Hello all. I am a first-year student majoring in Industrial Engineering (Concentration in Economic and Financial Systems) at a non-target school, which happens to be ranked very highly in IE. I am trying to figure out a solid degree plan for when I will be applying to finance jobs in the future. The goal is IB/PE/VC in a quant role, such as a Quantitative Researcher. I'm also open to the possibility of starting a career in Management Consulting or Tech, but I don't know much about those fields. I would like to ask for your help in choosing which degrees to best break into this quant field. I
24 Nov 2021
Dear Recruiters, Masters students (past or present) & fellow forum users. I need your advice! I have just graduated with an 80%+ BSc in Economics at an above-average (but nothing special) University in the UK. I was accepted onto the MSc Investment & Wealth Management masters programme at Imperial College London, which at first I was delighted about but now I need opinions on a couple of things which are keeping me up at night. I decided to defer the masters until next year. This was due to wanting to gain a year of industry experience (with the intention of landing internships at boutique IB
25 Aug 2021
What are the employment opportunities in IB and management consulting like for Berkeley economics major? How competitive are they, and how inferior are they seen compared to Haas business majors? I've seen a few forums where people say that econ majors get plenty of opportunities, but I was recently looking at the Berkeley econ major employment report and there were very few people who actually got investment banking jobs. Can anyone shed some light on this? Also, what kind of jobs DO Berkeley econ majors typically get? I'm thinking about going to UC Berkeley, but i've only been admitted to
25 Apr 2021
Sup. There's a whole lot of mess over here on the topic of undergrad programs for IB at Columbia. In particular, I see the repeated discussion of EconOR, FinEngOR of SEAS and Econ of Columbia College. So.... Does EconOR still exist? I tried to look up, but couldn't find anything. Which one is most valued by the bulge bracket: FinEngOR or College Econ (or EconOR)? And finally, won't attending SEAS make me a nolifer compared to a College student? Thanks in advance P.S: might be a wrong forum, advice me if this question was irrelevant
02 Dec 2020
Hello everyone, My first post on WSO. I am hoping to get into investment banking in the future . Therefore, I am planning to apply to University of Warwick and currently struggling with the course choice: Accountancy+Finance vs Economics. I have relevant "work experience" (mostly just insights) with Finance and Accountancy but nothing with Economics, so that might a problem in my personal statement (or not?). Also the entry requirements for Finance and Accountancy are AAA, however for Economics is A()A()A which is a big factor. What is your opinion on this situation? Thanks in advance!
03 Sep 2021
If you declare a major in XXX, get the internship but then realize that it isn't feasible to major in it, then turn the major into a minor, do firms care about this switch? Don't want the firm to think I am lying or anything. Any advice is appreciated! Thanks.
09 Nov 2021
Hello, I'm currently a rising junior (majoring in finance) at a target business school. A lot of people get placed in IB especially. The school also has an econ major that I'm considering, but it's outside of the business school and not as prestigious. Recruiters mostly focus on the business school, but the university has a lot of prestige overall so the name is worth a lot, especially in the area. I'm currently a finance major and I originally wanted to go into IB on Wall Street and later PE, but I'm not sure if I'm on the right track anymore. I underwent some personal issues that were
02 Jun 2017
Hey guys, I know that there are plenty of posts asking for advice on double majors, but hopefully my situation is unique enough to warrant a new post. I'm a junior in economics at Penn State University Park with a 3.3 GPA that I think I can reasonably raise to a 3.4 by the end of the year. I'm on track to graduate as a junior this spring, but I'm concerned about my GPA being on the low end for wall street and each of the firms I've talked to have said that I need to apply for full-time positions rather than internships as I don't have a year of college left. My freshman GPA was really bad
31 Oct 2017
Good Day, I am entering my 4th year at St. Francis Xavier University looking for some ideas for my honours thesis. The thesis must be in economics but I would like to relate it to Investment Banking or Financial Markets somehow (I'm actually a joint honors student majoring in both economics and business- specifically finance). Anyone have any interesting ideas? I was thinking something to do with the future of financial regulations or how exchange rate relationships are changing with the introduction new products such as BitCoin and growing foreign economies. I'd like for it to be more on the Macro side and not based on building a large complex model.
