Spring Intern Review

Gained an insight into Global Corporate and Investment Banking (GCIB) and Technology at Bank of America. For GCIB: 1. Networked with senior bankers from M&A, Capital Markets and Corporate Banking. 2. Gained an insight into the firm's strong client relationships via an introduction to an M&A case study. For Technology: 1. Presented a cyber security case study to other Spring Interns. 2. Connected with representatives from across Global Technology.

I have learnt how to effectively network with Bank representatives, and retain strong relations with my network. During the analysis of the M&A case study, I have developed a deeper understanding of what investment bankers look at when advising companies on their transactions, namely the technicals they leverage to value companies, and determine potential deal synergies.

Bank representatives gave a clear insight into the internship opportunities available in the firm's various business areas. Senior representatives from our chosen business lines gave a clear overview of the function of their division, and what role they play at the bank within their division.

On the first day, we played Musical Bingo, which was very enjoyable and showed Bank of America valued work-life balance. We gained various insights during the week into the firm's deep commitment to charitable initiatives, namely its recent partnership with The Trussell Trust, and their continuing investments driving diversity and inclusion.

The Insight was incredibly enjoyable. I particularly liked the networking session within Global Corporate and Investment Banking as this gave me a chance to gain a real insight into their work on deals, and the firm culture. The M&A case study gave a really unique view of how a typical M&A deal lifecycle, and how the various sub-divisions get involved during the process.

Yes

Know your CV inside-out. Be able to explain how each experience has contributed towards you wishing to work at an Investment Bank, and what skills can be transferred from each of your experiences. For the M&A case-study during the Assessment centre, know some high-level technicals in some depth, namely Valuation Methodologies, Valuation Multiples, Enterprise Value vs Equity Value, 3 Financial Statements. Try and network with those at Bank of America to understand company culture.