BAML Campus Challenge 2012

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Bank of America Campus Challenge

Transcript of BAML Campus Challenge 2012

Page 1: BAML Campus Challenge 2012

Bank of America Campus Challenge

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What is the Bank of America Campus Challenge?

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• An academic competition sponsored by Bank of America hosted on LinkedIn.

• Targeted to technology and business students at select universities around the

world:

‒ Carnegie Mellon

‒ Georgia Tech

‒ National University of Singapore

‒ University College Cork

‒ IIT Madras

• Will present real-world bank scenarios involving both technology issues and

business considerations to students and request their innovative solutions to

those scenarios.

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Why is Bank of America sponsoring the Campus Challenge?

• A technical career destination

• Looking for talented individuals

• New, innovative approaches to real-world problems

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How will the Campus Challenge work?

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The challenge will be facilitated using LinkedIn and will consist of two separate

rounds:

Round One (January 27 – February 3)

• Intra-campus competition – Student teams at a university compete against each

other

• Teams will be asked to present their solution for a real-world technical problem

• Winning team from each school will be selected and winning team members will

receive prizes

Round Two (February 6 – February 24)

• Inter-campus - Each university’s team will compete against other universities’

teams

• Teams will again be presented with a technical/business problem

• Top three teams will win prizes

• University of the first-place winning team will also receive prize funds

All dates / times are based on U.S. Eastern Standard Time

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How will the submissions be judged and winners chosen?

• Anticipated deliverables for each round will include:

– A description of the proposed solution with strategic justification and implementation

recommendations

– Technical information about the solution

• Judging criteria will include:

‒ Benefits derived from utilization specifically from architecture

‒ Novelty, creativity and innovation

‒ Quality of design, including usage of advanced features

‒ Commercial potential

‒ Magnitude of effort

‒ Functionality of the team’s solution

‒ Demonstrated understanding of the business and technical requirements of the

solution

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What is the timeframe for the Campus Challenge?

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Pre-competition activities

Info sessions on campus: Jan. 16 – Jan. 20

Registration/team formation/group page creation: Jan. 23, 8:00 am – Jan. 26, 5:00 p.m., Eastern

Time

Team Modification Request Cut-Off: Jan. 25, 5:00 p.m., Eastern Time

Team registration cut-off: Jan. 26, 5:00 p.m., Eastern Time

Round 1 - Intra-campus competition

Round 1 Launch: Jan. 27, 8:00 a.m., Eastern Time

Round 1: Jan. 27 – Feb. 2

Round 1 Submission cut-off: Feb. 2, 8:00 a.m., Eastern Time

Round 1 Judging: Feb. 2 – Feb. 3

Round 1 winners announced: Feb. 3, 5:00 p.m. Eastern Time

Round 2 - Inter-campus competition

Round 2 Launch: Feb. 6, 8:00 a.m.

Round 2: Feb. 6, 8:00 a.m. – Feb. 17, 5:00 p.m.

Round 2 Submission cut-off Feb. 17, 5:00 p.m., Eastern Time

Round 2 Judging: Feb. 17 – Feb. 24

Final winner announced: ~March 5, 2012

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What will the prizes be for winning teams?

Round 1 (Intra-campus Competition) Prize

Winning Team $1,500 per student

Round 2 (Inter-campus Competition) Prize

First Place Team $3,500 per student

Second Place Team $2,500 per student

Third Place Team $1,000 per student

Winning School $50,000

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How do you sign up?

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1. Form a team

• 3-10 members per team

• 10 teams per campus

2. Choose a team name and pick a captain

3. Team captain registers at campuschallenge.bankofamerica.com with:

• Team name

• Email addresses of team members

• All Team members will receive an invitation to register and join the Bank of

America website (CampusChallenge.BankofAmerica.Com)

4. Team members must then register at campuschallenge.bankofamerica.com and

select their Team

5. All Team members must join LinkedIn to participate and register with the same

university address used in the BofA site.

6. All Team members must then accept and join these LinkedIn Groups where

additional communication will happen via LinkedIn Group page.

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About Bank of America

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Did you know Bank of America…

• Provides, through its Global Technology and Operations division, end-to-end technology and

fulfillment to approximately:

‒ 58 million consumer households and…

‒ 4 million small businesses, corporate/institutional relationships and wealth and

investment management clients with…

‒ approximately 5,700 retail banking offices and approximately 18,000 ATMs and award-

winning online banking with 29 million active users (in the U.S.)

• On a stand-alone basis, would be the 15th largest technology company in the Fortune

500?

• Pioneered banking/technology advances including credit cards, ATM machines and

paperless banking?

• Financed the Golden Gate Bridge, enabling the creation of an iconic American landmark

and jobs in Trenton, N.J., where bridge cables were manufactured?

• Financed and supported cinematic and theatrical treasures like Gone With the Wind and the

Public Theater in New York?

• Announced a Community Development lending and investment goal in 2008 – $1.5 trillion

over 10 years – that is the largest ever established by an American financial institution?

• Announced a 10-year, $20 billion initiative to address climate change through lending,

investing, capital markets activity and improving our own operations?

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Who Bank of America serves: Our customers and clients

Individuals/Entrepreneurs

Companies

Institutional Investors

Customer Segments

Retail

Preferred

High Net Worth

Small Business

Middle Market

Large Corporate

Hedge Funds

Asset Managers

Private Equity

U.S. Based Global

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Financial Advisors

Notes: Numbers for Transactions and Online Sessions are annualized as of June 30, 2011. Affinity data as of 1Q 2011. Twitter data as of July 2011.

Over 16,500 followers >100 tweets/day and growing

Approximately 1,400 Affinity Groups 481MM Transactions

29.7MM Active Online Users 2.6B Online Sessions

4,600 Mortgage Loan Officers

Leading High Net Worth Capabilities

$69B in Assets; 1.1MM Households

8B Merchant Transactions

16,000+

Why Bank of America? Unmatched Capabilities to Serve Individuals

Approximately 5,700 Banking Centers 0.8B Teller Transactions

8.0MM Mobile Users 0.6B Mobile Sessions

Approximately 17,800 Total ATMs 78% Deposit Imaging ATMs 1.2B Transactions Annually

0.7B Call Center Contacts

Obtained from “Bank of America Investor Fact Book Midyear 2011” available

at: http://investor.bankofamerica.com/phoenix.zhtml?c=71595&p=irol-irhome

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Why Bank of America? Leading Global Commercial/Corporate Franchise

Leading U.S. Commercial Franchise

Over 287,000 commercial banking clients

$189B funded loans & leases

$166B deposits

No. 1 Middle Market lending

Leading Small Business 504 lender in U.S.

No. 1 U.S. treasury services

No. 1 Asset-based lending

No. 1 Lead arranger of syndicated loans to U.S. large and traditional middle market for 2010

1 Source: Deallogic as of 7/5/11 and includes self-led deals. Other data is of June 30, 2011

Leading Global Corporate and Investment Bank

• Leveraged loans No. 2 No. 2

• Asset-backed securities No. 1 No. 1

• Syndicated loans No. 2 No. 2

• Mortgage-backed securities No. 2 No. 1

• High-yield corporate debt No. 3 No. 2

•I investment grade corporate debt No. 2 No. 1

• Common stock underwriting No. 2 No. 4

• Equity capital markets No. 2 No. 4

• Debt Capital markets No. 4 No. 2

• Announced merger and acquisitions No. 6 No. 7

• Net investment banking revenue No. 2 No. 2

Offices in more than 40 countries globally

Global (1) US

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Questions

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