2021 QuantNet Ranking of Best Financial Engineering Programs
The 2021 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
- 26 FT, 3 PT
- At Graduation
- 93%
- Average salary*
- $147,028
Carnegie Mellon University
New York, NY 10005 | Pittsburgh, PA 15213
MS in Computational Finance
2
- Total Score
- 95
- Peer Score
- 4.1
Columbia University
New York, NY 10027
Masters in Financial Engineering
4
- Total Score
- 91
- Peer Score
- 3.8
University of California, Berkeley
Berkeley, CA 94720
Master of Financial Engineering
5
- Total Score
- 88
- Peer Score
- 4.1
- Tuition
- $79,049
- Enrollment
- 52 FT, 1 PT
- At Graduation
- 72%
- Average salary*
- $100,012
NYU Tandon School of Engineering
Brooklyn, NY 11201
MS in Financial Engineering
8
- Total Score
- 83
- Peer Score
- 3.3
- Tuition
- $70,000
- Enrollment
- 96 FT, 4 PT
- At Graduation
- 74%
- Average salary*
- $95,287
- Tuition
- $84,625
- Enrollment
- 69 FT, 6 PT
- At Graduation
- 81%
- Average salary*
- $105,499
Georgia Institute of Technology
Atlanta, GA 30332
MS in Quantitative and Computational Finance
10
- Total Score
- 80
- Peer Score
- 2.8
New York University
New York, NY 10012
MS in Mathematics in Finance
11
- Total Score
- 77
- Peer Score
- 3.8
- Tuition
- $74,450
- Enrollment
- 27 FT, 5 PT
- At Graduation
- 24%
- Average salary*
- $104,450
North Carolina State University
Raleigh, NC 27695
Master in Financial Mathematics
11
- Total Score
- 77
- Peer Score
- 2.5
Boston University
Boston, MA 02215
MS in Mathematical Finance and Financial Technology
13
- Total Score
- 74
- Peer Score
- 3.0
- Tuition
- $67,587
- Enrollment
- 31 FT, 1 PT
- At Graduation
- 61%
- Average salary*
- $90,468
University of Washington
Seattle, WA 98195
MS Computational Finance & Risk Management
14
- Total Score
- 71
- Peer Score
- 3.0
- Tuition
- $46,500
- Enrollment
- 38 FT, 12 PT
- At Graduation
- 74%
- Average salary*
- $73,845
University of California, Los Angeles
Los Angeles, CA 90095
Master of Financial Engineering
16
- Total Score
- 68
- Peer Score
- 3.2
Stony Brook University
Stony Brook, NY 11794
Master in Quantitative Finance
18
- Total Score
- 61
- Peer Score
- 2.4
- Tuition
- $43,790
- Enrollment
- 23 FT, 2 PT
- At Graduation
- 36%
- Average salary*
- $90,000
University of Illinois Urbana Champaign
Urbana, IL 61801
Master of Financial Engineering
19
- Total Score
- 60
- Peer Score
- 2.6
Stevens Institute of Technology
Hoboken, NJ 07030
MS in Financial Engineering
20
- Total Score
- 59
- Peer Score
- 2.3
- Tuition
- $47,530
- Enrollment
- 30 FT, 7 PT
- At Graduation
- 50%
- Average salary*
- $90,197
University of Minnesota
Minneapolis, MN 55455
Master of Financial Mathematics
21
- Total Score
- 58
- Peer Score
- 2.7
Claremont Graduate University
Claremont, CA 91711
MS in Financial Engineering
22
- Total Score
- 53
- Peer Score
- 2.1
Rensselaer Polytechnic Institute
Troy, NY 12180
MS in Quantitative Finance and Risk Analytics
23
- Total Score
- 42
- Peer Score
- 2.1
- Tuition
- $87,120
- Enrollment
- 57 FT, 2 PT
- At Graduation
- 23%
- Average salary*
- $90,317
- Tuition
- $55,310
- Enrollment
