JPMorgan An1 vacation time

Hey all, I'm an incoming first year at JPM starting in July and I just want some clarity as to the PTO policy. My offer letter says

"Under JPMorgan Chase current policy, you will be eligible for 3 Weeks of vacation per year, with your start date determining how much you receive for the year."

Does this mean 15 days or 21 days in a calendar year? As a first year starting in July, does this mean you would receive just under a week and a half (pro rated) in your first year?

More importantly, what is the culture around first years taking time off? I would imagine first 3-4 months are a clear no-go, but what about December? Could I take my 1.5 weeks at the end of December? Is it frowned upon to take any time until the 1 year mark? What about March/April? 

Sorry if I'm sounding particularly retarded. I've seen so much wildly conflicting advice that I just wanted to make a new post. Would appreciate any info!

2 Comments
 

15 days - meaning 15 weekdays (or 3 weeks period), not 21 weekdays. 

yes, for analyst 1, it's prorated to 7.5 days (at least was for my cohort).

okay to take vacation after probably 3 months. many took near to the major holidays closer to winter. a day or two here and there. longer holiday is acceptable and reserved for the Christmas holiday or following year (new years). 

 

Ut voluptas odio incidunt nisi enim. Consequatur animi dolor ad qui dolorum nemo. Totam tempore delectus impedit odit et.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”