Harvard College doesn’t offer a dedicated “Finance” major at the undergraduate level. Instead, students interested in finance typically pursue degrees in Economics, Applied Mathematics, or Statistics, and then tailor their coursework and extracurricular activities to develop a finance-focused skillset.
The Economics concentration provides a strong theoretical foundation in microeconomics, macroeconomics, and econometrics, all of which are crucial for understanding financial markets, investment strategies, and economic trends. Students can specialize further by taking courses in corporate finance, behavioral economics, and international finance. Harvard’s Economics department is consistently ranked among the best globally, attracting top faculty and offering rigorous training.
Applied Mathematics offers a quantitative approach to finance. Students learn to model complex financial instruments, analyze risk, and develop algorithms for trading and investment. This concentration emphasizes mathematical modeling, statistical analysis, and computational methods, equipping students with the technical skills highly sought after in quantitative finance roles.
Statistics provides another strong pathway into finance. Students learn statistical inference, regression analysis, and time series analysis, which are essential for understanding market data, predicting asset prices, and managing portfolio risk. Harvard’s Statistics department is renowned for its research and teaching, offering students access to cutting-edge statistical methodologies.
Beyond coursework, Harvard offers numerous extracurricular opportunities to further explore finance. The Harvard Financial Analysts Club (HFAC) provides training in financial modeling, valuation, and investment analysis. The Harvard College Investment Club (HCIC) allows students to manage a real investment portfolio, gaining practical experience in investment decision-making. Furthermore, Harvard hosts frequent guest lectures and networking events featuring industry professionals from leading investment banks, hedge funds, and private equity firms.
Harvard’s location in Boston also offers a significant advantage. Boston is a major financial hub, providing access to internships and career opportunities at firms like Fidelity Investments, State Street Corporation, and Wellington Management. Harvard’s strong alumni network in finance provides valuable connections and mentorship opportunities for students seeking careers in the industry.
Post-graduation, Harvard undergraduates who pursue finance careers typically land roles as investment banking analysts, equity research associates, hedge fund analysts, or quantitative analysts. Many eventually pursue advanced degrees, such as MBAs or Masters in Finance, to further their career prospects. While Harvard College doesn’t have a direct “Finance” major, the combination of rigorous academic training in related fields, diverse extracurricular activities, a strong alumni network, and access to a vibrant financial community positions its graduates well for success in the competitive world of finance.