financial engineering and algo trading

[lobomattu]

Hi guys,
I'm working in a securities firm in an emerging market that will soon allow algorithmic trading in about 3-4 years. Once it commences, I believe that it would be a great opportunity to have expertise in it before others. In order to do so, I wish to work in firms that do algo and/or high frequency trading in the US to learn as much as I can. The best way to get my foot in the door is to get a master's degree in the US.

My question is, is financial engineering a good degree for this? I can't imagine another degree being more related. What are the benefits from FE degree that I could use in algo trading? I'd appreciate any comments and links between the two. Thanks!

 

[John]

AFAIK at least two programs include teaching on algorithmic trading, CMU'S MSCF and Baruch's MFE. Check out their curriculum.

 

[lobomattu]

seems like there's a course or two that briefly touches the subject, but I guess there's no specific course on algo trading anywhere..

 

[Paul Mithouard]

seems like there's a course or two that briefly touches the subject, but I guess there's no specific course on algo trading anywhere..

You have the Algorithmic Trading and Quantitative Strategies course in NYU s program.
http://math.nyu.edu/financial_mathematics/content/03_program/04.html

MFE is probably the best way to touch on that although the quality of course may vary from one program to another.

Best,
Paul

 

[atreides]

seems like there's a course or two that briefly touches the subject, but I guess there's no specific course on algo trading anywhere..

http://depts.washington.edu/compfin/academics/courses/

AMATH 551 Foundations of Trading Systems

 

[David Rappaport]

Finding the right mentor is paramount