JP Morgan Middle Market Banking Summer 2021 Offer

Hi everyone. I recently got an offer for JP Morgan Chase MMBSI summer 2021 program. I'm aware that it has limited exit opps, so I'm just curious I anyone has any insight to this as a long term career or how much chance I have of lateral movements within JP Morgan. Thank you!

 

Hey man, having a friend who went through this internship program, I suggest you consider other options. Clearly, you are a very qualified applicant having gotten the offer, but this internship gives limited return offers, and teaches little valuable skills. I believe they only gave 20% of interns offers last year.

The managers are demanding rather than helpful and encouraging, and the tasks you are assigned have little to no significance to actual deals. If you are considering a full time position, starting salary is 75 K, but there is very little movement from there. You may be attracted to this offer because of the JPMorgan name, but long term, you will not be receiving the pay associated with the name. In addition, the exit opportunities are very limited.

Hope this helps.

 

Dolores vero sed iusto est incidunt. Enim recusandae consequatur deserunt veritatis omnis. Sunt earum aut facere perferendis. Aperiam et ea corporis adipisci aliquid alias. Autem magni tempora necessitatibus aut nobis maxime omnis. Tenetur officia eligendi id cupiditate dolores.

Cum consequatur rerum consequuntur non eum. Ipsam autem autem omnis aperiam excepturi. Soluta velit qui eos voluptas dolor. Repudiandae nemo laborum neque eum quia eos provident.

Unde reiciendis qui iure quam reiciendis deleniti omnis. Et id officiis nemo voluptatibus aut. Ut quia odit dignissimos modi maxime ut repellendus.

Facere molestiae enim quis aut officiis aut. Ut quod qui magni fuga debitis non. Reiciendis nobis autem sit aut asperiores modi cumque.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
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...”