JPM Group Placement 2023

1) there isn’t that much unofficial recruiting for M&A group, they have a very very standardized process that basically gives everyone that reaches out a shot at the group. M&C loves Cornell kids.

2) In my opinion (and that of many of my friends), there wasn’t that much unofficial recruiting from many of the groups, especially the top ones. FIG will reach out to basically everyone a few weeks before the unofficial placement networking sessions start. Usually by a reach out from the group sponsor or a second year analyst.

3) I would maybe reach out to school alumni or connections you have there, but speaking about group placement with them at this time might either hurt you or benefit you only slightly. If you have a close friend/connect at the bank, try to scout out the lay of the land regarding the groups

4) When the actual group placement process starts, you’ll be speaking mainly with the group sponsors first, then a few analysts and if they like you, you’ll get set up to speak with more analysts, the associates, then maybe a VP, and then the final conversation with the group sponsor.

My general advice is to try to speak to as many groups as you have general interest in, think of maybe 6. If you don’t actually like healthcare, don’t bother reaching out, you’re wasting their time and your time. If you don’t like consumer and retail, don’t waste their time. Heard a lot of stories of folks putting their eggs in only 1 or 2 groups and absolutely getting screwed over. Also think about return offers rates from last summer, which groups did best, which ones are recession proof, and groups where you see yourself fitting in. If you’re not fratty, don’t go to a fratty group.

Happy to provide more advice and information if necessary. Good luck and keep an op