MBA finance
Master of Business Administration (MBA)
Finance is one of the main forms of financial specialty in American universities. Because it is set up under the MBA program, such courses should learn MBA-related management courses. Compared with MSF, its subject range is wider and more diversified, but the depth of financial specialty is not as deep as MSF.
United trade union of manufacturing, science and finance
Master of Science
Finance (MSF) is mainly established to train financial professionals. MSF's main professional interests include financial analysis, investment management and corporate financing.
Typical core courses: including investment analysis, corporate finance and financial management or management accounting. Its basic disciplines: including economics, accounting and metrology (introduction to time value of money and statistics).
MSF course also includes financial economics, financial risk management and other branches and interdisciplinary subjects of economics and management. Therefore, undergraduates in finance, economics or general business can apply, but the basic application conditions are excellent computing skills, such as calculus and probability.
Financial engineering
Financial engineering, also known as quantitative finance and financial mathematics in the United States, is the most professional project among masters of finance. The model is widely used in financial engineering. It uses mathematical methods to analyze the stock trend and yield curve, and analyzes the pricing rules, functions and application strategies of various bonds. It can be said that financial engineering is a discipline formed by the intersection of finance and mathematics.
Financial engineering is theoretical and abstract. It widely uses mathematics, physics and engineering methods, and uses mathematical language instead of daily language to explain financial thoughts.
Therefore, financial engineering requires high mathematics, and colleges and universities are more inclined to recruit science students. However, the finance majors in most colleges and universities are both liberal arts and sciences, and the requirements for mathematics are not so high.
other
In addition to the above three directions, there are financial analysis, international finance, applied finance and financial management. Each project has a different name and slightly different requirements.