JPM Lateral
Has anyone had any lateral experience, specifically with JPM? How is the lateral process in terms of technicals? Do they expect a modeling test or do they grill you?
Thanks!
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did you get an invite for a super day?
I have experience - which group?
Looking at T or MT not sure which one yet but those would be my top choices. However, now you don't apply to groups, you just apply to a general lateral process. Not sure if that changes anything.
Not sure if that changes anything either but I have had several lateral rounds with JPM (guess they liked me enough to re-invite me), and I have therefore had three superdays:
- Generally, all of them consisted 7-8 interviews with people in the team. Primarily motivation, fit and, most importantly, deal experience is being tested. The latter was always the most recurring item, so know your deal specifics. Now and then a technical question, but quite basic - if you have been in IB already there shouldn't be a need to study technicals upfront (unless you want to be 100% sure). Lastly, they really want to hear your motivation, what drives you and what makes JPM a logical step - they want to hear intrinsic interest.
- Had 1 superday which had a modelling case (this was communicated in advance), 1 superday with no case at all, and 1 with a case where you couldn't prepare anything and were given an IM and 2 hours of prepration after which 45min of Q&A followed.
- After you make the superday you will have interviews with the heads of the team (last round).
Modeling test
Think it depends on the group. My process was entirely behavior with the exception of a couple of softballs (what things are important to keep in mind with thinking about comps in this sector, how would you approach making x page (standard comps page, ex: I’d show the multiples in a bar chart with logos along the bottom/side shown highest to lowest)). Know other people had modeling tests for different sectors.
Anyone know if the HC group has a modeling test?
M&C had a case for all candidates to complete and multiple interviews (quantity depends on background)
i see, was a it a modeling test or more of a thinking excercise?
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