JPMorgan Chase · Finance

JPMorgan Chase Investment Banking Analyst Interview Questions & Preparation

Quick answer

A JPMorgan Chase Investment Banking Analyst interview combines JPMorgan Chase's 4-stage process — application & tests, video interview, assessment centre / superday, offer — with the technical and behavioural bar for a Investment Banking Analyst. Expect JPMorgan Chase to assess integrity & accountability and client focus, alongside core investment banking analyst skills like valuation (dcf, comps, precedent) and accounting & financial statements. Prepare investment banking analyst answers framed around what JPMorgan Chase specifically looks for.

How JPMorgan Chase interviews Investment Banking Analysts

JPMorgan Chase is one of the largest global financial institutions, hiring across banking, markets, technology and operations. Its graduate and analyst processes are competitive and division-specific, balancing technical assessment with behavioural and commercial fit.

For a Investment Banking Analyst specifically, JPMorgan Chase pairs its standard assessment with a technical bar focused on valuation (dcf, comps, precedent), accounting & financial statements, financial modelling. Investment banking interviews are technically demanding and detail-obsessed. Banks want analysts who know valuation cold, can stay precise under pressure, and have genuine, well-researched motivation for the gruelling but high-paying role. Spring weeks and internships are the main entry routes.

The JPMorgan Chase interview process

JPMorgan Chase interview process1Application & tests2Video interview3Assessment centre / superday4Offer
JPMorgan Chase interview process
StageWhat to expect
Application & testsCV screen plus online aptitude and situational assessments.
Video interviewRecorded behavioural and motivational questions.
Assessment centre / superdayInterviews, plus a case or group exercise, with senior staff.
OfferDecision and offer.

What JPMorgan Chase assesses

Integrity & accountabilityClient focusExcellenceTeamworkDiversity & respect

Investment Banking Analyst questions at JPMorgan Chase

Expect a blend of JPMorgan Chase's signature questions and core investment banking analyst questions:

  1. 1Why JPMorgan, and why this division?
  2. 2Walk me through a valuation (banking) / a coding problem (technology).
  3. 3Tell me about a recent market or business story you've followed.
  4. 4Walk me through a DCF.
  5. 5How do the three financial statements link together?
  6. 6What are the main valuation methodologies?
  7. 7Why investment banking, and why this bank?
  8. 8Walk me through an LBO at a high level.
  9. 9Tell me about a recent deal or market story that interests you.

Example STAR answer

The STAR method: Situation, Task, Action, ResultSSituationSet the sceneTTaskYour responsibilityAActionWhat you didRResultThe measurable outcome
The STAR method — structure every behavioural answer around these four steps.

Example answer to: “Tell me about a time you delivered precise work under intense pressure.”

SituationDuring a finance society stock pitch, our valuation model had an error the night before presenting to industry judges.
TaskI had to find and fix it without missing the deadline.
ActionI rebuilt the DCF assumptions from scratch, cross-checked every link between the statements, and had a teammate sense-check the output.
ResultWe presented a clean, defensible valuation and won the competition against ten other teams.

Skills assessed

Valuation (DCF, comps, precedent)Accounting & financial statementsFinancial modellingCommercial awarenessAttention to detail

How to prepare for a JPMorgan Chase Investment Banking Analyst interview

  • Tailor your prep to the specific division.
  • Bring genuine commercial awareness.
  • Know valuation and accounting cold — technicals are non-negotiable.
  • Have 1–2 recent deals or market stories ready to discuss.
  • Make your 'why banking' genuine and specific, not generic.
  • Be precise — small errors signal you'd be risky on live deals.

Investment Banking Analyst salary

UK investment banking analysts typically earn £50k–£60k base in year one, with bonuses often taking total compensation to £70k–£90k+.

Frequently asked questions

What does the JPMorgan Chase Investment Banking Analyst interview process involve?

JPMorgan Chase's process runs through application & tests, video interview, assessment centre / superday, offer. For a Investment Banking Analyst, the technical rounds focus on valuation (dcf, comps, precedent), accounting & financial statements, financial modelling, and behavioural rounds assess integrity & accountability and client focus.

What is the JPMorgan interview process?

Typically online tests, a recorded video interview and an assessment centre or superday with interviews and a case or group exercise, all division-specific.

What technical questions are asked in investment banking interviews?

Valuation (DCF, comparable companies, precedent transactions), how the three financial statements link, accounting basics, and at senior banks, LBO and M&A mechanics.

How do I get into investment banking?

The main routes are spring weeks and summer internships that convert to graduate offers. Strong technicals, commercial awareness and genuine motivation are essential.

Preparing for a JPMorgan Chase Investment Banking Analyst interview?

Upload your CV and paste the job description. CareerFast instantly builds your interview readiness score, a company briefing, predicted questions, tailored STAR answers, a mock interview and a downloadable PDF — free to start, no card needed.

Interview readiness score
Company briefing
Predicted questions
Tailored STAR answers
Scored mock interview
Interview pack PDF
Build my interview pack

Keep preparing

Other JPMorgan Chase roles

This role at other companies

Related guides