Bank of America vs Lowe’s
Currently a junior on the east coast. Was offered positions as a SWE intern at bofa and Lowe’s. I am waiting to hear back from Truist and Citi. I also have an interview with SAS coming up. Bofa is offering $14.6k for the 10 weeks with a $3k sign on bonus. Lowe’s is offering $22 an hour. They both sound very interesting. I don’t want to make an impulse decision and start my career off wrong. Any advice? #engineering #software #swe
It all depends on your priorities but there will be more money in the Finance space vs traditional Retail. You seem like you are in NC and I wouldn't rule out SAS if they make you an offer. Raleigh has the better tech scene over Charlotte but if you like Charlotte Finance might be the way to go.
Yes, I am. I don’t mind working in either one, I just hear that working in banking for x amount of time is bad. I don’t mind working in finance, I just don’t want to get trapped in it if I don’t have to. If SAS makes an offer then I’ll definitely take that one.
If you are where I think you (Charlotte area) both really are good experiences for interns. I have a lot of friends in both places. I also know a lot of people that have been bofa interns. They enjoyed their experience, but 1/2 years out of their internship, they’re all very eager to get out of the banking industry entirely. Based on what I hear, Lowe’s may have a better intern program overall.
I actually live in Raleigh, so I may have to move which I don’t mind since it’s not far. See that’s my thing, I don’t want to get stuck in finance bc I hear it’s not good long term. Lowe’s sounds very interesting since it’s for e-commerce and it’s remote, but the Bank of America is paying significantly more.
Yah I understand. The thing about the banking companies is that you tend to sort of get pigeon holed into a very specific tech stack, that is more likely than not, not very applicable to the current tech scene. People tend to accidentally become speacialized in certain banking specific areas, they have trouble leaving. I do think Lowe’s pays a bit more compared to BofA for entry level to senior, but BofA pays out big $$ for principle +
Okay with that being said. Should I do Lowe’s for the internship and take a chance on being converted and making more? Or should I just intern at bofa and go full time with hopes of leaving after a year?
That is to say, I think entry level BofA pays considerably less. Im thinking TC of 65K. Lowe’s will be more than that if you convert. I don’t think either place is a bad choice though! If I had to hedge my bet on one of them for a better intern experience, I’d say Lowe’s.
You'd be better off long term at BofA vs lowe's, comp and benefits (incl. vacation time) are better at the bank. Everyone I know who picked lowes left quickly. I was at BofA for 6yrs plus after interning
Go to reddit
Okay, will do. Thanks!