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Jan 7, 2019 - 3:21am

Their interviews aren't really any different than any other firm.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
Jan 7, 2019 - 3:22am

most technical interview i had. one probability question involving dice and what to charge customers to play. one question involving rates of return and which security to choose / what information would you need to know to pick between two securities.

in retrospect, that doesnt seem incredibly technical, but yea, it was the most technical any of my interviews got.

Jan 7, 2019 - 3:24am

I had lots of conditional probability questions from quant guys. Questions started out relatively straight forward but as you got them right they would just keep pushing you more and more. I hadn't taken a stats course in 2+ years so maybe I felt like they were harder than they were supposed to be, but I'd recommend brushing up on that stuff.

Jan 7, 2019 - 3:26am

I would strongly de-emphasize the technical nature of the interview. People get so nervous about it. Getting the question right is not going to get you the job. You need to get it right + make sure they think you're a good fit. Focus on the way you answer the question, they way you walk through your logic. For most of the questions, there is no right or wrong answer, just the way you present yourself.

I sat through a series of interviews, 3 different technical questions were asked, not one had a "right" answer.
1 was a variation on the standard airplane question
2 was a probability question because the candidate said they liked probability. The interviewer openly said, "i don't know the answer but feel it should be around 50%
3 was a basic geometry puzzle

Make sure you choose even numbers. Don't say there are 282 seats on a Boeing 747. Say there are 300 seats. Don't make the question harder than it should be.

Jan 7, 2019 - 3:27am

Is JPM recruiting for S&T at all? (Originally Posted: 01/22/2010)

a friend of mine at a non-ivy target told me that JPM is not recruiting for S&T at all in his school, although they are recruiting for all other FO/MO/BO positions. When he asked the recruiter why, she said that they get plenty of S&T applicants through "other avenues" (whatever that means), and don't find the need to OCR at his school? is this true at other targets?

Jan 7, 2019 - 3:31am

I cannot say for other schools, but JPM IBD is recruiting at my school while its S&T division hasn't posted anything so far. Would also like to know what that "other avenues" is supposed to mean.

EDITED: This is for SA as well.

Jan 7, 2019 - 3:33am

JPM's S&T Training Simulation (Originally Posted: 11/13/2012)

Have phone call coming up soon with JPM S&T and was wondering if someone with knowledge of their training simulations for Trading and Sales could speak in more depth about them please?

From what I've gathered on their site, in the Sales Simulation you receive a package of information and in the space of thirty minutes pull together a sales presentation and then have ten minutes on the telephone to pitch someone.

What type of information does this package entail? 10ks/notes? Or what?

Thanks

Hoosier Nation
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