Financial Engineering News

Last updated
Financial Engineering News
EditorJim Finnegan
Categories financial engineering
FrequencyBimonthly
Circulation 8,500 [1]
PublisherCusp Communications Group
First issueAugust 1997
Final issue2007
CountryUSA
Based in Waltham, MA
Language English
Website fenews.com
ISSN 1092-6380

Financial Engineering News (FEN) was a bimonthly print and digital magazine publication of financial engineering-related news. [1] A biweekly email newsletter, Financial Engineering Today was also published.

Contents

In 1996, Financial Engineering News was established by Dr. Jim Clark. It was published by Stonebridge Center Publishers' in Issaquah, WA, through 2000. FEN was acquired in 2001 by Jim Finnegan, CFA, and was owned by Cusp Communications Group. Under the ownership of the Cusp Communications Group, FEN expanded from an eight-page tabloid format to a bimonthly magazine averaging 54 pages per issue. Circulation was quadrupled and its website traffic increased tenfold.

Financial Engineering News was a newspaper devoted to reporting on the news, events, people, significant innovations, debates, and issues in the field of quantitative finance; as it applies to the real-world of investment management, insurance, investment banking, commercial banking, financial regulation, and corporate finance. It was published between the years of 1996 and 2007. By 2007 global circulation was approximately 18,000 for the print/digital magazine and 25,000 for the weekly e-mail newsletter Financial Engineering Today (or FET).

Readership

The readership included a high proportion of professionals who had earned or were in the process of earning the CFA (Chartered Financial Analyst), FRM (Global Association of Risk Professionals), and PRM (Professional Risk Managers International Association) and Society of Actuaries (SOA) accreditations, and readers who worked for commercial enterprises in the areas of risk management, asset management, financial analysis, trading (stock/bond/commodities/derivatives), corporate finance, and financial product development.

FEN was an independent publication with no affiliation to any professional association. The readers were financial professionals with undergraduate and often master's degrees (typically an MBA or MS in Finance). They were not exclusively Ph.D.’s in their field: it was written for financial professionals and managers who relied upon the techniques and concepts of quantitative finance in their professional careers, have a background in this area, but were looking for commercially relevant and accessible ideas, tools, news, insights, techniques and concepts that could be put to use in their jobs without the theoretical math.

Suspension of publication

In January 2007, the publisher of FEN (Cusp Communications Group) announced publication would be suspended after the Jan/Feb 2007 issue. [2] [3] The publication was shut down due to the general decline in print advertising which affected all print publications. The publication had been a "free to qualified professionals" publication. The copyrights to back issues and all other assets associated with FEN continue to be owned by Jim Finnegan.

Related Research Articles

Professional certification, trade certification, or professional designation, often called simply certification or qualification, is a designation earned by a person to assure qualification to perform a job or task. Not all certifications that use post-nominal letters are an acknowledgement of educational achievement, or an agency appointed to safeguard the public interest.

Finance is the study and discipline of money, currency and capital assets. It is related to and distinct from economics, which is the study of the production, distribution, and consumption of goods and services. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance.

<span class="mw-page-title-main">Dow Jones & Company</span> American publishing and financial information company

Dow Jones & Company, Inc. is an American publishing firm owned by News Corp and led by CEO Almar Latour.

<span class="mw-page-title-main">Robert C. Merton</span> American economist

Robert Cox Merton is an American economist, Nobel Memorial Prize in Economic Sciences laureate, and professor at the MIT Sloan School of Management, known for his pioneering contributions to continuous-time finance, especially the first continuous-time option pricing model, the Black–Scholes–Merton model. In 1997 Merton together with Myron Scholes were awarded the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for the method to determine the value of derivatives.

<span class="mw-page-title-main">Investment banking</span> Type of financial services company

Investment banking pertains to certain activities of a financial services company or a corporate division that engages in providing advisory-based services on financial transactions for clients, such as institutional investors, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, FICC services or research. Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket, Middle Market, and boutique market.

A financial analyst is a professional, undertaking financial analysis for external or internal clients as a core feature of the job. The role may specifically be titled securities analyst, research analyst, equity analyst, investment analyst, or ratings analyst. The job title is a broad one: in banking, and industry more generally, various other analyst-roles cover financial management and (credit) risk management, as opposed to focusing on investments and valuation; these are also discussed in this article.

