<p>You should look at the Government’s Occupational Outlook Guides. I took the liberty of pasting information about financial analysts: [Financial</a> Analysts](<a href=“http://www.bls.gov/oco/ocos301.htm#outlook]Financial”>http://www.bls.gov/oco/ocos301.htm#outlook)</p>
<p>Thank you so much for posting that! Really appreciate it.</p>
<p>I’m looking into MSF programs post graduation and was wondering how an admissions committee would view me taking lower-level business classes at a cc. Would I need to retake these classes (fin acc, manag acc, micro, macro, statistics, etc) at a 4 year school?</p>
<p>I’m confused. Do you mean you would take lower level classes at a CC, transfer to a 4 year and complete your BS there and then apply to an MSF? If so, no, an MSF program will not care.</p>
<p>Yes, that’s exactly what I mean. Thanks!</p>
<p>No prob, glad I could help!</p>
<p>Hi! First of all I would like to thank you for helping people like myself. I am currently an undergraduate in college and is looking toward finance as a major. I am also passionate about math as well; I was wondering if a finance major with a math minor will be a big asset in the business world? The reason is that most people had told me that a math minor will lower my gpa down a few points.</p>
<p>[Math minor> a lower gpa] or [a high gpa> a math minor]?</p>
<p>Tran1992: I am no expert, but IMO: higher GPA trumps math minor.</p>
<p>TD is right. Sad, but true. If you got a BA in basket weaving from Harvard with a 4.0, you would have a better shot at getting into investment banking than someone with a 3.3 in math from a T50 school. </p>
<p>If you like finance, take finance, but get a high GPA. A business major will allow you to go into a variety of fields. If you feel up to it, take some higher math classes. Anything more than Calc 1 or 2 is a waste for business though. I’ve worked in banking and now in PE and you use basic math and some algebra, that’s it.</p>
<p>Hi MSFHQsite,</p>
<p>I would like your opinion about this undergraduate degree at Norhteastern University. Is it a good start for a finance career? (Please see link below).</p>
<p>[Finance</a> and Accounting Bachelor’s Degree | Northeastern College of Professional Studies](<a href=“http://cps.neu.edu/degree-programs/undergraduate/bachelors-degrees/bachelors-finance-accounting-management.php]Finance”>Bachelor of Science in Finance and Accounting Management — Boston | Northeastern University College of Professional Studies)</p>
<p>Northeastern is a decent school, but I think you will miss out on too much if you do an online degree. If you have responsibilities that prevent you from going to the actual campus it might be decent, but if you can attend class in person I would do so.</p>
<p>Very helpful thread.</p>
<p>Do you see much of a difference (as far as education, grad opportunitys, and job opportunitys) in a economics degree vs a finance degree?</p>
<p>I also find it very interesting what you say about math everywhere eles it seems people say math is key in any financial career.</p>
<p>Economics is the same as finance in an employers mind. Most top schools don’t have finance majors. </p>
<p>Math is great, but useless in business unless you are a quant. All of the top paying finance jobs require basic algebra at best. Develop a personality and a thick skin and you will do much better than the math major.</p>
<p>I just love how math was thrown around on these boards a few times and everyone seems to want to jump on the math bandwagon now.</p>
<p>Hah.</p>
<p>People who are not in the industry like to make it seem much harder than it is. You basically do simple math in excel and format power points endlessly. No rocket science. Just being able to deal with pressure and long hours.</p>
<p>So your saying that as far as intangiables go (by that I mean things you dont learn in the class room) you need to be able to handle pressure, long hours, etc?</p>
<p>I work about 60 hours a week normally. Bad weeks can see that ramp up to 70-80. I think these hours utterly blow. Bankers are working 70-80 hours normally and 100+ on bad weeks. You are going to lose a lot of friends, get dumped and miss out on a lot of fun stuff. You will be working on transactions that can make the bank multi millions in fees and expenses. You also have clients that have a LOT on the line. Add on top of this people who have decided to remain in banking for a career and you will have a very intense work environment. </p>
<p>Everything has to be correct, done quickly and on little sleep and rest. You’re going to get screamed at, forced to work when you want to leave, called in on your days off, etc. The job sucks, but you get paid for it. Base salary of 70K, 10K sign on bonus and 50-100% of base salary in bonus. At 22 you can make 150K a year. This is why people do it. </p>
<p>So yes, knowing the basics of finance and stuff like that is important, but being mature enough to handle the loss of your personal life and deal with the stress is way more important. The job is not for everyone (myself included), but for some people it is great. </p>
<p>No models and bottles in banking.</p>
<p>MSGHQsite,</p>
<p>You sound mad now. Did you have a bad day?
All of a sudden this job sounds like a not so good one, especially when you have bad weeks of 100+ hours as you said. I am not sure if it is all as bad as you mentioned, but if it is, it is a pretty crappy industry to work for. I honestly doubt that!</p>
<p>Lusitano, it’s not a matter of someone having a bad day or not. It’s pretty much a known fact that that’s how the banking industry normally is.</p>
<p>It has its advantages as well as its disadvantages just like any other industry.</p>
<p>sp1212,
Do you work in the banking industry? How many 100+ weeks have you had recently?</p>