Interview Experience w/ JP Morgan Freshman/Sophomore
So I noticed that when I was looking to prepare for my interview, there was nothing written on here that actually could help me. Not many people wrote about how their interviews went, so I figured I'd help the next round of people.
I am a freshman at a target, and today I had a first round interview with JP Morgan S&T for the Freshman/Sophomore internship. It was entirely behavioral, but I didn't have much on my resume to signal that I would be prepared for hard technicals anyway. I was expecting some market questions but there were none.
The questions I got were:
Walk me through your resume/tell me about yourself.
Why JP Morgan? Why S&T?
Why go into trading if it's a dying industry? (My interviewer was OCR alumni, JP Morgan Investor Services, it was a weird question...)
What can you tell me that isn't on your resume?
Why did you choose (insert school, insert major)?
What can you offer JP Morgan? What do you know about JP Morgan?
And that's it. My interview was about 45 mins, because my interviewer and I had a lot in common and went off on random tangents. It was overall a very laid-back interview. She also seemed like she was trying to convince me to do Investor Services instead of trading, not sure why.
The RE PE interview I had two hours ago, however, was impossible.
Thank you. I have an interview coming up as well for the program so this should be helpful.
I find it interesting they don't ask any technical questions for the fresh/soph program, though I have heard of people getting market questions.
good job, ill SB you when i get new points
edit: here you go +1
This was very helpful for my interview thank you
How did you answer the dying industry question. I know what I expect to hear as the right answer, just curious what you said.
what do you expect the answer to be? that its not a dying industry?
Well that depends on a lot of variables. However, since I chose to focus on recruiting in credit years ago, I would have said:
1) let's focus on something a bit more specific than S&T. That's waaaay too broad of a category. Credit, especially derivates, are not necessarily slowing down all that much and things like CLO's are doing wonderfully if you have a CLO group.
2) this whole dying rhetoric is so out of hand these days. Nothing is dying. What is happening is the business is not handing out free money. Therefore, you need to have real hard skills to contribute in many equities departments (such as programming skills or fundamental research skills). Relationships help to a point, but not anywhere as much as before. Market making isn't profitable from a human standpoint. You need to learn to adapt and understand when heads count is no longer needed. Just because people can't adapt and are losing their jobs doesn't mean the BUSINESS is dying, it means their career is dying.
Now of course this needs to be said eloquently and in a way that coveys you understand these concepts, but isn't so blunt.
So yes, I WOULD expect someone to say it's not a dying industry. Rather them use some intelligent thought than regurgitate stupid rhetoric.
Does anyone have any experience at the JPM IB Freshmen Sophomore superday from prior years? I have my superday next Friday. Any guidance would be much appreciated.
How long does a JPM superday tend to be?
3 interviews, 30 mins each.
has anyone heard back for s&t or ibd yet??
JP Morgan fresh/soph interview questions (Originally Posted: 01/29/2011)
I just got a first round interview for the Fresh/Soph program.
I am wondering what type of questions to expect as I am a sophomore and have had no accounting or finance classes.
Are there any tips you can give me for interviewing with them? or in general?
Thanks for your time and help in advance guys
Are you a diverse candidate (hispanic, latino, black, native american, female, disabled, veteran)?
I'm pretty sure that has no bearing on the questions I get.
If you're not willing to answer my questions, why should I answer yours.
i can't really answer your questions, but i would guess they will ask you about the current state of the economy and i would be aware of some current events in the business world (read the WSJ) anyway, how did they contact you about the interview? do you go to a target school? when is the interview?
JPM frosh/soph is basically a way for the firm to lock in promising diversity candidates early on. Focus on fit and behavioral questions, and maybe know some of the very basic technicals (3 financial statements, etc).
Interview is in the second week of Feb, I do go to a target. My careercenter let me knoi got it and the recruiter emailed me as well.
You forgot to sign out and back into 'Tom Jane'.
.
WHO IS TOM JANE?
No experience isn't an excuse for being prepared and knowing what questions to ask. Read up and ask around. There are some good threads in here if you can wade through the crud.
JPMorgan Freshmen/Sophomore ibd interviews (Originally Posted: 01/26/2012)
Hey guys, I applied to JPMorgan's SA Program for Freshmen and Sophomores back in mid-December. Just wanted to ask if anyone has gotten a first round interview or heard back from HR? Does anyone have an idea of when they usually conduct their interviews? Thanks in advance
its through OCR
I go to a non-target in the South, so for us it's not through OCR. I applied on the JP Morgan site, just wondering if anyone had done the same and heard back?
I haven't heard back yet...
I attend a non-target as well, applied for that same internship two years ago and never heard anything. This summer, I lived in the NYU dorms with a couple of kids from Princeton who were in the sophomore program and from what I could gather from them, it really was through OCR. The online application appears to be a black hole.
Has anyone gotten this internship in the past?
Has anyone heard back yet?
Not me but I know of one person who has. He has his phone interview today.
They had an online resume drop at my non target school months ago. Haven't heard anything about it since, though I received an offer through another program there already so that might explain it but none of my friends who applied have heard back either.
Anyone else?
roommate had first round interview last week
@sldirtsauce,
Do you go to a target school?
Has anyone at a non-target school heard back yet?
^I know one person from Georgia Tech has, sophomore. Any freshman hear back at all?
Just got the superday invite today. Anyone have experience with these interviews? More tech or fit?
^Freshman or Sophomore?
I feel like I've asked you this before but I forgot :#
My experience with these programs has been mostly fit with basic vault/WSO guide tech questions, a stock pitch or two, and following the market.
I am also going to the superday. Anyone else?
Same here! Good luck to you all!
Incidentally, concerning the notion that the online portal is a black hole, I applied cold through the online application system and subsequently received a first round interview and a superday. I also attend a non-target in the southwest.
So, bearing those two factors in mind, OCR is certainly not the only way to get into the program.
Anyone heard back from them yet?
bamp
I go to a nontarget in NYC, and just got an OCR interview invite. Does anyone know how the interview is like for research? Thanks
JPM IBD interview for freshmen/sophomore (Originally Posted: 01/21/2013)
Hi everyone,
First of all, I want to say Thanks WSO, for providing a substantial amount of valuable information to the general public.I've been an occasional lurker on WSO since senior year of high school. Now that I am a sophomore at a nontarget, I have an upcoming first round interview with JPM for research over the summer. I would like to know how the interview is. I have seen past threads where some users have PM'ed others ER report templates, but I don't have enough banana points to PM other users. Reading those success stories on WSO definitely has motivated me to obtain a position in IBD, and hopefully one day I can post a success story of my own to inspire others. Thanks!
To help others that are interested in the JPM fresh/soph program, I'll provide some stats of myself:
Non-URM, 3.5 gpa, year round part time BB BO, Accounting major, & semi-involved in school.
What did you write about in your cover letter?
Congrats btw!
3 half hour interviews with 3 different people. two were mostly brainteasers, one was fit/background, zero technicals.
some questions i remember: 1) you have one weekend to raise $10,000 in central park. how do you do it? 2) stock pitch. my interviewer checked the stats on his phone as i was pitching so know your stuff 3) explain the '08 financial crisis 4) they might think you'd be a better fit for a different division. be able to rank your top three and clearly articulate your thoughts on this 5) know JPM's stock price 6) you're in a dark room and there's a drawer of socks with the same amount of black socks as there are white. you have to keep drawing until you get a pair, but you cannot see the color of the socks. how many socks must you draw?
some of the guys at my superday just talked about random stuff like soccer so you might end up not even being interviewed - in the traditional sense of the word - at all.
best of luck. it's a great program.
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