BofA Office Mobility Help!!
Sophomore here from a non target who just received an offer from BofA IB. Only thing is I’m being placed into NYC, and ultimately I want to end up in LA FT. How possible is an office transfer after the internship assuming I perform really well?
Additionally, if that’s not likely - would it be ultimately better to decline and keep recruiting? I know that’s also a risk but I have huge chanced a to land in debt at JPM and also an internship in PE (referrals at both places), which would both be in LA.
Any advice would be really really appreciated - thank you so much.
Based on the most helpful WSO content, transferring offices within a bank like BofA after an internship is not impossible, but it can be challenging. Here are some key points to consider:
Office Transfers Post-Internship:
Declining and Continuing to Recruit:
Alternative Strategy:
Ultimately, the decision depends on your risk tolerance and how confident you are in securing the other opportunities. If you value certainty and the prestige of a BofA NYC internship, it might be better to accept and strategize for a future move to LA.
Sources: LA IB to NY PE Feasible?, Bank of America is Paradise, JP Morgan Officially about to Cancel Summer Internships and Freeze Hiring, JP Morgan intern switching divisions, What is life like in an IB satellite office?
Take the BofA IB offer–already lucky to have gotten it from a non-target.
Understand that the LA IB scene has significantly fewer seats than NYC, and probably the lowest out of any T1 city that have EB/BB presence.
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