Financial Engineering: What is the purpose of Financial Engineering?
73 Views|Posted 2015-11-03 18:26:20
Asked by Anil Sharma
2 Answers
A
Answered by
2 years ago
The purpose of financial engineering is to create and implement innovative financial products, strategies, and solutions to meet the complex needs of individuals, businesses, and institutions in the financial markets. Financial engineering involves the application of mathematical and quantitative te
Upvote 
D
Answered by
2015-11-03 18:55:47
It is a multidisciplinary field involving financial theory, the methods of engineering, the tools of mathematics & practice of programming. As one can think by name it is Engineering field but does not belong to any of the fields in traditional engineering.
A person who uses technical tools in finan
Upvote Taking an Exam? Selecting a College?
Get authentic answers from experts, students and alumni that you won't find anywhere else.
On Shiksha, get access to
66K
Colleges
|
1.2K
Exams
|
6.9L
Reviews
|
1.9M
Answers
Didn't find the answer you were looking for?
Search from Shiksha's 1 lakh+ Topics
or
Ask Current Students, Alumni & our Experts
Have a question related to your career & education?
or
See what others like you are asking & answering