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Based on the most helpful WSO content, the Bank of America SA AC (Summer Analyst Assessment Centre) typically involves a series of behavioral questions. While I don't have the exact questions they might ask, they usually revolve around your understanding of the role, your interest in the industry, and how you handle certain situations.
As for the case study, it's usually a quick exercise rather than a 24-hour take-home assignment. You might be asked to analyze a business scenario or financial problem within a limited time frame. The key here is to demonstrate your analytical skills, financial knowledge, and ability to articulate your thoughts clearly.
Remember, every interview is a two-way street. It's not just about them assessing you, but also about you assessing them. So, don't forget to prepare some thoughtful questions to ask them as well. Good luck!
Sources: Q&A: Corporate Banking to FAANG CD, Ask me anything - MM PE Associate, 1 year in, Bank of America SA 2021, M&A Interview Questions - Beginner to Advanced Questions
The two first interviews are basic fit plus technicals - nothing to difficult I think, but depends on the interviewer and your experience
The “case” (last year at least) was just a couple of questions on a potential acquisition. They show some slides with the statements and some multiples etc, and then I was asked about the EV to Eqv bridge, some valuation, some synergies and some basic rational questions. Nothing too fancy
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