JP Morgan freshman/sophomore internship

I haven't been able to dig much info up on JP Morgan's internships specifically for freshman and sophomores in college. Anyone know about the average qualifications of the kids they take? I'm currently a freshman at a target school, and expect to have a GPA of about 3.7-3.9 gauging the rest of my first semester and my current grades (finals aren't worth that much in my classes). This past Summer I worked at a commercial real estate brokerage firm, but that isn't very applicable to IBD/S&T. I do have knowledge of DCF's and other types of valuation methods, but nothing too extensive. I'll definitely apply, but am wondering whether I should expect to even be considered.

Thanks for the advice in advance.

 

I applied, the application deadline for my school was like last wednesday, I highly doubt that anyone would have heard back yet, considering they get A TON of apps for this program.
Ask your connection,

 
blackjack21:
That Freshman Sophomore program is a crapshoot. First of all, they should just call it the Sophomore program since you can probably count the number of freshmen in that on your hand.

A head start would certainly be nice.

I may just take a leap of faith and not have my hope up.

But seriously, does anyone know how many rising-soph do they take each year?

I know that diamonds mean money for this art, but that's not the shape of my heart.
 

Almost every freshman I know or heard of at JPM were participants in the Smart Start program ( the firm funds your four-year undergrad and you are a summer analyst all three summers you spend in college). Others were in back office roles or, as always, very well-connected.

Long story short, if you aren't a diverse applicant, freshman programs that run the whole summer don't really exist.

I am permanently behind on PMs, it's not personal.
 
APAE:
Almost every freshman I know or heard of at JPM were participants in the Smart Start program ( the firm funds your four-year undergrad and you are a summer analyst all three summers you spend in college). Others were in back office roles or, as always, very well-connected.

Long story short, if you aren't a diverse applicant, freshman programs that run the whole summer don't really exist.

Thanks! This is extremely informative.

I guess people do not get decent summer internships until their junior year.

Meanwhile, I'll do paper trading and other stuff.

I know that diamonds mean money for this art, but that's not the shape of my heart.
 
Best Response

There are actually a number of sophomore programs out there for non-diverse students. UBS has the President's Internship, BAML has a rotational one across IBD and S&T, Morgan Stanley has the IBD Sophomore Rotational program, JPM and GS each accept sophomore applicants ... freshman year is definitely scarcer than sophomore year in terms of internship opportunities.

I am permanently behind on PMs, it's not personal.
 

Summer after freshman year is for working a crappy minimum wage job and hanging out with your buddies. Not working 90-100 hrs a week in NY. Save that for your junior year because these are the last "free" summers you have for the rest of your life

Plus, chances you get it are 1 out of 1,000,000,000.

Good Luck.

 
BigRedAEM:
I thought I would try and do something like this but I've decided against it in favor of travelling Europe or Australia this summer. I'll still have a story to tell and have fun along the way.

ari's awesome.

remember australia's seasons are the other way around to the northern hemisphere so not always fun.

does jp even hire freshmen interns? i thought they're more of a liability unless they're child prodigies or smth.

 

aquamarinee, did you apply this year? I remember reading one of your posts somewhere...something about how you interviewed last year when you were a freshmen. how did it go/what kinds of questions did they ask you? is there round 2 interviews and such? thanks

 

I anticipate it will be skewed towards behavioral / all fit. Know your story, why banking/trading, why JPM, your strengths/weaknesses, etc.

Since you are an accounting major, questions on linking the financial statements is fair game. There could also be brainteasers, and you can bet on being asked about the markets / economy / M&A trends.

I've written about common interview questions below. Feel free to reach out with any questions.

 

thanks breakingbankers

GutShot, there is a superday for this program? JPM is coming to our school to interview. I don't even know how the process is because it doesn't say specifically that this is round one and that there will be round 2, and final...

 

Hey GutShot when were you notified of an interview? Is this your first round? Also, I am also from a non target George Washington), so I'm wonderding where you go to school. If I have not been contacted yet do you think that I have no shot? Thanks

 

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