RateMyPlacement and RateMyApprenticeship are now Higherin: Learn More

Higherin
Bank of America

Investment Banking Summer Analyst Review

at Bank of America

Internship (1 Month+)

Investment Banking

London

Review Submitted: August 2022

Overall Rating

4.7 /5

The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!

4/5 - Overview of Role
4.8/5 - Skills Development
4.5/5 - Support and Guidance
4.8/5 - Company Culture
5/5 - Overall Experience
5/5 - Future Career Prospects

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis.
Investment Banking Summer Analyst - day-to-day involves assisting senior members to prepare material relating to both the origination and execution of investment banking transactions. This involves creating and editing PowerPoint presentations, undertaking market/sector research, updating valuation models using Excel and participating in group meetings.
Were you given much responsibility during your placement / internship?
Yes.
All the individuals in the bank were very keen to grant us with significant autonomy. Provided I was willing and able to take on additional tasks where I had demonstrated my ability, there was never a time in which I was not encouraged to take on responsibility.
Please rate how meaningful the work you were doing was
4/5

Skills Development

Have you learnt any new skills, or developed your existing skills?
Absolutely! Regarding hard skills I have developed my skills in the following areas:
- Accounting
- Financial valuation
- Data synthesis
Also gained greater adeptness with:
- Excel
- Powerpoint
- Market data packages (Factset, Refinitv)
Equally, on the soft skill side, I have gained an increased ability to:
- communicate clearly and concisely and
- form meaningful connections.
- work under pressure
- meet deadlines
How would you rate the training provided during your experience?
4/5
How would you rate your development of industry-specific skills during the experience?
5/5
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

Support and Guidance

How much support and guidance did you receive during your placement / internship?
There was plenty of support throughout, both from the bank's HR department and from my immediate colleagues.
How would you rate the support and guidance from your line manager?
4/5
How would you rate the support and guidance from the wider team?
5/5

Company Culture

What was the company culture and general atmosphere like?
I was incredibly surprised by how welcoming and supportive the culture/atmosphere was at the bank. Everyone was willing to lend a helping hand wherever necessary, and people were always receptive to catching up throughout the internship.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the social opportunities?
5/5
How would you rate the diversity initiatives?
4/5
How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
5/5

Overall Experience

To what extent did you enjoy your placement / internship?
I genuinely thoroughly enjoyed my time at the bank. The internship struck a perfect balance between being sufficiently hard to provide a steep learning curve, whilst also providing ample opportunity to develop personally.
Please rate your level of enjoyment on your placement / internship
5/5
Please rate how your experience met your expectations
5/5

Future Career Prospects

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

Recommendations & Advice

Would you recommend Bank of America to a friend?
Yes
What advice would you give to others applying to Bank of America
Undertake research into the company's unique working culture and environment, ensuring that you are aware of the bank's values.
In This Review
Join Now

Join the Higherin Community

Save Time

Easily add jobs from Higherin or external platforms to keep everything organised.

Personalised Alerts

Get tailored job recommendations and updates straight to your inbox.

Exclusive Features

Access tools like application tracking, deadline reminders, and saved searches.

Stay Ahead

Be the first to know about the latest opportunities and deadlines.

Completely Free

Create an account and unlock powerful features at no cost.