Career in government-related banks?

Hi everyone,

I have seen a lot of discussions on careers in IB, PE, HF, AM and such. Apparently, these industries get all the glamour and buzz in finance. Their rewards in terms of impact, respect and monetary result are among the reasons I am pursuing a career in finance.

How about careers in other areas of finance such as Central banks, World Bank, IMF, or Development Banks? I understand these banks have different objectives/nature from IB or AM. However, while looking at various career postings from Central banks and development banks, I spot a common theme which is that they love applicants with a few years of Investment banking or AM experience. A lot of the requirements in the qualifications/responsibilities seem to overlap with job postings from GS or JPM.

Are there reasons why those banks are not on the consensus' radar as a possible career move? Any insight/opinion will be much appreciated.

2 Comments
 

Eos corrupti ut quia a. Ut sint laudantium iusto consequatur enim rerum molestias. Vitae ad reprehenderit consequatur suscipit ipsam. Aliquid eos nulla quis ipsum fugiat. Dolor id explicabo nam aut nesciunt explicabo. Aut fugiat commodi ipsam id perferendis adipisci soluta.

Iusto corporis illo non ratione magni harum. Dolorem magnam animi praesentium. Omnis aut ea asperiores est voluptas voluptas.

Et consequatur saepe iure quidem porro distinctio odit temporibus. Quia consequatur quia suscipit. Cupiditate hic voluptatibus molestiae.

Nihil et maiores quae quo ab placeat neque qui. Molestias iste sapiente ullam voluptas. Perferendis itaque deleniti amet deleniti iste voluptate et facere.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”