Why are DCUM parents less inclined to have their child major in business?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

Well…it depends a ton if you have an Econ or finance degree from CMC vs a finance or Econ degree from say University of Alabama. The finance majors probably have an easier time getting a job in the Coca Cola management trainee program vs the Econ majors…or a real world example, getting a job in the Capital One trainee program.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

SV hires lots of kids from Santa Clara…not sure why you felt the need to throw shade for zero reason.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

SV hires lots of kids from Santa Clara…not sure why you felt the need to throw shade for zero reason.

I'm not "shading" them, it's just an acknowledged relationship that Apple has with Santa Clara. You think they couldn't get better applicants when Stanford is a 20 minute drive away? A lot of companies do similar DEI and location-based hiring, it's not a diss, just a part of the application game.

[Anonymous]

You can go to business school. I think undergrad should still be about intellectual exploration. DD wanted to apply to Wharton and we were dead set against it. It took a few
Weeks to talk her out of it. She’s heading to HYP for math.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

Well…it depends a ton if you have an Econ or finance degree from CMC vs a finance or Econ degree from say University of Alabama. The finance majors probably have an easier time getting a job in the Coca Cola management trainee program vs the Econ majors…or a real world example, getting a job in the Capital One trainee program.

CMC doesn't have a finance undergrad program. I'm not sure about Capital one specifically, but most finance development programs do list econ as a sought-after background. Would you really want to design a finance program that excludes Harvard econ grads for example? If you have any prominence, you'll definitely be getting applications from top colleges, so it wouldn't really help to close those students off with a finance major requirement.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

SV hires lots of kids from Santa Clara…not sure why you felt the need to throw shade for zero reason.

I'm not "shading" them, it's just an acknowledged relationship that Apple has with Santa Clara. You think they couldn't get better applicants when Stanford is a 20 minute drive away? A lot of companies do similar DEI and location-based hiring, it's not a diss, just a part of the application game.

Santa Clara is a Top 50 school and SV companies hire thousands of grads each year…way more than Stanford or Berkeley can even graduate in a year.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

SV hires lots of kids from Santa Clara…not sure why you felt the need to throw shade for zero reason.

I'm not "shading" them, it's just an acknowledged relationship that Apple has with Santa Clara. You think they couldn't get better applicants when Stanford is a 20 minute drive away? A lot of companies do similar DEI and location-based hiring, it's not a diss, just a part of the application game.

Santa Clara is a Top 50 school and SV companies hire thousands of grads each year…way more than Stanford or Berkeley can even graduate in a year.

DP. When has Santa Clara ever been a top 50 school? And, this is Google and Apple we're talking about, right? It's not like they won't be getting applications from CMU, Harvard, MIT, UIUC, Stanford, Berkeley, Georgia Tech, Purdue, etc. Santa Clara is nowhere near these colleges' ability.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

Well…it depends a ton if you have an Econ or finance degree from CMC vs a finance or Econ degree from say University of Alabama. The finance majors probably have an easier time getting a job in the Coca Cola management trainee program vs the Econ majors…or a real world example, getting a job in the Capital One trainee program.

CMC doesn't have a finance undergrad program. I'm not sure about Capital one specifically, but most finance development programs do list econ as a sought-after background. Would you really want to design a finance program that excludes Harvard econ grads for example? If you have any prominence, you'll definitely be getting applications from top colleges, so it wouldn't really help to close those students off with a finance major requirement.

Most Harvard grads have little interest working for a F500 company…even if you designed a program for them I bet you wouldn’t even fill 50 interview slots at Harvard for say the Ford or Eli Lilly or John Deere Finance/Trainee program.

Companies know their target audience and are way more likely to recruit from Penn State than Harvard.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

SV hires lots of kids from Santa Clara…not sure why you felt the need to throw shade for zero reason.

I'm not "shading" them, it's just an acknowledged relationship that Apple has with Santa Clara. You think they couldn't get better applicants when Stanford is a 20 minute drive away? A lot of companies do similar DEI and location-based hiring, it's not a diss, just a part of the application game.