12 Jun 2014
*Lets get this straight, if you aren't going to university to become, a Engineer, Doctor, Accountant, or any other degree that gives you a job in your field, then you are just wasting your time. * Majors such as Philosophy, History, Sociology etc are all useless, and you can learn those on your own if you really wanted to. Don't go $120k in debt because of that. **If you major in business or economics and get a job in Investment Banking because that is what you wanted, then it isn't useless, BUT if you go to a school that isn't even ranked in the top 30 and major in business because you want
12 Oct 2017
Not sure how many people ask for advice about undergrad programs but I'm pretty desperate for advice as the deadline to commit is approaching fairly quickly. Right now I'm into Hobart college and University of Maryland (for finance). I've been waitlisted at UMichigan, Colgate, Colby College, Hamilton College, and UVA, all of which I'd accept if I was invited in off the waitlsit. My goal is to get into IB after college and then an MBA. At Hobart I'd likely be an economics major, at UMD I'd probably double major finance with econ or another liberal art. Both are non-targets obviously, but are
27 Apr 2015
This is my first post on WSO, so I apologize for any naiveté. I am currently a senior in high school and have just received my final admissions decisions. Out of the schools that I have been accepted into, I am deciding between Penn (CAS) and Georgetown (McDonough). While I know there are numerous equally (if not more) important factors that should contribute my decision, I would like to better understand the career implications that this decision has. For the sake of this post, I am assuming that I will be unable to make the internal transfer into the Wharton School although I will try. If I
01 Apr 2015
Hi, I will be attending Harvard next fall (class of 2015) and am thinking about what concentration I'd like to study. I am thinking about Biomedical Engineering or Econ. For my future plans, I would either like to go to med school or try to break onto an PE/HF on Wall Street.
27 Apr 2011
Here's my resume, guys. Just finished my junior year at a non-target in the Midwest. http://www.razume.com/documents/26050 I need to know how to get more finance exposure. Yes, I know cold-calling and all that, but how should I phrase my past experience in terms of relevance to finance? I might take the CFA 1 this winter but I have to prepare for GRE too (econ grad school a possibility) I'm currently doing research at a defense contractor. Did research at my school. Worked at a large IT consulting firm; our team's client was a Big Three automaker. Worked at a Chicago start-up, worked with Kellogg grads.
12 Jun 2012
I attend University of Illinois Urbana-Champaign as a sophomore and have decided to go towards the business route. I am interested in stocks and have recently been reading books about the stock market and find myself more interested. The only two possible directions I can go is get a BA in economics or a BS in Agriculture and Consumer Economics with a Financial Planning concentration. Which degree would be better for recruitment? I plan on getting into the finance industry and potential be a financial adviser. Even thought Agriculture and Consumer Economics has a Financial Planning
23 Dec 2011
Hey guys, so there is this knew thing for Princeton's Woodrow Wilson School where it will become non selective. http://www.princeton.edu/main/news/archive/S30/34… Even though I know coming from a HYPS it really doesn't matter what you major in as long as you show some interest + good GPA, would it really matter if you majored in Woody Woo vs Econ? I am more interested in Woody Woo and it seems more well rounded, and a lot of people who major in it end up in finance, but would one have any advantage over the other? Also, I'm pretty sure you can get a certificate in finance in either one, correct me if I'm wrong, but I would do that too.
22 May 2012
I go to a Canadian University, UBC. One of the big 3 universities in Canada along with McGill and UToronto. 4.0 GPA, economics degree, probably a minor in business. I want to have the air cleared on a few things: 1) Breaking into finance: the idea of not getting a graduate degree is so strange to me, and I feel wary about getting a job straight out of undergrad in business. With an Econ degree and being from Canada, will I even have the option of getting job offers at US IB firms?
19 Jan 2011
Hi, I will be attending Harvard next fall (class of 2015) and am thinking about what concentration I'd like to study. I am thinking about Biomedical Engineering or Econ. For my future plans, I would either like to go to med school or try to break onto an investment bank on Wall Street.
