Citi's Sales & Trading VS. DB's Risk Management
I have recently been offered a sales & trading internship this summer at Citi, as well as a risk management internship at DB, both in NYC. The situation right now is that I have verbally committed to Citi, but I am very split 50/50 on the firms. I know that if both firms were in the same financial shape, I would take Citi in a heartbeat, but with the imminent threat of nationalization, everything about Citi is up in the air. I know for a fact that the return offer for FT will be much higher, and I like the people at DB just a little bit more than at Citi (although I still like people at Citi). The risk management internship has many subgroups in which the MD in those subgroups pick you for their subgroup for the summer. These subgroups include, compliance, money laundering, market risk, credit risk, and hedge fund credit risk... keep in mind though that I do not get to choose, the MD's do. I think the hedge fund credit risk would be worth it, since you get to look at hedge funds' books and portfolios and strategies etc... but I'm not guaranteed to be in it. On the other hand, Citi is known for having great internship programs, I feel like I will come out of the internship at the end of the summer with more experience than if I went to DB, although the return offer for FT i probably not as likely as at DB.





It depends on your
I think....
It depends on your risk/reward tolerance. Since you're in the trader's train section, why don't you go with citi s&t and see what you learn. You're still young (undergrad right?) if you screw up your career path there's always the MBA.
(If you're an {MBA/gradstudent/much older} I would go with DB though!)
my opinion, citi for sure,
my opinion,
citi for sure, you are vetted - best case, you stay and do interesting work
worst case, no one will blame you for what happened but you will still have been front office... will be much better looking on a resume over risk mgmt.
completely agree. 1. citi -
completely agree.
1. citi - front office - value added activities
2. db - middle office - risk in getting placed into shitty group/less value added
exit opps are better at citi no matter how you look at it. worst case scenario, citi fails no ft offer. or you don't get the ft offer regardless. you have the experience on your resume, and are now marketable for a similar career elsewhere. you take citi s&t now and want to go into db risk management, higher change that you'll get an interview and maybe even offer.
Take Citi. DB is elitest. I
Take Citi. DB is elitest. I would say you have a better shot to get into DB S&T campus recruitment, with a summer at Citi trading, than a summer in risk at DB.
is this a serious question?
is this a serious question?
well, I am leaning towards
well, I am leaning towards Citi after consulting a few friends working full time... I think the internship is about learning, so I should pick a place where I can learn the most... and obviously Citi S&T can provide much more than DB's Risk Mgmt
FO - do the screaming Risk
FO - do the screaming
Risk mgmt - cop the screaming
i dont know why we keep
i dont know why we keep seeing these threads pop up. never take a BO offer over a FO offer.
citi S&T, dont think twice.
Ballin'
take the Citi offer...make some bank and be mad baller.