Applied finance (1 Viewer)

[Q2C-ME]

Just a few quick questions. Whats Applied finance like at macq? is there a high drop out rate, is the maths level alot harder than band 2 Maths (2unit). Is macq the best place to go? and also whats the job oppourtunity like, is it enhanced through a masters degree? . Lastly, can u specialise alot more 2nd, or 3rd year. my personal goal is to do investment banking and i realise its extreme diffuculty due to competition, hopefully combining with law might give me the edge.

Thank-you, all replys appreciated

 

[CloudStrife]

Look around on this forum, I'm sure there's more discussion around.
You need to show that you've got the competitive edge, intellect and people skills. i.e. You'd be aiming for Distinction to High Distinction average, great variety of extra curricular activities and something to show you have the business skills.

 

[yehriteo]

Good. No. No. Yes. Good. Yes. No.

The edge will cut you!

 

[Luke!]

Applied finance is an excellent degree, it's definitely more interesting than accounting! I'm not sure about the failure rate, but the degree shouldn't be too difficult if you apply yourself adequately.

The maths involved is easier than two-unit HSC mathematics.

Macquarie is a good university for any commerce-related degree.

Job opportunities are less than with accounting, thus there is more competition for them. Also, remember with finance the focus is on making money, whereas accounting is just about accounting for the money/transactions, so finance is a more cut-throat, performance-based field.

Investment banking;— long hours, hard work, high stress, fast pace. It's the dream-job of many undergraduates, probably because of the associated prestige and of course, the pay. Those are both good things, but take into account that you'll be sacrificing some of the best years of your life for a job. I'd rather have a less demanding career and more time for myself and my partner.

If you really strive to be an investment banker, look at doing the finance/law double-degree.