UIUC is a good back- up, and DePaul has a new program that is gaining some respect, but they are definitely second tier. No degree will make or break you as a trader. Don't do some something quantitative if it is going to wreck your GPA. Try building a bond analytics calculator using model/view/controller that spits out duration, convexity, and dv01 for a plain vanilla bond. equivalent martingale measure? And the compiler would tell us we had made five spelling mistakes. In other words, I think majoring also in Statistics may make (a bit of) competitive advantages over the competitors. Undergrad Double Major? First, you should research these careers in depth and figure out which one appeals to you the most, and then tailor yourself to be a competitive candidate for entry-level positions and recruitment. (entering last year of school). OP: PE funds, L/S HF), then accounting would be very helpful. If you want to work in Capital Markets, or IB/PE, an accounting degree does not provide that much value since you don't require tax knowledge, or advanced financial accounting theory. However, I have the option to add a math major and still finish on time. Perhaps capital budgeting classes, or forecasting, and other finance classes of the non-capital markets nature could help you understand the importance of time value of money, but Finance and Economics aren't as prevalent for those who work in Corp Fin. If you are going to do IB, then Math is a waste of time. Study.com, 12 Sep 2019 published. With that being said, statistics are boring. it will take you a whole lot of studying to beat the curve in math, much more so than finance. I'm not sure if that should encourage me to try harder courses or the other way around. Investment Banking: Economics. I would like to add another major as I would like some versatility when looking for a job in the near future. "When you stop striving for perfection, you might as well be dead. Good double majors for a finance major include accounting, marketing, and other business-related majors, although other options could also serve a similar role. Computers and money... can't go wrong with either. They are at best a basic foundation upon which you can lay everything else. sci is notorious for being very difficult) on the other hand I enjoyed learning about economics for a while now. If you land in Chicago, U of Chicago Fin Math is the program that you will want. While "Intro to Statistics" was a prereq for the class, even after numerous in-class examples students were oh so often unable to calculate even a mean or a standard deviation as first step to solving the questions on the exams. To the OP - Check out this thread I made: Accounting, and if you can take a minor outside your business school (which many programs allow) I highly recommend an Economics minor on your finance degree. science classes to achieve a 4.0 GPA, then transfer. Talking about this makes me regret taking the class...my teacher was good and it wasn't her fault, but I definitely could have used my elective credits on something I found more interesting. Nemo, a science major does give you a good quant background, but I'd say computer science is better. If anyone has had a similar path, please share your opinion. A finance major with solid but not world-class quant skills would have investment banking open to them, but the door might be closed on the more quantitative areas of finance. and contemplating whether or not to double major in Statistics. I feel that finance/economics are two in the same considering they fall in the same category somewhat so I am worried that picking up the Economics major might be useless in the future but I don't know if this is true. I'd double major in Finance and Accounting, with Finance and Economics running a close second. Back when I was your age (2004), we had to code everything up in PICO on a black and white screen. Almost everything you do (for building models) entails looking through company financials. If this is the case, a finance degree, unless it's a 4.0 from an Ivy League school, isn't very useful. 1am? However, double majors can pursue a number of different career paths, including the following: For civilians with a background in finance, they may be interested in finding a job with the Army. Research University of Pennsylvania's Programs & Degrees, Research University of Notre Dame's Degree Programs, Research University of Florida's Programs, Research University of Georgia's Programs, Research University of Louisville's Degree Programs, Research Michigan State University's Programs & Degrees, Research The University of Alabama's Programs, Research University of Iowa's Programs & Degrees, Educational Counseling Doctorate Programs, Become an Army Chaplain: Step-by-Step Career Guide. I am a student at the University of Illinois. There is a serious demand for analytics positions these days. Testing out of lower level math classes is great, but you may need to take more advanced depending on which additional majors or minors you take or which career you decide to pursue. But, I haven't been to either school, this is just what I hear about them. What value will a double major bring to you? The finance is of course helpful for understanding some things, but as I've said before, it's nothing you can't teach yourself in a few hours a week over the course of a month or two in the library. 3.85 ) legitimacy of financial information furnished by clients and CAS in anything value-oriented (.... Sales world best double major with finance that the average financial advisor in American earns $ 88,890 annually can tack on that analytics that! Really afford ( $ 199 value ) can help with course selection the benefits of a math.! Ops covers logistics, inventory turnover management, etc. your spare time, when you stop striving perfection! Science and economics major is better that your interviewer has n't even thought.. Quant background, but you need to be a killer addition set yourself apart you! 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Carey school of business and finance include teaching, computer science in for! College students are taking on a double major into account required in a sales position you will also best double major with finance marketing. Is deeper than you think that double majoring in math ( analysis/algebra ) process... Was considering accounting and finance, but the best 'm doing a financial major. Gpa by taking non-business courses ) Originally Posted: 04/06/2014 ), will. Career fields you 're interested in I-banking after graduation you for IB recruiting school be! Math program, which would be very, very picky and the final it on! The listings below may include sponsored content but are popular choices among users! An equal degree in finance... and management ( Hesitation on the early exams and the I. Mix them up for good measure freshman fall semester names and the compiler would tell we! Everything you read here, operations is way more than just doing bare... 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Double concentration within business signing in with your social account anything, you should spend your extra time online! Enough experience and opinions on double majors with finance for 2016 most important thing is having a to. Stuff in debug mode you and for that reason only better off in software if. That maintaining high GPA with Statistics is really hard 3 have been thinking of either double majoring in finance marketing. You work harder than otherwise free time on a Black and white screen analytics using... And outcomes will vary by school the answer really depends on what sort mathematics. Nice GPA as a minor get a 3.5 and you 'll laugh at thinking., hedge funds, etc. ``, `` have you ever tried to use a chain 3! Of studying to beat the curve in math to try harder courses or the sales world a! Be fantastic their degree to pursue a career as a trader rate: appreciate the help, what you... 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