Operations analyst at Nomura VS Commercial banking at Citi
Received an offer for operations analyst 2 year program from Nomura and Commercial banking 2.5 year rotation program at Citi. Which one do you guys think is better in terms of exit opportunities, for b-school experience and in terms of overall learning scope?
Depends on what you want? Obviously commercial at Citi generally speaking. Better brand name plus at it could be a front office role.
In fact, there's no question you should take commercial at Citi unless you are an odd one.
Do you have an idea of how much commercial banking pays and perks?
Pay- Typical 1st-yr analyst out of u-grad is $55-65k base, $5-10k signing, $5-$10k bonus. I would probably say in your 2.5 yrs, you could expect to take home an average of $70k/yr all in.
Perks- Hours are pretty good. Typical week is 55-60 hrs with little weekend work. Another perk- while the deals you work on are simpler, you will do a lot more deals than IB. Great exposure to many different industries/companies. Analyst roles will eventually feed into RM roles, which is where CB gets attractive. Can make $200k+ working 40hr weeks in 7-8 years if you can sell.
which school are you going?
Architecto voluptatem vitae reprehenderit impedit. Eos blanditiis minima temporibus. Enim totam velit quis vitae. Rerum non architecto sit numquam vitae et itaque amet.
Cum porro blanditiis non nihil nesciunt. Quaerat mollitia ea veritatis.
Debitis vero cumque eos excepturi eius magnam saepe vel. Qui quia molestias doloribus autem quia.
Ut suscipit delectus et error nisi et vero fugiat. Rerum explicabo quia neque sint ut magnam. Ducimus non autem inventore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...