some valuable insights in the hotel industry since I never worked in this sector before.
The second client was a big metal and silicone producer with headquarters in Miami and branches and factories in the whole US. He merged with a Spanish metal company, so our task was it to examine and audit the transaction and check the adjustments made to the financial statement, balance sheet and income statement due to the merger. Since the Spanish parent company is using IFRS, we had to convert and compare the American financial information from US-GAAP to IFRS and I was finally able to use the IFRS knowledge I learned in university in a real life work environment. This was really interesting, even though I never learned anything about US-GAAP before. On this assignment our team, consisting of two seniors and two interns, worked in the client’s office, so I was able to see the working conditions of audit teams in the US when they are on-site at the clients: you are crammed in a small meeting room with way to many people, so it’s kind of the same as in Germany sometimes; but nevertheless it was a nice experience.
In between my assignments and the clients work I was able to attend a meeting hold for all the US interns regarding the CPA. Deloitte invited a speaker of an external training institution who showed us how the CPA exam is built up, the requirements that you need to fulfill to take the exam and how Deloitte will support you with the exams. It was really interesting to learn more about the CPA, the American equivalent to the German Wirtschaftsprüfer (as far as I know, there is no American equivalent to the German Steuerberater, so most of the US tax consultants take the CPA exam as well).
Patrick, Miami, July 25, 2016
Leisure time in South Florida!
This is my last post I’m writing to you on the last day of my internship abroad and today I want to tell you about all the cool stuff I was able to do in my leisure time here in South Florida during the last four weeks.
The US are famous for their huge outlet shopping malls, fortunately one of the biggest malls is only 35 miles away from Miami, so on our first weekend Victor, the Brazilian intern from São Paulo and me rented a car during the whole weekend to drive to the shopping mall on Saturday to spent way too much money in the end. But it was worth it!
On Sunday, we took the car and drove deep inside the Everglades, a natural region of tropical wetlands. The everglades are most famous for the countless amount of crocodiles and alligators and according to Wikipedia, it is the only region in the world were both of them live. I have to admit, I didn’t even know that there was a difference between crocodiles and alligators, but one of the biggest is the water they live in. While alligators try to avoid salt water and humans, the crocodiles live in salt water and are more aggressive and therefore more dangerous for humans.
After finishing some of the smaller hiking trails in the Everglades National Park, we booked a 90 minutes airboat tour through the shallow areas of the park. Unlike a regular boat, an airboat is powered by a huge propeller, so that the sawgrass of the Everglades could not block the engine. We had a great time during the airboat tour and I can recommend it to everybody who is ever going to visit South Florida. We saw a lot of alligators and our crazy driver even touched them on the nose when they were close enough.
As I mentioned in an earlier post, we spent the second weekend at the Deloitte University, but on our third weekend we rented a car again and drove all the way down to Key West. It was a 170 miles, 3.5 hour drive but even the drive there was amazing. The Florida Keys are a coral cay archipelago located off the southern coast of Florida, forming the southernmost portion of the continental United States. Key West is famous as a favourite holiday destination for Americans, so there is always something going on. On our first day, we checked out the beaches, the Fort Zachary Taylor and shot a picture on the southernmost point of continental USA, a point so famous that you have to wait in line until it’s your turn to take the picture. In the evening we checked out the Key West nightlife, but we regretted it in the morning because we booked some tours for the next day and therefore we had to get up very early.
The first tour was a 1.5 hour Jetski tour which brought us 27 miles all around the island of Key West. I’ve never done Jetski riding before and I have to say it was amazing! They speed up to 36 miles per hour (almost 60 km/h), the salty water is clashing in your face all the time and the sun is merciless burning down on you, but it still was one of the most fun things I’ve ever done so far.
For the second tour, Victor and me split up. He decided to do a 3.5 hour snorkeling tour but I preferred to do parasailing, where you are wearing a parachute and are tied to a boat. You fly 300 feet above the water and you have an incredible view about the keys.
After the four weeks of my internship I have to say that I am really grateful to Deloitte for giving me the opportunity to earn practical experience in an international work environment abroad. I learned a lot about the differences of the US and Germany both in a professional and private manner. I was able to increase my English language skills a lot and this experience here really broadened my understanding how important it is to not only work together with people from different nations, but also to understand their cultural background to be aware of how to interact with them.
If you have any questions regarding international internships, Deloitte in general, South Florida or something else, feel free to shoot me an E-Mail via Linkedin or Xing and thank you very much for following my blog!
Patrick, Miami, July 29, 2016
Carina Jäger, Karlsruhe Institute of Technology
Carina, 23 years old, completed an internship abroad in Boston. She studies Business Mathematics in her second Master semester and will join our US Advisory team during her four-week-stay.
Arriving in the US
On July 2, I finally boarded the plane to Boston. A prearranged limo, one of the hugest cars I have ever seen in my life, picked me up at the airport and brought me to my apartment in downtown Boston. I’m sharing this with a Turkish intern, Sinem, and each of us has her own bedroom and bathroom. Furthermore, we have a huge open kitchen and living room area. It’s pretty cool that I am living in this flatshare because I knew someone in the city from the very start. After she arrived in the apartment, we connected right away, talked until we almost fell asleep on the sofas in the living room and drew lots to figure out who is going to get which room. Because of the jetlag I woke up pretty early – around 5 in the morning – and Sinem and I decided to grab some breakfast at Dunkin’ Donuts in order to take it to the sea, which is a short walk away from our home. After some food and grocery shopping we started the sightseeing tour of Boston. On our first day we walked from downtown Boston via Newbury Street – it’s the Kö of Boston – to Cambridge where the MIT and Harvard are located. In one of the student bars at Harvard Square – Charlie’s Kitchen – we had our very first Lobster Roll, a specialty of Boston, and Samuel Adams beer. One has to know that Samuel Adams wasn’t only one of the Founding Fathers, but also a brewer. That’s the reason why the Boston Beer Company created the Samuel Adams Boston Lager which became a popular brand. However, I have to admit that German beer is tastier because this one is very waterish.
Our second day in Boston was the 4th of July – Independence Day – and thus a bank holiday. So we decided to explore the roots of the American Revolution. This can’t be better done as walking the Freedom Trail which is a 2.5 miles walk through the city to its historic sights. So we started at the Massachusetts State House next to Boston Common – a huge public park – and continued our walk to the Old State House where the Declaration of Independence was read from the balcony. The Freedom Trial took us as well to Faneuil Hall and Quincy Market where you can buy souvenirs and lots of delicious food like Mac’n Cheese, Lobster and Pretzels (not only the plain ones, but also with cheese or cinnamon and sugar). The next stop was the USS Constitution which is the oldest commissioned warship of the world. You can enter the ship and the museum for free. I would definitely recommend the museum because it makes the history of the ship alive. The Freedom Trail ends at Bunker Hill Monument which is a huge – 67m tall – granite obelisk. You can also enter it and go to the top, but because of the heat it was closed. So this is still on my bucket list and I need to go there again.
Another fun fact to tell: We quickly realized that all Americans go crazy because of Independence Day. They were not only wearing clothes with the flag or colors on it, but also saying happy 4th to each other as a greeting so that you got the feeling of a huge birthday party taking place. Bostonians celebrate this day with many events and a concert performed by the Boston Pops at the Charles River. The day ended with spectacular fireworks at the Charles River Esplanade. It was an amazing evening and a great start of getting to know the city.
Tomorrow I’ll give you insights in my work at Deloitte. See ya!
Carina, Boston, July 25, 2016
Welcome to the Deloitte Office in Boston
The Deloitte office is at 200 Berkeley Street in Back Bay. It takes me an half an hour walk to get there and I’m always grabbing breakfast on my way to work (I usually take an iced coffee and a blueberry oatmeal). In this building the company owns several floors and especially the top one, the 26th, is worth paying a visit because you have a great view of Boston.
On my first working day the recruiters welcomed me and the other global interns. We are three in total at the Boston office: Sinem from Turkey, Pedro from Brazil and me. After this introduction, Sinem’s buddy Nicole showed us the office: there are lots of open space working areas, conference rooms and kitchens with coffee machines and sweets towers (Jelly Bellys, M&Ms, nuts).
I’m an advisory intern in Tech Risk. In Tech Risk Advisory you’re helping the audit team taking care of controls. But what are my tasks as an intern here? First, I’m always working from 9 to 5. Secondly, I’m assigned to a client which is operating globally and has its headquarters in Rhodes Island so that I spent two days at the client’s site as well. Thirdly, I am involved in the assessment, analysis and improvement of accounting control processes. This means that my team wants to reduce the internal controls of the client in terms of treasury, procurement to pay and order to cash. My team does not only consists of advisors, but also of auditors. Thus you can notice that advisory supports other entities of the company providing advice.
So what have I done so far? I analyzed the client’s information technology controls and inspected them for improvement opportunities. Furthermore, I did a segregation of duty (SOD) analysis and compared the SOD’s of the client to the ones SAP recommends. Then I contrasted the old controls to the recommended key controls showing that the number of controls can be reduced.
My colleagues are great because they integrated me from the first minute I joined the team: they are always taking me to lunch, giving me recommendations what to do in Boston and helping me with every issue I have. Moreover, I have a counselor and a buddy who take care of me. The counselor is on senior management level acting as a mentor. She helps me especially with how to get the most out of my experience and evaluating it, like setting goals for my internships and checking if I achieved them.
That’s all for now. Tomorrow I’ll talk about the wicked (Bostonians love this word) awesome intern events at Deloitte.
So stay tuned!
Carina, Boston, July 26, 2016
Intern Events at Deloitte
The recruiting team organizes intern events which take place every second week. Thus I had the chance to attend two of them during my stay and to get to know the American interns as well. That’s pretty cool because you always find one to have lunch with or a coffee break. As Americans use lots of social media, they invited me to their GroupMe so that I always know what they are up to after work. Moreover, they use the app snapchat a lot and I got kind of addicted to it as well. I think the app is wicked awesome in order to share snapshots of your life with your friends, especially my ones at home can see what I’m up to here across the pond.
Two weeks ago I participated in the Scavenger Hunt. After having lunch with the other interns at the office, we were divided into groups. By chance, Sinem and I were in the same group with five other interns. We received a list and had to find spots in the city which were described in one sentence. We had to take a group picture at every spot in order to prove that we discovered the right one.
Thus we sat for instance on the ducks located in Boston Common. This Make Way for Duckling sculpture is based on Robert McCloskey's children's book about the duck family taking up residence in Boston's public garden. Then we went to the natural boundary between Cambridge and Downtown Boston – it’s, of course, Charles River – and headed after that to the Public Library. The day ended with a beer after work (yes, it was definitely work walking around the city with an outside temperature of 95 degrees Fahrenheit).
In the evening I went to the Cheesecake Factory with the international interns. As the name indicates, it’s famous for its cheesecake. You can choose between more than 30 variants of cheesecakes and I loved the Chocolate Tuxedo Cream Cheesecake the most. Because of National Cheesecake Day next weekend I’ll pay this restaurant another visit in order to try out another cheesecake. By the way, the burgers and the shepherd’s pie are wicked awesome there too, although I would recommend for delicious burgers the Boston Burger Company or The Met Back Bay.
Red Sox Game
For another intern event we went to watch a Red Sox Game in Fenway Park. As I didn’t know much about the rules in baseball, I watched a YouTube tutorial to get an idea about the game. Moreover, I bought a Red Sox cap to dress up properly for the event. Although the Sox lost against the Detroit Tigers, it was great to experience the atmosphere in the stadium. I cheered and sang along with the fans. One of their songs is Sweet Caroline and if you start singing it (even in the streets), someone joins in with you. I can definitely tell that good times never seemed so good.
