Investment Banking Summer Analyst

Group/Division/Type
Investment Banking
City
New York
Interviewed
September 2017
Overall experience
Very Positive
Difficulty
Average

General Interview Information

Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
1-2 months

Interview Details

What did the interview consist of?
Phone Interview
Group Interview
Please describe the interview / hiring process.
I was selected for the accelerated process. My first round was over the phone with an associate in E&P. It was a mix of going over my resume and technical questions. She asked about my past work experiences and some bullet points I had on there. Only technical was about how the three financial statements linked. I went into a lot of detail so she stopped there and asked if I had questions. The superday was 3 panel interviews, but my last interview was with just one person, a VP. The first panel interview was tough, the Lev Fin VP grilled me on my corporate banking experience and the associate from healthcare asked follow ups. No technicals, just resume stuff and why BAML after the "tell me about yourself". Second panel interview was much more laid back. It was with a VP from TMT and one from Sponsors. Standard "tell me about yourself", then again with the past internships. Why IB, why BAML. I told them I was interested in their groups and why after they asked about the different valuation methods. I left out LBO, to which the sponsors VP raised an eye brow, I quickly added it. Then I somehow ended up doing a super simple LBO, I guess he wanted to know if I knew what I was talking about. TMT Vp asked about DCF after that, then got really technical with why UFCF etc. I answered everything well and then it was just a conversation from their on. Last interview was with a FIG VP. Super chill guy, asked how the other interviews went. It was mostly a conversation. Asked why IB, why BAML, why I was interested in TMT and Sponsors, told me about his career, why FIG etc., and wished me luck when time ran out.
Overall Company Rankings
Blurred content of Overall Company Rankings Blurred content of Overall Company Rankings

Want Access to these Bank of America Merrill Lynch Overall Company Rankings?

  • Free 1 month access by adding just 1 salary datapoint here
  • REAL salary bonus data across 1,000+ companies
  • Plus free 1 month access to 10,000+ interview insights

Was this interview insight helpful?

How many stars would you give to this interview insight?

No votes have been submitted yet.

Other Interview Data

Associate (Vice President)
Goldman Sachs, CHICAGO, 2016
Trader (Vice President)
HSBC, New York, 2022
Vp (Vice President)
Morgan Stanley, New York, 2021
Vp (Vice President)
Morgan Stanley, New York, 2021
Quantitative Strategist (Vice President)
Morgan Stanley, NA, 2020

Unlock WSO Database

1 month free. Add your own pay data.