So I just finished up my junior year as an econ major at a target in NYC. I won't post my whole story, as I've done that before on here, but I decided very recently that I wanted a career in investment banking. Because of that, I have no relevant experience.
However, I managed to land a couple interviews at MM banks, and have done some networking and received a lot of feedback on my resume. One of the most common critiques I get is that I'm not quantitative enough.
I'm taking a couple of classes this summer, and am working on getting a part-time internship at a boutique bank for the fall, but I still want to find ways to make myself more marketable. Would it be more valuable for me to take basic accounting this summer, or should I just learn that on my own time, and instead take Calc II this summer (can't do both because the times overlap) so I can go on to take more advanced math classes?
My only concern is that I won't do well in Calc II - I got a B+ in Calc I, and while my GPA is high enough that I could take an average grade, I'm just worried that doing mediocre/poorly in calc II will look worse than not taking it at all.
Thoughts? Apologies this was so long.
For S&T: Calc > Accounting For IBD: Accounting > Calc
Agree with poster above. If you want to do IBD, then definitely go with accounting. You can teach yourself math on the side too. You could also take one of those modeling courses. Definitely not "quant" in the traditional sense, but it will show you can do the technical side of the job.
You can learn accounting for IB interviews in a couple days, I'd do Calc II.
your econ degree doesn't require Calc II??? man i hate my school, we had to go through Calc III and at least two calc based stats
What's calc III, PDQ's? What do you use that for in Econ?
Not the track I'm doing. The math-heavy one requires up to calc III, but that major is geared toward kids who want to go on to get PhDs in economics (no thanks).
That's precisely how my school did it.
oh gotcha. Yeah, my school doesn't have tracks, which is retarded. like you said, not everyone wants a phd
Also, how do your employers know you aren't quant heavy? For me, I am just taking as many accounting and finance courses as possible and listing them under "relevant coursework", and they LOVE seeing that because it shows I am at least interested. But I am referring to IB interviews, not S&T. Ive never been asked about how much math I have taken
Most of the classes listed on my resume are econ classes, and those aren't that mathematically rigorous.
Also, my work experience is non-quantitative, for the most part.
Oh, and thanks to all for the advice. I'm going to think about it some more, I have a few weeks to decide.
I would not bother listing a bunch of Econ classes. They know you are in Econ major. Do you have any other management courses or any other courses that could be slightly relevant? Or any forecasting, Econ modeling, or intl economics would look alright. But no need to put macro and micro imo
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