JPMorgan Chase Research Analyst Interview Questions & Experience Guide

Interview Preparation
,
1

JPMorgan Chase Research Analyst Interview Questions & Experience Guide

2

Company Name: JPMorgan Chase

Position: Research Analyst

Location: [Not specified]

Application Process: Applied via Naukri.com before February 2023.

Interview Rounds:

  • Round 1 - Aptitude Test:

  • Questions Asked: Basic reasoning, English, and maths questions.

  • Your Approach: Prepared by brushing up on basic aptitude topics and practicing sample questions.

  • Outcome: Cleared the round successfully.

  • Round 2 - One-on-one Interview:

  • Questions Asked:

    • Must know basic finance.

  • Your Approach: Focused on revising fundamental finance concepts and staying calm during the interview.

  • Outcome: Progressed to the next round.

  • Round 3 - One-on-one Interview:

  • Questions Asked:

    • Tell me about yourself.
    • Questions based on CV.
    • Basic finance questions.

  • Your Approach: Prepared a concise introduction, reviewed my CV thoroughly, and ensured I could explain any point in detail. Also, brushed up on finance basics.

  • Outcome: Successfully answered the questions and felt confident about the interaction.

Preparation Tips:

  • Be confident. If you don’t know the answer to a question, admit it and express your willingness to learn.
  • Understand the job description (JD) thoroughly to align your responses with the role’s requirements.
  • Useful resource: Morningstar Research Analyst Experienced Interview Questions.

Conclusion:
Overall, the interview process was smooth, and the questions were aligned with the role’s expectations. Being honest about my knowledge gaps and showing enthusiasm to learn worked in my favor. For future candidates, I’d recommend focusing on basic finance concepts and practicing mock interviews to build confidence.

3

Company Name: JPMorgan Chase

Position: Research Analyst

Location: [Not specified]

Application Process: I applied via a referral and was interviewed in August 2023.

Interview Rounds:

  • Round 1 - One-on-one Round (Technical):

    • Questions Asked: Depreciation, capital markets, golden rules.
    • Your Approach: I focused on explaining the concepts clearly, providing examples where applicable, and linking them to real-world scenarios.
    • Outcome: Passed this round.

  • Round 2 - Technical Round:

    • Questions Asked: Core finance topics.
    • Your Approach: I revisited fundamental finance concepts and ensured I could articulate them concisely.
    • Outcome: Successfully cleared this round.

Preparation Tips:

  • Topics to prepare: Finance, Money Market, Capital Market, Depreciation, Bills Payable.
  • Brush up on core finance concepts and their practical applications.

Conclusion:
Overall, the interview process was smooth, and the questions were aligned with the role’s requirements. I would advise future candidates to focus on understanding core finance topics thoroughly and practice explaining them clearly. Good luck!

4

Company Name: JPMorgan Chase

Position: Research Analyst

Location: [Not specified]

Application Process: Applied via Naukri.com and was interviewed in May 2024.

Interview Rounds:

  • Round 1 - One-on-one Round:
    • Questions Asked:
      1. What are the financial statements?
      2. What do you know about Factset?
    • Your Approach:
      • For the first question, I explained the three primary financial statements (Income Statement, Balance Sheet, and Cash Flow Statement) and their significance in financial analysis.
      • For the second question, I highlighted Factset as a financial data and software company, mentioning its role in providing analytics and research tools to investment professionals.
    • Outcome: [Result not specified]

Preparation Tips:

  • Brush up on basic financial concepts, especially financial statements and their interrelationships.
  • Research the company (Factset in this case) and its products/services to answer related questions confidently.

Conclusion:
The interview was straightforward, focusing on foundational financial knowledge and awareness of industry tools. Preparing well for basic financial concepts and company-specific questions can make a significant difference.

5

Company Name: JPMorgan Chase

Position: Research Analyst

Location: [Not specified]

Application Process: I applied through the company website and was interviewed in July 2023.

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: Questions on finance, English, and aptitude.
    • Your Approach: I focused on brushing up on basic finance concepts and practiced aptitude questions beforehand.
    • Outcome: Cleared the round successfully.

  • Round 2 - Technical Round:

    • Questions Asked:
      1. Basic accounting question.
      2. Topics covered: Journal, financial statements, GAAP, accrued expense, accounts payable, current assets.
      3. Mergers and acquisitions, derivatives, EPS collection.
    • Your Approach: I revised core accounting principles and financial concepts thoroughly. For mergers and derivatives, I relied on my coursework and additional reading.
    • Outcome: The round was challenging but I managed to answer most questions confidently.

Preparation Tips:

  • Focus on fundamental accounting and finance topics.
  • Practice aptitude and English questions to build speed and accuracy.
  • Review financial statements, GAAP, and current assets in detail.
  • For technical rounds, understanding mergers, acquisitions, and derivatives is crucial.

Conclusion:
Overall, the interview process was rigorous but fair. I felt well-prepared for the aptitude test, but the technical round required deeper knowledge. I would advise future candidates to thoroughly revise accounting and finance basics and stay updated on industry trends.

