math minor... does it even matter?

okay thanks everyone. would it be helpful for exit opps after two years of IB. or would by that time, HF, PE, and VC be so far removed after IB that i prolly wouldn't remember all the math stuff anymore..

As mentioned, unless you intend to pursue a quant based trading program or advanced math degree the content of your math minor is useless. IB requires very basic math

on the trading side, a minor would be helpful for a variety of products, not just "quant" trading

any rates, derivatives, structured products

pretty unimportant for IB, PE, VC

A math minor is only useful to compensate for a non-quantitative major. If your major is finance/statistics, a math minor really won't be beneficial unless the topics you are learning are directly relevant to the position you are seeking.

I would not entirely disagree with what people have said, but there is some value to a math degree. I majored in math, and while it was completely useless on the job, it definitely gave me a leg up in interviews. Bankers realize that you are better than them at math and brain-tease sparingly. But in terms of what you'd be doing in IBD, the hardest math you'll have to do is addition/subtraction. Leave Cramer-Rao to the quants.

Don't do math just to get a job. trust me. 99% of people who do end up with Cs that ruin their GPA. Don't feel like you have something to prove to the quant majors.

How many extra classes is it to do the math minor being that you are already majoring in Stats?

i need four more classes classes because some classes that count for my stats concentration also count for the math minor.

calculus 2, calculus 3, advanced algebra, and introduction to econometrics.

Finance and stats covers the bases pretty well for both IB and S&T jobs. The math minor would help with S&T recruiting, but probably marginally being that you already are majoring in stats. Marketing is bullshit. I took an international marketing class as a senior to fill up the schedule and it was a complete waste of time. Do the minimum amount of marketing possible. Minor in accounting because a better understanding of accounting will help with IB interviews and with your finance classes.

At my first job out of college, the monetary amount of the offer was based off the Major and the Minor. An econ major with any minor, even if it was basket weaving, was worth about 2k more than an econ major without any type of minor. I didn't know this and so I opted to go for the major Economics with a Concentration in Financial Markets instead of just majoring in Econ and minoring in administrative science. It was the same exact course load, just different titles on the transcript. I thought it would be more marketable, but no one really cared and I ended up making less than everyone else. Concentrations don't matter, minors do. I'd say go have fun your senior year, take a few women's studies classes and boost your gpa.

I don't think you're going to get paid any more based on having a minor or not... especially in IB or other high profile jobs where there is an analyst class/training etc...

Also Calc 2 isn't bad, and personally I loved Calc 3, but many people complain about it... especially them damn premeds who you will be competing with for grades no doubt.

Have heard (at least here) intro to econometrics is cake, and care to mention what advanced algebra is? Is that Abstract Algebra? or Linear? The former may be difficult especially if you're not a math person... it's a very different type of math to anything you may be used to, more proof based. Linear Ag. will be different than calc etc. but not bad at all (if anything easier than Calc 3).

In the end though, do what you like, it won't matter that much. But if you like maths, more power to ya'.

Paradoxical

People associate math with being smart. So while it may not help you on the job, it could go a long way toward proving that you are smart (kind of like 4u2bnvs said). That said, don't do it if you don't want too...you should do it because you enjoy math.

And Paradoxical, you wouldn't need to worry about the premeds for the math classes. Premeds spend too much time bitching about how hard they think it is to memorize shit - its the engineers/math/physics/cs majors you'd need to watch out for :) [I am joking around here, don't take offense if anyone is premed...but they are easily the whiniest people on campus, heh].

Oh - and a minor won't really follow you around, either. Useful for your first job, and maybe you can mention it in interviews and shit, but 10 years down the line "Math minor" won't really mean much...so go for whatever you want, whatever interests you.