Financial engineering majors mainly study political economics, microeconomics, macroeconomics, econometrics, monetary banking, financial economics, financial marketing, securities investment, derivative financial instruments, fixed-income securities, corporate finance, financial engineering, financial accounting and so on.
Fund companies need talents who can do fund performance evaluation, risk control and asset allocation. Securities companies, securities companies in difficult times, also seek opportunities for survival through the design of integrated wealth management products.
Introduction to financial engineering;
Financial engineering refers to the design, development and implementation of innovative financial tools and financial means, as well as creative solutions to financial problems.
Financial engineering has two concepts: narrow sense and broad sense. Narrow financial engineering mainly refers to the use of advanced mathematics and communication tools, on the basis of existing basic financial products, to carry out different forms of combination decomposition, in order to design new financial products that meet customer needs and have specific profit and loss characteristics.
Financial engineering in a broad sense 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. This paper adopts the broad concept of financial engineering.
Financial engineering has two concepts: narrow sense and broad sense. Narrow financial engineering mainly refers to the use of advanced mathematics and communication tools, on the basis of existing basic financial products, to carry out different forms of combination decomposition, in order to design new financial products that meet customer needs and have specific profit and loss characteristics.
Financial engineering in a broad sense 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.
Main work:
1, the creation of new financial instruments, such as the creation of the first zero-coupon bond and the first swap contract;
2. Development and application of existing tools, such as applying futures trading to new fields and developing a large number of options and swaps;
3. Combine the existing financial tools and means with combinatorial decomposition technology to compound new financial products, such as forward swaps and futures options, and build a new financial structure.