2022 QuantNet Ranking of Best Financial Engineering Programs

The 2022 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.

Baruch College - Master in Financial Engineering

Baruch College

New York, NY 10010 Master in Financial Engineering
1
Total Score
100
Peer Score
4.1
The Baruch College's Master of Financial Engineering (MFE) program is offered by the Math Department under the Weissman School of Arts and Sciences. This three-semester program starts in the Fall semester.
4.93 star(s) 29 reviews
Add application (567)
Admission
Tuition
$42,395
Enrollment
24 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
100%
At 3 months
100%
Compensation
Base
Avg total
University of California, Berkeley - Master of Financial Engineering

University of California, Berkeley

Berkeley, CA 94720 Master of Financial Engineering
2
Total Score
95
Peer Score
4.0
The UC Berkeley Master of Financial Engineering (MFE) program is offered by the Berkeley Haas School of Business. Established in 2000, this one-year program commences each spring.
4.49 star(s) 37 reviews
Add application (368)
Admission
Tuition
$76,610
Enrollment
79 FT, 3 PT
Acceptance rate
Average GPA
Employment Rate
At Graduation
84%
At 3 months
99%
Compensation
Base
Avg total
Carnegie Mellon University - MS in Computational Finance

Carnegie Mellon University

New York, NY 10005 | Pittsburgh, PA 15213 MS in Computational Finance
3
Total Score
94
Peer Score
4.3
The Carnegie Mellon University's Master of Science in Computational Finance (MSCF) is a 16-month financial engineering degree developed through the joint venture of four Carnegie Mellon colleges - Department of Mathematical Sciences, Department of Statistics and Data Science, Heinz College of Information Systems and Public Policy and the Tepper School of Business.
4.64 star(s) 45 reviews
Add application (780)
Admission
Tuition
$90,189
Enrollment
95 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
68%
At 3 months
97%
Compensation
Base
Avg total
Princeton University - Master in Finance

Princeton University

Princeton, NJ 08544 Master in Finance
4
Total Score
93
Peer Score
3.8
The Princeton University's Master in Finance (MFin) program is offered by the Bendheim Center for Finance (BCF), an interdisciplinary center at Princeton University. This two-year program starts in the Fall semester.
4.86 star(s) 7 reviews
Add application (308)
Admission
Tuition
$112,020
Enrollment
32 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
100%
At 3 months
100%
Compensation
Base
Avg total
Columbia University - Masters in Financial Engineering

Columbia University

5
Total Score
92
Peer Score
3.8
Launched in 2002, Columbia University's Master in Financial Engineering (MFE) program is offered by the Industrial Engineering and Operations Research Department under The Fu Foundation School of Engineering and Applied Science. This one-year, full-time program, starts in the fall semester.
3.18 star(s) 11 reviews
Add application (838)
Admission
Tuition
$81,792
Enrollment
133 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
87%
At 3 months
100%
Compensation
Base
Avg total
Columbia University - MA in Mathematics of Finance

Columbia University

New York, NY 10027 MA in Mathematics of Finance
6
Total Score
85
Peer Score
3.3
The Master of Arts in Mathematical Finance (MAFN) program is offered jointly by the Department of Mathematics and Department of Statistics at Columbia University. The program can be completed in two or three semesters for full-time students.
4.00 star(s) 6 reviews
Add application (415)
Admission
Tuition
$86,788
Enrollment
122 FT, 3 PT
Acceptance rate
Average GPA
Employment Rate
At Graduation
76%
At 3 months
100%
Compensation
Base
Avg total
New York University - MS in Mathematics in Finance

New York University

New York, NY 10012 MS in Mathematics in Finance
7
Total Score
84
Peer Score
3.9
The New York University's MS in Mathematics in Finance program is offered by NYU’s Courant Institute of Mathematical Sciences. This three-semester program starts in the Fall semester.
4.64 star(s) 11 reviews
Add application (491)
Admission
Tuition
$75,957
Enrollment
49 FT, 4 PT
Acceptance rate
Average GPA
Employment Rate
At Graduation
54%
At 3 months
95%
Compensation
Base
Avg total
NYU Tandon School of Engineering - MS in Financial Engineering

NYU Tandon School of Engineering

Brooklyn, NY 11201 MS in Financial Engineering
7
Total Score
84
Peer Score
3.5
The Master of Science in Financial Engieering (MSFE) program is offered by the Financial Risk Engineering (FRE) department of NYU Tandon School of Engineering. This 4-semester program starts in mid-August with the Pre-program bootcamp prior to the Fall semester.
3.43 star(s) 30 reviews
Add application (435)
Admission
Tuition
$77,018
Enrollment
131 FT, 1 PT
Acceptance rate
Average GPA
Employment Rate
At Graduation
76%
At 3 months
92%
Compensation
Base
Avg total
Massachusetts Institute of Technology - Master of Finance

Massachusetts Institute of Technology

Cambridge, MA 02139 Master of Finance
9
Total Score
81
Peer Score
3.2
Established in 2008, the MIT Master in Finance (MFin) program is a 18-month, full-time program starting in the summer, offered by the Sloan School of Management.
3.77 star(s) 26 reviews
Add application (558)
Admission
Tuition
$113,700
Enrollment
138 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
79%
At 3 months
99%
Compensation
Base
Avg total
Cornell University - Master in Financial Engineering

Cornell University

10
Total Score
80
Peer Score
3.6
The Cornell University's Master in Financial Engineering program is offered by School of Operations Research and Information Engineering (ORIE) under Cornell Engineering. Established in 2006, this three-semester program starts in the Fall semester in Ithaca, upstate NY with the last semester in New York City.
4.71 star(s) 7 reviews
Add application (557)
Admission
Tuition
$90,439
Enrollment
63 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
48%
At 3 months
100%
Compensation
Base
Avg total
University of Chicago - MS in Financial Mathematics

