Check Out This Opportunity to Learn More About the World of Finance

Getting a taste of the real world jobs out there that pertain to your area of study can be an eye opening experience. You will work side by side those that do this type of work day in and day out. Such information can further fuel your passion for the career path you are on. It may help y to narrow down the specific area of the field you wish to go into.

With a Citi summer internship, you will have an unforgettable opportunity to get onboard for such learning experiences. These positions are limited though so you need to pay attention to the deadlines for applying. You also need to submit all of the requested materials with your application. Otherwise, you may not get that position you really wanted.

Large Financial Institution

They are one of the largest financial institutions available. They want to do their part to help encourage others to get involved in the world of finance. There is a wide spectrum of types of jobs that fall under the umbrella of their services. The various Citi summer internship areas include finance, technology, human resources, global transaction services, and commodities.

Apply for the ones that you are the most interested in. If you apply for more than one, you can only select one to take part in. However, applying in more than one area does improve your chances of being selected. Your dilemma at that point would be deciding which one to accept if you accepted for more than one. That is a bridge you can cross when you get to it!

Who can Apply?

You are eligible to apply for a Citi summer internship if you a junior or senior in college, you are a graduate student, or you have recently graduated from college. In addition to business skills and experience, they are looking for those who excel in the areas of communication and integrity. A passion for a career path in business is a strong asset they look at when deciding.

You can apply for a position in the USA, Africa, Europe, or the Middle East. They have a very diverse business culture with locations all over the world. Being able to work in your location or being able to get an internship in a location you wish to travel can be very appealing.

Payment

It is also encouraging that you will get paid for your participation in a Citi summer internship. This is good news because many companies offer internships that aren’t paid. They feel the experience they teach you is compensation enough. Being able to work for an excellent company like this and get paid to do so is the icing on the cake!

The amount you will earn depends on where you work and the common entry level salary offered by Citi Bank in that area. The specifics about work hours and payment for the position can be discussed once the offer is extended to you.

Application that Rocks

As you can imagine, there are plenty of people applying for the various opportunities. You need an application that rocks to be considered for one of the Citi summer internship positions. Complete the application neatly and providing as much information as possible. Your supporting documents including your resume and cover letter need to be exceptional.

Focus on sharing your experiences, your education, and your future goals relating to the world of business. You will need to provide letters of recommendation so ask for those early. Get them from professionals you have worked with, long term family friends, past employers, and others who know your work ethic and character. The Citi summer internship can be a dream come true!

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Angel Investors and Alternative Financing

It is extremely important to keep your financing options open. Prior to looking for angel investors, you should look at programs offered by the Small Business Administration. Angel investors are the life blood of small business investment. In limited instances, these private investors will syndicate their investment with other funding sources if the investment is large but not large enough for a venture capital firm. Not every business needs a capital investment. Writing a business plan for your company is a difficult process.

There are many industries that are less risky and therefore more attractive to angel investors. If you business is profitable then a SBA loan may be a better fit for you. Popular industries amount angel investors include auto repair businesses, medical businesses, law firms, and other companies that are always in need. When seeking private investment, you will need a well developed cash flow analysis. In some instances, your certified public accountant can handle issues as it relates to incorporating your business in the state for a business friendly state. If you qualify for a bank loan, then using angel investor may not be in your best interest.

Only extremely large businesses, with values in excess of $50 million, are appropriate candidates for an initial public offering if you are seeking an extensive amount of capital. As an alternative to seeking equity investors you may want to look into specialized white using programs. Your lawyer should have a number of documents prepared for you in regards to raising capital as you are going to need to comply with any and all applicable securities laws.

When writing your business plan, either for an angel investor or any other type of funding source, you should always include a yearly budget as part your financial forecasts. There are many quality sample business plans available online that can assist you with this process as you are seeking financing.

Technology-based businesses are highly prized by angel investors that may qualify you for alternatives to private funding sources. It is imperative that you work with a properly qualified attorney when you are looking for private funding sources. It should be noted that most private funding sources that provide equity usually do not provide loans. Technology businesses are highly favored by venture capital firms, and this may be a better alternative if you need a large capital investment. Hard money may be an alternative for you as it relates to raising money from outside funding sources.