Financial Engineering

<p>I'm interested in financial engineering but don't know much about it. I've searched the web and this forum but haven't come up with much. Could someone provide some insight and information on this field? What are jobs in this field like? Also, I believe Princeton is the only university to offer this as an undergrad major.. Since I go to Berkeley, am I right in assuming Industrial Engineering and Operations Research is the closest thing to it?</p>

<p><a href="http://talk.collegeconfidential.com/showthread.php?t=2295&page=1&pp=15&highlight=financial+engineering%5B/url%5D"&gt;http://talk.collegeconfidential.com/showthread.php?t=2295&page=1&pp=15&highlight=financial+engineering&lt;/a&gt;&lt;/p>

<p><a href="http://talk.collegeconfidential.com/showthread.php?t=122183&page=2&pp=15&highlight=financial+engineering%5B/url%5D"&gt;http://talk.collegeconfidential.com/showthread.php?t=122183&page=2&pp=15&highlight=financial+engineering&lt;/a&gt;&lt;/p>

<p>There was an article in today's Columbia University Spectator announcing that the college of engineering there is about to offer an undergraduate concentration in financial engineering. There is already an industrial engineering and operations research major, so perhaps this is a little more specific, but the courses they mentioned in the article are operations research courses involving statistics, probability, and modeling.</p>