Jai Mallick
Programme:
MSc Climate Change, Management & Finance
Nationality:
UK, British
Undergraduate education:

BSc. (Hons) Economics, University of Wawrick

Job after Imperial College Business School:

Intern, Augusta & Co.

MSc Climate Change, Management & Finance

About you

What work experience/internships did you have before beginning with Imperial College Business School?

I completed a variety of work experience at an insurance company, a family office and a consultancy firm before joining the Private Bank at Barclay's Bank PLC for the summer after the penultimate year of my undergraduate degree. Following the internship, I was offered a place on the graduate programme starting the following year. I then completed the two-year graduate programme spending time in the Wealth and Investment Management and Corporate Banking businesses, before staying on for a third year in the Corporate and Investment Banking Coverage team, until I was accepted into the MSc Climate Change, Management & Finance programme at Imperial College Business School.

Why did you decide to study an MSc Climate Change, Management & Finance at Imperial College Business School?

During my time at Barclay's, I was exposed to the burgeoning green finance industry and I began to learn more about London’s leading role as a centre for sustainable finance and investment. When I discovered the programme, I was instantly attracted to Imperial’s unique interdisciplinary approach to understanding climate change.

Programme

What aspects of the programme do you most enjoy the most?

In addition to the lectures, I really enjoyed working with different groups of classmates on various projects and assignments over the course of the year. I also enjoyed engaging with students on other Master’s programmes through extra-curricular opportunities offered by the Business School and the wider college, as well as attending events and seminars organised by the Imperial Enterprise Lab and the Energy Futures Lab.

Which has been your favourite module so far and why?

My favourite module was‘Innovation in Cleantech and Climate Change Solutions. As a new module introduced this year, we were required to work in teams over the course of the year to develop a cleantech business idea, to the point of completing an application form for a startup accelerator. This was the culmination of a remarkable journey that allowed us to engage with real world problems in an entrepreneurial way and provided the challenge of designing an innovative business solution that is realistic, impactful and scalable. The module was also a great chance to work closely with fellow classmates and engage with Imperial’s vibrant ecosystem focused in innovation and entrepreneurship.

What has been the most rewarding part of the programme?

The most rewarding part of the programme has been the engagement I have had with students across the Business School. A hallmark of the student community is that people are proactive and willing to work together to put good ideas into practice. Collaborating across different student bodies and the Student Leader network has resulted in the development of unique learning experiences that have helped prepare me for my future career.

What has been the most challenging part of the programme? 

The most challenging part of the programme has been the management of competing priorities from the academic, extra-curricular and employment perspectives. Prioritisation and time management were key to ensuring that I met both individual and group assignment deadlines, while also spending enough time to explore the personal interests that ultimately shaped my journey at the Business School.

People

How would you describe your cohort at Imperial?

My cohort was extremely friendly, collaborative and motivated. Over the year we have formed lifelong friendships and learnt a lot by helping and supporting each other in the pursuit of varied career interests. We have also succeeded in balancing a hectic programme schedule, with the time to have fun and make memories that we will always cherish.

Did you have a favourite professor/lecturer and why?

My favourite professor was Dr Charles Donovan who taught Clean Technology Investment. Having worked in the clean energy sector and co-authored a book on renewable energy finance, Dr Donovan is extremely knowledgeable about the industry and was very successful in linking the lecture material to his own real-life experiences. I also really enjoyed the interactive way in which he taught the module, whereby our lectures were run as a constant dialogue that prompted students to critically think and evaluate the assigned readings in the context of the discussion in class. The group project for the module was also interesting to work on and the oral defence of our work with DeDonovan was a very beneficial learning experience.

Opportunities

What has been the greatest opportunity you have had at Imperial?

Of the many amazing opportunities this year, one that stands out is the opportunity to attend the FT Climate Finance Summit. The day-long conference included two keynote sessions, six engaging panel discussions and one interactive roundtable discussion - it was interesting to hear one of our lecturers participate on one of the panels. The day explored many relevant themes like distributed energy, blended finance, climate change adaptation, climate linked financial instruments, sustainable finance and ESG/responsible investment that were very aligned to the programme syllabus. The various breaks within the day’s programme also represented amazing networking opportunities with well-known and highly experienced professionals from around the world.

Which workshops, events or guest lectures at the school have been useful in developing your skills and knowledge?

I have learnt a lot from the regular weekly lunchtime talks organised by the Energy Futures Lab, as these talks have exposed me to the interesting research that Imperial students are involved in, around the theme of developing sustainable energy systems. I have also enjoyed attending workshops focused on innovation and entrepreneurship organised by the Enterprise Lab, as well as career-focused events organised by the Energy and Sustainability and Social Impact and Responsible Business Career Clubs. However, the most beneficial sessions have been the regular weekly guest lectures that have been organised as part of the programme, as these have presented unique opportunities to interact with leading experts in various industries and roles that are highly related to the themes of the programme and provided interesting work opportunities within the experts’ respective firms.

What clubs, societies or other activities have you been involved in at Imperial?

During the year, I held the position of Careers Leader on the Student Staff Committee for the programme and through this I was given the opportunity to organise the Business School’s flagship student-led conference titled ‘Defining Financial Responsibility in a Changing World’. Having won funding to organise this conference, my colleagues and I successfully hosted a day-long event for students, staff, alumni and industry professionals to discuss the emerging themes of sustainable finance and responsible investment with established industry experts across the financial services industry. I was also part of the core team that led the student club Responsible Investment Imperial, which worked to raise awareness about responsible investment within the Imperial community, while engaging the Imperial Endowment Fund on adopting a responsible investment strategy. Additionally, I held the position of Equity Research Analyst in the Energy and Utilities team of the Imperial College Business School Student Investment Fund. With the responsibility of covering the Renewable Energy sector, I was selected to present a stock recommendation to the Investment Committee of the Fund. 

