Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Interview Partners to connect and practice with!
Back to overview

How to prepare for Investment Banking role at J.P. Morgan (no prior IB experience)

Hey all,

I’m starting a new analyst role at J.P. Morgan in a few weeks (Frankfurt office), and I don’t come from an investment banking background.

Would really appreciate any tips on how to get ready (Excel skills, modeling resources, or useful videos).

Thanks in advance!

2
100+
7
Be the first to answer!
Nobody has responded to this question yet.
Top answer
Rita
Coach
on Jun 25, 2025
Excel in Finance | FREE 15 Minutes Intro Call | Personalised Preparation

Hello there, 

If you don’t have prior IB experience, I’d focus on strengthening your Excel and financial modeling basics. Platforms like Wall Street Prep or Breaking Into Wall Street are great for that. PrepLounge also offers a few helpful finance resources and interview prep tools you might want to check out. 

Also, get familiar with valuation methods (like DCF, comparables, and precedent transactions) and look into recent deals in your region to build context.

It’s also worth brushing up on accounting and PowerPoint skills. (slide formatting and attention to detail really matter)

Wishing you a strong start at JPM!
 

Simon
Coach
on Jun 27, 2025
Mastering Deals and Strategy | Seasoned coach

Congrats on the offer! Starting without prior IB experience is common, what matters now is ramping up fast. Like Rita said, focus on:

  • Excel: Practice shortcuts, formatting, basic modeling (3-statement, DCF, comps).
  • Resources: Breaking Into Wall Street (BIWS), Macabacus, and free YouTube content (e.g., Mergers & Inquisitions) are all solid.
  • Mindset: Be proactive, ask smart questions, and get comfortable with long hours and steep learning curves.

Also, talk to recent joiners or interns if possible, they’re your best intel! You’ll learn a ton on the job, so don’t stress, just show you're coachable and sharp.

Similar Questions
Finance
How can I get a internship in investment banking with no experience?
on Sep 03, 2024
Global
7
5.3k
111
7 Answers
5.3k Views
Finance
Working hours in IB vs consulting?
on Oct 23, 2024
Global
5
2.6k
68
5 Answers
2.6k Views
Finance
Best investment banks to work for in 2025
on Dec 16, 2024
Global
2
1.3k
16
2 Answers
1.3k Views
Finance
Notendurchschnitt von 2,1 - IB noch möglich?
on Jan 22, 2025
DACH
1
800+
13
1 Answer
800+ Views
Show more