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Shuo dared to read and study abroad finalized only professional MBA - Financia
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In recent years, when most investment banks favored the past, Wharton, Chicago, Columbia Business School's MBA graduates have the time, these lucky to find they want to get into investment banking than in previous years has greatly increased the difficulty, not only because the economy is not economy, there is the main reason is they have a very formidable opponent is young - Master of Financial Engineering, MFE (Master in Financial Engineering)! What is the financial engineering in the end Financial engineering in different universities have different names: Financial Engineering, Financial Mathematics, Mathematical Finance, Computational Finance, but whether it is called financial engineering, financial mathematics, financial mathematics or computational finance, they are the same in real terms - it represents the emerging discipline where in mathematical tools are used to model financial markets and solve problems in finance, namely, the mathematical tools to build financial market model and solve financial problems of the emerging disciplines. In recent years, an endless stream of financial innovation, financial market becomes more sophisticated in the past on traditional stock and bond developed a futures, options and a series of new investment instruments, which is commonly referred to as financial derivatives. And how to price these financial derivatives, investment banks are facing a problem. At the same time, due to the complexity of financial instruments, some fund management companies feel more and more difficult to maintain the traditional investment fund's high growth rate, they need to design more advanced portfolio to be profitable. Therefore, they need those who know a lot of the financial markets have mathematical application ability talents, and such a talent is extremely scarce in the market. Financial engineering is to develop and produce such a talent. Financial engineering is a combination of finance, mathematics and computer science interdisciplinary, and its courses are usually by the University's Business School, Department of Mathematics and Engineering Academy in teaching. The curriculum focuses on the financial sector because, so far more than the depth of the financial aspects of MBA courses, usually including stock market analysis, portfolio analysis, futures and options, asset pricing, capital budgeting, fixed income analysis, interest rate model, financial risk management courses. Master of Financial Engineering full-time study time is generally 1 year, with the MBA, is a professional education (Professional Education) rather than academic research and education (Academic Research Education), there is no need to write, Vol. All of its courses are for applications around the finance to start with very practical features, the most suitable for those who aspire to the young people engaged in financial work. In the U.S., holds a master's degree in financial engineering talent in the market hot, basically all been major investment banks, fund management companies, insurance companies, venture capital firms are hired. What is the difference MFE and MBA MBA Business Education is a flooding surface, while the MFE is a senior financial professionals specializing in training special education. Master of Financial Engineering courses are all located in the financial sector. If you are interested in accounting, marketing or human resources management, then you should be going to study MBA courses, MBA courses because more extensive. In addition, the application of financial engineering master's work experience is not necessary, this and the MBA are very different. However, the application of financial engineering master's degree at the university the applicant is required to have taken two classes - calculus and statistics, so not for the liberal arts university people. Finally, MFE study is one year, the MBA curriculum coverage as broad and usually require two years. Now, there are already many U.S. universities offer courses in financial engineering, such as UC Berkeley, Princeton University, Stanford University, University of Chicago, Columbia University, Cornell University, the University of Michigan, Ann Arbor, Carnegie Mellon University, New York University, University of Southern California and so on. Besides the U.S., the British universities of Oxford and Edinburgh University, the University of Toronto in Canada and York University, and so on. Asian countries, Singapore as a financial center in Southeast Asia at the forefront, National University of Singapore and Nanyang Polytechnic have set up courses.