J.P. Morgan Video Interview and Assessment Questions
Prepare for J.P. Morgan digital assessments and recorded interviews without assuming one universal process.
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J.P. Morgan interview preparation starts with what the firm publishes itself: a four-step hiring experience, standardized assessments for certain roles only, and an on-demand recorded video interview that can test language, presentation, or technical ability. JPMorganChase does not publish its questions, question counts, timing rules, or scoring, and it states plainly that the interview process differs by position. This guide separates the official process from candidate-reported claims, then gives you original practice for the skills the official pages actually name.
TL;DR
- The published hiring experience has four steps: Explore, Apply, Interview, Decision. Expect several people across multiple rounds.
- Standardized assessments apply to certain roles only: structured live interviews, on-demand recorded interviews, and virtual skills assessments. Your invitation names which one is yours.
- The recorded interview can evaluate language proficiency, verbal presentation, or technical abilities. Many assessments cannot be retaken for a set period.
- Investment-banking analysts join Advisory, Capital Markets, or Coverage (Industry) groups, writing reports, building financial models, and supporting transactions.
- Six try-first questions below cover accounting, the EV bridge, DCF, M&A judgment, and recorded behavioral answers. Type an attempt in each card; the model answer and AI grading unlock with a free account.
What does J.P. Morgan publish about its hiring process?
The How We Hire page describes four steps. You explore the firm and the roles that fit your qualities, apply with a resume that foregrounds measurable achievement, interview if you are a possible match, and receive a decision after the firm reviews your full application. On interviewing, the official wording matters: the process "will differ for each position" and you can "expect to meet with several people in multiple rounds." There is no single J.P. Morgan interview sequence to memorize.
The same page gives the firm's own interview hints: be yourself, and remember the firm says it is hiring "the whole person, not just a set of skills." Read that as permission to show judgment and motivation alongside the technicals, not as a reason to skip them.
The hiring FAQ adds the assessment layer. Standardized assessments are used for certain positions, and you are notified if your role requires one. The types named are structured live interviews, on-demand or recorded interviews, and virtual skills assessments. Technical assessments can be online tests or live technical interviews with an interviewer. Two operational details are official: you get a designated timeframe to complete the task, and once completed, many assessments may not be retaken for a designated period, which you are told when applicable.
| Published on official JPMorganChase pages | Not published by the firm |
|---|---|
| Four-step process: Explore, Apply, Interview, Decision | Interview round counts or stage names per division |
| Assessments for certain roles, notified by invitation | Exact prompts, question counts, or scoring rubrics |
| Recorded interviews test language, presentation, or technical skills | Whether any specific role uses Pymetrics or games |
| Retake restrictions exist for a notified period | A universal retake or re-record policy |
| Analysts join Advisory, Capital Markets, or Coverage groups | Group placement rules or desk-specific questions |
The FAQ also publishes a few mechanics worth knowing before you apply. You apply through the job search page, track status in your profile, and cannot edit an application after submitting it. The firm recommends focusing on no more than three summer internship programme applications in a year, and candidates studying abroad should expect video interviews over Zoom. Reasonable accommodations are available on request at any point in the process.
Candidate forums report game-based assessments, fixed question counts, and single-take rules for some programmes. Treat all of that as reported, not official: the current firm pages do not confirm a universal assessment battery, and the invitation email for your role is the authoritative source.
Open your invitation before preparing anything else, then work the named skills. The J.P. Morgan firm guide gives broader process context, and the investment banking technical interview questions guide covers the finance base the technical screen draws on.
What happens in the recorded interview and skills assessments?
The official FAQ describes the recorded format directly: interviewing technology presents questions and you record responses within a designated timeframe. Your device needs a camera and microphone, and the firm recommends professional business attire and a distraction-free environment. Because it can evaluate language proficiency, verbal presentation, or technical abilities, the same format can carry very different content depending on the role.
Structure each recorded answer the same way. Answer the question in the first sentence, give one specific example or step of reasoning, then close with the result or implication. Under a fixed clock, a direct opening beats a long setup. The investment banking HireVue guide covers device setup, environment, and delivery for this format.
For a virtual skills assessment, read the instructions before answering. In numerical tasks, identify the unit, time period, and decision before calculating; the numerical reasoning test guide drills that style. In judgment tasks, identify the goal, stakeholders, policy, and escalation path, as the situational judgement test guide explains. Do not prepare around claims that every candidate completes the same games or question count; the firm does not publish that.
What J.P. Morgan-style questions should you practise?
These are original IB Offer exercises, not reported J.P. Morgan prompts. They build the technical core that any analyst screen draws on: the three statements, enterprise value, DCF, deal judgment, and clear spoken answers.
Accounting and the three statements
Statement links are the floor of every technical screen. You should trace one change through all three statements without notes, then say the intuition in one line.
Accounting · try it first
Depreciation expense increases by 100 at a 30 percent tax rate. Walk through every line it touches across the three statements.
Refresh the mechanics in the three financial statements linked guide, then run a graded rep on the accounting practice page.
Enterprise value versus equity value
The bridge question is a recorded-interview favourite because it is short, testable, and easy to flex.
EV Bridge · try it first
A company has equity value of 480 million, debt of 140 million, cash of 35 million, and EBITDA of 65 million. Find enterprise value and EV/EBITDA. Then the company borrows 20 million and holds it as cash. What happens to enterprise value?
The enterprise value bridge component by component guide covers every claim you might be asked to add or subtract.
