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Is majoring in math a good route if I want to go into finance?

I am currently majoring in math and economics and I am striving to go into the finance field. The only reason I am majoring in math and econ is because my college doesnt offer a finance degree. Is this a good idea?

#finance #math #economics #accounting

finance accounting math economics
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Nicholas’s Answer

My experience is that the answer to your question is dependent upon what type of business you want to be involved with. Math majors are often extremely talented when it comes to the numbers and this major could benefit you if you want to be a part of a business model that is dependent on math and learn other skills as you work. However, as an accountant I would recommend a business major if you want to be in business. If you want to move up in the business world you will need an understanding of all facets of a company.

For example, if you are in business you have to understand accounting and the relevant rules. The business curriculum will teach you the basics of accounting, marketing, operations, etc. The math major will have you spend more time on specific math skillsets.

No matter what you decide, I agree with the advice above. As a math major you would need a minor in business or as a business major that enjoys math you might take a few more advanced math courses to signal to employers your best skillset.
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Joe’s Answer

Yes, having a math background is completely needed for a finance career also knowing spread sheets and knowing pivot tables is helpful.
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Nick’s Answer

Majoring in math is a great path for a career in finance. I would look to take courses in accounting and data science such as courses in machine learning, artificial intelligence and marketing also. Be able to also build relationships with people.

Good luck
Nick
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