Originally Posted by TyCooN
What are the benefits of majoring in something else to prep for a career in finance instead of getting a business degree in finance?
For me, my initial plans were academia so my undergrad went that way. For many people it's a similar path - lofty, idealistic goals that turn sour when 30k/year starts to become reality around late-Junior year. Happens often at Ivies and top LACs (English/Arts/Science majors that go into either finance or law). The draw of money is high.
For a math major, it's a bit different. Many finance jobs call for quant-heavy studies, particularly quant desk jobs and risk analysis jobs. Hedge funds also love math majors, to the point that they will be taken over finance majors regularly. Being able to code MatLab is loved by State Street Global, for example, and only math and engineering majors will have much exposure to it.
And, frankly, the average person will think a math major is smarter than a finance major 99% of the time.