Best coverage groups at JPM NY?

Buddy is going through the group process - want to know best rated groups at JPM NY in terms of prestige, exit opps, pay (culture completely irrelevant... my buddy can grind if he/she has to). Thanks

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Hey JohnnyHammersticks, I'm here because nobody responded to this thread after a few days...maybe one of these resources will help you:

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  • Deutsche Bank Best IB groups which groups rank at the top in terms of prestige and exit opps. Any thoughts on the Consumer group ... top groups? The best groups in IB at Deutsche are Real Estate Gaming and Lodging, Leveraged Finance, ... ? Would love M&A but I feel like everybody is gonna go for it. Top Groups
  • TOP TOP GROUP(NY) or PE arm of Bank...Best Path to MF? to top banking group in NY (always considered "the top" or "one of the top" on ... tech, Qatalyst, BAML sponsors, JPM SF). I went through on-cycle this year but couldnt get any MF in NY ... interviews (maybe because I was in WC). My goal is to eventually work at a MF in NY. I have two offers and ...
  • 43 Diversity Recruiting Programs at Investment Banks- The Most Exhaustive List Women's Program (CCS) Description: 8-week sophomore summer analyst programs in NYC Divisions: Coverage and ... Program Description: 3-week summer rotational internship program in NYC Divisions: Sales and Trading and ... Investment Banking rotations Eligibility: URM, must attend a New York Metro area high school or have ...
  • Which Offer to Take- Bad Dept. at Goldman, or Good Dept. at Jefferies? department at good firm, or good/more rewarding work at "lesser" firm. banking offers to Monday, ... department in which you'll be working? And by "Goldman," I don't necessarily mean ... Goldman, but top-tier firms, in general. Same for "Jefferies"-- that represents ...
  • Official Investment Banking Rankings: Boutique and Bulge Bracket Prestige these rankings (as @MrF notes): "Best" of course being relative and completely dependent on ... "prestigious" the offer is, at least if you are weighing multiple offers. These are primarily US rankings. In ... Best Mega fund and exit opportunities, top in prestige Tier 2: Most Mega funds opportunities, some ...
  • More suggestions...

I hope those threads give you a bit more insight.

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As a junior banker, pay is the same at JPM across groups. They do it based on your ranking letter. So an 'M' in Oil & Gas coverage vs an 'M' in Consumer & Retail is going to get the same pay. 'M' is average, 'M+' is above average, and 'E' is the best. They do a little bit of differentiation within each of those, but only by a couple K.

For exit opps, my friends in coverage groups did better than those in product groups. I don't think the industry really matters - do one that interests you and you would be good at so you can get the highest rank possible.

 

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