[Editor’s note]With2014 With the college entrance examination approaching, how to choose a major has become a very worrying matter for candidates and parents. "Guangming Daily" launches the column "Deans of Colleges and Universities Talk about Majors", inviting deans and department heads of well-known universities to introduce the majors they study. Wu Weixing, dean of the w88 casino of Finance of w88 casino, introduced the financial engineering major so that candidates and parents can have a deeper understanding of the professional setting philosophy, development direction, training goals and students' future growth paths. I hope it can help answer the questions of candidates and parents禆Benefit. Welcome to apply for the w88 casino!
Financial Engineering: The Crown Jewel of Economics
Wu Weixing
("Guangming Daily" ( 2014Year6month6Day6 version)
Financial engineering is not unfamiliar to many professionals, but for ordinary people, it is far less "close" than traditional disciplines such as finance and law. In a narrow sense, financial engineering is the technology and methods of financial risk management. A more popular explanation is: Financial engineering is the development and application of financial products to solve financial problems, as well as the technology and methods to create value by identifying and utilizing financial opportunities.
We will find an interesting phenomenon. In today's highly developed economy, financial risk is no longer a proper term for fund managers and stock brokers in financial institutions. Whether it is a financial security issue related to the survival of a country, such as200710978_11056
Compared with other traditional disciplines, financial engineering has its own obvious characteristics. One is that it is highly practical, and the other is that it is an interdisciplinary subject. All techniques of financial engineering exist to solve actual financial problems. Whether you are building an asset portfolio that includes stocks, bonds, and futures, or you are looking for arbitrage opportunities through data mining of stock market and futures market data, you need financial engineering technology to complete it. To do this, you need to master complex knowledge, so financial engineering is an interdisciplinary subject. If you ask professors in the Department of Financial Engineering what knowledge they commonly use, you will hear a lot of non-financial professional terms. If you inquire further, you will find that they almost100%has an educational background in mathematics or physics. One of the necessary conditions for the students they recruit is "good at math and strong at computers."
With the rapid development of the domestic financial market today, there is an urgent need for financial talents who understand financial engineering and risk management technology.200212095_123151012341_12395200312423_12603
Of course, there are still many problems in the development of my country's financial engineering. On the one hand, the development of my country's financial market is not perfect, and many financial strategies and technical methods cannot be implemented; on the other hand, the existing regulatory systems and regulations are also imperfect, and there are many hidden financial risks. However, precisely because my country's financial market is in the stage of development and improvement, it also provides a richer set of practical topics for the financial engineering profession. We have reason to believe that the next ten years will be a decade in which financial engineering dominates the financial market. The market is calling for more talents who understand financial engineering and financial risk management technology!
(The author is the dean of the w88 casino of Finance, w88 casino)
Original report link：
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