JP Morgan Internships Available for PhDs
Posted by: Career Staff / Category: Business, Job OpeningsJP Morgan is a global financial leader serving the broad and varied needs of one of the largest client franchises in the world, including corporations, institutional investors, hedge funds, governments, and wealthy individuals in more than 100 countries. They have internship positions available specifically for those pursuing PhDs, including science degrees.
JP Morgan has flexible deadlines for PhD internship applications. However, demand for summer internships is intense, so the earlier you apply, the better your chances. For their PhD programs, all full-time and summer internship positions will have start dates in and around summer 2010. Their website states that “applications will be accepted on a rolling basis.”
There are two types of positions available for PhDs- Quantitative Research Summer Internships and Summer Associate Positions in Fixed Income Strategy.
As a Summer Associate in Quantitative Research, your responsibilities may include, but are not limited to:
*Developing a new valuation model, risk measurement, or financial analytic that will impact a particular trading business or corporate risk calculation
*Evaluating quantitative methodologies – identifying and monitoring model risk associated with derivative valuation models
*Assessing the appropriateness of quantitative models and their limitations for valuation and risk management
*Designing efficient numerical algorithms and implementing high performance computing solutions
*Designing and developing software frameworks to support financial analytics
As a Summer Associate in Fixed Income Strategy, your responsibilities may include, but are not limited to:
* Keeping abreast of market developments
* Developing client-oriented research on fixed-income cash and derivatives markets
* Generating timely trade ideas, both strategic and tactical
* Partaking in significant client interaction, including presentations
* Econometric modeling of fixed income markets
* Programming of models
You can apply for these positions online at http://careers.jpmorgan.com/student/jpmorgan/careers/us/apply/online.
The website also states that “if your summer experience is a success, you may be offered an opportunity to work full-time after graduation or part-time during the school year.”
-