Tomorrow I’ll talk about my experience at DU (Deloitte University) and update you about my work because I’m working with Deloitte Hong Kong at the moment due to the globally operating client I’m assigned to.
Carina, Boston, July 27, 2016
Deloitte University (DU)
Deloitte provides not only for employees, but also for interns learning and training opportunities. I had the chance to spend two days at Deloitte University in Westlake, Texas, for the Advisory Intern Conference. 417 advisory interns from all offices in the US participated in this conference. I met not only Moritz and several Brazilian global interns, but also lots of American ones and we still keep in touch which is great. If I need some help e.g. concerning cyber risk, I would know that I can ask George in LA for advice. Thus it is very important to establish your network.
If someone asks me about my experience at DU, my first answer is how amazing the food and the building is. However, I did not only gain some kilos there, but also accomplished soft skill training and built up my professional network.
On the first day, we did a very quick simulation of design thinking. Divided into groups, we had to refine quickly an already developed idea concerning how to get young girls interested in science and technology.
On the second day, the focus lied on the interaction with other people (= relationship chemistry). As pre-work I had to undertake a Business Chemistry test. Business Chemistry focuses on observable, business-relevant characteristics and their implications within a business setting.
There are four dominant patterns of human behavior, each with a constellation of traits that are statistically correlated with one another. They are called the Driver, the Pioneer, the Integrator and the Guardian. Everyone carries all four of these patterns but one or two define our character. In particular, I tend to be optimistic, punctual, quantitative, and restless. Thus I’m mainly a driver and pioneer indicating that I prefer results, being on time, thinking logical and outside the box.
As e.g. driver and integrator are contrary patterns, I learnt not only how to identify the characteristics of a person, but also how to interact with each other because my strengths may be the other ones weaknesses. We did lots of team work during this day. It was amazing to see how individuals developed to a team because at first, you didn’t know each other and after half an hour, you were a team. It was an amazing experience.
During this conference I met partners and senior managers as well who were always very interested about my opinion of the Brexit. All in all, DU was a great opportunity to develop my personal skills and my network within Deloitte.
As I mentioned yesterday, I support the Hong Kong office at the moment. My client operates globally so that not only Deloitte US is involved, but also Deloitte UK and Hong Kong. For the Hong Kong office, I had to create process flowcharts about the client’s internal controls in terms of the following process cycles: treasury, order to cash and procurement to pay. It’s really interesting to see that the processes of the client in Hong Kong vary from the ones in the US. I did the flowcharts for the same process cycles for both offices and I thought at first that the internal processes of the client will be the same everywhere. But apparently they differ from country to country.
So what kind of tools did I use to create the charts? First, I received the narratives about the business cycle process. Secondly, I had to understand it and then I visualized the process into flowcharts where I distinguished between the involved business lines. I really liked this work because I learned a lot about the underlying internal processes of the company. Furthermore, it’s wicked awesome to work internationally which I appreciate very much.
My last post will be about my trip to New York and becoming a Bostonian. See ya!
Carina, Boston, July 28, 2016
Last weekend I went to New York to visit Moritz and some of the Brazilian interns I met at DU. After my arrival on Friday, I headed to Rockefeller Center where Deloitte’s office is located. I met the other interns there and needed to finish one of my tasks for Hong Kong. After showing me their amazing office, we went out for dinner in Chinatown.
During the weekend, I visited all the touristic places because I’ve never been to NYC (also called THE city) before: Times Square, Broadway, Brooklyn Bridge, Wall Street, One World Trade Center, Highline Park, Grand Central and, of course, having a picnic in Central Park.
Moreover, I went with Moritz to another baseball game at the Yankee Stadium. It was a great experience because in comparison to the one in Fenway Park, the moderator always animated the audience to clap and make noise. Moreover, every batter had his own song which was always played before he batted in an inning for the first time. I even took a Yankee souvenir cup home because they serve soda in those ones. New York is huge in comparison to Boston and especially because of the skyscrapers you feel really tiny.
Becoming a Bostonian
As I already mentioned, I got used to living here. I do breakfast in the American way, like grabbing a blueberry oatmeal/bagel/muffin/… and a coffee which I’ll eat at the office. For lunch, I either go to one of the food trucks or to Sweetgreen (one of the healthier choices here). I really like their Kale Caesar Salad, but as a Bostonian you have to take at least once the Patriot salad. For dinner, I often go to Quincy Market which is close to my apartment. I take a lobster roll, sandwich or a lobster salad and sit next to the sea watching the sunset.
At the weekends, I try to find the spots where Bostonians go to. It’s easy to identify these ones because there’s always a queue – pardon, in American English of course line – in front of the store. But I don’t mind waiting for around half an hour because the served food is very good.
So here are my recommendations for breakfasts: For pancakes, sandwiches and omelets try out The Paramount in Beacon Hill. For wicked awesome bagels, you have to go to Bagelsaurus, which is located in Cambridge. Thanks to Anna from Deloitte Germany for this advice! In downtown Boston I would recommend Bruegger‘s Bagels.
As I don’t want to go to Starbucks for all my coffees, I tried several other coffee places in the city. One of my favorites is definitely the Thinking Cup where they not only serve great coffee, but also the Boston Cream Tarte, a local specialty. Thanks to Luke’s recommendation I’m paying this place every day a visit now. If you like cupcakes, the Georgetown Cupcake store is a must.
Boston is perfect for shopping as well because there’s such a great range of shops either in Newbury Street and Washington Street or in one of the shopping malls like Prudential Center. However, Sinem and I went to the outlet center in Wrentham on one day. The brand clothes are very cheap there so that I made some very good deals and I’m happy that I have two suitcases with me where hopefully everything fits in.
I can now say, after living here for almost four weeks, that it feels like home. My stay has been such a great experience: I got to know the American culture, had so much fun with the other interns and learned a lot about the working life in the US. So I’m really sad that today is already my last day. Time went by so quickly, but I’ll definitely come back to visit my friends and hopefully I’ll be working here one day.
This is my last blog post as well and I hoped you liked the insights I gave you. However, if you have any questions regarding international internships or my time in Boston, please feel free to reach out to me via LinkedIn or Xing.
To put it in a nutshell: Keep calm and Boston on.
Carina, Boston, July 29, 2016
Fabian Schütte, University of Mannheim
Fabian, 22 years old, completed an internship abroad in Hong Kong. He studies Business Administration in his sixth semester and will support our Asian Pacific Consulting team during his four-week-stay.
Nǐ hǎo from Hong Kong!
I cannot believe I am already halfway through my internship with Deloitte Asia Pacific in Hong Kong. Time has flown by so fast! Pretty much exactly two weeks ago, after an introductory kick-off event with Deloitte in Düsseldorf, I boarded the plane to Hong Kong on Saturday morning, ready to start my journey across the globe. This is the first time I have ever travelled to Asia, and from what I have seen of Hong Kong so far, I can certainly tell that it is an amazing place.
Keen to escape the rather dismal temperatures in Germany this summer, I was looking forward to better prospects in Hong Kong, and this city surely kept its promise: Averaging 32 degrees, although intensely humid, and set in a beautiful and picturesque harbour scenery, Hong Kong truly deserves to be known as the 'Gateway to Asia'. When I arrived two weeks ago on Sunday, I took a morning stroll along Victoria Harbour to catch a glimpse of the skyscraper-ridden urban coastline of Hong Kong Island – this rewarding view was probably the best way to beat the jet lag! I reckon Hong Kong is one of those few places in the world where you can best observe the true meaning of East meets West. The entire island is a dazzlingly global metropolis, boasting with a variety of different cultures and cuisines, small traditional Chinese corner shops and soaring business towers that are home to most of the big international players in finance and professional services. From day one on, I knew that this would become an experience of a lifetime.
Luckily, I have a friend from university who now lives in Hong Kong and who was more than eager to show me around on my first night in town. After a short afternoon catch-up over coffee and tea, she gave me a great little tour around the neighbourhood that I live in: Wan Chai. Wan Chai is a very hip and vibrant district in the east of Hong Kong Island, hosting a myriad of cafés, bars, restaurants and shopping venues. It is probably the most Chinese area that I have seen so far, and I love it! At night, my friend insisted that we have authentic Cantonese Chinese food, and so we went to one of the many dim sum places in town. Dim sum does not have an official literal translation to English, but most Cantonese people would agree on the somewhat corny meaning "touch my heart". And in fact, I must admit, dim sum did touch my heart! It is probably the best food I have had in Hong Kong so far. Dim sum is perhaps comparable to a Cantonese version of tapas, as you order different small dishes such as dumplings, seafood, fried rice, BBQ pork bun rolls or veggies to share with friends. I would highly recommend trying it out to anyone who ever visits Hong Kong!
After dinner, we went back to the central piers to catch the Star Ferry which takes you across Victoria Harbour from Hong Kong Island to Kowloon. Most guide books tout the ferry ride as Hong Kong’s top tourist attraction, in spite of the fact that the ride hardly takes more than 10 minutes. Once you reach the other side though, the view of the illuminated Central Hong Kong skyline is priceless.
For the time being, this should be it for my first impressions of this great place. Tomorrow I will give you more insights into my work at Deloitte, my team and life as an intern in Hong Kong.
Take care and zài jiàn!
Fabian, Hong Kong, July 18, 2016
Welcome to Deloitte Asia Pacific!
Hello again! I hope you enjoyed reading my first blog post yesterday and got a vague idea of my impressions of Hong Kong so far. Apart from all the exciting cultural immersion aspects, however, I am first and foremost here in Hong Kong to work as an intern at the local Deloitte Asia Pacific Regional Office. This second post today shall therefore mainly be dedicated to provide you with further insights into my everyday life at work in China.
After my arrival two weeks ago, and a rather sleepless, nerve-racking night owing to the jet lag, my first day at work was Monday, July 4th. Albeit I knew that my fellow German interns in the US would probably all be out on the streets celebrating Independence Day, I was more than stoked to start off my internship with Deloitte Hong Kong at 9 o'clock sharp at the reception of my fancy hotel-like serviced apartments building in the heart of Wan Chai. Before my arrival to Hong Kong, I had been in touch with Carmen, who is the local HR coordinator, and thus I knew that there would be another three American interns on my team and that we would all be accommodated at the same place for the duration of the internship. As we had not met before, this get-together at the hotel reception was an exciting opportunity to get to know each other informally before actually heading over to the office. The three of them – Ashley, Eva and Clint – are from the New York and Chicago offices, and it is also their first time in Hong Kong, which gives us all a good chance to explore this amazing place together. Carmen picked us up at the accommodation on our first day to show us around the incredibly modern urban canyons of Central Hong Kong and help us find our way through Queen's Road's feisty hustle and bustle. Just a stone’s throw away, the Deloitte office in Hong Kong is located in Pacific Place, a heady business complex and mall studded with a great deal of exclusive high-end fashion boutiques and fine-dining venues alike.
The four of us were given a very warm welcome by the local staff, since most of the team had already heard of the four ‘overseas interns’ that would join the office for the summer. As my professional interests mainly revolve around management consulting issues, I was lucky to become part of the Strategic Projects team here in Hong Kong. For clarification, the Deloitte Asia Pacific Regional Office is the central strategic and administrative coordination hub for the entire Asia Pacific region, encompassing a vast number of countries, ranging from – amongst others – China, India and Japan, to Singapore, Australia and New Zealand. My team is also stunningly international in terms of cultural and educational backgrounds, and this clearly adds to the unique and certainly unforgettable work experience that I am gaining every day anew. For instance, we are currently working towards a comprehensive leadership conference in Seoul, which aims to set out new strategic objectives and roadmaps for the region. From this project assignment alone I can draw various insights into the Hong Kong working culture and the great network of Deloitte member firms in Asia Pacific. My buddy Winnie and my counselor Ton are always there to help in case of questions, not only regarding work-related issues, but also concerning insiders’ tips on how to best explore every nook and cranny of this city. Thanks for that!