DCF and discount rates
Expect to explain why the model moves, not just how to build it.
DCF · try it first
A business generates unlevered free cash flow of 110 million next year. At a 10 percent WACC, what is it worth today, and why is WACC the right rate rather than the cost of equity?
The full build is in the walk me through a DCF guide, and the DCF practice page grades a spoken-style rep.
M&A and deal judgment
Accretion questions test whether you can do the arithmetic and still say what the arithmetic cannot prove.
M&A · try it first
A buyer earns 100 million on 50 million shares. It buys a target earning 15 million by issuing 10 million new shares, ignoring synergies and all adjustments. Accretive or dilutive, and what does that not tell you?
Test the mechanics both ways on the merger model practice page.
Behavioral answers in a recorded format
Recorded behavioral answers are scored on structure and self-awareness, not storytelling length.
Behavioral · try it first
In a 90-second recorded answer: tell me about a time you disagreed with a teammate's analysis.
Build the underlying story bank with the behavioral interview questions guide.
How do you answer "why J.P. Morgan"?
Use the published analyst programme as your raw material. The official page says analysts join one of three group types: Advisory, which works on mergers, acquisitions, and complex client problems; Capital Markets, which partners with coverage and M&A on origination, structuring, financing, and syndication; and Coverage (Industry) teams, which hold sector expertise across areas from Consumer and Retail to Technology. The page describes the work as writing reports, building updated financial models, and supporting multi-billion dollar transactions, and it names the skills the firm wants: analytical, quantitative, and interpretative ability, plus adaptability and resilience.
A workable draft has four lines:
- The group or work that interests me is...
- I verified that interest through...
- My relevant evidence is...
- The contribution I want to make is...
Then run the swap test: if another bank's name drops in unchanged, the answer is not specific enough. Avoid prestige, the "more than 90 percent of Fortune 500 clients" scale claim, and compensation as the substance; scale can support an answer but cannot be the reason. Do not invent a banker conversation or claim involvement in a deal you cannot verify. The full method is in how to answer why this bank.
One official research aid: the programme page links a free, self-paced J.P. Morgan investment-banking virtual experience on Forage, and the firm states registration or completion is optional and will not affect hiring decisions. Use it to sharpen your "why this work" answer, not as a credential to cite.
Behavioral · try it first
Build the strongest honest answer to 'why J.P. Morgan' in three moves.
How should you handle market and commercial questions?
JPMorganChase does not publish a markets syllabus, but presentation and technical evaluations make a current commercial view a standard preparation item. Choose one development you can source to a primary document: a filing, an announcement, or a central bank decision.
Answer in four steps: identify the change, explain the transmission to cash flows or valuations, name what you still need to know, and state a conditional view. A weak answer says "higher rates are bad." A stronger one asks how much floating-rate debt reprices, when it matures, what hedges exist, and whether cash flow covers interest and investment needs. Date your facts and separate the company's disclosure from your inference; the markets awareness guide builds this habit. Verify announced terms and adviser roles before attributing any transaction to the firm.
Drill sets: technical reps for the J.P. Morgan screen
One free rep each, matched to the technical sections above. Finish a rep and the prompt to keep practising appears.
Practice inside this guide
Three-statement practice
Question 1 of 1
Depreciation rises by 100 on the income statement. Walk through every line it touches.
Practice inside this guide
DCF interview practice
Question 1 of 1
Why does a DCF discount unlevered free cash flow at WACC rather than at the cost of equity?
How should you practise a recorded response?
Record one answer, replay it, and fix one specific weakness per take. For a technical answer, check units, assumptions, arithmetic, and conclusion. For an experience answer, check that your own action is unmistakable. For a market answer, separate fact from inference.
Then answer a changed version of the question without reading your draft; that is the only check that you understand the material rather than memorized a paragraph. Use the preparation and response limits in your actual invitation, since a private practice timer is not evidence of the employer's rules. Because many official assessments cannot be retaken for a set period, treat the first real attempt as the scored one and do your iterating before it.
Frequently Asked Questions
Does every J.P. Morgan applicant complete Pymetrics or a game assessment?
Not on the published record. JPMorganChase says standardized assessments are used for certain positions and that you are notified if your role requires one. Reports of specific game-based tools are candidate-reported, not confirmed on the current official pages.
Does J.P. Morgan use recorded video interviews?
Yes, for certain roles. The hiring FAQ describes an on-demand recorded video interview that can evaluate language proficiency, verbal presentation, or technical abilities.
Can I retake a J.P. Morgan assessment if it goes badly?
Not always. The firm states that once completed, many assessments may not be retaken for a designated timeframe, and you are notified of the retake period when applicable. Prepare as if the first take counts.
How many rounds should I expect?
The firm does not publish a fixed count. It says the process differs by position and that you should expect to meet several people in multiple rounds.
Are these the real J.P. Morgan interview questions?
No. The exercises here are original IB Offer practice built on the skills the firm's official pages name. The firm does not publish its prompts, and this guide does not claim insider access.
Sources
- JPMorganChase: How We Hire (official, checked September 2026)
- JPMorganChase: How We Hire FAQ (official, checked September 2026)
- JPMorganChase: Investment Banking Full-Time Analyst Program (official, checked September 2026)
Free interview path
Get your J.P. Morgan interview plan
- Step 1Why J.P. Morgan?Behavioral questions · Basic
- Step 23 mental math and markets questions
- Step 32 three-statement questions
- Step 42 DCF questions
+11 more questions in the J.P. Morgan bank after these steps.
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