Was at a different bank but my Aso friend at JPM said its yours to lose - they typically hire FT meaning there are spots leftover. (M&A group is the exception to this)
Not sure. What I meant by exception is that apparently M&A has brutal culture, is pretty intense (makes sense), and has a high bar for interns technically. Put that all together and it is just harder to get a return offer. Heard the same ab MS M&A from someone at MS. Definitely not 90+% (from what I've heard) at either.
Interned at JPM summer 21. Return rates were pretty low, but most of it was likely due to poor candidates from COVID hiring. Don’t believe it’s usually that low. I don’t believe M&A is an exception. M&C and HC were pretty competitive for return offers as well
When I interned at JPM ~70% of my group got offers. Pretty sure most groups operate by the mantra that it’s your offer to lose, meaning that they don’t over hire and have space for each intern to join full time.
Tbh getting a return wasn’t too hard. I’m a complete dumbass and got one. Just be proactive, ask questions, network with your team, and show that you can improve throughout the 2 months that your interning. Don’t drink at events and don’t do anything disrespectful. You’ll have a good idea if you’re likely to get one half way through the internship when you do your review.
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Would like to know this as well
bump- anyone know the rate for industrial/tech group at jp
Bump - just signed and would also like to know this
Was at a different bank but my Aso friend at JPM said its yours to lose - they typically hire FT meaning there are spots leftover. (M&A group is the exception to this)
do they overhire for m&a?
Not sure. What I meant by exception is that apparently M&A has brutal culture, is pretty intense (makes sense), and has a high bar for interns technically. Put that all together and it is just harder to get a return offer. Heard the same ab MS M&A from someone at MS. Definitely not 90+% (from what I've heard) at either.
A current analyst told me fig and industrials typically overhire
What are the return rate like in industrials
Interned at JPM summer 21. Return rates were pretty low, but most of it was likely due to poor candidates from COVID hiring. Don’t believe it’s usually that low. I don’t believe M&A is an exception. M&C and HC were pretty competitive for return offers as well
hey! do you mind elaborating why is was competitive to get return offers for m&a, m&c, and hc?
Do you know what the return rates may be for industrial / tech / fig
Yes please elaborate on HC and M&C, do you have stats? Like out of X interns how many-ish didn't get a return?
Return rates are usually ~70%
Believe that 2 interns didn't get returns from M&A last summer.
Why was this
would also be interested in hearing this
do you happen to know how many total m&a interns there were last summer?
Think there were 7 (and one went to buy side full-time)
When I interned at JPM ~70% of my group got offers. Pretty sure most groups operate by the mantra that it’s your offer to lose, meaning that they don’t over hire and have space for each intern to join full time.
Tbh getting a return wasn’t too hard. I’m a complete dumbass and got one. Just be proactive, ask questions, network with your team, and show that you can improve throughout the 2 months that your interning. Don’t drink at events and don’t do anything disrespectful. You’ll have a good idea if you’re likely to get one half way through the internship when you do your review.
Hey i was wondering if you were in either fig or Industrials if so can I PM you
hey, can I pm you?
HC was 11/13 on return offers last year
Sed quae et eius dolor sapiente sapiente. Est occaecati magnam aut sunt. Vero unde illum voluptas ratione facilis deserunt perspiciatis laborum. Placeat ut est harum fugiat. Libero quia aut accusamus officia consectetur.
Totam possimus voluptates sint suscipit voluptatem fugiat velit. Quod enim quis similique. Est quia tempora possimus architecto praesentium illum. Veritatis in aliquid illo quas odio. Velit quia tempore aut ex.
Reiciendis illo deserunt aut nobis impedit adipisci porro itaque. Reiciendis dignissimos quisquam quia rerum ut temporibus. Animi tenetur doloremque nam qui odit. Aperiam aliquam minus possimus minus molestiae.
Quae id excepturi ut at praesentium distinctio nostrum modi. Reprehenderit ipsum aut voluptatem sed omnis. Consequuntur nemo aut fuga fuga. Natus qui dicta nemo laboriosam quos delectus placeat delectus. Deleniti quidem deserunt et ut perspiciatis quis.
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