Double Major in Financial Math?
Trying to make a life decision, any input it greatly appreciated. First-year at a non-target/semi-target state b-school. Currently majoring in Business Administration/Finance, but am highly considering switching to something more technical. I could double major and add Financial Math, which is essentially just a math major with a couple financial application courses at the end; however, to fit it in I would end up having to forgo some of my upper level finance classes, and would just have a general business admin. degree.
My rationale is that I can pick up the information in those b-school finance classes through books, or will be taught what is necessary on the job, but I can't just pick up a calculus textbook and give myself that level of education in math. The benefit to the math though is that it keeps quant/S&T fields open.
Am I completely off base here?
Also GPA, would likely go from a 3.8-4.0 with just BusAd/Finance to maybe even a 3.4-3.6 with the double.
do a pure math major if you're up for it - I think it'd be much more impressive. Honestly, if you had to choose just one major, I'd say it should be math. The math you learn won't be relevant to a career in finance, but the problem solving skills you'll develop from coming up with proofs are very relevant to almost any career. For some reason, people think you are super smart when your major is mathematics.
Thanks, never thought about that aspect of it.
I agree. I would go Math>Financial Math>Finance. You can learn any finance concept easily on your own. Having the math background to derive some of those models/theories, much much harder.
The major you are currently in is Business administration, Finance? Business Administration, specializing in Finance? or Finance Degree from college of business?
Either way it doesn't really matter... Because it is business and it shows an interest in Finance, also 4.0-3.8 is a STELLAR GPA!
1) GPA is way more important than the math major you listed. 2) Search some job postings of positions you dream of... My jobs required majors of Finance, Accounting, Econ, Business in that order. So that is what I majored in... 3) My college required Calc be completed as a Business major... 4) To major in math, IMO, results in to much specialization. If I were to review your resume as a 'Math' major I would immediately classify you as a quant position, ER, OPS, etc. Again IMO, I would suggest the more general finance, accounting, econ major.... Its not like you are as broad as sports management... But it shows you are interested in Business, capital markets, entrepreneurship, accounting, corp fin, etc....
Why not a Math Minor instead and studying whatever is interesting to you, beyond it, on your own? Economics/Comp Science double major with Math Minor here and I feel like having a minor suggests that you are not less capable than your peers who are majoring in the field... At my university the minor requires the basic Linear Algebra, Calc 1-3, Differential Equations (should've taken that one) OR Abstract Algebra (meh, don't like this one), and one random elective.
It depends how good you are at mathematics. There are some who need 60hours per week for a pass and there are those who get perfect scores without even going through the materials seriously. Hard for us to "type" you. Needless to say a high GPA in mathematics is a lot more impressive than economics/business.
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