To top off our first day at work, the four of us treated ourselves to take a staggering gander at downtown Hong Kong from way up high. Standing at 552m, Victoria Peak is the highest point on Hong Kong Island and rewards those courageous enough to take on a thrill-ride on the gravity-defying, almost vertically-rising Peak Tram with spectacular views over Hong Kong in all its glory. Gazing down on the slowly illuminating city centre, set against the backdrop of a dusky sky, has clearly been one of my highlight moments in Hong Kong so far.
With this charming picture in mind, we should probably leave it at this for today. Tomorrow I will introduce you to some gems and rather juicy acquaintances that I have made with the Hong Kong cuisine and nightlife so far. Stay tuned!
Fabian, Hong Kong, July 19, 2016
Hong Kong à la carte
Hi again! Welcome to my third blog post this week and another exciting episode of new memories made during my internship in the wonderful city of Hong Kong. Yesterday, I sought to provide you with a deeper insight into my life at work in my blog post. Today, I will appeal to your senses by taking you on a journey through Hong Kong's culinary richness and quaint nightlife.
There's a reason Hong Kong is renowned as one of the great gourmet paradises on earth; indeed, it offers a paramount exotic fusion of Eastern and Western food delicacies, rich flavours, and a multitude of innovative culinary creations that never really lose sight of the typically local Cantonese characteristics. Apparently, the Cantonese cuisine is China's most prominent and dominant regional cuisine, abundant in high-quality seafood and boasting an obsession with freshness, thanks to Hong Kong's favourable coastal location. Although you are certainly spoilt for choice when it comes to haute cuisine dining in Hong Kong, it is not at all difficult to eat well and yet cheaply, as there are both good Chinese and familiar international options aplenty. As already mentioned in my first blog post on Monday, my favourite Cantonese food has definitely become dim sum, the titbit morsels that are steamed in the typical bamboo baskets and meant to be shared with friends. Another very local dish I discovered here is congee, which is a sort of rice porridge or gruel that can be topped up with additional ingredients such as fish or pork floss. However, the Hong Kong locals seem to love international food as much as they love their own, and thus finding global eateries for Japanese ramen (noodle soup dish usually served with meat), Thai curries or Mexican burritos is a piece of cake for anyone who is willing to get lost in the many narrow streets that are home to more than 25,000 restaurants and bars.
For the braver amongst you, less inclined to nausea caused by strange smells and views, and those eager to get a proper taste of traditional Chinese food markets, I would highly recommend visiting one of Wan Chai's markets. Buzzing with local vibes, the many meat, seafood and vegetable stalls alongside bakeries and spice shops are only a small part of these markets' offerings, and they clearly prove true all the stereotypes that you may have of a 'typical Chinese street market experience'.
I was lucky enough to celebrate my 23rd birthday in Hong Kong last week. On this occasion, the four of us interns, my friend from university and her friends all hit up Hong Kong's party epicentre Lan Kwai Fong (LKF) to spend an unforgettable night out in the city's most internationally renowned nightlife district. Now, there is one thing that I am very sure of: People in Hong Kong surely know how to party! The crowds roaming the streets in buoyant LKF are usually fairly young and cosmopolitan, and the streets are full of revellers – expats and locals alike. Questionable as well as highly adventurous drink and cocktail creations certainly add to LKF's far-reaching reputation. In conclusion, though, this was probably one of the best birthday parties I have had in my life so far!
Still smiling when reminiscing and writing about all these fantastic memories that I have made in only two and a half weeks, I feel like this should be it for blog post #3. Tomorrow, I will invite you to join me for an exciting sightseeing spree around the hot spots and main attractions of Hong Kong and its surrounding islands.
Until then, bǎozhòng!
Fabian, Hong Kong, July 20, 2016
Time for some sightseeing!
Hey there! Glad to see you are reading my fourth blog post from Hong Kong today. As mentioned in my post yesterday, I will be your personal tour guide of beautiful Hong Kong today and take you on a sightseeing spree around some of the most important attractions that are popular among tourists and locals alike. Enjoy, it certainly is a feast for the eye!
Apart from our daily routines and work at the office, the four of us interns surely intend to make the most of our stay and dedicate our evenings and weekends to leisure outdoor activities exploring the city and its surroundings. From all that I have seen thus far, I can tell you one thing: Hong Kong has much more to offer than just a futuristic coastline façade! Be it the smoky temples, the breath-taking views from up high, balmy beaches, pretty parks or scenic hiking trails – there are options aplenty.
You will surely find the best vantage points to get the most iconic and postcard-perfect views of Hong Kong from the docklands of Tsim Sha Tsui (TST), taking the Star Ferry from Hong Kong Island across the harbour basin to Kowloon. As mentioned earlier this week, the views of the ultra-modern skyline are simply smashing. The shimmering waters at noon just fit perfectly into the gleaming skyscraper scenery at the foot of towering Victoria Peak.
Nevertheless, to delve more deeply into the Asian culture and traditions, we spent our first weekend out and about exploring the treasures of Lantau Island. This leafy island is home to one very special attraction of Hong Kong: Tian Tan Buddha, also known as 'Big Buddha'. Big Buddha is the largest seated outdoor bronze Buddha of the world. More than 500m above sea level, Tian Tan Buddha occupies a first-class spot, overseeing Ngong Ping Plateau with its beautiful traditional Buddhist monastery and a rather cheesy, fairly touristy mountain village. Unfortunately, when we visited the island, the cable car that features glassed-in gondolas and links Ngong Ping with Tung Chung Station downhill was under ongoing maintenance. Then again, however, there is nothing quite like a bumpy bus ride on the windy serpentine roads of Lantau Island. Hence, bottom line for Big Buddha and Lantau Island: Must-see!
If you are looking for more typically Asian tourist escapes, I would probably recommend you go visit Nan Lian Garden at Diamond Hill in Kowloon. This neat Chinese garden boasts meticulous pedantry and a love for flowery details. My personal highlight definitely was the classic 'Pavilion of Absolute Perfection' in the centre of Nan Lian Garden.
Now, what to do when night time falls and you are not really down for drinks in LKF or Soho? I have yet another ace up my sleeve: Temple Street Night Market! Every night, a squillion small stalls sell a hodgepodge of jumble, ranging from best-fake designer clothes, bags and regional food delicacies, to a myriad of booty such as Chinese chopstick sets or Nepalese daggers. The lively chitchat surrounding the stalls, like "This is best quality, I make good price for you, my friend", certainly brings up memories in everyone who has ever visited a Turkish bazaar. Also, a flock of fortune tellers in tents will make sure you are well aware of your future life. Some of them may even use little birds that pick out so-called 'fortune cards' for you to make predictions! After all, Temple Street surely is a great place of entertainment with its bustling atmosphere and buzzing vibes – sad thing I only discovered it last week!
There is probably much more to see than I could tell and recommend to you at this point, but I am afraid I am running out of space! I hope that you got a good idea from the aforementioned of what other cool things there are to see in Hong Kong apart from the skyline and the peak. Tomorrow, I will top off the week and invite you to join me on a ferry ride to nearby Macau, one of the other two Chinese Special Administrative Regions just about 50 minutes off the Hong Kong coast and for a good reason known as the Las Vegas of Asia. SO much fun.
Cheers, talk to you later!
Fabian, Hong Kong, July 21, 2016
Incredible, but it feels like my time here in Hong Kong is coming to a close much sooner than I was expecting. Four weeks have gone by in a flash, and this is the last time that I will keep you posted on my experiences gained from this unique internship abroad. Today, I will take you down to the central piers in the harbour, from where we can embark one of the many ferries westbound towards little Portugal in Asia. Off to Macau!
Last weekend, we took the chance to make our way out to nearby Macau. Just like Hong Kong, Macau is one of China's Special Administrative Regions, which means that the cities have their own legal systems and somewhat preserve autonomy, despite falling under Chinese sovereignty. "One country, two systems" is the general principle that people in both Hong Kong and Macau abide by. Macau is about 50 minutes off the Hong Kong coast by speed ferry and thus perfectly apt for a short weekend escape. All the way up until 1999, Macau used to be a Portuguese enclave in Asia, and it was the last European colony in Asia to be handed back to its rightful sovereign country. Truth be told, before coming to Hong Kong, I had barely heard about Macau at all, although I do remember the heinous scenes from James Bond's 'Skyfall' that are set at the dragon-shaped, red and yellow, floating casino.
For a good reason, Macau is commonly referred to as the Vegas of the East. The city's core is made up of a striking 33 casinos that boast Asian glitz and glamour, and the Macanese peninsula surely is China's mecca when it comes to gambling and juicy nightlife experiences. Yet, as we only arrived in Macau late in the afternoon, we decided to head straight to dinner before trying out one of the many casinos. Once again, I have to dwell on the food section for another moment, as the Macanese cuisine is a fantastic blend of cultures. Everyone who has ever had a taste of culinary Portugal knows that it is particularly abundant in excellent seafood. Now, imagine you take this and combine it with the amazing Cantonese delights that I have told you about earlier on this week: Believe me, it is a feast! We had dinner at a small and cosy Portuguese restaurant called 'O Santos' in feisty Taipa Village. The owner of this place is a lovely old man, proud of the Portuguese heritage and culture that he overtly keeps alive in his little tavern. Apparently, Mick Jagger even dined here upon one of his visits to Macau!
After dinner, it was finally time for some gallivanting and gambling around town, and in Macau, there is only one thing you need to remember: big, bigger, The Venetian! The Venetian is not only the biggest casino in Macau, but in the entire world. Plus, it is the largest single structure hotel building in all of Asia. I have never in all my life been to a place this huge! Apart from its 3,000 luxurious hotel rooms, bars and restaurants, the Venetian offers a truly Italian treasure hidden inside: A faux Venice scenery featuring the typical ebony gondolas, real water canals, passionately singing gondoliers, and familiar, tempting smells that are well known from Italy's most iconic holiday destination. I think we strolled along the replica of 'Canale Grande' for more than half an hour before we actually reached 'Piazza San Marco' and entered the first casino complex (believe it or not, this all happened within one single building!). By the way, gambling in China can indeed be taken literally, as people here seem to go to Macau for the sheer sake of gambling, and less so for the entertainment value that most people would probably cherish most about Las Vegas. After a few hours of good fun, we took one of the night ferries back to Hong Kong whilst sneaking a last peek at Macau's brightly illuminated skyline.
Now today, I have started my final week at Deloitte Hong Kong and I still cannot believe that I will be going back to Germany again so soon already. Although I am really looking forward to my bachelor graduation ceremony in Mannheim next Friday, I am going back home with mixed feelings. This journey to Hong Kong has certainly been an amazing and unforgettable one, rich in terms of new insights and valuable experiences for a potential professional career abroad.
Thanks for joining me on this wonderful adventure by eagerly reading my blog posts. If ever you should have any questions, be it concerning my time in Hong Kong in particular, or internships abroad in general, please do not hesitate to contact me via Linkedin or Xing.
Looking forward to hearing from you soon.
