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Engineering Course - Suited to finance/Banking?

I have a good interest in finance/banking.

They look at engineering grads as very employable. However, what line of engineering would you think is best suited for someone wishing to go into finance/banking, accountancy/financial management and the such? I am thining between chemical/mechanical/aeronautical and EE.

I know your prob wondering why not do maths? Its because engineering is very practical and applied maths/physics, thus making it somewhat interesting - and you'll always have that option in the future to become an engineer.
Reply 1
ma2k5
I have a good interest in finance/banking.

They look at engineering grads as very employable. However, what line of engineering would you think is best suited for someone wishing to go into finance/banking, accountancy/financial management and the such? I am thining between chemical/mechanical/aeronautical and EE.

I know your prob wondering why not do maths? Its because engineering is very practical and applied maths/physics, thus making it somewhat interesting - and you'll always have that option in the future to become an engineer.

Im having the same thoughts as you and the first thing is you need to get into a good uni like Imperial or Oxbridge. Then I would say the best suited courses would be aero or EE due to the high level of maths. After that I would say mech or civil would be a pretty good bet to get into banking. This is just my opinion of course.
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Im having the same thoughts as you and the first thing is you need to get into a good uni like Imperial or Oxbridge. Then I would say the best suited courses would be aero or EE due to the high level of maths. After that I would say mech or civil would be a pretty good bet to get into banking. This is just my opinion of course.



You mention everyone but Chem. I'm due to start Chem at Imperial very soon so I'm in a position to be able to comment. I only know about Chem, don't know about the rest (wouldn't be hard for me or you to find out though) and I can tell you that a significant chunk of Imperial ChE grads go into banking/consultancy/finance each year.

So what can you conclude? It appears that it really doesn't matter which engineering you do so I would choose the one you think you'll enjoy the most and thus perform best in. Good luck :wink:
Reply 3
Oxford's Engineering, Economics and Management would be perfect for you.
Reply 4
Quite frankly I don't think it really matters what type of engineering you do if you want to go into finance. I know people from a whole range of engineering degrees who've moved over to IB/accountancy/etc. on graduation. Any engineering degree should be sufficiently numerate for a job like that, so probably the best plan is to pick the one you think you will enjoy most, as that in turn is likely to lead to a good grade for it and therefore will give you the best chance at getting into the firm of your choice.
Reply 5
EEE most probably. A lot of EEE graduates from Imperial end up at banks...however only about 7% of Aeronautics graduates from IC tend to go into finance. I think the reason is that Aero is so specialised that you have to have an interest in the field before you even start the degree which tends to mean that you end up going into the industry due to your interest pre-degree.
Reply 6
I'd disagree with the above comment. I beleive that all engineering degrees are roughly the same interms of the graduates being accepted to finance. However, I've noticed that most EEE or Computer Engineering students end up in Technology departments at big investment banks.

BTW, about 60 percent of Aeronautics grads go to finance/management/consultancy, and if I remember correctly it's only 30 percent that goes to aero industry. 10 percent end up doing PhDs.
Reply 7
klutz

BTW, about 60 percent of Aeronautics grads go to finance/management/consultancy, and if I remember correctly it's only 30 percent that goes to aero industry. 10 percent end up doing PhDs.


I was quoting numbers from Imperial College. These were the figures I was given by the careers office.

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