Hello everyone, my name is Michael Anthony-Wood and I’m a rising senior at tOSU in The Fisher College of Business pursuing my Bachelor of Science in Business Administration with a concentration in finance. This summer, I will be blogging (my first time ever) about my experience interning for JPMorgan Chase in their Corporate Investment Banking division that is located in NYC, along with my experience of living in the wild concrete jungle that is New York. Now that you have a little background info on me and what my role is this summer I’ll get into the details of my first week here in the city & at work.
Orientation/Background Info on the Program: The program I am in is the Global Finance & Business Mgmt. (GFBM) program and I am under the Corporate Investment Banking (CIB) division of JPMorgan working as a summer analyst. Basically there are 100 or so interns (2% acceptance rate) in this program dispersed across 4 LOB (lines of business) that JPMorgan employs. These 4 LOB are CIB, Asset & Wealth Mgmt., Commercial Banking & Consumer Banking. For the first 3 days all 100 interns went through orientation together before we met with our official teams on Thursday, which is who we will work closely with for the rest of the summer.
Orientation was located in Manhattan at JPMorgan’s HQ for Monday & then the following 2 days were in Jersey City so there was lots of traveling around the city and I got very comfortable riding public transit quickly (more by force than willingly). Side note- NYC Subways are everything and more you have ever heard…it did not disappoint haha. The subway is kind of confusing, but once you get it down, its really not that bad considering you usually ride the same 2/3 lines after you get into a routine. The first 2 days of training were focused on explaining what each LOB does and what the organizational charts for each look like (who is your boss & their boss & so on), along with everything we needed to know as far as JPMorgan corporate goes. Wednesday however was different..very different as we sat through a 10 hour excel class. Fellow FCOB students, please PAY ATTENTION TO CSE AS IT IS BY FAR THE MOST APPLICABLE CLASS TO OUR CAREERS. I’m not kidding, I’d be willing to bet that 80% of my day consists of V/Hlookups, Pivot Tables and running Querys to provide the traders with the information and analytics they need.
First Real Days in the Office: My first day in the office was Thursday, June 6. First, the offices are huge (20+ floors) and contain everything one could want including common areas, fridges, snacks, teas/coffees and a whole cafe floor. Although the offices are large, it is surprisingly easy to communicate with everyone on your team and in your LOB as rather than cubicles JPMorgan employs an open desk floorpan where you can see everyone you work closely with. My desk consists of 3 monitors that I am able to open applications & complete work on. My direct team consists of 7 members, which is made up of myself, 3 full-time analysts, 2 VP’s and our ED (my manager) who we directly report to. There are also 2 MD’s (Managing Director’s) on our floor who oversee the day to days of the whole floor and report directly to the Board Members.
Thursday & Friday consisted primarily of a few more informational sessions, while I also tried to crank out all of my mandatory trainings so I could start my real work come Monday the 10th. Sprinkled in on these days I got a little taste of what I was to be doing for the rest of the summer and boy was it intense. My first project is one that consists of an 80,000 row Excel spreadsheet to which I have to run reports on in order to find the discrepancies and differences from the main database. The Excel spreadsheet hasn’t been so bad, but the difficulty lies in trying to learn the 3 other software programs the company uses (I was told practice makes perfect on learning these), so hopefully by the end of the week I will feel better about manipulating the data.
Outside of Work/Exploring NYC
So this is my first time in NYC so every free moment I have had over the first 1.5 weeks here has been spent exploring. So far, I have seen many of the monuments and main attractions in the city (Statue of Liberty, Empire State Building, World Trade Center, etc.) while also being able to explore some of the boroughs as each is incredibly unique. I look forward to seeing what each has to offer over the course of the summer. Along with sightseeing, I have made several close friends and have gotten close with a group of 15 or so interns who I have gone out with to happy hours after work and on the weekends. This has been great as it has allowed me to network while also having fun and learning the city all at once. I highly encourage trying to give your internship a social aspect as it will help in networking, while also making the internship as enjoyable as possible.
While the first week I had some extra free time to explore, the rest of the summer will not be so kind to me as during the week I am pretty swamped with work, if the summer continues to go this way a typical weekday schedule for me looks like:
6AM: Wake up, eat breakfast, shower/shave, iron clothes for work
7AM: catch the 2/5 or the Q (subway lines) to work depending on which is quicker
7:30AM: arrive to work
7:30-12:30: check emails, attend meetings, run reports for traders, anything my manager asks of me
12:30-1 (sometimes 1:30): eat lunch-usually pack but sometimes go to cafe
1:00-5:30/6:00PM: rerun reports with new metrics, compile and analyze data, make sure report with the days ending numbers are on managers desk before I leave for night
6:15-6:30PM: Get home, change, organize stuff for next workday
8:30: Shower, eat dinner
9-11PM: finish up any tasks still remaining, any leisure activity (TV, XBOX, hang with friends, etc)
That is all I have for now, but I’ll be posting again at the end of the week to update everyone on how my first full week in the office went! See you guys then!