Was at a different bank but my Aso friend at JPM said its yours to lose - they typically hire FT meaning there are spots leftover. (M&A group is the exception to this)
Not sure. What I meant by exception is that apparently M&A has brutal culture, is pretty intense (makes sense), and has a high bar for interns technically. Put that all together and it is just harder to get a return offer. Heard the same ab MS M&A from someone at MS. Definitely not 90+% (from what I've heard) at either.
Interned at JPM summer 21. Return rates were pretty low, but most of it was likely due to poor candidates from COVID hiring. Don’t believe it’s usually that low. I don’t believe M&A is an exception. M&C and HC were pretty competitive for return offers as well
When I interned at JPM ~70% of my group got offers. Pretty sure most groups operate by the mantra that it’s your offer to lose, meaning that they don’t over hire and have space for each intern to join full time.
Tbh getting a return wasn’t too hard. I’m a complete dumbass and got one. Just be proactive, ask questions, network with your team, and show that you can improve throughout the 2 months that your interning. Don’t drink at events and don’t do anything disrespectful. You’ll have a good idea if you’re likely to get one half way through the internship when you do your review.
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Would like to know this as well
bump- anyone know the rate for industrial/tech group at jp
Bump - just signed and would also like to know this
Was at a different bank but my Aso friend at JPM said its yours to lose - they typically hire FT meaning there are spots leftover. (M&A group is the exception to this)
do they overhire for m&a?
Not sure. What I meant by exception is that apparently M&A has brutal culture, is pretty intense (makes sense), and has a high bar for interns technically. Put that all together and it is just harder to get a return offer. Heard the same ab MS M&A from someone at MS. Definitely not 90+% (from what I've heard) at either.
A current analyst told me fig and industrials typically overhire
What are the return rate like in industrials
Interned at JPM summer 21. Return rates were pretty low, but most of it was likely due to poor candidates from COVID hiring. Don’t believe it’s usually that low. I don’t believe M&A is an exception. M&C and HC were pretty competitive for return offers as well
hey! do you mind elaborating why is was competitive to get return offers for m&a, m&c, and hc?
Do you know what the return rates may be for industrial / tech / fig
Yes please elaborate on HC and M&C, do you have stats? Like out of X interns how many-ish didn't get a return?
Return rates are usually ~70%
Believe that 2 interns didn't get returns from M&A last summer.
Why was this
would also be interested in hearing this
do you happen to know how many total m&a interns there were last summer?
Think there were 7 (and one went to buy side full-time)
When I interned at JPM ~70% of my group got offers. Pretty sure most groups operate by the mantra that it’s your offer to lose, meaning that they don’t over hire and have space for each intern to join full time.
Tbh getting a return wasn’t too hard. I’m a complete dumbass and got one. Just be proactive, ask questions, network with your team, and show that you can improve throughout the 2 months that your interning. Don’t drink at events and don’t do anything disrespectful. You’ll have a good idea if you’re likely to get one half way through the internship when you do your review.
Hey i was wondering if you were in either fig or Industrials if so can I PM you
hey, can I pm you?
HC was 11/13 on return offers last year
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Illo hic reiciendis architecto placeat. Voluptates sit ut reiciendis voluptatibus suscipit quo. Doloremque nihil optio quasi vitae vitae tempora sit. Dolor sed quaerat dolorem sit et. Iure quos et excepturi ducimus id ea architecto.
Non est doloribus sed rerum. Quisquam aut quo est. Aspernatur non doloribus ipsum vel.
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Necessitatibus sit corrupti optio quia incidunt atque. Repudiandae laboriosam corporis velit voluptatem. Aspernatur quam cupiditate ducimus accusamus. Laboriosam in adipisci cupiditate.
Vitae debitis labore nihil nihil sint dolore. Voluptas aut beatae architecto rerum voluptate voluptates sequi expedita. Rerum nihil molestias ea reiciendis reprehenderit et maxime. Nostrum enim est labore.
Accusantium molestiae similique quis fugit. Earum autem iusto et quos eum. Inventore perspiciatis mollitia veritatis temporibus facere voluptas eum.