Will a Triple Minor Do More Harm Then Good?
Dear Fellow Monkeys,
I just finished my freshman year, so honestly, I am still unsure of exactly what I want to do for a living. But my goals as of now is to get a front office job at an Investment Bank, with the intentions of working for a hedge fund later on. I am still unsure what type of trading I would get into if I did get to become a trader.
With that said, I am an oncoming sophomore at a non-target school, definitely majoring in finance. I am planning to triple minor in Economics, Statistics, and Computer Science (which I can complete by the time I graduate), but wanted people's thoughts on this while taking into consideration my future career plans. I know this has the possibility of making me look as someone who knows little of everything or someone who doesn't know what they want to do thus is a very confused student... What are your thoughts? More harm then good? Do employers even consider minors?
-ikiq
Yes - it'll do you more harm then good. Just think about what you're going to say in an interview when asked, why three minors? why not two majors / one minor / etc? Even if you can proficiently answer this question your time can be used better double majoring and taking a wide variety of different classes and NETWORKING, especially coming from a non-target
No one cares about a minor, much less three of them.
Agree with dream monkey... also that time spent during an interview asking why you have three minors could be better spent getting to know why youre not a complete jackass and actually a prospective hire
Dear Fellow Replied Monkeys,
I can easily do a double major in finance and economics with a minor in statistics, but I feel the double major with economics is dry, repetitive, and common. Well this is very true especially for my school since the business school branched off from the economics department (which makes many courses similar). So my plans to minor in economics allow me to really focus in on the key courses such as econometrics and avoid the repetitive dry elective courses involved with a econ major. Different explanations go for statistics and computer science, but overall, now my main concern is, is it true that employers don't care what I actually learned from school so would look down at minors, perhaps not even consider them (even though each minor can really supplicate for a possible trading job since some involve use of programming, statistical analysis/methods, and a common sense of the economy)?
I'm really planning to triple minor in those three specifically because I believe it will help me become a better personal investor myself, thus more knowledge about personal investments/strategies, thus inevitably leading to good interviews since I will really know my shit. Thoughts?
-ikiq
Given the large overlap between 2/3 pairs among those 3.. not a deal breaker.
You won't learn enough statistics in a minor for it to be of much help, hell you won't learn enough statistics with a major for it to be of much help. To really get in-depth with statistical knowledge (ie knowing quite a bit more than you want a high adjusted r^2 value in you model) you really need graduate coursework.
Not saying you shouldn't try to learn more in that field but just know that you will just barely even be scratching the surface.
It does not matter. If you do 10 minors instead of 1, it still does not matter to your recruiters. What they care about is your story. If you can connect all three minors cohesively in your story during your first round interview then it is worth listing them all on your resume. If you cannot, it is worthless and may send the wrong message to recruiters.
This is all meaningless if you do not have a great GPA coming from a non-target trying to break into banking. It is totally insignificant and secondary to the rigor of your academics. So if I were in your shoes, I would do the three minors if I can explain why I did them in a constructive way to an MD on my superday.
Hope this helps.
Dear R2 equals 1 and sankya09,
Your comments are really helpful; deep insight into what I'm getting myself into.
Much Love, ikiq
Bill Chen triple majored in Math, Physics, and Computer Science at Washington University in St. Louis. He later became a World Series of Poker finalist, winning $1,000,000. Now he's at the statistical arbitrage department at Susquehanna. Then again, that guy is a beast.
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