On-the-job experience
Over the summer you’ll learn how our teams research, analyze and develop investment strategies and models for institutions, financial intermediaries and individual investors around the globe, working alongside some of the top minds in the field.
Training
The program begins with a three- to five-day orientation to introduce you to the firm and our business. As the summer progresses, you’ll attend senior speaker events and skills-building workshops and enjoy networking opportunities.
Career Progression
Our Summer Analyst program can serve as a launch pad for your career. Interns who successfully complete the program may receive an offer for full-time employment.
Client Analyst:You'll have the opportunity to be aligned with a team in Funds Management, Institutional Sales or Marketing.
Our Funds Management team delivers insights and investment solutions to intermediaries, including financial advisors, broker-dealer firms, and insurance companies.
Our Institutional Sales business helps pension funds, defined contribution plans, endowments and foundations, insurance companies and sovereign wealth funds with insights and investment solutions.
During your time in Marketing, you'll learn effective branding, advertising, communications and research strategies to enhance the client experience.
Product Analyst:You'll have the opportunity to be aligned a team in Alternatives, Beta/ETF Strategies, Equities, Fixed Income, Liquidity or Multi-Asset Solutions.
Our Alternatives team manages hedge fund portfolios, builds and maintains private equity portfolios, and develops innovative real estate investment solutions.
As part of our Beta/ETF Strategies team, you'll build specialized index and enhanced index products, and work on portfolio implementation capabilities across asset classes.
The Equities team manages a broad range of equity investment strategies globally with dedicated portfolio managers, research analysts and traders.
The Fixed Income group provides debt solutions, including investment grade, high yield and emerging market debt.
Our Liquidity team provides short-term fixed income solutions across a range of currencies to corporate and financial institutional investors via funds and separately managed accounts.
As part of our Multi-Asset Solutions, you'll develop investment solutions for clients using capital markets, asset allocation, portfolio construction and risk management.
FAQs
The estimated total pay range for a Intern at J.P. Morgan is $64K–$111K per year, which includes base salary and additional pay. The average Intern base salary at J.P. Morgan is $74K per year. The average additional pay is $10K per year, which could include cash bonus, stock, commission, profit sharing or tips.
What GPA do you need for J.P. Morgan internship? ›
A: We value diverse degree backgrounds and experiences and while a GPA 3.2 (or equivalent) in your undergraduate degree is preferred it is not required. Our training programs are designed to allow everyone, regardless of major studied to succeed.
How hard is it to get a J.P. Morgan internship? ›
J.P. Morgan internships are competitive. The requirements for each specific internship may vary, but, generally speaking, you'll need to have either obtained a 2.1 degree or higher, or be on track to achieve one.
What do interns do in asset management? ›
Through the Asset Management program, you'll be either a Client or Product Analyst. You'll have the opportunity to analyze and develop investment strategies that support our clients' needs, or you'll research, grow, and manage investment solutions for our global clients.
How much does a Goldman Sachs internship pay? ›
The estimated total pay range for a Intern at Goldman Sachs is $48–$79 per hour, which includes base salary and additional pay. The average Intern base salary at Goldman Sachs is $53 per hour. The average additional pay is $9 per hour, which could include cash bonus, stock, commission, profit sharing or tips.
What is the dress code for JP Morgan internship? ›
Business Casual overall; however, on occasion professional business attire.
How selective are JP Morgan internships? ›
Last time we checked, the acceptance rate for summer programs was around 1.7%, nearly twice as high. That makes JPMorgan a more competitive place to get into than Goldman Sachs, which boasted a comparatively limitless acceptance rate of 1.27% for its graduate programs.
How many interns does JP Morgan accept? ›
Additionally, every year we welcome 3000+ interns and apprentices, helping them gain on-the-job experience and develop new skills.
How long is the JP Morgan internship program? ›
Program length
Our summer internship opportunities typically range from 10-12 weeks long, depending on the specific program. We also offer longer-term and off-cycle internships for some regions and business areas.
How to prepare for a JP Morgan internship interview? ›
Attending an Interview
- Research and rehearse. Stay up to date on the news, both general and firm-specific, so you can speak from a place of knowledge and confidence. ...
- Prepare questions for our team. ...
- Plan your environment. ...
- Remember interview etiquette.
Getting an internship with a top bank like Goldman Sachs is getting harder. This year, just 0.9% of applicants made the cut — a record low. JPMorgan's intern applications have also soared amid red-hot competition.
How to break into asset management? ›
Here are some of the steps you might take to help start your career in asset management:
- Obtain a finance degree. ...
- Consider an apprenticeship. ...
- Consider an internship. ...
- Apply directly. ...
- Obtain an entry-level role. ...
- Develop your skills. ...
- Work your way up to an asset manager position. ...
- Showcase your skills.
Largest companies
| Rank | Firm/company | AUM (billion USD) |
|---|
| 1 | BlackRock | 9,090 |
| 2 | Vanguard Group | 7,600 |
| 3 | UBS | 5,710 |
| 4 | Fidelity Investments | 4,240 |
16 more rowsAsset management careers are typically a good fit for those who seek intellectual challenge, are naturally curious, and have strong knowledge of the financial markets. Compensation is competitive.
Which bank pays interns the most? ›
Somewhat expectedly, the best paid interns in banking are Goldman Sachs may be the quants. Levels. fyi indicates that an undergraduate quant intern at Goldman can earn a monthly salary of $13.4k with additional housing and transportation benefits to boot.
How many interns does J.P. Morgan accept? ›
Additionally, every year we welcome 3000+ interns and apprentices, helping them gain on-the-job experience and develop new skills.
Does J.P. Morgan pay a lot? ›
The bank's highest paying location on average (with enough datapoints) is San Francisco, paying over $200k on average. JPMorgan has historically put some of its most exciting AI jobs in California, which might explain this. London developers are paid highly at JPMorgan.
Who gets paid the most at J.P. Morgan? ›
Some of the highest wages a worker can make at J.P. Morgan are in the job titles Senior Software Engineer ($225,000), and title Senior Software Engineering Manager ($218,821) which are the highest paying jobs at J.P. Morgan.
