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Old 05-28-2007, 12:13 AM   #1
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Biochemistry Major?

Hi everyone,

I have spending more time lately thinking about my future major. I really like biochemistry, so I have loaded up in science classes related to it. Do you think this major would actually prove to be useful in a career as a banker or consultant? I am also thinking about economics as a double major, by the way.

Also, I am unsure as to whether or not I should take further mathematics classes in college. I finished calc I, calc II, and statistics before matriculating, and was wondering whether a course like multivariable calc would be useful as well.
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Old 05-30-2007, 12:55 AM   #2
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I am taking Biochemistry to prepare for medical school. I am not too sure if this major would help you out as a bank consultant...
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Old 05-30-2007, 11:18 PM   #3
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bump bump - any more opinions?
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Old 05-31-2007, 12:02 AM   #4
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YES.

Do Biology and economics in college, it is insanely helpful.

The owner of the hedge fund I work with did this and he later went to Wharton and got his MBA and he been involved in a string of amazingly successful bio-startups and private equity.
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Old 05-31-2007, 03:24 AM   #5
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thanks for the response hello-motto,

i think that having a science background looks "good" to employers, but do you think it actually helps him in his day-to-day operations?

Also, what would you say is the value of upper-level math classes. I am a good quantitative thinker, so my thought is that unless I use the exact formulas that a match class teaches me, i won't get very much out of it. what do you think?
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Old 05-31-2007, 03:02 PM   #6
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I'm not qualified to speak on the value of a major in relationship to Banking specifically, so take what I say with a grain of salt.

The basic skills that science degrees, especially *hard* [by that I mean physics, chemistry, and probably biochemistry--not Biology and Geology] science degrees help reinforce are incredibly useful in any job. Skills like observation, analysis, and the ability to solve complex problems will help you in any field. This is the reason why people with science backgrounds appeal to HR departments. Upper-level math classes--like Applied Mathematics--are extremely valuable.

Good luck.
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Old 06-02-2007, 05:16 PM   #7
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I'm also a biochem/econ sophomore going into banking/consulting. I currently consult for two firms, and am making my entrance into banking this summer with a wall street firm. Biochem has never gotten more than a strange look and a casual question from a few recruiters/interviewers, and also makes you a better candidate for biotech/pharm analyst ibanking, if that is your interest.

And take more math. Everyone I've ever talked to in finance has adhered to this opinion. To my experience, firms don't really care about whether you take economics or not, rather that you understand the math in upper level economics.

Good luck!
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Old 06-02-2007, 10:45 PM   #8
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good point gd;

i'm currently doing an independent study of multivariable calc, and we'll see from here. what i've found, and i'm not sure if you agree with me or not, is that econ electives beyond econometrics and advanced macro theory are neither too intellectually-challenging nor practical. Financial accounting is one class that I will take, however, merely because it is very useful for finance.
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