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08:58 Mar 29, 2007
English to Swedish translations [PRO] Bus/Financial - Finance (general)
English term or phrase:financial engineering
The school offers three pathways: financial engineering, hedge funds and private equity and international wealth management.
Explanation: "Computational finance (also known as financial engineering) is a cross-disciplinary field which relies on mathematical finance, numerical methods and computer simulations to make trading, hedging and investment decisions, as well as facilitating the risk management of those decisions. Utilizing various methods, practitioners of computational finance aim to precisely determine the financial risk that certain financial instruments create." http://en.wikipedia.org/wiki/Computational_finance