Investment Banking
We'll keep your desk just the way you leave it. Our summer internships often lead to full-time offers.
Our Investment Banking summer internship program sets you up for a successful full-time career. In ten weeks as a Summer Associate, you will have an extraordinary opportunity to see what investment banking at J.P. Morgan is really all about. We hire most of our full-time Associates from the pool of Summer Associates, so you may very well find yourself returning to school with a full-time offer. As 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 working on the biggest deals in investment banking and handling real responsibilities during your internship.
The magnitude of a Summer Associate's job
As a member of a team, you will have day-to-day contact with senior professionals, clients and the firm's Capital Markets teams. You will gain exposure to other groups through networking and group learning activities.
You will join us in one of these three areas: industry groups, capital markets or advisory products. Read more about them in our Investment Banking business area description. Whichever team you join us in you can expect exposure to senior clients and major deals from very early in your career. Our client solutions and advice are drawn from the data you analyze, and their success relies entirely on the integrity of the underlying analysis. That's why we ask much more of you than simply running numbers; we expect you to read the numbers, to understand the story they tell, to identify trends and patterns - and to speak up if you see a better way. You need to be able to deconstruct and reconstruct the numbers and understand how they all fit together. You are the team's lynchpin.
Responsibility from the start
As an Investment Banking Summer Associate, your responsibilities may include, but are not limited to:
- Managing execution of day-to-day activities surrounding 'live' transactions
- Partnering with client executives and product specialists to develop innovative client solutions
- Performing financial analysis, and modeling and making strategic recommendations
- Conducting industry and product research and synthesizing key insights
- Leading development and preparation of client presentation materials
First-hand experience
Summer Associates work as integral members of a business team, participating in live transactions and working closely with experienced senior professionals. After a three-to-four day orientation program, you will work closely with a Summer Associate Sponsor who will offer guidance and feedback throughout the summer. This is your chance to meet the people who make J.P. Morgan a success, to experience our unique culture and to learn about our full-time opportunities. You will attend social events and other networking opportunities.
Training and development
J.P. Morgan is committed to giving you the training and tools you need to succeed. And if you join us full-time, your education will continue with J.P. Morgan's world-class Investment Banking full-time Associate program. It's the best on the Street, and a big reason why so many top students join us.
You will receive several days of focused training to orient you to the firm and to position you to succeed in your internship. This training utilizes some of the same world-class instructors used in our full-time training program.
Summer Associates get a crash course in Investment Banking, micro- and macro-economics, global markets and industries, and that's just the beginning. You will wrap up your summer with the skills to tear apart financial statements, evaluate companies and assess management. These abilities will stay with you forever, inside and outside of Investment Banking. You will also create a meaningful professional network and long lasting relationships with other interns and more senior colleagues. You will work harder and learn more than you ever dreamed possible, and it will be worth it.
The work is fast-paced, demanding and intellectually stimulating. Not surprisingly, successful Associates are highly motivated, results-driven, creative individuals who can generate ideas and execute them successfully. You must have the ability to work well under pressure and tight deadlines, and have the aptitude to synthesize large amounts of information and to develop innovative solutions. You should also be adaptable, able to manage projects independently and be ready to assume a high level of responsibility as a member of a team. We seek candidates who have strong entrepreneurial, analytical, quantitative, communication and client relations skills. Fluency in English is essential, while fluency in another language is an asset but not a requirement.
An aptitude for numbers is a must, even if you're a career switcher. 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 including advice for career changers).
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).
About our culture: Slam Dunk for Kids
During a flight delay on a client visit, Chris Harvey, a managing director in Capital Structure Advisory Solutions, was challenged to a bet as to whether he could to make a two-handed basketball dunk, after improbably making a one-handed dunk on his not-so-recent 40th birthday. If Chris was successful, the proceeds of the bet would go to the Children's Defense Fund - a non-profit advocacy group for underprivileged and disabled children. At 40-to-1 odds, Chris accepted, and since the initial challenge, the list of people agreeing to donate grew and included both our Chairman and CEO Jamie Dimon and the Investment Bank’s co-CEO Steve Black. Last November, in front of a crowd of 100 colleagues, Chris’s successful shot raised over $40,000 for the Children's Defense Fund which will be matched by the J.P. Morgan Foundation, totaling over $80,000.
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