Specializations in Financial Engineering

MAJOR

DEFINITIONS/ DESCRIPTION

SPECIALIZATIONS
Financial Econometrics Financial econometrics is the application of statistical theories to economic ones for the purpose of forecasting future trends.

Teaches
• Econometric models which help explaining and predicting variables of interest.
 		 Investment
commercial and retail banking
Financial analyst
Investment management
Capital markets
 
Accounting Accounting is the measurement, statement or provision of assurance about financial information primarily used by managers and other decision makers.
Prepares for
• Public or managerial accounting
• Corporate accounting / Government accounting
 		 Accounting systems
Auditing
Cost accounting
Financial-statement analysis
Government and nonprofit accounting
Tax accounting
 
Business Administration and Management It consists of the performance or management of business operations and thus the making or implementing of major decisions.
Prepares you to
• Emphasize on management functions like leadership, human resource management or organizational behavior.
 		 Accounting
Business ethics and law
Business finance
Business policy and strategy
Economics
Human resources management
 
Business and Managerial Economics It is a branch of economics that applies microeconomic analysis to specific business decisions.
Teaches
• Principles of accounting and analyzing market trends.
 		 Accounting
Business policy and strategic management
Calculus
Econometrics
Economics of regulation
Financial markets
International trade
 
Economics Economics is the social science that studies the production, distribution, and consumption of goods and services.
Deals with
• Risk assurance, internal auditing and financial accounting.
 		 Business economics
Comparative economic systems
Development economics
Economic theory
Environmental economics
Statistics