<p>Lol. If you're worried about not getting into JPM Honors, don't even worry about it. Not to put you down or anything, but its tough. I knew a 4.0 Wharton that didn't make it, a 3.9 H that interned at BS frosh year that didn't make it. Both didn't even get interviews. I've heard that they take from 15-25 people total, versus maybe 50-75 during SA/FT. So its definetly tough, and you've got to have a stellar resume.</p>
<p>JPM Honors isn't the only sophomore rotational program out there. UBS has one, Goldman Sachs has one (though you can't apply to it), MS has one, Citigroup, BofA (they pay a ton), etc. etc. etc.</p>
<p>I'm definetly applying to that, but I'm also applying to SA positions this summer (i have enough credits to have junior standing, but this is my second year.) Just to give you a background, I come from a semi-target (non-Ivy), 4.0 GPA, boutique bank experience. To be honest, I don't really think I've even got a shot for one of these soph. programs.</p>
<p>I think its fairly easier to get a position through SA than through one of these Soph programs. I remember reading about one of these programs; don't remember which bank, but had 10 acceptances to their Soph. program, then extended offers to those ten for SA, then extended offers for FT. All, of course, were accepted.</p>
<p>I know that the sophomores that interned this summer are already in the process of interviewing with other banks in NYC (i.e. early Superday). Don't stress if you can't get into the program, just do a MM or even a boutique during your summer. I know that if you get some kind of boutique experience, aren't a total tool, and have at least a 3.7+ GPA from target school, you'll have multiple offers, and will probably be able to decide where you want to go, as opposed to letting your offer(s) decide for you.</p>
<p>But, to sum up, I don't mean to burst your bubble, but, its really tough getting into these programs. Don't take anything personal. I think they're just looking for diversity.</p>