Investment Banking Summer Associate applicants have rated the interview process at Citi with 3 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 80% positive. To compare, the company-average is 63.6% positive. This is according to Glassdoor user ratings.
Candidates applying for Investment Banking Summer Associate roles take an average of 19 days to get hired, when considering 5 user submitted interviews for this role. To compare, the hiring process at Citi overall takes an average of 27 days.
Common stages of the interview process at Citi as a Investment Banking Summer Associate according to 5 Glassdoor interviews include:
Group panel interview: 29%
Background check: 14%
Phone interview: 14%
Personality test: 14%
One on one interview: 14%
Skills test: 14%
Here are the most commonly searched roles for interview reports -
I had two rounds of interviews
First round - 1 hour split into a 30 min fit / background questions and 30 min technicals. Interviewed by an Associate, and a VP.
Second round - I had 3, 30 min interviews with MDs
Interview questions [1]
Question 1
The technicals had fairly basic valuation / M&A questions.
Other questions.
"What do you do for fun?"
I applied through an employee referral. The process took 1 week. I interviewed at Citi (Houston, TX) in Jan 2025
Interview
Zoom interview 2 on 1, Got it from pure networking. The interview was very chill, consisted of mainly bahavioral questions, and a few specific oil and gas questions. There were also questions about EV/EQ, DCF, but all on the surface level. More so understand why Houston, and why energy.
Interview questions [1]
Question 1
Walk me through DCF at a higher level and explain how PV is calculated
There was a technical interview with a couple of standard and a couple of difficult to answer WSP questions. There was also a qualitative component where I was asked behavioral questions.
Interview questions [1]
Question 1
Q: You notice during a client meeting that a number is incorrect on a deck. How would you handle the error?
I applied through college or university. I interviewed at Citi (New York, NY)
Interview
Positive experience. Met with many people from the team. Spoke with people from all levels. Included both technical and behavioral questions. Technical questions were directly related to investment banking. Offer received.
Interview questions [1]
Question 1
Describe how depreciation flows through each of the 3 financial statements