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“Very very” hardo is an understatement. I work at another bank (GS/MS) and we regularly face each other on the different side (or same side). My group rarely works on Saturdays unless it is truly a live deal that requires immediate attention. All the CS work are scheduled to start/finish at a certain time and staffers have maintained that schedule well. What that means for juniors like me is that I know exactly when to do the works and I can greatly alleviate the uncertainty of staffing and work, which has been one of the pitfalls of this job. Having that said, my friend at JPMFIG has to routinely face verbal abuse from seniors and staffers (e.g., “these dumb first years how did they get through the door?” that sort of things). Again, my friend story is just an individual case to demonstrate the hardo culture.
I mean…I don’t have any reasons to lie to strangers other than the fact that I am sharing what my friend told me, and he is the one in the meeting with the staffer. It’s true that the seniors and staffers pick up the kids but it doesn’t prohibit them from talking shits if that makes sense.
This sentiment is so common. How do you think most staffers/hardo associate/VPs act? Myself and most of my friends have had similar or worse things said to us. This is honestly on the tamer side of things.
When I interviewed here they were just brutal (not like abusive but the questions were hard and it was obvious early we weren't clicking). Even though they were the best FIG group I had a shot with there was almost no way I was gonna go there even if I got the offer.
Do not come, avoid at all costs. Extremely, extremely sweaty, 90-100 hours with working all weekend as the norm not the exception, many had to work all thanksgiving. Run by hardos across all verticals. >70% of first year analysts quit after one year, let alone two. Despite having A2A their entire most 2nd year analyst class will be leaving and nobody will be staying on.
google JPM FIG and see the previous posts for future reference - you’ll see nothing has changed. It’s not worth it man, I promise. Join another group
Both from a social standpoint and a function of how reasonable / understanding the seniors are, it's a first for me to see anyone describe insurance as a strong culture and specialty finance as a bad culture.
I networked with a guy that switched internally into JPM FIG for 1-2 years. The guy hated it. Talked about very long hours, endless pitch work, and not being able to see the work result into live deals. He quickly moved back into his old team because he hated doing FIG at JP so much. Culture also sucks, and he was also kind of a dick.
If you're looking for long hours, bad culture, working on pitches that won't lead to anything, and are a complete masochist, JP FIG is for you.
This sounds about right. They do actually have good deal flow but the best ones go to the best analysts (very lord of the flies) and others don’t get closed deal experience. Unlike an EB where everyone gets great experience regardless - compete for bonus (less than JP) and not deals as well
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Hi Intern in IB - Gen, just because I'm a bot doesn't mean I don't have feelings...I'm hoping these links are helpful. If not, feel free to throw monkey shit at me...
More suggestions...
If those topics were completely useless, don't blame me, blame my programmers...
Very solid group across the street. Works closely with GS MS, but can be a little hardo
“Very very” hardo is an understatement. I work at another bank (GS/MS) and we regularly face each other on the different side (or same side). My group rarely works on Saturdays unless it is truly a live deal that requires immediate attention. All the CS work are scheduled to start/finish at a certain time and staffers have maintained that schedule well. What that means for juniors like me is that I know exactly when to do the works and I can greatly alleviate the uncertainty of staffing and work, which has been one of the pitfalls of this job. Having that said, my friend at JPM FIG has to routinely face verbal abuse from seniors and staffers (e.g., “these dumb first years how did they get through the door?” that sort of things). Again, my friend story is just an individual case to demonstrate the hardo culture.
No chance this actually happened.
1) the staffer would get crucified for saying something like this and there is zero to gain
2) the seniors and staffers chose the latest set of first years. If they are subpar, they only have themselves to blame
I mean…I don’t have any reasons to lie to strangers other than the fact that I am sharing what my friend told me, and he is the one in the meeting with the staffer. It’s true that the seniors and staffers pick up the kids but it doesn’t prohibit them from talking shits if that makes sense.
This sentiment is so common. How do you think most staffers/hardo associate/VPs act? Myself and most of my friends have had similar or worse things said to us. This is honestly on the tamer side of things.
that’s JP FIG. I was there a while. That’s the truth. They’re verbally abusive.
When I interviewed here they were just brutal (not like abusive but the questions were hard and it was obvious early we weren't clicking). Even though they were the best FIG group I had a shot with there was almost no way I was gonna go there even if I got the offer.
Do not come, avoid at all costs. Extremely, extremely sweaty, 90-100 hours with working all weekend as the norm not the exception, many had to work all thanksgiving. Run by hardos across all verticals. >70% of first year analysts quit after one year, let alone two. Despite having A2A their entire most 2nd year analyst class will be leaving and nobody will be staying on.
google JPM FIG and see the previous posts for future reference - you’ll see nothing has changed. It’s not worth it man, I promise. Join another group
Have you heard anything about RIB?
are you at JPM? if so what are the return offer rate like for SA at FIG, and hows the placement process structured.
Bump, any updates on culture, exits?
Any idea on which verticals are better than others at JPM FIG, re: culture (i.e. banks, insurance, asset mgmt, spec. fin.)?
Also interested
banks strongest deal flow, bad culture, strong exits. FTWAM decent deal flow, good culture, good exits. Insurance strong deal flow, strong culture, okay exits. Specialty finance: good deal flow, bad culture, okay exits
Do you know the return offer rate for SA? and does SA work similar hours
~80% return rate this past year. 2020 was 100% due to COVID.
Didn't JPM recently lose their FTWAM co-head? Think that will affect deal flow/exits?
Their AM head went to jefferies
Insurance isn’t a strong culture anymore just given workload
How long ago were you there?
Both from a social standpoint and a function of how reasonable / understanding the seniors are, it's a first for me to see anyone describe insurance as a strong culture and specialty finance as a bad culture.
They are a top shop but my god its no understatement that their culture really needs improving
I networked with a guy that switched internally into JPM FIG for 1-2 years. The guy hated it. Talked about very long hours, endless pitch work, and not being able to see the work result into live deals. He quickly moved back into his old team because he hated doing FIG at JP so much. Culture also sucks, and he was also kind of a dick.
If you're looking for long hours, bad culture, working on pitches that won't lead to anything, and are a complete masochist, JP FIG is for you.
This sounds about right. They do actually have good deal flow but the best ones go to the best analysts (very lord of the flies) and others don’t get closed deal experience. Unlike an EB where everyone gets great experience regardless - compete for bonus (less than JP) and not deals as well
Source: worked there
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Sint quos sequi pariatur eum deleniti suscipit. Unde saepe dolorem iusto explicabo ut sapiente quidem.
Ducimus eius sint architecto. In necessitatibus neque ipsam. Sed fugit nesciunt ratione velit pariatur. Nemo impedit officia doloribus nemo facilis voluptatem.
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