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I had a great Industrial Attachment internship with a Tech department

Industrial Attachment
Former Employee
Worked at Bank of America for 1 year
October 1, 2014
Singapore, Singapore
3.0
RecommendsNegative OutlookApproves of CEO
Pros

Training and development for interns were okay. Company values and culture were great as well, as expected of a foreign bank here in Singapore. Managers were supportive and always keen to help. Will be taken into consideration for full-time conversion upon graduation.

Cons

Not much training and exposure will be given out of the Tech department. So, if you are posted to Tech, you would almost not get a chance to know about the other LOBs of the bank. You will not be considered for full-time roles out of Tech. This means that they do not look at your work personality too much when considering you for a conversion, rather than skillsets. As no matter how good you are with people, if you are from the back office, you won't get to convert into the front-office roles.

Advice to Management

As IA internships are in themselves a 6-month interview, they should consider these interns more holistically. Such that, if the intern is great at working with colleagues and is adaptable to the work culture of the bank, they should be considered for roles they are interested in. For us interns, an internship is not only a way to gain exposure towards something we might consider doing, but rather something we might consider NOT doing. In this case, BofAML lacks the perception to look beyond the intern's current skillsets, rather than what they can offer and how their personalities match the values of the bank.

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Bank of America Interview Experiences