JP Morgan Management Associate Program?

Does anyone have any insight into the JP Morgan Management Associate Program. Their website states that the program is "the only one of its kind in the financial services industry."

What does that mean? It seems like every major bank has a Management Associate Program. What makes the JP Morgan program so special?

Thanks everyone!

Comments (8)

Tommy Too-toned

Rank: Gorilla
650

Aug 13, 2012 - 5:16pm

Just means there are a bunch of blondes working in the marketing department. Don't take those birds too seriously.

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Rank: Senior Gorilla
955

Aug 13, 2012 - 5:19pm

Yeah - it's apparently only open to MBA students with > 4 years of prior work ex , > 3.5 GPAs (whew).
What is this? How is this different from IB associate? S&T associate? Research associate?
Aren't you all - managers in a way?

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lonestaffer

Rank: Monkey
49

Aug 13, 2012 - 6:12pm

Its Associates in their Finance division. They rotate to different finance roles at JP

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psychostan

Rank: Chimp
14

Sep 19, 2012 - 2:44pm

lonestaffer:
Its Associates in their Finance division. They rotate to different finance roles at JP

Agreed. This is more of a "corporate" role vs the front office positions. Anyone familiar with the pay of this position?

Also anyone knows if other banks have similar INTERNATIONAL rotational programs like this? A lot of them are only rotated within US.

Thanks!

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iamamonkeybanker

Rank: Orangutan
289

Aug 14, 2012 - 11:05am

sounds like bs. Management associate programs generally are rotational programs and are attractive because it promotes a faster track to rise up the ranks and gives broad exposure to a bank for those who have no clue. However, this is all at the expense of a binding contract, minimal 3 years i believe for most banks.

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Rank: Senior Gorilla
955

Aug 16, 2012 - 8:41pm

iamamonkeybanker:
sounds like bs. Management associate programs generally are rotational programs and are attractive because it promotes a faster track to rise up the ranks and gives broad exposure to a bank for those who have no clue. However, this is all at the expense of a binding contract, minimal 3 years i believe for most banks.

How does this differ from IBD / S&T associate tracks?

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