Investment Banking 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

4/5
  • The Role
    4.3
  • The Company
    3.6
  • The Culture
    4.1

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I really enjoyed my internship at Bank of America Merrill Lynch. Interns were constantly respected and supported, and I was able to work on a broad range of projects, which was great for learning more about what the job entails. The firm also organised several intern events throughout the summer.

    5/5

  • 2. To what extent did you feel valued by your colleagues?
  • My colleagues always told me when my work had been valuable for them. Despite their busy schedules, many of my colleagues took the time out of their day to help me develop my technical skills, which I appreciated greatly.

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • I had no experience in finance prior to my internship, and my supervisors were very supportive in helping me learn. We had a strong support network including mentors, staffers and buddies, who were there to take care of the interns' well-being and personal development.

    4/5

  • 4. How busy were you on a daily basis?
  • My business largely depended on the day. On some days I was incredibly busy, trying to balance several projects at once, whereas other days were slightly more quiet, which I used to learn more about the computer programmes we were using.

    4/5

  • 5. How much responsibility were you given during your placement?
  • The level of responsibility depended on the project. Interns were also given responsibility based on their performance and experience, which was good.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • I am a lot more capable of handling unfamiliar situations and tasks. I am also more aware of my capabilities, and developed many transferable skills. Furthermore, the skills I developed will help me in my career after university.

    5/5

    The Company

  • 7. What was the general atmosphere in your office?
  • The general atmosphere was hard-working yet friendly. Obviously it was slightly more quiet as it was summer time. It was very supportive, and I felt like I was able to talk my superiors if I was uncertain about any task I was given. Everyone seemed to work well together, and it definitely seemed like an environment I would want to work in.

    4/5

  • 8. How well organised was the overall work placement or internship set up?
  • We had one week of training in the beginning, which included workshops in accountancy as well as numerous introductory talks. My division had a pooled system, which was good as it meant that I was able to work with several teams, and see what area I was most interested in working in. We had a strong support system that included a staffer, development officer, mentor and buddy, which meant we always had someone to talk to. We had many intern events throughout the summer, during which we could talk to the business representatives.

    4/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • My colleagues took a lot of time out of their days to teach me about the companies/industries I was working with, as well as technical skills. We also had a week of training in the beginning, which was very useful for those of us who had never studied it before. However, the personal training and development was also dependent on one's proactiveness. If an internsaid they wanted to learn more about something specific, they would usually get the opportunity to do so.

    4/5

  • 10. What were the perks on your work placement?
  • Flexi Time

    Subsidised Canteen

    Sports and Social Club

    Company Car

    Subsidised/Company Gym

    National Travel

    International Travel

    Financial Bonus

    Company Parties/Events

    Staff Sales/Staff Shop

    Above 25 days holiday

    Working from home

    Healthcare from home

    Healthcare/Dental

    Travel loan

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • At least during my internship the firm was hiring quite a lot, and a lot of interns received full time offers.

    4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • A lot of the interns would go out occasionally on weekends. The interns got along well together.

    4/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • The cost of living is extremely high. However, the central location of the office meant that great bars and restaurants were closeby.

    4/5

  • 14. What was the Nightlife like in the area you worked?
  • London has a great, but expensive, nightlife.

    5/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • Many interns participated in a charity run, and the firm also organised sports games in the evenings.

    4/5

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Details

Internship (1 Month+)

Investment Banking

London

November 2014


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