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Bank of America Investment Banking Summer Analyst Interview Questions

Updated 9 Mar 2015
14 Interview Reviews

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14 Candidate Interview Reviews Back to all Interviews

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Investment Banking Summer Analyst Interview

Anonymous Interview Candidate in London, England
Accepted Offer
Positive Experience
Difficult Interview
Accepted Offer
Positive Experience
Difficult Interview

Application

I applied online. The process took 4+ monthsinterviewed at Bank of America (London, England) in January 2013.

Interview

Got a call to attend AC that was on a saturday between 9am - 3pm. We were 18 people from variety of backgrounds. The structure of AC was following:

1) Numerical test: SHL but a bit harder than online. 32 questions in 35 minutes.

2) Individual case study: We got a booklet and 1h to prepare the presentation. We had the next step which is "group discussion" in between actually preparing the case and presenting it to 1 VP for 10 minutes. Afterwards you get questions based on the case and your presentation. Be ready to know things about the companies you are presenting about and to defend your choices. Might slip in some random technical questions.

3) Group discussion: We were 6 people that had different roles and the object was to choose a CSR project among four different alternatives based on certain criteria. You get a booklet where you can read about your role, about the project and the objective.

4) Individual interview: I had one interview with only one VP. Mostly fit questions and I got no technical at all.

Interview Questions

  • * How does 100 MUSD increase in amortization affect the three financial statements?   Answer Question

Negotiation

Standard offer.

Other Interview Reviews for Bank of America

  1.  

    Summer Analyst - Investment Banking Interview

    Anonymous Employee
    No Offer
    Positive Experience
    Difficult Interview
    No Offer
    Positive Experience
    Difficult Interview

    Application

    I applied online. The process took 4 weeksinterviewed at Bank of America in February 2015.

    Interview

    Applied in late October, got a first round phone interview in early Jan. Two weeks later, got word that I was selected for a superday in NYC. Flew out on 24 hour notice from California. 1.5 Hour superday, exciting process, and my first IB superday. Unfortunately, was placed on hold and haven't heard back, so I accepted another offer rather than waiting.

    Interview Questions

    • If an acquisition is financed through debt, cash, or equity, will it be accretive or dilutive? Why?   Answer Question
  2. Helpful (1)  

    Investment Banking Summer Analyst Interview

    Anonymous Interview Candidate
    Accepted Offer
    Accepted Offer

    Application

    I applied online – interviewed at Bank of America.

    Interview

    Applied online and underwent the accelerated interview process. Had 3 interviews, each were about half an hour long- all were with pretty senior people at the firm, and two rounds were with individuals in IBD, and the other was with S&T. They were all extremely kind, though the environment felt different for each interview (depending on the personality of the interviewer). Mainly fit questions, (walk me through your resume, tell me about yourself) and a few valuation questions (DCF, valuation football field).

    Interview Questions

    • This wasn't challenging, but the question was a bit different from the others: What is the difference between a leader and a manager?   Answer Question
  3.  

    Investment Banking Summer Analyst Interview

    Anonymous Employee
    No Offer
    Negative Experience
    Average Interview
    No Offer
    Negative Experience
    Average Interview

    Application

    I applied through college or university. The process took a dayinterviewed at Bank of America in January 2015.

    Interview

    Submitted a resume via my school's career site. Was invited for an on campus interview. Met with two bankers from the Chicago office, who focused mostly on strange behavioral questions. They really pressured me into explaining why I came to this school, instead of an Ivy League school, which I found strange. They didn't seem to interested from the beginning, and I received an email the next day that told me I had been rejected.

    Interview Questions

    • Why did you choose to come to this school over any other school?
      How would you value a highly distressed firm?
       
      Answer Question
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Interview Review


  5.  

    Investment Banking Summer Analyst Interview

    Anonymous Employee
    No Offer
    Neutral Experience
    Difficult Interview
    No Offer
    Neutral Experience
    Difficult Interview

    Application

    I applied through college or university. The process took a weekinterviewed at Bank of America in January 2015.

    Interview

    Interviewed on campus for a summer internship. Had previous connections with the bank from networking, but the interview was fairly rigid and they did not seem interested in any past interactions with other bankers. Interview was about 50/50 technical and behavioral.

    Interview Questions

  6.  

    Investment Banking Summer Analyst Interview

    Anonymous Employee in Chicago, IL (US)
    No Offer
    Average Interview
    No Offer
    Average Interview

    Application

    I applied through college or university. The process took a weekinterviewed at Bank of America (Chicago, IL (US)).

    Interview

    First round phone interview from on campus application, got a call later that day for a superday at the end of the week.

    Interview Questions

    • If someone offered you $1000 today or paid out at $100 a month over the next ten months, which would you take?   2 Answers
  7.  

    Investment Banking Summer Analyst Interview

    Anonymous Employee in New York, NY (US)
    No Offer
    Easy Interview
    No Offer
    Easy Interview

    Application

    I applied through college or university. The process took 4 weeksinterviewed at Bank of America (New York, NY (US)).

    Interview

    One first round interview - 2nd round super day

    Interview Questions

    • Not a very technical interview - did not seem to interested in recruiting from my school.   Answer Question
  8. Helpful (1)  

    Investment Banking Summer Analyst Interview

    Anonymous Employee in State College, PA (US)
    No Offer
    Positive Experience
    Difficult Interview
    No Offer
    Positive Experience
    Difficult Interview

    Application

    I applied through college or university. The process took 2+ weeksinterviewed at Bank of America (State College, PA (US)) in January 2013.

    Interview

    They gave me a phone interview at first round. Very technical, very interesting. It is all questions from the WSO, but I did not read though it so it's basically a tragedy. That's also how I end up with getting no second-round invitation.

    Interview Questions

    • How the depreciation expense affect the balance sheet?   Answer Question
  9.  

    Summer Analyst Investment Banking Interview

    Anonymous Interview Candidate in Charlotte, NC (US)
    Accepted Offer
    Positive Experience
    Easy Interview
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied through college or university. The process took a dayinterviewed at Bank of America (Charlotte, NC (US)) in January 2013.

    Interview

    Straight-forward, not intimidating, were extremely nice and they genuinely cared about every single thing that I had to say. I only had to travel to Charlotte to interview which was great. Make sure you arrive promptly, prepared, and professionally dressed.

    Interview Questions

  10.  

    Investment Banking Summer Analyst Interview

    Anonymous Employee in Smith Mills, MA (US)
    No Offer
    Average Interview
    No Offer
    Average Interview

    Application

    I applied through college or university. The process took a dayinterviewed at Bank of America (Smith Mills, MA (US)) in February 2012.

    Interview

    Behavioral questions: tell us about yourself, why investment banking? what do you think of FB IPO? What do you think will happen to Facebook? What was your experience working in a team?

    Interview Questions

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