J.P. Morgan Interview Questions

68 total interview insight submissions
Interview Experience (65%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (94%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

2.9
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (91%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

64%
  • 0%
  • 10%
  • 20%
  • 30%
  • 40%
  • 50%
  • 60%
  • 70%
  • 80%
  • 90%
  • 100%

About interviews at J.P. Morgan

Interviews at J.P. Morgan

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Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
Intern
Year 2022
Job Title Intern
Group/Division Generalist
Location New York
Experience
Very Positive
Difficulty
Average
Intern
Year 2021
Job Title Intern
Group/Division Private Wealth Management
Location New York
Experience
Positive
Difficulty
Very Easy
Summer Associate Intern
Year 2022
Job Title Summer Associate Intern
Group/Division Generalist
Location New York
Experience
Very Positive
Difficulty
Very Easy
2nd Year Analyst
Year 2018
Job Title 2nd Year Analyst
Group/Division Investment Banking
Location New York
Experience
Neutral
Difficulty
Difficult
1st Year Analyst
Year 2022
Job Title 1st Year Analyst
Group/Division Securitization
Location New York
Experience
Positive
Difficulty
Easy
Intern
Year 2022
Job Title Intern
Group/Division N/A
Location New York
Experience
Positive
Difficulty
Average
Intern
Year 2022
Job Title Intern
Group/Division Generalist
Location New York
Experience
Positive
Difficulty
Average
Intern
Year 2022
Job Title Intern
Group/Division Generalist
Location New York
Experience
Positive
Difficulty
Average
Intern
Year 2022
Job Title Intern
Group/Division Generalist
Location San Francisco
Experience
Positive
Difficulty
Average
Summer Associate Intern
Year 2022
Job Title Summer Associate Intern
Group/Division Generalist
Location San Francisco
Experience
Negative
Difficulty
Difficult

Interview Questions & Answers - J.P. Morgan Examples

First Year Analyst Interview - Investment Banking

Anonymous interview candidate in New York
Interviewed: May 2023
Date Submitted: Sep 30, 2024
Outcome
No Offer
Interview Source
Applied Online
Length of Process
2-3 months
Application
Phone Interview
1 on 1 Interview
Presentation
Skills Test
Interview
1. Introduction & Fit Questions
Brief self-introduction (education, work experience, interest in finance).
Why do you want to work in investment banking?
Why are you interested in our firm specifically?
Walk me through your resume.
What skills do you bring that would make you a successful investment banking analyst?
What motivates you to work in a high-pressure environment like investment banking?
Tell me about a time you worked on a team and had to handle conflict.
Why should we hire you over other candidates?
2. Technical Questions
Valuation:
Walk me through a discounted cash flow (DCF) model.
What are the different ways to value a company?
How would you use comparable company analysis (Comps)?
What is precedent transaction analysis, and how is it different from comps?
How do you calculate enterprise value (EV)?
Financial Statements:
Walk me through the three financial statements (Income Statement, Balance Sheet, and Cash Flow Statement).
How are the three financial statements linked?
If depreciation goes up by $10, how does that impact the three financial statements?
Interview Questions
Brain teasers like
18 x 18
Sample Answer

Summer Analyst Interview - Generalist

Anonymous employee in New York
Interviewed: February 2023
Date Submitted: Sep 11, 2024
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview
I had applied with employee referrals in early 2023 for the 2024 summer analyst position and received a Hireview invitation shortly after the application was submitted. I then received an invitation for a superday. The superday was three rounds and split between situational/market-based/misc. interview, a behavioral round, and a technical round. Received an offer a few days after the superday. I would recommend doing many mock interviews in preparation for this process, as confidence and not being able to adapt to any question is critical.
Interview Questions
I was asked a mix of tell me about yourself, a "tell me about a time..." question related to teamwork, and a technical question about synergies. The superday was three rounds and split between situational/market-based/misc. interview, a behavioral round, and a technical round. Situational/market-based/misc. interview has questions on stock pitch, market trend, general corporate finance/CFO questions and what would you do in this work situation (i.e. your MD gives you more work but you are already backlogged, what do you do?). Behaviorals were typical strengths/weaknesses, why JPM, why finance, and tell me about a time questions. Technicals were surface level ranging from basic finance and accounting concepts to LBO (influenced by experience on resume, I had LBO experience on my resume and this was referenced in my interview).
Sample Answer

Investment Banking Intern Interview - Oil & Gas

Anonymous interview candidate in Calgary
Interviewed: June 2021
Date Submitted: Aug 04, 2024
Outcome
No Offer
Interview Source
Applied Online
Length of Process
2-3 months
Application
Phone Interview
1 on 1 Interview
Personality Test
Interview
Interview was incredibly rigorous and required a near complete understanding of the oil and gas industry. The superday was 3 hrs and they would dig into every subject as much as possible until you said you didn't know. It included a bunch of standard questions from the BIWS guide but then they would add several oil and gas specifics on top of that including modelling nuances and industry questions.
Interview Questions
If you could have dinner with 3 people who would they be?
Explain the difference between WTI and WCS oil.
How would the WACC of a company on a tornado bound island differ from a typical WACC
Sample Answer

