2016 QuantNet Ranking of Best Financial Engineering Programs

Ranked by QuantNet in October 2015. The most comprehensive 2016 ranking of best Financial Engineering (MFE), Mathematical Finance programs in North America.

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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.

Carnegie Mellon University - MS in Computational Finance

Carnegie Mellon University

New York, NY 10005 | Pittsburgh, PA 15213 MS in Computational Finance
1
Total Score
100
Peer Score
4.2
The 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 reviews
Add application (773)
Admission
Tuition
$80,400
Enrollment
98 FT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
Baruch College - Master in Financial Engineering

Baruch College

New York, NY 10010 Master in Financial Engineering
2
Total Score
98
Peer Score
3.9
The 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 reviews
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Admission
Tuition
$35,040
Enrollment
36 FT, 7 PT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
Columbia University - Masters in Financial Engineering

Columbia University

2
Total Score
98
Peer Score
4.1
Launched 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.
3.18 star(s) 11 reviews
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Admission
Tuition
$61,560
Enrollment
80 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
University of California, Berkeley - Master of Financial Engineering

University of California, Berkeley

Berkeley, CA 94720 Master of Financial Engineering
2
Total Score
98
Peer Score
4.1
The 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.
4.49 star(s) 37 reviews
Add application (367)
Admission
Tuition
$63,540
Enrollment
68 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
New York University - MS in Mathematics in Finance

New York University

New York, NY 10012 MS in Mathematics in Finance
5
Total Score
97
Peer Score
3.9
The 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 reviews
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Admission
Tuition
$58,000
Enrollment
30 FT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
Princeton University - Master in Finance

Princeton University

Princeton, NJ 08544 Master in Finance
5
The 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 reviews
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Admission
Tuition
$90,700
Enrollment
26 FT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
Columbia University - MA in Mathematics of Finance

Columbia University

New York, NY 10027 MA in Mathematics of Finance
7
Total Score
93
Peer Score
3.5
The 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 reviews
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Admission
Tuition
$60,332
Enrollment
97 FT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
Cornell University - Master in Financial Engineering

Cornell University

8
Total Score
87
Peer Score
3.4
The 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 reviews
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Admission
Tuition
$74,000
Enrollment
93 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
Massachusetts Institute of Technology - Master of Finance

Massachusetts Institute of Technology

Cambridge, MA 02139 Master of Finance
9
Total Score
85
Peer Score
3.8
Established 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 reviews
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Admission
Tuition
$100,350
Enrollment
121 FT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
University of Chicago - MS in Financial Mathematics

University of Chicago

Chicago, IL 60637 MS in Financial Mathematics
9
Total Score
85
Peer Score
3.5
The 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.
4.75 star(s) 40 reviews
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Admission
Tuition
$81,216
Enrollment
75 FT, 4 PT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
University of Toronto - Master of Mathematical Finance

University of Toronto

9
Total Score
85
Peer Score
3.1
4.33 star(s) 6 reviews
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Admission
Tuition
C$43,000
Enrollment
30 FT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
Boston University - MS in Mathematical Finance and Financial Technology

Boston University

12
Total Score
83
Peer Score
2.9
The three-semester program is offered by Boston University's Questrom School of Business.
3.30 star(s) 10 reviews
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Admission
Tuition
$71,133
Enrollment
70 FT
Acceptance rate
Average GPA
Employment Rate
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After 3 months
Salary
Average salary*
University of California, Los Angeles - Master of Financial Engineering

University of California, Los Angeles

Los Angeles, CA 90095 Master of Financial Engineering
12
Total Score
83
Peer Score
3.2
Launched in 2009, the UCLA Master of Financial Engineering (MFE) program at the Anderson School of Management is a comprehensive 15-months, quarter-based full-time program starting each fall.
4.43 star(s) 42 reviews
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Admission
Tuition
$57,268
Enrollment
66 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
University of Washington - MS Computational Finance & Risk Management

University of Washington

14
Total Score
81
Peer Score
2.6
The 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) 40 reviews
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Admission
Tuition
$37,800
Enrollment
70 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
University of Waterloo - Master of Quantitative Finance

University of Waterloo

14
Total Score
81
Peer Score
2.7
3.33 star(s) 3 reviews
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Admission
Tuition
C$13,500
Enrollment
20 FT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
C$83,600
Georgia Institute of Technology - MS in Quantitative and Computational Finance

