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.
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bofa ib SA pov:
culture is great, seniors really care (obv group dependent but mine does) about junior welfare (in the context of hours) and real shocker here HR is amazing, they are on the ball, generally seem aligned with you, and training / orientation provided is top notch
Bumppp
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.
baml is very strong in levfin, fsg, and regal, and solid in m&a. good legacy from merill, good management team, huge balance sheet to weather recession. been rapidly gaining market shares recently.
Strong product groups. Very overrated on this site on coverage groups.
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