I applied through college or university. The process took 3 months. I interviewed at Citi in Jan 2022
Interview
Applied through University portal. One round with two directors from IB Division in London.
Mainly motivational questions (why Citi, why IB, tell me about a time you faced an ethical dilemma, ...) and a few technicals.
Interview questions [1]
Question 1
Why do companies trade at differente P/E?
What happens to gross profit, EBITDA, and EBIT if D&A increase by 10?
What deal can potentially happen in the market in the next few months?
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