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How would you consider Finance as a major? Easy or hard?
Jgib5328
04-24-2008, 06:12 PM
How would you consider Finance as a major? Easy or hard?
Depends on what school you go to. I'm doing the Financial Econ Honors major and it's really hard. Also you have to take a lot of math if you want to major in finance, I'm taking like 8 math classes to supplement my major, so that makes it harder.
What school do you go to?
If I don't get in UT, I'll probably go to UTD or Texas Tech or maybe even A&M.
fredbaba
04-24-2008, 11:33 PM
This is interesting, as I've recently been considering switching to finance as well. I agree that the level of difficulty of finance depends on your program, as well as what career path you want to take. If you want to be a quant (like me), be prepared for a lot of abstract math used to hide the inherent uncertainty in the field. If you want to be an investment banker, learning Excel and valuation techniques should be fairly straightforward academically. You'll just work a lot when you get out (60-100 hrs/week, your mileage may vary).
Most of my engineer friends would say that finance is an easy cop out, but it depends on how you pursue it I guess.
As far as studying goes, my biggest problem is keeping from getting bored. If you're planning on being that successful academically you'll have to go beyond just learning things at a shallow level. This tends to suck because you may stop caring before you've studied enough to ace your classes. Make the material interesting and learn to suck it up when it isn't.
Well I am interested in Finance, I think I would like it.
After getting out of school I'm thinking of maybe getting into real estate or financial planning/advising.
I'm taking like 8 math classes to supplement my major, so that makes it harder.
wow that's a lot of math classes.
I've visited some university websites and they usually only require calculus I + II and statistics for Finance major.
That is some very good advice Zilal, thank you.
Jgib5328
04-25-2008, 02:40 PM
wow that's a lot of math classes.
I've visited some university websites and they usually only require calculus I + II and statistics for Finance major.
That is some very good advice Zilal, thank you.
You need a lot of math to perform well in a finance job, plus taking a lot of math classes allows you to develop the practical skills necessary for finance jobs. Plus it looks a lot better if you have another concentration other than you major.
When I hear that you need a lot of math for business major it makes me hesitant if I should study that and even if I should go to college at all. Since I am crap at math. And I can't think of anything that I rather study or that interests me more than business. Considering job prospects, salary, etc.
Well I will try, lets see how it goes. Hopefully I'll make it :scared:, even if that means a C
Also in the job I imagine you would be doing all calculations and stuff on the computer with calculators, or am I wrong?
Thanks
Jgib5328
04-25-2008, 08:19 PM
When I hear that you need a lot of math for business major it makes me hesitant if I should study that and even if I should go to college at all. Since I am crap at math. And I can't think of anything that I rather study or that interests me more than business. Considering job prospects, salary, etc.
Well I will try, lets see how it goes. Hopefully I'll make it :scared:, even if that means a C
Also in the job I imagine you would be doing all calculations and stuff on the computer with calculators, or am I wrong?
Thanks
I mean if you are going to get D's in math, it makes no sense to take math classes, you want your GPA to be at least a 3.5 upon graduating.
All of the calculations are generally done on excel or a similar program. Taking math classes helps you understand whats going on in excel and adapts your brain to that kind of thinking.
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