Citi Superday Sales and Trading Advice

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So I went through an accelerated process with Citi and will automatically go to a superday with them next month.

Any tips for this? Never had a superday before so don't really know what the whole process is going to be like.

Is mental math a really big factor? I am not the best at this, quite frankly.

I am more interested in sales and on the equity side, but still open to all - I am a rising junior.

Guide to Citigroup S&T Interview

After receiving an invite to interview with Citi, you have some preparation to do. The Citi interview is broken down into technical, markets, behavioral, and case study components. You should be prepared to answer all the usual behavioral questions.

You can work on these types of questions through our Free Finance Interview Guide.

You can prepare for the markets component of the interview by reading the news and reading about movement in the markets each day.

You should put together:

  • An outlook on the S&P 500 (a proxy for the US markets)
  • An outlook on major country economies / markets (China, Eurozone, EMEA)
  • Have several pitches ready to go - preferably a short pitch and a long pitch.

These pitches do not need to be for equities. If you can put together a non-equities trade that is strong, that is particularly impressive.

From a technical perspective, Citi is known to ask questions about bond concepts such as duration and convexity. You can also review more below.

Citi Case Study Prep

What makes Citi's super day process different than most BB's is that they do a case study in the interview. User @Rotterdam", a sales and trading associate, shared a detailed explanation of how this case study goes:

Rotterdam - Sales and Trading Associate:
First thing was a case study where you were a consultant for a company that was looking to make an investment and had three different options. There was a packet that laid out the pros and cons of all the investments and gave you some basic facts about them. In my opinion, the packet explained way too much about each investment and basically gave you the "right" answer if you even somewhat know how economics works. If they were wanting to see what people knew and how they thought about problems they should have given a lot less information.

When looking at the investment it is important to compare it to the companies current business model. Does each investment increase or decrease overall company risk? Is it a natural hedge against other things the company does? Mitigating risk is always good. Try to think about both wide spread macroeconomic conditions. For example, if the company in the study is a residential real estate developer should they buy a bunch of mortgage backed securities? Probably not. If they are a steel manufacturer they probably shouldn't invest in the Chinese stock market either considering how closely steel demand and the Chinese stock market move together. You get the idea.

After you read through the case and write down your notes on it they sent me through 6 different interviews. 2 were fit based questions, 2 were technical questions, 1 was general asking me about my background, and 1 was the interviewer asking questions about the case study and playing devil's advocate to anything you say, so be ready to defend your position.

You can read more about interviews with Citigroup on the WSO Company Database.

Read More About Citi on WSO

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Comments (113)

 
Best Response
Jun 30, 2017 - 10:05am

Slow morning at work so I will share my story. I went through a superday with them a couple months ago and received an offer.

First thing was a case study where you were a consultant for a company that was looking to make an investment and had three different options. There was a packet that laid out the pros and cons of all the investments and gave you some basic facts about them. In my opinion, the packet explained way too much about each investment and basically gave you the "right" answer if you even somewhat know how economics works. If they were wanting to see what people knew and how they thought about problems they should have given a lot less information.

When looking at the investment it is important to compare it to the companies current business model. Does each investment increase or decrease overall company risk? Is it a natural hedge against other things the company does? Mitigating risk is always good. Try to think about both wide spread macroeconomic conditions. For example, if the company in the study is a residential real estate developer should they buy a bunch of mortgage backed securities? Probably not. If they are a steel manufacturer they probably shouldn't invest in the Chinese stock market either considering how closely steel demand and the Chinese stock market move together. You get the idea.

After you read through the case and write down your notes on it they sent me through 6 different interviews. 2 were fit based questions, 2 were technical questions, 1 was general asking me about my background, and 1 was the interviewer asking questions about the case study and playing devil's advocate to anything you say, so be ready to defend your position.

I'm not going to go into what technical questions were asked because those are entirely up to the interviewer and one of my interviewers that was supposed to ask technical questions walked in and said "this is supposed to be one of the technical interviews but I'm not doing that" and then proceeded to just ask me about my background, college, etc.

