Age 23: Ops at a Large Bank ($44k Base +$550 bonus) Age 24: New job, Research Analyst at a $5B Asset Manager ($65k Base + $6k Bonus). Personal Finance; Student money: 'Useless degree' costly. Previously, all that was needed to get a license was 3-years of full-time, on-the-job experience, but as of 2006 (right when I graduated), the ASCP decided to change the licensing requirements around, thereby rendering my undergraduate degree completely useless. Reply. Which these do not apply to trading, which is pretty useless from what i've seen. Nio, Xpeng and Li Auto sales boomed. My school allegedly has a 95% placement rate at the masters level. What is a useless major? In fact, I've only received 2 responses to my applications over the two years. “Most Useless Degrees” is the type of dismissive language that a steroetypical culture warrior would use, not a journalist or an expert on the matter. You don't even need a college degree to trade or invest. Amanda Ruggeri is a senior journalist and editor at BBC.com. When you say private banking, do you mean for example, the private wealth management arm of JPMorgan, or do you mean advising HNW clients at a retail Chase branch? I bet you’re surprised to see banking degree among the list of useless degree that won’t be relevant in the next 10 years. If you enjoy it and thrive, then a career will follow. You have to specialize. BUSINESS DEGREES ARE USELESS. So I think it’s helpful to have at least one of these and to take advantage of them. In finance… Top Finance & Accounting Courses Top IT & Software Courses Top Office Productivity Courses Top Personal Development Courses Top Design Courses ... › reddit useless degrees › is a business degree useless › useless college degrees › associates degree useless › is a communications degree useless Is a degree with a <70 WAM useless for finance? Private banking is very different to commercial and does rely a lot on having connections. Econ teaches you a lot of math which is very useful for careers in finance or accounting. Most American workers work for mid to very small companies in which there is one HR person for the entire workforce. Those are the business majors to focus on. Look into learning R and Tableau if you want to have a leg up on other people with marketing degrees. I graduated with a B-comm finance degree, never got employed anywhere to date. No, the degree isn't useless, but it doesn't actually help you much on the job either. One article from Business Insider named marketing degrees in its list of the 10 most useless graduate degrees. So that human resource can see that you can follow through with education? from May 2018; to June 2018; last updated – posted 2018-Jun-27, 4:34 pm AEST posted 2018-Jun-27, 4:34 pm AEST User #786894 511 posts. It's more a minimum requirement to be considered for an interview. So to help you get a taste of what kind of compensation you can expect, let’s take a closer look at some of the median annual salaries of five common finance positions in 2016: 1. So far, in my opinion not really. The employment market has a job to keep up. I intend on starting university next year and considering to major in Banking and Finance. Facebook Twitter Reddit Email RSS Feed Newsletter Donate. However, a lot of the things I'm seeing on the Internet seem to be saying that a finance degree is useless unless you're already rich and parents have connections. 4) An MBA is incredibly expensive. Banking Degree. You don't even need a college degree to trade or invest. Like please correct me or put me into place. Psychology and Sociology If you enjoy it, study it on your own, but be wary about paying for a degree that will open few doors. Please help I'm pretty discouraged and depressed at this point. Yeah, you will learn to use the CAPM, WACC, maybe more complex financial models, you may have taken some statistic class in learning how to create a regression model or a forecasting model, but does any of this teaches you to how to trade securities? Visual arts degrees can convey a broad range of artistic skills, from drawing, painting and sculpture to printmaking, photography and animation. Nearly 200,000 students from American institutions have been awarded Master’s degrees in business every year since 2010. ... Debt Management Investing Stocks Personal Finance … Most MBA graduates are useless â Jack Ma explains why he doesnâ t hire the â bestâ candidate for the job. The major ranks low on PayScale's report on best- and worst-paying college degrees for future earning potential. – user2768 Jan 16 '19 at 13:03. Yeah you, argue with me please. Tesla deliveries nearly hit 500,000. After the big 2020 stock market rally, here are lessons for 2021. Private banking is very different to commercial and does rely a lot on having connections. Sorry, I'm a little drunk and angry with myself. I disagree with the notion that Human Resources Management is a worthwhile degree and I will prove as well as set up a web-site. Please make an argument to my ignorant annoyed text. It's more a minimum requirement to be considered for an interview. Age 22: Finance Degree from non target Liberal Arts. I don't want to be an Investment Banker as I'd like to do commercial and eventually private banking. I feel like I should have just got a ASE (automotive service excellence), or a CCNA. Why do we even get these college degrees? Thanks a bunch for the response, yeah I'd like to advise HNN clients. Plan your career in the wide world of finance. Yeah, sure, you learn how to create an efficient portfolio, being a financial advisory, telling others what to invest. But it’s not the end of the world if you don’t. Since 2019 I have tried to apply for entry level positions in finance without success. The number of people accepted is usually minimal, but you are nearly guaranteed a job in the industry at completion. Accounting, finance, supply chain management, and management information systems. Well, the truth is that with artificial intelligence and other technological advancements, a lot of jobs in the banking industry will become redundant. Finance degree is useless when trading securities. Best of luck! I'm not sure startup folks hate MBAs, but in general they see them as fairly useless to a startup. Some might say that degree was useless! is an associate degree useless provides a comprehensive and comprehensive pathway for students to see progress after the end of each module. A temp job at KPMG that just ended, and now I applied to whatever place took me first so I applied to best buy and have accepted an offer there. Why a General Undergrad Business Major is a Waste of Time and Money Published on January 27, 2017 January 27, 2017 • 1,998 Likes • 224 Comments Don't listen to everyanything you see on the internet! Ultimately the major you choose is less important than your performance and what you take out of it. If youre only trying to maximize income you should probably choose the EE PhD and then drop out with a masters. Understand the big picture of the business and your project, and ALWAYS have data to back your shit up. I have neither. 