What is the best textbook for the core major course of financial engineering?

Updated on educate 2024-07-10
12 answers
  1. Anonymous users2024-02-12

    1. As a basic course for majors, there are some of the following courses.

    Further Mathematics. Plutonomy.

    Elementary macro and microeconomics: choose Samuelson or Mankiw's textbooks, and the Chinese version uses Gao Hongye's good.

    Intermediate Macro and Microeconomics: A textbook co-authored by Pindick and Rubinfeld.

    International Economics, International Finance.

    Finance. Money and Banking.

    Econometrics.

    Accounting. Investment.

    Linear Algebra, Ordinary Differential Equations, Probability Theory and Mathematical Statistics, Dynamic Optimization.

    Stochastic process time series analysis.

    Insurance. 2. Professional courses.

    Financial Engineering.

    Corporate Finance. Fixed income**.

    Derivative financial instruments.

    International Investment.

    Operation and management of commercial banks.

    Credit management for commercial banks.

    Investment Banking.

    Banking Science.

    International settlement. Investment analysis.

    Appraisal of investment projects.

    Marketing.

    Management. Economic.

    Human resource management.

    3. Personal description.

    These courses should not be limited to one person's textbook, but read the works of several people at the same time, and learn from each other's strengths.

  2. Anonymous users2024-02-11

    When we were studying, we used this textbook: "Financial Engineering", Tsinghua University Press, edited by Song Fengming, I feel good, and many schools are also using it, which is more authoritative in China. At first, it may be a little difficult to get started, but it's good to get started!

    Personally, I think that this course is more difficult to learn, it will be better to look at the Chinese version first, of course, if your English is very strong, you can also drop it directly by looking at the original English version*

  3. Anonymous users2024-02-10

    The professional course of financial engineering is a comprehensive discipline that covers the knowledge of multiple professional fields.

    1. Financial markets and institutions.

    This section introduces the organizational structure of the financial market, the trading mechanism, and the functions and operation of financial institutions.

    2. Introduction to Financial Engineering.

    This paper introduces the basic concepts, theories and methods of financial engineering, including financial innovation and financial derivatives.

    3. Financial econometrics.

    Apply statistical and econometric methods to analyze data related to financial markets and financial products, and study the volatility, risk and return of financial markets.

    4. Financial instruments and financial markets.

    Learn the features, pricing and applications of various financial instruments, understand the working mechanism and trading rules of the financial market.

    5. Financial risk management.

    Research on various risks in financial markets, such as market risk, credit risk and operational risk, as well as the corresponding management methods and tools.

    6. Financial engineering modeling and calculation.

    Learn the mathematical models and calculation methods commonly used in financial engineering, including stochastic processes, numerical methods, Monte Carlo simulations, etc.

    7. Financial investment and portfolio management.

    Study portfolio theory and practice, including asset pricing, portfolio optimization, risk management, and more.

    Employment Direction in Financial Engineering:

    1. Financial institutions.

    Graduates can be employed in financial institutions such as banks, ** companies, insurance companies, etc., and are engaged in financial product sales, investment management, risk control, financial engineers and other related positions.

    2. Investment banking.

    Working in investment banking, you can engage in investment banking business, such as capital market financing, mergers and acquisitions, project financing, etc., involving all aspects of investment banking.

    3. Risk management.

    After graduation, Wang Sheng can engage in risk management related work in financial institutions, large enterprises or fintech companies, such as market risk management, credit risk management, operational risk management, etc.

    4. Financial technology.

    With the rise of financial technology, financial engineering graduates can also engage in related jobs in financial technology companies, such as quantitative trading, data analysis, robo-advisory, etc.

  4. Anonymous users2024-02-09

    1. What is the discipline of financial engineering? The discipline of financial engineering focuses on the pricing and practical application of derivative financial products, and its primary concern is how to use innovative financial instruments to more effectively allocate and redistribute the various economic risks faced by individuals in order to optimize their risk and return on return. More specifically, financial engineering is to fit the expected rate of return of a certain financial ** asset to the risk-free rate of return under the assumption of risk neutrality; As a result, it tends to be a risk-averse type of investment.

    2. What is the core content of financial engineering? In financial engineering, its core lies in the development and design of new financial products or businesses, and its essence lies in improving efficiency, which includes: 1. The creation of new financial instruments, such as the creation of the first zero-coupon bond, the first swap contract, etc.; 2. The development and application of existing tools, such as the application of ** trading to new fields, the development of many options and swaps, etc.; 3. Use the existing financial instruments and means to combine and decompose new financial products, such as forward swaps, options, and the construction of new financial structures.

    3. What is a Financial Engineer? Financial engineer refers to the person who has passed the financial professional training, passed the examination, and obtained the certification certificate issued by the authoritative industry association or the corresponding financial institution. Different from traditional financial theory research and financial market analysts, financial engineers pay more attention to the operability of financial market transactions and financial instruments, and apply the latest scientific and technological means and large-scale processing methods (engineering methods) to the financial market to create new financial products and trading methods, so as to win profits, avoid risks or improve services for participants in the financial market.

    Financial engineers are typically employed by investment banks, commercial banks, ** companies, a wide variety of other financial intermediaries, and non-financial companies. Because financial engineers master a range of specialized qualities that cannot be achieved by technology alone, and because the rate of financial innovation exceeds the market's ability to produce competent financial engineers, financial engineers are generally in short supply and have bright employment prospects. On Wall Street, a good financial engineer can earn $500,000 a year.

