Given what's happening in the markets, there's been talking about going to work for government agencies such as the Fed and the Treasury.
What do you guys think about the exit-ops coming out of a program like that? What is the expected pay for an entry level analyst? Thanks
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How about applying for the CIA Clandestine Program.
I think (and I could be wrong), doing 2 years there vs 2 years pushing papers at the Fed would probably make you a stronger candidate; so long as you can explain your train of thought and reasoning for making the decision(both to enter and exit).
I'm sure they're very selective, but I would think it would be a really interesting experience if you made the cut.
I know a guy who worked for the Fed in new york and went into banking after a year or so. He had 3 different offers to choose from. You need to network extensively, he didn't get the offers from applying online.
I interviewed with the Fed's Markets Group back in Octoberish. From what the interviewer said, you go through one of their programs and you pretty much have your pick of b-schools. That program might be better if you wanted to go into trading because some of the rotations are market monitoring/trade support type deal. Salary's probably lower than the banks but good benefits.
tradersedge, did you ever hear back from the FRB NY? The recruiter came to our campus for first rounds in early November and never subsequently contacted anyone about second rounds or being hosed.
i was interviewed a long time ago and just heard back today that I didn't get final round or whatever they do after phone interview.
I know few guys who worked at NY fed for a year and went to banking, different times though...
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