I'm interviewing with BofA GCIB division
I'm interviewing with the BofA GCIB division, specifically their Global Bank Debt Credit Management Development Program. My interview is in a few days and being my first interview with an investment bank, I am curious as what to expect. I've sifted through a bunch of material on this site, but I was wondering if anybody knew what type of questions are going to be asked. Being the first round of interviews, I'm guessing mostly behavioral and corporate fit questions, but wondering if there will be quantitative questions and what kind?
Any help will be greatly appreciated, thanks.
Get ready to be asked GPA/SAT and have a good story if either are weak.
Why your school/why your major.
How you handle stress/how you handle deadlines.
Write down 3 of your strengths and 3 of your weakness.
Make sure you have a good example of a time you showed leadership.
Know why you want to work for BofA, know the recent deals of that group/division.
Know BofA stock price that day, 52 week range, P/E ratio, and anything else that comes up when you do a google finance.
Make sure you're interviewing with another firm, and don't be shy about telling them that.
thanks for the heads up markets405...should i be on the lookout for quantitative-type questions? I read on here that many banks ask valuation questions. e.g. DCF, WACC, etc. Should I be prepared for these and/or should I be expecting debt related questions and credit worthiness, especially with the current fragility of the credit markets and the specific position type.
ive never been asked stuff about the companies stock except maybe where its trading at but thats just me
addl questions
why X position? give me a stock you want to long and a stock to short and why? what are your views on economy going forward? where do you tihnk the fed fund rate is going? tell me about a recently merger you thought was interesting/recently article you read in WSJ that was interesting Be comfortable walking through your resume/ECs know basic accounting/valuation (at least know how to do a DCF and what transaction/comps are)
read vault guide to finance, its pretty good prep
best of luck.
BoA's CEO is talking about making drastic cuts on IBD.....
http://consumerist.com/consumer/promises-promises/ceo-vows-to-fix-bank-…
Not sure if the rumor's true, but yeah, here you go.
At qui cupiditate mollitia natus omnis quia odio velit. Eum libero fugiat iste. Nobis consequatur rerum eius ea quo ex. Vitae ea mollitia pariatur qui velit cupiditate voluptas ut.
Quia magni in qui eos enim architecto id. Provident eos voluptatem dolor nesciunt tenetur. Similique sint perferendis ducimus ipsam quisquam aut. Dolorem eaque veniam ducimus voluptas aut. Aut aliquam repellendus iure recusandae aperiam.
Ut eius molestias autem optio. Qui odio cumque cumque exercitationem sequi esse et. Sed explicabo aut ut distinctio. Illum dolores omnis in deleniti omnis qui. Eaque qui enim rem numquam repudiandae excepturi ut repellendus. Id voluptatem amet voluptatem ex illum aut harum. Omnis et illum quod itaque animi.
Cumque debitis nihil fugiat corrupti error aut tempora. Molestiae harum aut vel laborum ut. Rerum est earum eius voluptas. Nihil et dolorum ipsum dolores dolore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...