Investment Banking Summer Analyst

Status
Intern at
Group/Division/Type
Investment Banking
City
New York
Interviewed
February 2012
Overall experience
Positive
Difficulty
Easy

General Interview Information

Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month

Interview Details

What did the interview consist of?
1 on 1 Interview
Group Interview
Please describe the interview / hiring process.
I applied directly through OCR my junior spring, and received a first round interview. It was largely basic technicals (after the "walk me through your resume" question) and it was 2-on-1 (analyst + VP), though from different groups. I received notification of final round interviews the same night. Final round was extremely short (2 2-on-1 interviews that each lasted 20 minutes for a total of 40 minutes). Questions ranged from random "What is Citi's current market cap?" to "How do you include foreign country risk in CAPM?". Received the offer same day around 5pm.

I was later placed in the Industrials group. Not sure if this is true for other groups but I was worked extremely hard as a summer analyst. Got decent deal exposure but I know other summer analysts had complaints about the staffing process.
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$50bn+
Est Annual Revenue

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