Can you guys hype up Citi for me
Accepted an offer there, but am not feeling as overjoyed as I thought I would after sinking countless hours into recruiting and getting many rejections. Can you guys gas up Citi so I can feel better (no don't bring up Revlon, we all make mistakes sometimes)
Citi? More like Shitti
On a serious note, the culture and pay are absolute bottom, but as analyst you'll get very good deal experience and have the chance to compete for UMM PE.
Don't think too much OP.
Rather work at Tobin
Lol these replies are hilarious. But on a serious note… mate you just landed one of the biggest banks on Wall Street. Everyone on WSO talks as if they are all BX analysts. Truth is that you are in an incredibly privileged position at a highly respected bank and you probably beat hundreds of qualified candidates to get it
Comparison is the thief of joy. You are going to work at a BB bank, you secured a phenomenal job offer. You shouldn’t care about the previous rejections or where others are going - you secured a great offer.
Any BB is a great place to work, just look forward to it and chill until then.
Go Citi, its your birthday, we gonna party like its your birthday. Go Citi!
Hey OP, I was in a similar mood after accepting my offer, low EB (Gugg/Ghl) for RX, but now I am over it and hopefully, I can help.
Let's break down what you could be worried about:
Trust me, the reason for you not being happy is not that you are going to Citi, actually, that should be a reason for you to be happy. Get off this website, go hit the gym, meet people, work on becoming better and I am sure you can have as much success as you want.
Stop being so reasonable. Dunk on them Shitty analysts.
Congratulations, man. Citi is an awesome place to be and understand first hand after countless hours of networking / recruiting how difficult it is to break in.
For background, they are typically viewed as a mid-tier BB on this forum, alongside BofA / Barclays. League tables speak for itself, they consistently rank among the top banks in M&A, specific coverage verticals, etc.
Best of luck with group placement, it's an incredible platform to start off and put your career in the right direction.
I’m glad you’re keeping it positive, but don’t worry about what goes on on this forum. 98% of people here have no idea wtf they are talking about, example: I work IBD at a bank that is discussed here often and the “top groups” people list on this website are so, so, so wrong. The group I’m in is the 2nd highest grossing group over last 2 years and isn’t discussed whereas one of our groups that is below median revenue is masturbated to.
Moral of the story: take everything you read here with a mountain of salt.
there's a non-negligible chance you'll wake up with $40 billion in your account on a payday
I work at Citi and think it's a fantastic place to start your career. Unfortunately, this forum is full of insecure low 20-somethings who benchmark their success and happiness on salary and "prestige". Anyone who has spent any reasonable amount of time working will tell you that real rankings differ across product, group, focus, etc. And perhaps more importantly these rankings don't matter as much as your ability and willingness to stretch your limits and expand your network. In 5 years, those latter qualities are what will dictate the outcome of your career far more than the bank you start out at.
That said, Citi is a very reputable bank and you shouldn't let anyone on WSO tell you otherwise.
Of course, as with any bank, there are downsides to Citi.
All in, you're starting in a career that pays you in the 95th+ percentile of earners in your age group, at a massive institution with international brand recognition, and with plenty of opportunities that could come out of this. Trust me when I say that for every one of your analyst class, there are hundreds if not thousands of people your / our age who would happily trade places.
A person complaining about receiving an offer that puts them on a path to make around 200k straight out of college did not deserve this detailed of a response.