Would having my father work for JP Morgan NYC make up for going to a non-target school?
Currently a high school junior with an average GPA (3.7ish) and most likely wont get into super target school. (however this is just speculation as I haven't applied yet). Living in NJ the largest name school would be Rutgers, but its not really a target.
From a networking standpoint, how helpful is it that my father currently works for JP Morgan in NYC?(became VP at 31)
Would this be any help for me being able to break into finance jobs (not just IB, ER and S&T, etc...) in NYC as well?
Any feedback is appreciated, thank you!
Bro go ask your dad
Probably depends on what he does at JPM.
I have no experience in such relationship, but just wanted to give my two cents. I think having your father working in a JPM will definitely give you certain leverage; whether that’s gaining internal networking opportunities or crafting your “why ____ (insert any finance career position)” story.
That said, I hope you don’t discount the amount of effort you will personally have to put in (esp if you plan to be in a non-target), and also, i also think that depending on which division your father works in, the amount of leverage you’ll have can drastically vary.
Damn bro don’t underestimate yourself as a junior with a 3.7 lol. That’s a good GPA and you still have time to bring it up for college season.
Let me give you an example. I am at a non-target and my friend's dad is a very senior MD (vice-chairman level) at a top bulge bracket. That helped my friend get interviews and superdays across all types of banks for IB, but in the end, he ended up joining a non-IB/S&T (revenue-generating nonetheless) group at a bank. So, IMO, your dad can help get your foot in the door, but more often than not, it's still on you to get the offer.
From what I’ve heard referrals mean less and less. They really have been pushing hard for Pymetrics/Hirevue to boost diversity supposedly. Of course that probably changes when it’s your dad but either way you’ll have to know your shit for the interviews if you get them.
Can attest. Just went through the JPM process last recruiting cycle and HR runs the whole process up until the superday. My references weren't able to help.
Why has your dad allowed this to happen in the first place?
Allowed what to happen - the low gpa or the school? Or both
The school (assuming you had the idea to break into IBD but even if you had not). Insiders are the first to know what's going on with recruitment and how important the school is
Imagine working 80 hours a week for over a decade only for your son to go to rutgers.
Instantly giving him up for adoption. Don't care how late or unpractical it is.
I've heard about cross pollination with bankers helping their kids get into other banks, but not so much their own as it can be frowned upon.
gotta be more subtle with these troll posts
Reminds me of the Glassdoor post of the guy who went to interview for HSBC and the MD was a friend of his dad. Interview question: "How is your dad'?
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