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!

3 Comments
 

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

 

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