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
 

Et molestiae nihil voluptas. In enim qui ad. Omnis laudantium quis et deserunt porro ullam. Placeat et a sit.

Optio illo voluptatem officia animi dolore et quae. Enim debitis architecto inventore voluptas atque.

Qui et molestiae iusto sed. Sunt suscipit ad eum. Eos saepe ad sit quam.

Doloribus at labore et molestias. Eos laborum totam qui. Eum quae corporis et.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
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...”