Juan Pablo Blanco

Internship Spotlight – Juan Pablo Blanco, Citi

Eller PDC Coordinator Student Stories

Juan Pablo is a Finance major graduating in May 2018. This summer, Juan Pablo interned at Citigroup as their Investment Banking Analyst in New York, NY. The company was able to assist interns with housing expenses.

How did you land this internship? During the summer of 2016, I worked at an investment bank in NYC which gave me the opportunity to network with bankers throughout the summer. When school started, I was able to leverage my connections to get a first round interview with Citi, followed by a superday (last round). I accepted and signed the contract during the last week of October 2016.

What was a typical day like? I usually got in at 9:30 am, checked emails and met up with my deal teams to review what had to get done during the day. I would work on Excel, PowerPoint, Bloomberg and FactSet to put together spreadsheets and presentations for clients. An average week was about 90 hours, with the most intense being ~105 hours/week.

What was your favorite part of the experience? My favorite part was learning about different industries. I got to learn about consumer products, telecom, power, oil & gas, and ports & logistics. Also, I was able to become more and more efficient every day, which helped me execute more tasks and be staffed in more interesting and challenging tasks.

If you worked on a big project, please describe it. One of the biggest projects I worked on was an IPO in Mexico. I was able to take part on the weekly strategy calls, execute benchmarking ratios, help build a research analyst presentation and write/edit memos on the equity offering.

What advice do you have for other students seeking a similar internship? If you wish to pursue investment banking, commitment is key. You should have passion for the industry due to the many hours you will spend preparing for first and final interviews. In a technical sense, you should understand financial accounting, valuation, M&A deal analysis, etc. In a more behavioral sense, you should have a good story of why you’re pursuing IB, as well as a genuine interest for the industry, excellent communications skills, emotional intelligence, good networking skills, etc.