Engineering major first then go into investment banking

<p>^Any opinions? Possible? Thanks a lot..</p>

<p>Very possible.</p>

<p>The</a> Tech - Grads Enter Finance, Consulting</p>

<p>It's actually a growing trend for financial and consulting institutions to target engineers right out of school. Try google.</p>

<p>only possible if you go to an elite school (ivy, MIT, Stanford, etc.)</p>

<p>I agree with tom725 that it's quite difficult if you don't go to an elite school. And if you do go to such a school, it frankly doesn't matter what you major in anyway if you want to be an Ibanker. That's why Harvard English majors can become investment bankers (but the English major from Middle Tennessee State probably cannot).</p>

<p>Haha, normally engineers and investment bankers are on completely opposite ends of the personality spectrum.</p>

<p>Engineers: shy, quiet, reserved
I-bankers: "Type A", bombastic, cocky</p>

<p>Yes, However Engineers are renowned for their rigorous education, which shows their willingness to work endless hours, which IMO is why Investment Banks hire engineers students, they are used to the hussle and bustle. Business students don't do nearly as much work, and going into such a demanding job right after college can be overwhelming, engineers would probably last longer. Not very long, but a bit longer.
Plus when it comes to productivity, an engineer would tear a cocky business major a new one.</p>

<p>so there are absolutely no differences among different engin majors as long as you graduate from an elite engin school?</p>

<p>
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so there are absolutely no differences among different engin majors as long as you graduate from an elite engin school?

[/quote]
</p>

<p>There surely are differences, but they are so small as to be not something to stress about. </p>

<p>Like I said, if you're shooting for something like Ibanking and its 'cousins' (i.e. hedge funds, venture capital, private equity, wealth management, etc.) then as long as you go to an elite school, it makes little difference what you major in. As a case in point, a Stanford EE/CS student probably doesn't have much of an advantage over a Stanford Art History student. What will be far more important are your personality, your self-confidence, and your presentation skills. A Stanford EE/CS with a 4.0 GPA but does not do well in the interview is not going to get an Ibanking offer.</p>

<p>How about liberal arts colleges? I mean getting a physics degree out of liberal arts colleges like Williams, Colgate? Is that fine if I want to be an IBanker?</p>

<p>People stress about this way too much. Graduating from a top university you are very likely to land a great job I wouldn't sweat getting into I-Banking from a top university, you are likely to be extremely successful and wealthy regardless of you major in, or industry.</p>

<p>
[quote]
People stress about this way too much. Graduating from a top university you are very likely to land a great job I wouldn't sweat getting into I-Banking from a top university, you are likely to be extremely successful and wealthy regardless of you major in, or industry.

[/quote]
</p>

<p>Well, I don't know about that. I wish that were true, but I don't think it is. </p>

<p>Take Berkeley. I think we can agree that Berkeley is a top university under any reasonable of the word 'top'. Yet the truth of the matter is, plenty of Berkeley grads end up in jobs that are, frankly, rather mediocre. It also seems to depend heavily on what you major in. Berkeley engineering students (the ones who make it to graduation) seem to do decently. But some of the students in some of the other majors? Not so much. </p>

<p>For example, take a gander at some of the jobs reported by the Berkeley students who graduated with degrees in English. While some of the jobs are arguably great, others probably are not. For example, there was one person who ended up as the head cashier at Barnes & Nobles (hey, at least it was *head*cashier, right?). Another person ended up as a barista at Starbucks - basically, the person at the counter ringing you up and making your coffees for you. Another ended up as a lumber yard puller (basically a guy who moves logs and planks around). You also have the assorted receptionists, waitresses, bar staff, file clerks, and so on.</p>

<p>I don't know about you, but I don't know that I would call these jobs 'great'. Frankly, many of these jobs could have been obtained by people just graduating from high school. </p>

<p>Career</a> Center - What Can I Do With a Major In...?</p>

<p>^ Sakky, that could be true. But, do you also think some students had a little fun while filling out their survey? ;)</p>

<p>And are all Berkeley students clever?</p>

<p>It must be very discouraging to graduate from a top college and end up doing a job that any hs graduate could do. People will say that it was education for education's sake, but I don't think there will be many stimulating conversations at the lumber yard. It might have been a fun four years, but I sure hope the teacher's aid and the cashier didn't take out any loans. In fact, these overqualified people might actually make worse employees than their less educated counterparts, as they might be discontent with their jobs (no kidding) or arrogant with their coworkers.</p>

<p>^ Haha...yeah, can you imagine a Berkeley English major working as a head cashier at Barnes and Noble...LOL! </p>

