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Investment Banking Summer Analyst

Citi Summer Analyst Internship

Everything you need to know about the Citi summer analyst program, including compensation, conversion rates, recruiting timeline, and application tips.

Last updated April 2026 · By the Superday AI editorial team

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Weekly Pay

$2,115/week

Duration

10 weeks

Conversion Rate

~70-75%

Overview

Citi's Summer Analyst Program runs 10 weeks from June through August, hosting a large intern class across its global offices. Interns earn approximately $2,115 per week ($110K annualized) with housing stipends for those relocating. The program opens with a training period covering financial modeling, valuation, and Citi's global operating model. What makes Citi's internship distinctive is the international exposure: interns regularly work on cross-border transactions and may interact with teams in London, Hong Kong, or other global offices even during their New York-based summer. The firm's institutional client base means interns may work on deals involving sovereign entities, supranational organizations, and the world's largest multinationals, deal types that are less common at domestically focused competitors. Citi's conversion rate is approximately 70-80%, with a formal mid-summer review process that provides honest feedback. The evaluation considers both technical competence and cultural alignment, with particular emphasis on global mindset and adaptability. Recruiting follows the standard bulge bracket timeline, with applications opening in late summer and interviews stretching through early spring. Citi's restructuring and credit market groups offer particularly interesting internship experiences for candidates drawn to complex, distressed situations. The networking opportunities extend beyond investment banking, with access to professionals in markets, treasury, and transaction banking. For candidates with international backgrounds or a genuine interest in global markets, Citi's internship provides an experience that is genuinely differentiated from more domestically focused programs.

Internship Compensation

Weekly Pay

$2,115

Annualized Salary

$110,000

Housing Stipend

$4,000

Relocation

Available for domestic relocation

Meals: Meal allowance after 7pm

Transport: Transportation stipend

Recruiting Timeline

1

Applications Open

July-September (year before)

2

HireVue Deadline

September

3

First Round Interviews

September-November

4

Superdays

October-February

5

Offers Extended

November-March

Application Tips

  • Emphasize interest in Citi's global platform and cross-border capabilities
  • Prepare for questions on emerging markets and international finance
  • Demonstrate technical proficiency in modeling and valuation
  • Show cultural awareness and interest in working with diverse teams

What to Expect

Citi's summer analyst program leverages the firm's global footprint to provide diverse experiences. Interns undergo intensive training in the first week covering modeling, valuation, and presentations. Deal staffing varies by group, but interns typically work on 2-3 live transactions, with opportunities to participate in cross-border deals that showcase Citi's international capabilities. The culture is collaborative, with emphasis on teamwork and knowledge sharing. Mid-summer reviews provide feedback, and return offers are based on performance, technical skills, and fit with the firm's values. Social events and networking with senior bankers occur regularly, helping interns understand career trajectories within the organization.

Intern Perks

  • Global speaker series
  • Diversity and cultural events
  • Access to Citi research and trading platforms

Frequently Asked Questions

How much do Citi summer analysts make?

Citi summer analysts earn $2,115 per week, which annualizes to approximately $110,000. The program typically runs for 10 weeks.

What is the Citi intern conversion rate?

The conversion rate for Citi summer analysts to full-time offers is approximately ~70-75%. Final week of program.

When should I apply to Citi?

Applications for the Citi Investment Banking Summer Analyst typically open July-September (year before). First round interviews are held September-November, with Superdays October-February.

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