J.P. Morgan

Based in	Amsterdam
Job title and business area	Investment Banking Summer Analyst
Year joined J.P. Morgan	2024
Year attended the International Banking Cycle	2023

 

Are you interested or curious about Investment Banking? The International Banking Cycle offers an excellent opportunity to delve into the industry. Participating in the event provided me with first-hand insights into the Investment Banking sector, allowing me to connect with industry experts and understand the daily tasks and responsibilities of the job.

Throughout the event, you will have the opportunity to showcase your skills and network with fellow participants and bankers. The J.P. Morgan case study was based on a real transaction and designed to experience it as such. After a brief introduction, participants were divided into smaller teams, each representing a different stakeholder. Over the next 6 hours, each team engaged in a fast-paced M&A process, aiming to secure the deal on the best terms. Teams were required to negotiate and substantiate their offer price and non-financial terms, leading to dynamic discussions. The case study concluded with a final presentation to the board of the company, consisting of various senior bankers. Once the presentations were finalized, the day wrapped up with drinks, offering a chance to ask any further questions and connect with the J.P. Morgan bankers on a more personal level.

Although the case was challenging and time-pressured, the entire experience was a lot of fun. The engaging atmosphere and interactions with J.P. Morgan's bankers inspired me to apply for the interview process, eventually receiving and accepting an offer for the J.P. Morgan Benelux team in Amsterdam (while other participants in my cohort chose to move to London).

The IB Summer Analyst position is both challenging and dynamic, but above all, very rewarding. Over the course of 9 weeks, you will truly get to experience what it is like to be an investment banker. The summer kicks off with a 1-week EMEA-wide Summer Analyst training in London, where you meet your fellow Summer Analysts. The training is focused on accounting and financial modeling, equipping you with all the tools to succeed throughout the summer. Moreover, the training allows for many social interactions with fellow Summer Analysts both during the day and afterward. As I joined the Benelux team, I started my second week back in Amsterdam. From the start, I had the opportunity to work on live transactions and be involved in the day-to-day operations within the team. Over the course of the internship, my responsibilities and exposure to seniors and clients rapidly increased. Eventually, I was working on multiple projects simultaneously, with tasks ranging from drafting information memoranda to LBO modeling. The bar is high, and as such, J.P. Morgan truly serves clients by doing “first-class business in a first-class way.”

Apart from the work, the summer was characterized by weekly morning sporting sessions with the team, as well as BBQs and other events. Overall, a summer internship at an investment bank is a unique experience that will expose you to the breadth of the financial industry. Especially at J.P. Morgan, you will always have significant resources at your disposal and work together across teams and borders, which I found very compelling. If this is something that might interest you, I highly recommend that you apply, because now is the best opportunity for you to become part of J.P. Morgan.

Good luck with your application!