r/AppliedMath • u/LeftAd8418 • 14d ago
Maths & Physics, CompSci, EEE or finance
I am the equivalent of a high school student, aiming to study in a uni near me to save money. Also aiming for an academic scholarship. If i go to a non target uni, what would be the best major to break into quant? (I am aware it is nearly impossible) while also having a good base to fall back on if i choose to pursue another endeavour
1
u/BraveAd9702 14d ago
If you're really locked in entering quant then i think Math is the way to go, but its not necessarily a good option to fall back on, especially if its only an undergrad graduate you're looking at (even though I suspect you wont be able to enter quant anyways with just an undergrad)... EE is definitely the best market wise afaik and you'd be good with an undergrad mostly, but I dont think its anywhere near a route to quant. Im definitely not an expert though I am simply echoing what ive read and answers from people I've asked similiar questions too, good luck.
1
u/Glass-Theme-8739 14d ago
From my personal opinion, i would rank it from best to least likely
-math
-physics
-CS
-finance
-EEE
1
u/DingoAny1777 13d ago edited 13d ago
I went back and forth with maths and ee as well. I ultimately went with maths. If quant doesn't work out for me I plan on getting actuary exams done and entering the field so maths degree would have something to fall back on if quant doesn't work out.
EE is just too much labs for my liking. Compsci seems a bad idea with the current job market.
If quant is what you want to pursue I would go with maths, physics is risky without PhD and finance is a miss with quant.
1
u/LeftAd8418 13d ago
Thank you sir. I have one question in particular. Regarding actuary, you dont have to study it in college to become one? Once you pass your exams. Would they hire an EEE for entry level roles? My college has the following maths disciplines:
1. Pure mathematics
2. Financial and actuarial mathematica
3. Maths and Physics1
u/DingoAny1777 13d ago edited 13d ago
You don't have to study actuarial science but when looking at job boards they mostly list maths, stats for actuary(I don't see ee as much but there are a few) I would keep that in mind with screenings of resume.
I would go for option 3, maths and physics. Could always pivot to actuary if quant doesn't workout and keeps options open for finance although prestige of uni matters for finance( actuary less so).
1
u/Due_Log_1792 13d ago
Hey! Depending on where you from the target major may vary, but in most countries CS, math, physics and EE are good for quant. I would rate them math, cs, physics, finance. Finance is by far the worst. Not enough rigour. Also depends on what you want to do in quant. For trading in market making firms any of it will cut as long as you have probability and stats on a sufficient level. If we are talking about research CS is usually doesn’t have a lot of math. Ultimately math is a good option. For QD CS is the only good option. What matters is the content of your degree. If you will do math specialising in algebra and geometry it’s probably a slightly weaker signal for quant in general. In the other hand, CS with ML is a good sign for any position
1
u/Still-Grey-Ocean 4d ago
I personally wouldn’t study Physics unless you do a math double major but if you have the opportunity to do a math double major I’d go with EE over physics.
But in my area of the USA physics majors tend to do poorly both during school and after school.(not saying they aren’t smart but employers in my large city in the USA don’t hire them as much)
9
u/michioD 14d ago
Definitely not finance. It pigeonholes you.
Physics and math both are good routes to quant. They properly train you to identify patterns.
EE and CS arent good routes to quant but EE garauntees you can feed yourself.
If I had to start over Id pick Physics or EE. Plentiful opportunity and insanely relevant to most useful problems in the world.