"Financial Engineering"
Financial
engineering is the application of science-based mathematical
and statistical models to make a better decision about
managing financial risks, investing, borrowing, lending,
and saving. It is the creation of new and improved financial
products through innovative design or repackaging of existing
financial instruments.
Financial
engineers use various mathematical tools in order to create
new investment or trading strategies. The new products
created by financial engineers can serve as solutions
to problems or as ways to maximize returns from trading
in the market.
|
»
