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Finance+Computer Science vs Finance+MIS

xhongxkongxxhongxkongx Posts: 76Registered User Junior Member
edited January 2010 in Business Major
Hi, I just have a question regarding double major vs major+minor.
I'm currently major in Finance and I was just wondering which one would be more helpful for my future, and which one will benefit me most. I have a couple of options here as listed from the title.
1) Double major in Finance and Computer Science or
2) Double major in Finance Management Information Systems or
3) Major in Finance, minor in Computer Science or
4) Major in Finance, minor in Management Information Systems
5) Double major in Finance with something else
6) Major in Finance with another minor
7) Just major in Finance with no minor since it is a waste of time?

I know that you'll get more out of the double majors, especially a double major in Finance with CS, but questions to consider are:
1) Would you need that much education? I.E: Will you need everything you've learned in double majoring Computer Science, or MIS?
2) Or to put the first question in simple terms, is Majoring in Finance and minoring in CS or MIS enough?

I am definitely going to major in Finance, but if anyone has any better suggestions, like something else I should minor/double major in feel free to leave me a comment. I'm open to all sorts of feedbacks.
Post edited by xhongxkongx on

Replies to: Finance+Computer Science vs Finance+MIS

  • KulakaiKulakai Posts: 1,683Registered User Senior Member
    A more important question is why do you want to minor in cs or mis? Do you specifically just want to learn a few languages that are utilized in the finance industry to help you communicate with engineers/developrs? or do you actually want to do financial engineering/programming as a career?

    I think having more information as to what other majors you have a personal interest in as well as what specific career/job you are interested in would help us give you a better answer.
  • xhongxkongxxhongxkongx Posts: 76Registered User Junior Member
    thanks kulakai. But I'm mainly just looking for a guider as to which path would be best. I really don't mind taking either or. I just want to know which one will give me more opportunities after I graduate and which combination will give me a higher salary.
  • KulakaiKulakai Posts: 1,683Registered User Senior Member
    Well for starters, don't study anything you don't have a personal interest in because you won't apply yourself as much and your gpa will suffer. You will have better opportunities and thus a higher salary if you have a higher gpa and better work experience/internships under your belt. People assume that just because you double major, you will be seen as a more competitive candidate than someone who just majored in finance and this isn't necessarily always true as lots of firms prefer the candidates with the higher gpa and work experience.

    There many different career options within the field of finance/business so it is best if you do some research to find out what specifically you are interested in doing and then tailor your finance concentration towards that. There are plenty of websites or finance books out there could help you research what different jobs there are. Some might call for some CS knowledge suggesting a CS minor (such as financial engineering), others might call for heavy math quant knowledge which would suggest a math minor etc.

    MIS is generally for people who want to work in management over IT systems eventually leading to jobs like the director of IT or a CIO.

    So really, we can not answer the question for you without knowing what specifically you are interested in doing.
  • jonahrubinjonahrubin Posts: 547Registered User Member
    Find out the degree requirements for each for starters. MIS is a business major and might require less extra hours for someone who is already getting a degree in another business major. CS is probably under the umbrella of a different college at your university and might require extra courses beyond just the 24 hours or whatever is considered part of the major. A Finance major here(at a business college which awards BBA's) would have to meet various different requirements to get a BA or BS in Econ for example. A BA requires foreign language credit and a BS requires additional science classes. If you are getting a BBA in Finance you might have to fulfill different requirements to get a BS in Computer Science simultaneously.
  • xhongxkongxxhongxkongx Posts: 76Registered User Junior Member
    Thanks guys, really appreciate it; I think i know what to do now.
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