Quantitative Research Associate

Status
1st Year Analyst at
Group/Division/Type
Quantitative Research
City
London
Interviewed
December 2014
Overall experience
Neutral
Difficulty
Easy

General Interview Information

Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month

Interview Details

What did the interview consist of?
Phone Interview
Please describe the interview / hiring process.
I applied online. The application process is as follows: You have to write three essays of 200-300 words each (the questions are basically about your possible contribution to JPM and this particular program), fill out the form and upload your cv. You'll get a confirmation mail after submitting your complete application. Also, you have to complete an online numerical test. If I remember correctly, I had to answer 20 questions in 20 minutes. You can practice these tests before, just google them. All investment banks use similar tests (except for BNP Paribas).

If they are interested, they'll invite you to a first round telephone interview which will last for one hour. In order to schedule the interview, you'll get another mail so that you can choose from available time slots and send them your telephone number.

A guy from the quant division called me. First, I had to take him through my cv. Thereafter, he was talking a lot about JP Morgan and what makes JPM stand out from its competitors. Basically, this is about your interest in finance, the particular program and the company. Learn about the structure of JP morgan, what every division is doing and how this affects your role. The second part consisted of technical questions. Be prepared to to answer questions about probability statistics (distributions, its moments, confidence intervals) and option pricing (black scholes).
Overall Company Rankings
Blurred content of Overall Company Rankings Blurred content of Overall Company Rankings

Want Access to these JPMorgan Overall Company Rankings?

  • Free 1 month access by adding just 1 salary datapoint here
  • REAL salary bonus data across 1,000+ companies
  • Plus free 1 month access to 10,000+ interview insights

Was this interview insight helpful?

How many stars would you give to this interview insight?

No votes have been submitted yet.

video
Break into Goldman Sachs
WSO Academy helps place students in Elite Firms around the world
$100bn+
Est Annual Revenue

Other Interview Data

Associate (Vice President)
Goldman Sachs, CHICAGO, 2016
Trader (Vice President)
HSBC, New York, 2022
Vp (Vice President)
Morgan Stanley, New York, 2021
Vp (Vice President)
Morgan Stanley, New York, 2021
Quantitative Strategist (Vice President)
Morgan Stanley, NA, 2020

Unlock WSO Database

1 month free. Add your own pay data.