<p>From my own experiences, I’ve known mostly math/OR/physics/engineering based kids to go into S&T, although I have also seen others (though these tend to be the minority and were still kids with very good math skills). </p>
<p>I’ve also seen MANY more majors than just econ/finance go into IBD; everything from History to English to Philosophy. I also had a friend get an IBD job (graduated college in 2009) where his only “econ” classes were Intro Micro and Macro-- however the disclaimer is that he was knowledgeable about the economy he just opted not to major in econ. </p>
<p>To your second point: people in IBD are forced to learn about the entire market and thus are more primed during their years of working for a job in any field of business after an MBA. However, people in S&T are forced to spend most of their time specializing in one particular field of the economy; as a result their exit opportunities are limited to the field they are, either as a trader or moving into that similar field as a specialist at a hedge fund.</p>
<p>S&T does tend to attract the more quantitative minded, though there are definitely finance, economics, and much softer majors among the ranks.</p>
<p>Stuck is a tricky word in your phrasing. You definitely become specialized in S&T. For example, if you are in FX you will know the ins and outs of the area… like its the back of your own hand. However, if you enjoy the space, it is a good thing to have such expertise. In IBD you don’t really have a good market sense per se (in the way that you aren’t on the pulse of the markets like in S&T), however HF do like to hire them because they are often well versed in valuation. The difference is more about the pace and type of job you want.</p>
<p>Yeah sure, I mean the quantitative background will help you sell yourself better in S&T imo, but really they just want to hire smart people. Its very much how you present yourself rather than “you have to be this major.” If you are not going to be a finance/econ major, however, I’d recommend ECs or internships that show that is the route you want to pursue.</p>