J.P. Morgan
Overall Satisfaction
- “We worked on a variety of projects: anything from helping to generate new ideas for clients, to helping with research and valuation assignments. Interns are given the opportunity to work on real deals and we often meet with clients from the start, quickly shouldering quite a lot of responsibility. The internship allows you to learn a tremendous amount and offers a taste of what the actual work entails.” -- Intern, Investment Banking
- “The bank is intent on becoming one of tomorrow’s leaders.” -- Director, Investment Banking
- “When I compare my colleagues to those at other leading City banks, I genuinely believe that we have a unique combination of people who are both smart and genuine rather than arrogant.” -- Analyst, Investment Banking
- “The graduate scheme has surpassed my expectation. The programme really allows you to maximise your full career potential.” -- Intern, Investment Banking
- “It has been a terrific experience. I have developed enormously and have learned a great deal from working in a place with so many talented and driven people. I have been exposed to projects and peers that I don’t think I would have had in any other job at this age. It’s been hard work, but I am never bored.” -- Vice President, Asset Management
- “I’ve so far thoroughly enjoyed my role, and look to stay with the company for a long time.” -- Associate, Investment Banking
Culture
- “The firm is quite competitive. Individuals are focused and ambitious, and generally have clear-cut goals.” -- Analyst, Investment Banking
- “The people here are friendly and helpful, and though it is a professional environment, people are relatively relaxed and constructive.” -- Vice President, Asset Management
- “Very teamwork focused; While every firm says this, the tenure of people here shows respect for your colleagues. There are remarkably few arrogant people or ego issues here for an investment bank.” -- Director, Investment Banking
- “Teamwork is at the core of our culture. We act as a team both in good and bad times. People work very hard and are hugely driven as in any top-tier investment bank, but I have always felt that everyone respects each other, regardless of how senior one may be.” -- Vice President, Investment Banking
- “Highly inclusive.” -- Analyst, Investment Banking
- “It can be easy for an individual to get overlooked, especially in larger teams.” -- Analyst, Investment Banking
- “The firm can feel very large and sometimes impersonal.” -- Operations
- “Highly international.” -- Associate
- "The people here are easy to get along with. The culture is open and relaxed, the work-atmosphere enjoyable and people seem to genuinely care about your professional development." -- Analyst, Investment Banking
- “The firm is extremely international and the atmosphere fairly relaxed.” -- Vice President, Operations
- “‘Work hard, play hard.’” -- Analyst, Investment Banking
- “I've never experienced the concept of face time and I have always felt comfortable approaching even the most senior manager. I think the people are ultimately the key competitive strength of the firm.” -- Associate, Asset Management
- “The firm fosters excellence and hard work; it's something that you'll find at other banks but working here is also very enjoyable.” -- Associate, Investment Banking
- “The firm is bureaucratic, in part by virtue of the admin overheads that such a large company requires.” -- Associate
- “The firm challenges us to perform without it being an aggressive place. People have a lot of patience and are eager to help, especially when you’re new.” -- Intern, Investment Banking
Relations with Management
- “The bank has been very understanding and accommodating to me and I look to replicate this with my own teams.” -- Director, Investment Banking
- “As is the case with every large company, some managers are better than others and have more respect and time for juniors. But my immediate boss has always been encouraging and provides me with regular feedback.” -- Associate, Operations
- “Management is friendly and treats us with respect, which is great in an industry where managers tend to be too formal and short on patience.” -- Analyst, Asset Management
- “Feedback and appraisal is welcome in both directions.” -- Director
- “Managers are under real pressure to perform in a tough environment, run a tight schedule and are often very busy, so you have to be proactive to get ahead, especially at the more junior levels. Managers will offer their time willingly when requested. Some of the better managers are always keen to get juniors involved in all areas of the job as soon as possible.” -- Second year Analyst, Investment Banking
- “I’ve always been treated fairly and with respect by my managers.” -- Associate
- “Too many people get promoted to VP on time-served rather than on ability.” -- Vice President, Investment Banking
Formal Training
- “The level of training provided is superb. Events are well run and there is always something to get involved in. I have also received tremendous support and encouragement from my managers and peers.” -- Second year Analyst, Investment Banking
- “A lot of focus is placed on training, with both the graduate scheme and your own line of business providing training in soft and more academic skills.” -- Associate, Asset Management
