Category: 

How Do I Become a Financial Engineer?

Article Details
  • Written By: Jessica F. Black
  • Edited By: Shereen Skola
  • Last Modified Date: 18 November 2016
  • Copyright Protected:
    2003-2016
    Conjecture Corporation
  • Print this Article
Free Widgets for your Site/Blog
President Richard Nixon had an entire speech prepared in case the Apollo 11 astronauts became stranded on the Moon.  more...

December 8 ,  1965 :  Pope Paul VI promulgated Vatican II into ecumenical law.  more...

You may need to complete several degree programs to become a financial engineer, as most companies may require that you have at least a bachelor's degree in finance. Typically, suitable candidates will need to have excellent grades in mathematics and finance related coursework. Some corporations prefer that you have a master's degree, and you may want to continue your education in order to increase employment options. Experience can also be extremely important to become a financial engineer, and you should seek internships or entry-level employment during your undergraduate studies.

To ensure you are on the right educational path to become a financial engineer, meet with your college adviser, who may be able to help you choose courses that will best prepare you to become a financial engineer. Some of these classes may include introductory financial engineering, corporate finance, and microeconomics analysis. Introductory courses will prepare you for field-related coursework including forecasting and risk analysis, elements of stochastic processes, and management of financial risk. During your advanced coursework, you will want to begin looking for an internship with a financial firm.

Ad

Internships will provide you with an opportunity to observe the industry and work closely with senior financial engineers. Hands-on involvement is usually required during internships and this will allow you to apply your knowledge to a work environment. Future employers may be interested in your internship experiences and you will typically need to have previous experience to become a financial engineer. Entry-level positions in a financial engineering area will also help you enter this profession and you should begin composing a resume of all related experience.

After graduation and completion of internships, you may want to begin looking for a university that offers a master's degree in financial engineering. This advanced degree will focus primarily on your intended area of expertise and may help you to become a financial engineer. Larger corporations may be seeking candidates who have extended experience and an enhanced knowledge of the field, which a master's degree usually provides.

In addition to an education, you will need to remain up-to-date on financial information in your field. Communication skills will also be required to enter this profession because you will need to consult with clients and other professionals on a regular basis. The Internet, local newspapers, and financial firms are excellent resources for seeking employment in this profession.

Ad

You might also Like

Recommended

Discuss this Article

Post your comments

Post Anonymously

Login

username
password
forgot password?

Register

username
password
confirm
email