Best major for investment banking?

<p>For a student at UT Austin, which degree plan is better to get into investment banking, private equity, management consulting, or investment/asset management?
Also, is one degree plan better than the other for getting into a top MBA program?</p>

<p>BBA in Finance
Master of Accounting
GPA around a 3.7</p>

<p>BA in Math and Economics
GPA around a 3.5</p>

<p>Both take 5 years</p>

<p>Finance. I don't think the masters in accounting will help any though. Just major in finance and network.</p>

<p>Finance. 10char</p>

<p>Finance is my choice - although UT Austin isn't going to feed you into PE or buyside - you'll have a shot at IB for sure, especially regional, and it won't hurt you when applying to MBA programs, although B school will want much more than a good GPA in u grad. </p>

<p>I like either Finance or Finance and Math if you want to really push it. </p>

<p>PM me if you have other questions.</p>

<p>IBanker</p>

<p>@BankonBanking
What was your major and minor?</p>

<p>Finance and Math majors, Accounting minor</p>

<p>^Yeah I agree accounting minor. If not definitely take accounting classes, the material will be good to know later on.</p>

<p>Wait so 2 majors and a minor? Isn't it just usually one major? Sorry, I'm not even in college yet so don't really know</p>

<p>It can be - I just found some overlap in my accounting, finance and math coursework- and had some math credit from HS. </p>

<p>In short, 1 major is common, 2 majors is frequent and 3 majors is rare (though I've seen it).</p>

<p>IBanker</p>

<p>What university did you attend?</p>

<p>One major: finance, with a high gpa and networking. </p>

<p>Also double and triple majors are becoming more common, especially at UT. Dual degrees are more rare. My point being, don't major in something just because you think it will help you get a job. Especially math which can hurt you if you're not good at it. Major in something you enjoy and the gpa will come.</p>

<p>In my opinion, the finance tracks at UT don't matter. One or two courses will not dramatically increase your chances. My suggestion is do general finance and take finance electives you find interesting. This way you are given more freedom with your track courses. IF you still want an ibanking track, then investment management or quantitative finance. </p>

<p>For MBA your undergrad major does not matter a lot. It's mainly your GPA and GMAT. In fact, some MBA programs prefer non BBA students so they can have a diverse class. Also your work experience is pretty important as well.</p>

<p>Finance. In addition to / or instead of MBA, pursue CFA designation.</p>

<p>Great thread, glad it resurfaced. I'm very interested in the IB route, but I'm definitely drawn towards majoring in Finance. I'm a senior in high school now, but will hopefully be attending Boston College or University of Richmond. Both are great schools, but which do you feel would be the best for networking and setting myself up for success, be it IB or a similar profession down the line.</p>

<p>Thanks!</p>

<p>Double major in finance and accounting and try to get your CFA certification</p>

<p>You could try double major in finance and math and minor in accounting but I heard math is hard to keep a high gpa with, let alone with another major and minor.</p>

<p>I'd go with the first because with an accounting major you'll have a plethora of opportunities if IBD doesn't work out.</p>