- “The firm offers a comprehensive online library of courses, which cover a large range of technological and financial subjects.” -- Analyst
- “With the work and hours commitment at the desk it is not easy to get along to the training sessions as often as one would like.” -- Analyst, Investment Banking
- “The graduate rotation scheme offered within my department allows for excellent personal development during the first three years at the firm.” -- Analyst, Investment Banking
- “There is a good range of non-grad training.” -- Director
- “Very good training opportunities but unfortunately, there's very little time while at the office to attend any of the training opportunities.” -- Analyst, Investment Banking
- “The training I have received here is second to none. The global training program allows you to go to New York for two months... a great opportunity to live abroad, learn new skills and make new friends. I highly recommend it to anyone who wants a career in investment banking.” -- First year Analyst, Investment Banking
- “IB University involves regularly organised with senior bankers teaching a specific topic.” -- Analyst, Investment Banking
- "I regularly have breakfast
or lunch with the MD of my group to discuss my work and projects and to have a casual chat and get to know each other better." -- Analyst, Investment Banking
Career Progression
- "JP can come across as a very political working environment. In my experience, promotions and career advancement can prove difficult if you're not working alongside the right people. Who you know and work with makes a big difference when it comes time to get promoted." -- Director, Investment Banking
- "Meritocracy needs to be better promoted." -- Insider, Asset Management
- "The promotion process needs to be more transparent and internal opportunities could improve as well." -- Associate, Investment Banking
Diversity (women, minorities & LGBT)
- “I especially like the emphasis on hiring and retaining women. It’s something the firm takes very seriously.” -- Vice President
- “Over half of grads that started at the same time as me were non-UK nationals.” -- Analyst, Investment Banking
- “A lot of women occupy senior positions at the bank, impressive for a male-dominated industry.” -- Vice President
- “Diversity is something we work on continuously.” -- Insider, Investment Banking
- “Every effort is made in terms of hiring and mentoring women.” -- Insider, Investment Banking
- “We have made effort in this area and we provide mentoring to our women employees to ensure they are given maximum support to be successful.” -- Insider
- “Panel discussion events, training events and (offered) much support from senior management; It is acknowledged the bank still has a way to go at the senior level as women remain underrepresented here.” -- Analyst
- “There are plenty of networking and career development opportunities for ethnic employees.” -- Analyst
- “There is a LGBT (lesbian, gay, bisexual and transgendered) networking group within the firm that is openly advertised.” -- Associate, Operations
- “There’s a huge drive toward excellence, and this involves diversity initiatives, community actions and the development of staff.” -- Director
- “One of the main goals of the company in HR is to have an equal number of men and women in higher positions.” -- Managing Director, Investment Banking
- “There are numerous events and initiatives focused on diversity, such as management-employee feedback forums, women’s networks and formal mentoring programmes.” -- Analyst
- “The bank ranks high in terms of hiring and promoting minorities compared to some other City counterparts. Representation of all minorities on the grad scheme is brilliant.” -- Associate, Investment Banking
- “There is definitely room for improvement.” -- Director
- “It’s something the firm is very focused on, but given the nature of the Ibanking industry, there is still room for improvement when it comes to having minorities and women at the top.” -- Analyst
Offices & Dress Code
- “Shirt, trousers and dress shoes.” -- Associate, Asset Management
- “Typical, open-plan offices in London.” -- Analyst, Investment Banking
- “An open space, so there isn’t a lot of privacy, but is fosters asking questions and creating a good working atmosphere.” -- Analyst, Investment Banking
- “The trading floor is suboptimal with respect to temperature and availability of space.” -- Senior Analyst
- “Most people are business casual but have the extra suit in the office as you can’t always plan on when you have client meetings.” -- Analyst, Investment Banking
- “Some groups, especially the ones that have a lot of contact with clients, are always formal.” -- Intern, Investment Banking
- “The offices are clean, well decorated and in good condition but they're usually too busy.” -- Associate
- “Acceptable but nothing luxurious.” -- Director
- “Suit, no tie. Comfortable.” -- Analyst, Investment Banking
- “Dress code varies hugely across the bank by business area. Suit with tie or not tie, depending on style. Certainly no jeans or chinos – and always smart for client contact.” -- Analyst, Investment Banking
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