How does the referral system at BofA work?

The question is in the title. I have heard the way it works is that the staffer from each group will ask the group for names of people BofA should interview. Can someone confirm if that's the way it works?

8 Comments
 

Staffers are much more important for group placement. As above person said, campus teams are much more involved in getting the initial offer.

I am sure staffers have a say in recruitment but I would focus on your school team if you have one. Plus all the staffers are super busy running the internship program right now so I wouldn’t expect too many responses.

 

From semitarget with no school recruiting team for BofA. Staffers are important for the group placement process but as for general referrals I think anyone can make them and obviously the more senior the person the better. Referrals can probably land you a Hirevue but from there its likely up to you to earn a Superday for the most part.

 

Magnam nulla ut suscipit nulla doloribus aut et. Placeat voluptas laborum assumenda asperiores. Exercitationem ab ex quia nobis minima.

Porro dolor dignissimos commodi impedit ab recusandae quisquam. Officiis veritatis rerum exercitationem illum repellat aut.

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 No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (49) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • 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
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
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...”