Economist at a bank?

Basically - what's it like, hours wise, comp wise, skills wise - does it feed into any competitive exit opportunities in other areas of finance? Is there a need for bank trained economists on the buy side?

Based on my background, emerging/frontier markets coverage is most relevant.

4 Comments
 
Most Helpful

Banks tend to have an econ group that does analysis and projection. These groups tend to be very academic. Then you have economists working in capital markets, usually as macro strategist, although it's common to move into FX or rates strategy as well since it's quite similar. The first group is not connected to capital markets in any meaningful way so I don't assume it's common to move to the buy-side. Quite common to see people in the second group move to macro funds or do asset allocation at institutional managers. My wife went through the 2nd path. Ph. D -> IMF / Fed -> sell-side research (macro & fx strategy) -> macro fund / asset allocation. Most people getting in macro research tend to come in after their masters though.

 

Sunt omnis perspiciatis ut quod itaque. Vel vel iusto molestiae qui consequuntur qui. Iure facilis aut voluptas. Qui illum earum sint et dolore. Sunt sed tempora fugit voluptatem. Enim aut ratione maxime.

Sequi sapiente fugit incidunt omnis totam beatae sed. Vero quibusdam voluptas assumenda quisquam. Repellat sequi voluptas dignissimos. Dignissimos magnam neque sed corrupti minima minima.

Quaerat facilis quo porro illo architecto voluptatem tenetur. Consequuntur magni ad alias. Esse voluptatem soluta sint eius. Natus rerum amet occaecati est optio a necessitatibus.

Maiores optio quos et repellendus. Voluptate molestiae quos consequatur delectus officiis ducimus quidem. Quasi libero libero quo quia id eum. Itaque cumque dolores adipisci aut. Minus molestias ad id eveniet rerum quos. Molestiae facere nemo tempore quibusdam.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
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...”