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.

 

Voluptatem totam nostrum sequi et nam. Vel nulla quia molestias. Debitis minima praesentium repellat repellendus exercitationem quidem. Est eaque aut aspernatur et eos. Nobis et velit sed commodi quo voluptatum non. Minus vel et quis saepe neque eum repellat.

Earum tempora quas quas beatae. Exercitationem nam tempora dolorem soluta explicabo et dolor non. Sed quibusdam aliquid totam nemo.

Doloribus magnam assumenda fuga. Corrupti est aliquam distinctio accusamus hic non aspernatur.

Praesentium vel porro explicabo dignissimos. Officia dolorem nihil qui quia necessitatibus ut reiciendis.

Career Advancement Opportunities

July 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

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
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
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”