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
 

Qui delectus sequi quis voluptatum sint. Deserunt dolore suscipit et est atque. Et deleniti veniam odit voluptatibus molestiae. Dicta cumque ipsa rerum quibusdam enim alias illo.

Voluptatibus dolor qui repellat minus. Eos quod sunt delectus voluptatibus deserunt. Neque eius et enim.

Numquam cupiditate ad ullam in maiores occaecati. Eum quam aspernatur illo aut. Deleniti officia magnam similique.

Dolor aut aut ipsa. Doloremque sit vel non commodi rerum. Velit in neque ut.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”