God-tier majors

When will you morons realize degrees don't get you jobs. Having motivation and being competent gets you a job.

Would you recommend a normal Finance master or a Quant master?

only if its from an elite school

t. Master of Finance student at a non-target. Still got a decent asset management job but the job search was hell

dealers' choice desu

the recruiting process for nearly every white collar job requires a bachelors, not having one is like saying you didn't finish high school

I'm a counselor at a University and can offer my honest opinion, not bullshit I'm supposed to tell 18-19 year olds just to get them to admit and pay tuition.

>Finance
Only worthwhile if you are good at sales, have the right personality, and go to a target University. If you aren't a extrovert that can talk to anybody, you aren't going to be a very good employee in this field regardless of your knowledge and grades you got.

>Computer Science
It's not a requirement to be a developer, but it will get you a $35-70K/year job doing menial slave work in a cubicle. Experience trumps education in this field.

>Medicine
Unless you spend 5-10 years specializing in something during residency, you will be replaced by a FNP.

Making the most money falls back on you, not your major. Say there are 100K Finance graduates, maybe 1-5% of them have what it takes to get those $500K+ plus bonus positions 10 years down the road. The rest will be stuck at middle management at best.

Choose a major that you're good at and offers a promising future and job security. How far you go in that particular field is up to you.

To play things safe, I always advise people to major in Accounting and get their CPA if they aren't picky and just want something that pays good and has a secure future. It's a stable career with high pay and you can easily transition into other fields of white collar work if you want later in life.

HOWEVER
you can make a ton more money by starting ur own business and that requires no degree, just a hell of a lot of work and dedication which arguably a degree requires a certain amount of also

Motivation, competence, and a degree. Some degrees are better than others.

It might be for kewl d00ds now but once Bitcoin hit higher than Gold you know the Jews noticed that shit so being a Finance major who does say, a thesis on cryptocurrency could be a big asset to a firm who was ignorant about it.

Its actually not that unsafe. Just know that you have to love to study and your GPA in Biology needs to be about 3.6 minimum. Also be willing to check down and go into Physical Therapy or something a bit dumber maybe Nursing or else you might need a second Bachelors which sucks. Its a big risk if all you want is to be a doctor.

yeah, but thats big if for the general population of non-college educated

Double Major: Finance, Accounting
Minor: Economics (for the non-business electives)

Master: One of the three

Sorry correcting myself, you still need a degree in Nursing or PT but at least you'll have your science courses done which are basically the same everywhere. My bad.

>tfw starting first class for CS next monday

I am hyped lad

is accounting jobs going to be taken over by robots/pajeets within 10-20 years?

also dont people with accounting jobs just do taxes for small business as contractors? at least in Canada it seems like it but this is based on my limited knowledge

They prepare and examine financial reports and tax filings. A good CPA will find ways to save money and lower operating costs. A good financial associate will find ways to spend money and increase company revenue, profits, and overall performance. Finance majors are making deals and require strong social and sales skills. Accountants figure out what deals the finance associate should offer that is best for the company.

What majors would you suggest to an introvert person?

Quant Finance? It's pretty much math after all and then you're the specialist anyway.

Anything where you get to socially interact with the children of rich people.

Kiss a lot of ass and you will have a strong network.

Use it to build your career and grow it faster than other cucks.

Thanks for the advice,

Would you recommend doing a accounting major as my first choice? Studywise I got good grades in highschool (I'm 18), a 89% average in the important courses (eng12, chem12, precal12, bio12). I can make myself study even though I have no interests at all in doing a job, my ideal life would be traveling and working out but I know I have to be realistic.

My original plan a few years back when I was a dumb teen was to listen to my parents and go into STEM but I heard lots of reports say that is saturated and I won't go anywhere without taking a masters/phd.

Also could you give more info on jobs that have a good future and are safe-ish? Thanks again

statistics, computer eng, biomedical eng and economics are some of the areas I think will boom in the next decade. Someone with a PhD in chem eng would be really valuable as well.

If you are wanting to get into CS, I think you've missed the boat. It's pretty saturated, and most CS grads will be left making websites for local fish&chip shops. If you want to go the CS route, look at software/computer/electrical engineering instead. You'll graduate with far more employable skills.

Something that combines stats/economics/engineering would be god tier imo.

Medicine is pretty fucking cancerous nowadays... May not be worth the investment if you're thinking about it.

College in general is saturated because people are brainwashed into thinking they need to go to be successful.

