Menu 
Oct 27, 2016

Top MBA Recruiters: Citigroup

Top MBA Recruiters Citigroup

Many MBAs seek employment from top financial services firms following graduation, and one firm close to the top of any “Dream Job” lists is Citigroup Inc. As reported in our “Best Companies to Intern For In Chicago”, Citigroup has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. According to Forbes, Citigroup employs around 231,000 individuals.

The company provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management. According to Citi, the firm currently operates through two primary business segments: Citicorp, which represents core growth franchises, and Citi Holdings, which contains businesses and assets that are not necessarily core to the firm’s future.

A Little Bit of History

According to Citigroup, the City Bank of New York was chartered in 1812 when a group of merchants took the first steps toward setting up a new bank to help New York compete with rivals in Philadelphia, Boston and Baltimore. Citigroup in its current incarnation was formed from one of the world’s largest mergers when Citicorp and financial conglomerate Travelers Group merged in October 1998. As of recent, it is the third largest bank holding company in the US by asset value.

Despite suffering huge losses during the global financial crisis of 2008 and having to be rescued by a giant US federal stimulus package, as of June 2012—its 200th anniversary—Citigroup had stockpiled a hefty cash reserve. Just years after the crisis, the firm established $420 billion in surplus liquid cash and government securities.

On Citigroup’s 200th birthday, CEO Vikram Pandit offered a statement during Global Community Day—an annual event that serves as an opportunity for employees, alumni, family and friends around the world to gather to demonstrate a shared commitment to its communities.

“For two centuries, Citi colleagues have worked to enable economic progress and support our clients on their journey from ambition to achievement. There is no better way to celebrate our 200th anniversary than by honoring our history, embracing the future and working together to strengthen the communities where we live and work.”

Citigroup and MBAs

According to Bloomberg, Citigroup the biggest MBA employer in financial services, ahead of Bank of America, JPMorgan Chase, Goldman Sachs, Credit Suisse, Barclays (BARC:LN), Morgan Stanley and Deutsche Bank (DBK:GR).

Fortune also notes that Citigroup ranks as one of the 25 “Most Desirable MBA Employers”, with 4.75 percent of all MBA graduates wanting to work for the firm. The ranking states that Citigroup expects to hire about 235 new MBAs each year as associates and management associates, particularly favoring candidates “with a global mindset and strong analytical and communication skills.”

Bloomberg also listed some other business schools that Citigroup commonly hires from, including Cornell University’s Johnson School of Business (6.75 percent, 19 students), Olin School of Business (3.55 percent, 5 students), McDonough School of Business (2.38 percent, 6 students). Recruiters have also highlighted career opportunities in Korea and Japan at events with Northwestern’s Kellogg School, University of California-Berkeley’s Haas School and MIT’s Sloan School.

Getting a Foot in the Door

With major locations in New York, Los Angeles, San Francisco, Houston and Chicago, Citigroup ranks high on the list of MBA internships. According to TopMBA, Citigroup’s MBA interns participate in hands-on work alongside analysts and associates for 10 weeks.

“Citi’s programs give interns the opportunity to have a real impact while doing real work, and many of them return as full-time analysts and associates following graduation,” said Courtney Storz, Citigroup’s head of graduate recruitment and program management for North America.

The competitive internship program gives interns the chance to contribute as a member of the team to which you are assigned and have responsibilities similar to a first year professional. Citigroup utilizes the summer internship program as a primary source for hiring full-time employees.

Internships are available in investment banking, equities, fixed income currencies & commodities, global transaction services, technology and human resources. According to Citigroup, the firm offers a competitive salary for interns, similar to that of a full-time associate already hired in an entry-level position.

Posted in: Advice, Career, Featured Home, MBA Employers, MBA Jobs, News | Comments Off on Top MBA Recruiters: Citigroup

Sep 8, 2016

MBA Startup: Maple Food Delivery Service

Maple MBA Startup

Food and start-ups go together like pizza and pepperoni, peanut butter and jelly, General Tso’s and white rice — new businesses and new ways for consumers to fill their stomachs go hand in hand. In today’s connected, digital, and fast-paced world, start-ups have found new ways to bring food directly to consumers in quick, efficient and affordable ways. Some of the most successful food delivery companies, such as GrubHub, started as small-time apps before becoming synonymous with 2AM pizza and desperate dumpling orders. Continue reading…

Posted in: Featured Home, Featured Region, News, Startup Spotlight | Comments Off on MBA Startup: Maple Food Delivery Service

Sep 1, 2016

Top MBA Recruiters: Procter and Gamble

When it comes to consumer goods, there aren’t too many companies bigger than Procter and Gamble (P&G). Founded by two Brits—William Procter and James Gamble—in 1837, P&G’s products include cleaning agents and personal care products, such as Pampers, Tide, Gillette, Old Spice, Oral-B, Head & Shoulders, Olay, Wella and Pantene. At one point, the company’s products included foods and beverages as well, such as Pringles. The company’s headquarters are in Cincinnati, OH. Continue reading…

Posted in: MBA Employers, News | Comments Off on Top MBA Recruiters: Procter and Gamble

Jul 5, 2016

When Women Rise, Business Thrives

Professor Corinne Post Lehigh University

A recent report in Fortune Magazine stating that women comprise 40% of students in the nation’s top MBA program sounds like good news. But what is the real face of gender diversity, both in business school and beyond?

Lehigh University College of Business and Economics Professor Corinne Post’s research aims to shed light on this question.

Continue reading…

Posted in: Faculty Profile, Featured Region, News, Professor Profiles | Comments Off on When Women Rise, Business Thrives

May 9, 2016

Top MBA Recruiters: General Electric

General Electric logo

In an age of start-up culture and hip, millennial driven neo-corporate American companies like Google and Facebook, General Electric (GE) has become a bit of an afterthought in the minds of some younger business students and MBA candidates. Continue reading…

Posted in: Featured Home, Featured Region, MBA Employers, News | Comments Off on Top MBA Recruiters: General Electric

Jan 13, 2016

Carey MBA Alum Named to Forbes 30 Under 30

Carey business school

Jarrett Bauer, an alumni of the Carey Business School, has been named to the “Forbes 30 Under 30” in the area of healthcare entrepreneurship. Bauer, who was part of Carey’s charter Global MBA class of 2012, is a co-founder of Health Recovery Solutions, a firm that works with hospitals to help patients with high risk of readmission avoid return visits. Continue reading…

Posted in: Featured Region, News | Comments Off on Carey MBA Alum Named to Forbes 30 Under 30


Let us find your Program match!!

Your compare list

Compare
REMOVE ALL
COMPARE
0