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.
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
New York, NY 10005 | Pittsburgh, PA 15213
MS in Computational Finance
1
- Total Score
- 100
- Peer Score
- 4.2
Columbia University
New York, NY 10027
Masters in Financial Engineering
2
- Total Score
- 98
- Peer Score
- 4.1
University of California, Berkeley
Berkeley, CA 94720
Master of Financial Engineering
2
- Total Score
- 98
- Peer Score
- 4.1
Massachusetts Institute of Technology
Cambridge, MA 02139
Master of Finance
9
- Total Score
- 85
- Peer Score
- 3.8
University of Toronto
Toronto, Canada
Master of Mathematical Finance
9
- Total Score
- 85
- Peer Score
- 3.1
Boston University
Boston, MA 02215
MS in Mathematical Finance and Financial Technology
12
- Total Score
- 83
- Peer Score
- 2.9
University of California, Los Angeles
Los Angeles, CA 90095
Master of Financial Engineering
12
- Total Score
- 83
- Peer Score
- 3.2
University of Washington
Seattle, WA 98195
MS Computational Finance & Risk Management
14
- Total Score
- 81
- Peer Score
- 2.6
University of Waterloo
Waterloo, Canada
Master of Quantitative Finance
14
- Total Score
- 81
- Peer Score
- 2.7
Georgia Institute of Technology
Atlanta, GA 30332
MS in Quantitative and Computational Finance
16
- Total Score
- 79
- Peer Score
- 2.8
NYU Tandon School of Engineering
Brooklyn, NY 11201
MS in Financial Engineering
16
- Total Score
- 79
- Peer Score
- 2.7
University of Illinois Urbana Champaign
Urbana, IL 61801
Master of Financial Engineering
20
- Total Score
- 76
- Peer Score
- 2.7
University of Minnesota
Minneapolis, MN 55455
Master of Financial Mathematics
22
- Total Score
- 73
- Peer Score
- 2.7
Johns Hopkins University
Baltimore, MD 21218
Financial Mathematics MSE
23
- Total Score
- 70
- Peer Score
- 2.7
University of North Carolina at Charlotte
Charlotte, NC 28223
MS in Mathematical Finance
24
- Total Score
- 69
- Peer Score
- 2.2
Rensselaer Polytechnic Institute
Troy, NY 12180
MS in Quantitative Finance and Risk Analytics
26
- Total Score
- 63
- Peer Score
- 25.0
North Carolina State University
Raleigh, NC 27695
Master in Financial Mathematics
27
- Total Score
- 61
- Peer Score
- 2.4
University of Southern California
Los Angeles, CA 90089
MS in Financial Engineering
28
- Total Score
- 60
- Peer Score
- 2.4
Illinois Institute of Technology
Chicago, IL 60616
Master in Mathematical Finance
29
- Total Score
- 57
- Peer Score
- 2.3
Stevens Institute of Technology
Hoboken, NJ 07030
MS in Financial Engineering
30
- Total Score
- 44
- Peer Score
- 2.3
| Rank | Program | Total Score | Peer Score | % Employed at Graduation | % Employed at 3 months | % Employed in the US | Compensation | Cohort Size | Acceptance Rate | Tuition |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
Carnegie Mellon University
|
100 | 4.2 | 62% | 81% | $92,194 | 98 FT | 15.7% | $80,400 | |
| 2 |
Baruch College
|
98 | 3.9 | 86% | 100% | $96,000 | 36 FT, 7 PT | 7.9% | $35,040 | |
| 2 |
Columbia University
|
98 | 4.1 | $90,000 | 80 FT | 10.0% | $61,560 | |||
| 2 |
University of California, Berkeley
|
98 | 4.1 | 68 FT | 18.6% | $63,540 | ||||
| 5 |
New York University
|
97 | 3.9 | 30 FT | 9.0% | $58,000 | ||||
| 5 |
Princeton University
|
93% | 97% | $110,000 | 26 FT | 4.9% | $90,700 | |||
| 7 |
Columbia University
|
93 | 3.5 | 97 FT | 14.1% | $60,332 | ||||
| 8 |
Cornell University
|
87 | 3.4 | $84,000 | 93 FT | 24.0% | $74,000 | |||
| 9 |
Massachusetts Institute of Technology
|
85 | 3.8 | 60% | 81% | $75,255 | 121 FT | 10.0% | $100,350 | |
| 9 |
University of Chicago
|
85 | 3.5 | 63% | 89% | $106,143 | 75 FT, 4 PT | 26.1% | $81,216 | |
| 9 |
University of Toronto
|
85 | 3.1 | 30 FT | 12.0% | C$43,000 | ||||
| 12 |
Boston University
|
83 | 2.9 | 70 FT | 19.0% | $71,133 | ||||
| 12 |
University of California, Los Angeles
|
83 | 3.2 | 66 FT | 13.8% | $57,268 | ||||
| 14 |
University of Washington
|
81 | 2.6 | 70 FT | 22.1% | $37,800 | ||||
| 14 |
University of Waterloo
|
81 | 2.7 | C$83,600 | 20 FT | 15.0% | C$13,500 | |||
| 16 |
Georgia Institute of Technology
|
79 | 2.8 | 71% | 95% | $71,766 | 51 FT | 16.2% | $56,067 | |
| 16 |
NYU Tandon School of Engineering
|
79 | 2.7 | 115 FT | 32.0% | $54,818 | ||||
| 18 |
Rutgers University
|
77 | 2.6 | $85,727 | 58 FT | 35.1% | $56,160 | |||
| 18 |
Rutgers University
|
72 | 2.6 | $54,000 | ||||||
| 20 |
University of Illinois Urbana Champaign
|
76 | 2.7 | $85,000 | 68 FT | 35.6% | $55,500 | |||
| 21 |
Fordham University
|
75 | 2.3 | 69% | 83% | $83,000 | $50,875 | |||
| 22 |
University of Minnesota
|
73 | 2.7 | 60% | 79% | $70,000 | 38 FT | 24.2% | $36,800 | |
| 23 |
Johns Hopkins University
|
70 | 2.7 | 60% | 88% | 35 FT | 14.9% | $73,065 | ||
| 24 |
University of North Carolina at Charlotte
|
69 | 2.2 | $82,781 | 61.7% | $36,825 | ||||
| 25 |
Claremont Graduate University
|
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| 26 |
Rensselaer Polytechnic Institute
|
63 | 25.0 | $70,055 | 45 FT | 33.0% | $48,100 | |||
| 27 |
North Carolina State University
|
61 | 2.4 | 88% | 88% | $82,000 | 53 FT | 23.0% | $45,484 | |
| 28 |
University of Southern California
|
60 | 2.4 | 50 FT | $48,000 | |||||
| 29 |
Illinois Institute of Technology
|
57 | 2.3 | 20 FT | 47.9% | $55,275 | ||||
| 30 |
Stevens Institute of Technology
|
44 | 2.3 | 205 FT | 80.1% | $42,825 |