JPM FIG vs Mid Tier BB FIG

have an FT offer for JPM FIG and am currently an SA at a mid-tier BB (BOFA, Citi, CS, Barclays. Like my team and all but am dead set on PE, will being part of JPM FIG help me a lot in the recruiting process, or would I get the same interviews from my mid-tier BB?

24 Comments
 

All of those mid-tier FIG groups are solid (most FIG teams are pretty good because of the amount of deal flow FIG as a sector gets. However, JPM is considered a top FIG shop on the street below just GS and possibly Lazard, and you'll likely get better looks from JPM. I'd like to caveat that FIG is a pigenhole, as mentioned by others on this site, but it is comparatively easier to go to a generalist shop with a FIG practice since it is arguably harder to transfer into FIG than out of it. It is also possible to do generalist recruiting but that takes a lot of effort and at least a little luck (but I have seen it done). If you really like your group though, don't leave. JPM FIG is reputed to be a sweatshop with a tough culture, and in all honesty exit ops are less about group and more about you, so if you'd like to enjoy your life somewhat for two years go to the group you get along with people the best

 

JPM FIG is a good group. It is "better" than the other FIG groups you mentioned and the exits have been solid (including non-FIG roles). That being said, I have heard terrible things about the culture (and lifestyle) from two friends who had worked in the group (and both exited to non-FIG PE). If you really like your current group, it might be worth staying. JPM name may help slightly with landing interviews but nabbing offers will largely come down to individual ability.

Array
 
Most Helpful

I know someone who works there (associate) and when I last spoke with him he said the group does not have a terrible culture the way everyone here describes it, although I do think they work very hard and the hours aren't great compared to other FIG groups or other groups within JPM. If I were in my senior year and I were in your situation, I would take JPM FIG without a doubt. But after two years in banking I've realized how important fit and culture really has been in making me a successful and (somewhat) happy analyst and also lucked out and found an exit opp I'm really excited about. Try to dig a little more into what the team at JPM is like and if you can picture yourself there.

With that said, if you are 100% certain PE is right for you and want to best position yourself for recruiting, I would take JPM FIG.

 

OP here thanks for that, it's even tougher to see how well I mesh with my current group with the virtual environment, do you know if the JPM analyst team is very tight-knit?

 

Thought JPM FIG hasn't even started FT recruiting. OP, do you actually have an offer?

 

Thought JPM is only extending return offer to SA this Friday? So they already finished FT recruiting before giving S.A. offers?

 

If you’re dead set on PE would definitely go to JPM. FIG beyond the top few shops (GS/MS/JPM) drops off significantly in terms of exits and ends up pigeon-holing you a fair amount. Know a number of Barclays and CS former FIG analysts who weren’t able to land buy side offers and have become IB associates. JPM FIG culture isn’t meant to be great, but the exits will be meaningfully better and it is one of the only FIG groups that will open up the possibility of strong generalist roles as well. For what it’s worth and not sure of the reason for this, but the culture sucks at all FIG groups - GS, MS, CS and JPM all amongst their worst, not sure on the others.

 

Impossible to say without having been a fly on the wall in their interviews / head hunter meetings, but generally smart / well spoken people from good schools as well. PE and particularly FIG PE is possible from pretty much any FIG BB group, just easier at some compared to others. In these sorts of groups you’ll often see a portion of the class recruit unsuccessfully or broaden the type of roles they look at (lateral IB to boutiques, internal moves, more middle market / LMM focus PE, fund of funds, etc)

 

Porro esse officiis sit deserunt ducimus omnis autem. Tempore nobis sed non quasi sunt dolorem eos. Magnam omnis possimus quia. Sint laborum occaecati odio quia corporis nulla eveniet. Iste quibusdam tempora distinctio. Nemo qui molestiae aut ad illo rerum.

Corrupti minus enim omnis ipsam illum. Aspernatur autem modi quia in et. Qui voluptatem tenetur dolore omnis et.

Explicabo porro omnis ad ducimus voluptatem quibusdam iusto. Ipsa quam vel porro. Velit voluptas debitis deleniti consequuntur ut commodi minus. Officia debitis iste ad ullam voluptatem voluptas non magnam. Id ipsum error blanditiis. Laudantium adipisci dignissimos atque.

 

Consequatur et numquam dolorem aut enim corporis. Architecto sunt eum consectetur in. Accusamus molestiae excepturi molestias. Ratione est et doloribus voluptatibus quam.

Quis nobis consequatur sit facere distinctio cupiditate debitis tempora. Quae quia est ipsa iure eaque illo. Delectus ipsam magni amet. Omnis laborum molestias corrupti delectus voluptate omnis quo.

Est doloribus doloremque nam dolores quia molestias. Commodi inventore hic qui. Earum repudiandae vitae beatae praesentium id voluptas. Neque dolor quia deleniti et cum id vel.

Sed earum incidunt unde ea architecto labore ut. Eos asperiores eius in et est explicabo. Odio saepe dolores pariatur id in et expedita. Amet ad quo totam sed quo.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
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...”