Fabian, Hong Kong, July 22, 2016
Linda Ohling, Johannes Gutenberg-University Mainz
Linda, 25 years old, completed an internship abroad in Dallas, Texas. She studies Management in Mainz in her fourth semester and will join our US Tax team during her four-week-stay.
Arriving in Dallas
On Friday the 1st of July, we had a great kick-off event in Düsseldorf to prepare for our big adventure. I had the opportunity to meet the other four international interns and share important information. The day ended with a dinner and one or two cocktails.
I had some trouble checking in at the airport in Düsseldorf the next morning, because the lady at the counter was not aware of the J-1 visa conditions. I had to speed over to the gate to catch my flight. Fortunately, I made it in time and landed safely in Dallas on Saturday evening. A private chauffeur picked me up with a really big American car to bring me to the apartment and I felt like a VIP. My first thought when I entered my new home for the next four weeks was: I will never leave again voluntarily. It was designed like a typical American apartment with an open kitchen and bedrooms connecting to a bathroom and a dressing room. Just in the one building alone, there was a gaming room, a fitness center, and a pool area. What else could I need?!
My roommate, Marina, is from São Paulo, Brazil. Deloitte really made a good match here. We have many similar interests and we will definitely spend our evenings and weekends together. We have already made great plans for the upcoming four weeks.
Let the Adventure begin…
I woke up in my king-size bed on Sunday morning after falling asleep very early on Saturday evening. We were excited about what lied ahead of us, but first we needed some groceries to fill up our fridge. The supermarkets here are huge and you can buy everything in every size (food, clothes, and pharmaceuticals). After an American breakfast, we took a sight-seeing tour through Uptown and Downtown by a train called „Trolley” (which is for free). We live in uptown at the West Village, which is a very good neighborhood. There are bars, restaurants, shops and a DART-station (which includes Metro and Bus) within walking-distance. The Chase Tower that hosts the Deloitte office, is located in Downtown and is one of the tallest skyscrapers in the Dallas skyline. The view from the 50th floor is just amazing (as you can see on the photo on the right side). The city of Dallas is bordered by a lot of suburbs with really American looking streets. The neighborhood we passed had small houses with similar characteristics like equal sized front yards, big cars parked in front of the entrance, and of course, an American flag.
On Monday, it was the 4th of July, so we went to Fair Park to celebrate Independence Day. It’s a big park including a fun fair, a lake, and some museums. We had food and some bud light (uh American beer is NOT recommendable) from one of the several food trucks around. We enjoyed the fireworks show from the highest bench of the Cotton Bowl football stadium. When the lights turned off, everybody activated their glowing sticks and the fireworks (accompanied by music) began and they seemed to be right above our heads.
My first impression of America so far: BIGGER is better! Furniture, Cars, Supermarkets, Food…
My next post tomorrow will be about Deloitte and the working habits in the US!
Linda, Dallas, July 11, 2016
Deloitte in Dallas
Today I want to share some insights as an Intern at Deloitte in Dallas.
As I have already mentioned, Deloitte is located in the heart of downtown on the 11th – 16th floor in the Chase Tower. Fun fact: there is no 13th floor because it’s an unlucky number. The work space is an open-space office with some private rooms like the ones in American TV series. The 12th floor just got remodeled and serves as a showroom for future working areas. It has lounges to sit down, coffee machines that serve Starbucks coffee (in what ever flavor you like) and snack-dispensers. Really dangerous!
Tax is the smallest function on this site with ~ 250 employees. The total number of staff-members is around 2000 people. The service line that I am in is called ”BTS core” which means Business Tax Services. There are several subgroups in BTS (Private Wealth, National Federal Tax Services and Tax Management Consulting) and five other big service lines (Global Employer Services, International Tax, M&A, Multistate Tax Services and Transfer Pricing). BTS consults big companies and supports the audit team in tax matters. I am excited to be working on two well-known firm engagements. On my first day, I was warmly welcomed and my buddy Kenzi invited me to go out for lunch. Normally, everybody brings something for lunch and they eat together in the kitchen area.
What I have been up to is getting trained on Excel, some US-software and understanding the US tax-system. Interesting fact is that they have a three-staged system (at least in most states): federal tax, state tax and community tax. Furthermore, the federal rates come from a system of graduated marginal tax rates in contrast to our fixed corporate tax rate in Germany. All in all, the US has the third highest general top marginal tax rate in the world with 39,1% (35% federal tax in combination with state rate). Only Chad and United Arab Emirates are higher. To prepare tax returns, they mostly work with Excel and then import those numbers to a software called “Corptax“. The number of different forms and attachments used is just crazy and I don’t want to go into too much detail here.
Another really cool thing is that ESPN is on all the time in the kitchen lounge so you can keep up with your favorite team because it is a big deal here. That’s how I could follow up on the highlights of the German soccer game last Thursday. Some of my colleagues cheered with me since they like the German team, especially Sebastian Schweinsteiger.
Another lesson learned so far is that the teams work a significant amount during busy season which is January to April and September/ October. Throughout most of the week, some staff members work at client site, but on Friday they come into the office. They have flextime, which means that you can schedule your working hours in a way that fits you best. Working from home is also possible. As one can see, there are a lot of similarities between working at Deloitte in US and in Germany.
Dallas morning news: Shootings in Downtown
Unfortunately, upon our first week in Dallas, there was a tragic incident where five police officers were shot during a peaceful protest. Following this tragedy, Obama visited Dallas today in a conference center close to our office. The presence of policemen, security guards and broadcasting stations was huge. There were even snipers on the roof of the conference center that we could see from the windows of our office. During lunch break, I walked by that place and watched the speeches on a big screen they had put up for the public. I talked to a lady from a German TV station to get some more information and in return I had to give a statement on the situation from my point of view. I don't think being a reporter is for me since I was really nervous speaking in a microphone.
I will update you guys tomorrow on some activities we did so far around Dallas :)
Linda, Dallas, July 12, 2016
Time for some sightseeing…
Although we are busy working on the weekdays, we have some leisure time on the weekends and in the evenings to explore Dallas.
On Monday the 4th of July, which was a national holiday, we went to White Rock Lake. After a 30 minutes bus ride, the environment around us gradually became greener and when we arrived we decided to visit the botanical garden. It was nice to stroll through the differently themed gardens and to have a picnic in the shade. Some of the things that can be seen include the Chinese garden, palm trees, a rose garden and much more. This trip was a nice contrast to being around a busy city all week.
On Saturday the 9th of July, we spent the morning chilling at our pool area. After too much rain in Germany during June, I really enjoy the sunshine and hot temperatures in Texas, which are around 38°C (≈100 degrees Fahrenheit) at the moment. Most of my colleagues think I am crazy since they prefer air-conditioned-activities and would rather save going outside for the evening.
In the afternoon, we went shopping in the North Park center, which is the biggest mall around Dallas. They have EVERY store one could image. The range is from student budget to luxury brands like Gucci & Prada. Of course there is also a huge food court. For next week, we are planning to go shopping at a very famous outlet called “Allen Outlets” where we might get some good deals.
… and Texan Food!
On Wednesday night last week, Marina’s buddy Lydia took us out for dinner at “the Rustic”. It’s a typical Tex-Mex style restaurant just across the street from our apartment. She picked us up with her SUV even though walking might have been quicker. So, the prejudice that Americans love their cars and use them all the time proves to be true. We had quesadillas, tacos and cocktails. While we ate and chatted, a singer with a guitar played country music on a stage outside. The atmosphere was great and we will definitely go again on another night. Lydia, who is the sweetest person ever, also gave us a lot of insights into the working life at Deloitte and she was very enthusiastic when talking about Deloitte University. This made me more hyped about my training at DU which is scheduled for 20th – 23th of July.
Yesterday, as I was just about to finish some work papers, a colleague invited me to join for a drink after work. We went to the “Happiest Hour“, which is a fancy bar in downtown. We had cocktails and I learned that Dallas is famous for Margaritas. I found out more about the team structure in the Tax Department and I also got to know some people from Deloitte whom I have not met before.
Some more information on fun things to do in Dallas will be posted tomorrow! See you!
Linda, Dallas, July 13, 2016
Fun Activities Part 2
On Sunday the 10th of July, we got up early to catch an UBER to go to „Six Flags over Dallas”, which is a huge amusement park. Are you wondering what UBER is? It’s like a cab but way cheaper. You can call a driver through an app and track his location on a map to figure out your pickup time. Everybody ubers in the US, especially young people.
Arriving at the park, we needed to get a map at first, because the area is huge. The biggest rollercoasters are themed like the superheroes from the Justice League. The Batman ride for example is surrounded by Gotham City, so you feel like you are a part of the movie. The fastest rollercoaster was 85 mph (≈ 140 km/h) and the highest fall was 325 feet (≈ 100m) from one of the tallest drop towers in the world. The newest attraction is a virtual reality ride, where riders wear glasses that make you feel like you are in space while riding. The weather was again really hot, so we enjoyed water attractions like rafting as well. Summarizing the day, we are proud to tell you that we went on all the thrill rides and enjoyed our time very much.
One strange thing happened. When we were sitting in a big swing, a security guard asked if we had a selfie stick. If so, the consequence would be a dismissal from the park. We denied having one even though we just used it two minutes ago. Isn’t it ridiculous that selfie-sticks are not allowed in an amusement park because you might hurt someone, BUT Americans are allowed to carry weapons in their everyday lives?!
Another typical American thing we witnessed is that you can buy a “food pass” for $60 to eat and drink in the park the whole season. Fast food restaurants are all over the place, so there was no way around eating burgers and fries.
Update on my working days
Today I got to join a meeting called “100 meetings in 100 days”. It was held to talk about connecting to the marketplace and enhancing one’s network. Some experienced employees told stories about keeping in touch with clients as well as co-workers and how to gain new clients. The next lecture in this series will take place in two weeks and I have already put it on my calendar because it interested me a lot. Furthermore, the colleague I have shadowed today took me to the client’s site in the afternoon to participate in a big meeting to get information on figures of the recent quarter.
Tomorrow, Marina and I will fly to New York City to visit Moritz and Gabriel, two other international interns. We just cannot wait to get on that plane! If you are interested in reading about our adventures in big apple, the post will probably go online on Monday.
Linda, Dallas, July 14, 2016
New York, New York…
Today, I want to share some of my experiences of my weekend in New York City, one of the most amazing cities in the world.
Upon arriving Friday, we went straight to the Deloitte Office at Rockefeller Center. We met with Gabriel and Moritz, the two other international interns, and enjoyed the stunning view from the 50th floor. When the guys had finished work, we met some of Gabriel’s Brazilian friends and went to the Museum of Modern Art (MoMa), which has free entrance on Fridays. Unfortunately, it was really crowded, so we only got the chance to at the most famous pictures (e.g. the Starry Night, Vincent Van Gogh).
In the evening, we met up with Robert, a college friend of mine from Mannheim. We went to the Meatpacking district, where there are a lot of bars and clubs. It currently seems to be one of the coolest areas in NY to enjoy nightlife.
On Saturday, we started the sight-seeing program at the High Line, which is a garden built upon a closed-down tramway. We ate lunch at the Chelsea Market, a big market hall with thousands of different restaurants and stalls. Everybody picked what they like best. I highly recommend the lobster roll as it is the region’s specialty.
During the afternoon we visited the Brooklyn Bridge in order to enjoy the view of the New York City skyline. When walking the bridge from Brooklyn to Manhattan, one arrives downtown in the Financial District. We stopped at the 9/11 Memorial and I really got a strange feeling here, because of the recent terrorist activity. In the evening, we had cocktails at rooftop garden (If you visit NYC some time, you need to go there: corner 27th street on 5th avenue) to end the day. Thanks again to Anna, who is administrating this blog, for sharing the address!
