Hi, I’m a senior who was recently accepted to UT Austin math major. However, as I researched more, it seems like Finance major leads me more directly to career in Finance, such as Financial analyst. So, here’s my question; Is it hard to transfer from math major to Finance major? If I really want to transfer, when is the earliest time I can transfer to McCombs business school?
Yes. You can transfer. Is it hard - yes. This link will provide you the numbers. https://www.mccombs.utexas.edu/BBA/Admissions/Transfer-Students
@cckrie I would call admissions and see if you can do it now. I don’t think it is possible once it’s summer.
From the website.
Major changes following acceptance of admission.
Undergraduate students are limited in their ability to change majors after accepting admission offers. Incoming undergraduates are not allowed to change majors from one college/school to another during summer or during orientation. Students admitted as freshmen must remain in their original major for one academic year; transfer students must remain in their original major until the next available fall semester. Students interested in changing majors within their college/school should speak with an academic advisor about the requested change during orientation.
You will need to maintain about a 3.6- 4 to get in. Math is a great major, and lots of analysts come from the math field. Two other ideas for you (if you want to stay in math) are :
- Get an Applied Math degree with a finance slant. I believe its one focus area for applied math. You can also get a Business Foundations certificate by taking 5 or 6 business related classes. Its basically a business minor. This would be a great combination for an analyst.
- Check out the Actuary major. This is a math major slanted to finance/business. Actuaries are in demand at lots of companies to gauge financial risk, market risk/reward, etc.
Texansfan1 is correct, it is not uncommon for math majors to break into finance, or any other career field for that matter. Most people assume that math majors are only able to become teachers after college. This is not true. The truth is math majors can find well compensated positions in many fields because of how difficult the degree is and how relevant math is to everything we do. However, if your overall goal is to become a financial analyst, I would definitely look into some type math degree that has a focus on finance and quantitative analysis. Many analysts at prominent hedge funds have economics/math backgrounds. Don’t let people fool you into thinking you must major in finance.