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How good are stem degrees for finance jobs?

Hi, I’ve really been struggling to decide on this point for a while, which has led to me taking a gap year but I’m still absolutely lost as the last thing I want to do is do a degree either at a uni I don’t like or one which I may struggle to get a well respected job in afterwards.
I think I want to go into finance after uni but I have no idea whether I’d prefer accounting, banking or something completely in a completely different field.
Ive seen typically for finance jobs, there’s rarely a required degree and lots of people enter finance with STEM degrees (if they’re from well respected unis), however the stem subjects I enjoy enough to pursue a degree in (Biology, Geography, neuroscience etc) all lack the quantitative skills I feel would be necessary in finance jobs so I feel they’d hold me back. I also think they can be viewed as “fluffier” than perhaps more intense degrees such as economics, maths and chemistry.
So far, I’ve mainly been looking at finance and also economics degrees, which I find certain aspects interesting for, however I’m extremely limited on uni choices for it with my lack of a level maths, so my best options are Durham finance and Nottingham economics. My worry is I’m far more interested in the theory side of finance rather than the quantitative side and I know economics degrees tend to be 80% maths, which I’ve heard is over the top for most finance jobs as a lot require gcse math skills and not degree level econometric skills. I do really enjoy analysing data and trend s and as such I think I’ve gone over the top recently, analysing average pay with each degree from each uni and I think it’s affecting my decision making as obviously people with neuroscience degrees are less likely to go into the high paying world of finance than someone with an econ degree so I was wanting to hear some other opinions.
I do think I find qualitative finance / econ very interesting such as why political decisions influence markets and the various factors which influences how a country performs economically; but I also really enjoy looking into things like genetics, psychology and human geography so my interests are so widespread and mostly difficult to put together.
My a levels grades were AAA in Bio, chem and geography

I think my main questions here really are, if I did neuroscience, biology, geography or some other science from the likes of Warwick, Durham, Bath, Nottingham or UCL, am I still in a good position for jobs unrelated to the degree in competitive fields such as finance? Will I still have a high earning potential? Are there any degrees like econ and finance which are less quantitative but still well respected? For finance jobs, if I do a stem degree, is it better to do the stem degree at a top ranked stem uni or a top ranked finance uni?
Thanks!!

Reply 1

Original post
by Jackjillinghall
Hi, I’ve really been struggling to decide on this point for a while, which has led to me taking a gap year but I’m still absolutely lost as the last thing I want to do is do a degree either at a uni I don’t like or one which I may struggle to get a well respected job in afterwards.
I think I want to go into finance after uni but I have no idea whether I’d prefer accounting, banking or something completely in a completely different field.
Ive seen typically for finance jobs, there’s rarely a required degree and lots of people enter finance with STEM degrees (if they’re from well respected unis), however the stem subjects I enjoy enough to pursue a degree in (Biology, Geography, neuroscience etc) all lack the quantitative skills I feel would be necessary in finance jobs so I feel they’d hold me back. I also think they can be viewed as “fluffier” than perhaps more intense degrees such as economics, maths and chemistry.
So far, I’ve mainly been looking at finance and also economics degrees, which I find certain aspects interesting for, however I’m extremely limited on uni choices for it with my lack of a level maths, so my best options are Durham finance and Nottingham economics. My worry is I’m far more interested in the theory side of finance rather than the quantitative side and I know economics degrees tend to be 80% maths, which I’ve heard is over the top for most finance jobs as a lot require gcse math skills and not degree level econometric skills. I do really enjoy analysing data and trend s and as such I think I’ve gone over the top recently, analysing average pay with each degree from each uni and I think it’s affecting my decision making as obviously people with neuroscience degrees are less likely to go into the high paying world of finance than someone with an econ degree so I was wanting to hear some other opinions.
I do think I find qualitative finance / econ very interesting such as why political decisions influence markets and the various factors which influences how a country performs economically; but I also really enjoy looking into things like genetics, psychology and human geography so my interests are so widespread and mostly difficult to put together.
My a levels grades were AAA in Bio, chem and geography
I think my main questions here really are, if I did neuroscience, biology, geography or some other science from the likes of Warwick, Durham, Bath, Nottingham or UCL, am I still in a good position for jobs unrelated to the degree in competitive fields such as finance? Will I still have a high earning potential? Are there any degrees like econ and finance which are less quantitative but still well respected? For finance jobs, if I do a stem degree, is it better to do the stem degree at a top ranked stem uni or a top ranked finance uni?
Thanks!!

if I did neuroscience, biology, geography or some other science from the likes of Warwick, Durham, Bath, Nottingham or UCL, am I still in a good position for jobs unrelated to the degree in competitive fields such as finance?