27 Apr 2011
Ok...So what do I do. I currently go to Rutgers University and study Finance and Math. I got accepted transfer to UPenn Cas-Econ. My options are as follows... UPenn- Econ - 58k of debt total, payments look to be $700/month for ten years. Rutgers - Finance & Math - No debt or I could change my major and still graduate on time to either Rutgers - Comp Sci & Math or Math & Econ - No Debt. So pretty much do I finish Rutgers for free or do I pay roughly 84k over 10 years to go to UPenn for Econ and hope to improve my chances of making it on the street? What if I did a tech degree at Rutgers like
24 Jun 2010
Hello everyone, I just recently got accepted into the economics program at the University of Texas at Austin. I applied for external transfer admissions to McCombs but did not get in. My question for you all is should I study economics at UT (decent brand but won't be in the business school) or study finance at Cox Business School (already been accepted here, trying to get into the Alternatives program)? I could still pursue internal transfer admissions to McCombs but thats still no guarantee, what do you all think of these two options and majoring in economics in general?
11 May 2015
Hi all, I go to Boston University and currently major in a mix of economics, mathematics, and computer science. My current GPA is exactly a 3.85. As some of you may know, Boston University offers an undergraduate program in business at its School of Management. In terms of breaking into Wall Street, investment banking, and future career outlook should I remain in the College of Arts in Sciences majoring in econ, math, and comp sci or switch over to the School of Management? I prefer the College of Arts and Science over the School of Management because I eventually want to get an M.B.A. from a top ten school. Any advice or insight you have to offer would be greatly appreciated. Thanks!
05 Apr 2011
I will be a freshman at Cornell ILR. When I applied for the program, I thought that it would be the school for me since it was part business and law. However, the focus of the major will be on labor related topics. Even though I will be allowed to take business-y classes as an upperclassman, I am certain I want to to go into into investment banking and closely related fields. Then bs-school eventually. I want to have the major that the recruiters/ interviewers look out for more often than others. From there, I'll keep my extracurricular/ internships/ gpa in check to level the playing field. Can I transfer in to CAS for econ after the fall semester, and not have to finish the year at ILR?(possibly double major with gov't / political science)
16 Jul 2010
Hi guys, I have been watching/reading the forums for a couple of weeks and I finally decided to make an account. I was looking for some advice regarding IB. I am currently a CS major at a top 10 CS program in USA. I recently got an offer from JPM for a summer intern position as an application developer in New York. I have been researching JPM among other banks and I was wondering if anyone can point me to some resources which can help me get a better understanding of these Investment Banks(how they work, different sectors, different roles/positions etc). I am particularly interested in books, articles, magazines.
09 Mar 2012
Hi everyone, I am a high school senior who is most likely going to be attending the University of Western Ontario this fall and pursue the Honors Business Administration degree from the Richard Ivey School of Business. As many of you know it is a second entry program which you can enter permitting that you have maintained an 80% average and have strong EC's and it strongly encourages dual degrees. I have been accepted for both the engineering and social science (economics) faculties as well as been given conditional acceptance to the business school and I was just wondering what everyone thinks would be the most beneficial program to study before entering the business school and get a dual degree in?
22 Mar 2014
Sorry if this question has come up a bit, but I'm at an important point in my development where I'm applying to target schools to get better recruitment. My heart is in trading. I feel that mathematics and economics relate to trading and/or quant roles more than any business major. And they are also extremely interesting to me. Am I correct in my beliefs? It will also be much easier to transfer into targets as Math/Econ vs. transferring into top undergrad b-schools Real important to me right now, as app deadlines are within the next 2 weeks. Thanks in advance fellas
13 Feb 2012
I am currently a sophomore at a non-Ivy target school, and my main interests are finance and tech. I have not declared a major at this time, because that is done after the second year at my school. I have already taken some business/lower-level finance classes, some economics classes, and have some background in programming. Ideally, I would prefer to double-major in finance and computer science, but due to the classes that each of these majors require and some other factors, I am not able to double-major in these two areas. However, it is possible to major in economics and CS. My dilemma
25 Aug 2016
I'm going to a big three ivy, and am wondering what would be better to take for ibanking: I can enroll in the engineering school and take Operations Research and Financial Engineering Major, or simply take an Economics course. The engineering course is probably more difficult, and thus would look better on a resume. Especially because Financial Engineering is a more pragmatic approach to finance than Economics is. The downside is my GPA might take a hit, because engineering is more difficult and my competitors are smarter. Thoughts?
