Do you ever use your degree?

Did you ever use what you learned after school? I'm having trouble trying to care in school. Seems like I'll learn a lot on the job and nothing from my degree will be of any importance after graduation? Caveat is I think I'm learning valuable things in my extracurriculars and understand GPA is important.

 

I went to school for mechanical engineering and now work in finance. Therefore, I should never use my degree. However, it's constantly applicable in understanding the operations of companies and requirements in building. 

For finance majors, I see my friends use basic bond math and discounting cash flows. Simple, but you need to learn it somewhere. Also, writing papers in school is useful in learning to structure thoughts and ideas for pitches at work. 

You’re not going to use everything you learned in school, but there’s more applicable than you think.

 

IMO almost all the value of a business degree (this includes finance) doesn’t come from the coursework but from things such as alumni networking, professional development seminars, OCR, and the various business/finance organizations you can join for extracurriculars. Only a handful of roles I ever applied to asked for a transcript pre-offer. 

Array
 

A degree for the vast majority of white collar workers is just a right of passage (access to a network, experiencing independent living, access to career paths, personal challenge, extracurricular opportunities etc), most people don’t end up using their degree unless they’re in a licensed field or are an academic / teacher. 

 

Yes. I studied math. Advanced undergraduate level math or not-so-advanced graduate level math teaches you to think very abstractly about problems and gives you the ability to "model the world" using certain assumptions and hypotheses. On the other hand, the same old modeling caveat applies: garbage in, garbage out. Trying not to be that garbage math student. 

My co-workers studied physics, med, business, economics (double majored in econ), mechanical engineering, art history, computer science and all others. Sometimes people don't understand what "real logical thinking is" since there are basically classes as a math major that teaches you how to think logically. A lot of people don't understand this so they say hey this is not logical. Ironically, the reverse is usually true.

The few people that I know are good logical thinkers tend to be math, physics and computer science majors. The worst tend to be arrogant finance majors.

I'm not saying "finance majors", but arrogant finance majors. Sad thing is a lot of finance people are arrogant. I guess I am pretty arrogant too sometimes. Hope I could be aware of that. 

 

As a finance student, I would say that extracurriculars are the place where you learn most of your knowledge while your professors supplement that knowledge with their expertise and experience. Definitely don’t discount the value of your degree as long as you have really good professors, who are able to offer you even a little tiny tidbit of knowledge that you prob would have never known if you just studied by yourself. And that tidbit could prob deepen your understanding of the field into a more holistic manner.

Of course, the purpose of the degree isn’t to make someone an expert, but rather build a solid foundation for a student to pursue expertise within the field they want. Therefore, the ultimate learning does come straight from the job or in grad school, but you won’t learn as much as you could if you didn’t build a solid foundation straight out of college.

 
Most Helpful

I’m also an engineering major and focused a lot of my final year on learning CS skills. I’ve actually found the knowledge I learned in that last year around coding and learning how to organize a project actually fairly useful since a lot of my current work is fairly quantitative. Also being able to automate much of my workflow has been super useful so that I can focus on the parts of the job that require “thinking” (doing analyses of companies, writing papers, etc.).

I’d also say most of my finance knowledge came from work on the job and extracurricular activities such as the investing club I was a part of. But in general, my degree showed me how I should think about large problems and break things down into smaller more manageable parts. Also took Logic courses and proof-based math, which helps with logical thinking as Analyst 1 in IB - Cov above mentioned: I’m curious how those type of courses helped you. Of the courses I took in college, I honestly find my proof-based math courses (Linear Algebra and Probability) and Physics (Mech., E&M, Optics/Fields & Waves) courses among the least applicable, but some of the best at teaching me how to think. 

 

Quas quae rerum laboriosam voluptatem sit quibusdam blanditiis. Aut quia consequatur voluptatem voluptas occaecati esse. Tempora ut eveniet sint rerum. Non alias itaque provident pariatur maiores magnam doloremque. Necessitatibus reiciendis sapiente eos tenetur atque magnam. Dolorem nobis sequi neque dolores. Placeat odio possimus rem magnam commodi aut repellat totam.

Est provident et qui aut quis. In nostrum quia qui voluptate. Sed id non unde dolorem iusto. Ut hic voluptates autem dolorem voluptates. Ea animi sit eligendi distinctio vero. Sunt minima cum id eveniet quis.

Velit vitae quasi dolore repellendus rem. Quod eum debitis est velit. Omnis magnam quidem eligendi quo sit sequi. Voluptatum necessitatibus et iusto repellendus quaerat.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”