Should I take these finance classes at Columbia undergrad? Waste of time? Advice please!

At Columbia undergrad Econ, we're allowed to take financial engineering classes and count them towards our electives, many of which are actually shared in the Masters of Financial Engineering dept (so we're taking it with grad students).

I was planning on taking some of these classes (all counts towards Econ degree):

  • Financial Accounting (part of Columbia Business School)
  • Stochastic Processes for Finance
  • Discrete Time Models in Finance
  • Theory of Interest
  • Intro to OR: Stochastic Models

Again, many of them are shared with grad students, so imagine the curve there. I don't think it will be an easy A but assume I do B+ or above in any of them, would they look good for ibanking? I'm NOT going quant...just ibanking.

Or would they make no difference and just be a waste of time/effort/GPA?

Any advice would be appreciated! Also, anyone have experience with any of those courses!

 

There's an article on M&I about these type of classes (how quant you should go) and from what I remember he says that one should stick to the classes they will get the best grades in unless they are directly going to help in IB. Do you enjoy the above courses? If not, do something easier.

 

Besides the first course you listed, all the others are very quant heavy. There's a reason why a majority of the FE students are French and Chinese. I would not recommend you take those. Financial accounting is an MBA core course so you won't be able to take that.

Best finance prep at Columbia should be:

Intro to accounting and finance (not sure if they still offer this) Corporate finance (econ department) Any higher level probability and stats class

In other departments Industrial economics (IEOR) Financial statement analysis (bschool) Advanced corporate finance (bschool) M&A (bschool)

 
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