language in college

Hi. I've heard that for many careers being skilled at multiple languages is a big plus. I'd imagine for i-bankign, with more work in emerging markets, knowling languages would be a plus. However, I've also heard that most finance work is in English as far as a US resident/graduate would be concerned, and other languages doesn't matter. First, how much emphasis should i put on language? As well, I still want to take a language in college, but, do you think it would be beneficial to thoroughly learn one language or gain good abilities in 2 or 3 languages (all excluding English)? Any input would be appreciated.

 

i dont think foreign language is THAT important. i think you'd be better off using the time/units to take some extra finance/accounting classes, unless of course you are already a finance/accounting major.

if you put too much focus on a foreign language and not enough on more relevant classes, banks might be inclined to ask "ok, it looks like foreign language was a big part of your college coursework, why would you want to pursue banking?"

banking is very much about communication, especially at the higher levels, but being that 99%+ of business will be with english speaking ceos (given that you're planning to stay in the US), i dont see the need to stress foreign language as a top priority.

 
Anonymous Monkey:
Hi. I've heard that for many careers being skilled at multiple languages is a big plus. I'd imagine for i-bankign, with more work in emerging markets, knowling languages would be a plus. However, I've also heard that most finance work is in English as far as a US resident/graduate would be concerned, and other languages doesn't matter. First, how much emphasis should i put on language? As well, I still want to take a language in college, but, do you think it would be beneficial to thoroughly learn one language or gain good abilities in 2 or 3 languages (all excluding English)? Any input would be appreciated.
knowling languages is a big plus, especially the grammar and spelling components. The only time that someone cared that Escribi hablo espanol en mi resumen was when I was applying for an internship at a Latin America focused boutique. But since it was only for an internship I don't think it mattered a whole lot
Making money is art and working is art and good business is the best art - Andy Warhol
 
Best Response

It depends where you want to work and what you want to do. I'm from the U.S. and I wanted to do business in China, so clearly I spent 90% of college busting ass to learn Chinese. That said, if you're happy to stay based in the U.S. I don't see much reason why you'd spend your time learning a second/third language. While it's nice to speak multiple languages, it's extremely time consuming to gain proficiency/fluency in any language, and if your goal is going to wall street there's zero question your time would be better spent on something else (getting a 4.0, doing internships, etc.). Language classes will lower your grades (almost definitely) and consume a huge amount of your time. It's a commitment and it shouldn't be done as a "resume builder" because it's not a good time vs. value proposition.

 

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