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>More than 2/3rds of my graduating physics class went straight into banking How does one get hired into banking with a physics degree? For what kinds of jobs?
by Cumpiler69 2y ago
>More than 2/3rds of my graduating physics class went straight into banking
How does one get hired into banking with a physics degree? For what kinds of jobs? Where I live right now you only get into banking with a economics/business degree. Anything else and your resume goes in the bin.
- jakey_bakey 2y agoStem degrees are pretty high rated
- Cumpiler69 2y agoThat's a vague answer that doesn't answer my specific question. I also have a STEM degree (electrical engineering) but would never be considered for finance roles.
- gostsamo 2y agodata. stem people can do math and data analysis.
- jwiz 2y agoPhysics math has high overlap with Finance math.
- growse 2y agoI have a chemistry degree and an entire career doing software / system engineering in financial services. I've also hired a boatload of people with STEM degrees. In fact (massive generalisation warning) I prefer hiring them to those with computer science degrees.
- Cumpiler69 2y agoHow does one pivot into finance with a stem degree and computer engineering experience? What are you looking for in a resume and what's the interview process like?
- growse 2y agoI guess it depends on what you mean by "finance". I'm talking specifically about technology & engineering in financial services. But mostly, in a resume, I'm looking for 1) evidence of competence (do you know what software is and how to make it), 2) evidence of interest in the domain and 3) evidence of being able to communicate with others. Everything else specialist can be taught / learned. You don't need to know either how to balance a tree, or how to calculate the value of an IR swap.
- i_don_t_know 2y agoI think banks / insurance companies are looking for solid math skills. If you can learn / work with higher math for physics, you can work with financial math.
- EVa5I7bHFq9mnYK 2y agoA bank is a very diverse organism. There was a group at our bank, they knew very little English and none of the business/economy. Their task was to solve differential equations, something physicists are trained to do.
- hackandthink 2y agohttps://en.wikipedia.org/wiki/Quantitative_analysis_(finance) https://en.wikipedia.org/wiki/Quantitative_analysis_(finance... My experience: even when it comes to only implementing financial products, banks prefer mathematicians/physicists as software developers.
- tomatocracy 2y agoI haven't been in banking for a while (I'm on the investment side of finance now) but I have been in finance for 20 years now. I'd say that at least in London, my experience is that a majority have degrees which weren't economics/business - sciences and (general) engineering degrees are very common, and maths and comp sci aren't uncommon.