Santa Clara is a Top 50 school and SV companies hire thousands of grads each year…way more than Stanford or Berkeley can even graduate in a year.

DP. When has Santa Clara ever been a top 50 school? And, this is Google and Apple we're talking about, right? It's not like they won't be getting applications from CMU, Harvard, MIT, UIUC, Stanford, Berkeley, Georgia Tech, Purdue, etc. Santa Clara is nowhere near these colleges' ability.

Go look at USNews…it’s ranked #50. Location matters…Santa Clara students can easily intern during the school year with Silicon Valley companies.

Google hire more kids from San Jose State than probably UIUC or GA Tech. That’s another school where location matters.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

Well…it depends a ton if you have an Econ or finance degree from CMC vs a finance or Econ degree from say University of Alabama. The finance majors probably have an easier time getting a job in the Coca Cola management trainee program vs the Econ majors…or a real world example, getting a job in the Capital One trainee program.

CMC doesn't have a finance undergrad program. I'm not sure about Capital one specifically, but most finance development programs do list econ as a sought-after background. Would you really want to design a finance program that excludes Harvard econ grads for example? If you have any prominence, you'll definitely be getting applications from top colleges, so it wouldn't really help to close those students off with a finance major requirement.

CMC has a combined BA/MA in finance that is completed in 4 years. CMC is a relatively big Wall Street feeder because it has a Finance degree.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

SV hires lots of kids from Santa Clara…not sure why you felt the need to throw shade for zero reason.

I'm not "shading" them, it's just an acknowledged relationship that Apple has with Santa Clara. You think they couldn't get better applicants when Stanford is a 20 minute drive away? A lot of companies do similar DEI and location-based hiring, it's not a diss, just a part of the application game.

Santa Clara is a Top 50 school and SV companies hire thousands of grads each year…way more than Stanford or Berkeley can even graduate in a year.

DP. When has Santa Clara ever been a top 50 school? And, this is Google and Apple we're talking about, right? It's not like they won't be getting applications from CMU, Harvard, MIT, UIUC, Stanford, Berkeley, Georgia Tech, Purdue, etc. Santa Clara is nowhere near these colleges' ability.

Go look at USNews…it’s ranked #50. Location matters…Santa Clara students can easily intern during the school year with Silicon Valley companies.

Google hire more kids from San Jose State than probably UIUC or GA Tech. That’s another school where location matters.

Np. This is a bratty response, but its ranked #60 lol. SCU is a good college though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

Well…it depends a ton if you have an Econ or finance degree from CMC vs a finance or Econ degree from say University of Alabama. The finance majors probably have an easier time getting a job in the Coca Cola management trainee program vs the Econ majors…or a real world example, getting a job in the Capital One trainee program.

CMC doesn't have a finance undergrad program. I'm not sure about Capital one specifically, but most finance development programs do list econ as a sought-after background. Would you really want to design a finance program that excludes Harvard econ grads for example? If you have any prominence, you'll definitely be getting applications from top colleges, so it wouldn't really help to close those students off with a finance major requirement.

CMC has a combined BA/MA in finance that is completed in 4 years. CMC is a relatively big Wall Street feeder because it has a Finance degree.

Most CMC students are not taking up the BA/MA. It's maybe 10-15 students per class of 200 econ majors on average. CMC did well without finance for a long time adn got lucky to graduate "K" and "R" of KKR. There's few econ schools better than it in SoCal, so it's easy to step into Moelis.

[Anonymous]

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Anonymous wrote:Many good schools don’t even have undergrad business degrees.

Because they have been around since the time when college was mainly for affluent men and post-college employment was a sure thing for any male college grad.

This.

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Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

Well…it depends a ton if you have an Econ or finance degree from CMC vs a finance or Econ degree from say University of Alabama. The finance majors probably have an easier time getting a job in the Coca Cola management trainee program vs the Econ majors…or a real world example, getting a job in the Capital One trainee program.

