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SImilarities between Computer Science and FInance

  • Thread starter Thread starter revexrevex
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revexrevex

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Can someone, WHO IS INTELLIGENT, and has any clue about this, list some of the similarities between Computer science and Finance.
 
Wow I have a BS in Comp Sci and a Masters in Finance and I couldn't tell you except both involve a decent amount of math.

Both require very logical and analytical thought.

Both are viewed as lucrative fields.
 
lumberg bro please help me

If i was to ask you on the interview, why you decided to switch from computer science to finance, what would be ur answer. I need some kind of connection between the two.

My original answer was that
computer science has acquinted me with digital commerce, future forecasting of financial markets, mathematical skills to make analytical judgements in a finance industry, as well as knowledge of many powerful software tools to further optimize financing applications. My extensive expertice with statistics and management courses have thought me the basics of financial markets, and many operations associated with that.

Can you add something to that
 
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dude I'm not goign to do your interview for you. I I jsut took soem pain medication and sleepign pills so I'm not in a state to answer anyway.

personally I was always interested in money and that subject fascinates me. I did the C.S. for the job/money and the FInance for the love. And also to play a fifth year of eligibility in football.

I now work in IT, big surprise. At least is in the banking industry,
 
Dude,

I fear for you if you can't answer this on your own. If you use your answer you will get clowned if your interviewer is sophistcated at all. If I were interviewing you, and I heard your answer, I would turn around and say "tell me about these applications. Tell me about what ou have learned about digital commerce etc etc."

And no matter what you say, he has 25000 applicants with finance backgrounds who will know more about those things than you do.

You won't do yourself any favors suggesting that your CS background gives you unqiue (or rare) skills / experience.



Here's what you tell them.

Tell them that you want to apply the logical and reasoned thought process that is inherent in the computer / technology field to the dynamic world of <whatever it is you want to do in finance>.

Tell them this because you are prmising a different perspective on something, while being truthful about the fact that you have a lot to learn.


- My qualifications: worked in IT at a prestigious financial institution. Wrote 4 IT books.

Financially - I have the resources to command the attention of many financial instittutions off limits to individuals. Through work I interact regularly with senior people at the finanical institutions that do some of the biggest deals you'll ever read about.

Just tell them what I told you.
 
I'm a MIS/FInance major, Econ, Avaition minor,

What do CS and Finance have in common? Not much other than a little math and logical thinking. I think if you have a degree in one you could handle the other easy.
 
oubeta said:
I'm a MIS/FInance major, Econ, Avaition minor,

What do CS and Finance have in common? Not much other than a little math and logical thinking. I think if you have a degree in one you could handle the other easy.

Spoken like a guy that has never handled either.

But I am sure that you will soon be able to tell us how a packet analyzer for an ISDN BRI channel can help a private equity company can analyze the risk associated with MBIA's bond guarantees.

As if you even knew what any of those things were.
 
MattTheSkywalker said:


Spoken like a guy that has never handled either.

But I am sure that you will soon be able to tell us how a packet analyzer for an ISDN BRI channel can help a private equity company can analyze the risk associated with MBIA's bond guarantees.

They didn't teach us that, I guess I'll learn that when I hit the real world. I'm trying to avoid it as long as possible. They stressed database design. I don't have a CS degree I have a MIS degree. Management Information Systems, they are a little different. I'd say about 80% of what you learn is on the job training anyway.
 
matt, i need to answer it on a very general level. I like you response,b ut can you expand on it a little bit?
 
oubeta said:


They didn't teach us that, I guess I'll learn that when I hit the real world. I'm trying to avoid it as long as possible. They stressed database design. I don't have a CS degree I have a MIS degree. Management Information Systems, they are a little different. I'd say about 80% of what you learn is on the job training anyway.

Yeah - ISDN BRI is an older network conection. A packet analyzer reads whatever is coming across the network. It has zilch to do with finance.

Private equity is where you will probably never work with a degree from OU. :)

MBIA is a company that is insuring agency and municipal bonds. They just started insuring corporate bonds as well.

I'm just busting balls because I have been at work all day and I am pissed off. Knowldege is everywhere and at the best finance jobs, you'll be expected to already know everything.
 
We did learn about packet analyzing and network building. We built a network for York International for my field project.
 
Matt help me out bro. SHow me more doors for me to explore on this issue.
 
revexrevex said:
matt, i need to answer it on a very general level. I like you response,b ut can you expand on it a little bit?

I'll try.

IT is about binary - on or off, yes or no,. There is a very reasoned approach to problem solving, troubleshooting, implementations etc. All in all it is based on logic.

What do you want to do in teh finance sector. I will try and tailor the next point to fit where you are tryign to work.
 
Matt, its Research and Development. Obviously it involves constant interaction with technology and computer related media, and that's where I can find a connection. Also the fact that both fields involve mathematics can be a plus for me. Then as you said troubleshooting, working in teams on a project, logical reasoned step to identify the problems and their appropriate solutions, all of these are common to both fields, finance and computers. I also wanted to tell them that I did not find the solitude of computer programming appealing, since I also have a degree in psychology,a nd would rather be interested in social communication and teamwork than lone thought process and staring at a computer screen all day. I can obviously expend on these issues, but is there anything else I can add.
 
revexrevex said:
Matt, its Research and Development. Obviously it involves constant interaction with technology and computer related media, and that's where I can find a connection. Also the fact that both fields involve mathematics can be a plus for me. Then as you said troubleshooting, working in teams on a project, logical reasoned step to identify the problems and their appropriate solutions, all of these are common to both fields, finance and computers. I also wanted to tell them that I did not find the solitude of computer programming appealing, since I also have a degree in psychology,a nd would rather be interested in social communication and teamwork than lone thought process and staring at a computer screen all day. I can obviously expend on these issues, but is there anything else I can add.

OK lost you on one point.. ..R&D for what kind of institution. Bear with me I have been up a long tiome.
 
Ok, its very vague but they are involved in development of new strategies, applications and solutions for banking systems. I don't want to be that specific though, just want to overview the connection between cs and finance
 
revexrevex said:
Ok, its very vague but they are involved in development of new strategies, applications and solutions for banking systems. I don't want to be that specific though, just want to overview the connection between cs and finance

All right. your points about already having an understanding of different IT systems / applications is useful. Highlight the point about Math as well. You;d be surprised how many biz people fail with poor math skills.

Forget the psych stuff - no manager wants an office psychologist analyzing his workplace, hisbehavior or his people.

Stress the ideas about the logical reasoning associated with IT work - computers and applications and software are all logic driven.

Tell your interviewer that you will be able to add a logic absed thought process to an environment (R&D) which calls for an unbounded imagination. Tell him that when you conceive of things, you are able to develop (mentally) a logical strategy to make them achievable.


The logic based background of IT is your strongest asset. Hope that helped.
 
thank you matt, i had never thought of this answer, while it was right near me.
 
oubeta said:
We did learn about packet analyzing and network building. We built a network for York International for my field project.

Frame Relay? Fractional T1's? Ah...college.

The IT guys hate MIS grads because they usually end up as managers who know jack shit about IT.

The finance guys will just smile and wonder why you studied a field that only exists in textbooks.
 
oubeta said:
We did learn about packet analyzing and network building. We built a network for York International for my field project.

I hope you don't mean York barbell, they have the shittiest website...not that they are the same thing
 
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