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JP Morgan Junior Investment Banking Analyst Program

Recently saw a posting for this program go up. Can anyone cast any light on what it actually is? From what I understand it's a 1 year program, then after do they cut you or are you asked to stay on given good performance? Insight into comp and details about the program would be appreciated as well!

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"The ceiling is the roof"

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"The ceiling is the roof"

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"The ceiling is the roof"

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"The ceiling is the roof"

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