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What is the purpose of financial engineering?

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Question added by Abdullah Mahhaden, CFA, CPA , Assurance Manager , Grant Thornton
Date Posted: 2013/06/17
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by Deleted user

The purpose of Financial Engineering is the application of science-based mathematical models to decisions concerning saving, investing, borrowing, lending, risk managing and trading.To be more specific it involves managing risk, managing portfolios, pricing assets, conducting technical and fundamental analysis, as well as setting up trades using different strategies and assets.

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