What is financial engineering?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter3: Organizing And Financing A New Venture
Section3.5: Seed, Startup, And First-round Financing Sources
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What is financial engineering?

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Financial engineering is a process of solving problems and financial problems by using certain statistical and mathematical tools and techniques. It creates value for the company and these techniques solve the problems and result in an increase in profit and cash flow which further leads to the creation of value.

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