Group Placement for SA 2022

Hello, accepted an offer at JPM for generalist and HR told me group placement happens in January (2022) after some networking sessions between groups and interns. Is it normal to look up current analysts/ associates in favorable groups and try and network now? Or should I wait closer to January? 

If I do network now, is it bad to ask how sweaty it is within the group? I am happy to suck it up as a SA but I want to not get too fucked. Any info or tips welcomed, not trying to flex JPM but I don't believe MS or GS do group placement like JPM. Could be wrong though. 

 
Most Helpful

Grouo placement is final. In response to OP, if actual group placement events and placement day is January, you should definitely start before. For example, mind was in April and I began reaching out to people in November (like 2-3) and actually started in like January. Early on its important not to be too aggressive since it is early. Also at first just find out about what a lot of the groups are like, don’t tell one group early you’re super interested before talking to at least a few groups. As it gets closer to the process, you want to talk more to your top 3 and 100% indicate interest.

 

Bump how should one go about networking for group placement

 

Should we be attaching resumes in these outreach emails? Also I'm a non target so I only have one alum and at my bank currently, and they're in a shit group. Is it okay to reach out to non alums?

 

1.  Is it normal to look up current analysts/ associates in favorable groups and try and network now?

Definitely does not hurt and actually shows your interest which is a positive. Don't discount the little things, they go a long way toward securing your final offer 

2. If I do network now, is it bad to ask how sweaty it is within the group? 

Do not directly ask this unless you're on personal terms with that person because this does not reflect well. More indirect questions that may give you a hint can be like asking how the deal flow has been lately, which can indicate (1) how the hours have been, (2) whether you'll be in a group with healthy deal flow etc. (3) how that person responds which can tell you whether he/she enjoys being in the group

Above all, think about which industries you have a genuine curiosity, interest, or even passion in! IBD is extremely challenging so a personal interest in that sector definitely helps  

 

Thank you for this write up! I have found several analysts on linkedin but cannot message them without linkedin gold. Is it okay to cold email and is there a good time in the day to email? I am assuming the email format as (edited out)

 

Aliquam ut expedita quo saepe saepe. Tempore veniam occaecati ab. Ipsam repellendus dolore et tenetur cupiditate. Et in laudantium repudiandae quos.

Aut blanditiis sit eius pariatur animi velit rerum. Magnam nobis sed vel doloribus aut. Laborum illo rerum quia placeat est. Perferendis eaque minima illum quo doloremque ea et nemo. Deleniti eos nulla magni necessitatibus ut.

Et laudantium soluta est magnam iste et maiores. Explicabo consequatur dolorem voluptatem voluptates vel. Exercitationem hic ipsa eligendi et qui nesciunt harum.

Vero consequatur aut adipisci a odit quasi nam. Consequatur qui labore necessitatibus ut ut est. Debitis illum nam corrupti excepturi. Ut adipisci alias vero aperiam eum dolores eos. Et animi beatae qui laborum. Id et totam quia magnam rem tempore dolores nam. Adipisci repudiandae qui est eius sunt.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”