J.P.

Morgan Investment Bank

270 Park Avenue New York, NY 10017 jpmorgan.com/careers

Locations
Over 50 countries

Strategic Plan and Diversity Leadership

How does the firms leadership communicate the importance of diversity to everyone at the firm?

ITS NOT ABOUT CHECKING OFF BOXES

How diversity really impacts our firm Its important to recognize what we mean by commitment to diversity. As far as were concerned, its not just about doing the right thing. Were driven to build the most talented, entrepreneurial and diverse workforce possible, but not just so we can check off a few boxes in a questionnaire. For us, its about recognizing and appreciating the strength of the individual and the impact each individual can make on our organization. At J.P. Morgan, weve been helping our clients do business for over 200 years with a steadfast philosophy to conduct only first-class business in a first-class way. The commercial agility and creativity that drives this strategy has everything to do with our peoplewe search far and wide to find individuals who are willing to leverage their unique skills for collective success. Its up to us to provide an inspirational, free-thinking place where it can all happenwhere people can go to work and maximize the opportunities provided. Because this requires ongoing effort and perseverance, we make inclusion and diversity an integral part of how we manage our business, and these beliefs will always be championed at the highest level of our organization. All very interesting, you might say, but will it compel you to join us? Youll join because of the prestige of our business and our reputation as an innovator in global banking. Youll join for the quality of our training and the quality of the work to be done. Youll join because we offer a world-class internship program

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ranked in the top 10 of BusinessWeeks 50 Best Internships. But isnt it great to know that your contributions will be recognized and applauded because they originated from a fresh voice and an individual perspective? Who has primary responsibility for leading overall diversity initiatives at your firm?

ALL THE WAY TO THE TOP

How our firm champions diversity initiatives Our business is firmly committed to creating an inclusive culture of fair play, of equal opportunity and of respect for the individual. As our Chairman and CEO Jamie Dimon says, We are morally, programmatically and institutionally committed to inclusiveness and diversity. Jamie Dimon leads the corporate diversity council, a group of senior leaders from across the firm, including the investment bank, who set the vision and strategy for diversity firmwide. Progress on diversity objectives is reviewed each month by executive management, and regularly by the board of directors. Whats more, our leaders understand that they are personally accountable for making measurable and sustainable progress. Their involvement spans from recruiting across the broadest possible talent pool to nurturing an environment where every employee has the opportunity to reach his or her full potential. This includes everything from individual mentoring and development sessions to hosting lunches or acting as a senior sponsor for employee networking groups. Mark Settles, a managing director, leads our firms diversity recruiting initiatives. Previously, Settles was head of the U.S. Short Term Fixed Income Product Team in our asset management business and was a specialist in central bank reserves management. In his current role, Settles mission as diversity recruiting executive is to help our firm attract, hire and retain top diverse talent. Reporting directly to Jamie Dimon, he partners with our business leaders, human resources, and diversity and staffing professionals on such efforts as growing our recruiting partnerships at colleges and with professional organizations and looking at internal mobility of top talent to ensure diverse candidates are considered for the broadest slate of opportunities.

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Recruitment of New Analysts and Associates

WHY YOU SHOULD JOIN: THE HOT SIX
Who better to tell you the reasons to join J.P. Morgan than J.P. Morgan people themselves? We asked our colleagues why theyve come and why they stay: they gave us the same six reasons again and again. They are listed here in no particular order; they are all equally important to usthats what makes us unique: 1. Our scale, scope and prestige This is where youll benefit from our global success. Suffice to say that, with thousands of the worlds finest minds across the investment bank in over 50 countries, you could be doing business just about anywhere. Precisely what youll be doing will depend on your own goals, professionally and personally. Our goal is to become the best investment bank in the world. Well expect the same level of ambition from you. 2. Our reputation as a business innovator This is where youll think in new ways. Innovation has driven us from the earliest days and continues to drive us now. New products, new ways of servicing our clients, new partnerships, and new ways of doing business. Were the bank that built corporate America, rescued the New York Stock Exchange, created the worlds first billion-dollar corporation, invented the concept of relationship banking, and pioneered derivatives. Today, we combine unprecedented global leverage in the markets with an entrepreneurial zeal that allows us to explore every facet of our industry. 3. The quality of training and development This is where youll never stop learning. Training doesnt automatically cease as soon as you finish being a graduate. We take continual development very seriously. Your trainers will include professors from the worlds best business schools and over 500 of our senior people and leaders. The theoretical and the practical are combined here like nowhere else. No wonder were told that our training and development programs are the best in the industry. 4. The chance to make a personal impact This is where you can make a name for yourself. Its our firm belief that the individual can only flourish as part of the team, for the benefit of all involved. On the job, your responsibilities and contributions will be substantial, and development and promotion are often rapid. Rewards are significant. But if youre only in it for the money, then youre probably not the kind of person were interested in. Those who do best

