|Field of Study:||Applied Mathematics, Other
Financial Planning and Services
|Description:||Over the past two decades, new quantitative techniques have transformed the investor decision-making process and the financial industry. Today, banks, insurance companies, securities, and investment firms turn to technical innovation to gain the competitive advantage. Sophisticated mathematical models are used to support investment decisions, to develop and price new securities, or to manage risk. Financial institutions, in addition to energy companies, utilities, and corporations with exposure to exchange rate or commodities risk, are hiring quantitatively sophisticated employees.