I applied online. I interviewed at Bank of America (London, England) in Jun 2025
Interview
Applied though the web-site. Was invited to the first stage interview only, which was on site in their London office. They were looking for relevant IB experience, transactions and sector experience, alongside technical skills.
Interview questions [9]
Question 1
There is a company, whose share price has recently suffered a sudden collapse. However, there is a possibility of the stock price to recover. How would you structure a presentation for a potential financial sponsor?
I applied online. The process took 4 weeks. I interviewed at Bank of America (Chicago, IL) in Jun 2024
Interview
Phone screening then zoom meetings with different levels of professionals in the group. Associates through MDs. Largely fit / experience based questions vs technical. Was a fairly efficient process in my experience. Took about 3.5 weeks
I applied through college or university. The process took 3 months. I interviewed at Bank of America (New York, NY) in Jan 2023
Interview
It was clear and cut. Two 30 minute interviews. First one was behavioral with two MDs and went fine. Second was pure technicals and a paper LBO with some extra questions that were asked at random (I am guessing the interview came up with them in the moment).
Interview questions [1]
Question 1
How do you get from revenue to FCF?
Tell me the C/C on this investment.
Investment Banking Associate applicants have rated the interview process at Bank of America with 2.9 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 85% positive. To compare, the company-average is 67.8% positive. This is according to Glassdoor user ratings.
Candidates applying for Investment Banking Associate roles take an average of 32 days to get hired, when considering 13 user submitted interviews for this role. To compare, the hiring process at Bank of America overall takes an average of 23 days.
Common stages of the interview process at Bank of America as a Investment Banking Associate according to 13 Glassdoor interviews include:
One on one interview: 34%
Phone interview: 14%
Skills test: 14%
Group panel interview: 14%
Background check: 10%
Other: 7%
Drug test: 3%
Personality test: 3%
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