Financial Engineering

<p>1)Is Financial Engineering a good major which is respected by the employers?
2)Does it have a high job prospect?
3)What are the companies that the Financial Engineers can work in?
4)What are the best Financial Engineering schools?</p>

<p>Note: Please don't write that Financial Engineering is not considered as an engineering at all. Because I am already sick of it.</p>

<p>Isn’t it part of industrial engineering?</p>

<p>I’d like to know more about this</p>

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<p>Is this considered engineering?</p>

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<p>Some schools have financial engineering programs that are based out the business school (UC Berkeley Haas), sometimes it’s out of the math/statistics department (Stanford), a lot of times it’s in the engineering department. I don’t know of any school that offers and undergrad degree in financial engineering. It is mostly a graduate program, with MS being the terminal degree. I believe most people go into this in order to be quantitative analysts for a big investment firm, hedge fund managers or work on Wall St.</p>

<p>For a list of schools, check out this site: <a href=“global-derivatives.com”>global-derivatives.com;

<p>You can check the rankings from a few years ago to get an idea of what people consider “the best”. Also read the forums. </p>

<p>This major was very popular right before the recession, but right now it’s at a low point. Not to say it won’t come back…just like how CS was at a low point after the dot-com bubble burst, but now it’s back in a big (and more stable) way.</p>

<p>“Financial Engineering” is the black art of obtaining and keeping money for your own program/lab/whatever. Every serious engineer, whatever the specialty, will have to learn this. :P</p>