FINANCIAL ENGINEERING

The Financial Engineering major is becoming an increasingly attractive choice for young individuals passionate about finance, mathematics, and technology. With the rapid development of financial products and technologies in the financial industry, this field is full of potential, offering exciting career opportunities.

Program Introduction

In recent years, financial management has become increasingly common in people's daily lives. Terms like savings, loans, financial management, bonds, funds, and stocks are familiar to most, but many may not fully understand the underlying principles. 

This major focuses on modern financial activities and financial innovation, applying mathematical analysis-centered modern financial theories, tools, technologies, and methods to creatively solve financial problems. It is a new emerging discipline in finance that is highly practical and technical.

Students in this program should master basic theories and knowledge in economics, finance, economic mathematics, and computer science, understand micro-finance principles and operations, and possess basic skills in banking, securities, insurance, investment, risk management, and related business areas. 

Training Objectives

This program aims to cultivate excellent financial engineering talents by carefully selecting textbooks and course content, striving for students to quickly acquire the most essential theoretical knowledge they will need, and then adopting a problem-oriented approach to efficiently develop students' ability to apply professional knowledge to solve practical problems.

Specifically, the program is designed to train high-end talents with the following qualities and skills: adaptable to the needs of socialist market economy construction, with a well-rounded development in moral, intellectual, physical, and aesthetic aspects, able to thrive in an open economic environment, with solid knowledge in economics, finance, computer technology, and good English proficiency. 

Graduates will systematically master the basic theories and methods of financial engineering, have good moral, professional, cultural, and physical qualities, possess strong practical innovation and application abilities, and be capable of working in cutting-edge areas such as digital currency, electronic payments, intelligent investment advisory, and big data finance.

Graduation Requirements

After completing the program, students will possess the following knowledge and abilities:

1. A solid foundation in humanities, social sciences, and natural sciences, a high sense of social responsibility, good professional ethics, innovative spirit, competitive awareness, and practical ability.

2. A solid grasp of the basic theories, knowledge, and skills in economics, finance, management, and accounting.

3. Mastery of financial engineering theory and practice, and familiarity with the frontiers and trends of the field of financial engineering.

4. A strong foundation in mathematics and econometrics, with the ability to apply both qualitative and quantitative analysis in scientific research, master basic mathematical modeling techniques, engineering methods, and empirical financial market analysis skills.

5. Emphasis on interdisciplinary integration with information technology, management, engineering, and other fields, strong abilities in financial analysis, financial planning, financial data processing, financial innovation, and practical application.

6. Mastery of methods and skills in corporate (personal) investment and financing, financial product design, financial engineering software applications, and personal financial management, with the ability to design, develop, and implement innovative financial tools, as well as a basic understanding of product pricing and risk management. Graduates will be able to creatively solve real-world financial problems using modern financial theories and financial engineering methods and techniques.

7. Mastery of methods for searching economic and financial literature from both domestic and international sources, with a certain level of economic research ability, and the ability to use modern economic methods to conduct social surveys, statistical analysis, and management.

8. Strong foreign language, computer, and information technology application abilities.

9. Strong learning ability, writing ability, oral communication skills, interpersonal communication, and cross-cultural communication abilities.

Core Courses

1. Introduction to Mao Zedong Thought and the Theoretical System of Socialism with Chinese Characteristics

2. Basic Principles of Marxism

3. Physical Education 1

4. Management

5. Intensive English (Part 1)

6. English Listening (Part 1)

7. Basic Computer Applications

8. Advanced Mathematics (Part 1)

9. Military Training

10. Ideological and Moral Cultivation and Legal Foundation

11. Outline of Modern Chinese History

12. Physical Education 2

13. Writing

14. Intensive English (Part 2)

15. English Listening (Part 2)

16. Database Applications

17. Advanced Mathematics (Part 2)

18. Linear Algebra

19. Microeconomics

20. Political Economy

21. Economic Law

22. Probability Theory and Mathematical Statistics

23. Macroeconomics

24. Finance

25. Statistics

26. Accounting

27. International Economics

28. Econometrics

29. Stochastic Processes

30. Social Surveys

31. Securities Investment

32. Financial Engineering

33. Financial Statement Analysis

34. Commercial Banking Operations

35. Comprehensive Economic Experiments

36. Financial Risk Management

37. Career Guidance

38. Current Situation and Policies

39. Professional Survey and Internship

40. Internship and Practice

41. Graduation Thesis (Design)

Research directions of Financial Engineering major

The research directions of the Financial Engineering major typically include:

• Derivative Pricing and Risk Management: Study financial derivative pricing models and risk hedging strategies.

• Asset Pricing and Portfolio Management: Explore asset pricing models and methods for optimizing investment portfolios.

• Microstructure of Financial Markets: Analyze market transaction mechanisms and price formation processes.

• Financial Technology and Algorithmic Trading: Study the application of big data and machine learning in finance.

Degree Awarded

Students who complete the program and meet the degree requirements will be awarded a Bachelor's degree in Economics.

Career Development

Graduates with a degree in Financial Engineering primarily find employment in major state-owned commercial banks, various joint-stock commercial banks, securities companies, insurance companies, cooperative financial institutions, foreign banks, trust companies, and fund management companies.

They can also work in financial leasing companies, credit management companies, credit rating agencies, financial management organizations, domestic and foreign consulting firms, large and medium-sized enterprises, as well as economic management, policy consulting, credit rating, asset evaluation, industry analysis, financial engineering design, and financial product development in various government departments.

Graduates primarily engage in the following roles:

• Bank Accountant / Teller

• Corporate Business

• Civil Servant

• Bank Customer Representative

• Personal Business

• Securities Analyst / Financial Research

• Public Sector Employees

• Accountant / Auditor

Related Majors

• Finance

• Insurance

• Investment

• Financial Mathematics

• Credit Management

• Economics and Finance

• Actuarial Science

• Internet Finance

• Financial Technology

• Financial Auditing

Ranking of Financial Engineering Schools

1. Renmin University of China

2. Central University of Finance and Economics

3. University of International Business and Economics

4. Nankai University

5. Xiamen University

6. Nanjing University

7. Wuhan University

8. Southwestern University of Finance and Economics

9. Xi'an Jiaotong University

10. Southeast University

11. Zhongnan University of Economics and Law

12. Huazhong University of Science and Technology

13. Northeast University of Finance and Economics

14. Sichuan University

15. Capital University of Economics and Business

16. Nanjing University of Finance and Economics

17. Jinan University

18. Zhejiang University of Finance and Economics

19. Jiangxi University of Finance and Economics

20. Guangdong University of Foreign Studies

21. Zhejiang Gongshang University

22. Shandong University of Finance

23. Shanghai University of International Business and Economics

24. Beijing Technology and Business University

25. Guangdong University of Finance

26. Tianjin University of Finance and Economics

27. Anhui University of Finance and Economics

28. Beijing University of Science and Technology

29. Nanjing Audit University

30. Hefei University of Technology