Hello, financial engineering is a new discipline that uses mathematical tools to build financial market models and solve financial problems. In recent years, due to the endless stream of financial innovations, the financial market has developed more and more complex. On the basis of traditional stocks and bonds, which are usually called financial derivatives, a series of new investment tools such as futures and options have been developed. How to price these financial derivatives is a difficult problem for investment banks. At the same time, due to the complexity of financial investment tools, some fund management companies find it difficult to maintain the high growth rate of funds by traditional investment methods, and they need to design more advanced investment portfolios to make profits. Therefore, they need a large number of compound talents who are familiar with the financial market and have the ability to apply mathematics, and such talents are extremely scarce in the market. Financial engineering is to cultivate such talents.

Financial engineering is an interdisciplinary subject which combines finance, mathematics and computer science. Its courses are usually taught jointly by the business school, mathematics department and engineering college of the university. Because it focuses on the financial field, its depth far exceeds that of MBA financial courses, which usually include stock market analysis, portfolio analysis, futures and options, asset pricing, capital budgeting, fixed income analysis, interest rate model, financial risk management and other courses.

The study time of the Master of Financial Engineering is generally 1 year. Like MBA, financial engineering is a kind of professional education rather than academic research education, so there is no need to write a master's thesis. All courses are centered on the application of finance and have strong practicality.

In the United States, talents with master's degrees in financial engineering are hot in the market, and they are basically employed by major investment banks, fund management companies, insurance companies and venture capital companies.