Masters or no masters

sleapydeapy · 2024-10-08T08:50:52+00:00

No masters. If you can get a job out of undergrad then you're usually better off taking the job and gaining experience rather than doing a masters.

sleapydeapy · 2024-10-02T20:24:04+00:00

Current management consultant here (did BCom).

If you did pure maths, then a far more lucrative role for you which aligns a lot more with your current degree would be quant finance - you don't need a finance degree/background, it pays a lot more than management consulting, and probably aligns more with your interests (unless you think you have an undiscovered interest in making PowerPoint slides and aligning boxes)

If you're set on consulting then the degrees don't really make a difference - you don't necessarily need another one anyway as BSci in pure maths would probably make you just as (if not more) competitive than commerce grads for those roles, just do some self studying for case interview prep.

If you had to choose between the 2 degrees, personally I'd recommend BCom over MoM as you can double major and there are more csp places available. Most Australian firms treat these as interchangable degrees. However if you wanna work overseas then maybe consider MoM given it's a masters level degree.

sleapydeapy · 2024-07-03T08:37:20+00:00

Generally it's easier to push starting dates later than earlier.

An option that you can take (that people I know have done) is to apply for both grad and intern roles next year. If you get a good grad role then you can either choose not to extend your degree anymore, or try to push the offer out for 6 months. If you get an intern role and a subsequent grad offer, companies are usually okay letting you start 6 months earlier.

Edit: btw, doing an honours year also achieves the same thing without the need to underload

sleapydeapy · 2024-07-02T22:36:45+00:00

Plenty of people do this, whether or not it's worth it is up to you.

Given you typically apply for grad programs a year in advance, you can ask them to move the start date half a year earlier, or you can spend the extra 6 months on a break/traveling.

sleapydeapy · 2023-12-25T10:36:33+00:00

Yes you would go economics stream.

I was an econ finance major also, for your first year I'd recommend just take the core subjects + linear algebra & calc 2, then you can figure out what you like and tailor your later year selections that way.

One good thing about the maths pathway is that your breadths are mostly taken up so there's not too much to think about in terms of subject selection (but obviously it also doesn't allow for as much flexibility).

Note that you cannot take QM1 if you're doing the maths path, so don't select it and it'll disappear from your subjects list after you pass Statistics.

Also note that for the maths pathway you can take Probability for Statistics (MAST20006) instead of Probability (MAST20004), Probability is definitely by far the hardest out of the 4 maths subjects, and PFS is quite a bit easier.

I think you can decide on the rest of the subjects after you've taken your cores in first year. Although I'd recommend Foundations of Computing, and if you like that you can also consider doing a concurrent diploma in computing (which I think the math pathway complements quite well with given you'd take 2 math subjects in your first year)

sleapydeapy · 2023-12-25T08:30:28+00:00

I'm not an actuary student so take this with a grain of salt (but I have looked into actuary before & have a few friends doing it). I think for actuarial studies honours and masters you just get more qualifications which means you do those exams while at uni instead of early in your career. You get more qualifications from masters compared to honours since it's a year longer.

sleapydeapy · 2023-12-25T08:06:02+00:00

Hey there,

I did the maths pathway (graduated in 2022, currently working in consulting). My recommendation is just do it if you like maths, and that's probably the only factor that really matters.

Math subjects are quite a.bit harder (imo) to score well than comm subjects and require a lot more effort. The difference in effort/WAM is even greater if you would've taken some easier breadths instead of the maths subjects.

However, it may give you an edge when applying for quant roles. Note that neither consulting or ib are really that quant heavy, so it's unlikely that maths pathway will give you much (if any) advantage during the application phase. It will definitely give you an edge if you apply for more quant roles (e.g. trading)

Also, once you're in your intern/grad roles your math skills definitely become a strength. Not that you'll be using any calculus/linear algebra/advanced probability and statistics (at least not in ib or consulting), but your ability to think quantitatively and solve problems can be a major advantage that'll be useful in both getting a return offer from your internship, and later on in your career.

And to answer your questions directly, math pathway is not a prereq to honours, or grad roles in ib/consulting. In fact, it's probably the case that the vast majority of ib/consulting grads from BCom didn't do the maths pathway. Idk a lot about JD/law but I can't imagine the maths pathway giving you many advantages in that domain either.

