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Higher education

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Uni Economy or Maths /Physics defreee

34 replies

newtothis15 · 16/02/2025 06:11

My ds likes maths physics and investment banking

Which degree would be a better path

OP posts:
mushroom3 · 17/02/2025 12:21

@newtothis15 He needs to do FM for Maths/Physics at a high ranked university.

Focalpoint · 17/02/2025 12:37

Has he looked at actuarial?

Annananaf · 17/02/2025 12:37

Also for IBD you can do whatever degrees. From what I've read it's mostly more of a where you studied Vs what you studied. There are people who do IBD with language degrees

bidZib · 17/02/2025 13:15

Annananaf · 17/02/2025 12:37

Also for IBD you can do whatever degrees. From what I've read it's mostly more of a where you studied Vs what you studied. There are people who do IBD with language degrees

People with language degrees or "any degrees" don't do quantitative roles in investment banking. Unlike the quants, they are very replaceable, and therefore can expect ruthless targets and all the stress that goes with them.

coolcahuna · 17/02/2025 13:23

My son is going to do Economics starting this September. Think it's a great base for many roles in finance, accountancy or law as he's undecided what he would like to do after university. I've also encouraged him not to get too specialised too early.

Annananaf · 17/02/2025 13:56

bidZib · 17/02/2025 13:15

People with language degrees or "any degrees" don't do quantitative roles in investment banking. Unlike the quants, they are very replaceable, and therefore can expect ruthless targets and all the stress that goes with them.

Edited

You don't need a quantitative degree to work in investment banking. IBD isn't very quantitative, it's mostly excel formulas. No higher level maths is done at all.

Quants don't work in "investment banking". They work in in either trading or asset management.

TizerorFizz · 17/02/2025 15:41

It would also be ridiculous for any form of banking to have only one type of graduate. Other degrees have different skills and a blend is needed. They definitely are not all maths grads and neither should they be.

bidZib · 17/02/2025 16:02

Nobody said that investment banking only has one type of graduate. If anyone interpreted my previous comment that way then they mis-read it.

The OP's DC has a strong maths interest, so it's important for him to understand that there are different roles in investment banking, some of which need more maths than others. The roles that need "any degree" will obviously be a very different experience to the roles that need a strong maths focus.

TizerorFizz · 17/02/2025 23:16

@bidZib There has been loads of advice that maths and FM are vital. I think they want to recruit a variety and the dc here should do the sciences he likes but being personable and being articulate count for a lot too.

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