Financial Engineering as a Career Option

The phase of financial market has changed dramatically over recent years and the need for finance professionals strive to stay at the forefront of new growth and trends. There is a high need for qualified quants in the market. The demand for new quants is particularly high in structured finance establishments. Its demand also increases with the rise in the traction with time. Emphasis will be on credit and risk ventures. In qualifications, a Master’s in Science or a Masters’ in Financial Engineering (MFE) will gear you up towards new quantitative roles such as delivering risk models and trading directly, library control, model validation, risk management and programming. If you really want to establish a career in financial engineering, you need to know various things to become a preferred job candidate. Financial Engineering is a multidisciplinary field involving financial theory, the methods of engineering, the tools of mathematics and the practice of programming.

One can get a full-time training in the field of engineering methodologies along with the quantitative methods to finance as a part of the financial engineering program. It is designed for students who aspire to obtain positions in the securities, banking, and financial management and consulting industries, or as quantitative analysts in corporate treasury and finance departments of general manufacturing and service firms. Program graduates most typically gravitate towards the quantitative roles in banks, hedge funds, asset management firms and ratings and financial service advisory firms. The most predominant functional roles for graduates are often in algorithmic trading and trade support, financial modeling and quantitative strategy, portfolio management, valuation, quantitative research and risk management. In addition to this, they offer concentrations in Computation and Programming, Computational Finance/Trading Systems, Finance & Economics, Derivatives and Asset Management.

Here is a list of few top universities offering financial engineering courses. Please note that no Indian university is listed here because Indian courses are mostly certificate courses like CFA, CQF and FRM courses.

  • Stanford University, USA
  • Georgia Institute of Technology, USA
  • Carnegie Mellon University, USA
  • Columbia University, USA
  • Cornell University, USA
  • University of Oxford, UK
  • University of Western Ontario, Canada
  • University of Technology Sydney, Australia
  • University of California – Berkeley, USA
  • The University of Twente Enschede, The Netherlands

A career in financial engineering has immense potential in the future financial market. If you’re interested to enter the finance industry and possess good mathematical and scientific knowledge, go for the financial engineering career.

 

– Team Leverage

The phase of financial market has changed dramatically over recent years and the need for finance professionals strive to stay at the forefront of new growth and trends. There is a high need for qualified quants in the market. The demand for new quants is particularly high in structured finance establishments. Its demand also increases with the rise in the traction with time. Emphasis will be on credit and risk ventures. In qualifications, a Master’s in Science or a Masters’ in Financial Engineering (MFE) will gear you up towards new quantitative roles such as delivering risk models and trading directly, library control, model validation, risk management and programming. If you really want to establish a career in financial engineering, you need to know various things to become a preferred job candidate. Financial Engineering is a multidisciplinary field involving financial theory, the methods of engineering, the tools of mathematics and the practice of programming.

One can get a full-time training in the field of engineering methodologies along with the quantitative methods to finance as a part of the financial engineering program. It is designed for students who aspire to obtain positions in the securities, banking, and financial management and consulting industries, or as quantitative analysts in corporate treasury and finance departments of general manufacturing and service firms. Program graduates most typically gravitate towards the quantitative roles in banks, hedge funds, asset management firms and ratings and financial service advisory firms. The most predominant functional roles for graduates are often in algorithmic trading and trade support, financial modeling and quantitative strategy, portfolio management, valuation, quantitative research and risk management. In addition to this, they offer concentrations in Computation and Programming, Computational Finance/Trading Systems, Finance & Economics, Derivatives and Asset Management.

Here is a list of few top universities offering financial engineering courses. Please note that no Indian university is listed here because Indian courses are mostly certificate courses like CFA, CQF and FRM courses.

  • Stanford University, USA
  • Georgia Institute of Technology, USA
  • Carnegie Mellon University, USA
  • Columbia University, USA
  • Cornell University, USA
  • University of Oxford, UK
  • University of Western Ontario, Canada
  • University of Technology Sydney, Australia
  • University of California – Berkeley, USA
  • The University of Twente Enschede, The Netherlands

A career in financial engineering has immense potential in the future financial market. If you’re interested to enter the finance industry and possess good mathematical and scientific knowledge, go for the financial engineering career.

 

– Team Leverage

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