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

This question is about JPMorgan Chase & Co. jobs.

By

Justin Parker

- Jun. 13, 2023

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

One of the main factors that makes getting a job at JP Morgan so challenging is that the firm often recruits its own talent, rather than selecting job candidates from a pool of applicants. JP Morgan typically seeks out candidates with exceptional academic backgrounds and professional experience.

The company also values candidates that have strong demonstrable skills in:

  • Leadership
  • Communication
  • Analytics

    However, the specific degree of difficulty for getting a job at JP Morgan depends on several factors, including:

  • Qualifications and expertise. The specific qualifications and expertise required to obtain a position at JP Morgan can vary widely, depending on role and department. Certain positions require particular degrees or certifications. More specialized roles require more unique and specific qualifications.
  • Professional experience and connections. Relevant work experience can greatly increase your chances of getting a job at JP Morgan. Candidates with impressive work histories, portfolios, and backgrounds are often more competitive than candidates that lack these areas.
  • Strong competition. 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.

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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.

What is the acceptance rate for JP Morgan? ›

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%. Click here to create a profile on eFinancialCareers.

Is it hard to get hired at JP Morgan? ›

If you're wondering how to get a job at JP Morgan, good grades and the ability to generate innovative ideas is a good place to start. But JP Morgan careers attract highly-qualified candidates with degrees from fancy schools, so be ready for some fierce competition. A career at JP Morgan comes with various benefits.

What GPA do you need to get into JP Morgan? ›

Candidates must demonstrate academic strength – a minimum 3.2 GPA for juniors and a minimum 3.5 GPA for freshmen and sophom*ores, strong teamwork, communication skills and a high energy level.

Are JP Morgan interviews hard? ›

J.P. Morgan Interviews FAQs

Glassdoor users rated their interview experience at J.P. Morgan as 61.6% positive with a difficulty rating score of 2.93 out of 5 (where 5 is the highest level of difficulty).

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.

Does J.P. Morgan pay a lot? ›

The average J.P. Morgan salary ranges from approximately $40,392 per year (estimate) for a Deli Clerk to $534,228 per year (estimate) for a Managing VP.

What is the hardest bank to get into? ›

Which is the hardest investment bank to get into? Goldman Sachs is notoriously difficult to get into. One statistics recently rolled out was that it received 100,000 applications for just 2,300 global internship positions. This means that it received 24 applications for every job it posted.

How many applicants does JP Morgan get? ›

JPMorgan received almost 50,000 applications for about 400 internship positions at its investment banking program this year. Goldman Sachs saw a 50% increase in applications for its investment banking analyst program this year, compared with 2018.

Does JP Morgan care about GPA? ›

The general eligibility criteria for most JPMorgan internships are: Authorized to work in the U.S. Minimum preferred GPA of 3.2 on a 4.0 scale.

Can you get into JP Morgan with a low GPA? ›

There are a lot of different avenues to come by. As for GPA requirements, they vary by business unit, but most are in the 3.2 to 3.5 range. Grades are clearly important – we do look at those – but beyond meeting the minimums we try to be open about it. Different people have different circ*mstances.

What skills does JP Morgan look for? ›

Valued qualities

We're looking for leaders with highly developed critical thinking, problem solving and analytical skills.

How to get hired by JP Morgan? ›

Make your resume stand out

Share some of your past projects and the metrics that measure their success. Highlight your leadership roles and the ways you encouraged collaboration with team members. For students, relevant coursework, past internships and projects that demonstrate your skills are great to include.

Does J.P. Morgan check GPA? ›

The general eligibility criteria for most JPMorgan internships are: Authorized to work in the U.S. Minimum preferred GPA of 3.2 on a 4.0 scale.

Is J.P. Morgan interview easy? ›

J.P. Morgan Interviews FAQs

Glassdoor users rated their interview experience at J.P. Morgan as 65.1% positive with a difficulty rating score of 3.04 out of 5 (where 5 is the highest level of difficulty).

How many applicants does J.P. Morgan get? ›

JPMorgan received almost 50,000 applications for about 400 internship positions at its investment banking program this year. Goldman Sachs saw a 50% increase in applications for its investment banking analyst program this year, compared with 2018.

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