Yes, but it is better to study a finance-related course. There are non-finance grads who thrive in finance but others struggle.

I would suggest a course in PPE or Geography for you.

Will I still have a high earning potential?

Yes

Are there any degrees like econ and finance which are less quantitative but still well respected?

History, Geography, Classics.

For finance jobs, if I do a stem degree, is it better to do the stem degree at a top ranked stem uni or a top ranked finance uni?

If you are interested in finance, do a finance degree. There are some finance pathways such as in Finance Tech that align well with STEM degrees.

Reply 2

Original post
by Wired_1800
if I did neuroscience, biology, geography or some other science from the likes of Warwick, Durham, Bath, Nottingham or UCL, am I still in a good position for jobs unrelated to the degree in competitive fields such as finance?
Yes, but it is better to study a finance-related course. There are non-finance grads who thrive in finance but others struggle.
I would suggest a course in PPE or Geography for you.
Will I still have a high earning potential?
Yes
Are there any degrees like econ and finance which are less quantitative but still well respected?
History, Geography, Classics.
For finance jobs, if I do a stem degree, is it better to do the stem degree at a top ranked stem uni or a top ranked finance uni?
If you are interested in finance, do a finance degree. There are some finance pathways such as in Finance Tech that align well with STEM degrees.


Great, I’ll definitely look more into geography if that’s the case. Since making the post I think I’m leaning into the idea of applying for Notts econ, Durham finance (emailing both unis to see if I can submit my PS separate from my main ucas one and applying to biosciences at imperial, UCL and a third choice, though I may consider geography instead. Thanks a lot!

Reply 3

Original post
by Jackjillinghall
Hi, I’ve really been struggling to decide on this point for a while, which has led to me taking a gap year but I’m still absolutely lost as the last thing I want to do is do a degree either at a uni I don’t like or one which I may struggle to get a well respected job in afterwards.
I think I want to go into finance after uni but I have no idea whether I’d prefer accounting, banking or something completely in a completely different field.
Ive seen typically for finance jobs, there’s rarely a required degree and lots of people enter finance with STEM degrees (if they’re from well respected unis), however the stem subjects I enjoy enough to pursue a degree in (Biology, Geography, neuroscience etc) all lack the quantitative skills I feel would be necessary in finance jobs so I feel they’d hold me back. I also think they can be viewed as “fluffier” than perhaps more intense degrees such as economics, maths and chemistry.
So far, I’ve mainly been looking at finance and also economics degrees, which I find certain aspects interesting for, however I’m extremely limited on uni choices for it with my lack of a level maths, so my best options are Durham finance and Nottingham economics. My worry is I’m far more interested in the theory side of finance rather than the quantitative side and I know economics degrees tend to be 80% maths, which I’ve heard is over the top for most finance jobs as a lot require gcse math skills and not degree level econometric skills. I do really enjoy analysing data and trend s and as such I think I’ve gone over the top recently, analysing average pay with each degree from each uni and I think it’s affecting my decision making as obviously people with neuroscience degrees are less likely to go into the high paying world of finance than someone with an econ degree so I was wanting to hear some other opinions.
I do think I find qualitative finance / econ very interesting such as why political decisions influence markets and the various factors which influences how a country performs economically; but I also really enjoy looking into things like genetics, psychology and human geography so my interests are so widespread and mostly difficult to put together.
My a levels grades were AAA in Bio, chem and geography
I think my main questions here really are, if I did neuroscience, biology, geography or some other science from the likes of Warwick, Durham, Bath, Nottingham or UCL, am I still in a good position for jobs unrelated to the degree in competitive fields such as finance? Will I still have a high earning potential? Are there any degrees like econ and finance which are less quantitative but still well respected? For finance jobs, if I do a stem degree, is it better to do the stem degree at a top ranked stem uni or a top ranked finance uni?
Thanks!!

Hiya, sorry to reply to your post a tad late, but have you looked at the University of East Anglia's BSc (Hons) Environmental Sciences? If you are thinking about biology and geography, but want more quantitive skills, then they would be a great fit. Plus, according to UCAS statistics 98% of people who apply get in, and when I went there earlier this year for an Open Day and Mini Open Day, I found out that they have over 100ish students start the course each year, so you'll have plenty of people in the same boat as you. Env Sci is a really sought out degree in today's world, not just for the science reason, but because of the business and finance aspect of it too.

What's so great about their Env Sci programme is that they give you so much choice in what to do, you can even specialise in Environmental Economics! They offered a placement year in industry, so you could ask for a placement year in the finance sector and learn valuable quantitative skills there. I'll include the link in this post. I hope this helps :smile:

https://www.uea.ac.uk/course/undergraduate/bsc-environmental-sciences

Reply 4

degree doesn’t matter. you need to aim for a target uni

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