JPMorgan Internships | Paid Summer Internships, How to Apply (2024)

FAQs

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

J.P. Morgan internships are competitive. The requirements for each specific internship may vary, but, generally speaking, you'll need to have either obtained a 2.1 degree or higher, or be on track to achieve one.

JPMorgan accepts less than 1% of intern applications and trains everyone in LLMs.

How much does a Summer Intern make at JPMorgan Chase & Co in the United States? Average JPMorgan Chase & Co Summer Intern hourly pay in the United States is approximately $26.07, which is 59% above the national average.

Can I apply to more than one summer internship program each year? We recommend you focus on no more than three summer internship program applications.

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.

What is the uniform requirement at JPMorgan Chase & Co? Business Casual overall; however, on occasion professional business attire.

“However, the big headliner is Manhattan's Baruch College, which has been quietly feeding Wall Street for decades with its finance-heavy curriculum and its close proximity to Wall Street. More Baruch alumni currently work at J.P. Morgan than any other school, according to our research,” the publication said.

We recommend starting to look for summer internships as early as the fall in anticipation of the following summer. This is because companies have different deadlines, and you want to ensure that you don't miss any important ones.

The Goldman Sachs internship program is highly competitive, and in 2022, Business Insider reported that Goldman Sachs received a record-high 236,000 applicants from around the world. Due to the high volume, it's expected that companies such as Goldman cut the majority of applicants during the resume screening.

As of Jul 3, 2024, the average hourly pay for a Summer Internship in Los Angeles is $16.31 an hour.

How much does a Goldman Sachs summer internship pay? ›

The estimated total pay range for a Intern at Apple is $20–$30 per hour, which includes base salary and additional pay. The average Intern base salary at Apple is $24 per hour. The average additional pay is $0 per hour, which could include cash bonus, stock, commission, profit sharing or tips.

Landing an internship at this firm can be difficult, though — in 2021, JPMorgan only had around 400 investment banking internship positions available but received nearly 50,000 applications.

JP Morgan aptitude tests come after Pymetrics game-based assessments in the hiring process. This stage typically consists of 4 main tests, namely the numerical reasoning test, verbal reasoning test, logical reasoning test, and situational judgment test.

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.

These days, internships are increasingly competitive. So more is better. But do keep in mind your bandwidth. You want to make sure that each application you submit is professional and tailored to the job at hand.

The acceptance rate for a Morgan Stanley internship is less than 2%. With tens of thousands of applicants per year, you have to stand out to get in. If you score lower than the benchmark on the online tests, your application will be automatically disqualified.

JPMorgan is notorious for being incredibly selective in the hiring process. In 2021, JPMorgan received 50,000 applications for only about 400 internship positions. As competition increases, here's what you need to know about the interview process. It takes a certain personality to work for JPMorgan.