Citi Sales & Trading interview

<p>Hi everyone,</p>

<p>I am invited to an interview with Citi next week. This is my first major face-to-face interview with a major investment bank (other than a phone interview with Goldman Sachs Asia.) Can yall share some experience with me?</p>

<p>Thanks a lot!!</p>

<p>Hey there,</p>

<p>Sorry, I have no useful advice for you...but congrats on the interview! Good luck on it.</p>

<p>However, do you know if you'd get a reply from them regardless as to whether or not you scored an interview? I also applied to Citi, but got no word...and I'm just wondering if I should remain optimistic.</p>

<p>Thank you for your response! I think they only contact you if they want an interview - because there are so many applicants wanting the same internships, and responding to every single applicant will take too long... Although, I don't see the harm in an automated email tho! Good luck on your job hunt!</p>

<p>thanks a lot for the info! :)</p>

<p>Just wanted to report to those who might be interested - the interview went well. The lady was very nice, she was obviously a little bit worn out from all the interviews she had been doing that day (since 8.30 in the morning), but nevertheless, she seemed nice and down to earth. I'm just waiting to hear back for second round now... I think I have a pretty good chance at getting a 2nd interview!</p>

<p>If anyone wants to talk about interviews, feel free to comment!</p>

<p>what type of questions did she ask you?</p>

<p>She walked through my resume with me (be prepared to explain exactly what you did at your previous internships), how I felt working for a large company with so many people, what I have learned from my past internship, what I know about Sales and Trading, and then she gave me one probability question, and one guestimation problem. They weren't too difficult, and remember that it's perfectly okay to take your time on these questions. Then she asked me about what I do daily, about my involvement with the student organizations I listed on my resume (again, be prepared to explain in detail about what you do with your organizations). The she asked me what I see myself doing in the future, for example, get an MBA, etc. </p>

<p>The interview was largely behavioral. If I have one suggestion, it will have to be that you prepare several questions to ask the interviewer near the end of your session. That is the chance that you get to hear what she/he has to say, and it somehow switches your positions (you become the interviewer), and they can see that you are curious and inquisitive, and that you can take charge.</p>

<p>I've always been curious. What did you end up asking her ?</p>

<p>Things like:</p>

<ul>
<li>What do the interns find to be the most challenging aspect of working?</li>
<li>What significant changes do you foresee in the future years?</li>
<li>Why have you decided to work for company XX?</li>
<li>What kinds of traning programs are there?</li>
</ul>

<p>etc, etc.</p>

<p>What were the stat problem and the guestimation problem</p>

<p>i actually just did my first round for Fixed Income @ Bear Stearns, and toblerone is really right about everything. My "statistical" question was 'how would you figure out how many ping pong balls can fit in a school bus' -- i got most of it right; by some divine miracle the answer hit me out of nowhere.</p>

<p>and PREPARE QUESTIONS</p>

<p>how are u suppose to figure out that problem? (that they wanted) cuz there are so many different ways and factors that come in</p>

<p>what if u get the math problems wrong lol -1 ;p</p>

<p>Hey, I actually just had a ML interview today and got that same ping pong question. First off, they dont care so much about getting the right answer as they care about how you approach it. You have to make assumptions and stick with them. Start by assuimng the measurements of the bus, lets say 50 feet long, 10 ft high, 8 ft wide. Calc that, put it in inches and then assume each ping pong ball takes up about 1 cubic inch of room. Thats the appraoch i think my interviewer was looking for</p>

<p>Yeah, they don't care about the results - they only care about your thoughts process. So even if you get it wrong, as long as you have a good set up, solid assumptions (make the assumptions simple for the sake of easy calculation on your part, because you won't be able to use a calculator or pen/paper), and you should be fine!</p>

<p>Hey there,</p>

<p>I will also have a S&T interview at Citi on Friday. </p>

<p>@toblerone; would you be willing to name further details in terms of the probability and the guestimation question?</p>

<p>p.s.: I applied for the London based programme.</p>

<p>hrmm... i might apply for citi now..</p>

<p>do you have to pay for airfare for round two?</p>

<p>Hey Guys, I have interview with citi for sales and trading. plz help me with what kind of questions I should be expecting with some hints. this is my first interview and i am a bit nervous.</p>

<p>I got zero math questions...they just ran through the resume, asked market-related questions, and grilled me on behavioral stuff.</p>

<p>I am very interested in a trading career. Does age matter a lot? I am 24 years old and just entering college. I worked for my family business for a few years and did sales afterward. Now that I have a much clearer idea of what interests me (I am somewhat a late bloomer), will it be a major disadvantage if I apply for a trading job around the age of 27 when I am done with college?</p>

<p>Any help and advice is appreciated.</p>

<p>Arplayer2k, I’m not sure if your age will be a major problem. Although I’d imagine they want younger people to “abuse” for a few years before they leave for other careers, get a MBA or get promoted. I think it might be a bit challenging for both you and the people above you, as your supervisor may be the same age/younger than you at the trading desk.</p>

<p>I think this may be especially true if you were to apply to bulge-bracket firms like Goldman and Morgan… but if you try regional firms or boutiques, they may not have such rigid hiring structures. But hey, take what I say with a lot of salt, I’m only 21.</p>

<p>You should also have a good story about what you did after high school, because surely interviewers will ask about that.</p>

<p>Tob</p>