JPMorgan 2026-2027 Commercial & Investment Banking 

United Kingdom, England, London 

179100376

As an Industrial Placement Year Intern within Markets Economic Research, you will engage in a stimulating, demanding environment, supporting our senior economists with industry-leading research.

What You Can Expect

This is a 12-month programme running from May 2026 to May 2027, eligible only for students graduating April-October 2028 who have an integrated industrial placement year within their degree. This programme is a pipeline to our subsequent full-time analyst programme.

We strongly encourage you to submit your application as early as possible as programs will close once positions are filled.

Available tracks

• EDGE (Frontier Economies): This role will allow you to understand the global economy along with a wide range of smaller economies. Most of the time will be dedicated to exciting stories about frontier economies along with understanding how Developed Markets interact with Emerging Markets. Your work alongside senior economists will support regional and global asset managers (including corporates occasionally) to understand what is happening in the world and economies of interest to them. The team members have various skills on economics and econometrics. Through interaction with all team members, you will deepen your knowledge of Economics, Excel, and Programming. All these will serve as a solid foundation for your career. The job will also include thematic weekly analyses for frontier economies at the global level. You will deal with themes, such as: the role of global financial variables for Emerging Market economies, how monetary policy shocks of global or regional central banks are transmitted, what drives GDP growth in Emerging Markets, and the roles of China, the US and the Eurozone for various regions of the World, including frontier economies. Highly interesting topics will cover how countries fund themselves on external capital markets, why some countries cannot find capital and are forced to restructure their debt. Linked to that, you will learn the macroeconomic implications of capital flows, what is the IMF role and that of other International Financial Institutions. Frequent discussions will deal with the causes of inflation across the world and how to understand what Central Banks are doing versus what they should do.

• Equity Quantitative: Your expertise will contribute to cutting-edge research and quantitative strategies. You will collaborate with internal teams and prepare the presentation of insights to external clients, leveraging your strong quantitative skills and knowledge of machine learning and big data.

• Western Europe: In an ever-changing global economy, you’ll spend your time helping our clients to understand what is happening now, and what will happen next. During recent years, the students have been involved in longer-term projects involving the impact of higher gas prices on the European economy, structural changes in European growth potential, the causes of inflation persistence across the region as well as the impact of the rapid rise in interest rates on economies. In addition to such projects, the student is involved with the weekly rhythm of economic analysis and publications. The work is very varied and driven in large part by current events.

Job responsibilities

• Support senior economist colleagues with key economic research, evaluations and preparatory analyses.

• Monitor market movements and conduct portfolio reviews.

• Learn about the solutions and products we offer for clients to manage any market conditions.

• Participate in hands-on experience, relevant skills training and valuable professional networking.

Required qualifications, capabilities and skills:

• Proficient verbal and written communication skills for the country to which you are applying.
• Willing to take on some responsibility and manage your own projects in collaboration with your colleagues.
• Graduation date falls within April-October 2028, studying an undergraduate course at an institution that supports an integrated industrial placement year programme.

Preferred qualifications, capabilities and skills:

• Strong interest in global financial markets, as well as investigative and quantitative skills.

• Flexibility, attention to detail and thrives in a collaborative environment.

• Well-rounded academic background that includes details of extra-curricular positions is also of interest to us.

• We accept applications from all degree disciplines as we respect and admire diversity of thought, but especially for our trading and structuring tracks, it is useful to enjoy numerical and quantitative work.

Please note, not all hiring desks require specific languages however there will be some that do. Please ensure you list your language fluency skills on your application form to help us identify the most appropriate opportunities for you.

The deadline for this position is 2nd November 2025.

Help us learn about you by submitting a complete and thoughtful application, which includes your resume. Your application and resume is a way for us to initially get to know you, so it’s important to complete all relevant application questions so we have as much information about you as possible.

To start the application, you will be prompted to enter your email address. Your email address will be used to create and maintain your profile so make sure it is one you will have long term access to. Do not use an email address with “.edu or .ac.uk” extension as doing so could result in delays receiving updates regarding your candidacy. After you confirm your application, we will review it to establish suitability for the role you have applied for.

The HireVue process is required, and your application will not be considered for further review until you have completed these three questions. We strongly encourage that you apply and complete these required elements as soon as possible.

If successful, you will proceed to the Superday, which typically consists of three interviews with representatives from our Global Research division.

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