Investment Banking Summer Analyst

The process started with a HireVue where I got a few standard questions like “Why Bank of America?”, “Why investment banking?”, and one about a recent deal that caught my attention. About a week later, I was invited to a 1-on-1 interview with an analyst from the London IBD team. It lasted around 30 minutes and felt quite conversational, though it mixed both fit and technical questions.

He first asked me to walk through my CV and highlight an experience that best showed analytical ability. Then he moved into a few technicals — things like walking through a DCF, explaining how the three statements link together, and what happens if depreciation increases by £10. There was also a short case about a conglomerate with four business segments, and I had to say which one I’d consider selling and why. Toward the end, he asked a market-based question on a recent M&A deal and how I’d value a company facing headwinds.

Overall, it was professional and balanced not overly technical, but you definitely needed to know your basics and think logically. Communication from HR was clear, and the whole process moved quite fast, all within about three weeks.