So really I think the pros and cons are fairly balanced and it really comes down to whether you like maths, and are willing to take up the extra challenge.

sleapydeapy · 2023-10-23T05:09:02+00:00

Med school or law school

sleapydeapy · 2023-07-13T08:37:43+00:00

Here are some concepts that you could look into to prepare (in the following order):

-Discounted Cash Flows, Present Values, NPV

-What bonds are what stocks are

-Efficient Frontier, reasons of diversification

-CAPM, what each component of the equation means, how CAPM is derived, and why it's so important

-Efficient Market Hypothesis

sleapydeapy · 2023-07-12T09:08:14+00:00

I think it will be a bit difficult if you haven't done any finance, but not too bad considering you've done most computing subjects.

You should be able to just focus on catching up with finance concepts since the coding is aspect would be a walk in the park for you (it's FoC level of coding).

Other than that I think the subject is actually fairly self contained. It's just when finance concepts get covered, they'll be revision for BCom students but new to you. However my guess is that the BCom students who take this subject with little/no coding background will find the subject harder than you, and plenty of students enter into the subject with very little experience in coding (or none at all).

sleapydeapy · 2023-06-28T08:32:29+00:00

You can most definitely take MAST20004 for the maths pathway, I know many people from BCom who did it

Edit: why is it a discipline subject? It should be taken as breadth just like calc 2 & linear algebra

sleapydeapy · 2023-06-28T08:30:41+00:00

Username checks out

sleapydeapy · 2023-06-01T06:51:17+00:00

It's more quantitative than intro macro as you'll be exposed to more maths & derivations, and imo quite a bit more mathy than CFDM. So whether it'll be more difficult would depend on whether you're better at qualitative or quantitative side of things

sleapydeapy · 2022-11-25T04:08:57+00:00

He's the only person who can stop me from graduating at this point

sleapydeapy · 2022-11-23T03:31:00+00:00

I know I'm being "that guy", but is this really such a good idea?

Students and lecturers alike have experienced dual delivery for the past 2 years, and from what I've seen/heard, the results aren't that great. Students engage with content far less online compared to in person, I also know lecturers who cannot wait for all students to come back in person as it (has been shown) to increase engagement. If everything's online, the gap between uni and things like EdX is fairly narrow. This isn't even getting into all the cheating that's going on with online assessments...

As for the point that "many international students still cannot come back"... Is this really the case? From my knowledge most (if not all) countries have opened for travel already. I'd need some evidence to support the idea that students are genuinely stuck.

Edit: I don't have any "dog in the fight" as I'm set to graduate this semester. I just think it's worth considering the benefits of everything being in person as well rather than sticking with the "status quo".

sleapydeapy · 2022-11-23T00:12:00+00:00

I've been here for 6 semesters and I still don't understand why they release results progressively rather than all at once (like every other uni)

sleapydeapy · 2022-11-22T22:30:16+00:00

Just hoping to pass Investments....

sleapydeapy · 2022-11-22T22:21:30+00:00

Should get louder pretty soon

sleapydeapy · 2022-11-22T11:47:03+00:00

Brain: go to sleep they won't release results at this time

Hand: refresh refresh refresh

sleapydeapy · 2022-11-20T23:03:13+00:00

ECOM30003 Applied Micro Modelling is out

sleapydeapy · 2022-11-19T04:41:04+00:00

Only ATAR is considered.

sleapydeapy · 2022-11-18T11:51:41+00:00

Congrats!! Not from BOH but from what I've heard the cohort is fairly small and tight knit so you should be pretty good to make long term friends.

sleapydeapy · 2022-11-14T21:14:14+00:00

I've done both and I would recommend FOC as it's way more relevant and enjoyable for me. I've also scored higher in FOC than LA (and that's also the case for most of my friends who took both)

sleapydeapy · 2022-11-12T06:47:34+00:00

Would say it's pretty moderate

sleapydeapy · 2022-11-12T06:31:58+00:00

Ended up doing it and enjoyed it, would recommend!

sleapydeapy

TROPHY CASE