Bank of America Merrill Lynch Interview Questions

902 total interview insight submissions

Interview Experience (95%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.8
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (94%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

2.9
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (97%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

68%
  • 0%
  • 20%
  • 40%
  • 60%
  • 80%
  • 100%
  • 10%
  • 30%
  • 50%
  • 70%
  • 90%

Interviews at Bank of America Merrill Lynch

YearPositionLocationGroup/DivisionExperienceDifficulty
2022Enterprise Credit Summer AnalystCharlotteCredit RiskVery PositiveAverage
2019InternLondonPrime BrokerageNeutralDifficult
2023Investment Banking AnalystHong KongInvestment BankingNegativeAverage
2023Enterprise Credit Summer AnalystNew York CityERS - Enterprise Risk ServicesNeutralAverage
2022summer intern glib creditLondonCredit RiskPositiveAverage
2021Commercial banking/credit internBostonCommercial BankingVery PositiveAverage
2022Quantitative Strategies internLondonQuantitative ResearchPositiveAverage
2022Corporate Banking Summer Internship LondonCorporate BankingNeutralAverage
2022Wealth Management InternCharlottePrivate Wealth ManagementNeutralAverage
2022FMAP AnalystNew YorkGeneralistPositiveEasy

Enterprise Credit Summer Analyst Interview - Credit Risk

Anonymous employee in Charlotte

Outcome

Accepted Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

4-5 months
Interviewed: November 2022

Application

Other

Interview

You start with a hirevue Interview, usually All behavioral questions. Then you move onto 3 in person interview rounds, one might include 2 people at once, and if the like you, you’ll get a call back with an offer.

Interview Questions

What are the 3 C’s of credit? What do you look when thinking about the financial health of a company?

Intern Interview - Prime Brokerage

Anonymous interview candidate in London

Outcome

No Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: November 2019

Application

Phone Interview
Skills Test
IQ / Intelligence Test

Interview

Hirevue interview questions, followed by a 1-on-1 video interview on Prime Brokerage. Mix of competency and technical questions.

Interview Questions

-explain to me prime brokerage
-what is Rehypothecation

Investment Banking Analyst Interview - Investment Banking

Anonymous interview candidate in Hong Kong

Outcome

No Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: January 2023

Application

Group Interview

Interview

First got 3:1 group interview with junior analysts on Zoom, then after a week had 2:1 interview with VPs at the office

Interview Questions

Why did you fail to pass the summer analyst interview last year? Can you answer them now?

Enterprise Credit Summer Analyst Interview - ERS - Enterprise Risk Services

Anonymous interview candidate in New York City

Outcome

Declined Offer

Interview Source

Applied Online

Length of Process

Less than 1 month
Interviewed: January 2023

Application

Phone Interview
IQ / Intelligence Test

Interview

Was given an IQ test to complete and then a hirevue afterwards. My hirevue was not working so they gave me a phone interview. Person I spoke to was nice and asked the basic "why this positon" type questions. I was then given another interview with the team and they asked more intensive role related questions. Overall a standard interviews with nothing too outside the norm.

Interview Questions

Need to have good knowledge of financial statements and multiples

summer intern glib credit Interview - Credit Risk

Anonymous employee in London

Outcome

Accepted Offer

Interview Source

Applied Online

Length of Process

2-3 months
Interviewed: November 2022

Application

1 on 1 Interview
Presentation
Skills Test

Interview

Hireview right after submitting application, then online assessment centre (1 case study its, 1 fit its, 1 technical its)

Interview Questions

tell me about a time when you provided quality service to a client
talk about a time when you exceeded your manager's expectations

Commercial banking/credit intern Interview - Commercial Banking

Anonymous employee in Boston

Outcome

Accepted Offer

Interview Source

Applied Online

Length of Process

1-2 months
Interviewed: September 2021

Application

Phone Interview
1 on 1 Interview
Background Check

Interview

Summer internship recruiting starts in September. First round interviews are Hirevue. Second round interviews are virtual with team members. Offers come out shortly after, maybe 1-2 weeks.

Interview Questions

How do Fed interest rates affect lending and the financial markets?
Explain what the LIBOR lending rate is
What do you think the bank looks for in a corporate or commercial client?

Quantitative Strategies intern Interview - Quantitative Research

Anonymous employee in London

Outcome

Accepted Offer

Interview Source

Applied Online

Length of Process

2-3 months
Interviewed: January 2022

Application

Phone Interview
1 on 1 Interview

Interview

Applied online in October and shortly after I got invited to do a pre-recorded video interview. In January I then got invited to a virtual assessment centre, where I had 3 back-to-back interviews (questions from the topics of math, statistics, programming, and a little finance).

Interview Questions

How do you find the squareroot of a number without using the squareroot function? (programming)

Corporate Banking Summer Internship Interview - Corporate Banking

Anonymous employee in London

Outcome

Accepted Offer

Interview Source

Applied Online

Length of Process

Less than 1 month
Interviewed: November 2022

Application

Phone Interview

Interview

It was a hirevue sent immediately after submitting the application. Questions were basically SJT’s. Questions asked:
Tell us about yourself
Tell us about a time you worked in a team
Tell us something in the news that affects your division of choice
I would advice to familiarise yourself with self interview because it is only once you get to answer the questions.

Interview Questions

The most difficult part was the hirevue being done only once. You can’t repeat your answers!

Wealth Management Intern Interview - Private Wealth Management

Anonymous interview candidate in Charlotte

Outcome

No Offer

Interview Source

Applied Online

Length of Process

2-3 months
Interviewed: November 2022

Application

Phone Interview
1 on 1 Interview
Background Check

Interview

It was a very long waiting period, they would get back to me months later regarding any information. There is also no direct contact person to connect with. It was a hireview with 5 questions then the super day of 2 back to back interviews.

Interview Questions

- Describe a time where you had to deal with a difficult client/coworker? How did you approach them?

FMAP Analyst Interview - Generalist

Anonymous employee in New York

Outcome

Accepted Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: July 2022

Application

Phone Interview
1 on 1 Interview

Interview

Invited to a first round interview through NABA. First round interview was mostly behavioral - in essence tell me about yourself, why Bank of America, what are your strengths and weaknesses etc.

Second round was a short phone interview that was technical and required knowledge of bank loans, interest rates, and the time value of money.

Interview Questions

The most difficult question was about bank lending and deposits and calculating net income earned.