Investment Banking at Columbia

<p>I'm pretty sure they would look better at an economics or Financial Engineering major than say a film studies major in iBanking.</p>

<p>PS. Is FE CC or Fu?</p>

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I'm pretty sure they would look better at an economics or Financial Engineering major than say a film studies major in iBanking.

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<p>Because film majors are likely to be artsy hipster non-conformist types who wouldn't last 2 days in i-banking, not because you need econ for the job.</p>

<p>Just to get this clear, you'll encounter the following types of questions in an investment banking interview: resume questions, fit questions, stress questions, technical questions and brainteasers. So the main thing that a major would help you with are technical questions, but since we don't have a business major, it doesn't matter whether you're econ or, say, art history. </p>

<p>With that said, if you have time to take the intro to accounting and finance course, do it! It will help you in your interviews and shows your interest in finance. Econ majors won't have an edge on the technical questions, because they learn about concepts that aren't tested in IB interviews. The only thing they can do is take the accounting and finance course, or possibly the corp fin course, but if you take the acc&fin course as well, you won't really be at a disadvantage.</p>

<p>"resume questions, fit questions, stress questions, technical questions and brainteasers"</p>

<p>Brainteasers are usually reserved for the quant positions. But that doesn't mean you won't get one in the I-Banking interviews. Acct & finance will help you a little bit, but I really regret not taking corporate finance which would have certainly given me the edge. The principles learned in both classes can be learned on the fly, but in the case of corporate finance, you'll be more valuable because the company won't have to invest as much time in teaching you modeling basics.</p>

<p>Not really, I'm not sure where you interviewed, but definitely be ready for brainteasers at BBs for IBD. Chances that you'll go through IBD recruiting without getting brainteasers are slim. </p>

<p>I haven't taken Corp Fin at Columbia yet, but I heard our course is more qualitative than others and doesn't prep you as well for IB interviews than corp fin at other schools, but of course this is just what I've heard.</p>

<p>there is a difference between brainteasers and technical questions. in the context of IBD, you're more likely to get the technical questions, while for s&t and quant research positions youll be looking at the brainteasers. although those two types of questions are certainly not exclusive to any one sector.</p>

<p>in any case, the vault finance guide does a pretty good job of preparing you for the technical questions. vault even has a more quant-heavy manual that gets into some more in-depth bond and derivative math. i can't speak to the quality of columbia's corpfin class, but i cant imagine that it is more quant than the latter of vault's books.</p>

<p>cryptography,
I agree with your opinion concerning the FE program, but from what I've seen gaining admission into the program requires a higher GPA. I don't know anyone in my class who had below a 3.7 and gained admission into FE.</p>

<p>"I haven't taken Corp Fin at Columbia yet, but I heard our course is more qualitative than others and doesn't prep you as well for IB interviews than corp fin at other schools, but of course this is just what I've heard."</p>

<p>Well, they're not going to ask you to give them a financial model at the interview, but it's certainly a plus.</p>

<p>So there's no right major for junior level I-banking positions.
How about statistics?
I actually wanted to major in accounting or finance though...</p>