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Bank of America Summer Analyst Internship
Everything you need to know about the BofA summer analyst program, including compensation, conversion rates, recruiting timeline, and application tips.
$2,115/week
10 weeks
~70-75%
Internship Compensation
Weekly Pay
$2,115
Annualized Salary
$110,000
Housing Stipend
$4,000
Relocation
Up to $1,500
Meals: Meal vouchers and cafeteria access
Transport: Car service after 9pm
Recruiting Timeline
Applications Open
July-September (year before)
HireVue Deadline
September
First Round Interviews
September-November
Superdays
October-February
Offers Extended
November-March
Application Tips
- Highlight BofA's commitment to responsible growth and ESG initiatives
- Emphasize teamwork and collaboration in behavioral interviews
- Prepare for technical case studies involving M&A and valuation
- Demonstrate awareness of BofA's industry group strengths
What to Expect
Bank of America's internship program is structured around a balance of deal work and learning. Interns receive comprehensive training in the first week, covering financial modeling, pitch preparation, and client interaction skills. Throughout the summer, interns are staffed on live transactions, typically 2-3 deals, with exposure to pitches, due diligence, and execution. The firm's focus on analyst wellness translates to the intern experience, with more predictable hours compared to peer banks. Mid-summer feedback sessions provide guidance, and return offers are extended to strong performers based on technical ability, teamwork, and cultural fit. Social and networking events are frequent, fostering a collegial intern class culture.
Intern Perks
- Wellness programs and gym access
- Diversity and inclusion events
- Access to Merrill Lynch research
Frequently Asked Questions
How much do BofA summer analysts make?
Bank of America summer analysts earn $2,115 per week, which annualizes to approximately $110,000. The program typically runs for 10 weeks.
What is the BofA intern conversion rate?
The conversion rate for Bank of America summer analysts to full-time offers is approximately ~70-75%. Final week of summer.
When should I apply to Bank of America?
Applications for the Bank of America Global Investment Banking Summer Analyst typically open July-September (year before). First round interviews are held September-November, with Superdays October-February.