I'm currently an undergrad majoring in business administration and was planning on declaring a finance concentration soon, since I want to go in the finance industry. However, I found out today that my concentration is not reported on any official documents, such as the degree or the transcript, except that it shows that I took finance classes on my transcript.
So... does your concentration matter to recruiters, for IB or for other finance employers?
If it doesn't, wouldn't I be better off declaring an easier concentration?
I have a general BSBA ...GPA matters more i'd say.
Depends on how your school works... At mine it's harder to take the finance classes you would want to be knowledgeable about investments and finance without being a finance concentrator.
background checkers can look it up fyi
You could declare an easier concentration, but if you're planning to enter the finance industry, wouldn't it be better to study finance now so that you'll be better equipped with technical knowledge to excel in that field? If you cannot handle the rigors of undergraduate finance modules, are you certain that you're ready to pursue a job in finance?
It's an entirely different issue if you want to pursue your interest in the liberal arts/sciences, but it seems like you're now looking for the easy way out. Would advise you not to do that. Just my 2 cents.
I spoke to my advisor, who suggested that I broader range of advanced business classes would be better than taking mainly/all finance classes. After all, Wall Street hires many ivy leaguers who didn't even have ug business schools.
I was just wondering if I don't declare a finance concentration (and its not even recorded on the transcripts), can that hinder me in the job process or in the future in any way?
Obviously you should take a broad range of classes, you don't want to pigeonhole yourself into one area. But don't skirt finance classes over other classes.
Ivy Leaguers are on Wall Street because they are Ivy Leaguers. They're intelligent enough to pick it up as they go. If you're not an Ivy Leaguer, you want to show employers that you know your shit.
bump
bump
you can do concentration in other areas and still end up being successful with finance/ib recruiting - but recruiters are gonna ask you/themselves "why would I hire a random marketing guy over a finance guy?" This means you better have a good reason why you chose to major in sth else (to broaden my perspective etc is a shitty answer) and you need a stellar gpa (3.8+) to get their attention in the first place.
but the thing is will employees ask me what my concentration was?
obviously
If I do take finance classes, I am planning on taking them pass/fail while studying abroad. Would recruiters see that as a cheap move?
OK, I'm not responding anymore.
wow okay... i am just trying to get answers. i, like everyone else, have a lot on my plate to deal with right now that you have no idea about
Congrats, but I'm not going to waste my time on you if you're serious about taking finance classes pass/fail while studying abroad.
Picking an undergraduate business concentration (Originally Posted: 05/13/2013)
I'm going to be a student at the University of North Carolina at Chapel Hill this coming fall. Assuming I get into Kenan-Flagler after my freshman year, I have a variety of concentrations to choose from within the BSBA.
-Consulting -corporate finance -Entrepreneurship -Finance -International Business -Investments -Marketing Management -Operations -Real Estate -Sales
I realize that for a job in IB, corporate finance or finance would make the most sense. I have a really strong interest in real estate and I would enjoy concentrating in it much more than I would enjoy finance. Seeing as there are branches of banking that deal with real estate, would this still be an alright idea?
Thanks.
Can you not take Real Estate classes as an elective if you're a Finance/CorpFin concentration? Either way, if Real Estate is what you want to do, then go for it. You'll like your classes more, and that will hopefully translate into a better GPA. Speaking to some of my friends at Carolina, it doesn't seem like your BSBA concentration has a much of an effect on job prospects.
corporate finance
corporate finance for sure.
I went to Carolina (KF). If you keep a 3.75+, getting into the b-school shouldn't be a problem. Getting into banking is pretty difficult unless you have solid connections or can network well. The best advice I can give an out of stater is to check out greek life the first couple weeks. It'll really help with the transition and maybe even internships. Congrats and go heels!
Excepturi voluptate sunt repudiandae tempore. Sit tenetur et sapiente quia et in. Veritatis quam fuga omnis et rerum.
Distinctio laudantium consequatur iure rerum ratione. Quia saepe minus sint excepturi. Fugit rerum sed et quae est et. Natus aut sint quis labore facere. Recusandae facere alias vero id sunt debitis aut. Eos dolor aliquam ipsam sed aspernatur ea sapiente.
Qui quis distinctio veniam qui molestiae. Nihil architecto magni et sed amet veniam dolore labore. Sed magnam temporibus tenetur ex voluptatem neque adipisci. Possimus aut architecto expedita qui dolorem perferendis occaecati.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Quia est in provident ea. Sed mollitia autem distinctio vel officia.
In dolores excepturi voluptas recusandae labore fugit numquam dolorum. Blanditiis cum sequi consequuntur non quis nam. Molestiae nihil facilis sint consectetur cumque.
Adipisci dolorum dolorem error rerum non voluptatem. Repellendus iusto eum occaecati exercitationem. Veritatis tenetur voluptas dolores placeat.