Today (Sunday), our German-Brazilian-Group started the day with a picnic in Central Park. It is one of my favorite places as the contrast between nature and the huge skyscrapers surrounding it is incredible. Afterwards, I did a free-walking-tour “Graffiti and Street-Art” in a district on the north side of Brooklyn. The guide shared some interesting facts with us and I took some great pictures. The day ended with a tour through Downtown guided by my friend Robert (who is a NY expert by the way), stopping at the piers, the river side and Wall Street. Tomorrow, I will head back to Dallas to take up the third week of the internship.
Linda, Dallas, July 15, 2016
Moritz Greving, Humboldt-University Berlin
Moritz, 26 years old, completed an internship in New York City. He studies mathematics in Berlin in his fourth semester and will support Deloitte US in its Advisory function during his four-week-stay.
Welcome to the US
So this is the start of my four weeks in the United States. Yesterday morning, I got onto my flight to New York out of Düsseldorf arriving here round about 8 hours later. Getting through customs was a lot easier than expected and only took about 15 minutes. Taking the cab from John F. Kennedy airport I arrived at my apartment around 2 pm ET. We (that is my Brazilian flat mate and I) are going live in central Manhattan on the intersection of 8th Avenue and 50th street. Since we got an apartment on the top floor, the view from bed- and living room is not too bad. Thanks to a good internet connection, I got to view the football Euro game Germany vs. Italy via live stream.
My flat mate Gabriel, who is participating in an international internship as well, arrived about three hours after me. He is hailing from Sao Paulo and will spend the next four weeks as an Advisory intern with me. We had a nice little chat and I think we will be getting along very well!
While trying to stay awake in order not to prolong my jetlag I went out to have a walk. Time Square is just a five-minute walk from our apartment and I got to see some of New York’s sights already.
First day at the Big Apple
Having slept a lot, I got up this morning at 7 am with the plan to make the most of my first day here in New York. Since the weather was pretty nice, I decided to take a walk to Guggenheim museum through Central Park. Having been to New York before about six years ago, I remembered this to be a museum I really enjoyed. Taking to 8th Av. just outside our apartment, I reached Central Park via Columbus Circle. With the weather being that good, a lot of other New Yorker’s decided to spend their time outside as well. Walking through Central Park I came across some people playing Baseball. Although I’m really more into Basketball I enjoyed having a break and watching. From what I heard leisure sports are somewhat different over here, not having such big amateur leagues (What you would call a “Verein” in Germany). However there seemed to be a lot of privately organized league events and families enjoying their time out in the sun.
Walking further up central park I stumbled upon a little lake where you can rent out “Laser” model sail boats. Being a big sailing enthusiast this – at least to a certain degree – might cover for the lack of sailing I’m probably going to experience during the next four weeks. Boats are not too expensive to rent as well, so I might be coming back here once in a while.
Finally arriving at the Guggenheim museum I was glad to see that there was not a big cue outside. I was really annoyed remembering that I wanted to get an international student ID before leaving Germany and having forgot about it, but I got in with my German one alright. Currently the Guggenheim is exhibiting works by Moholy-Nagy, a Hungarian artist who also worked with the Bauhaus in Germany for a long time.
After spending nearly two hours walking through the museum I had a walk back to our apartment through Central Park. Amazing to see how big of a green spot in the city center this is, even when compared to the familiar “Tiergarten” in my hometown Berlin. I once again had a break watching some baseball. Might be getting into that sport after all…
I’m now back at my apartment starting to get tired. This might be what’s left of six hours time difference. It’s going to be interesting to see what’s on for Independence day tomorrow. While there apparently is no parade scheduled there definitely are going to be large fireworks in the evening. Going to keep you posted!
Moritz, New York, July 3, 2016
Second day sightseeing
Since today is 4th of July we got to have one more day off before our internship actually starts tomorrow. The weather was really sunny again today, so we decided to take a walk around New York. After having breakfast at the apartment my flat mate and I met with the other two Brazilians that came to New York for an internship abroad. They are living in an apartment on 60th street not far from here and came to pick us up. Taking the subway line C we got off in Brooklyn and walked back to Manhattan Island across the famous Brooklyn Bridge. Walking into lower Manhattan one cannot overlook the new One World Trade Center. This new building - replacing the old twin towers destroyed in the 9/11 attacks – was not yet finished the last time I was here. Therefore, we decided to have a look at the now also finished memorial site. Seeing all the name tags being fitted with American flags for Independence day made the solemn atmosphere even more powerful.
Up to this point we didn’t really notice anything special going on regarding celebrations for 4th of July. We decided to turn East to Fulton street where there was supposed to be a street festival. However, this turned out to be not that big either, so we spent some time just enjoying the view from Battery Park. By this point we were already feeling the heat and welcomed the chance to avoid the sun inside the National Museum of the American Indian. Not having heard of this museum before we decided to use the free entry to have a look. Being attached to the Smithsonian Institute, this museum displays an array of traditional clothing and drawings made by the native American population and really helped to get an impression of their art.
All in all, the celebrations for 4th of July here in New York seem to concentrate around the fireworks taking place on the East River in the evening. This is true also according to a friend of mine partly living here in New York, who in advance told me that most people decide to spend their holiday with family and friends - not necessarily partying in the city.
After having some rest at the apartment we went to see the fireworks that are fired from barges on the East River. When we left at around 7 pm I had the feeling that we were already a little bit late since the fireworks were scheduled to start at around 9 pm. On the way to the riverbank we stopped to get some 1$ pizza slices. These seem to be a pretty good (although unhealthy way) to get along during the day. Citing my flat mate Gabriel: “I was mainly “running” on these slices the last time I was in New York”. So let’s see how many of these I’m going to end up eating.
When we finally arrived at the East River there was quite a huge crowd of people trying to get into the viewing area already. While at first we were afraid we would need to spend the time watching the fireworks underneath some bridge with a really bad view people started to move in fairly quickly. Amazingly there was a really friendly atmosphere and not any shoving going on at all. We got into the spectating area fine before the fireworks started. These proved to have a great variety of shapes and colors (e.g. mushrooms), obviously most of them being blue, white and red.
Tomorrow is going to be my first day at the office in Rockefeller Center, which we passed on the way back to our apartment. We are going to meet up with all the Brazilians tomorrow morning and then walk there together. Curious to see what my actual internship is going to be like!
Moritz, New York, July 4, 2016
Today I had my first day at the Office. After having breakfast at the apartment with Gabriel, we met with the other two Brazilian interns to walk to Rockefeller Center together. Having multiple offices around Manhattan, Deloitte US has recently tried to move its employees into one building: 30 Rockefeller Plaza. Most people coming to New York know this building because of the viewing platform it hosts. We got to see the regular entrance today.
Starting at the reception in the entrance hall, we first had to have our names checked in order to get access to the elevators. Deloitte has multiple non-consecutive floors in Rockefeller Center, the highest being 50th floor. Our first appointment was on 40th floor where we got to meet our buddies. These are Deloitte employees that typically have been working with Deloitte US for around a year and will be helping us with questions during our internship. My buddy Bei has been working in Deloitte’s valuation modelling area.
First of all, we got a tour around the office. What’s especially tricky is that one cannot take the elevator directly from say 34th to 50th floor. Since the elevators are split into ranges one has to go to 42nd floor, switch to another one and then continue. Arriving there I really enjoyed the view I had over Central Park on one and lower Manhattan on the other side. We spent the morning setting up all our equipment, filling out some more immigration forms and getting to know each other. We were also provided with a Metro pass for the upcoming month, which is probably going to help a lot with getting to know the city. After formalities were finished we went to have lunch at a restaurant near Rockefeller Center.
In the afternoon I spent my time reading through material I was provided with, getting to know the fields I might be working in the upcoming days. When not in client offices employees at the Rockefeller Center usually chose a conference room and then meet there with their team to work. I joined my buddy’s team for my reading session and got to know some more people.
Tomorrow is already going to be my last day in the office for this week as I am going to leave for Deloitte University in Dallas, Texas on Thursday. I’m curious what’s going to happen. An appointment that’s already scheduled is the one with my mentor for lunch. Apart from my buddy this is the second person that is going to help me the upcoming weeks, so I’m very much looking forward to that!
Moritz, New York, July 5, 2016
Today was my second day at the office. I met with my buddy Bei and we went to look for a room to work in. Since I’m not on a full project yet Bei has given me some material to read through. The material is on credit default risk, which is really interesting since it employs a lot of statistical techniques I just recently got to see in university. Seeing these things being applied in practice is a nice change. I spent most of the morning reading until it was time for lunch.
As mentioned in my last post I had a meeting with my mentor scheduled for today. Just like my buddy she is going to help me with any questions that might come up during my internship here in New York. My mentor Rulla is a manager with Deloitte and has been working in advisory some time. We went to have lunch in a café near Rockefeller Center and had a nice talk. After telling her about the experience I have so far gathered with my internships in Germany she gave me some really good advice on how to make the most of my internship here in the US. Over the weekend I’m going to think about all the things she suggested and will definitely get in touch with her again.
After coming back from lunch I met up with my buddy Bei again. Since she was going to a meeting she asked me if I wanted to come with her. I joined her and her team in a discussion about some schematics they have been developing over the last time. This way I got a better understanding of what she is actually working on at the moment and I got to know even more people from her team as well.
We then spent the rest of the afternoon working with the Brazilian interns in a shared office space. It was nice to chat with the other people about what they had experienced during the day. We also got to admire Eduardo’s mad Excel skills which he promised to teach everyone in a session next week (see picture for the session with Gabriel, Eduardo, Rachel and me).
Tomorrow I’ll be leaving for Dallas, Texas, to attend the Advisory Intern Conference at Deloitte university. This is a large campus Deloitte built to host educational events for their employees and guests. Since our flights are just half an hour apart I’m going to join Eduardo in going to LaGuardia airport tomorrow morning. Our program is going to start at 4 pm, so I’ll hopefully have a chance to report in the evening!
Moritz, New York, July 6, 2016
This morning I took off from LaGuardia for my three day stay at Deloitte University (DU) in Dallas, Texas. After arriving at Fort Worth airport I got outside the terminal and was already greeted by DU staff that were picking us up. We were a group of around 20 interns that had almost all arrived on the flight from New York. We were dropped off at the reception of DU and received our welcome package, which included our room keycards and instructions on our stay.
I was really impressed to see how large the whole campus is. The coming days a little bit over 400 interns from the Advisory practice from all over the US are going to stay at DU. The campus houses all of them plus some more professionals and trainers that will guide us through the sessions. Apart from meeting other interns from the New York office I also met with Carina again. She is one of the other German interns and is spending her time at the Deloitte office in Boston. We were able to grab lunch before our program started with the general kickoff meeting with all interns.
For close to one and a half hours we were introduced to a broad range of principals, partners and managing directors that have been working with Deloitte for the last years. Every one shared their personal story with us and had advice on how to tackle difficult situations during your career, make the most of your personal skillset and decide which area is going to fit you best. Everyone was open to questions after they finished their respective talk which really helped people get to the details they were interested in.
After having finished the reception we got into smaller groups in order to take part in a session DU calls “wicked problems”. During a one hour session each group gets to work on a certain problem trying to evolve a solution. This process takes place in three stages of which you are going to do only one. After developing the first idea, another team then gets to refine that idea after which yet another team has to devise a prototype. We were part of the refinement stage and were asked to provide a solution on how to better engage females and minorities in natural sciences and engineering.
