Bank of America Internship Mock Interview

Practice 30 Bank of America internship interview questions covering finance fundamentals, client service scenarios, and corporate values.

WRITTEN BY KEVIN DOWNEY
QUESTION 26 OF 30

How does a bank make money?

This question tests your industry knowledge and your active interest in this opportunity. This will help them tease apart whether you are fully vested in this interview, if you are avidly pursuing this opportunity, or if you are luke-warm and playing the numbers in trying to land something while you figure out your next move.

Again, prepare for your interview in advance. The trick to delivering a great interview is coming off well-versed in the job as opposed to rehearsed. You want to give the impression that you are knowledgeable and ahead of the curve.

"Well, there are countless ways a bank generates revenue, from service charges to a variety of fees depending on the products. Then there's money from debt interest from either secured or unsecured loans. But the system is intricately nuanced. As they say, you can't make money without spending money. And when you have money, there are countless ways to let your money make you more money."

Kevin Downey
30 QUESTIONS & ANSWERS · BANK OF AMERICA
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