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Bank of America Investment Banking Analyst Interview Questions and Answers for Freshers

Updated 29 Nov 2024

1 interview found

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Interview experience
5
 Excellent
Difficulty level
 Moderate
Duration
 Less than 2 weeks
Result
 No response

I applied via LinkedIn and was interviewed in May 2024.

1 Interview Round

1

Video Call Round (2 Questions)

  • Q1. Describe a recent business news and how it would affect your role
  • Q2. Tell me about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Make sure to be up-to-date with news etc and to read about the company. There are a lot of questions that have been published online that they brought up in the interview.

Interview questions from similar companies

Interview experience
5
 Excellent
Difficulty level
 -
Duration
 -
Result
 -

1 Interview Round

1

One-on-one Round (2 Questions)

  • Q1. Introduction and knowledge
  • Q2. Credit Underwriting
Interview experience
4
 Good
Difficulty level
 -
Duration
 -
Result
 -

1 Interview Round

1

One-on-one Round (1 Question)

  • Q1. About job experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Recommended if you are seeking work life balance
Interview experience
5
 Excellent
Difficulty level
 Moderate
Duration
 2-4 weeks
Result
Selected  Selected

I applied via Walk-in and was interviewed in May 2023.

3 Interview Rounds

1

Resume Shortlist Round

Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
2

One-on-one Round (1 Question)

  • Q1. What do you understand about credit visit? How will you assess a customer income? What is cibil score? Can a loan be prepared on assessment basis?
3

One-on-one Round (1 Question)

  • Q1. Same question What do you know about home loan

Interview Preparation Tips

Interview preparation tips for other job seekers - Keeping trying 👍
Interview experience
2
 Poor
Difficulty level
 Moderate
Duration
 6-8 weeks
Result
Selected  Selected

I applied via campus placement at Institute of Chartered Accountant of India (ICAI) and was interviewed in Feb 2023.

2 Interview Rounds

1

Resume Shortlist Round

Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
2

HR Round (5 Questions)

  • Q1. Introduction, dscr , ratios
  • Q2. Personal like introduction strengths relocation
  • Q3. Current ratio analysis
  • Q4. Why do you want to join hdfc
  • Q5. What is 5C's of credit

Interview Preparation Tips

Interview preparation tips for other job seekers - Just Google it and you will be fine

I applied via Company Website and was interviewed in May 2022.

2 Interview Rounds

1

Resume Shortlist Round

Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
2

Technical Round (6 Questions)

  • Q1. Tell me about your self
  • Q2. Why did you leave your last job?
  • Q3. Questions related to past experience.
  • Q4. What is underwriting? Difference between manual and desktop underwriting (related to my past experience)
  • Q5. Why do you want to work at ICICI?
  • Q6. What do you understand about the role?

Interview Preparation Tips

Interview preparation tips for other job seekers - A very general, basic and short interview (mine was 15-17 mins). If you have prior experience, most questions will be revolving around that and if you are a fresher then they will test your basic banking knowledge.
Interview experience
3
 Average
Difficulty level
 Moderate
Duration
 Less than 2 weeks
Result
 No response

I applied via Recruitment Consulltant and was interviewed before Jun 2023.

1 Interview Round

1

One-on-one Round (2 Questions)

  • Q1. Details about corporate mortgage
  • Q2. Corporate customer documents verification for term loans
Interview experience
4
 Good
Difficulty level
 Moderate
Duration
 Less than 2 weeks
Result
Selected  Selected

I applied via Campus Placement and was interviewed before May 2023.

4 Interview Rounds

1

Aptitude Test Round

A simple aptitude test to understand analytical skills of the candidate

2

Group Discussion Round

Well monitored discussions

3

One-on-one Round (1 Question)

  • Q1. Majorly risk related topics were asked
4

HR Round (1 Question)

  • Q1. Questions asked to understand the mentality of the candidate and if we are inline with their principles.

Interview Preparation Tips

Interview preparation tips for other job seekers - Have basic grip on risk management

I applied via campus placement at Bajali College, Barpeta and was interviewed before Aug 2021.

1 Interview Round

1

HR Round (1 Question)

  • Q1. Introduction to job profile and job role and mention yearly package

Interview Preparation Tips

Topics to prepare for Ujjivan Small Finance Bank Credit Officer interview:
  • Job profile
  • Salary
  • Job location
  • Banking
Interview preparation tips for other job seekers - Introduction job profile and job role first mention job location, salary and bonus
Interview experience
3
 Average
Difficulty level
 Moderate
Duration
 Less than 2 weeks
Result
Selected  Selected

I applied via Naukri.com and was interviewed before May 2023.

1 Interview Round

1

Technical Round (1 Question)

  • Q1. How to know customer potential.

Bank of America Interview FAQs

How many rounds are there in Bank of America Investment Banking Analyst interview for freshers?
Bank of America interview process for freshers usually has 1 rounds. The most common rounds in the Bank of America interview process for freshers are Video Call.
What are the top questions asked in Bank of America Investment Banking Analyst interview for freshers?

Some of the top questions asked at the Bank of America Investment Banking Analyst interview for freshers -

  1. 1. Why IB 2. Why wacc is genearlly higher than terminal growth r...read more
  2. What is difference between EV/Net Income and P/E ratio in relative valuati...read more
  3. 1. EV 2. Relative valuaion 3. Dcf 4. Link of 3 statement 5. Depreciation effect...read more

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