JP Morgan Middle Market Banking Summer 2021 Offer

Hi everyone. I recently got an offer for JP Morgan Chase MMBSI summer 2021 program. I'm aware that it has limited exit opps, so I'm just curious I anyone has any insight to this as a long term career or how much chance I have of lateral movements within JP Morgan. Thank you!

 

Hey man, having a friend who went through this internship program, I suggest you consider other options. Clearly, you are a very qualified applicant having gotten the offer, but this internship gives limited return offers, and teaches little valuable skills. I believe they only gave 20% of interns offers last year.

The managers are demanding rather than helpful and encouraging, and the tasks you are assigned have little to no significance to actual deals. If you are considering a full time position, starting salary is 75 K, but there is very little movement from there. You may be attracted to this offer because of the JPMorgan name, but long term, you will not be receiving the pay associated with the name. In addition, the exit opportunities are very limited.

Hope this helps.

 

Provident esse aperiam quam. Adipisci voluptatum optio incidunt. Consequuntur magni dolorem est. Ut inventore necessitatibus est vel. Molestias officia voluptatem sed beatae.

Quos maiores perspiciatis pariatur fuga. Laudantium delectus fugiat molestias sit. Aut quia praesentium dolorem culpa quia possimus. Laborum facere ex rem impedit eum iure provident ut.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”