You should consider the merchant marine. You get to travel and get a good physical workout. A family friend has been doing it for about 18 years now. He lives in Hawaii and makes around $200K a year traveling on cruise ships.

usmma.edu/about

That sounds good but I'm Canadian and there doesnt seem to be a Canadian equivalent of that.

decided between starting my own business or asset management/proprietary trading because of the independance. Fucking networking and cold calling is giving me hell you have to be a literal chad for this shit. I went to a tax clinic to volunteer and fucked up a ton of forms. I dont think i can do this finance shit. 3.18 gpa rn most firms dont look at anything above a 3.5. Am I fucked? still a junior

Need advice here. Im an ivy league alum bio major, a little burned out. Would i have the stomach for getting a masters in finance? What jobs could i get with it?

you're not as fugged as I was when I did my bachelors in history with a 2.75 GPA. If you're desperate, use on-campus recruiting to get into "private banking" essentially wealth management but for rich people to slum it out and try to get into a decent masters program. But you'll have to raise that GPA to above a 3.3.

Honestly if its a bachelors degree and from a non-target, do not expect to get any job that deals with investments outside of PWM. You can get a job out of undergrad doing corporate work for a local big name company, but that'll require using a headhunter which I recommend 10000000%.

Seriously, I got cold-called by a headhunter who found me on my school's career center website for trying to get me into an IT job for HP. Headhunters are clients of employers who are desperate to fill positions in the next two weeks they pay the headhunter 20% of that position's yearly salary. The headhunter was so desperate to send resumes to these folks that he asked me to tell my friends who were unemployed because they had over 5 different analyst positions that they needed to be filled 2 weeks later

ok cool because sometimes i think im doing too much and wearing myself out.. i basically panicked that ill never get a job in this shit and started volunteer tax work and im in a security analysis competition, and doing bloomberg certification.. like maybe i just need to just fucking chill and wait for a head hunter. How do you get into corporate stuff or find headhunters? I thought about doing non profit stuff like an analyst at a credit union or a workers union because at least they have a moral compass

>headhunters
from what I hear, get in contact with them like 6 months before graduation to build a rapport so they can anticipate you being in the market just google "[your city] finance staffing" to find some. I think robert half is a big recruiting firm.

Also ask professors you are on good terms with if they know anyone looking for an analyst/

And of course utilize on-campus-recruiting

Also to get the ball rolling on getting work experience, I somewhat manufactured my own. My roommate at the time was former military using his GI Bill, so he had some decent savings. He was looking in the local market for a house to buy to live in, but also rent out a few rooms. So I asked to "be his unpaid intern" and helped him evaluate his options. I was able to put that on my resume as 4 months of experience working for a "start-up real estate investment firm" Use that as inspiration to do something this summer to put on your resume

>I was able to put that on my resume as 4 months of experience working for a "start-up real estate investment firm
lol fucking nice and they didnt ask about it??
thanks for replying by the way typical internships or like asset management jobs dont seem to pay much from what i can tell till youve been there a while? the president of this club im in hes a fucking private equity intern and makes like 55k a year. that isnt shit, thats like something you would make coming out of a trade school or any other major. do you ever think about quitting and opening up like your own management LLC or something?

I definitley fluffed up the experience to make it sound kick-ass but it wasn't really lying (except for the duration) I just told them quickly how I valued each possible acquisition

And actually I JUST got my AM job. Like I start in another week. But I got a job doing commercial real estate asset management for a large life insurance firm. Starting salary is $60k but I can make up to a 25% bonus so I expect to make between $70k-$75k. Your friend's $55k sounds super low, maybe he's not including the bonus?

And as far as exit opportunities, I have a ton of options. I can stay there at a firm with a lax culture as my total compensation SHOULD increase by $10k each year. I can maybe lateral over to a bank's CRE AM group, Goldman has an office nearby that does it if I want to sacrifice 15 more hours of work a week for 30% better pay. Or I could try to lateral over to CRE private equity or hedge funds. It helps that my firm has brand power for being well known. I'm actually still considering doing an elite MBA nearby too while I work. And yeah when I'm in my 40's, I may consider doing my own thing if I feel confident

this is going to sound retarded but bonuses typically work by the return you get or by the amount of people you get under your management?

