May 01, 2023

JPM MMBSI exits

Hey guys,

Does anyone have any insight into the exits for JPM MMBSI. I have seen some mention of private credit floating around and I was curious. I also know there are a number of coverage groups and I was wondering which groups would be stronger than others. Any other insights into the program would be appreciated. Thanks!

 
Most Helpful

The program is super broad so it really just depends on what you are interested in. MMBSI is divided in two groups from the analyst standpoint, Capital and Advisory Solutions (formerly credit markets, think: syndicated finance, financial sponsors, ABL, ESOP, etc. ) vs. broader coverage (think core, TDC, GHHN, etc.)… if you are looking to exit after the analyst program would definitely go CAS because you will get more connectivity to sponsors, bank market, CCBSI / CIB, etc. whereas the rest of the program is basically entirely focused on supporting bankers in market.

That being said, MMBSI is a great start for a career in commercial banking so the exit opportunities are not the point of the program. I have seen people to to LMM PE, private credit, LMM regional IB boutiques, & a few of the top analysts sneak into CCBSI / CIB (usually DCM or LevFin) or move there for associate placement.

 

Specialized industries credit coverage groups work with credit markets 

 

Thanks for the insight. Is TDC one of the stronger coverage groups? Also, once the 2.5 year analyst program is over to most people stay on for associates or leave, and if they leave where do they usually go?

 

coverage credit groups are solid they work with credit markets. Exits are dependent on your own work but good place to start if you want to get to higher finance.

 

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