Best Minors to Take
I am wondering what the best minors or co majors are for a sophomore interested in investment banking? I am a finance major. I originally was going to do a 3+1 program where I would get my Master's in Business Analytics my senior year, however, I have decided to not do this anymore.
Now, I have my entire senior year available and have the option to either add a double major or two minors. I was thinking about business economics, accounting, or ISA since it is interesting to me. my other thought would be to reinstate my Master's in Business Analytics or to complete the MAcc program at my school (accounting masters during senior year, would make me eligible for the CPA but would also make my schedule very difficult).
Stem minors- enough business get some diversification like cs
I would echo cs/stem if you are interested and it won't tank your gpa. Otherwise I would personally do psychology or philosophy which could help your qualitative and interpersonal skills. I think understanding how people think (psychology) or forming arguments (philosophy) without going too deep is optimal. Or you could pursue a personal interest like nutrition or arts.
Based on the most helpful WSO content, it seems like you're in a great position to make your academic path even stronger. Here are a few options you might consider:
Business Economics: This could be a great complement to your finance major. It would provide you with a broader understanding of economic theories and how they apply to the business world. This could be particularly useful in investment banking where understanding the macroeconomic environment is key.
Accounting: This is another strong choice, especially if you're interested in investment banking. A solid understanding of accounting principles can be incredibly useful when it comes to analyzing financial statements and understanding a company's financial health.
ISA (Information Systems & Analytics): This could be a great choice if you're interested in the intersection of business and technology. It could provide you with a unique skill set that sets you apart from other candidates.
Master's in Business Analytics: This could be a great option if you're interested in diving deeper into data analysis and its applications in business. It could provide you with a strong foundation in data-driven decision making, which is increasingly important in today's business world.
MAcc (Master of Accounting): This could be a great option if you're interested in becoming a CPA. It would provide you with a deep understanding of accounting principles and practices, and it would make you eligible to sit for the CPA exam.
Remember, the best choice depends on your career goals and interests. Consider what skills and knowledge you want to acquire and how they align with your career aspirations. Good luck!
Sources: Best Undergraduate Double Major at a Non-Target B-School?, Majoring in Wall Street?, Advice: What Minor or Major is Most Valuable?, Potential Majors for Investment Banking?
Just another student’s thoughts… but can you graduate a semester early? From what I’ve seen a minor may not be worth the time/money depending on how much you’re paying and how you enjoy college
Not to be a hater but I generally don’t recommend this. Lining up with standard recruiting timelines is incredibly useful for the types of jobs people want on WSO.
If he doesn’t take a minor or second major, I’d just stuff his schedule with fluff and fun classes to boost GPA while on the internship/job hunt.
I went with culture and language studies as my additional major and minor and it served me well. I was very interested in the material and learning additional languages, so would advise you follow your passion.
General answer to question depends a little on what your major is. Since you’re finance, I think a lot of what applied to me in economics will be relevant to you.
I was personally economics and a statistics minor was a solid choice to signal some level of quantitative skills. With Econ or business, I would encourage statistics, CS, math and choose whichever you think will hit your gpa the least compared to taking fluff. Statistics is often a relatively easy choice if you’ve already taken calculus 1 & 2 and at least one statistics based calculus class. At my school all I had to take on top of what I already had was calculus 3 and a couple more upper level statistics courses to pick up the minor and it is similar at many others. Also generally helpful for employment with how at many schools economics doesn’t require as much math as it should.
Anything that has a mix of communications/advertising, data organization (tableau + crm) and technology (ai applications ). I say this because those mix incorporate some transferable skills or a great base for logistics and day to day shit that’s never actually taught in school yet Is a big reason reason entry level people have a harder time…people don’t want to train the basics.
Or really something unrelated you care about to be honest.
I took a language minor and it significantly boosted my GPA.
Jeffrey Epstein has entered the chat…
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