6

Company Name: JPMorgan Chase

Position: Research Analyst

Application Process: Applied through the company’s career portal.

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: Maths, logic, and verbal test.
    • Your Approach: Focused on solving quantitative problems quickly and accurately, while also ensuring comprehension in the verbal section.
    • Outcome: Cleared the round successfully.

  • Round 2 - One-on-One Interview:

    • Questions Asked:
      • What is debt and equity?
    • Your Approach: Explained the concepts clearly, providing examples to illustrate the differences between debt and equity.
    • Outcome: The interviewer seemed satisfied with the answer.

Preparation Tips:

  • Study financial statements thoroughly to understand key concepts like debt and equity.
  • Practice aptitude tests to improve speed and accuracy.

Conclusion:
The overall experience was smooth, and the questions were aligned with the role. I could have prepared more in-depth about financial instruments to feel even more confident. For future candidates, focus on understanding core financial concepts and practice aptitude tests regularly.

7

Company Name: JPMorgan Chase

Position: Research Analyst

Application Process: Applied through the company’s career portal.

Interview Rounds:

  • Round 1 - Technical Round:
    • Questions Asked:
      1. What are corporate actions?
      2. What is capital repayment?
    • Your Approach:
      • For the first question, I explained corporate actions as events initiated by a company that affect its shareholders, such as dividends, stock splits, or mergers.
      • For the second question, I described capital repayment as the return of capital to shareholders, often through share buybacks or special dividends.
    • Outcome: Cleared the round and moved forward in the process.

Preparation Tips:

  • Reviewed financial concepts like corporate actions and capital structures.
  • Practiced explaining technical terms in simple terms.
  • Referred to Morningstar for insights into research analyst roles.

Conclusion:
The interview was straightforward, focusing on core technical knowledge. Preparing thoroughly for basic financial concepts helped me answer confidently. For future candidates, I’d recommend brushing up on fundamental finance topics and practicing clear communication.

8

Company Name: JPMorgan Chase

Position: Research Analyst

Location: Not specified

Application Process: Applied via the company website before February 2023.

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: Simple aptitude test.
    • Your Approach: Prepared basic quantitative and logical reasoning topics.
    • Outcome: Passed the round.

  • Round 2 - HR Round:

    • Questions Asked: Checked communication skills and relevance to resume.
    • Your Approach: Ensured clarity and confidence in responses, aligning my experience with the job description.
    • Outcome: Advanced to the next round.

  • Round 3 - One-on-one Round:

    • Questions Asked: Basics of equities, other instruments, randomly asked about IPO, and obscure questions like “What is share premium?”
    • Your Approach: Stayed calm and answered to the best of my knowledge, even for unexpected questions.
    • Outcome: The round was challenging due to the unpredictable nature of questions.

Preparation Tips:

  • Focus on finance, equity research, and general accounting topics.
  • Be confident about your competencies and align your knowledge with the job description in a down-to-earth manner.

Conclusion:
The interview process was rigorous, especially the one-on-one round with its unpredictable questions. Confidence and a strong grasp of finance fundamentals are key. For future candidates, ensure you’re well-prepared for both technical and HR aspects, and stay composed even when faced with obscure questions.

9

Company Name: JPMorgan Chase

Position: Research Analyst

Application Process: I applied via Naukri.com and was interviewed in August 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: No specific questions were asked in this round. The focus was on reviewing my resume.
    • Your Approach: I ensured my resume was concise and highlighted relevant skills and experiences.
    • Outcome: My resume was shortlisted for the next round.

  • Round 2 - Aptitude Test:

    • Questions Asked: Basic aptitude questions, including work-time problems, relationship-based questions, and cost-related problems.
    • Your Approach: I focused on solving the problems methodically and double-checked my calculations to avoid mistakes.
    • Outcome: I performed well and advanced to further rounds (if applicable).

Preparation Tips:

  • Revise basic mathematics, linear algebra, and hard probability problems for the aptitude test.
  • Keep your resume crisp and to the point, as recruiters spend only a few seconds reviewing it.

Conclusion:
Overall, the interview process was smooth, and the questions were aligned with the role’s requirements. I would advise future candidates to focus on strengthening their quantitative skills and ensuring their resume is well-structured.

10

Company Name: JPMorgan Chase

Position: Research Analyst

Location: [Location not specified]

Application Process: [Application process details not provided]

Interview Rounds:

  • Round 1 - Technical Round:

    • Questions Asked:
      • Q1. Regarding the job you will do.
    • Your Approach: [Candidate’s approach not specified]
    • Outcome: [Result of this round not specified]

  • Round 2 - Technical Round:

    • Questions Asked:
      • Q1. Regarding the exam and some behavioural questions.
    • Your Approach: [Candidate’s approach not specified]
    • Outcome: [Result of this round not specified]

  • Round 3 - One-on-one Round:

    • Questions Asked:
      • Q1. Senior manager normal discussion.
    • Your Approach: [Candidate’s approach not specified]
    • Outcome: [Result of this round not specified]

Preparation Tips:

  • Be confident and prepare from your resume.

Conclusion:
[Overall experience summary not provided]