The QuantNet ranking of Financial Engineering, Mathematical, and Quantitative Finance master's programs in the US offers detailed insights into placement and admission statistics from the nation's top programs. It serves as the ultimate guide for prospective applicants, helping them choose and enroll in the best master’s programs in quantitative finance.
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Baruch College New York, NY 10010Master in Financial Engineering1Total Score100Peer Score4.3The Baruch College's Master of Financial Engineering (MFE) program is offered by the Math Department under the Weissman School of Arts and Sciences. This three-semester program starts in the Fall semester.4.93 star(s)29 reviewsLeave a rating Tuition$42,395Enrollment24 FT, 4 PTAcceptance rate7.1%Employment RateAt Graduation100%After 3 months100%SalaryAverage salary*$220,500 Visit program's website
Princeton University Princeton, NJ 08544Master in Finance2Total Score97Peer Score4The Princeton University's Master in Finance (MFin) program is offered by the Bendheim Center for Finance (BCF), an interdisciplinary center at Princeton University. This two-year program starts in the Fall semester.4.86 star(s)7 reviewsLeave a rating Tuition$125,720Enrollment37 FTAcceptance rate7.7%Employment RateAt Graduation100%After 3 months100%SalaryAverage salary*$240,611 Visit program's website
Carnegie Mellon University New York, NY 10005 | Pittsburgh, PA 15213MS in Computational Finance3Total Score95Peer Score4.3The Carnegie Mellon University's Master of Science in Computational Finance (MSCF) is a 16-month financial engineering degree developed through the joint venture of four Carnegie Mellon colleges - Department of Mathematical Sciences, Department of Statistics and Data Science, Heinz College of Information Systems and Public Policy and the Tepper School of Business.4.64 star(s)45 reviewsLeave a rating Tuition$97,061Enrollment95 FTAcceptance rate20.0%Employment RateAt Graduation92%After 3 months97%SalaryAverage salary*$160,336 Visit program's website
University of California, Berkeley Berkeley, CA 94720Master of Financial Engineering4Total Score91Peer Score3.9The UC Berkeley Master of Financial Engineering (MFE) program is offered by the Berkeley Haas School of Business. Established in 2000, this one-year program commences each spring.4.45 star(s)38 reviewsLeave a rating Tuition$80,486Enrollment76 FT, 11 PTAcceptance rate20.8%Employment RateAt Graduation84%After 3 months96%SalaryAverage salary*$173,758 Visit program's website
Columbia University New York, NY 10027Masters in Financial Engineering5Total Score88Peer Score3.6Launched in 2002, Columbia University's Master in Financial Engineering (MFE) program is offered by the Industrial Engineering and Operations Research Department under The Fu Foundation School of Engineering and Applied Science. This one-year, full-time program, starts in the fall semester.3.30 star(s)10 reviewsLeave a rating Tuition$88,632Enrollment106 FTAcceptance rate10.1%Employment RateAt Graduation66%After 3 months100%SalaryAverage salary*$154,175 Visit program's website
University of Chicago Chicago, IL 60637MS in Financial Mathematics6Total Score85Peer Score3.6The University of Chicago's Master in Financial Mathematics (MSFM) program is offered by the Department of Mathematics under the Physical Sciences Division. Launched in 1996, this three-semester program starts each Fall semester.4.74 star(s)39 reviewsLeave a rating Tuition$90,013Enrollment127 FT, 6 PTAcceptance rate28.5%Employment RateAt Graduation90%After 3 months98%SalaryAverage salary*$143,216 Visit program's website
