What Are the Job Prospects and Responsibilities of Financial Engineers?

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SUMMARY

Financial engineers, particularly those with degrees in econometrics and financial engineering, are currently in high demand due to a shortage of qualified candidates. The discussion highlights that while there are opportunities for individuals with physics PhDs and other technical backgrounds, specialized degrees will eventually dominate the field as the market matures. Job prospects are favorable, indicating a growing need for professionals equipped with the right educational background in financial engineering.

PREREQUISITES
  • Understanding of financial engineering principles
  • Familiarity with econometrics
  • Knowledge of quantitative analysis techniques
  • Awareness of the job market dynamics in finance
NEXT STEPS
  • Research the curriculum and skills required for a degree in financial engineering
  • Explore job boards and resources specific to financial engineering roles
  • Investigate the impact of advanced degrees in econometrics on career prospects
  • Learn about the transition from technical fields like physics to financial engineering
USEFUL FOR

Students and professionals considering a career in finance, particularly those interested in financial engineering, econometrics, and quantitative analysis.

ice109
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any financial mathematicians/engineers on this board?

anyone know any good places to find out what one does as a financial engineer, what job prospects are like?
 
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I think the job prospects would be fine for those with degrees in econometrics and financial engineering because currently they are more jobs in those fields than people holding degrees in those fields. This creates a gap that is currently being filled by physics PhD and other technical grads but like mechanical and electrical engineer at its infancy in the defense industry people with specialized degrees will dominate the field when they are enough to do so.
 

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