JMP Securities Investment Banker / M&A Analyst Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 15 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at JMP Securities.
JMP Securities
Investment Banking Analyst
Entry Average Positive experience Accept offer 3 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Technical Behavioral
The interview process was pretty straightforward and fair. I went through 3 rounds and chatted with a bunch of people from analysts up to MDs, and they all seemed genuinely interested in my well-being and if I'd be happy at the firm. They asked a mix of technical and behavioral questions, but nothing too out of the ordinary for banking interviews at similar firms. From what I gathered from other analysts, they seem to recruit mainly from semi-target and target schools.
Confirmed questions1 question
- How would a certain amount of depreciation impact the three main financial statements?
JMP Securities
Investment Banking Analyst
Intern Average Negative experience No offer 1 round
Interview process
Phone screen
Interview formats
Behavioral Technical
It had 1-2 phone screens. The next step would've probably been an in person super day, but I didn't make it. I thought I interviewed well and was surprised I didn't get the offer. They said the reason was because I didn't have as much prior banking experience as the other applicants. It's a smaller place and they want interns who have prior knowledge.
Confirmed questions3 questions
- What are your interests?
- Can you tell me about yourself/why you are a good fit for this role?
- Can you answer some technical questions?
JMP Securities
Investment Banking Analyst
Entry Average Neutral experience No offer 4 rounds
Interview process
Phone screen Technical screen Take home Onsite
Interview formats
Technical Coding Behavioral
It started with a super technical phone screen, then a modeling test, followed by another interview, and finally an invitation to their San Francisco office. Keep studying the IB guides, but if you get invited to the SuperDay, be ready to mingle and have drinks with the other analysts. I think I ultimately got dinged because I left the bar early to catch a 4 AM flight instead of staying the whole night.
Confirmed questions3 questions
- Were you asked pretty much every single question that you would find on a technical guide?
- Did you have to have a good explanation for why IB?
- Did you have to have a good explanation for what you have done is relevant to it?
JMP Securities Investment Banker / M&A Analyst Interview Questions
Quoted word for word from JMP Securities interview reports.
“What is the nominal GDP growth rate of the United States?”
Read reports →“How many times in a 24-hour period does the hour hand overtake the minute hand?”
Read reports →“How does a $10 increase in accrued expenses impact the three financial statements?”
Read reports →“What is the impact of a $10 increase in depreciation?”
Read reports →“How would a certain amount of depreciation impact the three main financial statements?”
Read report →“What are the reasons a company might choose to raise capital through equity instead of debt?”
Read report →“Explain the three financial statements.”
Read report →“Can you explain the impact of a $10 increase in depreciation on the three financial statements?”
Read report →“Suppose you have a balance scale and 6 balls. Five balls have the same weight, but one is heavier. You can use the balance scale twice. How do you find the heavier ball?”
Read report →Formats, difficulty and experience
Across all 15 JMP Securities interview reports.