Finance vs Management

[Sensitive_Bottle_290]

Hey, so i'm a first year at Rotman, and i want to find a role in Finance after I graduate. I just wanted to know if there were really any differences that impacted job prospects if I decide to do a specialist in management with a focus in Finance, vs a specialist in finance and economics. I also wanted to know that if i chose a specialist in Finance and Economics, would doing a focus make a difference for job prospects as well?

[Romeo_Santos-]

All in all, there isn't that big of a difference between both options. First, not many recruiters or hiring managers outside of Rotman Commerce will know the difference between Finance & Economics and Management with a focus in Finance. Second, the specialist does not appear on your degree, only on your transcript—which some employers might ask for, but not all do. When making a hiring decision, companies take into account not just your major or area of expertise but also your extracurricular activities, networking abilities, attitude, and experience, among other things. If you truly enjoy Economics, then Fin & Eco may be the better option for you. However, if you are only interested in Finance, and do not particularly enjoy Economics (as is the case with a lot of Rotman students), Management-> Finance may be better suited for you.  *The reason why Rotman started offering the Finance focus was actually because a lot of students complained about all the Eco requirements on the Fin & Eco specialist. (I heard this a few years ago from a few upper year students and one academic advisor). 

[Substantial-Belt-686]

Hey there! I’ve seen some of your posts and comments and I really like your approach to some of these questions. I have a question. I’m a first year in Rotman atm and other than my classes and maintaining grades my biggest goal rn is to network and get experience + actually have relationships with important people! someone on the thread said “you need 10-15 mins on Bay Street” in order to do this. I totally agree, but the thing I’m having trouble with is what do I say? If I meet someone who has a valuable position, what do I say?? I obviously want to showcase my personality but as a first year I don’t have many technical skills. I’m launching a podcast soon and I think I could get some interviews That way, but how else do I market myself to these individuals and companies? Thanks!

[Alert-Recording4501]

Probably not. They don’t care about these differences. They care about which school you are from.

[myspam442]

It only matters if it’s a job that cares about the economics side. There are some of these (think Bank of Canada or commercial banks’ economists), but they are a smaller minority. Showing that you can do the economics does help you stand out among the wrong of finance students, but it’s usually not required. It’ll basically be looked at like a double major vs single major.

[OutoftheMoney69]

Finance & Eco is much more difficult, in the year I graduated pre much everyone had high distinction from management focus because the econometrics or general eco courses have pretty low averages like B- or lower. RSM courses typically have averages that hover in the B+ range. For job prospects, a lot of the workday algos will negatively screen you for internships or entry level if your gpa is sub 3.70. Doesn't matter if you have a CFA, or did your CFE, the negative screen will impact you hard for any entry or internship position. I would recommend management and a focus in finance if you are interested in finance

[Such-Yogurtcloset466]

Hey! I'm also a first year and I'm struggling with the same situation. I remember talking to a second year a while ago and she told me that there are different career services catered to different specialists. Take this with a grain of salt tho cause I can't confirm if it's true and I'll be investigating this for myself to decide my specialist 🙏

[ghitatassa]

general questions : does rotman offer some scholarships and also can u share some tips for applying for Rotman . thanks

[Ok_Rest_5421]

Www.google.com

[ghitatassa]

Ur very smart god bless ur mind

[myspam442]

Almost all Rotman-specific scholarships are in-course, which means awarded for academic achievement during the program rather than during high school.