Georgia Institute of Technology

16
Total Score
79
Peer Score
2.8
The 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 reviews
Add application (336)
Admission
Tuition
$56,067
Enrollment
51 FT
Acceptance rate
Employment Rate
At Graduation
71%
After 3 months
95%
Salary
Average salary*
$71,766
NYU Tandon School of Engineering - MS in Financial Engineering

NYU Tandon School of Engineering

Brooklyn, NY 11201 MS in Financial Engineering
16
Total Score
79
Peer Score
2.7
The 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 reviews
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Admission
Tuition
$54,818
Enrollment
115 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
Rutgers University - Master of Quantitative Finance

Rutgers University

18
Total Score
77
Peer Score
2.6
The 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 reviews
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Admission
Tuition
$56,160
Enrollment
58 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
$85,727
Rutgers University - MS in Mathematical Finance

Rutgers University

Piscataway, NJ 08854 MS in Mathematical Finance
18
Total Score
72
Peer Score
2.6
4.13 star(s) 8 reviews
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Admission
Tuition
$54,000
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
University of Illinois Urbana Champaign - Master of Financial Engineering

University of Illinois Urbana Champaign

20
Total Score
76
Peer Score
2.7
The 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 reviews
Add application (158)
Admission
Tuition
$55,500
Enrollment
68 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
$85,000
Fordham University - MS in Quantitative Finance

Fordham University

New York, NY 10023 MS in Quantitative Finance
21
Total Score
75
Peer Score
2.3
The 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) 11 reviews
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Admission
Tuition
$50,875
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
University of Minnesota - Master of Financial Mathematics

University of Minnesota

Minneapolis, MN 55455 Master of Financial Mathematics
22
Total Score
73
Peer Score
2.7
The 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 reviews
Add application (36)
Admission
Tuition
$36,800
Enrollment
38 FT
Acceptance rate
Employment Rate
At Graduation
60%
After 3 months
79%
Salary
Average salary*
$70,000
Johns Hopkins University - Financial Mathematics MSE

Johns Hopkins University

Baltimore, MD 21218 Financial Mathematics MSE
23
Total Score
70
Peer Score
2.7
The 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 reviews
Add application (108)
Admission
Tuition
$73,065
Enrollment
35 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
60%
After 3 months
88%
Salary
Average salary*
University of North Carolina at Charlotte - MS in Mathematical Finance

University of North Carolina at Charlotte

Charlotte, NC 28223 MS in Mathematical Finance
24
Total Score
69
Peer Score
2.2
4.60 star(s) 10 reviews
Add application (22)
Admission
Tuition
$36,825
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
$82,781
Admission
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
Admission
Tuition
$48,100
Enrollment
45 FT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
$70,055
North Carolina State University - Master in Financial Mathematics

North Carolina State University

27
Total Score
61
Peer Score
2.4
North Carolina State University (NCSU) offers a three-semester Financial Mathematics program through its Department of Mathematics.
4.48 star(s) 27 reviews
Add application (97)
Admission
Tuition
$45,484
Enrollment
53 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
University of Southern California - MS in Financial Engineering

University of Southern California

Los Angeles, CA 90089 MS in Financial Engineering
28
Total Score
60
Peer Score
2.4
2.00 star(s) 2 reviews
Add application (85)
Admission
Tuition
$48,000
Enrollment
50 FT
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
Illinois Institute of Technology - Master in Mathematical Finance

Illinois Institute of Technology

Chicago, IL 60616 Master in Mathematical Finance
29
Total Score
57
Peer Score
2.3
4.33 star(s) 6 reviews
Add application (23)
Admission
Tuition
$55,275
Enrollment
20 FT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
Stevens Institute of Technology - MS in Financial Engineering

Stevens Institute of Technology

Hoboken, NJ 07030 MS in Financial Engineering
30
Total Score
44
Peer Score
2.3
The Master in Financial Engineering (MFE) program is offered by Stevens School of Business. The three-semester program starts each fall semester.
4.52 star(s) 48 reviews
Add application (53)
Admission
Tuition
$42,825
Enrollment
205 FT
Acceptance rate
Employment Rate
At Graduation
After 3 months
Salary
Average salary*
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