18 Comments
 

one thing to consider is that citi's full time is also rotational. so if you get an offer you may still have trouble getting the desk you want/may end up in PB. you'd better look more into this as i am not 100% certain of the details, but something to be aware of.

 
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aspiringtraderone thing to consider is that citi's full time is also rotational. so if you get an offer you may still have trouble getting the desk you want/may end up in PB. you'd better look more into this as i am not 100% certain of the details, but something to be aware of.

I have not heard of this happening. I actually did an internship at Citi last summer and start fulltime in July. My buddy has the two internship offers and to me Citi is a no brainer but has had others tell him UBS S&T is much better.

During the summer that was not what I heard and that UBS was near the bottom of S&T of the BB. Any truth to this?

 
NYguy07
aspiringtraderone thing to consider is that citi's full time is also rotational. so if you get an offer you may still have trouble getting the desk you want/may end up in PB. you'd better look more into this as i am not 100% certain of the details, but something to be aware of.

I have not heard of this happening. I actually did an internship at Citi last summer and start fulltime in July. My buddy has the two internship offers and to me Citi is a no brainer but has had others tell him UBS S&T is much better.

During the summer that was not what I heard and that UBS was near the bottom of S&T of the BB. Any truth to this?

I agree with you. I wouldn't go as far as saying Citi is a nobrainer, but its a better choice overall. Obviously, product groups etc matter a lot. Also, if he's going to be in Stamford, then that is clearly a no brainer.

 

hmm that is interesting...i have a few friends now in the fulltime stuck with the rotational program. as i said i wasn't 100% sure of the facts, so it's possible i'm wrong-glad you guys looked into it, that was my objective.

 
aspiringtraderhmm that is interesting...i have a few friends now in the fulltime stuck with the rotational program. as i said i wasn't 100% sure of the facts, so it's possible i'm wrong-glad you guys looked into it, that was my objective.

Well it still could be the case. I haven't actually completed the analyst program yet.

So what would be the pro's of going to UBS?

 

If anyone can send me the recruiter's email for the S&T full time rotational that would be amazing. Im talking about Citi.

.
 

Yes citi's conversion ratio is very high (but there is also another way to look at this) Citi had one of the highest SA-to FT conversion rates last summer (around 80 to 85% from what i heard (including speaking to a citi trader) and thus there will be a ton of new people starting in July 2012---- not completely sure about UBS but doubt it was that high--- thus with revenues down Citi might have a lower rate than 2011. this is sort of what happened at Barcap (2010 interns had a really high conversion rate) and then the 2011 class had a difficult time in comparison just to keep in mind

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