What is Financial Engineering?
Financial engineering is a multidisciplinary field that applies engineering principles and mathematical techniques to solve complex financial problems and create new financial products, encompassing areas such as risk management, corporate finance, and investment strategies. It is an evolving field that combines elements of finance, mathematics, statistics, computer science, and economics to develop innovative financial solutions. Financial engineers leverage quantitative methods, computational tools, and financial theory to tackle challenges in the financial markets, aiming to optimize financial strategies and risk management. Definition of Financial Engineering Financial engineering is the application of engineering methods to financial markets, using mathematical and computational techniques to address various financial problems and create new financial instruments. Unlike traditional finance, which often focuses on the analysis of financial markets and the management of funds, fi...
