JP Morgan

Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!

What's one divided by 16?

.0625

What's the square root of 0.1?

.316

1/16

0.0625

What's the square root of 2?

1.414

Where's the S&P trading?

3609

Describe a time you took a risk.

The interviewer is probing whether the candidate is risk tolerant or risk adverse. Taking risks can be part of any job, yet employers are typically looking for candidates who take manageable risks rather than extreme risks. The question also allows the interviewer to probe for ways the candidate may have planned in advance to mitigate risk.

What's the connection between interest rates and equity prices?

They are inversely related. When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop. When interest rates have fallen significantly, consumers and businesses will increase spending, causing stock prices to rise.

What's JP Morgan's stock price today?

$116

What's J.P. Morgan's share price today?

$117

When is the last time you failed?

- 6th grade basketball team - golf team

What are your three main strengths?f

- Ability to connect - Competitive drive - ability to work individually or on a team

Bankers can work hard. How would you handle that?

- Long hours at camp -

Describe a time you led a team and dealt with a difficult individual in that team.

-Dlugas or Chase

Why has J.P. Morgan been in the news recently?

-Jamie Dimon as treasury secretary

Tell me about a time when you had a positive impact on a project. How did you measure your success?

-When I won a business pitch presenation competition in class with my business idea

What is the current yield on a 10 yr Treasury bond?

0.9%

You have a 3 liter and a 5 liter bottle. How do you measure 4 liters of water exactly?

1. pour water into 5L bottle 2. pour water out of 5L bottle into 3L bottle until 3L bottle is full. You are now left with 2L in the 5L bottle 3. pour water in 3L bottle out. Put the 2L that remain in the 5L bottle into the 3L bottle 4. Completely refill 5L bottle 5. Fill the 3L bottle which leaves 4L in the 5L bottle

If one mile is 1.6km, how many km in 8 miles

12.8

How many planes land at Gatwick everyday?

1300

How many trees are in Central Park?

20000

What is the expected value of a roll of a dice?

3.5 (average of 1 and 6)

What is the sum of the numbers from one to 100?

4999 (49x101 +50)

Whats the probability that a pregnant woman has a baby boy?

51%

How many matches take place during the Wimbledon tennis championship?

675

You look at the clock. It's 3.15pm. What's the angle between the clock hands?

7.5 degrees (the clock is separated into twelve 30 degree segments. The minute hand moves 6 degrees/minute and the hour hand moves .5 degrees/minute)

Explain how a bank work as if you were talking to an 8 year old

Banks keep your money safe, and they will pay you to keep your money with them. The money they pay you is called interest. When people do not have enough money to buy expensive things like a car or a house, they can go to banks to borrow the money. The banks use your money to let people borrow, or loan. After a certain amount of time, you need to pay the money back to the bank. The bank will charge you a little extra money for giving you the money when you needed it. This is how banks make money - service charges and fees

Why JP Morgan?

Best in class at what they do. JP Morgan is the most respected financial institution in the world. The company has a history of demonstrating leadership during times of both economic growth and instability. JP Morgan would be the ideal place to gain exposure and experience in the financial services industry Broad range of opportunities that I would not get anywhere else in terms of gaining exposure to every facet of wealth management, including investments, lending, banking, and trust and estate planning.

Where do you get your news? Whats an interesting article you have read recently?

CVS is putting Paypal and Venmo QR scanners in their stores

Tell me an experience where you had to work very hard to achieve something and you succeeded

Computer programming class

Tell me about a class you did poorly in

Financial Accounting, Intermediate Econ

Your boss assigns you a project and then goes on holiday. What do you do?

I do the project to the best of my abilities and I put my head down and grind because I'm an intern and that's what interns do

Where do you see yourself in five years' time?

I see myself

CEO of JP Morgan

Jamie Dimon

You're about to give a PowerPoint presentation in a meeting and you notice it has a mistake in it. What do you do?

