I, cant get into Ibanking out of undergrad, non target school. I got an offer for Corp finance rotational program with JPMC, rotate every 6 months for 2 years within different divisions, they are only taking 4 analysts for the chicago office and I am wondering if anyone heard anything about the program. Exit ops, how do MBA programs look at it.
any help would be sweet, anyone besides assmonkey
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I have heard that the program is solid if you do not know which division you want to get into before you start the program. After the program, you get to pick which division you want. Only drawback is that you start at the entry-level in that divison. It will give you a lot of exposure to different areas, but it will cost you 2 years of time that you could've spent specializing in one area.
thanks, anyone else?
I went to a college with a guy who did that program and I believe he is still with JPM. If you want his info send me a message. I am not completely sure I agree with nebinsds though...you can request which group to go to full-time after the program is over, but it is not guaranteed that (i) they want you, or (ii) they have room for you.
Exit opps exist in all four rotations, although some are obviously better than others.
better than nothing, coming from a non-target school you really can't be picky.
Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...
Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...
I'm from a non-target and we have students at banks ranging from Goldman Sachs to Banc of America. What were you saying about being picky? Tool.
I agree w/Hank. I come from a non-target and we send kids all over the place. You just need to be a good networkers, somewhat smart and you can do it.
well I don't know his situation, but in yours I'm going to assume you had an internship.
And I'm sure those students had internships and very high marks.
Way too many students graduate college thinking they'll have employers busting down their doors to hire them at 100K, that only happens for few, your typical college student will be lucky to find a job before graduation
Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...
Dude, i don't know your deal, but this desperateness to get into banking is going to come through negatively in interviews. What's your deal? do you have a girlfriend? Friends? Is your school boring?
I'm from a non-target, have a 3.3 GPA, didn't intern at a BB, and I just signed w/ a top-10 IB. It can be done.
Nice. I like the JPM corporate finance rotational program. Think of it as a 2 year internship at the bank. The chance to turn a new leaf every six months means that you'll build a strong internal network with internal leadership at the bank. That's very compelling.
one of my friends is in that program in new york. the positions to which you can rotate seem more like consultancy/operational in nature, but her lifestyle is pretty good. lots of vacation days and time in between, and very manageable hours -- much more so than you'd get in banking or research.
aspiringmonkey, of all people, you're probably the person that can least afford to be picky. you really shouldn't be advising others as to whether they can pick and choose -- after all, the guy you're talking to has a job offer, whereas you do not. your behavior is quite regrettable, really.
JP Morgan corporate finance Analyst 2-yr Rotational Program Location (NYC Metro) (Originally Posted: 11/05/2014)
Hi,
I am new to the Board and have a question. I have received offers from multiple banks in their respective 2-year corporate finance rotational programs (NYC Metro).
The starting packages are all pretty comparable, with some slight variations here and there with the benefit packages.
At this point, I am leaning towards the JP Morgan corporate finance Analyst position, but am looking into the physical location(s) of this program.
Unfortunately, JP Morgan was not able to tell me where the location(s) of this 2 year program will be -- Manhattan (Park Ave, Madison Ave, or Wall Street), Brooklyn Tech Center, or Jersey City, NJ, or possibly a combination of all of the above. All of these locations comprise JP Morgan NYC Metro.
I realize that anything can change from now until July, 2015, but can anyone on this board who either was in this rotational program (or knows someone who was) in the past/present, tell me in which location(s) (and for how long) in NYC Metro, that this 2-year position took place in?
Also, as an aside, any information on your impressions of this program?
I already have comparable information for my other offers, and need to make my formal selection shortly.
Thank you in advance to anyone who can add any insight here. I will keep in mind that any info from the past may not necessarily be indicative of the future.
what's prob more important than physical location of the office within the nyc area, is the actual groups that you will rotate through...granted the most sought after groups (M&A, Strategy) will be in the manhattan offices, but if i were you i would try to find out more info on the groups themselves than the actual location.
Thanks, I certainly agree with you. But, I'm also very interested in location, since it effects where I will be moving to (NYC or NJ). Do you have any info on that?
not positive, but if i had to guess, i would say you will be in one of the manhattan offices. rotational programs tend to be relatively competitive so i just cant see them stashing their rotational program guys all in the NJ office for the entire 2 years. thats not to say you might not rotate through the NJ office at some point - i believe JPM has their internal audit and some other accounting functions in the NJ office which you very well may end up rotating through at some point.
dont base your apartment hunt on the location of your office - like def find something thats atleast convenient to commute from, but you dont need to live 3 blocks away from your office. find an area you will enjoy hanging out/where you can meet ppl
Thanks for the advice. Anyone else have any location information?
Any current JPM corporate finance employees care to comment here on the locations of their 2-year rotational program employees? I'm starting to look at locations to live in, and I would greatly appreciate and information available. Thanks in advance.
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