We’ll keep your desk just the way you leave it. Our summer internships often lead to full-time offers.

In the Sales & Trading Summer Analyst program, you spend ten weeks working with top professionals as they advise and facilitate transactions with institutional clients. As an integral part of a team, you are expected to make a personal impact right from the start. Following orientation, you’ll hit the desk and learn first-hand how capital flows from the world’s largest institutional investors to its most prominent borrowers and issuers; on-the-job training and networking opportunities continue throughout the summer, setting you up for a successful full-time career.

What’s more, we hire most of our full-time Analysts from our pool of Summer Analysts. If you're serious about the markets, why would you go anywhere else?

The magnitude of a Summer Analyst’s job

You will work harder and learn more than you ever thought possible. You will learn about various markets and products while working alongside salespeople and traders to gain greater exposure and insight into the opportunities available within Sales & Trading. You will leverage and learn from J.P. Morgan’s global expertise. You will interact and socialize with J.P. Morgan colleagues, creating your own professional network and rounding out an unbelievable learning experience. Each desk has different roles and responsibilities, but during this internship, you will receive top-notch training and may be exposed to some of the same assignments as full-time Analysts.  And you just might have some fun in the process.

As part of this program, you will be assigned to a Sales, Trading, Structuring or Markets Research role specializing in either a cash or derivative product. Read more about them in our Sales & Trading business area description.

Responsibility from the start

As a Summer Analyst in Sales & Trading your responsibilities may include, but are not limited to:

• Sales: Help maintain relationships with institutional investors and match our services and products to their needs; work with trading and research teams to provide comprehensive client coverage, including fulfilling client requests for market updates, pricing, executing client orders and providing institutional clients with information about specific securities; provide marketing ideas and help initiate transactions
• Trading: help senior traders price securities and make markets in your group's particular range of products for institutional clients; assist the senior traders in managing risk, liquidity and exposure; may help support all aspects of the trading desk: pre-trade analysis, research on index constituent changes, inbound and outbound trade processing and the design of optimal strategies for large trades; help track supply and demand; constantly evaluate market developments in order to give clients accurate product information
• Structuring: Create customized investment strategies using conventional cash and derivative credit products; learn to structure complex products in unique ways and use creativity to come up with new products to match the needs of clients
• Markets Research: Perform quantitative analysis to develop relative-value trade ideas for external clients and internal trading desks; play an active role in idea generation and may have the opportunity to contribute to publications, research notes, and client seminars; interact with sales and trading desks to reinforce the real-time relevancy of your work

Training and development

World-class, hands-on training will be provided - both during orientation and throughout your internship. The summer internship starts with a four-day orientation program. Then, about once a week, you will participate in interactive Markets Meetings that will help you learn how to form and express opinions through exercises in which you offer real-life market updates and trade ideas to “clients.” You will get into the habit of keeping on top of market developments and learn how economic data and news events affect a sector or market. You will also have the opportunity to learn about product areas outside your own, through interactive seminars, small group discussions with high-level managers, and visits to other desks.  And we’ll provide you with both junior and senior-level mentors to help you out along the way.

In addition, you will have the unique chance to participate in our trading and sales simulations:

Trading simulation: Our trading simulation is designed to train you on the core trading competencies. Summer Analysts participate in a computer-based training exercise over the course of a two-hour simulated trading day. Within the stated constraints, you "trade" in the market with your fellow Summer Analysts, preferred clients, banks, and voice brokers. Your goal is to be the best market maker. A senior trader will observe and evaluate each Analyst and provide constructive feedback.

Sales simulation: A high-pressure role-playing exercise, the sales simulation trains you and assesses your sales competencies. Each Summer Analyst receives a package of information and in the space of thirty minutes pulls together a sales presentation. You then have ten minutes on the telephone to pitch your "client" - a senior salesperson in the bank who reacts to the sales proposals you suggest. At the conclusion of your sales pitch, your "client" will spend fifteen minutes interviewing you, assessing your performance and providing you valuable feedback.

Learn more about our stand-out training programs for Summer Analysts here.

What we look for

The work is fast-paced, demanding and intellectually stimulating. We are looking for entrepreneurial candidates with strong analytical, quantitative and communication skills. You should be someone who thrives on the challenge of competitive pressures. You should also be able to remain focused on client needs and work well with colleagues in a fast-paced, intense environment. We are seeking candidates with a passion for following the markets, academic strength, and a minimum GPA of 3.2.

We recruit students from many backgrounds - but an aptitude for numbers is a must. If you don't have a strong financial or business background, be sure you can tell your story; be able to demonstrate your quantitative aptitude both scholastically (SATs, coursework) and practically (former jobs, for example) and be ready to articulate how your background will enhance your career at J.P. Morgan.(You'll find out more tips in our Advice Center under not a business major.) Our summer internship programs are primarily for rising seniors, but we also offer summer internships to select rising juniors and rising sophomores.

How to apply

For more information, read before you apply. It will give you details on application information and direct you to useful links related to your application. You may also want to visit our interview process and check with your campus careers office or our campus schedule to see when we'll be visiting. You'll find out more tips in our Advice Center.

Related links:

• Sales & Trading
• Summer Undergraduate Training
• Summer Opportunities for freshmen and sophomores
• Jargon Buster
• Advice Center
• Launching Leaders Scholarship