The Launch Internship at EY is an amazing experience! I truly enjoyed my internship and made some valuable connections along the way. As for the skills needed, I would say to bring your best attitude and be open to learning from others. The firm will train you on everything, and they will make sure that you are comfortable with their software and programs before sending you off with an assignment. For training, they usually send all the Launch interns to one office (I went to San Jose last year) and you spend about 5 days getting familiar with the firm's policies and values. You also get to meet other interns, and they set up activities to help everyone bond with one another. The will also spend time going over how to succeed in the internship. My favorite aspect of the Launch internship is the exposure to various service lines because it helped me decided which service line I want to focus in. For career progression, Launch interns are usually in that program for 1-2 summers, and the Launch internship can lead to a client serving internship focused in one service line (such as tax or audit), and that internship can lead to a full-time offer.
I did the launch pro gram where I did two internships. During my first internship I did two rotations in audit and tax. For audit I spent my days ticking and tying workpapers and documenting controls. For tax I inputted K-1 information into excel and worked on a presentation for a tax reduction plan for a prospective client. During my second internship I did tax returns.
The Launch Internship is an early internship program at EY for minority college students. It allows students who are not yet eligible for the client-serving internship to get a glimpse at what it's like to work at EY and to work in an office setting in general. Launch interns can either be designated as Northeast (in the NYC metropolitan area) or Financial Services; Northeast Launch interns work on teams that serve clients in many different industries throughout the Northeast region, while Financial Services (FSO) Launch interns work with banking and capital markets, wealth and asset management, and insurance clients. Because the internship is rotational, interns have the opportunity to work on a few different teams. For example, I worked in Audit, International Tax Services, Risk Advisory, and Americas Diversity and Inclusiveness. During these rotations, I either shadowed one person on the team or worked side-by-side with the teams on their projects.