Current location - Training Enrollment Network - Mathematics courses - What do financial engineering, financial mathematics, financial statistics and financial management mean respectively?
What do financial engineering, financial mathematics, financial statistics and financial management mean respectively?
1, financial engineering:

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.

2, financial mathematics:

It is a new discipline and an important part of "financial high technology".

3. Financial statistics:

It refers to the activities of the statistical departments of financial institutions to collect, sort out and analyze the information and data of various financial business activities.

4. Financial management:

It refers to the monetary fund management implemented by the state to achieve the balance between supply and demand of money, stabilize the currency value and economic growth.

The specific meaning is as follows:

1, the concept of financial engineering has 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. This paper adopts the broad concept of financial engineering.

2. Financial mathematics is a new discipline and an important part of "financial high technology". The research goal is to make use of some advantages in China's mathematics field, deeply analyze the mathematical theory of financial market equilibrium and securities pricing, establish a mathematical model suitable for China's national conditions, write certain computer software, simulate theoretical research results, conduct econometric analysis and research on actual data, and provide in-depth technical analysis and consultation for the actual financial sector. The core content is to study the optimal selection theory of portfolio and the asset pricing theory under uncertain random environment. Arbitrage, optimality and equilibrium are the basic ideas of economics and the three basic concepts of financial mathematics.

3. Financial statistics refers to the activities of the statistical departments of financial institutions to collect, sort out and analyze information and data of various financial business activities.

4. Financial management is the main course of a university: political economics, western economics, finance, international economics, monetary banking, international financial management, securities investment, insurance, business management of commercial banks, central banking, investment banking theory and practice, etc. Main practical teaching links: including course practice, graduation practice, etc. , generally arranged for 6 weeks.