What career path suits me?
I'm a freshman at a non-target school (that has decently strong placement stats in the finance program) and am a finance major with a minor in mathematics and CS. I enjoy finance and the technical aspects of programming (Python, TensorFlow, and web dev frameworks which may not be helpful), but I have been warned by some upperclassmen of going into Quant finance, as it's hard to get noticed from our school specifically. Over the last couple months, I got into algo trading and using programming for that, but I was wondering what other available roles I could use with my degree and skillset if Quant is out of the picture? Would love to have a clear outline and things to focus on, any help is appreciated!
To me you’re clearly set up for a quant role. But I don’t know you’re context so either way apply, get’er done and always consider IB with that background.
Fp&a and m&a always super underrated for sometimes the same pay and 40 hours a week so always look at tech companies and what’s available.
Based on the most helpful WSO content, your finance major combined with a minor in mathematics and computer science gives you a versatile skill set that can open doors to several career paths, even if Quant finance might be challenging due to your school's non-target status. Here are some potential roles and areas to consider:
Algorithmic Trading/Prop Trading: Since you already enjoy algo trading and programming, you could explore roles in proprietary trading firms or hedge funds that value programming skills. Focus on building a strong portfolio of trading strategies and showcasing your ability to find alpha.
Financial Technology (FinTech): Your programming skills (Python, TensorFlow, web dev frameworks) are highly relevant in FinTech. Roles in product development, data analysis, or software engineering for financial platforms could be a great fit.
Data Analytics in Finance: Many financial institutions need professionals who can analyze large datasets to drive decision-making. Your math and CS background can be leveraged for roles in risk management, credit analysis, or portfolio optimization.
Investment Banking/Corporate Finance: While these roles are less technical, your finance major and programming skills can still set you apart, especially if you can automate processes or improve efficiency in financial modeling.
Equity Research/Quantitative Research: If you enjoy analyzing markets and companies, equity research could be a good fit. Quantitative research roles might also be accessible if you can demonstrate your ability to apply programming to financial problems.
Risk Management: Your math and programming skills are valuable in risk management roles, where you can model and predict financial risks for institutions.
Consulting with a Tech/Finance Focus: Consulting firms often look for candidates with a mix of technical and financial expertise. You could target roles in technology strategy or financial transformation consulting.
Steps to Focus On:
While Quant finance might be tough to break into from a non-target school, your unique combination of skills positions you well for a variety of roles. Focus on building a strong resume, networking, and gaining relevant experience to maximize your opportunities.
Sources: Deciding on quantitive majors/career path?, Programming/Technical Skills for Finance: SQL and Python, Finance Career Path & List, Q&A: CS/Finance Major -> Software Engineer, Programming/Technical Skills for Finance: SQL and Python
Debitis sed nihil non aut recusandae quidem cum. Odit rerum et minus sit tempora cum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...