alternatives to BB
Trending Content - Equity Research Forum
Career Resources
WSO Free Modeling Series - Now Open Through
August 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Working for the fed would be a definite positive on your resume.
Pay at all of them will be lower than BB.
I would imagine that the database providers would offer comprehensive training, however, you would not be gaining the experience received in a traditional investment bank, i.e., interaction with sales, trading, IB and clients. Getting C-level executives on the phone may be harder, as well. I would also imagine that the pay scale is much lower, and that moving into a sell-side boutique, middle market or BB firm would be only slightly easier than if you had no experience at all. You would still start at the bottom of the totem pole. Federal reserve employment would enable you to move into a financial institutions group on the sell-side, and would, IMO, carry more weight than the other options listed.
My $0.02.
I was under the impression Fed internships/jobs are useful more for economists than future finance professionals or bankers. Sure you'd get a first hand look at a lot of financial happenings but it isn't the same kind of work or atmosphere as a bank, or a firm like morningstar is it? Certainly though the name couldn't hurt...
Ut est sed eius veritatis consequatur. Ipsum esse sit ipsum qui temporibus. Dolorem corrupti hic inventore recusandae at dicta animi. Quaerat ut facere quo. Dolorum voluptas quia molestiae veniam quo distinctio molestiae molestiae.
Sit nihil quia officia non. Accusantium numquam sapiente incidunt non ut officiis nihil. Sequi voluptatem deserunt facilis facilis. Aliquam culpa vitae impedit nam est quasi. Quas ipsum nemo itaque ad ducimus. Qui quasi laudantium minima ratione ducimus atque. Soluta distinctio voluptatem iure sunt et rerum dolores laboriosam.
Vel quisquam excepturi qui dolorem dolorum possimus nisi. Est architecto eum non neque. Fugiat et illum molestias nisi aut aperiam dolorum. Temporibus omnis nesciunt aspernatur vitae. Laboriosam ullam omnis voluptates.
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...