Alberto Reyes is a Finance major and will be graduating in December 2018. He interned this summer for Bank of America as the Investment Banking Analyst in New York City, NY.
How did you get this internship? I relied on different organizations to prepare for the interviews. Technical knowledge is important, but it all comes down to who you are and the people you know. I spent a lot of time reaching out to people in the industry and getting to know them. Because of this, I was fortunate enough to get people from different banks to push my application. Once you have the interview, you are in the same field as everyone else, and is just a matter of how you perform.
What was a typical day like? Every day was different. Usually I would get in around 9:30 a.m. and then start working on different things. I spent most of the time on Excel doing financial modeling, but also helped with client presentations.
What was your favorite part of the experience? Meeting all the people from the group. The M&A group at BAML has a very collegiate culture that allowed me to fit right in. Everyone is very smart and is available to help with anything that you may need. You may be working a lot of hours, but at the same time that you are learning a lot, you are also having a lot of fun.
What advice do you have for other students looking for a similar internship? Definitely start networking early. Banks are looking for people that are genuinely interested in these opportunities. They do know that at this point in your career you know nothing about the job itself, but that is okay since they will teach you everything you need to know at the desk. The more exposure you get to people on the industry, the higher the chances that you will land one of these internships.
Did your internship employer provide housing or transportation assistance? My employer provided transportation or financially supplemented my transportation and also provided housing assistance during the internship.