JPM PB summer analyst conversion rate

Hello everyone!

I just finished my superday last week and got an offer call this week. Have been hearing that JPM overhires summer analysts and the conversion rate to full-time analysts is low. I'm just wondering how accurate this statement is in the private banking division. Any thoughts would be appreciated;).

Comments (4)

  • Analyst 1 in AM - Equities
Nov 6, 2021 - 12:42am

Not at JPM, friend is. PB is expanding massively so there will be a lot of headcount for summers. Cuts this summer were brutal because they hired a ton of people as first year analysts to start the expansion particularly in larger teams in NYC, SF, LA, Dallas

Nov 7, 2021 - 8:21am

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Total Avg Compensation

January 2022 Investment Banking

  • Director/MD (5) $604
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  • Associates (140) $240
  • 2nd Year Analyst (83) $154
  • 3rd+ Year Analyst (15) $150
  • 1st Year Analyst (290) $142
  • Intern/Summer Associate (60) $142
  • Intern/Summer Analyst (223) $89