Overall Intern Rating
4.3 of 5 stars (509 Ratings)

Rating Breakdown

5 Stars (237)
4 Stars (228)
3 Stars (36)
2 Stars (6)
1 Star (2)
Intern at J.P. Morgan Corporate & Investment Bank, Asset Management and Corporate Programs? Submit a Review
< Click Stars to Rate
  • < Click Stars to Rate
  • < Very Dissatisfied
  • < Dissatisfied
  • < Netural
  • < Satisfied
  • < Very Satisfied
Start Your Review ...

Want to Review a Different Internship?


Submit a Review and Get 7 FREE DAYS of Vault Gold

Displaying 1-10 of 509 Intern Reviews

Sorted by:

The first step to a succesful career

4.8 of 5 stars

New York, NY | 2014 | VERIFIED INTERN

Uppers

Getting a real experience in the corporate world and being able to meet new people from many different backgrounds.

Downers

The thing I least liekd about the internship was that there was only a few intern events in a csual setting.

Advice to Potential Interns

If you are looking to gain a lot of knowledge in the finance/accounting field for a great company, this is the place to start.

Would You Recommend

Yes

Immersion in everything business: this internship can and will change how you see the world and yourself in it

4.9 of 5 stars

New York, NY | 2014 | VERIFIED INTERN

Uppers

The collaborative and teaching atmosphere

Interesting and fun program activities

Networking with other young and driven students

Downers

The training program is like drinking from a firehose

Some persons were quite unsure as to how late they should stay and how many hours to log initially

Advice to Potential Interns

Talk to as many employees as possible to find out what it's like to work at JP Morgan and what the opportunities are like. Ask yourself whether you are someone that likes wearing a suit and tie to work everyday? Ask yourself whether you physically active and mentally tough. Long hours, lots of coffee and even a fair bit of drinking after work are all part of the work culture and failing to take care of yourself could catch up to you when the stress of work hits.

Sample Interview Questions

Tell me about your resume in a story? Tell me about a time where you had to work with someone you did not get along with and how you coped? What do you do in your spare time and what are some of your interests?

Advice to Management

JP Morgan is unlike any other company in that they are actively trying improve all of these issues-- seemingly all the time. The number of hours for my internship was manageable but for those in investment banking the hours were horrific. JP Morgan should look into making those hours more manageable.

Would You Recommend

Yes

What makes JP Morgan Chase tick?

4.8 of 5 stars

Columbus, OH | 2014 | VERIFIED INTERN

Uppers

The networking, speaker events, and events we went to made it really easy to see what JP Morgan Chase stands for. I appreciated the senior speaker series in particular where we got to hear from senior executives at the firm.

Downers

I was placed in an office that was 15-20 minutes away from the main campus.

Advice to Potential Interns

Work hard and get to know the many different people you meet so that you understand the company and it's culture.

Would You Recommend

Yes

Learning how to 'add value'

4.9 of 5 stars

New York, NY | 2014 | VERIFIED INTERN

Uppers

Network available, senior speaker series, truly learning how to utilize an incredible amount of resources, a fun team!

Downers

Final project, long hours

Advice to Potential Interns

Keep up with current events, don't worry about fitting what you might perceive to be the ‘typical’ banking model (i.e. finance major). Build on your specialties. Have an interest in a sector and learn how to sell your story.

Sample Interview Questions

What is JP Morgan's current stock price? Pitch a stock you've been following. Where do you see the economy going? Why finance, why S&T? Expand on something you think JP Morgan can be doing better. What could we have done differently during the crisis?

Advice to Management

More opportunities to shadow other desks (other than our own)

Would You Recommend

Yes

Becoming a part of something greater than myself

5.0 of 5 stars

New York, NY | 2014 | VERIFIED INTERN

Uppers

Incredible collegial feeling, teamwork, all around extremely welcoming. I learned so much and it was great to be part of.

Downers

Nothing, honestly everything was perfect.

Advice to Potential Interns

You must love finance and be willing to work hard.

Sample Interview Questions

Why ibanking? Why JPM? Tell your story.

Advice to Management

Honestly, so great, no complaints.

Would You Recommend

Yes

You cannot go wrong interning with J.P. Morgan!

5.0 of 5 stars

Chicago, IL | 2014 | VERIFIED INTERN

Uppers

The amount of mentorship and interest senior members, and the entire office for that matter, took in my learning and development was beyond expectation and unmatched in reference to my peers' experiences at other institutions.

Downers

The work life balance is lacking, but that is and industry-wide problem. Overall, J.P. Morgan is better than most and the protected weekend setup instead of the protected Saturday format actually offers you more flexibility with your weekends even when you are not protected.

