Switch from CS to Economics/Finance for IB?
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don't quit CS...just take a couple a handful of finance, econ and accounting classes.
A Finance major is not worth much...CS however is much more valuable. You could go into tech banking, or tech engineering...but a finance major doesn't have those options.
CS majors can go into banking....but it doesn't work the other way around.
faceslappingcompilation Thanks for responding! I guess I was just reading around too much on people claiming CS won't get you a job in finance. Well, the only thing is "FinTech" jobs have an avg salary of 65k, which If I'm not mistaken is even lower than software engineers.
there are lots of different jobs in finance and banking...so you should be careful before you lump them together. A teller at a bank works in "banking"...but i would not confuse them with "investment banking" Also, FinTech often refers to startup companies in the payments sector...again, nothing to do with investment banking.
Then you have quant trading....where CS and Math majors dominate, and "finance" has zero value. Entry level "investment banking" jobs just require basic finance knowledge (which you can learn on your own from the WSO course....much cheaper than spending your tuition $$ on college classes). Computer Science is much harder to self teach. A good friend of mine is an investment banker...he was not a finance major (i think he did Economics and math). Go ahead and take an accounting class (not to be an accountant...but its good to know)
Thanks again for your input, I really appreciate it.
From what you say IB does seem tangible with a few finance courses and the like. Yet it's crazy to think that it's possible. I've seen so many posts here about even finance grads that have to network so hard to even get an interview. As for lumping them together, quant job, that of which I know of are nearly impossible without at least a Ph.D. which is why I didn't really consider quant jobs.
1 - there are different levels of "quant" 2 - you will have to network to get into investment banking REGARDLESS of your major.
Since you are not coming from the typical target school (a target is where ALL the banks recruit at the career fairs) you will absolutely have to network = make a personal connection with a junior to mid level banker (associate to VP).
Unless i'm mistaken, there are only a handful of major investment banks in the netherlands (ABN, ING, Rabo)..DB has a small presence...and then like ~20 smaller banks. Do you want to stay in the Netherlands? Most investment banking jobs are in either London or NewYork. Of course every country has investment banking...and if you are outside London or NY, then you should seek out specialized career advice, as this site focuses on NY and London.
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