Bank of America Summer Internship Class Most Diverse on Record
June 07 2019 - 08:00AM
Business Wire
This week, Bank of America welcomed its most diverse class of
summer interns to the company. The global class of more than 1,500
interns is 47 percent female (up from 45 percent last year), and
its U.S. class is 57 percent people of color (up from 55 percent
last year).
Bank of America has a multi-faceted recruitment process that
puts the focus on the candidate experience and recruiting the most
diverse slate of talent into its programs. Through strong diversity
partnerships and a global footprint, the company hires from more
than 350 universities around the world, with on-campus sourcing at
nearly 100 core schools. Over the past year, Bank of America has
increased its work with Hispanic-Serving Institutions (HSIs) in key
locations, including Puerto Rico, and has expanded its recruiting
efforts at four Historically Black Colleges/Universities (HBCUs).
The bank has also attracted students from a further 28 HBCUs
through virtual and national efforts to reach previously untapped
talent. In addition, since 2013, Bank of America has hired 168
interns from universities in Côte d'Ivoire, Egypt, Ghana, Kenya,
Nigeria, South Africa, Togo, Uganda and Zimbabwe through
its Africa Internship Program.
“Our Summer Internship Program is a primary source of hiring
into full-time roles, so we seek the best and most diverse slate of
candidates,” said Sheri Bronstein, chief human resources officer at
Bank of America. “Over the course of our summer program, interns
are surrounded by professionals who guide them as mentors,
champions and advisors, helping us build a strong pipeline of
future leaders.”
Hear from full-time employees, many of whom started out in Bank
of America’s Summer Internship Program.
Over their 10 weeks with the company, interns will get a taste
of how a full-time role at Bank of America could look. Through
mentoring programs, leadership speakers and events, structured
performance evaluations, training, development and community
service days, candidates will expand their knowledge and hone their
skills. Through a partnership with Thrive Global, this year, Bank
of America has incorporated wellness training into the program to
help the interns balance work, life and general well-being early in
their careers, setting them up for future success. Students also
have access to the bank’s unique Life Event Services team, a group
of highly specialized professionals who provide personalized
connections to resources and benefits by tapping internal and
external experts in the moments that matter most in our teammates’
lives.
Notes to EditorBank of America offers a variety of entry-level
opportunities including apprenticeships, insight programs,
internships and full-time roles. Summer internships typically
last 10 weeks and attract students in their penultimate year of
college/university who aim to start full-time work the following
year. The summer internship class is a primary source of hiring
into full-time roles. More than 70 percent of the incoming 2019
full-time class is comprised of former summer interns. In some
locations, summer intern opportunities are offered to students in
their first or second year of study, as well as fixed-term
placements such as off-cycle
internships or industrial
placements/attachments that take place at different times
throughout the year and can vary in length depending on business
need.
2019 Summer internship dates:
- U.S. program: June 3–August 9
- APAC program: June 10–August 9
- EMEA program: June 17–August 23
Bank of AmericaBank of America is one of the world’s leading
financial institutions, serving individual consumers, small and
middle-market businesses and large corporations with a full range
of banking, investing, asset management and other financial and
risk management products and services. The company provides
unmatched convenience in the United States, serving approximately
66 million consumer and small business clients with approximately
4,400 retail financial centers, including approximately 1,800
lending centers, 2,200 financial centers with a Consumer Investment
Financial Solutions Advisor, and 1,500 business centers;
approximately 16,400 ATMs; and award-winning digital banking with
more than 37 million active users, including over 27 million mobile
users. Bank of America is a global leader in wealth management,
corporate and investment banking and trading across a broad range
of asset classes, serving corporations, governments, institutions
and individuals around the world. Bank of America offers
industry-leading support to approximately 3 million small business
owners through a suite of innovative, easy-to-use online products
and services. The company serves clients through operations across
the United States, its territories and approximately 35 countries.
Bank of America Corporation stock (NYSE: BAC) is listed on the New
York Stock Exchange.
For more Bank of America news, including dividend announcements
and other important information, visit the Bank of America
newsroom. Click here to register for news email
alerts.
www.bankofamerica.com
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Reporters May Contact:Liz Wright, Bank of America,
1.646.855.3302elizabeth.i.wright@baml.com
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