Advice to Potential Interns

To potential interns, obviously know your stuff to be successful in the interview, but more importantly be yourself since the firm is looking for down to earth individuals that can work well with the existing teams and individuals that they have.

Would You Recommend

Yes

J.P. Morgan leads the way with strong training, exposure to senior leadership, and an authentic experience in summer analyst program

5.0 of 5 stars

New York, NY | 2014 | VERIFIED INTERN

Uppers

Having the opportunity to work with such intelligent people from different professional and cultural backgrounds, hearing key firm executives in the senior speaker series, and a strong training experience.

Downers

Not applicable. I thoroughly enjoyed my experience.

Advice to Potential Interns

J.P. Morgan provides the opportunity to work in a close-knit cultural environment, with the advantages of having leading roles on some of the top deals on Wall Street.

Sample Interview Questions

• Considering your asset management background, why specifically do you want to do banking? What did you not like about your past internship, and how does banking differ?

• Tell me about a time you have demonstrated leadership.

• How have you prepared for a possible career in IB?

• Walk me through the valuation methods (intrinsic and relative)—how would I go about valuing Apple?

• Apple is a weird company, in that they are sort of uncategorized in industry and have little or no comparables. How would you value them?

• When is it good to use a DCF, when is it not?

• How are your Finance & Accounting Skills? Rockstar I assume?

• Walk me through a DCF (hi-level)

o What is discount rate in DCF and how do you calculate?

o Within WACC, what is Cost of Equity and how do you calculate?

o Within CAPM, what is Beta and how do you calculate (Two methods)

o What is the formula for unlevered beta

o The two methods you gave me are both historical. How could you calculate a forward-looking beta?

o What are the methods for calculating terminal value

o What is Gordon Growth method, what does it mean, and what is the formula?

o How do you find the terminal growth rate (somewhere around inflation or GDP- conservative growth)

Advice to Management

Hours can always be improved, but the firm is making an effort. The firm excels in diversity and training.

Would You Recommend

Yes

Career Setting

4.9 of 5 stars

Jersey City, NJ | 2014 | VERIFIED INTERN

Uppers

The responsibility I was given , the team I worked with , as well as my overall feeling of the JP Morgan Chase Corporate community.

Downers

Nothing everything was fine

Advice to Potential Interns

JP Morgan Chase provides a canvas for you to decide what field or sector you want to work in due to your ability to move around the company primarily due to its size .

Sample Interview Questions

What was a time where you had to take charge and change something or someone who was negatively effecting a team you were on ? And what do you do to fix it ?

Advice to Management

N/a

Would You Recommend

Yes

JPMorganChase: The BEST firm to intern for as an undergraduate student

5.0 of 5 stars

New York, NY | 2014 | VERIFIED INTERN

Uppers

I really appreciated that, from the beginning, the program directors emphasized that we were not competing against our fellow peers. We each had a position at the end of the program, but we needed to earn the position through our hard work. That is definitely different from other programs. Also, several events were planned to connect with the other interns, and there were additional speaker series with upper level managers. Another perk is that we had full access to all of the benefits of a full-time employee, especially their online directories and learning resources.

Downers

I definitely feel the program was too short. I would have loved working in the program longer (opportunities within the program existed, but not within the summer program).

Advice to Potential Interns

I would recommend that the candidate should want to work for an extremely large organization. JPMorganChase had over 250,000 employees, and you really feel that as soon as you start. The amount of people you will be in contact with is overwhelming at first, but an excellent resource once you become acclimated. Also, I'd recommend comparing the diversity & inclusion policy that JPM has to others, because I feel their acceptance of ALL employees is commendable.

Sample Interview Questions

1. Can you describe the difference between the balance sheet, income statement, and statement of cash flows?

2. What do you feel about the economy?

3. Describe your previous internship position.

4. Explain a time when you were in a group setting and faced a challenge.

Advice to Management

I would suggest, although extremely hard to do, implementing ways of bringing employees of different lines of business at the firm together. I think that so many divisions are so concerned with their own line of business, but I feel like reaching out to similar roles in other divisions would only help the firm.

Would You Recommend

Yes

Hard work pays off

4.8 of 5 stars

New York, NY | 2014 | VERIFIED INTERN

Uppers

Real hands on work that was used for actual investment decisions

Downers

No overtime pay

Advice to Potential Interns

Better desk placement from the start and more materials for preparation before orientation

Sample Interview Questions

Add up all of the numbers 0-100

Advice to Management

Greater diversity

Would You Recommend

Yes

Select Page:

Career Update Newsletter

Tips and tools to help you manage your ideal career.