JPM Group Placement Advice

Hi Monkeys,

I'm going through JPM intern group placement, and am kind of lost. What teams are good and what do I need to prep? Some of them grill me on technicals, while others just ask me to ask questions. Any advice on how to prepare and how cooked am I if I didn't get all the technicals correct

37 Comments
 

When it comes to group placement at JPMorgan, here's what you need to know based on the most helpful WSO content:

Top Groups at JPMorgan

  1. Healthcare (HC): Known for strong deal flow and excellent exit opportunities. However, it's highly competitive.
  2. Technology, Media, and Telecom (TMT): Another top-tier group with significant deal flow and prestige.
  3. Mergers & Acquisitions (M&A): Prestigious but extremely competitive to get into.
  4. Financial Sponsors Group (FSG): Strong reputation, especially for those interested in private equity exits.
  5. Leveraged Finance (LevFin): Great for technical skill-building and exit opportunities.
  6. Consumer & Retail (C&R): Solid deal flow and a strong reputation.

Preparation Tips

  1. Technical Questions:

    • Some groups, like M&A and LevFin, are more technical and may grill you on financial modeling, valuation methods, and accounting concepts. Brush up on these areas using resources like the WSO Investment Banking Interview Course.
    • Practice common technical questions, such as DCF, LBO, and merger models.
  2. Behavioral Questions:

    • Be ready to answer questions like "Why JPM?" or "Why this group?" These are common across all teams.
    • Prepare examples of teamwork, decision-making, and handling challenges. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
  3. Networking:

    • Networking is crucial for placement into top groups. Reach out to past interns, alumni, or current analysts to learn about the culture and expectations of each group.
    • Be genuine in your conversations. Avoid asking questions you can easily find answers to online.
  4. Team Preferences:

    • Placement is often a mix of your preferences and the team's preferences. Perform well during your internship, as the best performers typically land in the best groups.
    • Avoid being overly competitive or "snaky" during the internship, as this can backfire and hurt your chances.

If You Struggled with Technicals

  • Don’t panic. Not all groups are equally technical. Some, like Consumer & Retail or Real Estate, may focus more on fit and softer skills.
  • Use this as a learning opportunity. Review the technicals you missed and show improvement if given another chance.
  • Remember, culture fit and your ability to work well with the team are just as important as technical skills.

Final Advice

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

Unbiased opinion from someone who has recently left the firm. It goes without saying that M&A is always the most competitive and that’s for a reason. Hate to admit, but you get the most transaction exposure and deal reps in that team and the only downside is you’ll be paying for it with your hours. M&C and HC also competitive with good deal flow (though HC has been losing business), but you have to keep in mind you won’t be the one holding pen on model and most of your time will be spent on pitch decks and spreading comps. Tech and DI have good cultures but can get sweaty like the rest depending on your team. 

At the end of the day, it’s your decision based on what you want out of your experience / interests, so don’t listen to the bots here. 

 

What did levfin ask in terms of technicals? Going thru placement at different bank and want to have a gist of what I need to brush up on. 

 

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