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Based on the most helpful WSO content, here's what you need to consider:

  1. Return Offers: Citi made a significant move in 2020 by offering full-time positions to all their summer analysts across various global locations (New York, London, Tokyo, Singapore, and Hong Kong) despite the shortened internship duration. This demonstrates a strong commitment to their interns and could indicate a higher likelihood of securing a return offer. Jefferies, while highly regarded, does not have a similar standout policy mentioned in the dataset.

  2. Work Environment: Both Citi and Jefferies are reputable firms, but their cultures and work environments can differ. Citi, being a larger bulge bracket bank, might offer more structured training and resources. Jefferies, as a leading middle-market firm, is often praised for its leaner deal teams, which could provide more hands-on experience and exposure.

  3. Professional Growth Opportunities: Citi and Jefferies both rank highly in professional growth opportunities, with Jefferies scoring 98.7% and Citi being part of the bulge bracket ecosystem, which inherently offers strong growth potential.

  4. Compensation: While specific S&T compensation isn't detailed in the dataset, Jefferies and Citi are competitive in terms of pay. For investment banking roles, Jefferies' total average compensation for analysts is slightly higher than Citi's, but this may vary for S&T.

  5. Decision Factors:

    • If you're prioritizing a higher likelihood of a return offer, Citi's track record in 2020 is a strong point.
    • If you're looking for a more hands-on experience and potentially faster growth in a smaller team setting, Jefferies might be the better choice.

Ultimately, your decision should align with your career goals, preferred work environment, and the specific opportunities each firm offers in S&T. If possible, reach out to current or former interns at both firms to get firsthand insights.

Sources: All Citi Summer Analysts 2020 receive full time offer, Summer Offer Decision - UBS vs Rothschild (Both NYC), All Citi Summer Analysts 2020 receive full time offer, Houston 2018 Investment Banking Summer Analyst Recruiting, 2020 Full-time IB Analyst Recruiting

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Career Advancement Opportunities

May 2026 Investment Banking

  • Evercore 01 99.4%
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Overall Employee Satisfaction

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  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
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Professional Growth Opportunities

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  • Moelis & Company No 99.4%
  • Evercore No 98.8%
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