How hard is it to get a job at JP Morgan? (2024)

FAQs

How hard is it to get a job at JP Morgan? ›

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

In 2022, JP Morgan received over 270,000 applications, with only around 4,000 spots available, resulting in an acceptance rate of less than 2% 😧 To increase your chances of breaking in, networking is key 🙆 Imagine two candidates with equally impressive GPAs and experience applying for a position 🤔 Who do you think ...

Q: What are your GPA requirements? 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.

J.P. Morgan Interviews FAQs

Glassdoor users rated their interview experience at J.P. Morgan as 61.5% positive with a difficulty rating score of 2.94 out of 5 (where 5 is the highest level of difficulty).

For certain job opportunities, you may be required to take a technical assessment, which is a standardized test that evaluates job-relevant skills and capabilities. Technical assessments may take the form of online tests or technical interviews where you demonstrate your skills live with an interviewer.

The lowest-paying job at J.P. Morgan is a Deli Clerk with a salary of $39,057 per year (estimate).

How much does J.P. Morgan in the United States pay? The average J.P. Morgan salary ranges from approximately $53,386 per year for Document Processor to $226,284 per year for Executive Director.

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. It has extremely high standards in terms of talent acquisition and job candidate selection.

JP Morgan Recruitment Process

JP Morgan carefully assesses candidates' technical, logical, and analytical skills. The recruitment process at JP Morgan typically involves four rounds of interviews: Online Evaluation: The first step is an online assessment consisting of two sections.

We're looking for leaders with highly developed critical thinking, problem solving and analytical skills. Our leaders are results oriented and have the ability to thrive in a dynamic, fast-paced environment.

Is it prestigious to work at J.P. Morgan? ›

J.P. Morgan is one of the top banking firms to work for in the world. Its highly respected internship program provides students with substantial hands-on experience and the ability to interact with clients and senior bankers.

Pay is pretty good. Job can be interesting when you actually get to do something technical instead of fighting bureaucracy all the time. And when you decide to look for a new job, JP MORgan Chase looks good on a resume.

Do we like negotiating with JP Morgan? JP Morgan does negotiate, however, it is also important to note that JP Morgan does not pay competitively for technical roles - especially when you compare it to FAANG company compensation.

JPMorgan accepts less than 1% of intern applications and trains everyone in LLMs. JPMorgan's investor day has had a lot to say already about its investment into bringing in new bankers and traders. It's also revealed some interesting facts about its training program.

Business Casual overall; however, on occasion professional business attire.

Programs offered to eligible employees include parental leave, back-up child care services, flexible work options, matching gifts, discounts on banking services, electronics, arts and entertainment, fitness programs, travel and more.

Last year, JPMorgan said it had 50,000 applications for 400 jobs in its investment banking division, an acceptance rate of 0.8%. This year, JPMorgan says it had 270,855 applications for 4,604 internships globally, an acceptance rate of 1.7%.

In most cases, you may open a J.P. Morgan account with as little as $1,000.

Morgan State University has an acceptance rate of 85%. Half the applicants admitted to Morgan State University who submitted test scores have an SAT score between 880 and 1060 or an ACT score of 16 and 21.

It was a fun experience getting interviewed by JP Morgan. They ask a lot of behavioral and technical questions to get to know the candidate better. If you study and prepare it is easy. Behavioral questions asking about interests.