<p>Math majors are incredibly desirable for such lucrative positions as:</p>
<p>equity exotics structuring
commodity exotics structuring
exotics trading
algo/electronic trading
quantitative analytics
rates trading strategy
stat arb strategy
and of course anything in a hedge fund like DE Shaw or a prop shop like Jane Street Capital.</p>
<p>Business majors are unlikely to be asked to go anywhere near these areas. These positions are paid exceptionally well because there aren’t many people who have what it takes to do a decent job at them (unlike IBD).</p>