Undergrad classes are boring/basic/useless

Currently on my last semester, taking higher divisions FIN courses. I interned at 2 funds and will be starting full time in the summer.


All of my classes are very simple, textbook, plain vanilla. Present Value, Efficient Markets hypothesis, CAPM. ect.


Should i even go to them? I get 100 on everything

 
Most Helpful

Absolutely go.

Reason 1 - Make sure you finish strong on that GPA. If this job falls through in a year or so, you might need the good GPA

Reason 2 - It may not seem applicable at the time but lots of small stuff matters later. Take for example WACC and CAPM. I remembered reading some nuance about adding a liquidity premium for certain types of illiquid investments.....not something that I would be working on in my job......until one day I did. Same goes for lots of subjects. Early career it may not be apparent why you should know the Black Scholes model or details on managing working capital, but eventully you run into situations where having some base knowledge matters a lot, particularly if you are moving up on the corporate side and are beginning to look at the business across all finance functions.

Reason 3 - If it's too basic, ask more from the professor. It's about to you on how much you get out of class. Ask about situation where CAPM gives you weird results. Argue about EMH, discuss which are the best discount rates to use for PV etc. You can learn a lot if you engage more. Most professors know much much more, but are just dumbing it down for the class.

Reason 4 - You're kind of in a safe space now. If you have any questions, your professor will be happy to answer them. On the job (at least in banking), your associate will typically make you feel like an idiot for asking them.

 

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