For dinner we then met with Bruce Marcus, director with the New York office. He invited us to dinner and was really interested in getting to know us better. We were then able to ask him some more questions regarding everyday life at the office and what to look out for when building your personal career.
The last official event in the evening then was a community service event. This was a special group event where we got to pack lunches into plastic bags. Now this may sound weird at first but actually stemmed from the idea to provide meals for people in need. There were different stations we were assigned to. These included filling bags with rice, vitamins and other things, weighing and sealing the bags and finally packaging them. In just under one and a half hours we were able to pack just over 80.000 meals.
We afterwards went to the “barn”, which is DU’s casual bar area. Chatting with other interns and my Brazilian friends from New York we spent the rest of the evening in a relaxed atmosphere. Tomorrow there is going to be another action packed day. I’ll tell you all about it in my last Blog post for this week!
Moritz, New York, July 7, 2016
Deloitte University Day 2 and 3
After the half day of introduction on Thursday, the real program at DU started on Friday. I have to say that all the service that is provided for us here is amazing. You don’t really get to stop eating, since there is food all over the place. There even is a Starbucks café where you can get coffee during the breaks. We had to get up fairly early for breakfast in order to make it to the first event of the day. This was taking place in the large auditorium we packaged the meals in the day before and was all about helping us understand the four types of business chemistry. Each one of us had taken a test in advance that showed which of the categories Driver, Guardian, Integrator or Pioneer was strongest with us. We were seated according to our primary type with most of the other international interns sitting next to me in the Driver area. To start things off, there was a presentation showing the strengths of each type. I don’t want to go into detail here, since this would probably take up too much space, but let’s just say the four categories names pretty much describe their features. For us drivers for example it’s mostly about structure, logical thinking and finding the most direct route to the root of the problem. During the course of the presentation we were then told how to best cooperate with colleagues with different chemistry types. This all was to help us during the upcoming simulation session.
The simulation program was planned to take place over the whole day and was held in groups of about 35 people. There were about eight senior staff members around who took up various roles throughout the day. The setting of the simulation was a small town who had just recently gone through an earthquake and now needed rebuilding. We were split into six groups who were to represent different agencies trying to help with rebuilding the town.
During the first phase we got to know the other interns at our table better. This was part of the “connect” stage that should take in every real life project as well. Connecting with the people on a personal level helps to build trust might make your work a lot easier. We then had to get into planning what our organization wanted to achieve. With the material we had received came a list of goals our organization cared for most, as well as a list with rebuilding options and the required materials. These materials were represented by LEGO bricks we got in a separate bag. Since there were not enough resources to rebuild everything we needed to come up with a plan what to target first. Since our organization cared about bringing education back to a solid level we discussed things like schools, training centers and child care.
After having developed our plan, we then needed to discuss this with our respective “government official” represented by one of our trainers. This was the first instance we really needed to make use of the business chemistry assessment as we actually were able to determine the official’s type in advance and come up with a plan for how to best direct our questions during the negotiations. The meeting gave us feedback on our plan and showed that our ideas were already pretty solid.
In between project stages there were a lot of small activities complementing the tasks we were given. All of them tried to give us a better understanding of what to watch out for in real life situations when meeting with a client or with colleagues, addressing problems and eventually solving them. The activities were topped off with every day business life stories from our trainers of whom some have been working for Deloitte quite a long time now. This whole package helped to make the simulation a lot livelier and relevant.
After a lunch break out team got back to the classroom for our project presentation. In this short presentation we needed to present our organization’s plan for the rebuilding to the other teams and government officials. At a point where we thought the simulation would actually be over, the training staff implemented a little twist. With a general cut of resources, our organizations withdrew from the project leaving us volunteers to help out other groups. We were regrouped and formed three new teams made up out of the members of the six organizations we had before. Receiving a new budget and building options we then needed to work out a new emergency plan. This part of the simulation really was a condensed version of the work we had done so far and worked really well. Since everyone had an idea about his field coming in from the work they had done the whole day, we were able to have a fruitful discussion about what was making sense or not. In the end we came up with a new plan, which was then again presented to one of the officials and concluded the workshop.
Apart from the general framework of negotiations, collecting information and coming to a solution for a problem I think the workshop really helped me to understand how important it is to consider who you are working with, what their character is and how to best get everyone involved with the team. Apart from that, there also were a lot of interesting stories from the trainers and some valuable take home messages for how to best overcome certain difficult situations during your career.
After a hard day of work, we got two hours off before meeting again for the final evening networking event. With everything being provided so far I wasn’t sure what could actually further improve my experience, but I was yet again surprised. During the time we had been all over DU, the staff had built up all different kinds of games in the large ball room. This really looked like a large casino with entertainment ranging from blackjack and roulette to bowling and Wii games. We had a lot of fun trying out different things, getting the chance to play air hockey for the first time in my life (so far I had only seen this in movies) and Gabriel nearly breaking the Bowling highscore. Since the event was over at 11 and we were not really done yet, we once again moved on to the barn community area where we spent a couple of hours more talking to and getting to know some more people. When we finally got to bed later I thought that we really had had a great day.
The conference finished this Saturday morning with a closing event after breakfast. DU had invited Mallory Weggemann as a guest speaker. She is going to compete in the upcoming Paralympics for team USA a shared her story about overcoming obstacles in life. Since having complications after a treatment for back pain at the age of 18 her body has been paralyzed from the waist down. Hearing her talk about getting back into sports, working hard to achieve her ultimate goal of being recognized as an athlete rather than a “disabled” person and finally being able to take part in the Paralympics in London 2012 and now Rio impressed me a lot.
I’m back in my apartment now after rather pleasant travel from Dallas to New York. Looking back at the last week I realize how many things have already been happening since I got here. I’ll have another day off tomorrow before being back in the office on Monday and will probably use that time to recap all these things, get in touch with people I met and make plans for the upcoming week. This will be my last blog post; next week another intern gets to share their stories. I’ll definitely have a look at that as well and am curious what happens in other offices. Feel free to get in contact with me if you have any further questions regarding my stay in the US via LinkedIn or Xing.
Moritz, New York, July 8, 2016
Update from New York
Since there have been a couple of things going on the last days, I thought I’d share them in a new post. Most of you will have heard of Pokemon GO, I hear it’s been released in Germany as well now. Over here it was available for the last week already and has really spread throughout the city. Just how far, we got to see last night. Gabriel and I were outside playing as well, when we stumbled upon a crowd of people playing outside Central Park. We couldn’t believe our eyes since there were literally more than 500 people having a great time. This was probably one of the most astonishing things I’ve seen the last days.
Apart from that, I got to go to the Jersey City office today. This is where the valuation team who I’ll be working with the upcoming days is located. Seeing Manhattan from the waterfront office was a nice change of perspective, plus I got to see the new World Trade Center station while changing from subway to Path train.
Moritz, New York, July 14, 2016
Markus Bauer, International School of Management Munich
Markus, 21 years old, is currently studying Psychology & Management at the International School of Management in Munich in the 6th semester. He is participating in an internship abroad and will travel to Rio de Janeiro, Brazil.
In order to obtain international experiences and meet people from all over the world, I applied for an internship abroad in 2015. I will do my internship in Rio de Janeiro and I’m really looking forward to get to know the city and the country where we won the world championship, especially the lifestyle and way of working. What item will definitely be part of my luggage? My swimming trunks!
Markus, Munich, April 22, 2015
Markus Bauer on LinkedIn
Olá, tudo bem?
Hi, I’m Markus and this is my first post during my internship in Brazil. I hope that I can share some of my experiences and give you more information about Deloitte’s GIP.
How it all began
After an informative kick-off workshop at the Deloitte office in Düsseldorf, all German internship candidates headed to their host countries. In my case the destination was Rio de Janeiro, Brazil. After quite a long flight with a layover in Paris, I finally arrived at my hotel in Rio at about 6:00 a.m. As you can see from the pictures, the hotel is located directly opposite the Copacabana and the views are pretty amazing. However, due to the jetlag and the long flight, I spent the first day getting familiar with the hotel and the surrounding area.
First days in Rio
The following day, two other interns from Spain and the US arrived. After getting to know each other at the hotel, we walked down the Copacabana and enjoyed the sunny weather at a bar. Unfortunately, we have not had the chance to go swimming yet but I am sure we will do that sooner or later. In the evening of my second day, we met one of our buddies and she showed us some bars and restaurants nearby. All in all, it was great start and we knew that we would have a lot of fun together this month.
Working at Deloitte
Very soon, it was time for our first day at work. On Monday, I took the subway and headed to the Deloitte office. The office is easy to reach via subway and located right in the heart of Rio. Also, as it is located on the 26th floor, you get great views. Once we had passed the security checks and got our Deloitte badges, we met our buddies. Each intern was assigned to a buddy who acts as a local contact person, mentor and coach during the internship. After a quick tour through the office, we were introduced to our teams, managers and even a few partners.
My team at Deloitte
As I am working in the financial advisory department, I got to know the transaction services and the valuation team. My colleagues there gave me a warm welcome. It is very easy to make new contacts across all departments and all levels of hierarchy. I was soon assigned my first tasks, and the internship finally got started. Right from the start, the team, and especially my buddy, gave me support whenever I needed it. Also, I was immediately involved in real-life projects with direct client exposure. Currently, I am working on a going concern analysis for a big US fund.
So far, I have really enjoyed my stay here and am looking forward to doing some sightseeing at the weekend. I hope this gives you an idea of what I have been doing these past few days, and I will be happy to share new experiences with you in another post next week.
Markus, Rio de Janeiro, July 10, 2015
Hi there! This is Markus again from Rio with my second post for my internship abroad. I hope you enjoyed the first report and are as excited as I am about the second.
Rio de Janeiro – sightseeing
During my second week – especially on the weekends – I did lots of sightseeing. The two highlights this week have been the Maracanã stadium and the Sugarloaf.
The Maracanã is a football stadium located in the center of Rio. The stadium opened in 1950 to host the FIFA World Cup and was partially rebuilt in preparation for the 2014 World Cup. It is mainly used for football games but also hosts a number of concerts and other sporting events. Of course, the Maracanã is a must-see for every German after our historic win over Argentina last year. We were lucky enough to see an incredible game between Fluminense and Corinthians. Watching a football game in such a symbolic venue was a really unique experience.
On Saturday, we climbed the Sugarloaf. The Sugarloaf Mountain is located in Guanabara Bay and rises about 400 meters above sea level. It is renowned for its cable car, which was originally built by a German company, and the panoramic views of the city. I think the pictures are worth more than words.
Working at Deloitte – what is it like to work in the financial advisory team in Brazil?
Of course, the internship is not just about sightseeing and enjoying Rio. The main aims are to help us young professionals gain experience abroad and widen our professional network. As I mentioned in the last post, I am working in the valuations team at Deloitte. The team mainly focuses on the valuation of corporations, subsidiaries, options, derivatives, certain assets, etc. As a result, the valuations team often supports the audit team or acts as an advisor to the government to justify or determine fair values for certain assets. Deloitte Brazil is one of the market leaders when it comes to providing these services. It serves a variety of top-tier clients. My work so far has been extremely interesting but also challenging. Most of the time, I work on valuation models in Excel. I really enjoy what I am doing as an intern and look forward to two more exciting weeks.
As part of the onboarding process here in Brazil, all international interns were invited to a welcome day. The agenda was fully packed with intercultural, security and language training. The intercultural training was especially useful for better understanding the Brazilian culture. At the end of the day all buddies and interns met for a get-together at a restaurant. All in all, it was a great day for getting familiar with Deloitte Brazil and Brazil as a country.
