Corporate Banking Summer Analyst Review

by Bank of America

Best Student Employer

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

4.3/5
  • The Role
    4.5
  • The Company
    4.3
  • The Culture
    4.1

    The Role

  • 1. To what extent did you enjoy your work placement or internship?

    • Excellently structured internship despite being moved online at late notice. Very detailed training of 3 weeks followed by 3 weeks on the desk which created a good balance of creating a core skillset and gaining practical exposure. Aside from the structure, the bank made sure that interns got to interact with each other via group tasks which made the internship much more social and diversified.

    5/5
  • 2. To what extent did you feel valued by your colleagues?

    • Despite only being with the team for 3 weeks, I felt extremely valued and treated in a mature/respectful manner. I was involved in internal and client discussions and never felt that I was treated negatively because I was an intern.

    5/5
  • 3. To what extent were you given support and guidance by management/your supervisor(s)?

    • From day one I received fantastic support by my mentorship team. This consisted of two buddies (recent grads), a mentor (senior figure on the team) and a line manager. They organised regular calls with me to check up on progress and to address any doubts/difficulties I encountered. Every single member of my team was happy to organise a quick call to catch up and welcomed me warmly, with extremely valuable career guidance and work-related support.

    5/5
  • 4. How busy were you on a daily basis?

    • During the 3 weeks of desk work I was very busy, contending with multiple streams of work and deadlines. Interns were not allowed to work longer than 55 hour weeks, and I was very close to the 55 hour limit. Work included talks assigned by the team, training modules and wider intern cohort group projects and presentations.

    5/5
  • 5. How much responsibility were you given during your placement?

    • Given the virtual nature of the internship, certain responsibilities that interns would normally be given were precluded, on the grounds of operational risk. That being said, I still had a good amount of responsibility and exposure to preparing certain presentation decks, conducting industry research and preparing financial models.

    4/5
  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?

    • Having graduated from university before the internship started, the first part of the question is inapplicable. However, moving forward I am confident that the skills and training I honed/received with help me immensely in my future career. The bank were focused on interns cultivating core skills including communication alongside more technical skills, which I believe will be imperative in any line of work in the future.

    5/5

    The Company

  • 7. What was the general atmosphere in your office?

    • Difficult to answer as the experience was virtual, but the team were very cheerful and welcoming.

    4/5
  • 8. How well organised was the overall work placement or internship set up?

    • Extremely well organised and I never felt confused with regards to the process or schedule despite working remotely.

    5/5
  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?

    • The bank took the time to run training sessions through team members that covered the core elements of the job. 3 weeks of technical training at the start also demonstrated an assiduous investment in interns.

    5/5
  • 10. What were the perks on your work placement?

    • Working from home
    3/5
  • 11. How appealing are future employment prospects within the organisation?

    • Having undertaken an internship at the firm, future employment prospects are extremely appealing, as it truly came across as a great place to work.

    5/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?

    • Limited social scene because the internship was virtual, but the bank facilitated a good degree of interaction with fellow interns which helped build camaraderie.

    5/5
  • 13. What was the cost of living and socialising in the area you worked in?

    • Worked virtually so not applicable.

    4/5
  • 14. What was the Nightlife like in the area you worked?

    • Worked virtually so not applicable.

    4/5
  • 15. Were there many opportunities to get involved in activities outside of work?

    • The bank offered the change to get involved in charitable causes through fundraising events

    4/5
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Details

Internship (1 Month+)

Commercial Banking, Investment Banking, Market Research

London

August 2020

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