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2018 QuantNet Ranking of Best Financial Engineering Programs
Ranked by QuantNet in Dec 2017. The most comprehensive 2018 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.
- Tuition
- $35,040
- Enrollment
- 36 FT, 4 PT
- Acceptance rate
- 7.1%
- At Graduation
- 94%
- Average salary*
- $110,000
University of California, Berkeley
Berkeley, CA 94720
Master of Financial Engineering
1
- Total Score
- 100
- Peer Score
- 4.2
Carnegie Mellon University
New York, NY 10005 | Pittsburgh, PA 15213
MS in Computational Finance
3
- Total Score
- 98
- Peer Score
- 4.3
Columbia University
New York, NY 10027
Masters in Financial Engineering
3
- Total Score
- 98
- Peer Score
- 3.9
- Tuition
- $70,000
- Enrollment
- 41 FT, 9 PT
- Acceptance rate
- 10.2%
- At Graduation
- 81%
- Average salary*
- $97,000
- Tuition
- $66,520
- Enrollment
- 97 FT, 3 PT
- Acceptance rate
- 14.8%
- At Graduation
- 59%
- Average salary*
- $92,091
- Tuition
- $81,358
- Enrollment
- 75 FT, 2 PT
- Acceptance rate
- 22.0%
- At Graduation
- 71%
- Average salary*
- $86,250
Georgia Institute of Technology
Atlanta, GA 30332
MS in Quantitative and Computational Finance
10
- Total Score
- 87
- Peer Score
- 3.1
University of Washington
Seattle, WA 98195
MS Computational Finance & Risk Management
11
- Total Score
- 83
- Peer Score
- 3.1
- Tuition
- $40,950
- Enrollment
- 32 FT, 18 PT
- Acceptance rate
- 12.1%
- At Graduation
- 95%
- Average salary*
- $86,500
Massachusetts Institute of Technology
Cambridge, MA 02139
Master of Finance
12
- Total Score
- 82
- Peer Score
- 3.5
NYU Tandon School of Engineering
Brooklyn, NY 11201
MS in Financial Engineering
12
- Total Score
- 83
- Peer Score
- 3.3
- Tuition
- $59,697
- Enrollment
- 162 FT, 1 PT
- Acceptance rate
- 26.8%
- At Graduation
- 43%
- Average salary*
- $84,000
University of California, Los Angeles
Los Angeles, CA 90095
Master of Financial Engineering
12
- Total Score
- 82
- Peer Score
- 3.4
University of Toronto
Toronto, Canada
Master of Mathematical Finance
12
- Total Score
- 82
- Peer Score
- 3.4
Boston University
Boston, MA 02215
MS in Mathematical Finance and Financial Technology
16
- Total Score
- 81
- Peer Score
- 3.1
University of Waterloo
Waterloo, Canada
Master of Quantitative Finance
18
- Total Score
- 80
- Peer Score
- 3
North Carolina State University
Raleigh, NC 27695
Master in Financial Mathematics
20
- Total Score
- 76
- Peer Score
- 2.6
Illinois Institute of Technology
Chicago, IL 60616
Master in Mathematical Finance
21
- Total Score
- 74
- Peer Score
- 2.7
University of Illinois Urbana Champaign
Urbana, IL 61801
Master of Financial Engineering
22
- Total Score
- 72
- Peer Score
- 2.7
- Tuition
- $56,938
- Enrollment
- 46 FT, 3 PT
- Acceptance rate
- 29.2%
- At Graduation
- 35%
- Average salary*
- $66,230
University of Minnesota
Minneapolis, MN 55455
Master of Financial Mathematics
23
- Total Score
- 67
- Peer Score
- 2.8
- Tuition
- $39,040
- Enrollment
- 31 FT, 5 PT
- Acceptance rate
- 26.0%
- At Graduation
- 39%
- Average salary*
- $74,000
University of North Carolina at Charlotte
