Citi: Finance - M&A?

http://www.oncampus.citi.com/business_areas/north…

It is in their corporate functions group (not ICG), but the description sounds very similar to IB M&A.

Does anyone have any insight on this position?

 
bankergirl:
it's corp dev for citi. a friend of mine works there after 2 years IBD at citi and got destroyed by the hours (circa 2008, Wachovia deal time frame)

Do you think it's a good place to be for someone who wants to get into IB M&A full time?

 
barnone:
bankergirl:
it's corp dev for citi. a friend of mine works there after 2 years IBD at citi and got destroyed by the hours (circa 2008, Wachovia deal time frame)

Do you think it's a good place to be for someone who wants to get into IB M&A full time?

Why not start with IBD if thats what you want. I don't think corporate function has any relations with Citi's clients (which are more valuable IMO) Its the same job as working for Apple's finance department I believe..which is still not bad and you can make it to the CFO :)

Signs of Recession: Banker: “Where’s me Bonus?” Yuppie: “Whadya mean I have to actually work?” Fox Rock Mum: “Lidl’s the place to be seen in now!” Cowen: “It’s not my fault that me and my party are complete f**k-ups - it’s the recession silly!”
 
poormonkeynomoney:
barnone:
bankergirl:
it's corp dev for citi. a friend of mine works there after 2 years IBD at citi and got destroyed by the hours (circa 2008, Wachovia deal time frame)

Do you think it's a good place to be for someone who wants to get into IB M&A full time?

Why not start with IBD if thats what you want. I don't think corporate function has any relations with Citi's clients (which are more valuable IMO) Its the same job as working for Apple's finance department I believe..which is still not bad and you can make it to the CFO :)

Couldn't get one. I am a junior and I have a summer offer to work with Citi Finance - M&A, thats why I was asking.

 
Best Response
barnone:
bankergirl:
it's corp dev for citi. a friend of mine works there after 2 years IBD at citi and got destroyed by the hours (circa 2008, Wachovia deal time frame)

Do you think it's a good place to be for someone who wants to get into IB M&A full time?

for that group specifically, they take IBD analysts with 2 or more years of experience, so IBD is a prerequisite, not post.

 

Dolor ea eos corrupti. Tempora laborum error voluptatem sit modi.

Omnis ipsum iure ipsam atque. Consectetur dolor optio voluptates quo rem. Cumque velit est quis quia repellat culpa.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”