Financial engineering is better than finance, and its knowledge is wide. For example, I will talk about the following. Monetary credit and financial intermediary and financial market, as well as this monetary equilibrium and macro policy. Micro-mechanism of financial operation and related aspects of structural financial development and stability mechanism His explanation is more professional than our usual explanation of financial engineering.
Financial engineering refers to the design, development and implementation of innovative financial tools and financial means, as well as creative solutions to financial problems. Financial engineering has two concepts: narrow sense and broad sense. Narrow financial engineering mainly refers to the use of advanced mathematics and communication tools, on the basis of existing basic financial products, to carry out different forms of combination decomposition, in order to design new financial products that meet customer needs and have specific profit and loss characteristics. Financial engineering in a broad sense refers to all technological developments that use engineering means to solve financial problems. It includes not only financial product design, but also financial product pricing, trading strategy design, financial risk management and other aspects.
Conclusion The biggest difference between finance and financial engineering is that the former focuses on cultivating research-oriented talents. The course of finance is mainly theoretical. Mainly to learn various theoretical knowledge of finance, and then cultivate students to learn to think, learn finance, and deeply understand the connotation of finance. Financial engineering also needs to learn finance, but the depth of theoretical knowledge is not high. Instead, it uses various tools to apply finance to practice. Generally speaking, financial engineering teaches you to learn a financial technology, so we attach great importance to practice in financial engineering teaching.