How have you benefited from being part of the wider Imperial College London community, including Imperial’s Grantham Institute?

Being part of the Imperial College London community provides an array of unique opportunities to engage with cutting edge research and thought leadership from knowledge hubs, like the Grantham Institute and the Business School’s Centre for Climate Finance and Investment. In addition to research led by Imperial professors, these specialised knowledge hubs are also responsible for building and maintaining extensive networks within the industry, that I found to be extremely valuable when organising speaker events on behalf of the student club, Responsible Investment Imperial. The Imperial College London community is extremely diverse in terms of interests and skillsets and amazingly collaborative in terms of initiative and action. For many projects through the year, I have found great success in reaching out to members of the community to ask about their unique experiences with conversations often leading to new learning opportunities and potential collaborations.

Career

What are your future career goals and how have they been realised since being at Imperial?

My future career goal when joining the programme was to pivot from a career in banking to a more meaningful career focused on sustainability and climate change. Since I have joined Imperial, I have been exposed to a broad range of companies and opportunities and been given the knowledge, exposure and support to understand and pursue different career paths. Learning about the role of renewables in the future energy mix and the challenges of financing clean technology investments helped me confirm an interest in the financing of renewable energy assets. Being at Imperial enabled me to engage with companies within this niche of financial services and develop the skills required to make the career transition I desired.

Have you received any job offers since commencing your programme?

The programme requires all students to spend the summer period completing either an Internship or a Consulting Project. During the year I was fortunate enough to receive two different internship offers. I have chosen to accept the offer with Augusta & Co., a financial advisory practice focused on the renewable energy sector, as it is well-aligned to my future career aspirations.

How did the services from Careers help you secure employment/in your professional development?

Careers provided a range of useful services like regular events about opportunities available in different sectors, training workshops around CV and cover letters, online resources focused on enhancing technical skills and even tailored support on preparing for interviews and assessment centres. By far the most useful service that I used regularly was the one-on-one coaching with a Careers Consultant, which helped me formulate an application strategy, fine tune my CV and cover letters for more specific niche roles and manage multiple application processes at the same time. I would highly recommend working on a career plan before the start of the programme, so time during the year can be used effectively to take advantage of the plethora of career services provided.

How did the services from Careers help you secure employment/in your professional development?

Careers provided a range of useful services like regular events about opportunities available in different sectors, training workshops around CV and cover letters, online resources focused on enhancing technical skills and even tailored support on preparing for interviews and assessment centres. By far the most useful service that I used regularly was the one-on-one coaching with a Careers Consultant, which helped me formulate an application strategy, fine tune my CV and cover letters for more specific niche roles and manage multiple application processes at the same time. I would highly recommend working on a career plan before the start of the programme, so time during the year can be used effectively to take advantage of the plethora of career services provided.

London Location

Do you think studying in a central location such as London is beneficial for networking and career opportunities?

Being in the heart of London provides students with amazing opportunities to learn from the Business School and the City, as leading industry professionals and experts are frequently visiting Imperial to participate in student-led speaker events, panel discussions and conferences. Additionally, the location makes it easy to access student networks at other London-based colleges and juggle both student life and the pursuit of professional employment opportunities. Over the course of the year, there have been many instances where I have been able to travel to/from interviews and meetings with potential employers in between my class schedule and this flexibility is extremely valuable and convenient.

Where do you live in London and why did you choose to live there?

I live near the Southwark and Borough tube stations. I chose this location because it is a lively area with good transport links to the Business School and other parts of London. 

When you’re not studying, what do you enjoy doing?

When I’m not studying, I enjoy spending time with friends, watching movies/plays, exercising/playing sports and when I have enough time travelling outside of the UK.

If you had to move to London for the programme, what have been the benefits and challenges of moving to London?

I have been living and working in London since before I started at Imperial and I believe London is an amazing city that has a lot to offer students and young working professionals, through a range of interesting learning and work opportunities relevant to various sectors, a vibrant and unique cultural identity and a great working culture.

Tips

Looking back to when you were applying for the programme, did you attend any online webinars or on-campus information sessions?

Yes, I attended both the online and on-campus sessions and found these useful. The sessions allowed us to hear from the student ambassadors who were in the process of completing the programme and provided valuable insight into the way the programme was delivered. The sessions also represented a great way to clarify any questions I had about the application process, to view the campus facilities and to even get a taster of what teaching on the programme would be like. Above all, the best part of the on-campus sessions was meeting current students and fellow prospective applicants who were an extremely useful resource in the early days of the application process.

What advice would you give someone who is thinking about applying for the programme?

The advice I would give is to try and learn as much as possible about the programme, whether that’s through information sessions or by reaching out to current students or staff at the Business School. This will help you understand if you are truly interested in themes of the programme and if it is in fact the right programme for you. It is also important to think about where you would like to be at the end of the programme and what kind of opportunities it would allow you to access that you cannot already. When I applied to the programme, I was certain this was the right for me because I was interested in exploring the themes covered in the syllabus and I recognised the opportunities it would be able to prepare me for. I can now confidently say, that undertaking this challenge has been one of the best decisions I have ever made.

Programme:
MSc Climate Change, Management & Finance
Nationality:
UK, British
Undergraduate education:

BSc. (Hons) Economics, University of Wawrick

Job after Imperial College Business School:

Intern, Augusta & Co.