financial engineering vs project management

[rookie1010]

Hello

I was wondering which one is a better career

financial engineering vs project management

which one offers
better money
easy entry
better career progression

 

[FoBoT]

project managers are evil :evil:

 

[GeneValgene]

my guess is that a financial engineer acts in a support role to the project manager

 

[D1gger]

Project Management can be a very high stress / high pressure job. Lots of money, but seems like if you are any good, you get all the really difficult, really ugly projects. Many burn out after a few years.

 

[Nerva]

financial engineering for the win

 

[kranky]

What is financial engineering?

 

[Rudee]

Originally posted by: kranky
What is financial engineering?

Project Engineer, which is what I do for a living. I rarely here it referred to as a "financial engineer" though. Very odd.

 

[cchen]

Originally posted by: Rudee

Originally posted by: kranky
What is financial engineering?

Project Engineer, which is what I do for a living. I rarely here it referred to as a "financial engineer" though. Very odd.

No, financial engineering is the practice of applying mathematical / engineering techniques (most notably with operations research and statistics) to financial problems like asset pricing and derivatives structuring.

 

[imported_Tick]

Originally posted by: cchen

Originally posted by: Rudee

Originally posted by: kranky
What is financial engineering?

Project Engineer, which is what I do for a living. I rarely here it referred to as a "financial engineer" though. Very odd.

No, financial engineering is the practice of applying mathematical / engineering techniques (most notably with operations research and statistics) to financial problems like asset pricing and derivatives structuring.

They almost all work for large banks in New York or Hong Kong.

 

[rookie1010]

what are the factors that make Project Management a very high stress / high pressure job ? i guess the dificult, ugly projects are balcnced out by money. burn out sounds like the finance industry.

do we have burn out in financial engineering too ?

is management consultancy the same as project management?

i have heard that it is difficult to break into the world of financial engineering (ne needs a lot of contacts and good networking).

is it as difficult to break into project management?

 

[GeneValgene]

Originally posted by: rookie1010
what are the factors that make Project Management a very high stress / high pressure job ? i guess the dificult, ugly projects are balcnced out by money. burn out sounds like the finance industry.

do we have burn out in financial engineering too ?

is management consultancy the same as project management?

i have heard that it is difficult to break into the world of financial engineering (ne needs a lot of contacts and good networking).

is it as difficult to break into project management?

if things go wrong, or budgets are blown, or the schedule slips, or you miss a turnaround date, or the vendor backs out on a promise that screws you over, or if anything else goes wrong...

guess who gets the blame! YOU!

that's why project management is high stress....plus you are dealing with clients, vendors, workers all the time. rewards are great, but it's a lot of responsibility