ibanking

<p>sorry guys. another question.</p>

<p>for investment banking. what usually is the best major to do? Financing/Banking?
What if a school doesn't offer that? (university of chicago for example)</p>

<p>would economics and math be sufficient?</p>

<p>thank you!</p>

<p>Yes, economics would be sufficient to help you land I-banking positions. It may also be more interesting depending on whether you enjoy theory and analysis over a heavier focus on solvency (more concrete things).</p>

<p>the school you go to is far more important than major.</p>

<p>so basically anything business related/econ/math would be sufficient?</p>

<p>if ure going toa top ranked school then the major doesn't matter much but if u went to Northern u of Southern oklahoma (dunno if that exists) then then major has to be business/finance related</p>

<p>if you go to a school like that you either need to transfer or forget IB right out of undergrad.</p>

<p>hmm i think uchicago and northwestern are fine if i just major in general business right?</p>

<p>how about say colleges like uvirginia, umich ann arbor?</p>

<p>are those good enough for the major to not matter?</p>

<p>No. From those you would want to be at the respective business schools.</p>

<p>if the major is Math or engineering, yes.</p>

<p>How do big business and safety schools get along?</p>

<p>
[quote]
No. From those you would want to be at the respective business schools.

[/quote]
</p>

<p>Please clarify? You can still major in Economics at those schools and get into I-banking.</p>

<p>It depends on what you define as a "safety school." For most entry-level jobs you'll start in one department of a larger company and then move-up from there based off of your performance/brown-nosing. The biggest thing, from what I have heard, is that if you do not go to a top-ranked school landing a job is based at least partially off of your internships and how you performed there. If you're talented you can enter into fields like consulting and even I-banking without a degree from a prestigious university; you'll just have to spend more time getting into those fields and proving yourself rather than just going straight into the fields after undergrad.</p>

<p>Would undergrad major in applied physics or applied math from top college (upper Ivy) help land IB/consulting job? Of these two, which is more intellectually demanding, applied physics or applied math? What would be a good minor to have: econ or comp sci or stat/stochastic processes? Thanks.</p>

<p>If you're at an upper ivy you could major in art history and get into IB. Therefore the decision between two quantitative subjects is irrelevant, since you are well-positioned no matter what you study at a school like that.</p>

<p>Perhaps not so irrelevant. It is my understanding (and I am far from knowledgeable on this subject) that Reniassance Technologies, for example, hires only quant jocks who have PhDs in physics, math, etc. IB may be a different field from what Renaissance does but perhaps not so dissimilar and one would think a quant field would give an immense advantage. I venture to guess that a quant field is more intellectually demanding than art history. This is not to say that art history does not attract some top minds. Please elaborate on these thoughts and do bear in mind I am offering opinions I want to further refine and have no dogmatic assertions to make. Thanks.</p>

<p>Of these two, which is more intellectually demanding, applied physics or applied math?
Although it would be somewhat hard for anyone to objectively answer this question, Math would have more "applications" in other fields.</p>

<p>Yes, math would have more applications. I am wondering which is tougher, in that I am told physics especially applied physics is more abstract and also to do physics you must also know math whilst the converse is not true. In fact, I am told that for investiment banking, particularly hedge funds, etc the training in quantum physics and quantum stats is particularly relevant. Your comments? Thanks.</p>