The Chartered Financial Analyst (CFA) program is a postgraduate professional certification offered internationally by the US-based CFA Institute to investment and financial professionals. The program teaches a wide range of subjects relating to advanced investment analysis—including security analysis, statistics, probability theory, fixed income, derivatives, economics, financial analysis, corporate finance, alternative investments, portfolio management—and provides a generalist knowledge of other areas of finance.

John C. Hull is a professor of Derivatives and Risk Management at the Rotman School of Management at the University of Toronto.

Financial risk management is the practice of protecting economic value in a firm by managing exposure to financial risk - principally operational risk, credit risk and market risk, with more specific variants as listed aside. As for risk management more generally, financial risk management requires identifying the sources of risk, measuring these, and crafting plans to mitigate them. See Finance § Risk management for an overview.

Financial modeling is the task of building an abstract representation of a real world financial situation. This is a mathematical model designed to represent the performance of a financial asset or portfolio of a business, project, or any other investment.

<span class="mw-page-title-main">Central Bank of Armenia</span> Central Bank of Armenia

The Central Bank of Armenia is the central bank of Armenia with its headquarters in Yerevan. The CBA is an independent institution responsible for issuing all banknotes and coins in the country, overseeing and regulating the banking sector and keeping the government's currency reserves. The CBA is also the sole owner of the Armenian Mint.

Site Selection magazine, published by Conway Data, Inc., is the official publication of the Industrial Asset Management Council (IAMC). The magazine delivers expansion planning information to over 44,000 readers including corporate executives, site selection consultants, and real estate professionals. Site Selection is available in a bimonthly print magazine, or on their web site. The magazine is headquartered in Norcross, Georgia.

Crain Communications Inc is an American multi-industry publishing conglomerate based in Detroit, Michigan, United States, with 13 non-US subsidiaries.

The following outline is provided as an overview of and topical guide to finance:

A master's degree in quantitative finance is a postgraduate degree focused on the application of mathematical methods to the solution of problems in financial economics. There are several like-titled degrees which may further focus on financial engineering, computational finance, mathematical finance, and/or financial risk management.

Following is a partial list of professional certifications in financial services, with an overview of the educational and continuing requirements for each; see Professional certification § Accountancy, auditing and finance and Category:Professional certification in finance for all articles. As the field of finance has increased in complexity in recent years, the number of available designations has grown, and, correspondingly, some will have more recognition than others. Note that in the US, many state securities and insurance regulators do not allow financial professionals to use a designation — in particular a "senior" designation — unless it has been accredited by either the American National Standards Institute or the National Commission for Certifying Agencies.

District Administration is a bimonthly printed and twice-daily digital B2B publication for education leaders in public K12 school districts. Based out of Palm Beach, Florida, and published by ETC, a brand owned by the UK-based Arc-network, which also publishes University Business magazine for higher education leaders, it is the only education magazine to reach every superintendent and principal in the country, along with assistant superintendents, technology directors, and federal funds administrators, among others.

<i>Euromoney</i> English-language monthly magazine

Euromoney is an English-language monthly magazine focused on business and finance. First published in 1969, it is the flagship production of Euromoney Institutional Investor plc.

<span class="mw-page-title-main">Master of Finance</span>

The Master of Finance is a master's degree awarded by universities or graduate schools preparing students for careers in finance. The degree is often titled Master in Finance, or Master of Science in Finance. In the U.S. and Canada the program may be positioned as a professional degree. Particularly in Australia, the degree may be offered as a Master of Applied Finance (MAppFin). In some cases, the degree is offered as a Master of Management in Finance (MMF). More specifically focused and titled degrees are also offered.

<span class="mw-page-title-main">Nepal Rastra Bank</span> Central bank of Nepal

The Nepal Rastra Bank was established April 26, 1956 A.D. under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilities including guiding the development of the embryonic domestic financial sector. As of now, the NRB is functioning under the new Nepal Rastra Bank Act, 2002. The functions of NRB are to formulate required monetary and foreign exchange policies so as to maintain the stability in market prices, to issue currency notes, to regulate and supervise the banking and financial sector, to develop efficient payment and banking systems among others. The NRB is also the economic advisor to the government of Nepal. As the central bank of Nepal, it is the monetary, supervisory and regulatory body of all the commercial banks. development banks, finance companies and micro-finances institutions.

References

  1. 1 2 "Re-defining the Digital Magazine". FOLIO: . 2006-12-14. Retrieved 2007-06-21.
  2. FEN: notice of suspended publication
  3. "Journals in Accounting, Finance and OR for Research" . Retrieved 2007-06-21.[ dead link ]