London People: Opinion on the “level” of Associates at UK Market Regulators?
Always wanted to be an econometrician at a market regulator.
Love complex Matlab/Stata Economics Models and Data Mining.
Went to an Assessment Center at the Bank of England.
Candidate #1: I’ve worked as a Customer Service Specialist at a regional commercial bank branch, sure I have a lot of experience to be a Data Analyst at the Central Bank. Central Bank is like a usual Commercial Bank, right?
Candidate #2: I am here to earn big bonuses, bankers are earning huge bonuses and Central bankers, I am sure, are earning even more...
Me in a group exercise: Cash is expensive, let’s abolish it (R&D anti-fraud costs, distribution channels costs, printing/minting costs), anyway it is just 15% of all the money in the circulation...
Teammate #1: But... But Old People?
Me Also: European Economy is likely moving towards negative interest rates
Teammate #2: Pff nonsense!
Me Quoting by heart: Treasury Select Committee, Q1 2017, Andy Haldane: “Yes, I see a trend towards negative interest rates”
Got a call from HR after: You have the strongest motivation and the biggest expertise, but you were bad at teamwork, sorry... (bear in mind, I am one of the best university debaters in the Nordic Europe, Competitive Debating is a quite “team” activity)
Ok, maybe I am too egocentric.
Applied to the Financial Conduct Authority.
Today saw a post from the thestudentroom forum:
"Passed through the phone interview at FCA, such a fascinating private company to work at! Can’t wait!"
My Question is:
Do I have a “polarized” opinion/bad luck or does it look like that many entry-position employees/associates at UK Market Regulators are a bit under-educated in terms of the basic understanding of “Economics/Markets”?
Dignissimos suscipit impedit labore id vel est. Ea commodi est facere quasi non distinctio dolores. Dignissimos modi accusamus quis doloremque ut quo. Sed doloribus est rerum voluptatum ratione mollitia.
Nam laborum quam nisi qui aut. Quia consectetur delectus dolorem eius sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...