Hi Guys, I'm currently a student and received offers from JPMC and Veeva systems for summer internship. Salary details given below. Keeping salary aside, I've already worked at Morgan Stanley for few years and don't like going back to banking sector, but I'm pretty sure that JPMC will give me return offer. On the other side, Veeva systems looks like a decent company and pay is good for full time(although intern pay is peanuts). My long term goal is to get into faang so veeva seems like a decent starting place, and also since I have Morgan Stanley on my profile I feel like adding JPMC might not add that much value compared to a tech company like Veeva. Also my role at JPMC is of a Quant and I don't think they get paid enough for their work life balance. form what I heard 4-5 yeas of experience will get you a base of around 150k in NYC whereas you can get up till 200k in Veeva or other tech companies. Let me know what you guys think, as of now I'm leaning towards Veeva. Offers: Veeva Systems location: Pleasanton, California Intern Pay: $40/hr Full time offer: $120 base + 30 stocks + 20 joining JPMC: location: New Jersey Intern pay: $72/hr + $3500 relocation Full time pay: 135 base + 25 joining #Veeva #JPMC #SummerIntern
Veeva is a good place to start SWE career. EDP program offers internal social connections and their mentoring program is good.
I see, thanks!
If you want a company that will take advantage of you come to Veeva. Although I think jpmc does the same… Personally i would take the higher cash up front at JPMC and pray the market is better next year to get into a tech company. A lot of recruiters don’t even know what Veeva is, so the fact it’s a tech company doesn’t help that much.
But do you think having back to back banks in my resume will impact my chances at big tech? There are a lot of startup’s which people work at and recruiters might not be aware right?
Faang isn’t really trying to hire people out of startups unless they are successful. It’s usually the other way around, building up a big savings at faang, getting bored and taking a crack at interesting work at a startup. If this was the full time role, I might agree with you. But it’s not, you still have another full year to try for new grad roles. And Veeva vs JPM isn’t going to make a difference on your resume.
Lol, nobody knows what Veeva is. Take the biggest cash. Experience is what you make it.
Go with veeva dude. Jpmc sucks big time
I love how every employee of a company is asking me not to come to their company😂
😂😂 facts
If you want to be a VP, you got to be a team player.
Yeah that’s kind of true with every bank I suppose. Just boot lick managers
Hey if you are truly in a quant role, the salary will be way more than 150k in 5 years, probably around 300-400k. Quants get most of their income in bonus
I see, is that the case at JPMC as well? Or the HFTs?
Jpmc too, bank quants aren't looked down upon that much, especially jpmc is a massive bank. Id argue like a no name hedgefund is much worse than jpmc for quant. Hft 5 years xp quant will be on higher but since there is like 100 people in the world with that role it's hard to gauge the pay.
Tough choice. My two buddies are both SDE II at JPMC and get paid ~$110k TC.
Exactly that’s like peanuts and the starting salary at Veeva is 170k(120 base+ 30 stocks + 20 joining) Agree that it’s not as reputed as JOMC but given my ultimate goal of FAANG Veeva seems like the right option