2020 QuantNet Ranking of Best Financial Engineering Programs
The 2020 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.
Carnegie Mellon University
New York, NY 10005 | Pittsburgh, PA 15213
MS in Computational Finance
3
- Total Score
- 98
- Peer Score
- 4.4
Columbia University
New York, NY 10027
Masters in Financial Engineering
3
- Total Score
- 98
- Peer Score
- 3.8
University of California, Berkeley
Berkeley, CA 94720
Master of Financial Engineering
5
- Total Score
- 94
- Peer Score
- 4.0
- Tuition
- $73,000
- Enrollment
- 46 FT, 3 PT
- At Graduation
- 60%
- Base
- $115,000
NYU Tandon School of Engineering
Brooklyn, NY 11201
MS in Financial Engineering
9
- Total Score
- 87
- Peer Score
- 3.3
Massachusetts Institute of Technology
Cambridge, MA 02139
Master of Finance
10
- Total Score
- 83
- Peer Score
- 3.5
Georgia Institute of Technology
Atlanta, GA 30332
MS in Quantitative and Computational Finance
11
- Total Score
- 81
- Peer Score
- 3.0
University of Chicago
Chicago, IL 60637
MS in Financial Mathematics
12
- Total Score
- 80
- Peer Score
- 3.3
North Carolina State University
Raleigh, NC 27695
Master in Financial Mathematics
13
- Total Score
- 76
- Peer Score
- 2.2
University of California, Los Angeles
Los Angeles, CA 90095
Master of Financial Engineering
13
- Total Score
- 76
- Peer Score
- 3.4
University of Washington
Seattle, WA 98195
MS Computational Finance & Risk Management
15
- Total Score
- 74
- Peer Score
- 3.0
Johns Hopkins University
Baltimore, MD 21218
Financial Mathematics MSE
17
- Total Score
- 71
- Peer Score
- 2.7
Boston University
Boston, MA 02215
MS in Mathematical Finance and Financial Technology
18
- Total Score
- 68
- Peer Score
- 3.1
Stony Brook University
Stony Brook, NY 11794
Master in Quantitative Finance
20
- Total Score
- 59
- Peer Score
- 2.6
University of Minnesota
Minneapolis, MN 55455
Master of Financial Mathematics
21
- Total Score
- 56
- Peer Score
- 2.8
Stevens Institute of Technology
Hoboken, NJ 07030
MS in Financial Engineering
22
- Total Score
- 55
- Peer Score
- 2.5
Rensselaer Polytechnic Institute
Troy, NY 12180
MS in Quantitative Finance and Risk Analytics
23
- Total Score
- 54
- Peer Score
- 2.3
Claremont Graduate University
Claremont, CA 91711
MS in Financial Engineering
24
- Total Score
- 46
- Peer Score
- 2.1
Illinois Institute of Technology
Chicago, IL 60616
Master in Mathematical Finance
25
- Total Score
- 42
- Peer Score
- 2.5
University of Illinois Urbana Champaign
Urbana, IL 61801
Master of Financial Engineering
NR
- Peer Score
- 2.7
University of Michigan
Ann Arbor, MI 48109
MS in Quantitative Finance and Risk Management
NR
- Peer Score
- 2.7
University of North Carolina at Charlotte
Charlotte, NC 28223
MS in Mathematical Finance
NR
- Peer Score
- 2.4
University of Southern California
Los Angeles, CA 90007
MS in Mathematical Finance
NR
- Peer Score
- 2.0
| Rank | Program | Total Score | Peer Score | % Employed at Graduation | % Employed at 3 months | % Employed in the US | Compensation | Cohort Size | Acceptance Rate | Tuition |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
Princeton University
|
