Programs in Financial Engineering equip learners with the necessary knowledge and skills for developing, integrating and using quantitative models to analyze financial information and guide clients with regard to borrowing, lending, investing, saving and managing financial risks. The focus of these programs is to not only prepare the students for developing and managing various quantitative models and evaluating risks but also ensuring that the importance of aligning these models with any business’ planning processes is understood. Students gain a holistic view of the financial markets and get the opportunity to hone their analytical skills and managerial competencies.
Financial Engineering programs are designed to help students gain knowledge about effectively using mathematical techniques and quantitative models for finding solutions to problems in the financial markets. Students of these programs learn to develop and evaluate innovative tools with regard to investments and new methods of analysis. On successful completion of any Financial Engineering program, learners will have a thorough understanding of regression analysis, time-series model, hedging, global financial markets and current global financial market trends as well as have the competencies to evaluate portfolio performance and assess risks. Learners will be in a position to guide clients concerning investment decisions and educate them about the most potent methods for effective financial planning. Additionally, a student of Financial Engineering program gets to hone his/her analytical skills, reasoning skills and professional communication skills.
A combination of the following topics is taught in Financial Engineering programs-
Strategic Management | Legal Aspects of Business | Foundations of Business Management | Principles and Practices of Management |
Business Analytics | Project Management | Strategic Cost Management | Management Information System |
Corporate Finance | Research Methodology | Financial Management | Financial Markets and Services |
Financial Analytics | Stochastic Models | Monte Carlo Simulation | Optimization Models and Methods |
Quantitative Analysis | Statistical Analysis and Time Series | Financial Engineering: Continuous Time Models |
Programs in Financial Engineering are apt for fresh graduates or working professionals who either aspire to have successful and lucrative careers in the financial sector (asset management firms, banks, insurance companies and hedge funds) or are looking to boost their career growth in this realm by gaining relevant knowledge and essential skills.
Programs in Financial Engineering enable access to employment opportunities in the following positions -