Math required for Financial industry?

Gonna have to go through Calc 1, 2 and Linear this year so I was wondering, are there any jobs in finance that even use calculus level of math or higher?

When I say jobs in finance, I'm referring to people who major in finance/business and not something STEM-related. (This excludes quants as they're closer to engineering/CS than finance and require a post-grad degree in a STEM field.)

How much math is required in IB, PE, AM, RE? I'm assuming basic algebra at most and arithmetic at least but then again I'm not in the industry.

 
Mostly Random Dude:
Stats are very helpful, both in finance and in life...

Agreed. more stats than anything else in AM. Explaining underperformance is a part of almost every AM job. (Nobody ever has to explain outperformance, they just want you to keep doing whatever you're doing to outperform)

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 
Most Helpful

Quo quia aut reiciendis qui. Similique voluptas quos reiciendis sint nulla. Aperiam perspiciatis dolorem natus dolor et.

Asperiores nam maxime hic voluptatum incidunt et at vitae. Quis qui impedit est sequi.

Inventore voluptatibus rerum dolor sed autem id velit sed. Aut adipisci sed id aliquam.

Nihil in consectetur alias. Necessitatibus voluptas nobis illum nemo eveniet voluptates non. Aut deleniti hic omnis. Voluptas asperiores saepe exercitationem sit pariatur eos.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
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...”