Financial Engineering

1.Evolution

The Department of Financial Engineering was established in 2004 and started enroll students in 2005. It is one of the first batch of undergraduate majors of financial engineering in Anhui Province. The financial engineering major always persists in undergraduate first, establishing in Anhui, facing the whole country, and complying with the integration tendency of the Yangtze River Delta, so as to provide talent supports and intellectual supports for the development of the modern financial industry. The financial engineering major is determined to cultivate senior financial talents who meet the needs of the economic and social development, develop all-round in morality, intelligence, physique and aesthetics, and labor, with solid basic theories and knowledge in mathematics, economics, finance, and computer, proficient in the application of modern information analysis tools, adapt in the principles and operational practices of micro-finance business, as well as with the spirit of innovation, entrepreneurial awareness, competition and cooperation awareness and practical ability to engage in relevant businesses such as banking, securities, insurances, investments, and risk managements.

2.Introduction

Over the past decades, the Department of Financial Engineering, based on the principle of improving quality and highlighting characteristics, has held the concept of establishing a firm professional foundation, widening the road of practical training, and cultivating practical talents, and has committed to build the financial engineering major into a top major that meets the social and economic developmentwith prominent advantages, distinctive characteristics and strong influence in the country. After decades of development, the financial engineering major has made great achievements. In 2013, the financial engineering major was approved for the Outstanding Financial Risk Manager project, and selected and established the FRM experimental class in the whole school, aiming at cultivating international financial risk management talents. In 2014, the financial engineering major became a provincial-level pilot major for professional comprehensive reform. In 2018, the major established a key laboratory for financial asset allocation and management and a provincial-level experimental center for virtual quantitative investment. In 2019, the major was approved for provincial-level top (brand) major construction projects. In 2020, the major approved as the provincial-level top undergraduate construction site. In 2020 and 2021, Financial Engineering and Financial Risk Management became the first-class school-level courses.

3.Staff

The financial engineering major has professional faculties, and reasonable structure of academic degrees, learning origins, ageand professional titles. At present, the financial engineering major has 11 full-time teachers, 3 teachers with overseas study (visiting) backgrounds, 3 master tutors; 10 teachers with doctoral degrees (including 1 PhD student), 1 master; 3 professors, 3 associate professors and 5 lecturers; 2 teachers over 45 years old, 5 teachers aged 35-45 years old, and 4 teachers under 35 years old; 1 awarded with Anhui Province Rookie of Worship, 1 awarded with Anhui Province Outstanding Young Talent, and 2 awarded with School-level Rookie of Worship, 1 school-level Longhu scholar (first grade), 1 backup candidate of school-level academic leader. The teachers of financial engineering major are active in the front line of teaching and R&D. Their researches involves the major fields of financial engineering, such as the financial asset pricing, risk management, market microstructure, and quantitative investment. In recent years, the teachers of financial engineering major have led 3 NSFC projects and more than 10 provincial and ministerial-level projects. They have published more than 10 thesis on domestic and foreign authoritative and core journals , including Journal of Management Sciences in China, System Engineering Theory and Practice, Chinese Journal of Management Science, North American Journal of Economics and Finance, Finance Research Letters, Studies in Nonlinear Dynamics & Econometrics and Journal of Risk.

4.Main course

The curriculum of financial engineering major mainly focuses on the key fields of financial engineering such as financial asset pricing, risk management, market microstructure, financial econometrics, and quantitative investment. The curriculum is dynamically optimized and adjusted according to the talent training and market demands. Below are the main professional courses for financial engineering major.