Outlook – the next few weeks
As you can see from the post this week, I have had a busy schedule. We have yet to make plans for next week, but I will definitely keep you posted.
Markus Bauer, Rio de Janeiro, July 20, 2015
Blogpost Post 3
Hi there, this is Markus again from Rio with my third post on my internship abroad.
Rio de Janeiro – sightseeing (contd.)
Sightseeing is a must in Rio. This week we went to the world-renowned Christ the Redeemer statue and a traditional Samba academy.
Christ the Redeemer is a statue of Jesus Christ created by French sculptor Paul Landowski. It is located on top of the 700-metre-high Corcovado Mountain, which is in a national park near Rio. The statue is definitely worth a visit, as you can see from the pictures. The views from the peak are stunning and even better than those from the Sugarloaf.
On Saturday we also went to a traditional Brazilian Samba academy near the Maracanã stadium. It was astonishing to see how passionately the Brazilians dance and cheer to the traditional Samba rhythms.
Financial advisory in Rio – current projects and tasks
Now for the work week. As I mentioned last week, the financial advisory team mainly provides valuation services. This week, the team has worked on two big projects. The first is a going-concern analysis for a subsidiary of a publicly traded company in Brazil. The second project, which I am working on, is an impairment test for a Brazilian mining company. For this project, I helped build a fully integrated financial model to determine the value of the company’s intangible assets. It has been very challenging, as the company owns a vast number of operating companies and non-core assets. This project has really helped me to understand how to perform impairment tests. It has also helped me to develop my accounting and modeling skills.
Interns in Rio
I would like to mention the other interns in Rio. They are from the US, Spain, the Netherlands and Germany, which really makes the experience unique. We spend most of our free time together. We enjoy going out for dinner after work or sightseeing on the weekends. Often our buddies join us, showing us famous bars or restaurants in different parts of Rio. I am glad to have met the other interns here. They really helped me make the most of my stay.
Outlook – the final week
Unfortunately, the third week of my internship is already over. As I am leaving next Saturday, this week will be all about work. However, I am looking forward to my last work week and updating you in my last post.
Markus Bauer, Rio de Janeiro, July 27, 2015
The last week of my internship is over and I am back in Munich. My final week in Rio was great and I am very grateful for the entire experience.
Last work week
After finishing my final tasks during the week, I had feedback sessions with some of my colleagues and the partner responsible for my internship. On Friday, my last day, all of my colleagues and the other GIP interns met for a get-together at a bar near the Deloitte office. It was a great opportunity to think about the great time we had in Rio and say goodbye to everyone. Later that evening, some of our buddies joined us for our final club night. Of course, saying goodbye was rather hard, but I am sure we will go back to Brazil some day.
After finishing our packing on Saturday, we went to the Copacabana for the last time. We were lucky because the weather was sunny. However, after only a few hours we had to return to the hotel to pick up our luggage. Surprisingly, our driver was on time, so we only had a few minutes to say goodbye. I left Brazil with mixed feelings. On the one hand it was an amazing experience, but on the other hand I am happy to be back in Germany with my friends and family.
Michael & Ha – get-together with other interns
After arriving in Düsseldorf, I finally met Michael and Ha again. We went to dinner at Vapiano and everyone talked about their experiences abroad. It was very interesting to hear how Michael and Ha have experienced the program and how different the cultures are (even within Brazil). At the end of the day we agreed that everyone had a great time and went to bed early.
On Monday, a debriefing workshop with the international interns was scheduled. The aim was to hear about everyone’s experiences and to give feedback. We then had lunch together and finally separated to head to our home cities.
I am very grateful that Deloitte offered us the opportunity to spend one month abroad and gain international working experience while enlarging our professional network. Rio is an amazing city and I will really miss all the people I met.
Thank you for reading my blog! I hope many of you will apply for an international next year and I wish you all the best.
Markus, Munich, August 07, 2015
Minh Ha Duong, Karlsruhe Institute of Technology
Minh Ha Duong, 23, is a master student of Industrial Engineering and Management at the Institute for Technology in Karlsruhe. His journey will go to McLean, USA.
Let's get started!
I applied for an internship abroad because I wanted to satisfy my thirst for adventure while gaining international working experience. My host office during the internship will be in McLean, USA. I am excited about developing multi-cultural networks and meeting people with different backgrounds. I will definitely bring my sports shoes, my MP3 player, my laptop and enough money for weekend trips.
Ha, Karlsruhe, April 24, 2015
Minh Ha Duong on LinkedIn
Starting the internship in the Audit team at Deloitte’s McLean office
For me, the internship started in the offices of Deloitte’s Düsseldorf member firm. After getting continuous support with visas, travel planning, accommodation and other administrative tasks, it was nice to finally be able to meet the German Recruiting and Talent Management team in person. After a brief presentation of the internship abroad, we even had the chance to meet one of the managing directors of Deloitte Germany – Christopher Nürk. Our kick-off workshop ended with a delicious dinner at one of the famous Gehry buildings, which are close to Düsseldorf’s hip old town. Soon afterwards, the internship started and we were sent to Deloitte member firms in Brazil and the USA.
I arrived in Washington D.C. on July 5, missing Independence Day by one day. I spent the first few days before the internship getting to know the area. The Deloitte McLean office is one of the biggest and most important offices in the USA, mostly handling clients that work closely with the US government. I joined the REO (Real-Estate-Owned) team consisting of Steve, Mike and myself. I will deal with non-performing loans.
On my first day, Haley from the recruitment team assisted me with the onboarding process. Shortly after that, I joined a cross-functional training session that served as an introduction to the FSI (financial services industry). Our lead client service partner Troy, together with other senior partners and partners, had organized the training session to help encourage a strategic mindset in all of Deloitte´s service areas and support innovation, cross-functional engagement and continuous development. The training ended with a strategy discussion and a get-together, where I was able to get to know a lot of the colleagues I will work with during my internship. I had already had the pleasure of meeting Joseph Ucuzoglu, who is the CEO of Deloitte USA’s audit practice. It is incredible how many high profiles I met during my first week of my internship.
I am glad that I got this opportunity and am already excited about things to come this month. So far, I have not had time to explore the city but that will absolutely be on my to-do list for the weekend. Like every trip to a new location, I think it is best to start my time here with a bucket list:
- White House
- Lincoln Memorial
- Shenandoah National Park & Blue Ridge Mountains in West Virginia
- A Washington Nationals baseball game
- Shopping at Tyson´s
- Dinner at the Cheesecake Factory
More to come…
Ha, McLean, July 10, 2015
Blog Post 2
Some time has passed since my last blog post. In the meantime, I have gotten used to life here in the Washington D.C. area. It is not my first time in the US so I did not really experience culture shock, but there are still a lot of things that surprise me on a daily basis. The first is the distance. It is normal for people to spend about an hour getting to work and another hour getting home. The second is the friendly atmosphere at work, which I really enjoy. I could not imagine talking casually to a partner and calling him by his first name in Germany. Here, partners even invite people to BBQs at their houses. Co-workers really get along well, and have personal as well as professional relationships. The third thing that surprises me is that most people in the US are quite focused on sports and fitness. Influenced by my co-workers, I have been using the gym at the apartment every morning before going to work. Thanks again to Deloitte Germany for giving me such a nice place to stay in! :)
My engagement is not as stressful as I thought. This is because it is now the slow season so people actually get the chance to enjoy summer. I spoke with other interns who joined Deloitte US in the winter, shortly before the end of the fiscal year, and they had a different experience. However, I am still learning a lot. My team has been teaching me about the secondary mortgage market, financial auditing and the usual work approach. I even got the chance to prepare a work paper myself, which is an essential step in the auditing process and which is normally done by first- and second-year auditors. I had a lot of fun working with the team at my first engagement but, starting next week, I will be starting a second engagement at an international law firm. The new firm will be much smaller so I will hopefully be able to get an overview of the entire auditing process, as opposed to the specialist insight I got here.
In my last two weeks, I got the chance to meet a lot of people here, including some fellow interns. The interns in the US all got to know each other during their time at the Deloitte University, so they are already close to each other and often meet up after work or during the weekend to explore the area. We had a happy hour get-together last Wednesday and a BBQ event on Thursday. I also went out to explore the nightlife here on Saturday, and on Sunday we went out to an amazing brunch buffet together. On Monday evening there will be a Big 4 kickball tournament. On Tuesday, we will go to a baseball game where New York plays Washington D.C. Then, on Thursday, the interns will meet up before going to Vapiano for dinner. As you can see, there is a lot going on and it is impossible for interns to get bored. Half of my time here is already over and I still have a lot left to do. I have visited many museums already and walked along the National Mall. Hopefully I will still be able to visit a national park close by but I guess I can always come back. In summary, I am having a great time in the McLean – Washington D.C. area and I enjoy working and spending time with the interns as well as the staff here. I am excited for the start of my second engagement next week.
Ha, McLean, July 20, 2015
Experiencing American culture with the local interns
This week I started my new engagement at an international law firm. I am part of a very small team, whose other members are Hem and David. We are responsible for controlling employee benefit plans while working closely with clients. It is a big change to be part of such a small team. At my first engagement I was in a large team, which meant that structure and specialization were important. People became experts in their fields but were not often exposed to other topics. At my second engagement, we are responsible for delivering what the customer wants and we need to have a good overview of the auditing process. I am glad that I got the chance to experience both structures in order to understand the differences.
Personally, I find working with dozens of people more fun. However, in smaller teams, individuals learn more. I got to speak to many people and hear about their experiences and opinions. It is great that Deloitte offers projects that reflect individual preferences. I also learned that Deloitte works with small emerging growth companies (EGCs) in this area, which was particularly interesting for me. On Monday, I got the chance to meet Tim Hwang at a Startup Grind event in Washington D.C. Tim is the founder of FiscalNote, a leading GovTech startup from the D.C. area. It is great to see after my time in Berlin that the US capital also has a thriving startup scene.
There were a lot of intern events this week so I got to know even more of the local interns. There are more than 30 audit interns in the McLean office and we often hang out during happy hours or on the weekends. We went to the Washington D.C. vs. New York baseball game on Tuesday, which was great. It was the first US sporting event that I have ever been to and I enjoyed being in the crowd a lot. I had a great time with everyone – friends and strangers. However, I must admit that I still do not fully understand the rules of baseball. After the match, the buddies and interns went to a brewery in the neighborhood where we were able to get to know other interns and local Deloitte staff. On Thursday, we went on a boat cruise along the waterfront past many Washington D.C. monuments. Unfortunately, my time in the US is coming to an end. I will miss McLean, especially after getting to know the other interns. But there is still a week left and we are planning on meeting up this weekend so I am excited. Let´s see how the last week goes!
Ha, McLean, July 25, 2015
The end of my internship – goodbye McLean
The last week of my time as an international intern is over now and I am back in Germany. My final week in McLean was great. At my engagement, I was able to help out a lot and finished my part of the project. On the last day, our partner Joan came by so there was excitement right up until the very end. I really enjoyed working with Hem and David and was able to learn a lot in terms of professional knowledge and US culture and history. Unfortunately I did not get the chance to see Steve, Mike and Jenna from my first engagement before leaving but I am sure we will meet again someday.
