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Bank of America Merrill Lynch Tests

Bank of America Merrill Lynch Tests

  • 15 tests
  • 168 questions
Bank of America Merrill Lynch Tests

Bank of America Merrill Lynch provides global perspectives, comprehensive solutions and strategic guidance.

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Bank of America Assessment Center

The Bank of America assessment center is an assessment day that helps the company shortlist potential candidates.

The assessment day typically involves:

  • Assessments
  • Interviews
  • Group discussions
  • Case studies
  • Presentations

BofA Assessments

You may be asked to take your assessment tests - this is so that BofA can compare your test scores and also prevent cheating.

BofA Interviews

The Bank of America interview process typically consists of several rounds of interviews, which may include a mix of phone or video interviews and in-person interviews.

The final interviews occur during the assessment day. Candidates can expect to be asked a range of questions designed to evaluate their technical skills, industry knowledge, and ability to work well in a team.

Depending on the role, the interviews may also include behavioral or situational questions, which ask candidates to provide examples of their experience and approach to common workplace scenarios.

To prepare for the Bank of America interview process, candidates should research the company and the role they are applying for, and review common interview questions and best practices. It is important to be able to articulate one’s skills and experience in a clear and concise manner and to demonstrate a genuine interest in the company and the industry.

During the interview, candidates should focus on communicating their experience and strengths in a confident and professional manner. It is important to listen carefully to the interviewer’s questions and to provide thoughtful and well-reasoned answers. Candidates should also be prepared to ask questions about the company and the role, demonstrating their interest and engagement in the opportunity.

Common questions you might be asked in the interview are:

  • Tell me about yourself.
  • Explain how an increase in depreciation affects P&L, Balance sheet, and Cashflow.
  • Why should we hire you?
  • Why do you want this job and why are you capable?

BofA Presentation

You will be given a brief which you will then have to read and will be expected to present a 10-minute presentation followed by 10 minutes of questions from the assessors.

Researching the company and how they do business is highly advised beforehand and will help with this part of the assessment. You will be assessed on your analysis of the brief as well as your presentation skills.

BofA Group Exercise

For the group exercise, you will be given a brief involving a fictitious company which you will read and then discuss questions and their solutions with the group.

You will be expected to demonstrate good teamwork skills. You’ll be assessed as to how you perform within the group so ensure that you strike a balance between dominating the group and being too passive. It is important to be able to work in a group and this is what the assessors are looking for.

BofA Case Study

In a Bank of America case study, candidates can expect to be presented with a realistic business scenario or problem, often related to the banking and financial services industry. The purpose of the case study is to evaluate the candidate’s ability to think critically, analyze complex data, and develop effective solutions to the given problem. Candidates may be required to work individually or in a group, depending on the nature of the assessment.

To succeed in a Bank of America case study, candidates should familiarize themselves with the bank’s products, services, and overall business strategies, as well as the broader financial industry landscape. During the case study, candidates will likely be asked to examine financial data, identify trends or challenges, and propose solutions that align with the bank’s objectives. Strong communication skills, both written and verbal, are essential, as candidates may need to present their findings and recommendations to a panel of interviewers or in a written report.

To prepare for the case study, candidates should practice analyzing financial data, developing insights, and formulating strategic recommendations. Additionally, brushing up on relevant industry trends, recent news, and regulatory changes can provide valuable context for addressing the case study scenario. By demonstrating a thorough understanding of the bank’s business and the financial industry, candidates can showcase their ability to think critically and make informed decisions, increasing their chances of success in the hiring process.

Bank of America Merrill Lynch Tests FAQs

What should I wear to a Bank of America interview?

It is recommended to dress professionally for a Bank of America interview. For men, this typically means a suit and tie, while women should wear a business suit, a skirt, and blouse, or a professional dress.

How long does the hiring process take?

The duration of the hiring process varies depending on the position and the number of applicants. Generally, it can take 4-12 weeks.

What is Bank of America's core values?

The four core values are:

  • Deliver together
  • Act responsibly
  • Realize the power of our people
  • Trust the team

How do I prepare for the Bank of America hiring process?

You can try our practice assessments to help you prepare for the different assessments you might be selected for.

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  • 30 Numerical reasoning tests
  • 30 Verbal reasoning tests
  • 30 Diagrammatic reasoning tests
  • 30 Situational judgement tests
  • 34 Publisher packages e.g. Watson Glaser
  • 252 Employer packages e.g. HSBC
  • 29 Extra packages e.g Mechanical
  • Dashboard performance tracking
  • Full solutions and explanations
  • Tips, tricks, guides and resources


  • Access to free tests
  • Basic performance tracking
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Reviews of our Bank of America tests

What our customers say about our Bank of America tests

  • United States of America

    February 20, 2022

    It was fun. I'm a little intrigued.

    I liked the number of factors at play and the use of logic switching to calculating. It was something fun to do while eating breakfast.

  • United States of America

    February 26, 2021

    Not in US dollars

    Helpful aptitude test, not in US dollars