J.P. Morgan - Research

Research

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

Our Research summer internship program sets you up for a successful full-time career. In ten weeks as a Summer Analyst, you will have an extraordinary opportunity to see what research at J.P. Morgan is really all about. The pace is fast, demanding and intellectually stimulating, and you will work harder and learn more than you ever thought possible. But we will give you the training and tools you need to succeed. As a key member of the team, you are expected to make a personal impact right from the start. After orientation, you will get on-the-job training and networking opportunities throughout the summer while handling real responsibilities during your internship.

We hire most of our full-time Analysts from the pool of Summer Analysts, so you may very well find yourself returning to school with a full-time offer in your pocket.

The magnitude of a Summer Analyst’s job

As a Summer Analyst, you will gain hands-on experience in the financial markets and learn from outstanding colleagues. Practical exposure to the markets will give you a disciplined approach to producing reports that assess the investment merits of first-time and existing issuers, analyzing alternative investment products, providing ongoing assessments of fundamental trends in an industry or product and identifying investment opportunities in the secondary markets.

Summer Analysts are placed into one of the following groups: Equity, Credit, Corporate Quantitative Research and Credit Portfolio Group. Read more about them in our Research business area description. You will work with a senior analyst to produce reports that assess the investment merits of first-time and existing issuers, provide ongoing assessments of trends in a given industry and identify investment opportunities in the secondary markets.

Responsibility from the start

As an Research Summer Analyst, your responsibilities may include, but are not limited to:

Performing core fundamental research on an industry and the companies that comprise it
Modeling historical and projected financial statements including detailed cash flow and ratio analysis
Building relationships and servicing external clients in part through research notes, larger industry reports, and by meeting with analysts and portfolio managers
Actively participate in new issues through vetting, due diligence and sales and investor education.
Working closely with the sales force and trading desk to interpret breaking news and to market and augment their industry view as well as build relationships and service external clients through published research, marketing events and corporate access. And, working closely with the trading desk helping to generate trade ideas and strategies and manage risk
Writing notes and large reports focused on company and industry trends

Training and development

Summer Analysts undergo an intense three-to-four-day training and orientation session led by the same expert professional instructors and inspiring J.P. Morgan professionals who train full-time analysts. But that's just the beginning. Every day, you'll learn a great deal from your colleagues and teammates and most of all, from hands-on experience. Over the course of the summer, you will be invited to lunch-and-learn sessions, speaker series and networking events where you can chat with employees from every part of the firm.

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

What we look for

Research is fast-paced, demanding and intellectually stimulating. We look for candidates who possess strong accounting, finance, quantitative and business writing skills, but we are open to all majors and have training to make sure you succeed. Because research analyst time is devoted to studying firms and industries and then writing about them, there are three qualities every successful research analyst must have in abundance: deep curiosity in business and industry, well-honed financial analytical ability, and exceptional written and oral communications skills. You must be adaptable and have the ability to work well under pressure in a demanding environment. You should also be able to work independently to produce accurate, detailed materials while meeting tight deadlines. Candidates should be highly proficient in Excel and Word software. Other qualities we look for are academic strength, a minimum GPA of 3.2, high energy, maturity and demonstrated ability to work well on a team.

An aptitude for numbers is a must, even if you're a liberal arts major. 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 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.