The application, interview and assessment process varies somewhat between different lines of business at JPMorgan. The specific interview questions and information contained herein is based around investment banking and other front office roles.
The application process consists of:The numerical test consists of 20 questions in 22 minutes. Most questions require the interpretation of charts and tables. The test is designed by SHL.
JPMorgan provides some comprehensive examples of the online numerical and verbal tests here.
may prove extremely useful in preparing for any of the numerical tests.
You can take practice aptitude tests to improve your interview performance here
You will be required to discuss and draw upon your experiences at university to provide examples to back up your motivations and competency for working at JPMorgan.
Interview questions you are reasonably likely to be asked include:You will also be given the opportunity to ask questions yourself.
Practise difficult accounting & professional services interview questions here
You will do well to prepare responses for the questions listed above, however, never repeat responses parrot-style during an interview.
On a single day, JP Morgan may interview 150 candidates, and your interviewer will have carried out identical interviews hour after hour. Make a pleasant, personable impression and go out of your way to please the interviewer such that they enjoy interviewing you, and you will likely get them on your side. Of course, this isn't always possible. If there is no chemistry with the interviewer, or the interviewer looks bored, stressed or tired, give them the answers they need in as efficient manner as possible, so that the interview is made effortless for them.
The technical interview is likely to be more challenging than the first. The purpose of this interview is to test your technical ability and abilities to think on your feet. They will also be attempting to assess your ability to work under pressure.
Questions you are reasonably likely to be asked include:Practicing mental arithmetic beforehand may help you.
The most important thing to do in this interview is keep your cool. They will be trying to find your breaking point. Do not panic and become flustered, this is the response that they are trying to achieve. Take your time when solving problems, and do not be afraid to speak your reasoning out loud.
The numerical test is performed on paper. The test is designed by SHL. The test is timed and you will be allowed to use a calculator. Calculator (you may bring your own), pencil, eraser and scrap paper will be given. The test is 25 minutes long and there are 28 questions.
The test will require you to:No mathematical experience beyond GCSE is required, although a degree with a technical background will be an advantage. Many consider the numerical test at JP Morgan to be amongst the most difficult of all firms, so you should be prepared for this when taking the test.
There will be extreme time pressure during this test. You should work as swiftly and accurately as possible. It is extremely important that you manage your time appropriately on the test, and move on once a question's allocated time has passed. It is unlikely that you will finish the test in the time provided.
JPMorgan use assessment centres for graduate schemes in their Operations, Finance & Business Management divisions.
The assessment centre consists of:You can prepare for your Assessment Centres with online training - click here