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2012 QuantNet Ranking of Best MFE Programs

NEW YORK, September 19th, 2011 - The 2012 Quantnet ranking is the most comprehensive ranking to date of master programs in Financial Engineering (MFE), Mathematical Finance in North America. QuantNet surveyed program administrators, hiring managers to get the information used in the ranking.

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.

2012 Rankings Methodology
2024 2023 2022 2021 2020 2019
2018 2017 2016 2014 2012
RANK UNIVERSITY PROGRAM TUITION
1 Carnegie Mellon University
Pittsburgh, PA		 Computational Finance
More Info		 $73,800
(1.5 years)
2 Princeton University
Princeton, NJ		 Master in Finance
More Info		 $77,240
(2 years)
3 Columbia University
New York, NY		 Financial Engineering
More Info		 $52,992
(1 year)
4 New York University
New York, NY		 Mathematics in Finance
More Info		 $49,752
(1.5 years)
5 Baruch College, City University of New York
New York, NY		 Financial Engineering
More Info		 $32,040
$21,315 (resident)
(1.5 years)
6 Stanford University
Stanford, CA		 Financial Mathematics $53,400
(1 year)
6 University of California, Berkeley
Berkeley, CA		 Financial Engineering
More Info		 $54,950
(1 year)
8 Columbia University
New York, NY		 Mathematics of Finance
More Info		 $38,614
(1 year)
9 Cornell University
Ithaca, NY		 MEng, FE concentration
More Info		 $61,987
(1.5 years)
10 Massachusetts Institute of Technology
Cambridge, MA		 Master of Finance
More Info		 $73,800
(1 year)
10 University of California, Los Angeles
Los Angeles, CA		 Financial Engineering
More Info		 $51,500
(1 year)
12 Rutgers University
New Brunswick, NJ		 Mathematical Finance
More Info		 $49,648
$29,052 (resident)
(1.5 years)
12 University of Chicago
Chicago, IL		 Financial Mathematics
More Info		 $44,892
(1 year)
14 Georgia Institute of Technology
Atlanta, GA		 Quantitative and Computational Finance
More Info		 $50,313
$15,561 (resident)
(1.5 years)
14 University of Toronto
Toronto, Canada		 Mathematical Finance
More Info		 CAD 40,000
(1 year)
16 University of Michigan
Ann Arbor, MI		 Financial Engineering
More Info		 $61,002
$32,769 (resident)
(1.5 years)
17 Boston University
Boston, MA		 Mathematical Finance
More Info		 $58,971
(1.5 years)
17 NYU-Poly
Brooklyn, NY		 Financial Engineering
More Info		 $43,446
(1.5 years)
19 North Carolina State University
Raleigh, NC		 Financial Mathematics $39,764
$15,668 (resident)
(2 years)
20 Claremont Graduate University
Claremont, CA		 Financial Engineering
More Info		 $75,888
(1.5 years)
21 Illinois Institute of Technology
Chicago, IL		 Mathematical Finance
More Info		 $49,104
(2 years)
22 Kent State University
Kent, OH		 Financial Engineering* $32,070
$21,552 (resident)
(1 year)
*Discontinued as of 2012.
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