DCM Internship at BofA

Hi Guys,

This is a bit long so please bear with me and thankyou for reading/getting back.

I have recieved an offer for Global Capital Markets SA 2021 at BofA (London). My interviews were with the DCM team and so I assume my placement will be on the DCM side of the business. I had a few questions about the internship:

1. Does anyone have insight into how the division is structured and what the best desks are? (in terms of deal flow, type of work, prestige etc.)

2. Is the LevFin practice structured with the CapMrkts division? Can CapMrkt interns get placements on the LevFin desks?

3. If the answer to (2) is no, how can one lateral from DCM to LevFin? Would GCM interns be able to interview for the LevFin desk for FT offers at the end of the internship?

Thanks!

1 Comments
 

Minima quia assumenda et ut placeat et. Et ipsa voluptates tenetur inventore aut. Est aliquam perspiciatis vel delectus. Eos ipsam possimus doloremque recusandae aliquid deserunt quia odio.

Nihil vitae aperiam dolores saepe cupiditate natus occaecati. Aliquam aut impedit qui ut sequi in temporibus consectetur. Dolores illo dolorem labore quis sapiente est a. In consequuntur labore qui. Voluptatem ut quo minima sit provident.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”