I applied through university. The process took 4 weeks. I interviewed at JPMorganChase (New York, NY) in Oct 2012
Interview
The first round interview were held at my campus recruiting center and was half behavioral/fit and half math. I come from a history background so they didn't ask anything too technical. They were really looking for the way you think and approach problems so don't worry if you don't come from a finance or business background.
The second round was at one of JPM's NY offices and consisted of two back-to-back half-hour interviews. Again, these were mostly behavioral with some math problems thrown in. In the second interview my interviewer gave me a kind of mini-case (like what you would get in a consulting interview) but it was very straightforward (you own a small coffee shop on a college campus, business is going bad: why is that and how can you fix it). They said I'd hear back from them in two weeks but I actually got an email asking to meet for a "follow up" a day later.
I think this follow up was actually a kind of secret third round, just judging by what the people I spoke with (who had been hired into this position two years before) said. I just meet three JPM employees for coffee at one of their NY offices. This "round" was entirely fit questions (Why finance? Why JP Morgan Chase?) and was really just a good chance for the candidate to build rapport with the "interviewers" and ask questions. A little nerve-racking but the people I spoke with were very nice so that helped.
Interview questions [1]
Question 1
Probably "Why finance" seeing as I am a history major, but I have genuine interest in finance so I think that showed. Don't try to fake on this one, have an honest answer or else you might as well just say "I want a nice salary."
1 Phone Call, 2 further technical/behavioral and a superday. Overall it was a very good processs which focused on a good technical foundation with cultural fit as well. I think they did a great job interviewing
JP Morgan interviews usually run in stages: online application and aptitude tests, HR screening, one or two technical rounds, and a final behavioral or managerial interview. Expect finance basics, problem-solving, ethics, and pressure-tested communication.
Interview Stages
Initial Screening: The process usually begins with an initial phone or video call with a recruiter or a human resources representative. This step focuses on your qualifications, interests, and general fit.
Subsequent Interviews: If you move forward, you will have several rounds of interviews with analysts, associates, and potentially higher management like a VP or head of a program. These discussions typically mix behavioral questions, technical questions, and a focus on Excel skills.
Case Study/Project (Potential): For the financial analyst role, some candidates have reported a final round that includes a case study presentation or a project to assess problem-solving and analytical skills.
Offer and Onboarding: If a conditional offer is extended, it is contingent on a background check, which includes verifying employment, education, certifications, and licenses.