I've taken the SAT and 4 SAT subject tests. On my SAT I had a 2220. My SAT subject tests were all 700+.
I wanna become an investment banker but I don't know what to major in. People tell me finance and economics but I can't find a major that has both finance and economics. Other people tell me finance economics and accounting, and I still can't find a major that all three of those.
Without a major I can't find a college that offers what I'm looking for.
What would be a good major for someone who wants to become an investment banker? get a business degree and apply at an investment bank.. I suggest that you should visit www.simplyrichsg.com/bmb. I'm sure that you will find what you are looking for here. You can make $1000 in one day as long as you are willing to commit yourself to it. You can do anything you want. Even when you are fast asleep, going out or even do nothing, you can still earn money because this system works in automatic mode!
Read on if you want to know more. Hope that it can help you. Cheers!~ (^_^) get a job as a teller in a bank
read everything you can find on the subject
find what you enoy reading most and then read more of it
then go to college and take business, accounting and economics There is no particular major you need to be in. I cut and pasted an answer I gave to a high school senior yesterday asking about how to get a job as an M&A i-banker. Hope it helps:
Some classes in economics, finance and some mathetmatics would be good, as well as good grades, and the ability to do powerpoint and excel.
From some of your previous questions I see you might be a baseball player. If you can play a sport in college that could be a real advantage as investment banks like to pride themselves on having smart, aggressive leaders who know what it takes to win.
I would also suggest that you get knowledgeable about the world of mergers and acquisitions -- read the WSJ or at least dealbook (the NYTimes blog on the world of corporate finance) and www.dealbreaker.com (sort of a gossip blog on investment banking). In a very short time you'll know the lingo and the pecking order of bankers and banks, PE shops and hedge funds.
So that's my advice. Here's the bad news: if you are looking to go to a bulge bracket bank (the ones most non-finance types know -- Goldman, Lehman, JP Morgan, Citi) -- they draw almost all their analyst class exclusively from the Ivy leagues, Stanford, MIT and a couple other schools -- not Akron. If you are unable to go to one of those schools you'll have to write in to get an interview and there are not many slots for that if you don't have connections.
The best way to get around that is to consider and research smaller banks (make sure to just write everyone when it comes to look for a job -- Thomas Weisel, Houlihan Lokey, WR Hambrecht and even regional I-banks and advisory firms ) and see whether whatever university you attend's alumni office has contacts of alums that are investment bankers. You should contact them ... they might be willing to help someone from their alma mater try and get their foot in the door.
--------------------------------
Search using www.yahoo.com All three of the subject areas you mention are helpful. All three area majors in and of themselves, but all are business degrees and will normally require you to take the principles courses of each of them for a major in any of them. From that start you can decide if you want a double or triple major, or if you want to major in one and minor in the other, or if you want to take another approach entirely. Any of those degrees will give you a leg up on your desires, but none guarantee them, and it is possible to move into that arena with nothing more than a bright mind and a knack for sales.
Which I would actually recommend will depend on your location, your desired future location, and what you are willing to accept as a fallback career. It would also depend partly on what age you believe you will be when you complete the education and hit the job market.
Degreed accountants will never suffer from a lack of work. One of their primary strengths in investment banking is their ability to analyze an existing business to determine value prior to a sale. You need not be a particular age to do this, because you are not going to be dealing with the guy you want to get $1 million from.
Finance majors have the next best outside opportunities. They can find work with many large companies, but especially with banks. They also find ready jobs in brokerage companies. In investment banking, they will normally specialize in knowing how to package a particular buyer to make him acceptable to a lender. A little age helps because a little age makes the buyer more comfortable with the service he gets from your company.
Economics majors have fewer other opportunities, they are primarily analysts and forecasters, both in and out of investment banking. Age helps a bit because a room full of strangers need to give you some respect when you tell them how and why your advice might matter. A knack for sales might also come in very handy here, because there are a lot more trained economists than jobs that need precisely that skill set. I have an economics MBA.
At most universities economics is the only one of these three majors that will require any calculus, but even then only a watered-down biz variety.
If I was OK with any of the three, I would go for accounting. If you want a mix, many schools will offer a general business degree that should offer the greatest variety of all three, but we live in an age in which specialist earnings generally far exceed those of a generalist. Having a true specialty will go further with a potential employer, as well.
The accounting, then the finance, majors will most impress a potential investment banking employer, in that order, because the employer will have no doubt that you have other options and must thus be serious about employment in investment banking.
Hope I've helped. |
