Capital Market Summer Analyst Review

Attend meetings; Work on valuation, market review, client materials; Work and interact with corporate clients; Work with Capital Markets teams to arrive at client solutions; Prepare PowerPoints; Heavy focus on understanding and having an opinion on the ever-changing markets, especially in Debt; A week and a half of training; Lots of opportunities for coffee chats and discussions with seniors and juniors alike; Lots of networking events and mentorship opportunities, formally and informally; Fun, engaging events

Yes, I developed my professional skills and was offered plenty of opportunity to learn to behave professionally in the office and beyond; I interacted with lots of seniors which developed my skills in networking and discussion; I developed my technical skills through LBO modelling and debt-specific valuation techniques; I learned from my mistakes in formatting, technical analysis, and communications; I developed my public speaking and presentation skills through the final intern project which was presented in front of the senior team.

Unfortunately, the debt markets were rather shut this summer so we got very limited exposure to active dealwork and tasks that are typical of the role. Many of us substituted this learning with more passive learning and coffee chats. I wish more opportunities for deal work were provided and that my team had better dealflow. We took on a lot of responsibility and direct exposure to execution, although simulated, through our intern final presentation / project.

Excellent systems of mentorship put in place by Citi, although they felt very artificial and forced at times. I prefered the informal mentorship that developed through informal encounters and coffee chats all throughout the program. People are very open to speaking to you and I appreciated that. Associates had a lot of free time so they could dedicate more time to assisting with our learning, but I have a feeling that is not case under normal market conditions.

At Citi, the most surprising aspect was the weird intra-team and inter-team politics at play, which I experienced intensely even as an intern. Teams tried to poach incoming Analysts from one another, everyone was playing some sort of politics in every single interaction with you. It is not the best environment to develop in as an intern. There was a lot of competition between the interns and not in a motivating way. Citi's culture should be re-evaluated.

A lot of fun, social events, opportunities to network and develop as a young professional. Unfortunately, a rather toxic environment that does not assist that growth early in your career. Limited opportunities for involvement in real deals reduced what I actually got out of the internship, unfortunately. Felt unfairly treated at times given unique rules made for interns (no work from home) and a very intense culture of facetime. Learned as much as possible but would not return for a long-term career.

Yes

Have answers around why Citi, why Investment Banking, why London, why you. Appear motivated, connect this opportunity to previous experiences on your CV, have anecdotes of your skills ready before your interview. Apply to all positions that fit your profile and keep an open mind. Connect with professionals at Citi through informal chats before applying. Know Citi deals to mention in your interview and application. Know your technicals and prepare thoroughly before your interview and application.