Engineering/Math vs. Economics/Finance Undergrad for WALL STREET!

Applying to College
1

<p>which one is perferred as an undergrad major?</p>

<p>Would i Be better payed if i grad. with a math/engineering major from a place like rutgers and want to get into hedge funds in Wall street?</p>

<p>or would I be better payed if I grad. with a economics (B.A) from a place like rutgers and want to get into hedge funds in Wall st.</p>

2

<p>I'd want to follow a similar career path as you, and I was planning on taking Economics/Finance...</p>

<p>^Not sure if that helps you much..</p>

3

<p>economics/finance. get a bba from a good school. </p>

<p><a href="http://talk.collegeconfidential.com/showthread.php?t=246807&%5B/url%5D"&gt;http://talk.collegeconfidential.com/showthread.php?t=246807&&lt;/a&gt;&lt;/p>

4

<p>bump that 5hit up.</p>

5

<p>You might be better compensated if you learn to spell. Hedge funds use a lot of financial engineering, so I'd recommend taking as much math as you can. Finance or economics along with math is a good combination. I'm not sure if a BBA is that highly valued on Wall Street.</p>

6

<p>econ
or you can look at possible employers and see what majors they are looking for:
<a href="http://careers1.rutgers.edu/Online_Files/DisplayEmployers.asp?CareerDayID=5706%5B/url%5D"&gt;http://careers1.rutgers.edu/Online_Files/DisplayEmployers.asp?CareerDayID=5706&lt;/a&gt;&lt;/p>

7

<p>Actually I plan on majoring in Applied Mathematics as well as Economics.</p>

8

<p>Finance and business are bull unless you're going at a very, very good school. </p>

<p>As the above posters have pointed out, the financial sector requires a lot of quantitative skills. Econ alone is not good enough because everyone does Econ, so Econ + Math, Econ + Stats, etc. would be ideal. But anything else that demonstrates strong quantitative skills, basically hard science majors, would be great. </p>

<p>But remember that Wall St firms are also on the look out for any signs of intelligence, broadly understood, and like people with unusual backgrounds. You can get in an i bank with a strong poli sci degree, say. A friend of mine studied theoretical physics and philosophy, that's exactly the kind of background that makes wall st gush because it screams "very smart" and "thinks outside the box", which is exactly the skills you need to succeed in finance. Medallion, one of the most successful hedge funds ever, prefers to hire astronomers over MBAs.</p>

<p>So basically a lot of stuff can get you in wall st, what you need to do is a degrees that shows you're very smart and, ideally, can think out of the box.</p>