Top Groups at JPM?
Anyone have an idea of what are the best groups at JPM? I have looked at the search and saw a previous thread in 2018, but I'm not sure if anything has changed since then. Thanks!
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
All the groups are very good.
Best groups are M&A, Healthcare, and M&C (in order). All 3 have very nepotistic placement processes. Generally, M&A likes UChicago and random non-targets, Healthcare loves Wharton/Columbia kids. M&C likes Princeton/Cornell kids. Tons of technical questions for them (particularly if you’re a male, from what I’ve heard). For a lot of interns, it’s difficult to even get these groups on the phone during placement. M&A and M&C are small groups, while healthcare is one of the biggest (15+ summers).
Next is C&R, Diversified Industries, Tech, FSG (sponsors), SLF (no particular order). DI is the biggest group at the bank while FSG is one of the smallest. FIG is really good for exits, but has really bad culture/hours...usually not the most popular choice.
Rest of the groups are still good, just not as highly sought after. Can place well into PE out of almost every coverage group. You can get placed into ECM/DCM but it is very unlikely as these 2 groups are preffed by people who value having lower hours
In terms of Houston Energy JPM is good not great. I would say a tier below the top guys in Houston (think like Jefferies, Evercore, Barclays, etc.). Houston is a different animal than NY. As said above can't necessarily go wrong at JPM and a group like Energy for JPM may not be the very top on the street but it's still good. Having a balance sheet and being able to make top tier capital commitments in Energy is key as its a very capital intensive business and companies appreciate the capital support and corporate M&A will need a financing package. Look at Chevron/Noble deal (JPM advising Noble I'm pretty sure). Interested to see if that helps stir up some additional large cap M&A since things have been quiet. In terms of upstream A&D Jefferies dominates. Can't speak to Power