J.P. Morgan Markets Summer Internship 2024

Job Opportunities Australia
1

A thread for the J.P. Morgan Markets Summer Internship 2024

Link: J.P. Morgan Australia Markets Summer Internship

2

I don’t know too much about markets but want to give it a good shot. Is there a checklist of things we should probably know / prep for before the application/interview?

3

Hey User23,

Unfortunately there’s no one specific checklist, but as a rough guide, try to know the following:

  1. Understand buy side vs sell side, sales vs trading

  2. Have a basic understanding on asset classes (products) and potentially some trade ideas

  3. Follow economic news (i.1. NAB morning call and Fear & Greed are good podcasts) so you are aware about what is going on in the industry

  4. Standard behavs, like typical bank CV/CI stuff, why markets, why that specific bank,

  5. Case studies are rly bank dependent, but if you need to participate in a case study some basic knowledge of probability and statistics is good, make sure to understand EV, variance, risk, min/max

Definitely not an exhaustive list by any means, but will set you up with a decent chance.

4

Thank you!!

Sorry what’s the difference between sales and trading?

5

Generally:

  • sales is fully client facing and you prepare trades and research to send to clients in your asset class
  • trading: you’re pricing stuff that doesn’t have a price. so you need to price based on what you know to be competitive but also maximise your profit and then take the risk on