Undergraduate Major

Hello, I'm in my freshman year in college in Hong Kong studying social sciences. Can I break into IB with my current major? If not, should I change my major now, or later when I go to graduate school? Thanks in advance!

 

Hi there! Yes I don't necessarily see studying something not related to finance/economics/accounting stops someone breaking into IB. However, beside studying social science, one should also take mathematics/statistics courses I assume? Since on job qualifications I often see quantitative analytical skills are required.

 

I think you could argue human behaviour in its social and cultural aspects gives you an understanding of how people might do things and affect the market.

I think if you are absolutely sure you want to go into IB you’d want to be doing something that show you have a genuine interest in that industry with a degree that matches or would be useful in IB, Finance, Economics, Mathematics analytical data. That sort of thing.

I have heard about people with non relavent degree getting in but you need to question how many of these people knew or had connections in the industry already. If you have connections you have a chance with what ever degree you have.

I’ll say this. If your not absolutely sure about finishing social science that’s only going to grow over the years. Better to switch if you have doubt’s about it in the long term. It depends on whether you enjoy it. 

 

I disagree, around 50% of interns study something that isn't related to finance at all these days... really don't think 50% are going to have meaningful connections.

 

Really it’s that high 50%, I’m quite surprised. Well I’ll admit when I’m wrong, connections are playing apart even if it’s not as high as I thought. 
Thank you 

 

Libero aut iusto et earum. Nisi doloremque accusantium sunt inventore cum. Earum quibusdam saepe tenetur dicta laudantium. Commodi nihil aut sint laboriosam accusamus eaque. Provident est ut deleniti est laborum ea dolore omnis.

Voluptas quia amet voluptatem aspernatur. Illum quibusdam rerum quia officiis a in. Fugit odit dolor et laborum cum ab iusto nisi. Accusamus odit nulla culpa omnis reprehenderit odio omnis.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”