2019 QuantNet Ranking of Best Financial Engineering Programs
The 2019 QuantNet MFE ranking is the most authoritative and comprehensive ranking of best Financial Engineering (MFE), Mathematical Finance programs in the continental USA.
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
- $42,395
- Enrollment
- 35 FT, 5 PT
- At Graduation
- 97%
- Average salary*
- $109,339
University of California, Berkeley
Berkeley, CA 94720
Master of Financial Engineering
2
- Total Score
- 99
- Peer Score
- 4.2
Carnegie Mellon University
New York, NY 10005 | Pittsburgh, PA 15213
MS in Computational Finance
4
- Total Score
- 98
- Peer Score
- 4.4
Columbia University
New York, NY 10027
Masters in Financial Engineering
4
- Total Score
- 98
- Peer Score
- 3.9
- Tuition
- $72,000
- Enrollment
- 39 FT, 13 PT
- At Graduation
- 86%
- Average salary*
- $99,000
- Tuition
- $72,505
- Enrollment
- 106 FT, 5 PT
- At Graduation
- 37%
- Average salary*
- $95,217
Massachusetts Institute of Technology
Cambridge, MA 02139
Master of Finance
9
- Total Score
- 84
- Peer Score
- 3.6
NYU Tandon School of Engineering
Brooklyn, NY 11201
MS in Financial Engineering
9
- Total Score
- 84
- Peer Score
- 3.4
University of California, Los Angeles
Los Angeles, CA 90095
Master of Financial Engineering
11
- Total Score
- 82
- Peer Score
- 2.3
University of Chicago
Chicago, IL 60637
MS in Financial Mathematics
11
- Total Score
- 82
- Peer Score
- 3.3
- Tuition
- $82,698
- Enrollment
- 82 FT, 7 PT
- At Graduation
- 71%
- Average salary*
- $84,529
Georgia Institute of Technology
Atlanta, GA 30332
MS in Quantitative and Computational Finance
13
- Total Score
- 81
- Peer Score
- 2.9
- Tuition
- $61,135
- Enrollment
- 53 FT, 1 PT
- At Graduation
- 71%
- Average salary*
- $88,160
Boston University
Boston, MA 02215
MS in Mathematical Finance and Financial Technology
14
- Total Score
- 79
- Peer Score
- 3.0
North Carolina State University
Raleigh, NC 27695
Master in Financial Mathematics
16
- Total Score
- 76
- Peer Score
- 2.3
University of Washington
Seattle, WA 98195
MS Computational Finance & Risk Management
16
- Total Score
- 76
- Peer Score
- 3.0
- Tuition
- $40,950
- Enrollment
- 24 FT, 22 PT
- At Graduation
- 36%
- Average salary*
- $84,000
Illinois Institute of Technology
Chicago, IL 60616
Master in Mathematical Finance
19
- Total Score
- 72
- Peer Score
- 2.5
- Tuition
- $57,100
- Enrollment
- 44 FT, 1 PT
- At Graduation
- 61%
- Average salary*
- $72,291
Johns Hopkins University
Baltimore, MD 21218
Financial Mathematics MSE
21
- Total Score
- 69
- Peer Score
- 2.6
University of Illinois Urbana Champaign
Urbana, IL 61801
Master of Financial Engineering
22
- Total Score
- 67
- Peer Score
- 2.6
University of Minnesota
Minneapolis, MN 55455
Master of Financial Mathematics
23
- Total Score
- 66
- Peer Score
- 2.8
- Tuition
- $40,224
- Enrollment
- 27 FT, 3 PT
- At Graduation
- 58%
- Average salary*
- $75,000
Stevens Institute of Technology
Hoboken, NJ 07030
MS in Financial Engineering
24
- Total Score
- 62
- Peer Score
- 2.2
- Tuition
- $47,270
- Enrollment
- 47 FT, 7 PT
- At Graduation
- 32%
- Average salary*
- $74,211
Rensselaer Polytechnic Institute
Troy, NY 12180
MS in Quantitative Finance and Risk Analytics
25
- Total Score
- 60
- Peer Score
- 2.1
University of North Carolina at Charlotte