- 17 FT, 2 PT
- At Graduation
- Average salary*
- $82,600
University of Michigan
Ann Arbor, MI 48109
MS in Quantitative Finance and Risk Management
NR
- Peer Score
- 2.6
University of North Carolina at Charlotte
Charlotte, NC 28223
MS in Mathematical Finance
NR
- Peer Score
- 2.2
| Rank | Program | Total Score | Peer Score | % Employed at Graduation | % Employed at 3 months | Salary | Cohort Size | Tuition |
|---|---|---|---|---|---|---|---|---|
| 1 |
Baruch College
|
100 | 4.0 | 93% | 100% | $147,028 | 26 FT, 3 PT | $42,395 |
| 2 |
Carnegie Mellon University
|
95 | 4.1 | 77% | 95% | $127,546 | 89 FT | $89,334 |
| 3 |
Princeton University
|
94 | 3.8 | 92% | 100% | $126,496 | 20 FT | $112,940 |
| 4 |
Columbia University
|
91 | 3.8 | 69% | 98% | $120,248 | 85 FT | $79,056 |
| 5 |
University of California, Berkeley
|
88 | 4.1 | 70% | 92% | $124,401 | 96 FT | $75,108 |
| 6 |
Cornell University
|
85 | 3.6 | 58% | 90% | $120,960 | 27 FT | $87,879 |
| 7 |
Columbia University
|
84 | 3.5 | 72% | 96% | $100,012 | 52 FT, 1 PT | $79,049 |
| 8 |
NYU Tandon School of Engineering
|
83 | 3.3 | 74% | 86% | $95,287 | 96 FT, 4 PT | $70,000 |
| 8 |
University of Chicago
|
83 | 3.4 | 81% | 93% | $105,499 | 69 FT, 6 PT | $84,625 |
| 10 |
Georgia Institute of Technology
|
80 | 2.8 | 68% | 96% | $102,430 | 34 FT | $61,260 |
| 11 |
New York University
|
77 | 3.8 | 24% | 48% | $104,450 | 27 FT, 5 PT | $74,450 |
| 11 |
North Carolina State University
|
77 | 2.5 | 68% | 100% | $94,910 | 17 FT | $58,497 |
| 13 |
Boston University
|
74 | 3.0 | 60% | 94% | $90,569 | 101 FT | $85,281 |
| 14 |
Rutgers University
|
71 | 2.6 | 61% | 93% | $90,468 | 31 FT, 1 PT | $67,587 |
| 14 |
University of Washington
|
71 | 3.0 | 74% | 100% | $73,845 | 38 FT, 12 PT | $46,500 |
| 16 |
University of California, Los Angeles
|
68 | 3.2 | 39% | 74% | $103,250 | 48 FT | $78,470 |
| 17 |
Fordham University
|
64 | 2.4 | 43% | 66% | $91,778 | 31 FT | $75,690 |
| 18 |
Stony Brook University
|
61 | 2.4 | 36% | 100% | $90,000 | 23 FT, 2 PT | $43,790 |
| 19 |
University of Illinois Urbana Champaign
|
60 | 2.6 | 5% | 66% | $102,600 | 22 FT | $77,880 |
| 20 |
Stevens Institute of Technology
|
59 | 2.3 | 50% | 82% | $90,197 | 30 FT, 7 PT | $47,530 |
| 21 |
University of Minnesota
|
58 | 2.7 | 23% | 62% | $76,500 | 19 FT | $43,995 |
| 22 |
Claremont Graduate University
|
53 | 2.1 | 38% | 85% | $94,905 | 6 FT | $81,576 |
| 23 |
Rensselaer Polytechnic Institute
|
42 | 2.1 | 8% | 18% | $74,600 | 13 FT | $58,290 |
| NR |
Illinois Institute of Technology
|
2.2 | 6 FT | $52,450 | ||||
| NR |
Johns Hopkins University
|
2.6 | 23% | 100% | $90,317 | 57 FT, 2 PT | $87,120 | |
| NR |
Lehigh University
|
2.0 | 13 FT | $45,000 | ||||
| NR |
Rutgers University
|
2.5 | 56% | $82,600 | 17 FT, 2 PT | $55,310 | ||
| NR |
University of Michigan
|
2.6 | 37% | 67% | $93,333 | 24 FT | $74,322 | |
| NR |
University of North Carolina at Charlotte
|
2.2 | 25% | 50% | 24 FT, 10 PT | $40,583 |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
| 2018 | 2017 | 2016 | 2014 | 2012 |
- Published
- 11/17/21
- Page views
- 5,052