Competency & fit interview
Format. 1-on-1 live discussion.
Duration. 30-45 minutes
Panel. A Vice President or Senior Associate from the target division.
Assessed on. Behavioural resilience, alignment with leadership principles, communication clarity and grasp of the analyst role.
Typical scenarios. Team conflict, competing deadlines, adapting to project revisions, and ethical choices when guidelines are ambiguous.
Common failure modes. Generic rehearsed answers, unclear personal role, or no awareness of Citi's compliance focus.
Tactical advice. Use a strict STAR structure with about 60% of your time on your specific actions and how you verified data.
Individual case study & presentation
Format. Individual analysis, then an executive presentation and live Q&A.
Duration. 60-90 minutes prep, 10-minute presentation, 20-30 minutes Q&A
Panel. Two assessors, typically a Director and a VP.
Assessed on. Data synthesis, business acumen, financial analysis and defending a thesis under questioning.
Typical scenarios. Choosing between acquisition targets, designing a market-entry strategy, or structuring a refinancing package.
Common failure modes. Over-reading and weak slides, superficial analysis ignoring risk, or crumbling when assumptions are challenged.
Tactical advice. Budget the time (read 30, calculate and structure 40, draft slides 20) and add a dedicated risk and compliance section.
Financial modelling / written exercise (IBD)
Format. Individual computational or written test on a secure terminal.
Duration. 45-60 minutes
Panel. Invigilated by a coordinator; outputs graded later by a technical VP panel.
Assessed on. Quantitative accuracy, Excel efficiency and interpreting financial data under deadline.
Typical scenarios. Repairing a broken three-statement model, forecasting line items, deriving free cash flow or a valuation multiple.
Common failure modes. Hardcoding outputs, getting stuck on one broken formula, or unformatted charts.
Tactical advice. Keep the model dynamic from assumptions to outputs; if a formula costs more than three minutes, note your method, bridge with an assumption and move on.
Collaborative group exercise
Format. Team interaction with 4-6 candidates around a table.
Duration. 60-75 minutes
Panel. 3-4 silent observers (VPs, Directors, MDs) tracking individual performance.
Assessed on. Collaboration, negotiation, active listening and leadership without dominating.
Typical scenarios. Allocating a fixed budget across competing divisions, each candidate handed a conflicting private brief, with a mid-exercise macro or regulatory twist.
Common failure modes. Dominating and interrupting, staying silent, or getting bogged in detail and missing the deadline.
Tactical advice. Act as a synthesiser and facilitator: set a timeline early, build on peers' points, pull quieter members in and lead the pivot calmly when the twist lands.
Partner / Managing Director interview
Format. 1-on-1 senior executive discussion.
Duration. 30 minutes
Panel. A Managing Director or senior partner.
Assessed on. Vision, industry passion, long-term commitment, cultural fit and high-level commercial perspective.
Typical scenarios. Global macro trends, Citi's five-year positioning, handling setbacks and your personal drivers.
Common failure modes. Reciting entry-level definitions, failing to hold a natural industry conversation, or weak closing questions.
Tactical advice. Treat it as a business conversation between future colleagues; discuss structural trends and ask senior-level questions on risk and team management.