Thursday, October 9, 2014

Math Careers- Financial Engineering

I thought it was really interesting how highly he thought of a math degree and how much math intersects other fields of learning. They explained the role of mathematics in their job really well; they talked about how derivatives, multivariate statistics, and differentials played into their buying and selling. They also used extrapolation to predict how prices will raise or lower over a set amount of time. Trends over time are much more accurate when the math behind the algorithms are more sound. Being a financial engineer requires much innovation, critical thinking, and creativity.

It was difficult to understand all the financial terms they were discussing about markets, pricing, and modeling. But it was still interesting nonetheless.

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