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Mathematical finance is the foundation of financial engineering or computational finance. It appears though that financial engineering FE is more concerned about derivative pricing and hedging using applied math and computational methods. After examining the various masters degree level programs in mathematical finance and financial engineering/computational finance available in the US, it appears that mathematical finance is defined by a heavier emphasis on mathematics vs. finance courses although finance problems are central to the various theories. Some programs are extremely heavy on probability and stochastic calculus. I surmise that if one pursues a PHd in the field, then FE and MF could be seen as one and the same.
Rather than this useless back and forth editing, could we instead discuss the notability and reasons to include the contested external links? finmath.com looks like just an amazon affiliate with no notable references to its pages...am I missing something? What external links should this article include instead of or in addition to the links already listed? Flowanda | Talk 09:47, 10 January 2008 (UTC)