Brief introduction of financial engineering major in studying abroad in the United States
Financial engineering is an interdisciplinary subject of finance, programming and computer, and it is a special education to train senior financial talents. It pays attention to the use of advanced mathematics and communication tools, and carries out different forms of combination and decomposition on the basis of existing basic financial products, so as to design new financial products that meet the needs of customers and further improve their efficiency.
Financial engineering has different names in different American universities: financial engineering, financial mathematics, mathematical finance and computational finance. However, whether it is called financial engineering, financial mathematics, mathematical finance or computational finance, their essence is the same, and they are all a new discipline that uses mathematical tools to build financial market models and solve financial problems.
As an interdisciplinary subject related to finance and mathematics, the master of financial engineering program, that is, the MFE program in the industry, is dedicated to solving and analyzing financial markets and problems by using mathematics and computer technology, so MFE undoubtedly has high requirements for mathematical ability.
Curriculum of Financial Engineering Major in new york University, USA
The Master of Financial Engineering Program of new york University is provided by Tanden Institute of Engineering. Students can choose one of four directions to get a degree, namely, financial market and enterprise finance, computational finance, technology and algorithm finance and risk finance. The standard academic system is full-time study for 4 semesters, requiring students to complete 33 credits (including core course 15 credits, compulsory course 7.5 credits, applied experimental course10.5 credits, general elective course 6 credits and point course 3 credits).
Core courses:
financial accounting
Fundamentals of financial economics
Quantitative methods in finance
Corporate finance
Financial risk management and asset pricing
Financial market and enterprise financing direction:
Valuation and investment. Corporate finance
Money, banking and financial markets
Financial econometrics
Econometrics and Time Series Analysis
Corporate and financial strategy
Mergers and acquisitions. acquire
Fixed income securities and interest rate derivatives
Global finance
Quantitative portfolio management
Calculate financial direction:
Option pricing &. stochastic calculus
Limit risk analysis
Digital & Financial Simulation Technology
Dynamic asset and option pricing
Financial risk management and optimization
Econometrics and Time Series Analysis
Credit risk and risk. Financial risk management
Quantitative portfolio management
Special topics in financial engineering
Employment Prospects of Master of Financial Engineering in new york University, USA
New york University's financial engineering projects have always been famous for their short investment cycle and quick return. In particular, its graduates have entered a large number of financial services industries such as investment banks, fund companies and risk management, or quantitative and technical jobs in other financial-related industries, especially new york University, which is close to Wall Street. It has a very close relationship with the financial industry, and the employment rate of graduates is very high, which has become one of the important reasons why MFE of new york University is extremely sought after.