What is financial engineering all about?

<p>Do you need an undergraduate degree in some sort of businiess? I looked at the prerequisite requirement for Master's in Financial engineering at several schools and it seems like you only need some knowledge of Calculus, probability, statistics, linear algebra and such. Do many people do this? How's the job outlook?</p>

<p>A finance major would probably be the closest match; however you’d want to compliment it with math and computer programming courses so you can model financial equations and analyze the results, etc. It’s a very quantitative field. Math and Stats majors also do well in financial engineering.</p>