JPMorgan Middle Market Banking (MMBSI) details?
Have an undergrad friend that is interested in an internship at JPM MMBSI. Can anyone shed light on the position and comp/hours? Thanks in advance to all.
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Is this NY or one of the regional offices?
Major city not NY (Chi/LA/Hou)
Middle Market Banking at JPMC is within the Commercial Banking division and focuses on companies between $20MM-$500MM in annual revenue (as opposed to Corporate Client Banking which focuses on companies with annual revenue of $500MM-2B). In my opinion it's a great internship to take as you get exposure to a variety of different lines of business within the Commercial Bank. The internship will likely be focused on a variety of projects but will also work directly with bankers on deals, going out on client calls, etc. so the exposure they get on that front is helpful. Most interns do receive an offer to return and join the Analyst program if they choose to stay with JPMC.
Thank you for the information. Do you have any insight on lifestyle or comp?
MMBSI: 75k base + bonus CCBSI: 85k base + bonus
What is the interview process like for this role? I'm curious as to what happens after the HireVue
Standard HireVue until you’re brought in for a Superday
I already did the hirevue and got an email from the recruiter requesting a video interview. is this unusual? She asked me when i was available but it's been almost a week since I replied with my availability
So is this commercial banking or investment banking? little confused on the responsibilites/ where they sit within JPM
commercial.
Following
What are the exit opportunities like?
Lateral-ish move could be to DCM/LevFin. If you work in the technology SI group, venture debt could be an exit.
Do you mean technology and disruptive commerce (TDC)?
Why is middle market banking commercial banking and not considered investment banking?
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