Birmingham, United Kingdom

Financial Engineering

Master's
Language: EnglishStudies in English
Subject area: engineering and engineering trades
Qualification: MSc
Kind of studies: full-time studies
Master of Science (MSc)
University website: www.birmingham.ac.uk
Engineering
Engineering is the creative application of science, mathematical methods, and empirical evidence to the innovation, design, construction, operation and maintenance of structures, machines, materials, devices, systems, processes, and organizations. The discipline of engineering encompasses a broad range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied mathematics, applied science, and types of application. See glossary of engineering.
Financial Engineering
Financial engineering is a multidisciplinary field involving financial theory, methods of engineering, tools of mathematics and the practice of programming. It has also been defined as the application of technical methods, especially from mathematical finance and computational finance, in the practice of finance. Despite its name, financial engineering does not belong to any of the fields in traditional professional engineering even though many financial engineers have studied engineering beforehand and many universities offering a postgraduate degree in this field require applicants to have a background in engineering as well. In the United States, the Accreditation Board for Engineering and Technology (ABET) does not accredit financial engineering degrees. In the United States, financial engineering programs are accredited by the International Association of Quantitative Finance.
Engineering
A good scientist is a person with original ideas. A good engineer is a person who makes a design that works with as few original ideas as possible. There are no prima donnas in engineering.
Freeman Dyson in Freeman J. Dyson. Disturbing the universe. Harper & Row. ISBN 978-0-06-090771-6. 
Engineering
When I looked at the science of engineering and saw that it had disappeared after its ancient heritage, that its masters have perished, and that their memories are now forgotten, I worked my wits and thoughts in secrecy about philosophical shapes and figures, which could move the mind, with effort, from nothingness to being and from idleness to motion. And I arranged these shapes one by one in drawings and explained them
Al-Muradi, The Book of Secrets in the Results of Ideas, 11th century; Translated and cited at leonardo3.net/bookofsecrets/index, 2015
Engineering
These experiences are not 'religious' in the ordinary sense. They are natural, and can be studied naturally. They are not 'ineffable' in the sense the sense of incommunicable by language. Maslow also came to believe that they are far commoner than one might expect, that many people tend to suppress them, to ignore them, and certain people seem actually afraid of them, as if they were somehow feminine, illogical, dangerous. 'One sees such attitudes more often in engineers, in mathematicians, in analytic philosophers, in book keepers and accountants, and generally in obsessional people'.
The peak experience tends to be a kind of bubbling-over of delight, a moment of pure happiness. 'For instance, a young mother scurrying around her kitchen and getting breakfast for her husband and young children. The sun was streaming in, the children clean and nicely dressed, were chattering as they ate. The husband was casually playing with the children: but as she looked at them she was suddenly so overwhelmed with their beauty and her great love for them, and her feeling of good fortune, that she went into a peak experience . . .
Colin Wilson in New Pathways In Psychology, p. 17
Privacy Policy