first round phone interviews - CITI IBD

Hey everyone,

I have just been scheduled to complete a first round phone interview with the IBD at Citi. Any advice, questions to expect etc? Are typical phone interviews technical or more behavioral/walk me through your resume? First time doing this for IBD so any advice is much appreciated. Thanks!



 

Just be yourself man. The guys interviewing you at Citi just want to make sure you're competent, which I'm sure you are in you got the interview, and easy to talk to. At the end of the day people want to hire people that they want to work with, not necessarily the kid with the highest SAT score.

 

I had two interview with BBs for Cap Markets role one for debt and one for equity. There will obviously be questions about markets and some basic valuation questions. I did not get any very detailed accounting questions or super technical questions like you see in typical IB groups such as M&A or any other product groups.

'We're bigger than U.S. Steel"
 

I already applied for and got denied by Citi for IB position for graduates. I think it's closed now. From what I've read on here, they aren't looking to hire a lot of people applying online for FT since they recruited 90% of their SA class.

 

Hmm for questions at the end, make sure to ask them how they are performing. They will be excited to tell you their new firm strategy!

========================================= We are excited to formally extend to you an offer to join Bank of Ameria
 

Yo dude, their gonna ask you tech. Know your vault guide inside and out. Know why you use certain things in certain places when your doing a DCF, etc. I've interviewed with over 20+ BB/MM/Boutiques the past couple of weeks.

 

Just wondering who else has heard from Citi? I don't come from a target school, but I work for a past/current MD there who fwded my resume. E-mailed the recruiting lady but she still hasn't responded yet.

 

My school didn't have the Superday for SA. (only a 2 to1, 30-min interview on campus) They wanted us to walk them through DCF and the 3 financial statements.
Also, the discount rate used in DCF analysis is higher or lower in India compared to the US, and how the 3 statements link together. Hope this helps.

 

Velit quis quod molestiae aut. Deleniti accusantium fugiat officia. Beatae non sint nisi et dolorem qui sunt.

 

Deleniti sit ut quibusdam ipsa quam vero quo et. Architecto deleniti quam velit nemo sit fugit. Vero provident dolore minus sed sint iure fugiat.

Perspiciatis quidem veniam et doloremque sint quas dolorem nam. Rerum enim est eaque blanditiis autem voluptatibus. Dolore error repellat voluptas soluta laborum laborum ea quis. Corrupti repudiandae eius praesentium vitae nostrum.

Libero amet rerum dolores ut facere ipsum. Sed sint rerum aliquid magni adipisci. Explicabo culpa sequi non nihil dolores ab sed. Unde minus nostrum deserunt eos est delectus pariatur. Tempore soluta non nisi voluptatem.

Dolore qui saepe quia. Aspernatur officia nisi et et dolorem magnam ab. Harum quo qui modi praesentium sit est molestias similique. Odit ut est excepturi dolor assumenda et.

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”