I am currently struggeling with my next career steps and would be grateful for some advice. I am about to finish my PhD studies in the field of finance and banking and see myself in asset management and also investment banking. I received an offer by the german federal bank (Bundesbank) for a trainee position. By the end of the trainee programme I would be about 33 years old. Do you think it would be too late to start a career at Goldman, JP Morgan, Morgan Stanley etc. at that time, given I haven’t had any work experience (i.e. internships) with these type of firms? Dou you think they would consider the time spent at the german federal bank as a valuable asset for them?
One more question: What do you think my chances are now to get into an associate’s program with those firms without having an internship but with having a PhD and passed CFA level I?
Thanks a lot. I really appreciate your thoughts.