RedskinsInFebruary Posted March 2, 2011 Share Posted March 2, 2011 "Financial engineering"? lolwut? I know there civil, electrical, chemical, etc. But financial engineering? Pfffffffffffffffffft. You don't need Multivariable calculus to do accounting and whatever.....---------- Post added March-2nd-2011 at 01:01 PM ---------- Never mind, looks like there is a discipline. But please, Mr. Polian, it sounds like the fellas in the discipline spend hours and hours studying doing math and stuffing stuff into Excel. How the **** does that tell anyone the GHzs, L2 cache, etc of the person's brain. Haha, I was thinking the same thing--Mr. Polian's eyespeed must've taken that play off to pull out "financial engineer" as an example. Link to comment Share on other sites More sharing options...
PlayAction Posted March 3, 2011 Share Posted March 3, 2011 Haha, I was thinking the same thing--Mr. Polian's eyespeed must've taken that play off to pull out "financial engineer" as an example. Financial engineering is a term used in the world of high finance. As noted in the Wikipedia definition there is Calculus involved (differential equations) and participants often have PHDs in math and computer science: Financial engineering is a multidisciplinary field relating to the creation of new financial instruments and strategies, typically exotic options and specialized interest rate derivatives. The field applies engineering methodologies to problems in finance, and employs financial theory and applied mathematics, as well as computation and the practice of programming; see computational finance. Despite its name, financial engineering does not belong to any of the fields in traditional engineering. In the United States, the Accreditation Board for Engineering and Technology (ABET) does not accredit financial engineering degrees. Financial engineering is also the process of creating new securities or processes, and designing new financial instruments, especially derivative securities. More importantly financial engineering is the process of employing mathematical, finance and computer modeling skills to make pricing, hedging, trading and portfolio management decisions. Utilizing various derivative securities and other methods, financial engineering aims to precisely control the financial risk that an entity takes on. Methods can be employed to take on unlimited risks under certain events,or completely eliminate other risks by utilizing combinations of derivative and other securities. Financial engineering can be applied to many different types of currencies and pricing options. These include equity, fixed income such as bonds, commodities such as oil or gold, as well as derivatives, swaps, futures, forwards, options, and embedded options. With financial engineering comes many risks. Risks are divided into market risk and credit risk. Market risks can be managed using risk identification, risk measurements, and risk management. Credit risks can be managed using credit modeling and credit pricing. To become a financial engineer, one must have a strong understanding of financial economics, mathematical tools such as probability and statistics and differential equations, as well as have engineering principles such as software engineering. Notable financial engineers include F. Black and M Scholes for the pricing of options and corporate liabilities, Robert C. Merton for his theory of rational option pricing and the introduction of stochastic calculus in the study of finance. Robert F. Engle is also notable for the work in analyzing economic time-series with time-varying volatility. Clive W. J. Granger analyzed the economic time series with common trend. Financial engineering is normally employed in the securities and banking industries. It is also used by quantitative analysts in consulting firms or in general manufacturing and service firms, in corporate treasury, corporate finance and risk management roles. Financial engineers will often hold doctorates in computer science or mathematics, although, increasingly, have instead completed a specialized (terminal) masters degree - usually the Master of Financial Engineering, or the more general Master of Quantitative Finance. Link to comment Share on other sites More sharing options...
ChillSkinzFan84 Posted March 3, 2011 Share Posted March 3, 2011 Gabbert will be gone. The only QB we might take IMO is Ponder. Hopefully his arm surgeries will let him slide into the 2nd Round. Ponder will be there in the 2nd and it seems like if he is there when we pick then he will be our guy. He fits the system perfectly and he is a smart qb. Link to comment Share on other sites More sharing options...
