College selection

If I go to UMich but major in STEM, am I viewed as a candidate by finance companies the same way as someone in the business school, given I taught myself the finance technicals?

Or do I have to have a minor or double major with the business school?

6 Comments
 

If you do not have a finance internship or studying finance/accounting/econ then you are not going to be viewed as the same caliber of candidate as someone who studies those subjects and/or have relevant experience. If you have an undergrad degree in STEM and got an MBA, then you would be viewed as a viable candidate for sure. Not to say that you won't get any interviews, but you will be at an inherent disadvantage to candidates who studied business. 

 

For undergrad?

Gather relevant internships and have a true and believable story to explain your why. Should not be a problem. From what I have seen, engineers make good bankers.

But if you fail to gather the internships then it is going to put you at a disadvantage like the guy above mentioned.

 
Most Helpful

Dignissimos maxime et dignissimos. Nostrum tenetur suscipit et voluptas consequuntur temporibus. Ea nemo autem eius et maiores sunt. Sunt nisi aut autem iusto. Ad minus aut iusto amet dicta mollitia reiciendis. Ut voluptas nisi ratione eos vel.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”