Unlock Your Potential with a Bank Of America Merrill Lynch Singapore Internship
You’re on this page because you have made one of the most sensible decisions of your life – to intern at Bank of America Merrill Lynch Singapore. Congratulations! You must know that the first step is ensuring that your academic program is suitable for an internship with BAML. Programs like Finance, Accounting, Business Administration, and other similar disciplines are eligible.
Notwithstanding, it is equally possible to have a rewarding experience working as an intern at BAML with other Social Sciences courses. Here at Scholarships World, we will guide you by telling you all you need to know to be the best intern at BAML Singapore.
About Bank of America Merrill Lynch Singapore
BAML is a well-regarded institution with strong transaction flow and a presence in almost all the world countries. Bank of America acquired Merrill Lynch in January 2009. With this merger, it became Bank of America Merrill Lynch, an investment banking and wealth management giant. In 2013, BAML received its first award as the ‘Most Innovative Investment Bank of the Year’. Bank of America Merrill Lynch has four divisions: United States & Canada; Asia Pacific; Latin America, Europe, Middle East & Africa. In addition, the Singapore branch of BAML is in the Asia Pacific division.
About Bank of America Merrill Lynch Singapore Internship Program
Internships at Bank of America Merrill Lynch Singapore can be exciting and educative. It is because BAML offers its interns comprehensive training programs online and on-the-job networking opportunities. As a result, interns get the chance to create an impact as soon as they start working. Also, BAML positions its interns for great career opportunities through mentorships, assigning them to learn from the best in the industry. That way, they place interns for excellent career opportunities.
Bank of America Merrill Lynch offers internships to graduates and undergraduates in the following areas:
- Capital Markets
- Corporate Banking
- Global Loan Products
- Global Markets
- Global Transaction Services
- Investment Banking
- Human Resources
- Quantitative Management
- Risk and Technology
Benefits of an internship at Bank of America Merrill Lynch Singapore for International Students
Interning far from home can be a discomfort. Still, BAML Singapore makes the transition easy and bearable for international students approaching the final year of their degree program. Here are some of the benefits you can get.
1. A paid internship
2. BAML will pay accommodation and travel expenses
3. The possibility of an offer of full-time employment upon graduation
Eligibility Requirements for Internship at Bank of America Merrill Lynch Singapore
As an intern in the Singapore division of Bank of America Merrill Lynch, here are some requirements you must meet.
1. You must demonstrate an acceptable level of integrity
2. You must be a team player with an acceptable level of leadership ability
3. Some roles may require specific language or technical skills.
4. You must possess a degree or pursue a degree in a relevant field.
5. You must have a minimum GPA of 3.0 or higher.
How to apply for a Bank of America Merrill Lynch Singapore Internship
Are you ready to apply for BAML Singapore Internship? Here are the steps to follow.
- Visit the official application link of Bank of America Merrill Lynch, and view a list of available internships
- Click on the suitable option and take note of the location and other details
- Check the eligibility requirement for the job and be sure that you qualify
- Access the application form by clicking on the Apply Now button
- Fill in the details and submit your application
- Remember to submit a well-crafted resume and cover letter to the BAML website.
- If you are successful, you will receive an invitation to participate in an interview.
- There may be a second interview for further discussion.
Tips for a successful Internship at Bank of America Merrill Lynch Singapore
If you want to pursue a career in investment and banking, what better place than Bank of America Merrill Lynch Singapore? If you’re lucky enough to get this internship, now is the time to start planning a comeback by exploring these steps.
1. Develop your Network
Consciously or unconsciously, you will find yourself developing relationships with your colleagues. These people will speak for you if you do good work. They are also people you can use as references when you need to improve your resume. Take advantage of lunch dates with your colleagues or an opportunity to attend a social event. These are opportunities to make a positive impression on the people that matter.
2. Focus on your chosen field
You can specialize in your chosen field and learn a lot from there. For example, if you want a career in the industry, you can learn all you need at BAML while you’re still an intern.
3. Take Notes
Every day at BAML is an opportunity to learn. You are virtually in the presence of greatness because you will work with experts in the field. Take notes. Don’t just take them – read them and learn. Refer to these bits of knowledge when you are with your colleagues, and ask meaningful questions.
4. Develop a skill set
Employers value people who can bring a set of skills to the table. These are skills you learn from interacting with and watching other people. You can learn these skills from your mentors at BAML. In addition, such skill sets as customer service, interpersonal communication, and conflict resolution skills can take you further than professional or academic skills.
Frequently Asked Questions about Bank of America Merrill Lynch Singapore
What is the duration of a Bank of America Merrill Lynch Singapore Internship?
A typical BAML internship lasts about ten weeks during the summer break in the 3rd year of your degree program. It is usually a 6-credit-hour internship of roughly 400 hours.
Can international students apply for a Bank of America Merrill Lynch Singapore Internship?
International students make up at least 70% of BAML’s internship allocation. Out of this allocation, more than 40% are female. BAML is inclusive and gender-friendly.
Are internships at Bank Of America Merrill Lynch Singapore paid?
Yes, BAML offers paid internships at an hourly rate of about $16.07, making it one of the best rates offered by investment banks.
Granted, having such a big name as Bank of America Merrill Lynch Singapore on your well-crafted resume is a sure way to get noticed, but that’s not all that BAML can do for you. As an intern, you will be in a team where you will do your best. Remember, BAML does not hire interns because there’s work to do. They hire interns because they want to recruit outstanding graduates. Consider your internship at BAML as a full-time job. You may be one of the lucky interns that will eventually transition to full-time employment when the time is right.