Bank of America

Multinational investment bank and financial services
Last updated:
January 3, 2026
Company details
HQ
Charlotte, NC
HEADCOUNT
10000+
ORG TYPE
Corporate
SECTOR
Finance
About the company
Bank of America is a global financial services company serving consumers, small businesses, and large institutions across banking, investing, and payments. Bank of America operates across the U.S. and in more than 35 countries. Bank of America runs major businesses including consumer banking, wealth management (including Merrill), and a large corporate and investment bank. Bank of America also hires across technology and operations roles that support the bank’s platforms and day-to-day services.
Locations and presence
Bank of America operates across the U.S. plus a multi-region footprint spanning Europe, the Middle East and Africa, Asia-Pacific, and Latin America. Bank of America states an in-office culture with role-specific attendance expectations, with flexibility varying by role.
Palpable Score
71.1
/ 100
Bank of America offers lots of early-career entry points through internships, analyst roles, and several structured campus programs that spell out training and support. Bank of America publishes clearer hiring steps than many large banks, but candidate experiences still vary by division and region. Outcomes feel less predictable in some front-office tracks because public reporting includes junior job cuts in investment banking and the company does not publish early-career conversion or retention metrics.
Pillar 1: Early-career access

Score

15.8
/ 20
  • The company runs a broad student hiring ecosystem that includes internships plus full-time analyst and associate pathways intended for candidates applying before graduation.
  • Bank of America offers multiple early-career program families across the bank, including Global Technology, Global Markets, private bank programs, and Global Payments Solutions campus programs.
  • The company advertises longer-form campus tracks alongside internships, including an 18-month Global Payments Solutions campus program aimed at recent graduates.

Pillar 2: Hiring fairness and transparency

Score

12.8
/ 20
  • The company publishes a hiring-process overview that describes typical interview formats (phone, video, in-person), notes possible exercises and assessments, and sets expectations that timelines vary by location and circumstance.
  • Bank of America provides a student application-process hub broken out by region and invites candidates to request extra support or adjustments through campus recruiting during the process.
  • The company has mixed public interview feedback that often mentions multi-stage screening and assessments, which can make the real experience feel less consistent than the official process pages suggest.

Pillar 3: Learning and support

Score

15.5
/ 20
  • The company describes structured early-career training inside specific programs, such as a week-long orientation for a 10-week Global Technology internship plus networking and development events.
  • Bank of America runs “The Academy,” described as a bank-wide onboarding and development engine that includes onboarding with coaches plus structured and on-demand learning.
  • The company builds mentoring into at least some campus programs, including Global Payments Solutions summer internships with assigned junior and senior mentors, intern managers, and program managers to support feedback and growth.

Pillar 4: Pay fairness and stability

Score

15.5
/ 20
  • The company raised the U.S. minimum hourly wage to $25 (with implementation in early October 2025), setting a floor for hourly early-career roles in the U.S. that clears $50,000 annualized for full-time work.
  • Bank of America publishes salary ranges on at least some U.S. job postings, which supports pay transparency even when pay disclosure varies by role and location.
  • The company has strong third-party pay benchmarks for interns and entry-level roles in some tracks (for example software engineering internship hourly rates and summer analyst pay reports), but Bank of America does not publish consistent internship pay ranges across the full early-career portfolio.

Pillar 5: Early-career outcomes

Score

11.5
/ 20
  • The company links at least one internship pathway to a concrete outcome, stating successful completion of the Global Payments Solutions summer internship can result in an offer of a full-time position.
  • Bank of America has had junior-level reductions reported in investment banking (including analyst and associate roles), which increases uncertainty around workload and progression for some early-career front-office tracks.
  • The company does not publish early-career outcome metrics such as intern conversion rate, median time-to-promotion, or cohort retention by program, which limits confidence in predictable progression across divisions.

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