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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$2,115/week
10 weeks
~70-75%
Overview
Citi's 10-week Investment Banking Summer Analyst program pairs $2,115 per week pay with international deal exposure that few domestically focused programs can match.
Key facts
- Citi summer analysts earn $2,115 per week, roughly $110,000 annualized.
- The program runs 10 weeks from June to August and includes a $4,000 housing stipend.
- Citi converts roughly 70-75% of summer analysts to full-time offers, with return decisions delivered in the final week of the program.
- Domestic relocation assistance is available, though housing itself is not provided.
- The program opens with a training period covering financial modeling, valuation, and Citi's global operating model.
Compensation
Citi pays summer analysts $2,115 per week, which annualizes to about $110,000. Interns also receive a $4,000 housing stipend, and domestic relocation assistance is available, though the firm does not provide housing directly.
Conversion and Return Offers
Citi converts roughly 70-75% of its summer analysts to full-time offers. A formal mid-summer review provides honest feedback, and return decisions land in the final week of the program. The evaluation weighs technical competence alongside cultural alignment, with particular emphasis on global mindset and adaptability.
The Experience
The 10-week program opens with training in financial modeling, valuation, and Citi's global operating model. What sets it apart is international exposure: interns regularly work on cross-border transactions and may interact with teams in London, Hong Kong, or other global offices during their New York-based summer. Citi's institutional client base means interns can work on deals involving sovereign entities, supranational organizations, and the world's largest multinationals. The restructuring and credit market groups offer particularly interesting placements for candidates drawn to complex, distressed situations, and networking extends beyond banking into markets, treasury, and transaction banking.
Recruiting and Timing
Citi follows the standard bulge bracket timeline. Applications open in late summer, and interviews stretch through early spring. The firm hosts a large intern class across its global offices, so candidates with international backgrounds or a genuine interest in global markets find 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
Applications Open
July-September (year before)
HireVue Deadline
September
First Round Interviews
September-November
Superdays
October-February
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.
More Citi Resources
Sources
- Citi - Students and Graduates Careers. Citi (accessed 2026-05-14)
- Internship & Co-op Survey. National Association of Colleges and Employers (NACE) (accessed 2026-05-14)