Please tell me if the major I want to study is good enough for investment banking or/and for working in hedge funds
I’m Chilean, and I’m thinking about studying “mathematical engineering” a major that doesn’t exist in USA, here’s the University of Chile definition of the career:
“This Engineer specializes in the use of advanced mathematical techniques to model and solve complex engineering and science problems. His training encompasses differential equations and control theory, probabilities, optimization and numerical analysis, discrete mathematics and computer science. These tools allow you to translate problems into a mathematical language, solve them numerically with the help of the computer, and obtain qualitative and quantitative information about solutions. Generally, they work in collaboration with other engineers, although their training allows them to make significant contributions in all the areas that require advanced mathematics. Work field He works in companies in the mining, forestry, energy, financial, transportation, planning, as well as in ministries and government agencies. Those who opt for further training can continue their studies to obtain the master's and doctorate degree and the scientific career in research centers and national and foreign universities”
Is it good enough for working in hedge funds or investment banks IN WALL STREET?
You have made the same thread several time with no responses, this should be an indicator that no one really knows what to tell you.
First of all, you're at a disadvantage - you're studying in a school in Chile. This means you won't have access to the same recruiting as in the U.S. but you can be recruited by financial firms in Chile. Which is good because you will gain experience. You have the opportunity to do undergrad in the U.S just do it.
Second of all, it might be necessary for you to get a master's degree preferably from a top school in a country you would like work in. But get the master's after you have an year or two of work experience.
Btw, why go with "mathematical engineering" aren't there any proper CS or Applied Math programs? do you even know what control theory, numerical analysis or discrete mathematics even mean and what they're used for?
If you want brag that you studied a math subject go for Math or Applied Math. If not go for Computer Science since it's a which gives you practical skill set as well as having the same amount of math courses as engineering courses.
HChile is the worst: Here (in the top universitys) it doesn't exist computer science, applied math or even business/economics on its own!! They are all mixed with engineering!!! They are called "engineering in computer science, engineering in mathematics, commercial engineering" respectively... that's why I'm so confused... it's like they are not any majors outside of engineering that are not science ones... I Know how it sounds, but is true!!! I don't know what to do and I can't go study in the us because my parents don't let me...
I'm sorry about that, if your parents have the means you should definitely study in the U.S or at least in the U.K the opportunities are infinitely better.
If that is not possible I suggest going with engineering in computer science and then a master's after a year or two of work experience.
Why study engineering if you want to work in IB? It would be feasible if you studied at a target in the US, but from an international non-target, virtually no chance. If you want to work as a quant, just get a normal math degree.
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