Cornell University Ithaca, NY 14850Master in Financial Engineering7Total Score83Peer Score3.4The Cornell University's Master in Financial Engineering program is offered by School of Operations Research and Information Engineering (ORIE) under Cornell Engineering. Established in 2006, this three-semester program starts in the Fall semester in Ithaca, upstate NY with the last semester in New York City.4.71 star(s)7 reviewsLeave a rating Tuition$97,806Enrollment53 FTAcceptance rate19.4%Employment RateAt Graduation75%After 3 months95%SalaryAverage salary*$144,433 Visit program's website
NYU Courant New York, NY 10012MS in Mathematics in Finance7Total Score83Peer Score3.7The New York University's MS in Mathematics in Finance program is offered by NYU’s Courant Institute of Mathematical Sciences. This three-semester program starts in the Fall semester.4.33 star(s)12 reviewsLeave a rating Tuition$75,000Enrollment24 FT, 4 PTAcceptance rate14.4%Employment RateAt Graduation80%After 3 months97%SalaryAverage salary*$142,252 Visit program's website
Columbia University New York, NY 10027MA in Mathematics of Finance9Total Score82Peer Score3.3The Master of Arts in Mathematical Finance (MAFN) program is offered jointly by the Department of Mathematics and Department of Statistics at Columbia University. The program can be completed in two or three semesters for full-time students.4.00 star(s)6 reviewsLeave a rating Tuition$94,850Enrollment105 FT, 3 PTAcceptance rate18.1%Employment RateAt Graduation76%After 3 months88%SalaryAverage salary*$123,894 Visit program's website
Massachusetts Institute of Technology Cambridge, MA 02139Master of Finance9Total Score82Peer Score3.1Established in 2008, the MIT Master in Finance (MFin) program is a 18-month, full-time program starting in the summer, offered by the Sloan School of Management.3.77 star(s)26 reviewsLeave a rating Tuition$121,009Enrollment127 FTAcceptance rate9.2%Employment RateAt Graduation82%After 3 months98%SalaryAverage salary*$140,123 Visit program's website
NYU Tandon School of Engineering Brooklyn, NY 11201MS in Financial Engineering11Total Score77Peer Score3.1The Master of Science in Financial Engieering (MSFE) program is offered by the Financial Risk Engineering (FRE) department of NYU Tandon School of Engineering. This 4-semester program starts in mid-August with the Pre-program bootcamp prior to the Fall semester.3.43 star(s)30 reviewsLeave a rating Tuition$78,433Enrollment146 FT, 1 PTAcceptance rate29.0%Employment RateAt Graduation71%After 3 months91%SalaryAverage salary*$114,967 Visit program's website
Georgia Institute of Technology Atlanta, GA 30332MS in Quantitative and Computational Finance12Total Score76Peer Score2.9The Master of Science in Quantitative and Computational Finance (QCF) program is an interdisciplinary educatiobetween the Scheller College of Business, H. Milton Steward School of Industrial & Systems Engineering and School of Mathematics.3.78 star(s)9 reviewsLeave a rating Tuition$60,228Enrollment71 FTAcceptance rate38.9%Employment RateAt Graduation91%After 3 months97%SalaryAverage salary*$131,490 Visit program's website
North Carolina State University Raleigh, NC 27695Master in Financial Mathematics12Total Score76Peer Score2.6North Carolina State University (NCSU) offers a three-semester Financial Mathematics program through its Department of Mathematics.4.46 star(s)26 reviewsLeave a rating Tuition$63,023Enrollment33 FTAcceptance rate16.7%Employment RateAt Graduation89%After 3 months100%SalaryAverage salary*$116,882 Visit program's website
