Investment Banking Summer Analyst Review

by Bank of America

Best Student Employer

Rating

4.9/5
  • Skills
    4.8
  • Responsibilities
    5.0
  • Support & Guidance
    5.0
  • Culture
    4.8
  • Your Impressions
    5.0

    Overview

  • 1. Please give an overview of your role and what this involves on a day-to-day basis.
  • Internship was fully virtual due to COVID. Assisted on a couple of live deals as well as engaging with internal projects and ad hoc work as requested by analysts/associates over the 10 week internship. Interacted daily with deal-team members. Deal responsibilities were mainly process-type tasks (as opposed to technical) - reflecting the stage the deals were at.


    Skills

  • 2. Have you learnt any new skills, or developed your existing skills?
  • Key skills developed: - Ability to work under time pressure and manage conflicting commitments - Attention to detail - lots of time spent double-checking work - Networking - lots of encouragement from Junior Talent Team (HR team running intern programme) to network; colleagues were very receptive to networking requests


  • How would you rate the training provided during your experience?
  • 5/5

  • How would you rate your development of industry-specific skills during the experience?
  • 4/5

  • How would you rate your development of personal / soft skills during the experience?
  • 5/5

  • Please rate how these skills have helped you in your career development
  • 5/5

    Responsibilities

  • 3. Were you given much responsibility during your placement / internship?
  • Yes - felt like a valued member of the team. Produced materials that went to the client and assisted with internal projects where I worked with senior colleagues.


  • Please rate how meaningful the work you were doing was
  • 5/5

    Support & Guidance

  • 4. How much support and guidance did you receive during your placement / internship?
  • Interns were assigned a Buddy (analyst/associate for day-to-day queries), Development Officer (akin to a line manager) and Mentor (senior colleague for general discussions). Mid- and End of Internship Reviews took place with Development Officer where feedback was provided and your progress was discussed. Junior Talent Team also ran weekly drop-in sessions for any issues and were transparent about the resources available.


  • How would you rate the support and guidance from your line manager?
  • 5/5

  • How would you rate the support and guidance from the wider team?
  • 5/5

    Culture

  • 5. What was the company culture and general atmosphere like?
  • Positive, friendly atmosphere where questions were encouraged. Atmosphere within my team was also very good with people being willing to help and spare their time. Junior Campus Team ran a number of initiatives throughout the internship such as sessions with senior speakers within the bank (CEO, division heads etc.), introductions to the various diversity networks across the bank, an education-related volunteering activity, and entertainment-type experiences e.g. art exhibition virtual tours.


  • How would you rate the inclusiveness of the culture?
  • 5/5

  • How would you rate the social opportunities?
  • 4/5

  • How would you rate the diversity initiatives?
  • 5/5

  • How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
  • 5/5

    Your Impressions

  • 6. To what extent did you enjoy your placement / internship?
  • Overall very enjoyable experience. Investment banking hours were unsurprisingly long but I felt valued within the team and appreciated the effort put into running the programme - I would go back.


  • Please rate your level of enjoyment on your placement / internship
  • 5/5

  • Please rate how your experience met your expectations
  • 5/5

  • Please rate the future employment prospects at Bank of America
  • 5/5

  • 7. Would you recommend Bank of America to a friend?
  • Yes


  • 8. What advice would you give to others applying to Bank of America
  • Apply as early after applications open as possible, remain up to date with current events for the interview stage (recent deals, financial/economic news etc), attend pre-applications events ran by HR if possible (can be a good thing to mention in interviews/application questions). IB applications guides freely available online are also useful and relevant. If you receive an offer, the training is comprehensive so little to prepare beyond checking your understanding of financial statements.


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Details

Internship (1 Month+)

Investment Banking

London

August 2021


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