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PropelGrad

Bank of America Internships 2026

Bank of America is the second-largest bank in the U.S. and one of the most active recruiters of college interns in the financial services industry. The firm hires 3,000+ summer analysts and interns annually across global banking & markets, technology, wealth management (Merrill), and consumer banking. Internships run 10 weeks, primarily based in New York, Charlotte (corporate HQ), Chicago, San Francisco, and Dallas. Bank of America is known for being one of the more "human" banks on Wall Street — the firm emphasizes work-life balance, mental health support, and responsible growth. Their summer program includes formal training, philanthropy days, and an intern summit that brings the entire cohort together.

$70K–$95K annualized (10-week program)

Program Highlights

1.

Summer Analysts earn approximately $80,000–$95,000 annualized in banking and markets; technology interns earn $70,000–$85,000 annualized

2.

Bank of America's Global Technology division employs 35,000+ technologists — making it one of the largest tech employers in the world

3.

The firm's Discovery Programs for freshmen and sophomores provide early exposure to banking careers and priority consideration for future internships

4.

Intern cohort activities include a multi-day summit at Charlotte headquarters, volunteer days, and senior leadership speaker series

5.

Return offer rates are among the highest in banking (85%+), particularly in wealth management and technology divisions

Typical Internship Roles at Bank of America

Global Banking & Markets Summer Analyst — M&A, leveraged finance, equity research, and sales & trading

Global Technology Summer Analyst — software development, cybersecurity, data engineering, and AI/ML for banking applications

Merrill Wealth Management Summer Intern — financial planning, client portfolio management, and investment advisory

Consumer Banking Summer Analyst — retail banking strategy, digital product management, and marketing analytics

Risk Management Summer Analyst — credit risk, market risk, and compliance for Bank of America's global portfolio

Enterprise Functions Summer Analyst — HR, finance, legal, and corporate strategy supporting the firm's operations

Application Tips

  • Applications open in late June for the following summer. Apply before September for banking roles — BofA reviews early and extends offers on a rolling basis.

  • Bank of America's interview process includes a HireVue video assessment, phone screen, and in-person SuperDay. Practice behavioral and technical questions.

  • BofA emphasizes "Responsible Growth" in everything they do. In interviews, show awareness of ESG, financial inclusion, and ethical banking practices.

  • For technology roles, BofA's hackathon and Code-A-Thon events provide alternative pathways. Participating shows initiative and technical skill.

  • Charlotte is BofA's corporate HQ and has lower cost of living than NYC. If you're flexible on location, Charlotte-based roles are less competitive.

Interested in Bank of America?

Submit your profile and a PropelGrad recruiter will help you prepare your application for Bank of America's internship program.