I really enjoyed the virtual experience, it was quite unusual however the virtual experience meant that we had a longer training period which was really useful before we got to our assigned desks. I also believe that I gained other skills such as creating connections over the phone which I would not have had the chance to do if I were sitting in the office. So, there were some pros to the virtual experience this year.
I felt very valued during my time at the company. I was able to easily contact multiple members of different teams to book time so It was really nice to be able to learn as much as possible from people who work in slightly different jobs to get a feel for what I would enjoy most. The employees were also very helpful at answering all of my questions to ensure that I understand to the best of my ability.
I received sufficient support and guidance during my virtual experience. This was especially through my network of buddies and mentors which I contacted throughout my experience. They really helped guide me throughout my experience whether it be answering my questions or directing me to people who could answer my questions. I also received support from members of Human Resources as they provided us with clear guidance on the structure of the experience and who to contact if we had specific questions or queries.
I believe I will use the skills I have gained in my future career especially the training to do with Bloomberg and the practice in using the platform. It is very relevant for my future career path and I'm very glad I had the opportunity to use it. I also believe the soft skills I have gained such as communication in a different way (without being able to walk up to one's desk) will assist me in the future.
The virtual experience was very well structured. Human Resources gave us clear guidance on the sessions and goals for each of the weeks/sections. The internship was 6 weeks long with 3 weeks of training and 3 weeks of a desk placement. I really enjoyed the fact that there were 3 weeks of training as we were better able to go into more depth on understanding each of the asset classes (Markets Internship). This was especially useful as we didn't have rotations, so when I did approach another desk I could ask them more useful relevant questions.
The general atmosphere was very warm and welcoming whether it be the intern class or the members of the bank. Everyone was very kind and helpful and very willing to teach you and answer your questions if you were equally as willing to learn and gain as much knowledge as possible from your interactions. I would definitely recommend Bank of America as a workplace to any student thinking of applying. The culture is a good balance of hard working, intelligent individuals who are very welcoming and willing to share knowledge.
The firm invested in me a substantial amount with regards to personal training and development. I was able to figure out what I needed to work on via constant feedback which I was able to receive from my buddies and my manager. I would also say that the feedback highlighted improvements that I would not usually notice myself so that was definitely useful for me to understand and for me to work on to improve.
I would say that it was useful to get a feel for what the role may entail but slightly harder to completely imagine how it would be given that we were not able to sit on the trading floor. However, I had a pretty good idea of what the role entails to say that I would like to continue pursuing this as a full time career. I was very involved with regards to morning meetings and team meetings so I was able to absorb what a day in the life of a salesperson would look like.
The virtual experience really did help me in understanding the company's culture. This was through multiple talks and interactions with employees. There were many talks delivered by senior members of the firm including the CEO, where they highlighted what matters to the firm. One of those things is to promote racial equality which is one of the values I stand by. Bank of America has made several commitments in order to help BAME communities to attempt to close up the inequality gap.
Very Valuable - I was able to interact with the team and other members of the firm to further my understanding of Markets and of Bank of America and their values.
Yes, there were many networking opportunities to meet other employees/teams in the firm. Human Resources set up 6 small group networking sessions for each of the interns with desks that they may be interested in (they assigned this using the initial list of preferences that we submitted). These consisted of 2-4 members of a team and 4-6 interns which was a small enough group to ask all your questions and I followed up with a few teams where I had more questions or wanted to find out more. We also had the freedom to contact and set up meetings with members of other teams as well. On one of the intern forms our Managers recommended a list of people to contact and talk to which was a nice starting point to building our network.
There were two social events for the interns however it was hard to interact completely as we could not really "meet" each other during these as video was disabled. (Mostly due to the connection issued that would arise from 200 people using the video feature)
Banking - Investment
Central London and City
3rd August 2020