math in financial engineering

College Majors Business Major
1

<li><p>Is it necessary to have a math degree or minor for financial engineering? I heard some have math degrees and some have just the bare necessities. In other words what math courses would be adequate?</p></li>
<li><p>I am about to get a finance degree in one year, would another degree be effective? (computer science, econ, etc.)</p></li>
<li><p>In a master’s in finance(or economics) degree, what math would be adequate? </p></li>
</ol>

<p>My interest are a bit scattered. I like to do a little bit of programming(in some form), financial planning, math, and derivative trading(one of my biggest interest).</p>

<p>Any advice would be great!</p>

2

<p>If it's for financial engineering/computational finance</p>

<p>Calc I-III
Probability & Statistics
PDE's (or ODE's)
Linear Algebra
Intro programming</p>

<p>And another degree in CS or Math will help.</p>

<p>If it's for regular finance/econ then I don't know.</p>

3

<p>It's OK to have a degree in finance or econ just as long as you have the math and programming skills to back it up (which the poster above pretty much hit the nail on the head with).</p>

4

<p>Thanx Lacero and pbg for the advice!</p>

5

<p>any other advice is welcome.</p>

6

<p>Calc I-III
Probability & Statistics
PDE's (or ODE's)
Linear Algebra
Intro programming</p>

<p>ive done most of this stuff in my A lvls , i wanna get this msc b4 i get my bachelors LOL!</p>

7

<p>If your school offers it, try to take a class in Stochastic Calculus/Processes, Measure Theory, etc, along with what the above suggested. Its the basis of modern asset/derivative pricing theory.</p>

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<p>thank you all for the advice, I was not sure because I looked at positions available and some want in the range of BS-Ph.Ds in math, Comp. Sci. or other quantitative degrees.</p>

<p>Again, thank you!!</p>

9

<p>quantnet.org and global-derivatives.com offer great advice on this as well.</p>