Jenny Lee '93
"A very strong talent pool exists at Yale." — Jenny Lee '93
Four years ago, JPMorgan was evaluating which schools they wanted to focus on for recruiting and which schools would make up the core group of schools. Yale was not on the list at the time and so we started a campaign with senior management to get Yale on the list of core schools.
There were a couple of vantage points — a very strong talent pool exists at Yale and the student population generally shows a strong interest in finance. Also, there is a significant number of alumni within the bank, up and down, and at senior levels, who provide a stable SOM network in the company. We were successful in getting Yale in the group of core MBA schools that we recruit for our investment banking program and have consistently hired several associates each year for the last four years.
Being captain of the SOM recruiting team means figuring out what events we should be sponsoring above and beyond regular presentations that we always have on campus. Every year it’s a little bit different but we try to have a range of events to meet different needs. We try to have a diversity event; we try to have a women’s event; we also have a program in New York where we invite students to come and see what the firm is about.
It’s critically important for students to meet people across the investment bank in order to understand what investment banking is about at our firm, but also to get a feel for our culture and what the people are like.
It has been a productive relationship and we consistently hire associates across the firm. As far as our summer associate program, the offer rate is very high, as is the acceptance rate, both of which are important because that’s how we are tracked. SOM students come in prepared; they are hardworking and have been terrific hires for JPM.