Master of Accountancy & Master of .......?

Engineer80
Thu, 27 Sep 2018 19:19:15 +0000

Financial engineering has little in common with accounting. It is the application of high level mathematics (stochastic calculus, spectral analysis, some elements of physics, stochastic processes, stochastic differential equations, computer science/AI and others) to prediction and optimization of financial instrument performance. A typical undergraduate accounting major does not delve heavily into calculus and optimization. Most of the accountants I know didn’t have any mathematics in college beyond basic probability and statistics, algebra, or possible some introductory non-proof/theory based calculus.