100 | 4.0 | 100% | 100% | $155,571 | 29 FT | 7.1% | $107,540 | |
| 2 |
Baruch College
|
99 | 4.0 | 87% | 95% | $127,883 | 29 FT, 1 PT | 8.7% | $42,395 | |
| 3 |
Carnegie Mellon University
|
98 | 4.4 | 78% | 93% | $117,775 | 98 FT | 20.2% | $86,820 | |
| 3 |
Columbia University
|
98 | 3.8 | 93% | 100% | $119,082 | 94 FT | 10.7% | $75,744 | |
| 5 |
University of California, Berkeley
|
94 | 4.0 | 82% | 88% | $131,526 | 93 FT | 21.1% | $72,970 | |
| 6 |
New York University
|
93 | 3.8 | 60% | 91% | 46 FT, 3 PT | 17.0% | $73,000 | ||
| 7 |
Cornell University
|
92 | 3.6 | 76% | 89% | $127,773 | 78 FT | 22.9% | $84,825 | |
| 8 |
Columbia University
|
91 | 3.5 | 67% | 94% | $118,869 | 106 FT, 5 PT | 25.5% | $79,450 | |
| 9 |
NYU Tandon School of Engineering
|
87 | 3.3 | 73% | 86% | $96,961 | 157 FT | 28.2% | $70,000 | |
| 10 |
Massachusetts Institute of Technology
|
83 | 3.5 | 73% | 94% | $88,537 | 116 FT | 11.2% | $111,275 | |
| 11 |
Georgia Institute of Technology
|
81 | 3.0 | 62% | 100% | $98,821 | 46 FT | 20.6% | $57,969 | |
| 12 |
University of Chicago
|
80 | 3.3 | 74% | 93% | $99,345 | 75 FT, 7 PT | 22.2% | $84,625 | |
| 13 |
North Carolina State University
|
76 | 2.2 | 72% | 100% | $97,663 | 17 FT, 1 PT | 18.2% | $58,497 | |
| 13 |
University of California, Los Angeles
|
76 | 3.4 | 54% | 69% | $100,964 | 75 FT | 22.4% | $78,470 | |
| 15 |
Rutgers University
|
74 | 2.7 | 48% | 96% | $93,139 | 68 FT | 49.0% | $70,251 | |
| 15 |
University of Washington
|
74 | 3.0 | 76% | 92% | $83,071 | 42 FT, 12 PT | 33.6% | $42,840 | |
| 17 |
Johns Hopkins University
|
71 | 2.7 | 13% | 100% | $96,855 | 26 FT | 31.9% | $84,605 | |
| 18 |
Boston University
|
68 | 3.1 | 28% | 82% | $85,777 | 101 FT | 41.0% | $82,080 | |
| 19 |
Fordham University
|
66 | 2.3 | 27% | 90% | $90,583 | 74 FT | 42.5% | $72,765 | |
| 20 |
Stony Brook University
|
59 | 2.6 | 82% | $87,500 | 11 FT | 57.9% | $42,647 | ||
| 21 |
University of Minnesota
|
56 | 2.8 | 41% | 52% | $73,500 | 25 FT, 4 PT | 81.7% | $47,766 | |
| 22 |
Stevens Institute of Technology
|
55 | 2.5 | 24% | 62% | $66,192 | 46 FT, 5 PT | 89.8% | $48,208 | |
| 23 |
Rensselaer Polytechnic Institute
|
54 | 2.3 | 34% | 55% | $78,630 | 26 FT | 53.6% | $56,964 | |
| 24 |
Claremont Graduate University
|
46 | 2.1 | 40% | 70% | $62,109 | 9 FT | 54.0% | $79,200 | |
| 25 |
Illinois Institute of Technology
|
42 | 2.5 | 7% | 33% | $85,000 | 6 FT | 58.2% | $54,000 | |
| NR |
Florida State University
|
2.1 | 71% | 86% | $70,000 | 17 FT | 40.6% | $38,875 | ||
| NR |
Lehigh University
|
2.0 | 50% | 80% | 12 FT | 47.3% | $45,000 | |||
| NR |
Rutgers University
|
2.7 | 33% | 75% | $89,524 | 16 FT | 43.7% | $57,461 | ||
| NR |
University of Connecticut
|
2.0 | 10 FT | 56.7% | $51,210 | |||||
| NR |
University of Illinois Urbana Champaign
|
2.7 | 31% | 76% | 50 FT | 68.5% | $75,150 | |||
| NR |
University of Michigan
|
2.7 | 48% | 52% | $84,874 | 30 FT | 38.2% | $72,306 | ||
| NR |
University of North Carolina at Charlotte
|
2.4 | 35% | 62% | $90,000 | 31 FT, 12 PT | 80.0% | $40,583 | ||
| NR |
University of Southern California
|
2.0 | 20% | 73% | 27 FT | 17.8% | $72,933 |
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