Why hiring music majors could be the hottest new trend on Wall Street - Business Insider

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Why hiring music majors could be the hottest new trend on Wall Street - Business Insider
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These are the new skills needed to succeed on Wall Street in 2020 and beyond as banking giants embrace the digital age, according to two execs at $2.7 trillion asset manager State Street

Companies like JPMorgan Chase and Citibank, for example, areAnd State Street — which manages assets for corporations, mutual funds, and other non-individual investors — is interviewing more people from Amazon and Facebook than Goldman Sachs or Morgan Stanley, according to global head of algorithmic trading Nickolas Delikaris.

Those who graduate with such a degree have "a very unique way of approaching a problem" that helps the bank overcome a shortage in skilled labor in other areas, according to Biancamano. "That's everything you think about in business," he said. "You've got a component that you have to understand at a broader level that gets you something very, very creative. But it's putting it all together, and then it's hammering home the implementation side of things."But it's not just music degrees that come out of college armed with those critical soft skills.

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