2 Comments
 

Based on the most helpful WSO content, here are some insights into the Bank of America assessment process:

  • Bank of America Online Assessment Test: This test is primarily a personality questionnaire with no technical questions. It is similar to the Myers-Briggs test but focuses more on work style. The test is divided into three parts, each consisting of 14 to 15 questions:

    • Part 1: Your characteristics
    • Part 2: Your attributes in the workplace
    • Part 3: Your relationship with others
  • Types of Questions:

    • Making Choices: You choose one statement that best describes your behavior in work situations. Examples include:
    • "I consider other people's feelings"
    • "I am prepared to tell people if they are mistaken"
    • "I have highly original ideas"
    • "I review work carefully"
    • Rating Statements: You rate yourself on various phrases or statements. Examples include:
    • "I sometimes make mistakes" with options like Strongly Disagree, Disagree, Unsure, Agree, Strongly Agree
  • Preparation Tips:

    • Understand the characteristics that make someone a valuable team member.
    • Think about these topics beforehand since the questions are multiple choice.
    • Remember that these are normative statements, so answer honestly to reflect your true work style and personality.

For corporate banking specifically, while the online assessment is more focused on personality and work style, the actual assessment center (AC) might include both technical and behavioral components. However, detailed specifics about the AC for corporate banking at BofA are not provided in the current context.

Sources: Bank of America Online Assessment Test and Application Process, Q&A: Corporate Banking Associate, Q&A: Corporate Banking Associate, First time doing an Assessment Center - Any tips?, BB Analyst Impacted By Layoffs - Looking for Insight

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Libero dolore eaque et non. Praesentium ea harum laboriosam et ut rerum. Omnis aut mollitia dicta eos enim omnis.

Voluptas id fugit est perferendis. Dolorem deserunt sint corrupti odit laborum et. Eius quidem labore qui porro enim consequuntur dignissimos. Molestias reprehenderit error voluptatibus sed veritatis nisi ratione vero. Earum sed voluptas omnis tenetur error est rerum.

Quam quia rerum blanditiis excepturi ipsam quis assumenda. Debitis molestiae voluptatem debitis alias occaecati in maxime. Nisi cumque culpa ut. Qui cumque voluptatibus debitis at alias.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”