Placement Year Review at J.P. Morgan

The Role

Role Description

Daily, weekly and monthly fund accounting,
creating client reports,
liaising with traders and portfolio managers,
ad-hoc project work.

1. To what extent did you enjoy your work placement or internship?

★★★★★★★★☆☆

Rated 8/10

Overall I had a good experience at JP Morgan. I learnt a huge amount in the year I was there and was well rewarded for it. I really liked the people that I was working with and felt that they valued me as an individual.

2. To what extent did you feel valued by your colleagues?

★★★★★★★★☆☆

Rated 8/10

Everyone was extremely supportive and helpful and are willing to give up their time to help you. I feel that because I was given a lot of responsibility, I was valued even more by my fellow colleagues.

3. To what extent were you given support and guidance by management/your supervisor(s)?

★★★★★★★★☆☆

Rated 8/10

I had both a team leader and a team manager whom were very open and made time to meet up with me on a regular basis to catch up. My buddy was also very good to chat to informally. Was also assigned a mentor, however I only met once with him as he was from a different area of the business.

4. How busy were you on a daily basis?

★★★★★★★★☆☆

Rated 8/10

I went from being very busy and work late into the evenings to having nothing to do and asking my colleagues for work. I would have preferred more consistency, although in the free time I was able to complete my project and put more time and effort into it.

5. How much responsibility were you given during your placement?

★★★★★★★★☆☆

Rated 8/10

I was working on very large client accounts as well as liaising with senior management in operations and asset management. Although i wasn’t given full responsibility of the projects that I was working on, I was given a significant amount of work to do which was key to the success of the project.

6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?

★★★★★★★★☆☆

Rated 8/10

I think my work ethic has greatly improved as well as my technical knowledge from being so directly involved in a financial institution, i'm sure this will aid me in my final year at uni.

The Organisation

7. What was the general atmosphere in your office?

★★★★★★★☆☆☆

Rated 7/10

Generally the atmosphere was really nice and friendly, however there were a number of redundancies whilst I was there in my team and across JP Morgan. I didn't think they were handled particularly well but its something you should be aware of if you’re interested in working in a bank.

8. How well organised was the overall work placement or internship set up?

★★★★★★★★☆☆

Rated 8/10

The programme was well set up with 4 performance reviews over the year to get feedback. There were also networking events as well however more were organised whilst the summer interns were around.

9. In terms of personal training and development, to what extent did the company or firm invest in you?

★★★★★★★★☆☆

Rated 8/10

I was allowed to go on a number of training courses to improve my commercial knowledge and professional skills such as communication course, intro to investment management and diversity conferences.

10. What were the perks on your work placement?

★★★★★★★★☆☆

Rated 8/10

• Subsidised Canteen
• Subsidised/Company Gym
• Financial Bonus
• Healthcare/Dental

11. How appealing are future employment prospects within the organisation?

★★★★★★★★☆☆

Rated 8/10

Times are tough at the moment and I'm waiting to hear back whether I've been accepted on the grad programme. Regardless, the placement is a great opportunity to impress and JP Morgan is brilliant for your CV.

Other Information

12. Was there a good social scene amongst any fellow placement students/colleagues?

★★★★★★★★☆☆

Rated 8/10

There is a big placement programme (around 40 in my year) and there were some social events organised by JP Morgan, mostly in the summer. There's usually a good crowd up for a beer on a Thursday/Friday after work as well.

13. What was the cost of living and socialising in the area you worked in?

★★★★☆☆☆☆☆☆

Rated 4/10

I lived at home but the cost of living/travelling are very expensive in central London, however this is reflected in the salary.

14. What was the Nightlife like in the area you worked?

★★★★★★★☆☆☆

Rated 7/10

There’s always somewhere to go in London and so you’re never out of ideas. A favourite past time that I enjoyed with my colleagues was to go to the theatre.

15. Were there many opportunities to get involved in activities outside of work?

★★★★★★★★☆☆

Rated 8/10

All the interns were able to take part in community team work day, where you get a day paid at work to help on a community project. This was a great way to socialise with the other interns and get out of the office for a day. There are also lots of sports clubs and a gym based at JP Morgan you can join.

In addition to these questions, is there any extra information you would like to leave about your experiences on your work placement that other students may be interested in?

I had a great year at JP Morgan and would fully recommend the placement to anyone interested in the Banking industry before going straight into it as a grad.

Review 95/95 for J.P. Morgan

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