Financial Engineering

<p>I just heard about the financial engineering, a major offered at Princeton University. A friend of mine signed up for it, and it sparked my interest. It sounds amazing. Have any of you heard of it? For those colleges that don't offer financial engineering, do you think economics/mathematics is comparable?</p>

<p>I know Columbia SEAS has this major (under operation engineering i believe), as well. Financial Engineering is more like finance, banking, quantitative analysis, and such. I think taking math with concentration in applied science or other specific (business-related) programs may be comparable.</p>

<p>Yeah, right now I think Princeton and Columbia are the only schools offering for undergrad, and it's graduates have been doing incredibly well from both schools.
For grad programs, Berkeley and Columbia are considered the best two programs, but lots of schools are starting to give it increased attention due to high demand.</p>

<p>Check out MMSS at Northwestern. MMSS+econ is better than typical math + econ (actually I think stats + econ is a more relevant combo for this) since MMSS is designed to integrate math and social science and therefore the math is more applicable. There are finanicial engineering and related courses under their management sciences & engineering department.</p>

<p>My life insurance salesman neighbor calls himself a financial engineer. He really sells life insurance.</p>