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Bank of America

Sales and Trading Summer Analyst Review

at Bank of America

Internship (1 Month+)

Banking, Investment Banking

London

Review Submitted: September 2022

Overall Rating

3.9 /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!

3/5 - Overview of Role
3.8/5 - Skills Development
4/5 - Support and Guidance
4.5/5 - Company Culture
3.5/5 - Overall Experience
3/5 - Future Career Prospects

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis.
Talking to different teams and finding out about the work they do.
Carrying out smaller tasks such as news reviews to send out to your team.
Were you given much responsibility during your placement / internship?
The internship gives a lot of autonomy, sometimes slightly too much. Though, you could use this time to go work on projects. The responsibility given was what you would expect of a summer intern.
Please rate how meaningful the work you were doing was
3/5

Skills Development

Have you learnt any new skills, or developed your existing skills?
Communication skills and greater knowledge of the markets.
How would you rate the training provided during your experience?
3/5
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?
4/5
Please rate how these skills have helped you in your career development
4/5

Support and Guidance

How much support and guidance did you receive during your placement / internship?
Support for the individual teams could be slightly more guided, as it did feel like interning with 3 different companies at some points. But we were matched with 'buddies' within each team which was a great point of contact. Also, some great staff who provided guidance if needed.
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?
4/5

Company Culture

What was the company culture and general atmosphere like?
Compared with other banks I have interviewed with, the Bank of America culture stood out as the best and most welcoming. Very people orientated and the majority of staff were more than welcoming and very keen to spend time with interns.
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?
3/5
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 did enjoy the experience overall and am very happy I spent my time there. I was disappointed to find out that all international students did receive free accommodation though and the British did not, considering I live an unreasonable 4.5 hours away this seems very unfair to offer this to some and not others. Also, many HR events were cancelled and it was hard to connect without WhatApp which was not allowed.
Please rate your level of enjoyment on your placement / internship
3/5
Please rate how your experience met your expectations
4/5

Future Career Prospects

Please rate the future employment prospects at Bank of America
3/5

Recommendations & Advice

Would you recommend Bank of America to a friend?
Yes
What advice would you give to others applying to Bank of America
Be honest and yourself during the interviews, remembering they have been asking all interviewees the same questions all day, don't be boring. They do not expect you to know everything when you start but an understanding of what is happening in the news and the affected markets will sure help.
In This Review
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