Differences between analyst and associate positions at J.P. Morgan

Question

I recently applied for a position at J.P. Morgan and received feedback that my technical or analytical skills were not quite at the level required for an Associate role. However, they mentioned that I would be a great fit for an Analyst position.

What are the key differences between these roles? What exactly does J.P. Morgan expect from Associates in terms of technical skills, leadership, or decision-making that isn't required for Analysts?

Answer 1

Hey, first of all, congrats on getting this far! That already shows you're doing a lot of things right.

Analyst: This role focuses heavily on technical and analytical work. Lots of Excel, PowerPoint, financial modeling, and research. You'll prepare data, build models, and support Associates and VPs with their projects. Attention to detail and accuracy are key here.

Associate: This is essentially the "next step." Associates usually have some experience in finance (often as an Analyst or through an MBA) and take on more responsibility. They oversee the work of Analysts, coach them, and have more direct contact with clients and senior management. You're expected to work more independently, make decisions, and push projects forward.

The point about "technical skills" might mean you need to brush up on financial modeling, valuation methods, or Excel formulas. Analysts generally get more guidance and learn these tools "on the job."

My tip: If you're interested, take the Analyst role and see it as a stepping stone. Most Associates actually move up from the Analyst role — and with that experience, you can quickly level up your technical skills.

Good luck, you're on a great path!

Simon

Answer 2

Hey!

Analysts focus on data-driven analysis and supporting presentations, while Associates take on more responsibility for projects and teams.
Associates need stronger technical skills and leadership qualities and independent decision-making abilities as well.
J.P. Morgan expects Associates to think more strategically, manage client interactions, and structure issues.

It sounds like you have a solid foundation – the Analyst role could be a great opportunity to develop your skills and eventually transition to an Associate position! ☺️

Answer 3

Hi there,

I agree with what others have said. The Analyst role is more execution-focused, while Associates are expected to guide the process, review Analyst work, and drive things forward. It’s not just stronger technicals, but also more ownership, client exposure, and project management. Starting as an Analyst is a great way to build that foundation; a lot of Associates at JPM came up that route anyway.

I wish you best of luck and let me know if you need any support on the way.

Answer 4

Having worked in both consulting and finance, I’d say the main difference is the focus. In consulting, it’s about big... (read entire answer)

Having worked in both consulting and finance, I’d say the main difference is the focus. In consulting, it’s about big-picture problem-solving, like helping a client expand into... (read entire answer)