I applied online. The process took 1 day. I interviewed at J.P. Morgan (London, England) in Dec 2014
Interview
I applied the internship online. Got interview after about 1 week. The interview takes about 45 mins on the phone. A lot of brain teasers, mathematical questions on probability and stochastic calculus. Brain teasers are a bit hard for me, but the mathematics are not too difficult.
Interview questions [1]
Question 1
Price the American options, some gambler's ruin problems
I applied online. The process took 3 months. I interviewed at J.P. Morgan in Feb 2022
Interview
I interviewed for the position of Quantitative Research Associate for three different desks at JPM. The HR/recruiting teams for each of these groups did not communicate well with themselves internally. In total I had 6 interviews with the wholesale credit team, 2 with their RAAS group, and 1 with their rates desk.
Eventually, I received an offer from their wholesale credit team for what I believed was a below market offer. When I attempted to negotiate, they came back saying this was the most they can do, and I walked away.
Interview questions [1]
Question 1
Standard Python programming, statistics, and probability questions that you are expected to know for this level
What is a decorator and how is it used?
Describe basic data structures and their uses.
Describe how importance sampling works.
I took an online assessment: two codings questions plus one written exam. preparation for a week or two. Suggest leetcode to practice. Very long waiting period for phone interviews.