Is that a question? If so, yeah I'm assuming its a mix between number of clients we "service" and also qualitative things like how diligent/hardworking you are. Since we're one of the largest CRE "servicers" in the country, I think that the pipeline of deals should be consistently strong, its just a matter of how quickly/efficiently we're able to process them and close deals

And then I think as you are promoted, the percentage of potential bonus increases as well so total compensation should increase exponentially.

yeah i just wasnt sure which one of the two it was, do you do a lot of cost benefit analysis and dcf modelling? that sounds like a pretty good gig imo just projecting real estate investments and managing clients

They do modelling, I'm not exactly sure for what though. Basically what I'll do is monitor existing property investments to make sure they're performing as expected. Its not that glamorous, but people supposedly are able to change groups all the time in the office, and the other groups are more exciting like acquisitions and CMBS. But as long as I'm getting similar pay to them and can move over there eventually I'm happy

>CS
have you tried restarting your computer

Why would you double major and minor in such similar fields? It seems kind of redundant at that point.

>IQ the only thing that matters
Actually, if anything, it's follow-through. I went to grad school with a lot of literal geniuses (top 10 school for Physics) and I can tell you that the strongest predictor of success was the ability to knuckle down and work like a dog.

One of my classmates is a professor at MIT right now, and another failed his Quals switched departments about 5 times, and is as far as I know still without a PhD in anything 13 years later.

>Something that combines stats/economics/engineering would be god tier imo.
That would be Physics, senpai

What the fuck is this shit about needing to be Chad extrovert in order to get a job in finance.

The finance people I have worked with range from quiet to extrovert with most of them being slightly extrovert. It's not fucking sales, you are just choosing investments for clients and managing their wealth.

t. Introvert that part time works in finance/accounting

Someone that is actually good at finance is not a chad. They are more often akin to a computer programmer type dork. Not that that's a bad thing.

Is it also necessary to be extroverted as an econ major?

No, most PhD-level economists are introverted nerds

MBA International business

yeah you just need a congressional nomination and get past the 15% acceptance rate

Got a bachelor's in Finance and now working a job as an account manager (I.E. basically farming/renewing/managing the relationship with a client after they are sold X)

Company kinda sucks but I've got over a year in. I've got good communication skills and a fair amount sales experience, but I want to move into a field job/company that pays better (40k including commission) and has benefits. What do fin-ancebros?

No, but if you're in econ I'd advise doing finance instead
Econ is almost too generic these days for employment opportunity

They really are not that similar. really the only overlap is statistics and algebra.

Where I live most econ graduates get job as soon as they graduate (Scandinavia) and there's not a finance education on university level here

>MBA
kek

You mean quant finance dudes?

Of course only nerds go to quant finance.

The 'normal' finance like wealth management or superannuation is run by normal people. A lot of them are bad at math.

OK - fairly successful Liberal Arts major here. Got a History degree from a mid-tier state school 25 years ago.

>Am good with people and work hard and have a high aptitude for problem solving and believe in quality work
>Have worked off and on for state govt
>work for a couple years, then leave to work for a private company or start my own biz and then go back
>I like the work I do for the govt but getting promotions is hard because I dont have a masters
>everytime I leave my boss gets fired because I was doing their work for them
>I get hired for their job
>anyhow, I am now at the top level before appointed positions.
>Point is that if you work hard and keep a good focus and keep your skills sharp, you can do pretty well.

Other jobs I have done - concert promoter/event planner-manager
Copy editor
sales (I was good at it but hated it)
owned a landscaping company

Now I own 4 rental properties and plan to retire in 6 years once I buy 2 more.

However, to your question - Accounting over finance. People always need accountants and you can actually get a job if you are a CPA.

Dentistry or pharmacy over genral medicine. You graduate 5-8 years earlier and the pay is good and the work is very stable. Every dentist I know works 3 or 4 days a week and owns a boat, a beach house and takes 5 weeks of vacation a year. Plus, they all own their practice and retire at 55 to let someone else run it and pay them.

Engineering over CS. get an electrical engineering job and learn to code. You will always have a job at 3x the avg wage.

Most importantly, always live below your means and save your money.

>25 years ago
>graduate average age at 22
>retiring at a minimum of 47
What's special about this? Only busting ur balls bc accounting is for fags

I'm getting my bachelor's finance degree at Cal Poly Pomona. Chances of getting a job, or am I fucked?

they will only be valuable if you have a job that can use the skills already.

>be grunt in business
>get education for senior position
>rake in $$$

Accounting is probably the field with the biggest lobby (besides maybe healthcare) it will never go away.

Same here, belgium.
Econ allows to take on some good math and econometrics/stats and even (quant) finance through elective.

At the end of the day my advise would be to go against the flow and do what 99% of people won't do.
marketing, business, law, psychology and the likes are to be firmly avoided.
Quantitative finance, economics with a heavy emphasis on math, physics, maths, stats and shit like that will get you a job because even if 90% of the stuff you learned don't apply to your future job, they can easily teach you what they need