2002•Zhongyang Caizheng Jinrong Xueyuan xuebaoRequires access
Financial Engineering and Its Development in China
Ding Xiang-yan
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Abstract
The essence of Financial Engineering is financial innovation and financial creativity, including the design, development and application of innovative financial instruments. Financial Engineering produces a new way of thinking and technology of financial innovation, and the activity and the education of Financial Engineering have developed rapidly in developed countries. Financial Engineering is the basic power of the development of modern finance, and represents the direction of the development of finance. It is greatly valuable to develop academic education, and pay attention to researches on Financial Engineering in China.