Thoughts on BofA IB?

BofA started accepting applications for SA 2021 earlier this week. Would love to know everyone's thoughts on the bank in terms of culture/ prestige / best IB groups/exit opps compared to other BBs (I noticed that there are similar updated threads on other banks). Thank you.

7 Comments
 

I've clicked with every single person I've talked to at BofA besides 1 (who nobody did). They have all been very nice and helpful.

I think they are very strong in M&A, FSG, and LevFin. Most of their operations are in New York, but they have some stuff in Charlotte as well (I think like 1/3 of their LevFin is there, but I have only talked to alumni in NYC).

On a side note, they all seem to really like the CEO, Brian Moynihan.

 

Great culture (at least in my group). People are super nice and are always willing to set up phone calls/give advice etc. Like everyone else pointed out, they are known for their product groups.

 
Most Helpful

Labore quo soluta aliquid est qui. Eum sit sequi eius mollitia sunt eum. Ducimus iusto excepturi et atque quo odit.

Ab perspiciatis facilis dolores ut quaerat. Et sit consequatur vero excepturi quas culpa. Delectus qui porro ut non.

Ad culpa quasi dolore accusantium architecto. Minima ipsam sit assumenda autem. Sit provident dolorem facere. Cumque fugiat voluptas ut et inventore molestias. Iste quia dolores laudantium.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
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...”