<p>I have heard about how engineering majors are in demand by ibanks and other financial services. But why would ibanks be impressed by a comp eng as opposed to say someone in Industrial Engineering? I mean IE and comp science makes alot of sense but I don't see how comp eng correlates to what ibanks do? Someone please explain this to me.</p>
<p>Paging sakky... </p>
<p>But, I'll take a guess. I think the skill set required by any engineering is respected by investment baking/consulting. So although what you learn in compE is not directly applicable, ibanks may still view you as a strong candidate because of the skills required to complete the compE degree are more than good enough to handle banking.</p>
<p>I second that, it is growingly regular to see many industries giving their top paying entry-level jobs to graduates who studied something more difficult than that perspective field. This doesnt only apply to banks/engineering students. It's in retail and many other fields as well.
An engineering graduate is much more likely to have obtained the skills necessary to complete day-to-day calculations quickly and efficiently due to their mathematical and science backgrounds.
It's like a college graduate applying for a job at mcdonald's. You'd get the upper hand as far as job requirements are concerned and as a growing number of engineering students would find investment banking rather easy compared to their organic chemistry backgrounds and the like. Plus, with the debt most graduates are in, It is easy to understand why they would shoot for the higherpaying jobs that would be rather easier for them to obtain as appose top jobs in engineering.</p>
<p>many employers in non-engineering fields tend to recruit engineering majors above anyone else due to the rigor of their education.</p>
<p>if you survive Comp E, chances are you can learn/get used to anything in any company.</p>
<p>98% of this forum will not get into IBanking, so don't worry about it.</p>
<p>
[quote]
98% of this forum will not get into IBanking, so don't worry about it.
[/quote]
no actually 98.23% of this forum will not get to IBanking :D</p>
<p>Sorry, I posted the statistics from yesterday!</p>
<p>Because engineers are serious business.</p>
<p>Basically engineers tend to have a higher quantitative aptitude as simple as that . As far as computer engineering vs industrial engineering is concerned , it is often that engineers are involved in heavy statistics and mathematical work, afaik CompE/EE are a lot more math heavy than IE hence a bias. Another thing which I often hear is the fact that they like having people with some programming skill since it can figure into your work , its definitely a plus hence another advantage of CompE.
But in my personal experience , banks generally tend to classify engineers and non engineers, never seen much of a differenciation b/w streams.</p>
<p>Engineers dont make many Mistakes, they are very precise, which is why they are worth the money over a standard Business guy.</p>