Financial engineering pays more attention to the basic knowledge of mathematics than its similar disciplines: economics, finance and investment. In most American universities, business schools offer financial engineering, but most schools need GRE or GMAT scores. The admission of financial engineering majors pays more attention to your math scores, math skills, and your views and understanding of this major. If you apply for this major as a mathematics major, you will have certain advantages in mathematics. If your GRE and TOEFL scores are good, then you can apply for a good school. But it doesn't mean that you can't apply for a good school if you are not good at math. It just means that we will make up for him in another way and cover him up from your advantage. Generally speaking, for in-service graduate students in China, their math scores are very good, so your insight and understanding of this major is very important. For other majors in business school, the requirements for mathematics are not very high, and most majors need GMAT scores. In terms of scholarship, the probability of getting a scholarship is similar to that of financial engineering, mainly depending on the setting of the school and the background of the customers. In fact, compared with other majors, the competition of financial engineering is still fierce.
In China, financial engineering, as a new discipline in the financial field in the 1990s, has been widely concerned. Its essence is to use various derivative financial instruments, such as options, futures and swaps, to manage various risks in the financial field. In China, financial engineering has just started, and now only a few universities offer on-the-job graduate students in financial engineering. However, financial engineering has great development prospects, and financial engineering in the United States has become a relatively complete system. So now many college students want to apply for financial engineering in the United States every year.
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