CMC doesn't have a finance undergrad program. I'm not sure about Capital one specifically, but most finance development programs do list econ as a sought-after background. Would you really want to design a finance program that excludes Harvard econ grads for example? If you have any prominence, you'll definitely be getting applications from top colleges, so it wouldn't really help to close those students off with a finance major requirement.

CMC has a combined BA/MA in finance that is completed in 4 years. CMC is a relatively big Wall Street feeder because it has a Finance degree.

Most CMC students are not taking up the BA/MA. It's maybe 10-15 students per class of 200 econ majors on average. CMC did well without finance for a long time adn got lucky to graduate "K" and "R" of KKR. There's few econ schools better than it in SoCal, so it's easy to step into Moelis.

OK…but it’s literally called the Robert Day School of Economics and Finance.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:dcum always recommends CS and Engineering as degrees with best employment but I recruit finance undergrad and it is a decent major.

I don't really see the difference between DCUM promoting econ majors and finance degrees. They overwhelmingly go to the same careers.

That’s not really true. Econ and Finance majors from top schools may end up in IB and consulting, but you will find more Finance majors working for F500 companies either in trainee programs or going into financial planning & analysis or treasury functions. Econ majors aren’t usually hired for these roles.

Statistically, you have far more Econ majors pursuing graduate work vs finance majors as well (and interestingly, you have Math and Econ majors pursuing finance PhDs in higher numbers than finance undergrads).

I don't necessarily see the difference, other than you just saying econ majors aren't hired. From DC's recent cohort, quite a few are going to Apple after going into their Financial Developer program, and a ton participate in those trainee programs for financial planning and many of those jobs list "Finance, Financial Economics, Econ,..." as acceptable degrees. Sure, many went into IB or Consulting, but most end up in typical financial positions that you would get from a decent finance program. Of course, more people are going into Econ grad school-there's more economics to do out in the academic world, and if your goal is to work for the Fed or some prime-time international NPO, grad programs place well into them. The math majors going into finance want to be quants, not really surprising to me.

From what school? You have to go beyond the Top 50 to understand the difference for an Econ major vs a Finance major and career paths.

Actually…there is plenty of grad school work for Finance PhDs but schools have a hard time getting people to pursue those PhDs…that is why a finance PhD comes with a generous stipend and it is one of the few academic areas with lots of tenure-track jobs.

I don't see why. The type of students to get into a Finance PhD program are top students. The type of students to get into a good finance development program are from top schools overwhelmingly (in the case of Apple, they take a few "local" students at Santa Clara University for DEI). If you have the chops to get into a good finance career, you typically come from the top 50 or 100 colleges.
DC attended CMC.

Well…it depends a ton if you have an Econ or finance degree from CMC vs a finance or Econ degree from say University of Alabama. The finance majors probably have an easier time getting a job in the Coca Cola management trainee program vs the Econ majors…or a real world example, getting a job in the Capital One trainee program.

CMC doesn't have a finance undergrad program. I'm not sure about Capital one specifically, but most finance development programs do list econ as a sought-after background. Would you really want to design a finance program that excludes Harvard econ grads for example? If you have any prominence, you'll definitely be getting applications from top colleges, so it wouldn't really help to close those students off with a finance major requirement.

CMC has a combined BA/MA in finance that is completed in 4 years. CMC is a relatively big Wall Street feeder because it has a Finance degree.

Most CMC students are not taking up the BA/MA. It's maybe 10-15 students per class of 200 econ majors on average. CMC did well without finance for a long time adn got lucky to graduate "K" and "R" of KKR. There's few econ schools better than it in SoCal, so it's easy to step into Moelis.

OK…but it’s literally called the Robert Day School of Economics and Finance.

That has really nothing to do with the conversation. We can go into CMC-Roberts history, but it's not the finance that propelled them. It's the econ. It's an econ liberal arts college.