Charlotte, NC 28223
MS in Mathematical Finance
26
- Total Score
- 48
- Peer Score
- 2.3
- Tuition
- $40,505
- Enrollment
- 33 FT, 8 PT
- At Graduation
- 19%
- Average salary*
- $64,149
Claremont Graduate University
Claremont, CA 91711
MS in Financial Engineering
27
- Total Score
- 38
- Peer Score
- 2.2
| Rank | Program | Total Score | Peer Score | % Employed at Graduation | % Employed at 3 months | Salary | Cohort Size | Tuition |
|---|---|---|---|---|---|---|---|---|
| 1 |
Princeton University
|
100 | 3.9 | 100% | 100% | $120,000 | 25 FT | $102,500 |
| 2 |
Baruch College
|
99 | 4.0 | 97% | 97% | $109,339 | 35 FT, 5 PT | $42,395 |
| 2 |
University of California, Berkeley
|
99 | 4.2 | 80% | 94% | $118,322 | 79 FT | $70,796 |
| 4 |
Carnegie Mellon University
|
98 | 4.4 | 71% | 90% | $106,222 | 97 FT | $86,339 |
| 4 |
Columbia University
|
98 | 3.9 | 83% | 100% | $104,656 | 120 FT | $72,648 |
| 4 |
New York University
|
98 | 4.0 | 86% | 100% | $99,000 | 39 FT, 13 PT | $72,000 |
| 7 |
Cornell University
|
90 | 3.7 | 68% | 87% | $93,000 | 56 FT | $78,000 |
| 8 |
Columbia University
|
85 | 3.6 | 37% | 86% | $95,217 | 106 FT, 5 PT | $72,505 |
| 9 |
Massachusetts Institute of Technology
|
84 | 3.6 | 68% | 75% | $78,098 | 111 FT | $105,968 |
| 9 |
NYU Tandon School of Engineering
|
84 | 3.4 | 75% | 87% | $91,000 | 110 FT | $63,403 |
| 11 |
University of California, Los Angeles
|
82 | 2.3 | 46% | 85% | $99,200 | 84 FT | $75,816 |
| 11 |
University of Chicago
|
82 | 3.3 | 71% | 86% | $84,529 | 82 FT, 7 PT | $82,698 |
| 13 |
Georgia Institute of Technology
|
81 | 2.9 | 71% | 93% | $88,160 | 53 FT, 1 PT | $61,135 |
| 14 |
Boston University
|
79 | 3.0 | 66% | 97% | $81,878 | 118 FT | $79,224 |
| 15 |
Fordham University
|
78 | 2.4 | 75% | 90% | $96,970 | 64 FT | $60,000 |
| 16 |
North Carolina State University
|
76 | 2.3 | 86% | 100% | $84,893 | 21 FT | $56,974 |
| 16 |
University of Washington
|
76 | 3.0 | 36% | 100% | $84,000 | 24 FT, 22 PT | $40,950 |
| 18 |
Rutgers University
|
75 | 2.7 | 59% | 93% | $85,800 | 52 FT | $61,532 |
| 19 |
Illinois Institute of Technology
|
72 | 2.5 | 50% | 94% | $91,000 | 10 FT | $59,376 |
| 20 |
Rutgers University
|
70 | 2.8 | 61% | 89% | $72,291 | 44 FT, 1 PT | $57,100 |
| 21 |
Johns Hopkins University
|
69 | 2.6 | 23% | 65% | $87,450 | 46 FT | $80,610 |
| 22 |
University of Illinois Urbana Champaign
|
67 | 2.6 | 32% | 67% | $87,500 | 68 FT | $74,550 |
| 23 |
University of Minnesota
|
66 | 2.8 | 58% | 71% | $75,000 | 27 FT, 3 PT | $40,224 |
| 24 |
Stevens Institute of Technology
|
62 | 2.2 | 32% | 79% | $74,211 | 47 FT, 7 PT | $47,270 |
| 25 |
Rensselaer Polytechnic Institute
|
60 | 2.1 | 32% | 50% | $89,500 | 70 FT | $55,440 |
| 26 |
University of North Carolina at Charlotte
|
48 | 2.3 | 19% | 29% | $64,149 | 33 FT, 8 PT | $40,505 |
| 27 |
Claremont Graduate University
|
38 | 2.2 | 11% | 11% | $62,333 | 14 FT | $77,600 |
| NR |
Florida State University
|
2.6 | 43% | 43% | 13 FT, 1 PT | $22,214 | ||
| NR |
Hofstra University
|
1.9 | 13% | 13% | 5 FT, 1 PT | $45,375 | ||
| NR |
Stony Brook University
|
2.3 | 24% | 53% | 10 FT, 2 PT | $41,084 | ||
| NR |
University of Connecticut
|
2.4 | 21 FT | $57,183 | ||||
| NR |
University of Dayton
|
1.8 | 4 FT | $32,715 | ||||
| NR |
Worcester Polytechnic Institute
|
2.2 | 93% | 100% | 5 FT | $45,000 |