Infrastructure · Project finance

You spend a summer as a credit analyst on loans to infrastructure such as roads, power plants and networks, judging whether each project will earn enough to repay.

The Global Infrastructure Credit team at Bank of America assesses lending to infrastructure, long-lived assets that earn steady income over many years. Such loans are usually repaid from the cash the asset itself produces, so the core question is whether that income will be enough. You spend the summer on the desk working on real deliverables.