My first thought would be to correct the mistake before/during the meeting or somehow buy some time to present the deck later. But, if any of it is not possible, then I would suggest do one of the following - Delete the slide which has mistake, note down the important points that you wanted to convey through that slide, and while presenting club those points with another slide Delete the whole section, (in case, if this is some mistake spread over multiple slides), present the important points of that section verbally and buy some time to share the deck later, stating that it's in WIP state If it's a big goof up, that the whole of deck cannot be presented, then my friend, you need to pay for the mistake! You have done something stupid, now do something extra-ordinarily smart! - Think of a good introduction pitch about the presentation, set context, over explain about the content and then quickly run through the slides which talk about high level things. Then spend good amount in explaining the fact that this particular topic has lot more to explain and you would come back with more progress on it soon! Have a good concluding line, leave the audience intrigued, and wanting to know more!

Why Wealth Management?

My goal is to One aspect of wealth management is that you have to tailor a specific approach to every client in order to meet their unique needs. As a camp counselor, each of your kids have different needs that need to be met in order to ensure that they are having the best summer ever.

What's your greatest achievement?

My greatest achievement was being a national merit scholar. It was a goal that seemed somewhat unreachable, but I decided to dedicate and push myself to learn the material in the weeks leading up to the test. I went to a very demanding high school with very high-performing peers, and I was maybe only in the top 35% of my grade in terms of GPA. A lot of my friends gave me a hard time for studying for it because they did not think I had a shot, but my hard work paid off and gave me a lot of opportunities that I wouldn't have otherwise. This achievement gave me the confidence that I can achieve hard goals if I work hard enough and use people telling me I won't achieve them as motivation

What was J.P. Morgan's price/earnings ratio in the past quarter?

Reported revenue: $29 billion

What is the biggest risk you have ever taken in your life?

Tesla, going on a Moondance, becoming rush chair

What's the story behind your resume?

The beginning: this is where the story starts. Usually your home/college. I'm originally from Bangladesh where there weren't a lot of women in business/finance (yes I played this card. Sue me). However, my mum challenged me by saying why not start my own. So I helped my brother start a noodle business while in middle school. 2. The lightbulb moment: this is where your interest in business/finance started Over the few years, we dramatically grew the business that our school even stopped us from selling (humor points) because we had become so popular. That experience solidified my interest in business, particularly dealing with our customers and clients, and giving them the best service possible (Tying it back to the firm. A lot of their mission statements have putting clients first). 3. Continued cultivation of interest: show how you've been taking initiative to learn more. Then explain the connection to the firm. When I got to Brown, I wanted to learn what finance was. I joined IFJ and it was there that I actually met a previous intern at your firm. She told me about how you're able to use quantitative and qualitative skills, the team work, and general open culture of the firm. 4. Why you're here today: Why are you interviewing? That's why I'm here today interviewing for this role. It brings together the client interaction I really enjoyed from running my business as well as the analytical rigor I found in my internship at BRAC. Additionally, I wanted to pursue an opportunity that would allow me to work with large institutional clients or multiple high-net worth individuals. 5. The future Eventually, I want to use the finance background this would give me and become an advisor or investor within emerging markets such as Bangladesh due to the wealth of opportunities and I know this firm would give me the required skills. (Lol okay maybe not totally true with my intentions. But I used the card I had. Know why you're doing this in general)

What would you do if you knew your boss to completely wrong about a work issue?

The first thing I would do is make sure to double check that my boss is wrong about something. I would only approach the boss if it was a significant work issue, where he/she would benefit from knowing they had made a mistake. I would also try to approach them privately so as not to undermine their authority or embarrass them in front of others. In an emergency situation where this is not possible, I would raise the issue respectfully in a way that would also not undermine their authority or threaten their position. I would also take initiative by offering an alternative solution to the issue at hand.

Tell me about yourself without mentioning your resume.

Tulane, leadership, starting JMAC

What do you think this job will entail exactly?

Work with our teams to understand client needs and examine market activities to develop and execute strategies that help clients meet their financial goals Partner with client advisors, bankers, global investment specialists and estate experts to help recommend investment and wealth management solutions that protect, manage and grow our clients' portfolios Collaborate with various teams, including but not limited to market strategy, equity, and alternative investment teams to conduct research and analysis, develop products and respond to client needs as part of a Solutions Team. Continuously learn through one-on-one mentorship, learning sessions and ongoing events to grow your professional network

What's been your biggest failure at work?

luckin coffee,

Which books do you like reading?

nonfiction (Unbroken, American Caddy, American Sniper) Mystery novels

Tell me about a time when you were confused about details of a request. What steps did you take to clarify things?

seek first to understand


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