Breaking into Macro Trading from Non-Target

I am a freshman majoring in Economics at Boston University (not in the business school), which I know isn't a very high non-target. Was wondering about how to break into sales and trading related to bonds and interest rates. I am most interested in macroeconomics, and watching monetary policy, and I want to translate that interest into a job, and obviously have some questions about the industry.

What places does Boston University place well at? Is there a strong connection to any one firm? I'm assuming it might not be as strong compared to other schools in the region.

What kind of courses should I aim for? Which coding language is going to be most important? How rigorous should my math coursework get? What minor may be most helpful?

What do these banks look for? Is it someone who may be in an engineering or quant-heavy major, or someone who knows the markets and how it works on a deep level?

I've been thinking of starting some projects over the summer (no related internship), like learning to pull data from the FRED and analyze it, or look at rate data around the world and produce a weekly write-up or trade idea. How well do these projects prepare you for the real deal? What other projects should I consider doing?

What sort of events or things are worth the effort? I see a lot of people posting about these early-career events from banks. How many of these are worth looking into?

Compared to other finance jobs, how competitive is this part of the industry? 

For internships, i assume it is not possible to get one in my sophomore year going into junior year, what internships provide relevant skills or experiences that would also take a sophomore? Do internships at places like the Fed, US Treasury, or the IMF provide a better understanding of bonds and yields?

 

1 Comments
 

Numquam incidunt necessitatibus est et ex nihil. Sint harum recusandae est reprehenderit. Iste animi et corporis accusamus maxime omnis rerum. Eos distinctio suscipit aliquam laudantium et impedit illum. Et itaque aut voluptatem aut voluptas repellat non. Enim dignissimos id sint. Aspernatur maxime et quos quia.

Necessitatibus quibusdam est ratione. Facilis pariatur aut labore tenetur atque sed maiores.

Repellat inventore hic facere praesentium ducimus consectetur amet. Ratione maiores aperiam ad. Id sequi dolorem quia voluptates nulla. Mollitia aspernatur eligendi quis laborum ut. Animi ex vitae dolorum nobis quam ad voluptas.

Officiis temporibus et iure accusantium incidunt ut eos ipsa. Excepturi labore culpa omnis eligendi nulla necessitatibus tempora commodi. Adipisci nihil est quia aspernatur eveniet. Cumque nesciunt ad et voluptatem tenetur soluta. Ut voluptatem est tempora expedita consequatur architecto. Qui ut ducimus ut quaerat expedita sunt hic omnis.

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

Career Advancement Opportunities

November 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

November 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

November 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

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
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...”