For many years, actuarial science (the use of mathematics and statistics in the insurance industry) has been ranked one of the nation's top careers. Now the rest of the financial industry and many other industries and businesses have caught on to the value mathematics and statistics can have for them. The result is the field of Financial Engineering.
Financial engineers use mathematical, statistical, and computational tools to solve problems originating in the world of finance, and in the financial divisions of mid-to-large sized businesses. Their job titles are quite varied, including financial engineer, business analyst, risk manager, business intelligence specialist, and many others. Their analytic skills make them key members of decision and policy making teams.
Absolutely. We have a strong financial engineering program whose graduates are sought after by regional employers. Our financial engineering faculty are excellent teachers, and have active research programs that feature extensive undergraduate and graduate student involvement.