Combination of CS & Finance

@1NJParent would you know any colleges that have such offerings?

@1NJParent I looked up Fintech and it seems many top colleges are starting to offer this course at grad level. I am not going to that level of involvement but just focusing on undergrad. The most optimal path seems Major CS with Minor Finance or double major (if he is up for it!) to keep his options open for career and grad. It seems, it may be easier to get into Finance from CS background but probably not the other way around.

https://www.businessbecause.com/news/making-the-headlines/5070/blockchain-big-data-analytics-5-hot-topics-mba-curriculum-2018

@Supermom74 Fintech is a new industry. Fintech includes many technologies (blockchain, electronic payment, artificial intelligence, etc.) that have applications in finance. Frankly, finance is relatively simple when compared to technologies, so I’d recommend focusing on technologies first.

A combined major is the way to go

It’s always good to lay out a full career plan for a sophomore in high school. :-S Hopefully he is asking questions about this as well.

I would add Wake Forest to the mix of undergrad programs with a strong interdisciplinary major. They have one called Mathematical Business and is taught by professors from both the math and business departments. Heavy focus is on analytics, big data, etc.

Boy you have one driven kid, and I understand you are trying to keep up and support.

I think another UC has a combo of CS and business- maybe Irvine? (Editing to add link) www.ics.uci.edu/prospective/en/degrees/business-information-management/

I would say doing CS undergrad then MBA is a reasonable course. If he does internships during undergrad, he may not need the MBA for awhile, and as I wrote before, his employer may pay.

At top schools, grads go into finance and consulting after interviewing in the fall, and may come from unrelated majors (I know two who went that route from Harvard, both English majors).

The hard part here isn’t so much about future career path, it would seem, but about what he loves to do, now, in the present. This is a much healthier conflict, but a harder one :slight_smile: It would seem that CS and robotics etc. would be harder to do on his own, whereas stock market could be done outside of academics.

Which area of study and activity would he miss the most? If that is not answerable because he would miss both, then some sort of combination degree seems necessary and they are available. Sorry I don’t know more about these areas but others do :slight_smile:

There are top notch business schools like Wharton, schools like Babson (which works with Olin, an engineering school, to combine that with business). Many universities have great CS, MIT, Carnegie Mellon, Brown, many others. UC’s are a good option.

I have a feeling that a bright, motivated kid like that, with a parent who is supportive and actively involved like you, will find a good path and I hope there are some good suggestions from other posters on this thread.

Ha! I know someone in his mid-20s whose first job out of college was working in finance for a tech company in Silicon Valley.

He was an economics major, with maybe one intermediate level finance course under his belt. I’m not sure if he ever took CS. He may have, but he wasn’t being hired to work on the company’s product, and no one would have let him touch it anyway. He wasn’t being hired for his finance expertise, either. He got hired because he was smart, personable, a hard worker, and above all a team player. Literally – he had been a recruited athlete in a team sport. He knew how to take coaching, he knew how to work with others day-in and day-out, he had excellent leadership and “followership” skills. The value of the finance course on his resume was that it showed he had some interest in the subject matter of the job, and his boss wouldn’t have to explain everything to him from the ground up.

When he actually knew how to do some things, he had to look for a different job. There wasn’t really room for him to grow at his first employer, and they weren’t willing to pay him what someone else would. I’m not sure what industry his current employer is in.

@compmom Thank you! I got very good insights and feedback from some amazing people, including yourself.
Believe me, I am not planning his whole life. :slight_smile:
Yes, I have gently prodded him several times asking where wld he rather spend his time --programming or investing because I see him do both and have an equal passion for both. Future will tell the answer.
I do want to mention, most of his friends directionally know what they want to do…so it isn’t a suprise for me to start looking into this in the sophomore year.

So much more involved…grades, gpa, ACT scores, affordability, finding the right fit college both socially and academically etc…

Sounds to me that he he is interested in eventually working in finance at a tech firm, he should consider: finance undergrad (with minor in CS), then perhaps an MBA.

If he is interested in becoming a quant he should dive into a CS program (that is heavy on math and statistics) and perhaps a minor in finance.

@jzducol

I am curious how you know what the exact M&T acceptance rate is? These figures are not publicly available, right?

@jzducol…I have no idea about the acceptace rate of M&T…I don’t think I claimed knowing it… I read on some forums, people claiming it to be around 4-5%…I have no way to verify this info.

There’s nothing wrong with thinking about it. Is there some kind of rule that you have to be a junior in high school before you start thinking about your future?

Nothing is wrong. But a HS student is not exposed to many subjects of study and cannot see what lie ahead. There are many students devoting enormous amount of time to some HS activities but then studying something different in college. I know a kid who won national chemistry olympiad but become a stock trader. The OP’s son participates in robotics but he may not be interested in CS, or EE, or ME later.

I think the best course of action for the OP’s son is to take classes that stimulate the logic skills like math, CS,… If he masters those skills then he can easily decide the major later. To me teaching engineering or finance or other professional oriented classes in HS is a waste of kids’ time. Kids need to learn the basic foundation in HS first.

Maybe the OP’s son can do something better than finance or CS in college. He could become a good doctor, a star scientist, a powerful politician. Who knows?

Thinking about the correct order of study for undergraduate and graduate school now is too early. It will work but if only all stars are aligned.

Picking stocks is a tiny piece of what finance is all about. So while it’s great that OP’s kid has found something he loves- he doesn’t need to connect the dots right now to a future career.

University of Waterloo has a Computing and Financial Management program, a CS/BBA program and several other similar programs.

He may also wish to investigate a Data Science major which is being added to a lot of colleges/universities.

I know someone who graduated with a CS major. His first job was with a financial firm. He disliked it, just felt he was doing data entry. It was a bad fit. It’s just hard to plan ahead without the experience of internships.

^ I know two Art of Problem Solving teachers who were the top winners in math competitions, worked for D.E. Shawn and Wall Street for couple years then quit job to teach math online:

https://artofproblemsolving.com/wiki/index.php?title=Mathew_Crawford

https://en.wikipedia.org/wiki/Richard_Rusczyk