Choosing a Minor To Go With a Finance Major

I am interested in trading, not really sure what type of trading though. I have just started reading a few basic trading books. I am a finance major at a non target and I have time to pursue a minor. I have narrowed my choices down to a minor in agribusiness and management, a minor in agricultural and Applied Economics, a minor in computer science, a minor in consumer economics, a minor in resource economics, a certificate in computing, or a certificate in computer systems engineering. Any help would be greatly appreciated.

Most Useful Minors for Finance Major

While several of the listed minors would be helpful in the trading profession, our users almost unanimously believed that computer science would be the most useful with math as a good alternative.

protectedclass:
Take whatever CS courses you have to take in order to get to the Algorithm and Data Structure course.

SamChappelle:
From the list you posted, I'd recommend minoring in computer science. The logic behind computer science is useful, and you'd probably learn a language or two, and, if not, you'd be able to pick one up very easily post-graduation. A minor in math would also be really useful if you plan on going to graduate school.

However, some users shared that you should major in something else that you are interested in that would make you a more well-rounded candidate.

firefighter:
People want kids who have second majors and minors in non-finance subjects because they are more well-rounded/interesting/whatever. Personally, I would take a kid with a double major in history and poli sci over a finance kid, all else equal, because they're probably more interesting to talk to.

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If you're unable to do math as a minor, do comp sci. Something quant-y shouldn't hurt, no?

"When I was young I thought that money was the most important thing in life; now that I am old I know that it is." - Oscar Wilde "Seriously, psychology is for those with two x chromosomes." - RagnarDanneskjold
 

From the list you posted, I'd recommend minoring in computer science. The logic behind computer science is useful, and you'd probably learn a language or two, and, if not, you'd be able to pick one up very easily post-graduation. A minor in math would also be really useful if you plan on going to graduate school.

 
Best Response

I almost did a minor in sociology and found the classes to be easy A's. But I know some people who seemed to do surprisingly bad in the subject.

Ask upperclassmen at NYU who are doing those minors. It's going to vary school to school and teacher to teacher.

Also remember, GPA matters but have fun. Once you graduate, you'll never get the chance to live like an undergrad again.

Finally, networking is more important than your minor or grades to a degree. If you make a god impression during your internship, your boss isn't going to extend the offer to some anonymous guy with a GPA that's .3 higher than yours. Just meeting people in the field and letting them know (or finding out for yourself) what your interested in will give you more opportunities than what your minor is.

 

seriously though, no. in fact I've heard the opposite: people want kids who have second majors and minors in non finance subjects because they are more well rounded/interesting/whatever. Personally, I would take a kid with a double major in history and poli sci over a finance kid, all else equal, because they're probably more interesting to talk to (disclaimer: JUST ME THOUGH)

NYU has a fantastic philosophy department from what i've heard and you would be doing yourself a huge disfavor not to check it out

 

No. The problem is that we don't know what a minor means and even if we did, there's nothing to say you got all CS in your minor courses and balanced it out with As in your major coursework.

A double-major does make a difference in some cases. Adding Engineering or Math to Finance adds a lot of quantitative depth; adding finance or Econ to engineering overcomes some stereotypes (though adding conference basketball overcomes a whole lot more.)

 

Marketing is smoke and mirrors. CF is boring.

I'd take CF if i had only those two options but try for something fun. Again, this is coming form a Econ/Fin double major. That extra effort of mine was not worth shit compared to a little networking.

Pick a schedule that will let you find a part time internship if you don't care about partying. Work experience and networking trumps everything.

 
Victor252:
Marketing is smoke and mirrors. CF is boring.

I'd take CF if i had only those two options but try for something fun. Again, this is coming form a Econ/Fin double major. That extra effort of mine was not worth shit compared to a little networking.

Pick a schedule that will let you find a part time internship if you don't care about partying. Work experience and networking trumps everything.

I had to choose between 5 options, because those were the only ones in english, so i've put marketing as my first preference because I think it will allow me to have more time besides uni + there's possible overlap with my major(finance).

The marketing program includes pitching ideas to real companies, classes on negotiation skills and a teambuilding weekend.

I'm also doing a strategy consulting project besides my minor. I just want to get some experience there, so I'm doing as much as possible(within reason of course)

 

Minor has almost no impact. Take whichever minor you'd like -- definitely don't do it to better position yourself for an IB career.

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That depends - what are your two majors?

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 

I have a friend at UTexas. He is a 7th year bachelors student who thinks he's so cool because he has literally 5 minors, 2 majors, 2 bachelors.... He doesn't realize that all that shit adds up to nothing because it's just paper. He's never left the country, never learned a language, never had solid internships with reputable players in his field of interest.

I highly recommend to leave the country, travel and do a reputable summer school program (LSE Summer program is a 3 week, intensive 1 course program: good example of what I'm talking about) and do some backpacking before and after. During interviews, your interviewer will ask you about it, you can actually have a conversation with your interviewer rather than talk about your extra minor.

Best of luck.

 

Unless you are paying yourself and want to save money and work instead, don't graduate early. An easy final semester, or one where you tie up a minor is a great idea. Remember when you join the real world all of those college fun times change. You have to get up at the same time every morning, can't binge drink 4 nights a week, and work 100 hours a week (that is if you get into a banking job). Anyways you're a sophmore, study abroad, take some more interesting classes, you might not get into everything on schedule and need the extra semester anyways. Come back and ask the question if you're still confused first semester senior year.

--There are stupid questions, so think first.
 

If you have a job, absolutely forget the minor and go travel. Get an apartment in Austin so you can hang out with your buddies but take the money saved on tuition to go backpacking for a month or something. I honestly found that the more I talked about things I had done outside school the more interviewers liked me, and the less likely they were to ask brutal questions. When I didn't feel it clicking I got the tough questions I think.

 

The advice that has been said is good. Forget the minor, it doesn't add any value to your resume unless its one of those specialized minors that are very selective. You have two pretty good options for the semester. You can travel, which is something I really wish I could do before becoming a banker. I think it will definitely help with your sanity later on. The other, and more practical option is breaking up your courseload so you have it a little easier in your toughest semesters. This will boost up your GPA and give you some extra time to focus on extracurrics, recruiting, etc. I'm also planning on taking some classes that I was always interested in as a pass/fail - advanced public speaking, psychology, literature.

 

The Business Honors and Finance major kind of coincide, so it won't be hard to complete. And from what I heard BHP really gives an edge to UT kids during recruitment.

But thanks for everyone's opinion, I really appreciate it.

 
TrialandError:

Your CS minor would only be helpful if you're planning to get into Haas MFE

If he hasn't done a CS or Math major in the first place, then he will not be allowed into MFE.

OP, please specify your major. If you're undertaking a business major, then it is just not worth the CS minor.