Would experience at the New York Fed (right out of college) be looked upon favorably on Wall Street? Is it a good place to start a career and then transition to the private sector, such as i-banking, investment management, or research? Would experience at the Fed be useful when applying to b-school?
I know of one former MD at DB who started off at the Fed as a bank examiner and transitioned, just wondering if anyone else had a similar story.
| +42 | Thoughts on navy nuclear program | 10 | 2d |
| +41 | Lying about GPA | 22 | 8m |
| +23 | Notorious Backchanneling Recruiters & Employers | 7 | 1d |
| +15 | Should I stay in IB? | 3 | 3d |
| +12 | This job just ain’t for me. What now? | 5 | 17h |
| +11 | Taking SIE going into college | 11 | 1d |
| +10 | Nontraditional Background Trying to Break Into Finance — What Am I Missing? | 2 | 8h |
| +9 | Non target guidance | 1 | 1d |
| +9 | I need career advice | 1 | 6h |
| +9 | Where I though I'd Be by Now | 3 | 1d |
Career Resources
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.
NY Fed has lots of different types of jobs. if you go there as a jr trader on the repo/mm desk, sure, you could probably eventually transition to a similar desk at a BB. I doubt anyone would look down on experience at the NY Fed.
The Fed, particularly the NY Fed, is doing some of the most interesting finance-related work right now. This is a great opportunity that can definitely position you well for b-school and a job at a BB. I think a lot of people are under-appreciating the value of a formerly boring, now sexy government job these days.
Here's a link to advice on some other finance-related jobs in government that people should consider.
Government Jobs Requiring Strong Quantitative and Analytical Skills http://www.gottamentor.com/viewMyAdvice.aspx?a=273
Quos odio dolorem vel expedita et. Voluptatum esse et commodi rerum quibusdam. Sit vero optio itaque voluptate sit labore. Neque ut laudantium quia et facilis veniam.
Facere est voluptatibus distinctio est qui hic iusto. Neque nesciunt est voluptas dolorum impedit qui iste.
Excepturi qui consequatur velit illum magnam saepe nihil. Nam cum quia accusantium facere et. Aperiam voluptatem iusto quasi ipsa. Accusamus doloribus quia tempora aut. Delectus incidunt voluptatibus autem consequatur nisi eligendi quibusdam.
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...