University of California, Los Angeles Los Angeles, CA 90095Master of Financial Engineering12Total Score76Peer Score3.4Launched in 2009, the UCLA Master of Financial Engineering (MFE) program at the Anderson School of Management is a comprehensive one-year, full-time program starting each fall.4.43 star(s)42 reviewsLeave a rating Tuition$89,539Enrollment94 FTAcceptance rate35.5%Employment RateAt Graduation89%After 3 months94%SalaryAverage salary*$125,727 Visit program's website
Johns Hopkins University Baltimore, MD 21218Financial Mathematics MSE15Total Score66Peer Score2.4The Financial Mathematics program is offered by Johns Hopskins Whiting School of Engineering under their Department of Applied Mathematics and Statistics.4.56 star(s)9 reviewsLeave a rating Tuition$95,203Enrollment49 FTAcceptance rate35.5%Employment RateAt Graduation61%After 3 months100%SalaryAverage salary*$110,874 Visit program's website
University of Washington Seattle, WA 98195MS Computational Finance & Risk Management15Total Score66Peer Score2.8The Master of Computational Finance and Risk Management (CFRM) program is a degree offered in the University of Washington’s Department of Applied Mathematics.4.95 star(s)38 reviewsLeave a rating Tuition$47,570Enrollment52 FTAcceptance rate51.0%Employment RateAt Graduation74%After 3 months100%SalaryAverage salary*$105,261 Visit program's website
Rutgers University Newark, NJ 07102Master of Quantitative Finance17Total Score62Peer Score2.7The Rutgers Master of Quantitative Finance (MQF) program was founded in 2001 and is housed in Rutgers Business School. The program is three-semester and starts in fall semester.4.08 star(s)13 reviewsLeave a rating Tuition$76,224Enrollment55 FTAcceptance rate52.4%Employment RateAt Graduation57%After 3 months89%SalaryAverage salary*$106,520 Visit program's website
University of Illinois Urbana Champaign Urbana, IL 61801Master of Financial Engineering18Total Score58Peer Score2.7The University of Illinois Urbana-Champaign (UIUC) offers a Master of Science in Financial Engineering (MSFE) program through its Gies College of Business in collaboration with the Department of Mathematics and the Department of Statistics.4.51 star(s)39 reviewsLeave a rating Tuition$78,837Enrollment23 FTAcceptance rate61.5%Employment RateAt Graduation54%After 3 months92%SalaryAverage salary*$106,150 Visit program's website
Stevens Institute of Technology Hoboken, NJ 07030MS in Financial Engineering19Total Score57Peer Score2.4The Master in Financial Engineering (MFE) program is offered by Stevens School of Business. The three-semester program starts each fall semester.4.38 star(s)37 reviewsLeave a rating Tuition$54,332Enrollment16 FT, 4 PTAcceptance rate73.4%Employment RateAt Graduation45%After 3 months98%SalaryAverage salary*$114,483 Visit program's website
University of Minnesota Minneapolis, MN 55455Master of Financial Mathematics20Total Score55Peer Score2.2The program is offered by Minnesota Center for Financial and Actuarial Mathematics, a specialized center for quantitive finance within the School of Mathematics.4.71 star(s)41 reviewsLeave a rating Tuition$49,420Enrollment18 FT, 1 PTAcceptance rate86.4%Employment RateAt Graduation82%After 3 months91%SalaryAverage salary*$122,040 Visit program's website
Boston University Boston, MA 02215MS in Mathematical Finance and Financial Technology21Total Score49Peer Score2.7The three-semester program is offered by Boston University's Questrom School of Business.3.30 star(s)10 reviewsLeave a rating Tuition$97,226Enrollment106 FTAcceptance rate62.8%Employment RateAt Graduation54%After 3 months78%SalaryAverage salary*$109,098 Visit program's website
Fordham University New York, NY 10023MS in Quantitative Finance21Total Score49Peer Score2.2The Master of Science in Quantitative Finance (MSQF) program is offered by Fordham University's Gabelli School of Business. The three-semester program starts in the Fall.5.00 star(s)8 reviewsLeave a rating Tuition$89,309Enrollment23 FTAcceptance rate71.4%Employment RateAt Graduation46%After 3 months69%SalaryAverage salary*$103,640 Visit program's website
