Why Should CS Majors Study FM?
This question is about Finanical Management.
This question is about Finanical Management.
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First of all, financial management is a core life skill; almost every one needs to understand some concepts of finance to manage his/her business & personal finances.
It is generally and quite rightfully said, "Money makes the world go round". Finance is like a life-blood for a company. Even the best of the companies and CEOs go out of the business because of poor financial management policies.
Management Information Systems (MIS) and Information Technology (IT) are just a part of the overall corporate strategy which runs on finances, the major resource. So the computer sciences professionals need to have an understanding of the financial concepts to understand and contribute to the overall corporate strategy.
Financial Engineering is an upcoming field that requires people with CS, maths/science, and finance background. Financial engineering is the application of engineering methods to finance. One important area of study is the design, analysis, and construction of financial contracts to meet the needs of enterprises. This field is experiencing an increased demand for professionals, especially those who are trained in both the underlying mathematics/computer technologies and finance.
answered 2 years ago
Because programmers know the value of everything and the cost of nothing.
answered 2 years ago
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