International Banking | Jobs & Internships | JPMorgan Chase & Co. (2024)

FAQs

How hard is it to get an internship at JPMC? ›

Landing an internship at this firm can be difficult, though — in 2021, JPMorgan only had around 400 investment banking internship positions available but received nearly 50,000 applications.

Get feedback on your pay or offer

The estimated total pay range for a Intern at JPMorgan Chase & Co is $94K–$157K per year, which includes base salary and additional pay. The average Intern base salary at JPMorgan Chase & Co is $108K per year.

Additionally, every year we welcome 3000+ interns and apprentices, helping them gain on-the-job experience and develop new skills.

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.

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.

JPMorgan Chase is the largest bank in the U.S. That worries some critics, who see it as "too big to fail." SCOTT SIMON, HOST: Ever since the global financial crisis, there's been a lot of consolidation among banks. Many of them have gotten larger, but one towers over all.

Be ready to share specific examples of your previous experience that reflect transferrable skills to the opportunity you are applying for. Prepare questions for our team, so you can learn more about the opportunity and our firm.

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.

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.

With opportunities to work hands-on with experienced professionals and plenty of opportunities to network, JPMorgan interns reap massive benefits and experience from this internship. Interns are paid a competitive salary and some make nearly $15,000 for the summer, plus benefits and housing stipends.

What college does JP Morgan hire from the most? ›

“However, the big headliner is Manhattan's Baruch College, which has been quietly feeding Wall Street for decades with its finance-heavy curriculum and its close proximity to Wall Street. More Baruch alumni currently work at J.P. Morgan than any other school, according to our research,” the publication said.

JPMorgan Chase & Co employees rate the overall compensation and benefits package 3.9/5 stars. The highest-paying job at JPMorgan Chase & Co is a Senior Managing Director with a salary of £721,424 per year (estimate).

Average JPMorgan Chase & Co Intern hourly pay in the United States is approximately $31.32, which is 64% above the national average. Salary information comes from 150 data points collected directly from employees, users, and past and present job advertisem*nts on Indeed in the past 36 months.

The competition for jobs at JP Morgan is intense. However, the specific amount of competition for a role depends on the number of applicants that have applied. Another factor is JP Morgan's use of internal promotions and employee referrals from current staff members.

How much does an Intern make at JPMorgan Chase & Co in London, England? Average JPMorgan Chase & Co Intern yearly pay in London, England is approximately £62,768, which is 167% above the national average.

Intern employees have rated J.P. Morgan with 4.4 out of 5 stars, based on 439 company reviews on Glassdoor. This indicates that most Intern professionals have an excellent working experience there.

It is very hard to get a job at JP Morgan.

JP Morgan is one of the world's largest and most prestigious banking firms, so the competition for roles is fierce. JP Morgan is also known for its rigorous, intensive, and selective hiring process.

An investment banking (IBD) summer internship (summer analyst) is like an 8-10 weeklong job interview. Your best chance of getting a full-time offer at Morgan Stanley is to secure a Morgan Stanley internship. Problem is, it is not that easy. The acceptance rate for a Morgan Stanley internship is less than 2%.

The Goldman Sachs internship program is highly competitive, and in 2022, Business Insider reported that Goldman Sachs received a record-high 236,000 applicants from around the world. Due to the high volume, it's expected that companies such as Goldman cut the majority of applicants during the resume screening.