“May you live in interesting times.” It’s allegedly a translation of a Chinese proverb, but Wikipedia can’t even figure out who actually said it first. Regardless, a job at the Federal Reserve Board should be extremely “interesting” over the next year (at the very least). With Bear Stearns almost falling into bankruptcy, and a lot of other investment banks in trouble, a job in finance doesn’t look nearly as attractive as it did a year ago. Still, if you’re interested in economics, finance, or a related field, a job at the Federal Reserve Board is a great alternative. Although connected to the Federal Reserve Bank of New York, the Federal Reserve Board is a different entity. If you don’t already know, the Fed, which is led by Chairman Ben Bernanke, is responsible for crafting the monetary policy that supports the American economy. Continue reading about Federal Reserve Board…
The dollar may be going through a rough stretch right now, but that’s only another reason to be interested in monetary policy. If you’re a sucker for reading Milton Friedman and John Maynard Keynes, we think we’ve found a great career opportunity for you; however, if you’re supporting Ron Paul (and his abolish the Fed stance) in the Republican primaries, you can probably pass on this one.
The Federal Reserve, as the central bank of the US, directs the country’s monetary policy. The Federal Reserve Bank of New York is one of 12 regional banks that acts as a fiscal agent of the United States Treasury. If you’re the kind of person who’d like to work at the Fed, we’re not telling you anything you don’t already know. If you aren’t, but you’d like to learn more, why not check out the Wikipedia entry on the Federal Reserve System? Many companies that are hiring at the entry-level are more concerned with raw talent than acquired knowledge, but jobs at the Fed appear to be quite knowledge intensive. Applicants probably should have majored in Accounting, Business, Economics, Mathematics, Statistics, Finance, Management, or a similar field. So, if you’re drawn to finance by your love of economics, but not looking for the investment banking lifestyle, take a look Federal Reserve Bank of New York’s job opportunities for new college graduates. Continue reading about Federal Reserve Bank of New York…
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