Charlotte, NC 28223
MS in Mathematical Finance
25
- Total Score
- 64
- Peer Score
- 2.4
- Tuition
- $40,398
- Enrollment
- 44 FT, 6 PT
- Acceptance rate
- 68.5%
- At Graduation
- 53%
- Average salary*
- $86,000
Rensselaer Polytechnic Institute
Troy, NY 12180
MS in Quantitative Finance and Risk Analytics
26
- Total Score
- 55
- Peer Score
- 2.4
Claremont Graduate University
Claremont, CA 91711
MS in Financial Engineering
27
- Total Score
- 50
- Peer Score
- 2.5
| Rank | Program | Total Score | Peer Score | % Employed at Graduation | % Employed at 3 months | Salary | Cohort Size | Tuition |
|---|---|---|---|---|---|---|---|---|
| 1 |
Baruch College
|
100 | 4.1 | 94% | 100% | $110,000 | 36 FT, 4 PT | $35,040 |
| 1 |
University of California, Berkeley
|
100 | 4.2 | 84% | 96% | $108,286 | 68 FT | $68,725 |
| 3 |
Carnegie Mellon University
|
98 | 4.3 | 68% | 85% | $100,939 | 97 FT | $83,100 |
| 3 |
Columbia University
|
98 | 3.9 | 97% | 100% | $93,000 | 99 FT | $69,696 |
| 5 |
Princeton University
|
97 | 3.7 | 100% | 100% | $115,000 | 29 FT | $98,600 |
| 6 |
New York University
|
93 | 4 | 81% | 100% | $97,000 | 41 FT, 9 PT | $70,000 |
| 7 |
Columbia University
|
90 | 3.6 | 59% | 89% | $92,091 | 97 FT, 3 PT | $66,520 |
| 7 |
Cornell University
|
90 | 3.9 | 61% | 85% | $90,000 | 59 FT | $78,900 |
| 9 |
University of Chicago
|
88 | 3.4 | 71% | 97% | $86,250 | 75 FT, 2 PT | $81,358 |
| 10 |
Georgia Institute of Technology
|
87 | 3.1 | 80% | 100% | $90,929 | 46 FT | $57,111 |
| 11 |
University of Washington
|
83 | 3.1 | 95% | 95% | $86,500 | 32 FT, 18 PT | $40,950 |
| 12 |
Massachusetts Institute of Technology
|
82 | 3.5 | 64% | 78% | $84,164 | 119 FT | $103,850 |
| 12 |
NYU Tandon School of Engineering
|
83 | 3.3 | 43% | 76% | $84,000 | 162 FT, 1 PT | $59,697 |
| 12 |
University of California, Los Angeles
|
82 | 3.4 | 52% | 79% | $90,000 | 88 FT | $73,608 |
| 12 |
University of Toronto
|
82 | 3.4 | 74% | 89% | C$85,000 | 30 FT | C$48,000 |
| 16 |
Boston University
|
81 | 3.1 | 68% | 96% | $80,200 | 117 FT | $76,500 |
| 16 |
Rutgers University
|
81 | 2.8 | 74% | 88% | $92,500 | 59 FT | $60,149 |
| 18 |
Fordham University
|
80 | 2.6 | 78% | 89% | $97,000 | 68 FT | $60,000 |
| 18 |
University of Waterloo
|
80 | 3 | 64% | 86% | C$85,700 | 10 FT | |
| 20 |
North Carolina State University
|
76 | 2.6 | 83% | 94% | $87,500 | 26 FT | $50,949 |
| 21 |
Illinois Institute of Technology
|
74 | 2.7 | 45% | 90% | $90,000 | 21 FT | $56,925 |
| 22 |
University of Illinois Urbana Champaign
|
72 | 2.7 | 34% | 68% | $87,500 | 65 FT | $67,200 |
| 23 |
Rutgers University
|
67 | 2.7 | 35% | 70% | $66,230 | 46 FT, 3 PT | $56,938 |
| 23 |
University of Minnesota
|
67 | 2.8 | 39% | 74% | $74,000 | 31 FT, 5 PT | $39,040 |
| 25 |
University of North Carolina at Charlotte
|
64 | 2.4 | 53% | 61% | $86,000 | 44 FT, 6 PT | $40,398 |
| 26 |
Rensselaer Polytechnic Institute
|
55 | 2.4 | 18% | 35% | $66,111 | 45 FT | $51,000 |
| 27 |
Claremont Graduate University
|
50 | 2.5 | 30% | 40% | $70,000 | 15 FT | $76,080 |
| NR |
Johns Hopkins University
|
2.7 | 67% | 85% | 30 FT | $78,255 |