Summer Insight Intern 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

4.6/5
  • About You
    4.5
  • The Company
    4.7
  • Everything Else
    4.8

    About You

  • 1. To what extent did you enjoy the insight?
  • I enjoyed the insight week immensely, we were treated with great respect by the HR team and by other senior employees which was great to experience. Having not completed any insight weeks or similar internships in the past I did not know exactly what to expect. I was very happy to come in to the office each morning as I knew that I would be experiencing something different to the day before.

    5/5

  • 2. To what extent did you feel valued during your time at the company or firm?
  • I felt extremely valued at Bank of America Merrill Lynch, we were given the opportunity to network with numerous employees of all levels and this showed me that the Bank value the networks that are created during insight weeks. This also showed me how much effort members of the Bank put in to make sure our experience flowed well, which in turn made me feel extremely valued.

    5/5

  • 3. How much guidance/support did you receive during the insight?
  • Throughout the duration of the Insight week at Bank of America Merrill Lynch we were always encouraged to ask as many questions as possible. There was a HR team who organised and looked after our activities and they were extremely clear with all the guidance they gave us. We also received an excellent handbook with lots of helpful information to guide us through the experience.

    5/5

  • 4. To what extent did/will the skills you developed, and information you received, assist you in your degree studies and beyond?
  • It was clear throughout the Insight week that the Bank were making an effort to develop our skills, and not just trying to sell their firm to us. An example of this was one of the sessions that we attended, led by comedian Deborah Frances-White. This session developed my inter-personal and communicational skills greatly and I will definitely take what I learnt with me throughout my studies and in to my career in the future.

    4/5

    The Company

  • 5. How well structured was the insight?
  • The insight week was extremely well structured. We were sent a clear timetable weeks before starting with the Bank and the activities always finished and started on time. This made it very easy to know where we should be at all times, and reduced any pressure that I felt that would have arisen out of uncertainty of timing.

    5/5

  • 6. How was the general atmosphere during your insight?
  • The atmosphere during the insight week was formal but very friendly. My fellow interns did not seem to act as though we were competing for places on a Summer internship, but more in a way that we were all there to learn and develop ourselves for our careers in the future. I feel that this is down to the way that Bank of America Merrill Lynch treated us; with trust and mutual respect.

    5/5

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

  • 8. To what extent did the insight help you to understand what it would be like to have a full time role with the company or firm?
  • I felt that the knowledge I gained throughout the week has been invaluable in influencing my decision in further pursuing a career in banking. This is particularly because I was given the opportunity to shadow an Analyst at the firm in a one-to-one environment. I learnt an incredible amount for the short period of time I was at the bank.

    5/5

  • 9. How much did the insight help you in understanding the company culture?
  • The bank made a great effort to ensure we found out what it is like to work for them, and they showed us exactly how they feel their culture has changed and adapted, particularly with the acquisition of Merrill Lynch in 2009. The culture at BofAML was very interesting; it is clearly a team effort and all the divisions work together to provide the most effective solutions for clients.

    5/5

  • 10. How valuable was the content in helping you to decide on your future career path?
  • 5/5

    Everything Else

  • 11. Were you paid or reimbursed adequately for this experience?
  • Bank of America Merrill Lynch covered all expenses for the duration of the insight week. These included travel to London, travel to the office, accommodation. The Bank paid for all of our drinks at networking events, and a three-course meal at the networking dinner. We were also provided with a very enjoyable breakfast and lunch each day.


  • 12. Were there opportunities for networking and meeting other employees of the company or firm?
  • It was clear that Bank of America Merrill Lynch realise the huge importance of networking. This was reflected in the programme by the numerous opportunities we received, such as; networking breakfasts/ lunches/ dinner and an event entitled 'Speed Networking' which involved ten minute sessions where we able to talk to employees from many different divisions and get an insight in to their day to day activities.

    5/5

  • 13. How were the networking/ social event opportunities?
  • 5/5

  • 14. Did you find out about activities that employees can get involved in outside of work?
  • During the networking breakfast representatives of the different divisions within diversity joined us. These included representatives from the military network and LGBT network among others. They made it clear that employees are encouraged to involve themselves in these causes. I also found out about other opportunities within the bank from various employees, an example of these was the option to get involved in touch rugby with other members from different teams in the firm (which is a great opportunity to expand your network within the bank).

    4/5

  • 15. Would you recommend this insight to a friend?
  • I would absolutely recommend the Bank of America Merrill Lynch summer insight programme. I learnt an incredible amount about banking which has no doubt helped me in deciding my future career. The way the bank treated us was exceptional, and I met some tremendously talented people that I hope to work with in the future.

    5/5

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Details

Insight / Vacation Scheme (< 4 Weeks)

Investment Banking, Computer Science

London

September 2015


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