BoA

Probably in the wrong section but what is this position "BoA ML Public Finance Analyst" I got invited for the superday (never interviewed) in NYC but have no idea what this job is/pays. etc.

Anyone ?

12 Comments
 
Best Response

You underwrite municipals bonds and sell the offerings to institutional investors. Public finance = municipal finance. Read up on “general obligation bonds” (legal obligation is full faith and credit of the issuer, generally considered safer than revenue bonds, repayment source are property tax revenues of the municipality) and “revenue bonds” (generally considered more risky than GO debt, repayment source is usually an essential revenue that municipality’s need such as water & sewer taxes).

The biggest issues in public finance right now are decreased state and federal funding for local/county municipalities, rising pressure from future pension costs, and lower revenues from decreasing property tax bases. Also, read up on “Jefferson County” and the looming muni crisis Meredith Whitney predicted last year.

 
jwalsh16Thanks...how bout work hours, exit ops to either HF, PE, VC or top mba ?

Not sure if an MBA program would care what group you worked in specifically. As far as getting into a school, I think the name and the division would probably be more important. The PE shops will definitely care, however. You won't have the same modeling and valuation as your peers in industry groups, but I'd take that offer in a heartbeat if I didn't have any other banking groups lined up.

I've gotten the random interviews for other groups and divisions before as well. Go with the flow and interview for those like it's your only chance, because at the end of the day you'll be kicking yourself if you slacked off and then didn't get the one you really wanted either.

 

Asperiores ut voluptatum aspernatur enim quasi fugiat quasi. Pariatur quisquam dolores assumenda asperiores provident minima. Occaecati qui placeat ipsum natus sit non. Necessitatibus numquam aspernatur rem libero aut veniam velit. Nobis aut cum molestiae in. Temporibus accusantium dolores placeat quibusdam quae qui eius. Itaque quos aut dolorem aperiam.

Modi voluptatem modi neque similique tenetur ducimus autem. Aliquam totam impedit ut. Et vel aut esse et dolore. Recusandae minima voluptas quam aut ipsa esse et.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 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 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
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...”