Summer Analyst Interview - Private Banking

Anonymous employee in New York
Interviewed: April 2015
Date Submitted: Jan 25, 2024
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
1 on 1 Interview
Group Interview
Interview
First round is Hirevue followed by a 1:1 phone call with an analyst. Mostly markets questions and why Wealth Management. Received an email a few days later for a Superday. Superday consisted of 4 interviews (2:1); mostly behavioral mixed with technical questions of concepts (diversification, if you had $1M what would you invest in). The highest level of the employees I met with were VPs.
Interview Questions
If you had to explain why diversifying assets was important to a 5-year old, how would you explain it?
Sample Answer

Summer Analyst Market sales Interview - Sales and Trading

Anonymous employee in London
Interviewed: April 2023
Date Submitted: May 18, 2023
Outcome
Accepted Offer
Interview Source
Other
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview
I was fast-tracked to the Assessment centre after J.P. Morgans 2023 spring week programme (London). We had to do an AC which comprised of 3x30 minutes interviews with 3 different desk, interviews were conducted by VP-MD. The questions asked were mainly motivational and behavioural, with an average of 2-3 market based questions per interviewer. Not many questions regarding Why J.P.M as we were all from the Spring week programme, overall process was very smooth the interviewing process was very tough as there was an extremely low conversion rate.
Interview Questions
Tell me about a mistake you made and a life lesson/lesson you learnt from that mistake
How to value option pricing and bond pricing
What makes you stand out against your competitors/ what have you done that no one else could do
Sample Answer

Intern Interview - Generalist

Anonymous employee in New York
Interviewed: December 2022
Date Submitted: Dec 28, 2022
Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Interview
I applied online and in a few weeks was asked to set up a phone interview. Had the phone interview with an analyst that went half an hour to 45 minutes. Basic behavioral questions and some technicals (walkthrough financial statements, ratios, valuation techniques).

About a week after the phone interview I got invited to a superday. Six interviews with either one or two analysts/director. Mostly behavioral questions with a few interviews quizzing on technicals. Behavioral questions were things about the job hours, your interest in the sector, your interest in ER, and others like that. Technical questions were mostly on simple valuation and accounting topics. Most of the time consisted of talking about your experience and work with coverage area.

Thought everything went well, but I did not receive an offer. The process took about two months from applying to my last contact with the group.
Interview Questions
Tell me about a deal you worked on in the summer and how you contributed? What were the comps like? What were the sources of funds? (Round 4)
Sample Answer

Summer Associate Intern Interview - Generalist

Anonymous employee in San Francisco
Interviewed: November 2022
Date Submitted: Nov 20, 2022
Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
2-3 months
Application
Interview
Vigilant is basically a private event-driven hedge fund who also outsources its technology to other funds, and I learned about their activities from a friend who interned there. So I applied online and got one interview about a month later. The interview was at Vigilant's office in downtown Montreal and it was with 2 people: one HR and one manager of the market team. They started off with behavioural questions (eg. walkthrough your resume, what are your strengths, tell me about this experience on your CV..) then quickly jumped into market-related questions such as: what's your view on gold, what's your view on US economic recovery in the next 20 months, which event have you been following and what trades did you think about. The interviewers were very nice and gave their own opinions about the market. I had a good feeling about it. The entire interview lasted 30 minutes and I was told that they would get back to me, which they never did even after I followed up with them. So that left me with a bad impression of this company.
Interview Questions
Where do you see yourself in 5 years? (Round 3)
Sample Answer

Summer Associate Intern Interview - Generalist

Anonymous interview candidate in San Francisco
Interviewed: November 2022
Date Submitted: Nov 14, 2022
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
2-3 months
Application
Interview
This was a fairly standard interview process as far as BB Trading interviews go. I did an on-campus interview first and was then invited to participate in a super day. The super day was standard as well with 4 interviews over the course of 2 hours. The interviewers were incredibly personable and really tested all aspects of finance knowledge. One interviewer focused on quantitative questions and brain teasers, while another discussed macroeconomics for the full interview length.
Interview Questions
If my company has been profitable for the past couple years, how can it go bankrupt? (Round 3)
Sample Answer

Summer Analyst Interview - Investment Banking

Anonymous interview candidate in New York
Interviewed: September 2022
Date Submitted: Oct 30, 2022
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Other
Interview
It was a hirevue. Got asked mostly behaviourals. Questions like what would you do in specific situations, a time you worked in a team, a time you had to solve a complex problem.

Furthermore, you should come prepare for analysis on current market events. Pretty chill
Interview Questions
A time I had to deal with a difficult colleague at work

My thoughts on current market events
Sample Answer

Intern Interview - Generalist

Anonymous interview candidate in New York
Interviewed: October 2022
Date Submitted: Oct 25, 2022
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
Interview
CV screen followed by case study then HR interview and then final round with academy coach. HR was behavioral, final round was general markets discussion.
Interview Questions
What's 5*6 (Round 3)
Sample Answer
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