<p>I recently got an offer from JP Morgan Chase to start their Technology Development Program. I am still waiting to hear back form Accenture for a Systems Integration Analyst role. These are the two I will be deciding from (I'm graduating May 2011). </p>
<p>I know a bit about both firms since I've interviewed with them, but I am really curious about career progression/salary increase timeline, as well as the general feel of the work environment for both positions and firms. The JP Morgan Chase one is a 2-yr development program, whereas in Accenture there's a few weeks of training and then you are on your own.</p>
<p>If you have any information that would be great :)</p>
<p>Well, you do realize that they’re very different companies, right? JPMorgan is an investment bank and Accenture is an IT consultancy. I personally think Accenture will work you to death more than JPMorgan. </p>
<p>As for pay, you’d probably be paid around the same…I’d say you would meet more people from different industries at Accenture than at JPMorgan. Can’t say much about career advancement, but generally at an investment bank, you’ll become an Associate in 2-3 years, then go on to AVP, VP, so on. Roughly you’d be looking at 55K-85K for Analysts, 80-120K for associate, 100-150K for AVP/VP, and higher than that for ED and MD…again, they’re really variable but that’s a ball park estimate</p>
<p>Work environment, I would say would be more hectic at Accenture. I’ve interviewed with Merrill, JPMorgan, Morgan Stanley, Deutsche Bank, Barclays Capital for Technology and none of them seemed as fast paced as Accenture or Capgemini. But that obviously would change based on the exact position–for example, a job doing support for front office applications would be much less laid back than say, Operations Tech. </p>
<p>Do you know which team within JPMorgan you’re hired for, or is it more of a generalist role?</p>
<p>Yes I do realize they are, at core, different companies. I am coming out of an engineering background, so I am fairly indifferent between these two industries since it is not my direct major anyway. There are other factors that matter a bit more to me at this point. I think the work will be, in a sense, fairly similar, so I will def enjoy it either way.</p>
<p>Again, since this is a tech role, I wasn’t sure if the career progression is different from the regular business analyst role. JP Morgan Chase was telling me I’m either going to be in IB or retail banking… hehe obviously the IB one sounds better, even if it’s just doing tech support for them. </p>
<p>haru, do you currently work for one of those companies you interviewed with? If so how has your experience been?</p>
<p>i did the JPMC technology program for an internship as a business systems analyst, and got an offer for the full time (didn’t take it). my role was in Treasury Services, I worked on a project that was building the IT system for one area of the bank. </p>
<p>if you are interested in consulting, accenture is a great place to be. But if you don’t want the life of a consultant, but also working at a great company JPMC is a good fit for that. having the developmental program is nice, but in my experience during the internship, there really wasn’t much support and investment put into the “program” at JPMC (especially compared to the development program I am in now). just my thoughts. </p>