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Financial Engineering and Risk Management Part II

Financial Engineering is a multidisciplinary field involving finance and economics, mathematics, statistics, engineering and computational methods. The emphasis of FE & RM Part II will be on the use of simple stochastic models to (i) solve portfolio optimization problems (ii) price derivative securities in various asset classes including equities and credit and (iii) consider some advanced applications of financial engineering including algorithmic trading and the pricing of real options. We will also consider the role that financial engineering played during the financial crisis. We hope that students who complete the course and the prerequisite course (FE & RM Part I) will have a good understanding of the "rocket science" behind financial engineering. But perhaps more importantly, we hope they will also understand the limitations of this theory in practice and why financial models should always be treated with a healthy degree of skepticism.

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Rating 4.5 based on 79 ratings
Length 8 weeks
Effort 13 hours videos and quizzes
Starts Jul 5 (147 weeks ago)
Cost $49
From Columbia University via Coursera
Instructors Martin Haugh, Garud Iyengar
Download Videos On all desktop and mobile devices
Language English
Subjects Business
Tags Business Finance

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What people are saying

very good course

very good course.

Some tasks were unclear, but overall great course It is a very good course with excellent learning materials and video lectures.

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risk management

If you would like to understand fundamentals of Derivatives pricing and risk management, then don't think or wait.

Must recommended for FRM candidates or Risk management professionals.

proof of many formula, some concepts should be introduced in more detail in order to make them fully comprehensible, e. g. LETF Excellent course overall with the opportunity to learn about complex products and their pricing, risk management and complex theories with practical exercise from a highly respected university.

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financial engineering

:-) great course, great TA and great professors It is really a great course on financial engineering!

The lectures in part I and II of the course greatly helped me in landing a cool internship in financial engineering in the Pricing & Development team of Societe Generale Africa Technologies and Services in Casablanca, Morocco and I'm currently doing very well at the company.

So prior understanding of financing as well as Financial Engineering I is mandatory.

If you're interested in Quantitative Finance or trying to get a good idea of what financial engineering entails, please take this course.

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no way

V There's no way to get help in this course.

I'm stuck on one of the quizzes -- probably just something easy that I've mis-read-- but there's no way to ask questions, so there's no way for me to complete the quiz.

Careers

An overview of related careers and their average salaries in the US. Bars indicate income percentile.

Lab Instructor for Risk Management and Financial Engineering $48k

CIVIL ENGINEERING SPECIALIST - ENGINEERING $59k

Financial Systems Engineering Analyst $70k

Engineering Planner/ Financial Analyst $84k

Engineering 4 $91k

Senior Analyst - Financial Engineering $95k

Engineering IT $101k

Financial Analyst- Engineering Finance- Networks business Manager $125k

Global Engineering Financial Controller: Exhaust Emissons $135k

Engineering and Engineering Program Management $142k

IT Engineering $150k

R&D Engineering 3 $167k

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Rating 4.5 based on 79 ratings
Length 8 weeks
Effort 13 hours videos and quizzes
Starts Jul 5 (147 weeks ago)
Cost $49
From Columbia University via Coursera
Instructors Martin Haugh, Garud Iyengar
Download Videos On all desktop and mobile devices
Language English
Subjects Business
Tags Business Finance

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