It was also the last week for all the other interns at the McLean office. Everyone tried to make the most of our last week together. On Tuesday, I went out with my buddy Samantha and a couple of her friends to a rooftop bar in the center of Washington D.C. Sam is the best! Of all the people who asked me where I was from, she was the only one who actually knew where Dresden was. I saw her a lot this week and it is sad that we did not really have time to hang out before. But since she comes to Germany sometimes and I am studying in New York next semester, I am sure we will meet again. On Wednesday, there was a happy hour for all the audit teams in the Washington D.C. area, which was fun. I really enjoyed talking to a lot of people that I had not met before. I even had quick chats with partners. I think it is great that Deloitte organizes these kinds of events so that people get to know each other on an informal basis. On Thursday, the intern closing event took place. We were all invited to a nice BBQ restaurant together with our buddies. This was the last time that I would see some of my fellow interns and Sam so we enjoyed celebrating one last time. There was even karaoke and a live band!
On Friday, my last day, all the interns at the McLean office had their final feedback meetings. It was interesting for me to see that US interns all hope to get job offers at the end of their programs. All my friends ended up getting one so they were excited and happy. In Germany, students do several internships to get experience in different areas before deciding what to do after they finish their studies. I prefer the idea of learning as much as possible rather than hoping to get a job offer. After the interviews were over and we were done with all the organizational work we went out to have lunch near the office. We talked for a while before everyone had to go and move out of their temporary apartments. As I will be back in the US soon, I am sure I will see them again. Saying bye (or rather see you later) was not as sad as I imagined it to be.
After returning to the apartment, going to the gym one more time, doing the laundry, eating all my leftover food, packing my bags, being forced out by a false fire alarm, taking a taxi to the airport and flying to Germany, I was finally back in Düsseldorf where my journey began. I saw Michael and Markus again – the other 2 German interns – and we went out for dinner at Vapiano to talk about our experiences abroad. Their experiences were very different to mine because in Brazil there were no local interns but a lot of internationals. It was good to hear that everyone had a great time! The official end of the internship was a debriefing workshop on Monday where we met our German coordinators and also the Global Project Challenge team in the Düsseldorf office. We talked about our individual projects and experiences and gave feedback for future participants before going out for lunch together. Then it was time to close the the chapter abroad and go our separate ways.
I am very grateful that Deloitte offered us this opportunity to go abroad and gain international working experience while building a global network of friends. I had a great time in the US and will really miss McLean and all the people I met. I am sure we will meet again someday somewhere. Until then, I wish everyone the best. See you later!
Ha, Karlsruhe, August 4, 2015
Michael Roos, WHU – Otto Beisheim School of Management Vallendar
Michael Roos, 23, is currently doing his Masters in Management at the WHU – Otto Beisheim School of Management. He gets the opportunity to do an internship in São Paulo, Brazil.
Heading to Brazil
An international internship provides the great opportunity to learn about the daily life and the working environment in a foreign country. I look forward to get to know my Brazilian colleagues, a vibrant metropolis and an exciting culture. I will definitely take my camera with me to take a lot of pictures of my stay in Brazil.
Michael, Vallendar, 21 April, 2015
Michael Roos on LinkedIn
First Week in São Paulo
Arriving in Brazil
After a great kick-off event in Düsseldorf last Thursday, where I met the other two German interns, I took a plane via Amsterdam to my internship in Brazil. I was able to escape the high temperatures in Germany, and experience winter in South America, where it is currently around 25°C. The flight took around 12 hours and brought me to São Paulo’s Guarulhos International Airport, which is located on the outskirts of the city. As I arrived at the hotel on Friday night, my buddy got in touch with me to go out the same evening. I was able to meet my team and even one of our clients at a nice bar in the area. This was an excellent opportunity to get to know everyone, even before my first day at work.
My Work at Deloitte
In São Paulo I am working in Deloitte Consulting’s Data Analytics service, which specializes in analyzing and visualizing different kinds of data, mainly in the banking, telecom and manufacturing sectors. It is a very interesting service, which was established just two years ago, due to the increased potential of big data. To get an idea of how big data can be used in the business context, here is a recent situation my team worked on: people had published thousands of tweets complaining about their cell phone signal strength. These tweets were analyzed to identify the precise locations a telecommunications company’s antennas were not working well. I am currently supporting my team in drafting a proposal for a project at an international organization and preparing for a project at a large global bank, where I will work next week.
Deloitte in Brazil
Deloitte has been in Brazil for over one hundred years. It is the leading professional services firm with more than 5,500 employees at offices in São Paulo, Belo Horizonte, Brasília, Campinas, Curitiba, Fortaleza, Joinville, Porto Alegre, Rio de Janeiro, Ribeirão Preto, Recife and Salvador. The office in São Paulo, where I am working, is the biggest office, with around 4,000 employees. The city, with over 20 million inhabitants, is seen as the country’s economic center. Over one third of Brazil’s GDP is generated in this region and most of the major global companies have their South American headquarters here. For this reason, there is generally no need to travel long distances to the client, as most of the big corporates are located next to the Deloitte towers. This is one difference I noticed in comparison to my internship last year at Monitor Deloitte Strategy, where we took the plane from Munich to Hanover on Monday mornings and stayed by the client’s premises during the week.
My internship buddy
Each international intern is assigned to a buddy, who acts as a local contact person, mentor and, in many cases, supervisor. In my case, my buddy Andrey is responsible for me. He is a manager in the Data Analytics team and has worked with Deloitte for five years. He specializes in statistical models and visual analytics and I can definitely learn a lot from him. As you can imagine, a frequent topic of conversation is the match between Brazil and Germany during the soccer world cup last year. He is a very nice guy and uses every free moment to introduce me to Brazilian culture and teach me Portuguese.
Contact with other interns
The other interns also live at my hotel in the Vila Olímpia district. This is great, as it means there are plenty of opportunities to do things together and explore the city. There are three other GIP participants in total, and they all come from different offices in the United States. They work in audit, tax and advisory services, which is great as we can share our experiences in our different departments.
So far, I am very much enjoying my time in Brazil, with its exciting culture and great food. This work week was rather short as Thursday and Friday are public holidays, which gives me a lot of time to explore more of the city.
Michael, São Paulo, July 9, 2015
Brasil Você é tão maravilhoso
Time for some sightseeing
Last Thursday, there was a long weekend due to a regional public holiday celebrating the start of the constitutionalist revolution 81 years ago. As a result, I had plenty of time to explore the city. People from São Paulo are called Paulistas and are very friendly. They love to show their hometown to for-eigners – in just a few days, I was able to see a lot of the city. As I said in my last blog post, São Paulo is primarily an economic center and not really a sightseeing destination. However, there are still many nice places to visit in the city such as the huge park Parque do Ibirapuera and its museums, the large cathedral Catedral da Sé and the Japanese quarter Liberdade with its interesting mix of cultures. São Paulo is like New York City: it is a metropolis that has attracted many different immigrants, most of whom came from Italy, Portugal or Japan. One of the city’s busiest areas is the oldest boulevard Paulista Avenue. Its skyscrapers contrast with the old villas built at the start of the industrial era in the early 20th century.
Introduction event at the office
At the start of the week, an introduction event took place at the office, which helped me to get to know Deloitte Brazil and the other participants’ buddies better. A manager from Deloitte US, who is cur-rently living in São Paulo as an expat for the company, gave us a fun introduction to the Portuguese language. He also had some good recommendations for our daily lives in the city. An intercultural train-ing session also took place. It illustrated the differences between Brazilian culture and our cultures in an interesting way. As I live with the other interns at the same hotel, we already know each other well. However, it was nice to spend some time together at the office and share our experiences over the last few days.
Working at the client’s premises
One of the major focuses of the internship is getting to know the working environment of foreign Deloitte member firms. Consequently, I was very happy to hear that my buddy had staffed me on one of the projects he is currently supervising. I spent the last few days working as part of an on-site team for the client, a large company in the banking sector. As almost all the documents were in English, I was able to get on track quickly and to put all my efforts towards supporting the team. I enjoyed the diversity of the tasks that were assigned to me and the level of personal responsibility, not to mention the other consultants’ expressions of appreciation.
Tomorrow all interns will head to Rio de Janeiro. I will post some pictures of our trip next week.
Michael, São Paulo, July 16, 2015
Getting to know more about Brazil and Deloitte
Weekend trip to Rio de Janeiro
On Friday last week, all the international interns in Brazil got a day off, which we spent in Rio de Janeiro. This was not just a great vacation for us, but an opportunity to see the other interns in Rio and share our experiences. We also met another intern from the US, who is working at the Recife office in the northeast of the country.
Since we only had three days for our trip, we started sightseeing right after our arrival. We visited some stunning places, including the Christ the Redeemer statue and Sugarloaf Mountain. We visited the Sugarloaf at sunset, which meant we had amazing views of the city. We also enjoyed the Copacabana and Ipanema beaches, and were a little bit jealous of the other interns in Rio. As Markus said above, they live right next to the beach.
It was interesting to get to know the other interns, who are mainly from the US, but also Spain and the Netherlands. I enjoyed talking with them about the past few weeks in Brazil. As there are a lot of differences between São Paulo, Rio de Janeiro and Recife, we have all experienced variations of Brazilian culture. This is even visible in the working environment, which I realized after speaking with Markus.
Working in an international project team
After a great weekend in Rio, the work week got off to a good start. Our banking project team got ad-ditional support in the form of a team from Deloitte UK. Three London consultants who have acquired a lot of expertise on an aspect of our project were asked to join us for several weeks. This kind of knowledge transfer between member firms is a great example of how Deloitte uses its global network. I really enjoyed getting to know more about their approach to projects and the international opportunities Deloitte is offering. After talking with a manager in Deloitte Brazil’s tax service, I also learned more about the global mobility program, which sends employees to other countries for several years. He spent two years working for the US member firm in Michigan and had just returned to the São Paulo office.
The internship will soon come to an end, so I am trying to enjoy every remaining day in São Paulo. I have come up with a good city program together with my buddy, which I will write about in next week’s blog post.
Michael, São Paulo, July 24, 2015
Hora de dizer adeus
Last week in Brazil
My last days in São Paulo were great – just like the rest of my trip. I finished work at the client’s premises and got the chance to experience some other projects. My buddy took me to the final meeting of a project our colleagues have worked on for the past few weeks. This gave me insights into another industry and another way of applying data analytics.
Another highlight was a visit to the mercado municipal, which is one of the largest markets in São Paulo. I tried fruit that I had never seen in Germany and also ate one of the world's best sandwiches, the mortadela sandwich at Bar do Mané. One evening after work, a German-speaking colleague took me to a networking event organized by the Deutsch-Brasilianische Industrie- und Handelskammer, where Germans and Brazilians get together to share their thoughts on economic developments in both countries. This was a great opportunity to meet other Germans working in Brazil and exchange contact information. On Wednesday, we watched a soccer match played by my buddy’s favorite team, SC Corinthians Paulista. Their stadium, the Arena Corinthians, was recently built for the World Cup. My stay in Brazil ended with a rodízio, a popular Brazilian BBQ. Afterwards, my buddy and a colleague took me to the international airport to say goodbye.
Back in Germany
After a long flight, I finally arrived in Düsseldorf. On Sunday, I met with Ha and Markus. We had a great dinner and talked about our experiences over the past month. The next day, a debriefing workshop took place at the Deloitte office. We met other international interns and completed our adventure by showing some pictures of our time abroad.
My internship abroad was a truly unique experience for me. It not only exposed me to a new culture and life at one of Deloitte’s member firms, but also gave me the chance to make a lot of friends and expand my professional network. I already miss São Paulo and am looking forward to going back in the near future. At this point, I would like to say a huge thank you to my buddy Andrey, who contributed a lot to my awesome time in Brazil. To everyone following this blog, I can only recommend applying for internships offered by Deloitte.
Michael, Berlin, August 9, 2015
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