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  5. Anonymous users2024-02-08

    Finance, Corporate Finance, Financial Econometrics, Financial Asset Pricing, Quantitative Analysis of Financial Risks, Case Analysis of Securities Investment, Life Insurance Actuarial, Investment Banking Practice, **Law, International Settlement and Financing.

    Some colleges and universities are trained in the following professional directions: financial technology, computer and financial engineering.

  6. Anonymous users2024-02-07

    What to study in financial engineeringMainly learn the basic theories and basic knowledge of economics, finance, financial engineering and financial management, have the basic ability to design, develop and comprehensively use various financial tools to creatively solve financial practical problems, carry out financial risk management, corporate finance, investment strategy planning and financial product pricing research, and can be engaged in financial management, financial analysis and planning of high-quality compound modern financial talents. The major of financial engineering mainly uses computers to realize mathematical models, and financial engineering studies the basic knowledge of economics, finance, financial engineering and financial management, and accepts financial management, investment and financing, and risk management.

    Master the basic tools and techniques of financial product design and quantitative analysis, be familiar with national economic and financial guidelines, policies and regulations, understand the frontier of financial engineering discipline and the frontier trends of financial engineering practice, financial time series analysis, risk management, Chinese financial history, international economics, contemporary Western monetary and financial theories, financial engineering major requires candidates to master the basic theories and basic knowledge of economics, finance and financial engineering, and also learn the management and finance related to financial engineering. Basic knowledge of law, etc.

    Major in Financial Engineering

    A fusion of finance, economics and mathematical statistics, computer and other mathematical disciplines of modern finance of the frontier interdisciplinary discipline, specifically the introduction of mathematical tools, engineering thinking and programming methods into the financial field, is committed to the establishment of financial market Qin Zhengchang asset pricing and risk management quantitative model, design, development and application of a variety of new financial tools, so as to creatively solve a variety of complex and important financial problems, engineering two words of the major, most of the two words will be biased towards the direction of engineering.

    Financial engineering mainly uses mathematics and computers to establish financial market models and solve financial problems, which belongs to the branch of finance, but its research direction is more detailed, more professional, more micro, basic knowledge than finance, accept financial management, investment and financing, risk management and other aspects of skills training, mainly use computers to establish mathematical models, so as to solve finance-related problems.

  7. Anonymous users2024-02-06

    The major of financial engineering is to master some of the key to management, finance, finance, law, and computer, and the number of majors; The courses that need to be studied are Finance, Computing Science, Economics, Investment Banking, and Financial Engineering.

  8. Anonymous users2024-02-05

    It refers to a profession that uses engineering techniques to solve all problems encountered in finance. It is necessary to study macroeconomics, international economics, principles of accounting, international finance, and intensive reading in English.

  9. Anonymous users2024-02-04

    This refers to the majors of finance, macroeconomics, microeconomics, money and banking, international economics, and international finance, which all need to be studied.

  10. Anonymous users2024-02-03

    The financial engineering major of Shanghai International University is mainly for Chinese and foreign investment banks, ** companies, insurance companies, commercial banks and other financial institutions to cultivate compound financial analysis business talents with strong foreign language application ability, solid professional foundation, familiar with international operating practices, and mastery of domestic and foreign financial regulations and financial analysis skills.

    The main professional courses are: macroeconomics, microeconomics, money and banking, investment analysis, marketing, mergers and acquisitions, management, international finance, financial management, public finance, econometrics, accounting, statistics, international economics and commercial bank management, etc., of which 10 courses use the original English textbook.

  11. Anonymous users2024-02-02

    Main disciplines: economics, management.

    Main Courses: Economics Module; Finance Module; Computer-on-Modules; Mathematics and Statistics module and other four modules. The courses offered are:

    Political Economy, Microeconomics, Macroeconomics, Econometrics, Money and Banking, Financial Economics, Financial Markets, Investment, Derivative Financial Instruments, Fixed Income, Corporate Finance, Financial Engineering, Financial Accounting, Stochastic Processes, Time Series Analysis, Financial Statistics and Analysis Applications, Commercial Bank Operation and Management, Insurance and Actuarial Science, Game Theory and Information Economics, Financial Risk Management, Investment Banking, International Finance, International Investment, Financial Law, etc.

    Featured directions. Specializing in the design, development and pricing of financial products; financial derivatives and financial risk management; financial econometrics and financial decision analysis; There are four characteristic professional directions in corporate finance and capital operation.

    Featured courses: Financial Economics, Fixed Income**, Corporate Finance, Derivative Financial Instruments, Financial Product Pricing, Financial Risk Management, Financial Engineering, Financial Accounting, Stochastic Processes, Time Series Analysis, Financial Statistics and Analysis Applications, etc.

  12. Anonymous users2024-02-01

    The financial engineering major of Shanghai International University is mainly for Chinese and foreign investment banks, ** companies, insurance companies, commercial banks and other financial institutions to cultivate compound financial analysis business talents with strong foreign language application ability, solid professional foundation, familiar with international operating practices, and mastery of domestic and foreign financial regulations and financial analysis skills.

    The main professional courses are: macroeconomics, microeconomics, money and banking, investment analysis, marketing, mergers and acquisitions, management, international finance, financial management, public finance, econometrics, accounting, statistics, international economics and commercial bank management, etc., of which 10 courses use the original English textbook.

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