Do Banks/PE firms care about UG courseload?

Would taking 3 courses/semester instead of the standard 4 my junior and senior years of undergraduate matter to banks/PE firms? The courses would be upper level economics and physics classes, as I'm doing an econ major and physics minor from a top-10 LAC. My logic is that the lighter courseload would help my GPA and allow more time for networking.

Thanks in advance.

 

No, it won't matter. They wouldn't even know. Also, it doesn't matter what classes you take, it's better to maximize GPA with easier ones. Some people argue that it's better to take difficult finance classes so you learn more and can answer technicals easier but that's BS.

 

The answer is situation specific. If you worked 40 hours a week, and have a 3.75GPA with a 12 credit courseload, then its impressive. If you played sports for 25 hours a week, President of club, and have a 3.75 GPA, then its impressive

Other than the situations mentioned above - your f*****

 

Looks like I'm getting very mixed opinions here :S

I'm not working at all in this period, but I hold a leadership position, was on the rugby club for a while and some other clubs. I always thought that recruiters don't even look at what classes you took...?

 

Nobody will look at units - gpa is all that matters. I don't know about the people above, but I work at an IB so I can give you some insight to how the process works. An analyst gets a stack of resumes and goes through them quickly (as he/ she will likely have a lot of other shit to do) and make the first cut based solely on gpa / school unless someone brought attenetion to a specific candididate. After this cut, they look at relevant expereince and then some candidates are invited for first round interviews. At this point it's on you, I have never heard about units in a semester getting brought up in an interview unless. After offers are give, a transcript is reviewed to verify gpa, etc. Your fine - graduate on time and get good grades

 
Best Response

With the caveat that a 3.45 as a Physics major is probably going to look the same as a 3.65 as an Econ major. If it's something you can list on your resume (like Math Minor or Math Major), that gives you an excuse for a lower GPA.

I would take stoch. calculus over the summer at a community college or through an online course that doesn't necessarily give you college credit. Not so you can put it on your transcript or resume but so that it can better prepare you for your career. And it might come up in an interview.

Just remember if they start asking you how much you know about math or stoch. calculus in an interview, DOWNPLAY DOWNPLAY DOWNPLAY. DiffyQ is really as far as you need to go to be qualified for 99% of the positions they're hiring undergrads for. Heck, Stats I, Calc II, and Linear Algebra qualifies you for 90% of the positions out there. And that's all you need to get into grad school for a Financial Engineering degree.

 

get the GPA high as possible... Very few recruiters will give your resume an honest look over the first time they run through the resume book. Not to discourage you or anything but odds are they will scan for "acceptable" GPAs. However,you can get around that with some serious networking. Connect with someone on the inside and work to make sure your resume lands in the "acceptable" pile. Only after they weed out many of the resumes will recruiters actually give the substance of your resume an honest look.

Also if you have a 3.447 (or something similar) consider putting it up as a 3.5 - there is a slight risk involved with this. But try to beat the system don't let it beat you....

If you really want to take a class that is notoriously difficult consider the pass fail option.

 

Thanks for the responses!
I've been trying to look at it like this: I would rather be 3 years out of ugrad and regret not taking stochastic calc than be 3 years out and wish i had done everything possible to get the highest possible GPA. Classes can be taken later, but GPA's can't be improved after the fact I suppose.

 

I don't think you need to disclose on your resume the method in which you took your courses. And even if an employer requires a transcript, I don't think it would matter.

 
the_inscrutable_chicken:
If you want to work in FINANCE, why would you not want to study accounting at some point?

There's a difference between taking basic accounting courses and majoring in it.

 

Yes I understand that. But like i said, I have already fulfilled my Finance major requirements. I dont want to do a total of 9 courses of just options. I think Accounting is just another logical major and makes me more marketable? (correct me if i am wrong) PLUS i also want to get a CA designation as I understand it helps alot..especially in equity research. While i'm not sure that ER is what i want to do, it can't hurt even if i get into M&A. One more plus is that WHEN i get my MBA, who knows, i might not even want to do IBanking no more, with the CA designation + MBA i think i'll be in a better position to take consulting jobs, and even industry jobs like the Finance roles in something like google?

Just my current thoughts. Please let me know your opinions or my thinking is totally wack!

Thanks.

 

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