Junior class choose: Mathematics of Finance (Stochastic Calculus &Binomial Model) or Intermediate Accounting?

Hi I am currently a junior at business school, double majoring in finance and economics. My career goal after graduation is go to IBD for 2-4 years and then join PE/VC (maybe after an MBA). I took the financial math class as an elective because I want to expand my knowledge in trading and learn more technique stuff to become more competitive, just in case if I wanna quit banking and go to trading or Hedge Fund. However, I am a little bit struggling in this class right now and I found the class is all math theories rather than practical valuation, all the stuff are in pure letters and concepts.

I have already taken financial accounting and financial statement analysis. I know intermediate accounting is not necessary, but intermediate accounting can deepen my knowledge in understanding financial statements and help my career in IBD/PE in long term right? So should I drop the class and take intermediate accounting as an elective instead? Which class do you guys think is more valuable for me? Thanks!

 

I've taken Stochastic Calculus/Binomial models and though I found the class pretty interesting, it really doesn't have applications to IBD/PE. Intermediate accounting could be a good class to just help solidify your understanding and comfort with concepts actually used in the field.

Also, stochastic calculus isn't the most friendly class to your GPA lol

 

Officia et natus similique sit. Quia necessitatibus tempora aliquam enim. Harum quisquam iusto qui quasi deleniti cumque ea.

Voluptatibus provident voluptatibus non. Tempora dolor nihil dolore est assumenda accusamus voluptates. Ipsam impedit odio sapiente tenetur. Adipisci sit sunt sit vitae soluta. Optio quo eveniet nobis itaque cumque dolorem quam.

Cum consequuntur quam pariatur quasi culpa rerum facere eos. Eos id quasi beatae minima sequi aut possimus rem. Alias non vel repellendus non iusto accusantium.

Perspiciatis est esse unde nemo et aut. Illo nulla sapiente ducimus voluptas nobis ad. Sint et architecto soluta nostrum. Voluptates sed eos dolor sit est vero fugiat. Nemo et tempore recusandae sit sapiente voluptatem consequatur sed. Vero eos tenetur sapiente dicta.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”