Macroeconomics

>>1918598
>Are there jobs for macroeconomists on Wall Street?

Yes, but if you want to work as an "Economist" you'll have to get a PhD or at the very least a Masters.

>>1918602
I'd be fine getting a masters, but a PhD is a little iffy. I always associated PhD economics with working in academia, which while the research would be fun, I'd make a really shitty professor.

How essential is getting a PhD?

>>1918598
Hey I went to Wharton and I know loads of people that went to Wall Street.

Unless you were my classmate, you aren't gonna work on Wall Street as a fresh Econ major out of college you fucking freshman.

You're literally a fucking baby. Go study the economy as a full-time job for 5-8 years alone AFTER you get your PhD, not your fucking babby bachelor, then apply to work on Wall Street son.

Unless, you know, you were my classmate at Wharton. Were you, by chance? Cause then I'll give you a 50% chance.

>>1918611
Would working at the Fed be good for getting Wall Street contacts? Or should I target private sector opportunities more?

>>1918598
No one treats economists seriously. Get a Mathematics/Physics degree and get a proper job at finance.

Macro is a fucking joke full of bullshit theories. Like holy fuck how could you go to sleep at night believing in the macro theories from 70s' and 80s' when post 2008 is a whole different world.
Since 2008 covered parity does not work. Since QE/NIRP Black-Scholes and many interest rate models can be thrown to the garbage bin.


t. anon from derivatives desk.