2. Some visual arts majors find full-time work, but many others must settle for contract and freelance jobs. I'm definitely an advocate of pursuing what you enjoy; if that's banking and finance, great! Archive View Return to standard view. because you don't need a Degree for any of those Professions. However, I do attend a top 30 university with very strong recruiting. Best degrees are finance, accounting, and while lots will disagree with me, marketing although you have to really go above and beyond the traditional marketing student to stand out. But I remember reading somewhere that people with econ degrees are one of the most employed in the US currently.. so I'm not sure what to believe. 5 ... Is a math degree useless financially? by Robert Carbery Why would one go to college these days? Over half of all psychology graduates land a job that only requires a high school education. An MBA is too limiting. Check out 25 stocks in buy zones. I'm about to graduate with a degree in finance and so far all I have learned is to appreciate formulas and financial terminologies. No, the degree isn't useless, but it doesn't actually help you much on the job either. What types of jobs can you get with a Finance Degree? 1. Readers blog about their pursuit of higher education in response to the Financial Post’s series of … Are bachelors degrees in finance are useless? Consider a masters degree. All through I've been doing academic writing and basically any other thing to get money. Unfortunately, even the most talented individuals aren’t guaranteed employment after graduation. I like working with money and I'm wanting to go to School to get a BS in Finance however, I have been told that Finance Degrees are useless. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. To show that you are worthy to the human society? College degrees are becoming close to useless these days as young Americans continue to rack up debt with little to no hope of paying it off. Yes, if its just an undergraduate degree. Press question mark to learn the rest of the keyboard shortcuts. I’m finishing my finance degree this spring and have accepted a commercial banking offer. It's similar to a sales role. That’s certainly the case for some. These figures were then combined to determine which graduate degrees were the most "useless" — basically, which give you the smallest boost in salary and employment. Loan officer: $63,6501 2. Just remember - just because your degree says marketing doesn't mean you can't also understand economics, finance, accounting, etc. The problem is that most of the later econ courses are highly theoretical and, therefore, not very appropriate to real life. Passed CFA L1. The finance sector pays well. If someone told you they work in finance, you’d probably assume they’re making quite a bit of money. – user101106 Jan 16 '19 at 13:04. useless math degree provides a comprehensive and comprehensive pathway for students to see progress after the end of each module. According to a Gallup poll of over 4,000 adults who obtained a law degree between 2000 and 2015, only 23% said obtaining a law degree was worth the cost. 18. Economics degree is more useful I think. Failed CFA L2. New comments cannot be posted and votes cannot be cast, More posts from the FinancialCareers community. Besides jobs like Being a Mortgage Broker, Financial Adviser and Stock Broker etc. Finance degree is useless when trading securities. So is it useless or not? But honestly, do you know when to buy and sell a security? Thanks a bunch :D The university I plan to go to has a pretty strong alumni network in regards to banking. Get Free Is A Business Degree Useless now and use Is A Business Degree Useless immediately to get % off or $ off or free shipping ... › business management degree reddit › top 10 useless degrees › is a marketing ... whether it's technology, finance, entrepreneurship or marketing. Related Search › top useless degrees › is a business degree useful › is a business degree good › why get a business degree › 20 most useless degrees › business administration degree reddit › useless degrees in america › are business degrees worth it Looks like you're using new Reddit on an old browser. I've personally never heard that econ is a useless degree, and I don't think it is. A general business major, like business administration, is pretty useless. Economics degree is more useful I think. Age 25: Research Analyst at a $5B Asset Manager ($75k Base + $15k Bonus). Keep your head up, and don't worry too much about your major :). 10. It's similar to a sales role. qwerty123. Without the recruiting at my school I don’t think I’d be as successful in getting a job. You will just have to be very persistent and on top of the job process. I have a good friend that graduated from a top law school, and she's a stay-at-home mom now. Breadcrumb Trail Links. These figures were then combined to determine which graduate degrees are the most “useless” — basically, which give you the smallest boost in … Yet I see all these kids with a finance degree who have jobs at like PWC, Goldman, Deloitte with just bachelors degrees. Those are the big 3 functions of business, and thus the best to have, although marketing is probably the toughest to market (no pun intended) to employers. So I'm kinda interested in majoring in economics since I find it interesting but a lot of my friends have been telling me that it's a useless major because so many people major in econ because it's easy. I don’t think you need to have rich parents or connections. Please make an argument to my ignorant annoyed text. But in reality, most finance professionals aren’t multimillionaire hedge-fund managers—they’re regular folks earning a decent living. This is why I'm deciding to go to medical school. Any thoughts? 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Is an associate degree useless provides a comprehensive and comprehensive pathway for students to progress...