 
Jul 1, 2017 - 12:23am

Nope, no numbers. More just along the lines of the company you are consulting specializes in x. They have some extra cash and want to make an investment and are trying to decide between z, y, and w. Here are the benefits and risks of each investment. Which one should the company take?

I went with the answer that best mitigates risk because if the company is going to invest in something that is highly correlated to what they already do then what is the point of making the investment? Wouldn't the money just be better spent investing further in what the company already specializes in? That was my thought process anyways.

 
Nov 16, 2017 - 8:19pm

Help Please! Citi S&T Summer Analyst Superday (Originally Posted: 12/08/2013)

So here is the situation. I am totally new to this field. I hope big monkey can give me some advice.

I got invited for the superday with Citi for a s&t summer internship in NY on Jan. 16. However, I won't return to the states until 19. I already booked the flights but don't want to miss this opportunity. I wanted to email the recruiting manager to arrange another day to do the interviews but I am afraid that this might hurt my chance of getting in, since they might get enough people before interview me.

The worst case is that I have to give up going home to see my parents which I really don't want to. What should I do?

 
Nov 16, 2017 - 8:24pm

Yeah, I haven't committed to it yet. I booked the tickets two months ago and just got an email on Friday telling me that the superday is 16th so I haven't got a chance to reply yet. Should I email the hr then? I am worried that HR might change my date but since many candidates get offers right after the superday there might not be space for me if I do it late. That's my speculation, please correct me if I am wrong.

 
Nov 16, 2017 - 8:25pm

Tell them you have a flight booked, Citi runs multiple superdays through Feb (I know different guys that interviewed 3 weeks in a row during Jan), chances are there will be one the next week that you can get into.

Although...how much is it to switch the flight?

 
Nov 16, 2017 - 8:28pm

ivy23333, hey, look at the bright side, at least you didn't get a ton of monkey shit thrown at you...here is my best guess on threads that might be helpful:

  • JPM HK S&T final round NYC Hi guys, Anyone got invited to the final round next week in NYC for HK S&T? Anyone wants to ... discuss here? JPM HK S&T ...
  • JPM Final Round HK S&T 2012 Has anyone heard back from JPM after 2 rounds of phone interviews regarding final round for HK ... S&T 2012? How many interviews did u have before being invited to final? JP Morgan ...
  • HK Citi Summer Associate S&T Final Rounds? Hello, anyone know when Citi Hong Kong's summer associate (MBA) final rounds are for sales ...
  • Citi HK S&T Final Rounds? Hello, anyone know when Citi Hong Kong's summer associate (MBA) final rounds are for sales ...
  • Seeking advises! BAML S&T SA NY vs Nomura S&T SA NY vs Prop trading intern NY vs DB S&T FT HK S&T, Citi 2 year quant trading program (I also received offer from Citi last year but turned it down), ... sth different and the firm goes under) 3. How is S&T in HK? I learned liquidity isn't as good ... how good? what are the S&T exits in HK /Asia if I am interested in moving to HFs later on. Thank ...
  • S&T in Hong Kong vs. New York lifestyle, exit ops, etc. I have a final round with a BB for a fixed income SA position. I know that ... worked in both cities) can talk about what the differences are in terms of the work, the culture, the ... China's fixed income markets are quite underdeveloped...how would this affect me? Finally, I know most ...
  • UBS IBD HK or GS S&T HK consulting internship but did not get a chance to make it to the final rounds. I am wondering which ...
  • More suggestions...

Or maybe the following users have something to say: ibgybg 16rl fl0ydthebarber7

Fingers crossed that one of those helps you.

 
  • Prospect in 
Jun 25, 2020 - 3:05pm

Just had SD and was 3 interviews, one fully behavioral, one half behavioral / half technical, and one full technical/markets

 
Jul 14, 2020 - 1:41pm
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