FX trading FT vs IB 6m internship then 1st yr analyst

Got a verbal offer from Evercore MD (referred by friend to regional CEO) for 6m internship starting in September 2015 then convert to 1st year analyst in March 2016.

Waiting for offer from Citi for FX trading - all interviews done. Referred by head of FX and the head of trading for the region had very positive comments. Told the head of FX about Evercore and he said Citi will surely have an answer for me in the next 1-1.5 month.

So confused right now?

 
Best Response
minime:

Got a verbal offer from Evercore MD (referred by friend to regional CEO) for 6m internship starting in September 2015 then convert to 1st year analyst in March 2016.

Waiting for offer from Citi for FX trading - all interviews done. Referred by head of FX and the head of trading for the region had very positive comments. Told the head of FX about Evercore and he said Citi will surely have an answer for me in the next 1-1.5 month.

So confused right now?

You'll hear in a 1 to 1.5 months? Why does it take so long?

There really isn't anything to advise you on except for you to figure out what you want to do - banking or S&T.

 
Rumplesmoothspin:
minime:

Got a verbal offer from Evercore MD (referred by friend to regional CEO) for 6m internship starting in September 2015 then convert to 1st year analyst in March 2016.

Waiting for offer from Citi for FX trading - all interviews done. Referred by head of FX and the head of trading for the region had very positive comments. Told the head of FX about Evercore and he said Citi will surely have an answer for me in the next 1-1.5 month.

So confused right now?

You'll hear in a 1 to 1.5 months? Why does it take so long?

There really isn't anything to advise you on except for you to figure out what you want to do - banking or S&T.

Since I was referred by the head of FX, I finished all my interview rounds before the job posting even went up. It's mandatory for Citi to have the job posting up for X number of days before hiring.

 

These are two very different carter paths. Once you determine if you want a career in IB or S&T the choice will be made. Make sure you understand the difference in work and lifestyle between the two

 

Cupiditate voluptatem occaecati sed magnam ad ea. Mollitia iusto doloremque aut veritatis nostrum vero rerum. Iure repudiandae et eos unde. Ducimus in incidunt rerum atque repudiandae qui dolores inventore. Eveniet tempora amet voluptate aut ipsam.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”