I applied online. The process took 1 day. I interviewed at JPMorganChase (New York, NY) in Nov 2010
Interview
I got to know this internship opportunity by one of my friends who has worked there before (but I didn't ask him for a reference) and I submitted my resume and cv online. There are two rounds of interviews, the first consisted of 3 in person interview in a hotel, but if you applied too late and missed the campus interview session, you have to take several phone interview, so please apply early because in person interview is easier than phone interview. After the first round, I went to New York for an onsite interview which consisted two written test on math/c++ and 7 in person interview. Most questions are probability, basic Black-Scholes.
Interview questions [1]
Question 1
This is one of the more difficult question: There is an ante sitting on a vertex of a cube, at each time step, there is 1/3 probability for the ante to move an each adjacent vertex. What's the expected time for the ante to visit all the 8 vertexes?
Mostly technical, focused on different valuation methods, dilutive shares outstanding calculation, pretty much the same question from IB technical prep-400q guide, and a few qualitative questions on simply why IB, why this group, etc.
Interview questions [1]
Question 1
walk me through LBO, DCF? how would approach a valuation of an airline?
You will first have a hire vue. If selected this will be followed by a super day with numerous other candidates. Super day is 3 interviews at about 30 min.
The first round of the selection process is conducted online, consisting of 2 to 3 programming tests. These tests are designed to evaluate a candidate's coding skills, problem-solving abilities, and efficiency in writing code. Candidates are expected to complete these tests within a timeframe of 90 minutes. This time constraint tests not only the candidate's technical knowledge but also their ability to work under pressure and manage time effectively. This format ensures that candidates are assessed in a controlled environment, where their aptitude for the job can be accurately gauged through their coding solutions and methodologies.
Interview questions [1]
Question 1
Talk about your algorithm. Go through your code. Why do you design it this way? Is it optimized? Are there improvements? If so, how?
