hey guys, anyone know or has done a second round interview for jp morgan IB. mine is in london. they said there will be a case study. any tips for the case study, what type of cases are they? a short description of one would be really appreciated. do you know how many people out of ten usually would get an offer after a second round intervew? it is for an internship and not for summer.
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They put you in groups of about 6 ppl for the case study. It's to test for how you work in a group; leadership, teamwork, initiative, etc. Also about how to think w/ incomplete information - there is no correct answer to the case study. All participants will have a common set of background information, but each person also a piece of info that only they know. Also testing your presentation skills, as you have to give a ~5 min team presentation on the end w/ your recommendation.
But I was always wondering, how do they measure how you work well in a team, initiative etc. I would imagine it would be a free for all with every kid trying to show how much of a leader he/she could be, which would result in a disaster. Ever hear the saying "too many chiefs, not enough indians"?
For example, during my case study, we discussed the issues and then everyone in the team except me initially voted one way, I voted the other way. I gave my argument, teammates said that my argument made sense, and then time ran for discussion ran out. We never had a definitive decision regarding what to do. During the presentation, everyone was confused regarding which way to go. I took the initiative to start the presentation and argued against my personal choice because it's what the majority of the team initially agreed upon. Even though they were wrong. :P It also helped that most of the kids in my group were relatively timid and I really needed to coax the process along. No one else in my group got an offer.
There is no way to come to an agreement, and if you have 3 kids who want offers and aren't scared, it will turn into an all out brawl!
In that case, all 3 will end up w/o an offer. If you don't have basic diplomacy/negotiation skills and you come at a stalemate argument, it reflects poorly on everyone involved. A good leader would be able to hash out the differences and come to a general consensus.
WTF? WTF is this? I've never heard of any firm doing any of this. Whatever happened to the straight forward 1-1 interviews?
already did it. we were just 4 for the role play thing. after a one-on-one role play, the four of us had to discuss which company to acquire, there was no presentation involved. then we had 2 individual interviews, VERY SHORT, we were clearly out of time and they can barely ask you about your entire CV.
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