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are those whose motivations lie elsewherein the thrill of the deal, in new ways of doing business, in client satisfaction. Our best performers love their work, and work as part of an outstanding team. 5. The exceptional quality of work This is where youll master complex challenges. Never underestimate how important quality of work is. Youll be given opportunities every dayand right from the very start. Youll enjoy exposure to a quick-flowing pipeline of varied and high-quality work. With us, you can work on the worlds top deals, manage money for sophisticated investors, make complex trades or launch cutting-edge products in global finance. The challenges you face will test you professionally and drive you to develop personally. And if youre anything like us, you wouldnt have it any other way. 6. The spirit of cooperation and teamwork This is where youll inspire, support and connect. Our success depends on our open, intellectually honest culture. Before too long, well expect you to inspire your colleagues. But let them inspire you, too. Dont be afraid to ask for help. Enjoy your work. Build life-long friendships. And always remember that its all about the team. After all, youll be part of the best there is.

Internships
If you want to know what its like to work at J.P. Morgan, work at J.P. Morgan. Joining as an intern will expose you to what a career here will be like and can also help you get a head start in building your network at a leading global firm. Our 10-week summer internships are known for the high quality of work and training, giving summer analysts and associates exposure to many of the same skills and responsibilities as their full-time colleagues. In addition to the formal training (led by the same experts and J.P. Morgan people who conduct full-time training), on-the-job experience like this is invaluableinterns know first-hand what to expect when they join J.P. Morgan fulltime. Its one of the reasons why the vast majority of our interns return to J.P. Morgan as full-time analysts and associates. All interns benefit from a formal mentorship program. Mentors guide interns throughout their internships and advise them with regular feedback. Each intern is paired with at least two mentors in the business, including one senior executive.

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We hire rising seniors, juniors and sophomores for our summer analyst program. We hire first-year MBAs into our summer associate programs. Our summer internships last about ten weeks. On our online Media Zone, you can view photos and videos of real interns and our unique summer events. Visit jpmorgan.com/mediazone.

THINGS WE THINK YOULL WANT TO KNOW ABOUT...

Get a head start: We offer internships for freshman and sophomores J.P. Morgan Investment Bank offers a 10-week summer analyst opportunity in New York designed for exceptional college freshmen and sophomores who are able to demonstrate how they add to the diversity of J.P. Morgan. You will work on the same projects and be given the same opportunities as rising senior summer analysts. Plus we host professional development events and networking opportunities especially designed for you. Internships are available in investment banking, sales and trading and research. You must have a minimum 3.5 GPA.

Entry-Level Programs/Full-Time Opportunities/Training Programs

Appearing at a university near youopportunities for undergraduates and MBAs J.P. Morgan Investment Bank has entry-level, full-time and summer internship programs for undergraduates and MBAs in: Investment banking Sales and trading Research As you can imagine, one of the best ways to learn about our programs is to visit our web site, which provides detailed descriptions. There is even a jargon buster for those unfamiliar financial terms you might not use every day. The investment bank visits a variety of top campuses across the United States, including historically black colleges and universities. The ideal way to get to know us is to attend our events and chat with our people. You can find out about events on your campus, this fall and throughout the year, by checking out www.jpmorgan.com/careers.

