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The global credit crunch has invariably made this one of the most challenging times to seek a job, extremely so in the investment banking industry - Get the edge with IB Graduate!Bank of America
If you’re steadily working your way toward an MBA or if you’ve completed your program and are looking for a springboard with which to boost your career, you should consider Bank of America. For those who are still working on their degree and want to get some hands-on experience and start networking, Bank of America offers a great summer internship program. For those who have completed their program, the company also offers a full featured graduate program that combines on-line and hands-on teaching. Either option can become a way to open a lot of doors into your future.
In terms of internships, Bank of America offers them to both graduates and undergrads. In order to qualify for one of these programs, the applicant must have a grade point average of at least 3.0 and be in a major that is business-related. Furthermore, the applicant must be still working on their degree – those who are set to graduate soon are not eligible. Finally, these internships are effectively full-time jobs, so the applicant must be ready and willing to work full 40-hour weeks during the course of the 10-12 weeks the program lasts (it generally starts in May and goes through August).
The Bank of America internship programs are paid, and at a competitive rate. Essentially, you’ll be working a full time job with all the pay and benefits you’d expect at a well-established company. Provided you’re with the program at least 10 weeks, you even get two paid days off. Of course, these aren’t the only benefits of an internship with Bank of America. You’ll also get frequent opportunities to network with company executives, as well as other up-and-comers in the business. Plus, you’ll have hands-on experience with real-world tasks that will help hone your skills and also look great on a resume. Finally, you’ll receive one-on-one guidance from professionals in the business that will help you establish long- and short-term career goals.
There are a number of different internship programs available. Seek out the one that best fits your needs and goals, and be sure to apply for the program before the deadline, which is in early February each year.
Bank of America’s graduate programs are less generally defined – each of the many specific graduate programs they offer has its own requirements, qualifications and benefits. Many of the these programs are rotational in nature, giving you the opportunity to experience different aspects of the business in order to enhance learning and preparedness, as well as providing more networking opportunities. In the course of these programs, you’ll interact with both company personnel and official instructors that will assist in your training.
Keep in mind that many of these programs require a reasonable amount of actual experience in the business world, so those who have the education but not the experience may want to look into an internship instead. While the required qualifications for a Bank of America graduate program are fairly high, it’s not without reason. It is programs like these in which future executives are made.