UC San Diego La Jolla, CA 92093Master of Quantitative Finance21Total Score49Peer Score2.1The UCSD Master in Finance (MFin) program is offered by the Rady School of Management.5.00 star(s)1 reviewsLeave a rating Tuition$76,128Enrollment146 FTAcceptance rate37.2%Employment RateAt Graduation24%After 3 months57%SalaryAverage salary*$81,935 Visit program's websiteRankProgramTotal ScorePeer Score% Employed at Graduation% Employed at 3 monthsSalaryCohort SizeTuition1Baruch College New York, NY 10010Master in Financial Engineering4.93 star(s)29 reviews1004.3100%100%$220,50024 FT, 4 PT$42,3952Princeton University Princeton, NJ 08544Master in Finance4.86 star(s)7 reviews974100%100%$240,61137 FT$125,7203Carnegie Mellon University New York, NY 10005 | Pittsburgh, PA 15213MS in Computational Finance4.64 star(s)45 reviews954.392%97%$160,33695 FT$97,0614University of California, Berkeley Berkeley, CA 94720Master of Financial Engineering4.45 star(s)38 reviews913.984%96%$173,75876 FT, 11 PT$80,4865Columbia University New York, NY 10027Masters in Financial Engineering3.30 star(s)10 reviews883.666%100%$154,175106 FT$88,6326University of Chicago Chicago, IL 60637MS in Financial Mathematics4.74 star(s)39 reviews853.690%98%$143,216127 FT, 6 PT$90,0137Cornell University Ithaca, NY 14850Master in Financial Engineering4.71 star(s)7 reviews833.475%95%$144,43353 FT$97,8067NYU Courant New York, NY 10012MS in Mathematics in Finance4.33 star(s)12 reviews833.780%97%$142,25224 FT, 4 PT$75,0009Columbia University New York, NY 10027MA in Mathematics of Finance4.00 star(s)6 reviews823.376%88%$123,894105 FT, 3 PT$94,8509Massachusetts Institute of Technology Cambridge, MA 02139Master of Finance3.77 star(s)26 reviews823.182%98%$140,123127 FT$121,00911NYU Tandon School of Engineering Brooklyn, NY 11201MS in Financial Engineering3.43 star(s)30 reviews773.171%91%$114,967146 FT, 1 PT$78,43312Georgia Institute of Technology Atlanta, GA 30332MS in Quantitative and Computational Finance3.78 star(s)9 reviews762.991%97%$131,49071 FT$60,22812North Carolina State University Raleigh, NC 27695Master in Financial Mathematics4.46 star(s)26 reviews762.689%100%$116,88233 FT$63,02312University of California, Los Angeles Los Angeles, CA 90095Master of Financial Engineering4.43 star(s)42 reviews763.489%94%$125,72794 FT$89,53915Johns Hopkins University Baltimore, MD 21218Financial Mathematics MSE4.56 star(s)9 reviews662.461%100%$110,87449 FT$95,20315University of Washington Seattle, WA 98195MS Computational Finance & Risk Management4.95 star(s)38 reviews662.874%100%$105,26152 FT$47,57017Rutgers University Newark, NJ 07102Master of Quantitative Finance4.08 star(s)13 reviews622.757%89%$106,52055 FT$76,22418University of Illinois Urbana Champaign Urbana, IL 61801Master of Financial Engineering4.51 star(s)39 reviews582.754%92%$106,15023 FT$78,83719Stevens Institute of Technology Hoboken, NJ 07030MS in Financial Engineering4.38 star(s)37 reviews572.445%98%$114,48316 FT, 4 PT$54,33220University of Minnesota Minneapolis, MN 55455Master of Financial Mathematics4.71 star(s)41 reviews552.282%91%$122,04018 FT, 1 PT$49,42021Boston University Boston, MA 02215MS in Mathematical Finance and Financial Technology3.30 star(s)10 reviews492.754%78%$109,098106 FT$97,22621Fordham University New York, NY 10023MS in Quantitative Finance5.00 star(s)8 reviews492.246%69%$103,64023 FT$89,30921UC San Diego La Jolla, CA 92093Master of Quantitative Finance5.00 star(s)1 reviews492.124%57%$81,935146 FT$76,128* Base + sign on bonus (US only)