I really enjoyed the fast-paced environment and working with large companies that everyone knows about during my time at Citi. The specific companies you cover will largely be determined by which group you are in, but at such a large financial institution you are bound to come across a few names you know and you'll be at the forefront of analyzing their strategies. Overall, I gained a much more detailed understanding of the economic factors that affect companies, and I thought that was really neat. As far as things I didn't like, I found some of the tasks repetitive and frustratingly specific. I spent a lot of time completing one-off research dives, which basically means trying to find info other people were not able to find in the immediate or obvious places they should have been. In general, they give interns lots of tasks like this, and they tend to be time consuming and frustrating.
I was fortunate to intern with Citi in the summer of 2015. During my time as an intern, I had the opportunity to participate in an account entitlement project. One of Citi's institutional clients, Hewlett-Packard, was in the process of dividing into two separate companies. As you can imagine, this large client has many different bank accounts with Citi. It was a huge effort for the bank to ensure the accounts would be entitled to the appropriate new Hewlett-Packard entity. I was tasked with tracking the entitlement changes and proactively reaching out to teams in India to inquire about the status of the entitlements. I was pleased to participate in this project because it showed that Citi treated me as a professional rather than just a summer intern. Since Citi is a large corporation, I felt like ten weeks wasn't nearly enough time to network and learn about different functional areas. I would suggest that any future Citi interns take advantage of the summer and think about what area they'd like to work in after graduation. You should seek out mentors in various departments and cultivate a professional relationship with them. Do not be afraid to reach out to them and schedule a time to meet. Many people are happy to share what projects they're working on and enjoy seeing fresh faces in the company.