Financial engineering belongs to the branch of finance in many universities, which is generally jointly founded or directly opened by the business school and the school of engineering, and the research direction in the school of engineering is more detailed than that of finance, mainly learning the technology and principles in the financial industry, relying on financial derivatives, such as options and swaps. Financial engineering focuses on the technical construction of financial derivatives and fixed income products, and prefers technical positions. Study in financial engineering in the UKWhat are the subdivisions?
Financial Engineering. To cultivate talents with the ability to design, develop and apply financial instruments, and the core courses include financial markets, financial derivatives, risk management, etc.
Financial Mathematics. Applying mathematical methods to study financial markets, providing theoretical support for risk management and risk management, graduates usually work in banks, companies, companies.
Corporate Finance. Research on corporate fund raising, investment and management issues, including financial management, investment analysis, capital structure, etc.
Financial Economics.
The study of the operating mechanism of financial markets and the impact of financial policies on economic development requires the ability of economic analysis and policy analysis, and the courses include macroeconomics, microeconomics, money and banking, etc.
Financial market. The study of the places where the supply and demand of funds are traded requires market analysis skills, and the courses include investment analysis, financial markets and institutions, financial derivatives, etc.
Risk management. The process of identifying, assessing and controlling risks to achieve goals requires the ability to identify and control risks, and the courses include financial risk management, credit risk management, operational risk management, etc.
University of Manchester:
MSC Quantitative Finance at the University of Manchester is located at Alliance Manchester Business School, which was previously divided into two majors: Financial Engineering and Risk Management, but is now not separated.
This major focuses on providing students with a comprehensive understanding of the measurement methods required for financial decision-making, learning how to design new financial products, and gaining professional knowledge in the theory and application of quantitative finance.
The compulsory courses offered are: interest rate derivatives, derivatives**, asset pricing theory, time series econometrics, financial stochastic analysis, credit risk measurement and management, etc.
Assessment: Examinations, coursework.
Entry requirements: Professional background in finance, economics, mathematics, statistics, physics, engineering, actuarial science or decision sciences.
York University York:
MSC Financial Engineering at York University is a joint venture between the YORK School of Mathematics and the School of Economics to develop students' skills and knowledge in the financial industry.
The compulsory courses offered are: Research on Econometric Methods Economics 1&2, Continuous-Time Finance and Derivatives, Financial Mathematical Methods, Time Series, Financial Engineering, Financial Econometrics, Stochastic Calculus|Blake-Scholes Theory, Graduation**, etc.
Assessment methods: mostly examinations, small experimental projects, etc.
Admission requirements: Mathematics, Statistics, Engineering, Physics, Economics, Finance related majors.
The above is an introduction to studying in the UK for financial engineering, hoping to help students on the road to study abroad. At present, the wave of internationalization of education has ushered in, and studying abroad has become the consensus of many students. In this process, how to choose a school and determine the right major for yourself is very important, if there is a mistake in a link, it will definitely cause irreparable regrets for students. Therefore, it is recommended that you choose a reliable study abroad agency.