18 Apr 2011
Hi everyone- I'm a sophomore at a non-Ivy, well-regarded, small & econ-focused liberal arts school. I am looking to go into investment banking or equity analysis, but am struggling to find my focus/passion in college courses. I currently have a 3.4 GPA as an economics major, and am looking to boost that. I do have some great experience in finance under my belt, which may help me in recruiting. However, is it worth switching to a history degree (which might get me better grades) if it means sacrificing an economics education at one of the best Econ schools in the country? tl;dr is a mediocre
05 Apr 2016
I graduated with a degree in Economics. My program was straight Economics with no accounting or general business classes although I did take an International Finance and Money and Banking class that was offered through the Econ department. Am I at a disadvantage by not having these basic accounting/finance courses? Finance is something I've always researched and kind of taught myself so I feel like I'e made up for it in a way. Accounting is kind of common-sense unless you get really in depth and want to sit for a CPA. Should I go back to school and take some accounting/finance to accelerate my
21 Oct 2014
Hey all, first time poster here. I'm an undergrad at Ohio University, a double major in Economics and Philosophy. I recently picked up the econ major after I decided law school might not be for me, so I have a relevant degree to help make me more hirable. I'm going into my senior year right now, although I will be a 5th year. A little background on my college career - I came in as a music production major, and saw no money or job prospects in it so sophomore year I switched to philosophy with law school hopes. Before I made this switch, I had little academic motivation and had a GPA of like a 2.3 after freshman year. I'm now up to around a 2.9 and haven't gotten below a 3.0 since I first switched.
24 Jul 2012
I am a rising senior and an Economics major with a focus in Finance. This summer I will be doing a JPM internship in NYC. I'm wondering as I prepare to enter the industry, what type of market I might want to focus? I am extremely well versed in tech markets, and also have a background in the insurance industry. Last summer I interned at MetLife and got my Life and Health Producer Licenses. Is this something that could be used to my advantage in the Finance industry/something that is attractive to employers? Is it typically a good idea to gain a firm grasp on one sector of the markets, i.e
10 Nov 2010
Hi everyone. I am currently job hunting for available positions in finance and wanted to know if I might be useful in an equity research position. I am also looking into it from a newbie perspective, so I'm not quite certain where I should be looking to break into equity research (outside of the BBs of course). A little about myself: I am a triple major in econ, stat, math from a big ten university. I've just completed a two year research contract with a top tier economics institution. I'm not sure how much equity research is interested in economics knowledge per se, but I definitely have my research chops in order. Also, I am not sure how much being two years out of undergrad will help/hurt me.
24 Sep 2010
I am applying for undergrad schools and have been selecting economics as my declared major. If I want to work in M&A or more generally, IB, should I select econ or finance? I intend for VC to be my exit strategy. I know I will have comments saying I am too young to sell myself away to one of the aforementioned careers, but I know what I'm capable of achieving. Thanks for any and all advice.
18 Sep 2014
Hi guys, I'm a high school senior EDing to Columbia. I saw that they offer an Econ-math major (think it's different from a dual major), and was wondering if anyone knows how it's reputed on the street, esp for global macro funds and prop firms (I know! Very different). Thanks!
22 Oct 2020
People often say that studying economics is excellent preparation for a career in finance and the business world in general. Is this really true? I've taken introductory courses in micro and macro, and they are nowhere near as useful or relevant as my finance and accounting courses. Maybe I need to take some higher level courses, but I fail to see how economic theory (utility maximization, demand/supply, labor markets, etc) is relevant to the world of finance.
24 Apr 2012
I was sifting through the web and found the average computer science graduate salary to be a lot lower than an ACA or an investment analyst. I'm entering uni in September. Doing computer science from a VERY elite university, or getting a BBA from an average university - which would be a more profitable investment?
11 May 2015