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Scholarships
Scholarships for Undergraduates and MBAs Recognizing and rewarding exceptional students and people with unique experiences and diverse backgrounds is a fundamental part of strengthening our global reputation and capabilities. We want to recruit more top students to help build on this, and thats where you come in. Here are some opportunities for you to take advantage of: The Launching Leaders Undergraduate Scholarship is for top black, hispanic and Native American sophomores. All Launching Leaders Undergraduate Scholarship winners receive summer analyst positions in addition to awards of up to $10,000. That money goes directly to you. For more information and to apply, visit jpmorgan.com/launchingleaders. The Launching Leaders MBA Scholarship gives talented black, hispanic and Native American students positions in our prestigious summer associate investment banking program as well as $40,000 toward first-year tuition feesmoney that goes directly to you. And, if you accept a full-time position with us, the scholarship will continue into your second year. For more information and to apply, visit jpmorgan.com/launchingleaders. J.P. Morgan Chase UNCF (United Negro College Fund) Scholars Program: This is a program thats dedicated to finding academically strong, undergraduate students who have a commitment to diversity. Each year, we select up to 20 students to join the program, and they can expect to receive up to $10,000 in scholarship money as well as a guaranteed summer internship. You can apply through the UNCF web site: uncf.org/internships. Meet us on campus and visit us at our offices One of the best ways for you to learn more about working at J.P. Morgan is to meet us at campus events. We try to visit campuses often, and our people are enthusiastic about meeting students in person. We host exclusive events at our offices for you to get a first-hand look at what its really like at J.P. Morgan. The Launching Leaders Experience The Launching Leaders Experience is a chance for top college freshmen to see firsthand what we do at the investment bank: we host a visit for select black, hispanic and Native American students at our New York offices where students can meet and jobshadow some of our top bankers, traders, sales people and research analysts, as well

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as participate in interactive and educational activities. To learn more, visit www.jpmorgan/launchingleaders. Winning Women Our Winning Women events are held at our global headquarters in New York. Here, the top female students interested in an internship in investment banking, sales and trading or research can meet some of the leading female players in the business and hear how theyve personally contributed to our success. We give students the opportunity to get involved in interactive skills sessions, network with exceptional people, and participate in job shadows with our best people in one or more business groups. To learn more, visit www.jpmorgan.com/winningwomen. Proud to Be At our Proud to Be event held at our New York headquarters, select GLBT students interested in investment banking, sales and trading and/or research can meet our business leaders face-to-face and learn more about what its really like to work at J.P. Morgan. Its an ideal way to find out what we do and get top tips on how to successfully join the investment bank as a summer analyst. To learn more, stay tuned for application information at your school and visit www.jpmorgan.com/proudtobe.

GET INVOLVED, RESPONSIBLY

These days, all organizations talk about corporate social responsibility. But to us, this means more than a token gesture: its a long-standing commitment to the world around us. That commitment is a part of who we are and how we do business. It affects the investments we make and the way that we think. Our commitment is ongoing. We recently began the renovation of our New York headquarters with the goal of Platinum Leadership in Energy and Environmental Design certification. Weve also invested in alternative energy projects to help our clients reduce carbon emissions, and we took the lead in developing The Carbon Principles. There simply isnt space here to tell you about our commitment to the environment, but you can read more at www.jpmorgan.com/climatechange Were equally proud of our work with people. Thats why we created a dedicated investment banking unit to support microfinance and social enterprises around the world and encourage our own people to become actively involved. While a career in investment banking can be an intense lifestyle choice, many of us contribute our time to benefit others. From community initiatives and social events for the elderly to coaching unemployed people with job applications, we help in practical ways, where it matters.

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HOW YOU CAN HELP US AND GET INVOLVED:

Give-it-away: Vote for a nonprofit to receive $30,000 from JPMorgan Instead of spending our annual campus give-away budget on J.P. Morgan Chasebranded yo-yos or pens, were giving it away, channeling the money saved and donating it to a deserving charity. By going to our website, you can vote for one of several nonprofit organizations to benefit from our cash contribution of $30,000. To learn more, visit www.jpmorgan.com/giveitaway. Good Venture Case competition Good Venture is not your traditional case competition: Students form teams and present an investment case for a nonprofit of their choice to a panel of senior J.P. Morgan representatives. Last year, the winning teams nonprofit received a $25,000 donation from our firm. We support Good Venture as part of our wider commitment to direct action in the community. We give substantial amounts to philanthropic causes, but some of our most effective community initiatives are inspired and led by J.P. Morgan people who simply want to make a difference. To learn more, visit www.jpmorgan.com/goodventure Valued partnerships J.P. Morgan has strong partnerships with various talent organizations for diverse students, including Sponsors for Educational Opportunity (SEO), as well as the Robert Toigo Foundation, MBA Jumpstart and the Consortium for Graduate Study in Management, who all work with MBAs. We are committed partners with these organizations and get involved in things like sponsoring events, mentoring, and of course, we have hired members and alumni. Our 20-year partnership with SEO demonstrates our commitment. Over 430 SEO Career Program participants have held internships at our company since 1988, many of whom have become full-time employees. In fact, J.P. Morgan has the highest number of SEO alumni on Wall Street. We also get involved in various industry-wide organizations and conferences, such as Out for Undergraduates, INROADS (undergraduate), Disability Mentoring Day (undergraduate), J.P. Morgan Chase Smart Start Program (undergraduate), National Black MBA Conference, National Hispanic MBA Conference, National Association of Black Accountants (NABA) Convention and Reaching Out MBA Conference, which attracts gay, lesbian, bisexual and transgender students. For the most updated information on how you can get involved with J.P. Morgan, come to our campus events and visit www.jpmorgan.com/careers.