<p>Oh the snobbery about what would constitute good literature.</p>

<p>Well, not because a berkeley english grad didn't write movies (or whatever is considered a good job for an english major) doesn't mean that he wasn't able to get the job of his dreams, he may chose to work at Starbucks, you never know what went through his mind and how his life was like. And there are some really good jobs there, I couldn't imagine an English major grad working at Morgan Stanley, this to some extent proves the point that graduating from an Elite school would get you anywhere. Everyone knows that a degree in English will most likely not get you as much $$ as a degree in Engineering, but they chose to study English because that's what they wanted to do. And maybe that's why they chose to spend their life cleaning bathrooms, doesn't mean that they weren't able to find a good job an ended up as Starbucks, that's ridiculous. And there's a really slight possibility that the best job they found was at Starbucks, but I don't think that's the case if you used some logic. And yeah, graduating from Stanford doesn't give you a ticket to work at the top companies (or be successful). it's who you are and what you made out of your education and life experiences that will make you get what you want in life.</p>

<p>Sure, maybe a few are working at low paying jobs to allow them enough free time to write the Great American Novel, but probably not many. More likely is that they weren't able to find the job they really wanted, in the geographic region they needed, with only a BA degree. But it takes all kinds, and maybe they will go on to make some great cultural contribution.</p>

<p>Getting back on topic...you could go for an engineering degree, then a masters in financial engineering.</p>

<p>Berkeley has a good program, and it's only one year:
MFE</a> Prospective - MFE Home - Haas School of Business
MFE</a> - For Prospective Students - Employment Reports - Haas School of Business</p>

<p>
[quote]
Well, not because a berkeley english grad didn't write movies (or whatever is considered a good job for an english major) doesn't mean that he wasn't able to get the job of his dreams, he may chose to work at Starbucks, you never know what went through his mind and how his life was like. And there are some really good jobs there, I couldn't imagine an English major grad working at Morgan Stanley, this to some extent proves the point that graduating from an Elite school would get you anywhere. Everyone knows that a degree in English will most likely not get you as much $$ as a degree in Engineering, but they chose to study English because that's what they wanted to do. And maybe that's why they chose to spend their life cleaning bathrooms, doesn't mean that they weren't able to find a good job an ended up as Starbucks, that's ridiculous. And there's a really slight possibility that the best job they found was at Starbucks, but I don't think that's the case if you used some logic.

[/quote]
</p>

<p>Uh, no, I am afraid that you're not using logic and that you're being somewhat ridiculous. I don't mean to be overly insulting, but I think you should use some logic to analyze your own post.</p>

<p>After all, just think of it this way. If the guy just wanted to work at Starbucks, why not just do that right after high school? Why bother going to Berkeley at all? Let's be honest. Berkeley ain't cheap and it ain't quick. Why put in all that time and money if you just want a job that you could have gotten with just a high school diploma? Does that make logical sense? </p>

<p>Now, where I can agree with you (and in fact, have never disputed) is that there is some chance that the guy actually wanted, for some odd reason, to work at Starbucks (i.e. because he's intending to write the Great American Novel as lfk725 said). But be honest, what are the odds? Just like smoking does not guarantee that you will die early. In fact, it is entirely possible to smoke 3 packs a day and still live to be over 90, and I know a guy who did just that. But that doesn't mean that smoking is a healthy thing to do. Heck, even that old smoker advised his grandchildren not to smoke. </p>

<p>Statistics dictates that it is more important to look at where the data points congregate rather than where the outliers are. The truth is, if you graduated from Berkeley and ended up as a cashier at Barnes & Nobles or a barista at Starbucks, it is probably because you couldn't get a better job. Is that guaranteed? Of course not. But it is likely.</p>

<p>
[quote]
^ Sakky, that could be true. But, do you also think some students had a little fun while filling out their survey?

[/quote]
</p>

<p>Perhaps. But you could go either way on that one. For example, maybe some of the Berkeley graduates who are reporting that they got cool hig-paying jobs at Goldman Sachs or McKinsey, or the ones reporting that they're going to graduate programs at Harvard or MIT are also 'having fun' with the survey, and that they actually got no such offers (i.e. maybe they're just reporting what they wish they got, rather than what they actually got). </p>

<p>The point is, I don't see any reason to believe that the reported 'lowball' offers are any more untrustworthy than the 'highball' offers. </p>

<p>
[quote]
And are all Berkeley students clever?

[/quote]
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<p>Does it matter? Are all Harvard or Stanford students clever?</p>