SirClintonPortis Posted March 3, 2011 Share Posted March 3, 2011 Financial engineering is a term used in the world of high finance. As noted in the Wikipedia definition there is Calculus involved (differential equations) and participants often have PHDs in math and computer science:Financial engineering is a multidisciplinary field relating to the creation of new financial instruments and strategies, typically exotic options and specialized interest rate derivatives. The field applies engineering methodologies to problems in finance, and employs financial theory and applied mathematics, as well as computation and the practice of programming; see computational finance. Despite its name, financial engineering does not belong to any of the fields in traditional engineering. In the United States, the Accreditation Board for Engineering and Technology (ABET) does not accredit financial engineering degrees. Financial engineering is also the process of creating new securities or processes, and designing new financial instruments, especially derivative securities. More importantly financial engineering is the process of employing mathematical, finance and computer modeling skills to make pricing, hedging, trading and portfolio management decisions. Utilizing various derivative securities and other methods, financial engineering aims to precisely control the financial risk that an entity takes on. Methods can be employed to take on unlimited risks under certain events,or completely eliminate other risks by utilizing combinations of derivative and other securities. Financial engineering can be applied to many different types of currencies and pricing options. These include equity, fixed income such as bonds, commodities such as oil or gold, as well as derivatives, swaps, futures, forwards, options, and embedded options. With financial engineering comes many risks. Risks are divided into market risk and credit risk. Market risks can be managed using risk identification, risk measurements, and risk management. Credit risks can be managed using credit modeling and credit pricing. To become a financial engineer, one must have a strong understanding of financial economics, mathematical tools such as probability and statistics and differential equations, as well as have engineering principles such as software engineering. Notable financial engineers include F. Black and M Scholes for the pricing of options and corporate liabilities, Robert C. Merton for his theory of rational option pricing and the introduction of stochastic calculus in the study of finance. Robert F. Engle is also notable for the work in analyzing economic time-series with time-varying volatility. Clive W. J. Granger analyzed the economic time series with common trend. Financial engineering is normally employed in the securities and banking industries. It is also used by quantitative analysts in consulting firms or in general manufacturing and service firms, in corporate treasury, corporate finance and risk management roles. Financial engineers will often hold doctorates in computer science or mathematics, although, increasingly, have instead completed a specialized (terminal) masters degree - usually the Master of Financial Engineering, or the more general Master of Quantitative Finance. Doing math is a general statement that includes calculus and the like. But when it comes to quarterbacks playing, I see two components: the "do you know" and the "can you figure it out quickly". You didn't correct me on anything. All the you highlighted is per se DOING MATH. You have shown they acquire much knowledge, NOT how fast they learn or how well they do with said knowledge. Polian's aviation analogy makes more sense because the pilots have to go through a bunch of checks and know what to do when something goes wrong. Link to comment Share on other sites More sharing options...
Burgold Posted March 3, 2011 Share Posted March 3, 2011 Okay, what we need to get is a really hot woman in tight jeans down to the NFL combine. Have her walk by the qb drills and "drop" something. Then, measure on the video tape who has the fastest time in checking her out. If it were literally "fast eyes" the test is simple. Use the vision test many states use for driving. The one where you are supposed to tell people if you see a flash on the right or the left and just measure how quickly they react to the stimuli. For an added twist have them hold up the hand or point with their throwing arm towards the direction they see the stimuli flash. Link to comment Share on other sites More sharing options...
The Tris Posted March 3, 2011 Share Posted March 3, 2011 Polian is highly overrated. The Colts suck other than manning, he got lucky its not like the colts would be any good without manning. He makes his WR good.Everyone thinks hes a god because the colts are always 11-5 or better. Its because of Manning not polian. Polian is 3 for 3 in building crap teams into contenders. I would say he's pretty properly rated. Link to comment Share on other sites More sharing options...
DieselPwr44 Posted March 3, 2011 Share Posted March 3, 2011 nm.......... Link to comment Share on other sites More sharing options...
MartinC Posted March 3, 2011 Share Posted March 3, 2011 I'd rather take the advice of Belichick. He picked Brady in the 7th and Matt Cassel in the 7th. Brady was a 6th round pick - which means that the genius Belichick passed on a future HOF QB 5 times just like the rest of the NFL. He just got lucky. Dont forget Belichick is a defensive guy though I think its fair to say he has probably forgotten more about QBs than any of us know. On the point of the OP the ability to read coverage and be able to work through a progression is certainly what separates the really good QBs from the pack. Once a QB has an enough arm strength to be able to play in the NFL its the mental side which makes or breaks. The problem is its much much easier to scout and grade the physical side as opposed to the mental side and its getting harder as more and more College offenses are so unlike what a QB will be asked to run in the NFL. Link to comment Share on other sites More sharing options...
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