I'm thinking of doing a dual degree at the U Pennsylvania in computer science bachelor of applied science and Wharton finance. I plan on doing S&T at some BB. A dual degree is really hard though. Is this combination worth the work? Will interviewers favour me because of my proven work ethnic? If not, which single degree should I choose?
Finance Computer Science Double Major For Trading?
Generally speaking, our users shared that getting a double major in computer science will be helpful in pursuing a trading career as programming will always be valued in the business.
I think it is absolutely worth it. Since you go to Wharton, you are almost guaranteed some S&T offer provided you don't screw everything up. The computer science double major (or at least a minor) could help you get an S&T offer, but it's true power is allowing you to pick your group. A lot of guys are always looking for CS, and I know many people who got offers from certain groups or switched entire product groups simply because they had a CS background. If I could go back, I would take a Finance/CS double major.
User @chubbybunny shared that you should only do CS as a major if you are truly passionate about it:
If you're doing CS for the sake of recruiting, then don't, it's not worth it. Especially if you are already in Wharton, then killing yourself by adding another major (10 - 12 courses) is not worth it since you will land S&T interviews regardless of whether you double majored or not. As for the dude at UMich Ross, double majoring with CS or Math would be beneficial for you - it'll definitely let you "stand out" among the pack if you know what I mean.
Remember that for flow trading (ex. BB S&T), 90% of the programming you will use is going to be VBA, everything else is just icing on the cake. And in terms of choosing desks etc. that'll be more dependent on your math/stats background (ex. stochastic calculus/processes) than on your programming abilities although it won't hurt. You'll mostly be using the models that the quants (PhDs) have already created so unless you are aiming to become a quant (in which case you should be aiming for a PhD), then a computer science major isn't going to help you much in terms of what you do on the job.
If you're interested in quantitative shops like D.E. Shaw or Citadel, the computer science aspect will definitely give you a leg up. If you're not, computer science and finance is still a strong combination that'll get you looked at by many places (provided your GPA is up to par). In the end, just realize that there are Wharton kids that struggle with the finance curriculum alone (and CS kids that struggle with the engineering curriculum alone), so you should think about whether you're up for the additional work and whether you're able to maintain good grades in such a program.
Check out a video below discussing the pros and cons of getting a double major or minor while in college.
Read More About Computer Science Degrees on WSO
- Computer Science and Banking - Finance major with computer science major
- Computer Science/Business or Cognitive Science/Economics w minor in Computer Science
- Computer Science Major - Great School, Crappy GPA
- Computer Science major for HF?
- Undergrad: Is computer science 'hotter' than a business degree?
Preparing for Investment Banking Interviews?
The WSO investment banking interview course is designed by countless professionals with real world experience, tailored to people aspiring to break into the industry. This guide will help you learn how to answer these questions and many, many more.