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Affinity Groups
LETS TALK
We join forces with our Employee Network Groups Right now, we have over 70 employee networking groups. These are initiated by and for J.P. Morgan employees all over the world who share cultural heritage, gender, age or interest. Access Ability, for instance, provides a voice for employees with disabilities and a useful resource on the latest disability issues. The group AsPIRE is an employee forum for Asians and Pacific Islanders that focuses on career and professional development, community involvement and networking. AdelanteSpanish for forwardis a firmwide Hispanic/Latino networking group with close to 2,500 members. Here is just a sample of some of our employee networking groups that you can join at J.P. Morgan Chase: The Investment Bank Black Leadership Forum: The Investment Bank Black Leadership Forum promotes black leadership at all levels of the investment bank through concentrated and continuous efforts. The Steering Committee focuses on the areas of recruiting/mobility, retention, communications, networking and strategic partnerships. The Investment Bank Womens Network: The Investment Bank Womens Network is a grassroots organization formed to address the needs and issues of women in the front office areas of the investment bank in North America. The committees goal is to work together, and with management, to help attract, retain, develop, and promote women across the businesses. PRIDE: PRIDE supports an inclusive environment within the firm which consistently allows lesbian, gay, bisexual and transgender (GLBT) colleagues the opportunity to build successful careers and reach their greatest potential. PRIDE aims to serve as a resource to the local and national GLBT communities and to assist the firm in building business within the GLBT marketplace. Women Who Trade: Women Who Trade (WWT) fosters communication among female traders at J.P. Morgan Chase and supports the recruitment and retention of female traders. WWT holds biweekly meetings, which include market discussions, women-related discussions, informal networking and special events. Team IB: Team IB is a global employee volunteer program for investment bank colleagues that provides a formal structure for supporting the charitable causes our

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people most care about. Colleagues can sign up and participate in volunteer projects and philanthropic efforts together. To date, investment bank employees have engaged more than 3,000 colleagues and raised almost $2 million on behalf of various charitable causes globallyfrom malaria prevention in Africa to premature birth prevention in the United States. These are just a handful of examples, of course. The point is that our employees are given many different high-profile forums to network and exchange ideas, with full support from our senior management. Building powerful relationships across the firm, they also have access to volunteer opportunities in the community, together with support for career development and mentoring. Its a popular concept: over 20,000 employees across the world are currently taking part in at least one group.

Additional Information
FEELING GOOD
Awards, accolades and the future All in all, we understand that the best and brightest people come from many different backgrounds and cultures, but they share a will and a desire to achieve. By seeking out these candidates, and celebrating and nurturing their individual strengths, well stand apart from our competitors and be recognized by our clients as the best in the business. Much of our vision has already been put into practice and has been recognized by external partners. In 2008, we were ranked No. 5 on the latest list of Top 50 Companies for Diverse Managers to Work in DiversityMBA. We are ranked in the Top 50 Companies for Diversity by DiversityInc magazine and have been on this list for the last eight years. We are also one of the Top Companies for Multicultural Women according to Working Mother magazine in 2008 and previous four years running. At the annual Out and Equal Workplace Summit, we were awarded the 2006 Outie Award for Workplace Excellence. In 2006, Black Enterprise recognized three JPMorgan employees in its issue Top Blacks on Wall Street. In 2008, J.P. Morgan Chase Investment Bank was named in the top 10 of BusinessWeeks 50 Best Internships. And, Vault voted J.P. Morgan Chase best training program out of all Investment and Commercial Banks for 2008.

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As proud as we are of our achievements and recognitions, theres always more that can be done. Well encourage you to share your interests and help raise the standards on all sides, and well give you the challenges, experiences, development and support that you need to fulfill your potential. After all, thats how well achieve ours.

LEARN MORE
For more details on our summer opportunities and to read candid profiles of our people visit www.jpmorgan.com/careers.

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