Investment Banking
Our Investment Banking summer internship program sets you up for a successful full-time career. As a Summer Analyst, 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 Analysts from the pool of Summer Analysts, so you may find yourself returning to school with a full-time offer in your pocket. 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 working on the biggest deals in investment banking and handling real responsibilities during your internship.
The magnitude of a Summer Analyst'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.
Follow the day-in-the-life of a Summer Analyst and see photos of past summer events on our Media Zone.
You will join us in one of these three areas: industry groups, capital markets or advisory products. Read more about them in our Investment Bank business area description. No matter what team you join, you can expect exposure to senior clients and major deals early on 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 anchor.
Responsibility from the start
As an Investment Banking Summer Analyst, your responsibilities may include, but are not limited to:
- Performing financial valuation, discounted cash flow and multiples-based analyses
- Building and using financial models
- Preparing presentation materials and participating in deal pitches
- Conducting industry and product research
- Executing client transactions from start to closing
Help is here
You will receive the training and tools you need to succeed. We provide both junior and senior-level mentors for every student who is offered a summer internship. Your mentors will be available to answer your questions and address your concerns throughout your internship. Consider them part of your J.P. Morgan community for the summer and beyond.
Training and development
World-class, hands-on training will be provided - both during orientation and throughout your internship. The summer internship starts with a four day orientation program. Investment Banking Summer Analysts get a crash course in Investment Banking, micro- and macro-economics, global markets and industries, and that's just for starters. You will leave with the ability 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 deep professional network with other Summer Analysts and more senior colleagues. You will work hard and learn a lot, and it will be worth it.
Learn more about our stand-out training programs for Summer Analystshere.
What we look for
The work is fast-paced, demanding and intellectually stimulating. We look for candidates with excellent quantitative, analytical and communication skills. 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. A well-rounded academic background with coursework in finance or economics is recommended. Candidates must demonstrate academic strength, minimum GPA of 3.2, strong teamwork, communication skills, and a high energy level.
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 sophomores.
How to apply
For more information, read before you apply. It will give you detailed 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.