<p>Would majoring in financial engineering at Undergraduate level make any difference in entering Graduate program?
Does majoring financial engineering limit one's carreer like Industrial Engineering or is is broader like Operations Research?</p>
<p>I'm torn between two colleges. One with FE as a major is not offering me much aid while the other does. The difference is about $15,000.
I'd love to study Financial engineering at undergraduate level, but is it worth the debt?
Thanks.</p>
<p>At the undergraduate level, I would not worry whether a program was actuallty called "Financial Engineering". Most FE programs are at the gard level. I would instead think of obtaining a B.Sc. in Maths/Physics or B.S. in Electrical Engineering. </p>
<p>In either of these, you will build the tools you will eventually need for FE. Here in Toronto, maths and EE grads are often hired directly by banks and trading firms because the background is very well suited to financial math.</p>
<p>A financial engineering undergrad degree, in most cases, is an operations research degree with a few FE classes added on. If I were you, I would major in applied math (or something similar) and take the few FE classes as electives. However, this is because I like math and finance more than OR and finance. This could be different for you.</p>