The master of financial engineering in Britain is a master of science degree, which is a vocational education rather than an academic research education. A master's degree is a postgraduate degree between a bachelor's degree and a doctorate. People with a master's degree will master and specialize in an academic field. The courses of Master of Financial Engineering are all centered on the application of finance, and most of them are combined with accounting, economics or investment. A degree is an academic title that marks that the educational level and academic level of the grantee have reached the prescribed standards. Master's degree is the direction of postgraduate study. It is necessary to cultivate not only theoretical talents, but also applied talents to adapt to the development and needs of society.
Supplementary materials:
1, British Master of Financial Engineering:
Based on the compound knowledge structure, the major of financial engineering aims to cultivate applied financial engineering talents with international vision and innovative spirit. Changing jobs emphasizes the ability to analyze, study and apply financial problems and the cultivation of financial engineering quality, and pays attention to cultivating innovative consciousness on the platform of professional basic theory and practical innovation. Financial engineering refers to all technological developments that use engineering means to solve financial problems. It includes not only financial product design, but also financial product pricing, trading strategy design, financial risk management and other aspects. Financial engineering is to introduce engineering thinking into the financial field, comprehensively adopt various engineering technologies to design, develop and implement new financial products, and creatively solve various financial problems.
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, and the courses focus on the financial field. It usually includes stock market analysis, portfolio analysis, futures and options, asset pricing, capital budgeting, fixed income analysis, interest rate model and financial risk management courses, which combines the dual advantages of finance and engineering. Therefore, to apply for a master's degree in financial engineering, the applicant must have taken calculus and statistics at the undergraduate level.
2, the British master of financial engineering curriculum:
The financial engineering major in Britain is a combination of finance, mathematics and computer, accounting, economy or investment, and the financial major needs a professional mathematics background.
The main core courses include: securities, futures and options, fixed income securities, portfolio management, mathematical finance, financial engineering, econometrics, game theory, stochastic calculus, and computer methods of Black Schultz model and MATLAB.
3. Research fields of British financial engineering:
The research scope of financial engineering specialty includes: developing and designing new financial methods to reduce transaction costs, such as the exploration and utilization of arbitrage opportunities in financial markets. Creatively provide systematic and complete solutions to solve some financial problems, such as the development and application of various risk management technologies. Design and develop new financial instruments, such as forward agreements for securities depository receipts. Generally speaking, it is to develop and create new financial instruments and methods on the basis of existing financial instruments and methods.
4. Employment prospects of the British Master of Financial Engineering:
All over the world, people with a master's degree in financial engineering will work in major investment banks, securities companies, fund companies, financial instrument series companies, fund management companies, insurance companies and venture capital companies. People who have graduated with a master's degree in financial engineering can engage in practical work in finance, securities, insurance and related fields, engage in data processing and analysis, risk assessment and management, wealth management of famous teachers, securities investment and management in government departments, and also engage in research and teaching in scientific research and education departments.
5. Introduction to the employment direction after graduation of the British Master of Financial Engineering:
(1) financial engineer: apply new scientific and technological means to financial markets on a large scale, create new financial products and trading methods, and win profits, avoid risks or improve services for financial market participants.
(2) Chartered wealth manager: more than 5 years working experience in financial institutions, good economic foundation and at least two investment fields.
(3) Investment management talents: Investment management talents mainly include venture capital talents, financial leasing talents, financial business representatives and personal investment consultants.