Volume : V, Issue : VIII, August - 2015

Financial Engineering: an assessment of the Opportunities in the Indian Financial Market

Dr. Saloni Gupta

Abstract :

Financial engineering uses multi–pronged tools and inter–disciplinary knowledge from the fields of conventional finance, computer science, statistics, economics and applied mathematics to address current financial situations as well as to devise new and innovative financial products, in view of the specific investment goals. Financial engineering is sometimes referred to as quantitative analysis and is used, among others, by commercial banks, investment banks, insurance agencies and hedge funds.Although there are many overlaps and synergies in their activities; nevertheless most financial engineering positions have a specific focus within the firm viz. to make money by trading the firm‘s own capital; to support the frontline traders with timely strategies; to create new, hyid and innovative financial products; to measure, manage and control risk; and to maintain investment portfolios thatmeet certain given objectives. Many complex problems are associated with each area of practice, which are yet to be solved. These represent opportunities for continuous research in a variety of fields, by both academic researchers and industry professionals.

Keywords :

Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. Saloni Gupta Financial Engineering: an assessment of the Opportunities in the Indian Financial Market Indian Journal of Applied Research, Vol.5, Issue : 8 August 2015

Number of Downloads : 469

References :