exploding offer from THAT place... do i take?

After a good amount of rejections from some EBs and BBs, I've just been grinding and interviewing with a few MMs. I recently got an offer from the place everyone be shitting on for sa 2023 and was absolutely elated but been reading a lot of the recent posts regarding the place. I totally get it and I've also heard some shit stuff about culture separately, but the people in the group i'll be in have been extremely nice and supportive. 

Honestly wouldn't take any of the MM banks over this opportunity, but was wondering if it would be worth trying to expedite process for other places e.g. Barclays, Cowen, CS? (btw haven't gotten first round for those places but feel like i have a decent shot cuz of p good networking ) Would it even be worth it to try or should I just accept the offer

16 Comments
 

I'm not saying not to try for other places (or that you should), but don't let others shit on your parade. You got an offer from a good, respectable bank, which is a huge accomplishment and -- if you don't like it -- could be a stepping stone to bigger and (maybe) better things. Plus, you like the people there. Enjoy your accomplishment, and don't let others ruin it for you (especially because some/arguably most of the comments on this site are ill-informed. Plus, who cares if other people don't like that place?)

 
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Lol its a solid mid-tier BB bank. Don’t second guess yourself just because this website decided to make it a new meme alongside DB and Nomura.

If you can expedite processes then go for it, otherwise take the offer. Your signing a 10-week agreement, not the next 30 years of your life away.

Obligatory - no, I don’t work at Citi. Just trying to give decent advice.

 

Stop taking what people say on this site seriously. This site has a weird obsession with prestige and ranks that ultimately mean nothing.

Getting an offer at any of the well-established banks is an accomplishment. If it’s your only offer, take it and you can always try to lateral after getting a return offer

 

You are completely, 100% fine. Take the offer, don’t regret it. You are going to learn the exact same things as every other summer analyst and it will open lots of doors for you. Congrats!

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 

I've heard it's pretty hard to accelerate if you aren't in the process at other banks

ie. unless you already did first rounds/equivalent with barclays, cowen, cs then it's logistically difficult to line up first round and superday within that time frame (Disclosure: personally have not accelerated before, so that's just based on what I've heard)

Would strongly advise against declining the Citi offer and trying to recruit somewhere better. Looks like you're international, but in the US Citi is the first BB to recruit, and I've seen people reject a Citi offer because they think they can do better but wind up with nothing 

Moral of the story: Having a Citi offer doesn't mean you can comfortably get Barclays, CS, BofA, etc. I can say definitively there's a ton of variability in this process, and I've also seen people get rejected from Citi and land a top group at GS, so it's probably best to take whatever you can get

I'm not at Citi, but despite what people say on this forum, at the end of the day it's still a strong bank--any bank that's able to compete at a global level is incredibly good, considering how competitive the banking industry is

 

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