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What is financial engineering ?who can do it ? which are the top schools in US offering this?



What is financial engineering ?who can do it ? which are the top schools in US offering this?

Financial engineering is relatively new area of study that has become of interest to investment companies.

Students in an FE program learn to employ theoretical finance and computer modeling skills to make pricing, hedging, trading and portfolio management decisions.

One of the top, if not #1 is Haas School of Business located at UC Berkeley. They are one of the leaders and pioneers on the subject.

http://mfe.haas.berkeley.edu for more info Source(s): Berkeley alum
Financial engineering basically means creating fixed income instruments (bonds) from other bonds. It also involves making derivatives and pricing them.

Anyone with a passion and drive to put their mind to their studies can do it. You would have to be highly quantitative in taking on this kind of program.

Top schools can vary depending on who you ask.
+International Association of Financial Engineers
http://www.iafe.org/

+FE News Columbia University
http://www.fenews.com/what-is-fe/what-is...

+What is Financial Engineering?
http://answers.yahoo.com/question/index?...

+Intro to Quantitative Finance
http://www.global-derivatives.com/index....

+QuantNet Forum
http://www.quantnet.org/forum/archive/in...
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