<p>Just being confused by its categorization - does financial engineering belong to engineering or business? If anyone wants to apply to this particular discipline which school (like business school, industrial engineering school etc.) in universities should his particularly look for? </p>
<p>I will appreciate any help regarding this question!</p>
<p>At Cornell I believe it is part of the Operations Research and Informaiton Engineering school in the College of Engineering.</p>
<p>Clearly the answer depends on the university. Name some universities you’re interested in. Then, we can see whether they have financial engineering programs and, if so, whether they are located in the school of engineering or the school of business. You should be targeting your applications to specific schools, anyway. Maybe I’m not understanding the question.</p>
<p>It’s a hybrid specialization. It overlaps math, economics, finance, business, etc.</p>
<p>Thank you all for your reply! Are some of you majoring in FE? Just wondering…
For me, I am tentatively applying to
2926 U Pennsylvania
2116 Columbia U (My Dream School)
3987 Yale U
0996 U waterloo
0984 U western Ontario
4704 Stanford U
1832 U chicag
…and a few LASs.
A few about myself:
I am an IB year2 student and take both physics and economics as Higher Level courses. Since I am mostly interested in economics, my current concern is that if I will have to apply to an engineering school (to do FE) I may not have my focus of study on economics. However, if I just apply to a business school, I am afraid that I may lose the chance to fulfill the prerequisites for applying to FE later on. And btw, do schools offer FE for first year students?
Thanks a million for your help again.</p>
<p>To add on to boonsboro, it could go under several different names. But typically involves at least one class in Op. Research.
At my school, it’s under Systems Engineering. Industrial Engineering at others.</p>
<p>With the amount of math it typically requires, it’s usually engineering.</p>
<p>Doing a brief search, I noticed Penn has what my school does: Systems Science & Engineering. UChicago doesn’t have engineering or undergrad business so that looks like a bust. Columbia’s FE program is under engineering.</p>
<p>UChicago does have one of the best applied mathematics departments in the country and they have a degree program called Mathematics with a Specialization in Economics. This may be a good undergrad degree to get you started in Financial Engineering before grad school.</p>
<p>I would warn you about FE programs. All are not created equal. Some are more math heavy than others. Do you know what financial engineering really is? From what you are saying I guess that you are not. I considered going into FE so I did quite a lot of research. </p>
<p>First, you will need to take courses in programming. Preferably C/C++. FE deals with the computational and mathematical modeling of financial instruments. An economics degree will not cut it, you will need to be in a math/econ degree to cover the advanced math you will need. </p>
<p>You do not need an engineering degree, but you will need to take advanced math. Math/Econ, Stats, Applied math… etc. </p>
<p>ex: [Admissions</a> Criteria, Master of Financial Engineering Program - Haas School of Business, UC Berkeley](<a href=“Master of Financial Engineering Program | Berkeley Haas”>Master of Financial Engineering Program | Berkeley Haas)</p>
<p>If you are dead set on FE, then hang out in QuantNet. Its the CC for Quants which is what you want to be. </p>
<p>here are the top FE rankings in the country:
[2011</a> QuantNet Ranking of Financial Engineering Programs](<a href=“http://www.quantnet.com/mfe-programs-rankings/]2011”>2023 QuantNet Ranking of Best Financial Engineering Programs | QuantNet Community)</p>
<p>That forum is where you need to do your research on FE programs and admissions requirements. Good Luck.</p>