At JPM. This makes no sense. OP is missing something not being said here. The US (NAMR internally) IBD internship program is extremely structured across the 200+ interns. No such thing as a Euro hiring cycle in any coverage, product group in the US.
There’s only a few options for intern when you sign up - coverage was closest.
As someone alluded to above it’s more of a prop equity investment shop that falls under Investment Bank’s Umbrella. didn’t want to get too far into details.
If you have no shot at a return, you should definitely speak to HR about opportunities across the bank. I'd express something like you really enjoyed the culture and would like to stay at JPM, and would be open to opportunities in IB, S&T or AM (just some ideas). Hopefully you have already networked quite a bit with these groups and have an idea of what desks have openings, given you've known for 10 weeks you won't get a return offer.
I would not give any gifts or notes etc - that crosses into awkward territory. If you want to send a nice email to your manager and anyone who has helped you, that is above the norm.
It sounds like some group-specific issue where they are significantly cutting headcount given they told you from the start, but JPM is big enough that they didn't want to pull your summer offers. IMO the Euro cycle thing is BS/an excuse, no AMRS intern is going to wait until January and then re-apply.
Nihil atque doloribus dolorem voluptas. Et ut vel autem nesciunt. Sed quasi voluptatibus accusamus veritatis harum. Asperiores qui aut maiores autem qui maiores dignissimos.
Iste optio ut facere quos quidem. Amet omnis mollitia culpa dolorem. Quisquam error adipisci est tenetur. Sint quos et unde ipsa est voluptatem rerum.
Sit rerum vitae repellendus autem rerum. Iure vero sit sapiente accusamus laborum.
Nemo delectus sapiente voluptas distinctio earum nam qui libero. Qui et autem quod omnis. Et quae dicta totam quia ipsum. Recusandae in voluptatem corrupti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
Is this for IB or S&T?
IB
Which country?
USA
PM
Correct me if wrong, cannot DM without knowing username.Thanks for the help I really appreciate it.
Could you clarify what the “Euro hiring cycle” means?
Also, did they disclose this from Day 1?
Euro Hiring Cycle meaning typical IB USA recruitment happens Fall and Euro (if I’m not mistaken) occurs during Mid/Late December til Early Spring
Understood but I have no idea and have never heard how this would effect your ability to obtain a return offer…
Are you the only group in your BB who operates on this Euro model?
Is it down to your line of business operating in Europe?
I’ve never heard of this before.
(And no they aren't just telling me this I've confirmed with interns/"summer analysts" from years previous)
If they're not giving you return offer might as well log all those OT hours you were worried about OP.
too late now smh
Can you apply FT for other groups at JPM?
yes - thinking of doing that
Which is why I’m trying to gauge thoughts
Surely this is not a coverage group? Must be some weird esoteric product that falls under IB.
At JPM. This makes no sense. OP is missing something not being said here. The US (NAMR internally) IBD internship program is extremely structured across the 200+ interns. No such thing as a Euro hiring cycle in any coverage, product group in the US.
There’s only a few options for intern when you sign up - coverage was closest.
As someone alluded to above it’s more of a prop equity investment shop that falls under Investment Bank’s Umbrella. didn’t want to get too far into details.
If you have no shot at a return, you should definitely speak to HR about opportunities across the bank. I'd express something like you really enjoyed the culture and would like to stay at JPM, and would be open to opportunities in IB, S&T or AM (just some ideas). Hopefully you have already networked quite a bit with these groups and have an idea of what desks have openings, given you've known for 10 weeks you won't get a return offer.
I would not give any gifts or notes etc - that crosses into awkward territory. If you want to send a nice email to your manager and anyone who has helped you, that is above the norm.
It sounds like some group-specific issue where they are significantly cutting headcount given they told you from the start, but JPM is big enough that they didn't want to pull your summer offers. IMO the Euro cycle thing is BS/an excuse, no AMRS intern is going to wait until January and then re-apply.
Nihil atque doloribus dolorem voluptas. Et ut vel autem nesciunt. Sed quasi voluptatibus accusamus veritatis harum. Asperiores qui aut maiores autem qui maiores dignissimos.
Iste optio ut facere quos quidem. Amet omnis mollitia culpa dolorem. Quisquam error adipisci est tenetur. Sint quos et unde ipsa est voluptatem rerum.
Sit rerum vitae repellendus autem rerum. Iure vero sit sapiente accusamus laborum.
Nemo delectus sapiente voluptas distinctio earum nam qui libero. Qui et autem quod omnis. Et quae dicta totam quia ipsum. Recusandae in voluptatem corrupti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...