Updating Results

J.P. Morgan

4.1
  • #3 in Banking & financial services
  • > 100,000 employees

J.P. Morgan Reviews

Based on 12 surveyed graduates working at J.P. Morgan. Read on to get an insider’s view on life as a graduate.
4.1
Based on 12 reviews

Pros & Cons

  • High salary, graduate training in New York
  • Fantastic culture, big emphasis on personal growth and plenty of opportunities to take on additional responsibility.
  • Good support from fellow team members
  • In my first year with J.P. Morgan I was sent on two international trips as part of my training. We had the opportunity to build an international network and build enduring relationships with my globally located peers.
  • Endless resources to improve skills and great network of peers.
  • Extremely long work hours
  • Overly restrictive company rules surrounding trading outside of work, second businesses etc.
  • At the very beginning the learning curve could be considered steep.
  • Hierarchy limits my ability to get exposure to clients.
  • Working at such a large firm often means long and bureaucratic processes for what sometimes seems like simple tasks.

What Insiders Say

6.5
Career Prospects
6.5
Career Prospects
Hard to say as a junior, however, it seems like promotions are not "automatic" and that you have to earn them (which is expected).
6.6
Corporate Social Responsibility
6.6
Corporate Social Responsibility
The company organises a corporate run globally and in Australia it helps to fund disadvantaged runners to attend the New York marathon.
8.1
Culture
8.1
Culture
Cooperation and team work is excellent. The friendliness and socializing varies significantly team to team. Structure is moving more towards a flat/horizontal approach.
7.7
Diversity
7.7
Diversity
I would like to see more women and especially ethnic women in front office.
8.2
Satisfaction
8.2
Satisfaction
Performing financial analysis on a range of high profile M&A transactions.
7.2
Management
7.2
Management
Managers do make time for their employees when possible. They definitely do consider their people to be their biggest asset. However, in the day-to-day routine/hustle of things, sometimes the appreciation can get lost. Need to be actively encouraging and not only when it's most convenient.
7.6
Office Work Environment
7.6
Office Work Environment
Location is great - very central and easily accessible. Facilities are good
8.2
Recruitment
8.2
Recruitment
Two online assessments, phone interview, followed by a group interview then one on one interview First two online assessments were mathematical assessments and character assessments. Phone interview involved broad questions such as "why do you want to work for J.P. Morgan?" and "What areas of technology are you interested in?" Group interview involved a case study followed by group discussion and presentation to come up with a solution for the case problem. The final one on one interview involved an extensive character discussion, strength and weaknesses, interests and approach to various work hypothetical scenarios. Read up on emerging technology trends having an impact on the finance industry. Research the company, have a clear and concise understanding of why you would want to work for this company, what would you hope to achieve.
7.9
Salary
7.9
Salary
Entry-level base salary is attractive and probably in the mid to top range of the market based on my role. Difficult to gauge bonuses as I haven't received my first one.
8.5
Training
8.5
Training
The company sent me to New York for 6 weeks to train us on what we would be doing in our roles. This was an excellent opportunity to learn (ground-up) more generally about investment banking / finance / M&A / debt / equity products, as well as meet peers that work across different offices. Throughout the year, multiple "lunch and learn" sessions have assisted with my legal knowledge, as well as knowledge on the various databases / internal systems.
6.7
Work Hours
6.7
Work Hours
I work between 40 and 55 hours a week. Some teams are relaxed with when you enter the office; others are more rigid. Unfortunately, some teams will request you to work all sorts of odd hours, rather than sticking to a consistent schedule.
6.4
Sustainability
6.4
Sustainability
High level of emphasis placed in reducing carbon footprint. Lots of the work we do is completed on our laptops / emphasis on soft-copy (rather than printing).