London People: Opinion on the “level” of Associates at UK Market Regulators?

Always wanted to be an econometrician at a market regulator. Love complex Matlab/Stata Economics Models and Data Mining.

Went to an Assessment Center at the Bank of England.

Candidate #1: I’ve worked as a Customer Service Specialist at a regional commercial bank branch, sure I have a lot of experience to be a Data Analyst at the Central Bank. Central Bank is like a usual Commercial Bank, right?

Candidate #2: I am here to earn big bonuses, bankers are earning huge bonuses and Central bankers, I am sure, are earning even more...

Me in a group exercise: Cash is expensive, let’s abolish it (R&D anti-fraud costs, distribution channels costs, printing/minting costs), anyway it is just 15% of all the money in the circulation... Teammate #1: But... But Old People?

Me Also: European Economy is likely moving towards negative interest rates Teammate #2: Pff nonsense!

Me Quoting by heart: Treasury Select Committee, Q1 2017, Andy Haldane: “Yes, I see a trend towards negative interest rates”

Got a call from HR after: You have the strongest motivation and the biggest expertise, but you were bad at teamwork, sorry... (bear in mind, I am one of the best university debaters in the Nordic Europe, Competitive Debating is a quite “team” activity)

Ok, maybe I am too egocentric. Applied to the Financial Conduct Authority.

Today saw a post from the thestudentroom forum: "Passed through the phone interview at FCA, such a fascinating private company to work at! Can’t wait!"

My Question is: Do I have a “polarized” opinion/bad luck or does it look like that many entry-position employees/associates at UK Market Regulators are a bit under-educated in terms of the basic understanding of “Economics/Markets”?

1 Comments
 

Non suscipit a quo quas quae ut eum earum. Et enim voluptatem voluptas doloribus. Eum omnis commodi aut sapiente incidunt.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
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...”