Prepare for your JPMorgan investment banking interview

M&A analysis, valuation frameworks, and deal economics cases calibrated to JPMorgan's technical rigor and client-first culture.

Socratify AI

The Interview

What JPMorgan is looking for

M&A Case Interview

M&A Deal Analysis

01Transaction Structure

02Valuation & Synergy Analysis

03Deal Economics & Payback

04Integration Risk Assessment

Behavioral Interview

01Client Relationship Management

02Analytical Problem-Solving

03Teamwork & Communication

04Intellectual Rigor

Largest investment banking division//Breadth across all M&A sectors//Rigorous technical training culture

Practice Library

JPMorgan exercises

Ready to ace your JPMorgan investment banking interview?

Prepare for your JPMorgan investment banking interview

M&A analysis, valuation frameworks, and deal economics cases calibrated to JPMorgan's technical rigor and client-first culture.

Socratify AI

The Interview

What JPMorgan is looking for

M&A Case Interview

M&A Deal Analysis

01Transaction Structure

02Valuation & Synergy Analysis

03Deal Economics & Payback

04Integration Risk Assessment

Behavioral Interview

01Client Relationship Management

02Analytical Problem-Solving

03Teamwork & Communication

04Intellectual Rigor

Largest investment banking division//Breadth across all M&A sectors//Rigorous technical training culture

How It Works

Master JPMorgan IB Interviews

M&A deal cases and behavioral rounds, evaluated on JPMorgan's analytical standards and client advisory expertise. · Click to expand

1Your Investment Banking Goals

M&A Analysis

Practitioner

Valuation Frameworks

Practitioner

2Investment Banking Case Prep

Your client, a $2B SaaS platform, is acquiring a $500M competitor. Walk me through the...

CASE INTERVIEWHard

JPMorgan

3Frameworks

Framework

Is this acquisition strategically accretive to our client?

What is the combined market opportunity post-merger?

Combined TAM: $45B, growing 18% YoY (vs industry 12%)

Buyer + Target combined market share: 15% (fragmented market)

What revenue and cost synergies can we realistically achieve?

Revenue synergies: $120M from cross-sell + upsell (18-month payoff)

Cost synergies: $45M annually from G&A and R&D consolidation

Are the financial metrics attractive?

Is the purchase price justified by the target's fundamentals?

Target valuation: $500M at 2.5x revenue multiple (vs buyer 6x)

Target EBITDA margin: 28% (vs buyer 35%)

What is the deal payback period including synergies?

Payback: 2.8 years at $50M annual synergies (post-integration costs)

Can we execute the integration successfully?

What are the key integration risks?

Technical debt: Target's legacy platform requires $40M engineering investment

Customer churn risk: 15% historical churn post-acquisition in category

Do we have the talent and bandwidth to integrate?

Integration team: 18 FTE, 18-month timeline (vs buyer's 3 prior deals)

4Feedback

Transaction Structure

Distinctive

Valuation Rigor

Distinctive

Deal Economics

Strong

Communicating Recommendations

Strong

Repeat

Practice Library

JPMorgan exercises

Your client, a $2B SaaS platform, is considering acquiring a $500M competitor. Walk me...

CASE INTERVIEWHard

Technology · M&A ValuationJPMorgan

Value a mid-cap SaaS company with $200M ARR, 35% YoY growth, -10% EBITDA margin.

LEARNHard

Technology · ValuationJPMorgan

Walk me through a leveraged buyout analysis for a $1.5B industrial company.

LEARNHard

Industrials · LBO AnalysisJPMorgan

Tell me about a time you had to synthesize complex financial information quickly.

BEHAVIORALMedium

Behavioral · Analytical Problem-SolvingJPMorgan

Describe a situation where you worked with a difficult team member on a time-sensitive...

BEHAVIORALMedium

Behavioral · TeamworkJPMorgan