Olga A. Mural Financial Engineering Trading Floor
Financial engineering is the application of mathematical methods to the solution of financial risk management problems. As the pace of financial innovation increases, the need and demand for highly qualified people with specific training in financial engineering has intensified.
Financial Engineers Price and Manage Risk
The primary goal of financial engineering is to manage financial risk and structure cash flows for optimal financial management. Investment banks, hedge funds, insurance companies, corporate risk managers and regulatory agencies use the expertise of financial engineers to solve problems in derivative securities valuation, risk management, strategic planning and dynamic investment strategies. Using the tools of economics, finance and mathematics, financial engineers measure and price risk to structure products, providing unique risk management solutions.
The Financial Engineering Experience at KSU
The faculty of the MSFE Program are committed to providing an innovative academic curriculum. Since its inception in 2002, the MSFE faculty and industry leadership continues to demonstrate an evolving commitment to the success of their graduates. This commitment extends beyond the student’s time at Kent State University, beginning with their internship experience, career coaching and networking to post graduate career opportunities.
The program emphasizes both practice and theory, providing students with the invaluable education that is needed to enter the marketplace prepared and qualified for a position of responsibility.
Financial Engineering Trading Floor
A cornerstone of the MSFE Program is the Olga A. Mural Financial Engineering Trading Floor. This $2.2 million facility rivals the capabilities of derivative trading firms and is equipped with the same state-of-the art systems and software used in the financial industry. The MSFE trading floor accurately simulates real-world environments bringing the daily tumult of trading to campus.
Through the integration of MSFE’s rigorous academic program with true to “The Street” capabilities of the trading floor; students quite literally experience theory in action. Throughout the year, trading floor sessions are used to bridge the divide between intellectual knowledge and financial engineering practice. MSFE trading floor sessions provide students with invaluable understanding and insights into financial engineering activities such as derivatives trading, hedging, arbitrage and other market activities.
Kent State’s MSFE Program is the only academic program that has a derivatives-oriented trading floor with live connections to the exchanges. This unique resource provides an unparalleled learning environment and ensures that MSFE students graduate as “Quants Who Can Trade.”
Technology
TRADING TECHNOLOGIES X_TRADER PRO platform connects with the world’s top futures exchanges and is among the most popular futures trading platforms in professional use today.
REUTERS 3000 XTRA is a widely used system that displays market news and real-time quotes from the commodities, currencies and equities markets. A particularly interesting aspect of the software is a cut-and-paste feature that allows real-time quotes from Reuters to be placed into student-developed spreadsheets. Because the quotes in the resulting spreadsheets are continuously updated, students have a powerful tool in which to develop their own real-time, algorithmic trading applications.
THE CQG INTEGRATED CLIENT provides a complete and innovative trading interface with accurate global market data, professional analytical tools and advanced order routing.
PATSYSTEMS J-TRADER is a leading, front-end trading tool that is both easy to use and widely adopted. J-Trader provides all the functionality expected of an all-purpose trading tool.