University of Chicago

Chicago, IL 60637 MS in Financial Mathematics
10
Total Score
80
Peer Score
3.5
The University of Chicago's Master in Financial Mathematics (MSFM) program is offered by the Department of Mathematics under the Physical Sciences Division. Launched in 1996, this three-semester program starts each Fall semester.
4.75 star(s) 40 reviews
Add application (603)
Admission
Tuition
$86,428
Enrollment
141 FT, 5 PT
Acceptance rate
Average GPA
Employment Rate
At Graduation
76%
At 3 months
90%
Compensation
Base
Avg total
University of California, Los Angeles - Master of Financial Engineering

University of California, Los Angeles

Los Angeles, CA 90095 Master of Financial Engineering
12
Total Score
79
Peer Score
3.3
Launched in 2009, the UCLA Master of Financial Engineering (MFE) program at the Anderson School of Management is a comprehensive 15-months, quarter-based full-time program starting each fall.
4.43 star(s) 42 reviews
Add application (238)
Admission
Tuition
$81,216
Enrollment
81 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
74%
At 3 months
95%
Compensation
Avg total
Georgia Institute of Technology - MS in Quantitative and Computational Finance

Georgia Institute of Technology

13
Total Score
78
Peer Score
3.2
The Master of Science in Quantitative and Computational Finance (QCF) program is an interdisciplinary educatiobetween the Scheller College of Business, H. Milton Steward School of Industrial & Systems Engineering and School of Mathematics.
3.78 star(s) 9 reviews
Add application (342)
Admission
Tuition
$61,260
Enrollment
76 FT, 1 PT
Acceptance rate
Average GPA
Employment Rate
At Graduation
74%
At 3 months
97%
Compensation
Base
Avg total
North Carolina State University - Master in Financial Mathematics

North Carolina State University

13
Total Score
78
Peer Score
2.3
North Carolina State University (NCSU) offers a three-semester Financial Mathematics program through its Department of Mathematics.
4.48 star(s) 27 reviews
Add application (98)
Admission
Tuition
$59,534
Enrollment
37 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
60%
At 3 months
100%
Compensation
Base
Avg total
University of Washington - MS Computational Finance & Risk Management

University of Washington

15
Total Score
76
Peer Score
3.1
The Master of Computational Finance and Risk Management (CFRM) program is a degree offered in the University of Washington’s Department of Applied Mathematics.
4.95 star(s) 40 reviews
Add application (150)
Admission
Tuition
$46,500
Enrollment
43 FT, 15 PT
Acceptance rate
Average GPA
Employment Rate
At Graduation
76%
At 3 months
100%
Compensation
Avg total
Rutgers University - Master of Quantitative Finance

Rutgers University

16
Total Score
70
Peer Score
2.9
The Rutgers Master of Quantitative Finance (MQF) program was founded in 2001 and is housed in Rutgers Business School. The program is three-semester and starts in fall semester.
4.08 star(s) 13 reviews
Add application (115)
Admission
Tuition
$64,900
Enrollment
80 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
71%
At 3 months
93%
Compensation
Base
Avg total
University of Minnesota - Master of Financial Mathematics

University of Minnesota

Minneapolis, MN 55455 Master of Financial Mathematics
17
Total Score
64
Peer Score
2.7
The program is offered by Minnesota Center for Financial and Actuarial Mathematics, a specialized center for quantitive finance within the School of Mathematics.
4.71 star(s) 41 reviews
Add application (36)
Admission
Tuition
$47,775
Enrollment
17 FT, 4 PT
Acceptance rate
Employment Rate
At Graduation
75%
At 3 months
100%
Compensation
Avg total
Boston University - MS in Mathematical Finance and Financial Technology

Boston University

18
Total Score
60
Peer Score
3.0
The three-semester program is offered by Boston University's Questrom School of Business.
3.42 star(s) 12 reviews
Add application (329)
Admission
Tuition
$93,171
Enrollment
108 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
38%
At 3 months
73%
Compensation
Avg total
Stony Brook University - Master in Quantitative Finance

Stony Brook University

Stony Brook, NY 11794 Master in Quantitative Finance
19
Total Score
58
Peer Score
2.4
4.50 star(s) 2 reviews
Add application (21)
Admission
Tuition
$44,342
Enrollment
22 FT, 1 PT
Acceptance rate
Average GPA
Employment Rate
At Graduation
27%
At 3 months
100%
Compensation
Avg total
University of Illinois Urbana Champaign - Master of Financial Engineering

University of Illinois Urbana Champaign

20
Total Score
55
Peer Score
2.7
The University of Illinois Urbana-Champaign (UIUC) offers a Master of Science in Financial Engineering (MSFE) program through its Gies College of Business in collaboration with the Department of Mathematics and the Department of Statistics.
4.61 star(s) 38 reviews
Add application (160)
Admission
Tuition
$78,285
Enrollment
32 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
25%
At 3 months
84%
Compensation
Avg total
Stevens Institute of Technology - MS in Financial Engineering

Stevens Institute of Technology

Hoboken, NJ 07030 MS in Financial Engineering
21
Total Score
54
Peer Score
2.4
The Master in Financial Engineering (MFE) program is offered by Stevens School of Business. The three-semester program starts each fall semester.
4.52 star(s) 48 reviews
Add application (53)
Admission
Tuition
$50,210
Enrollment
42 FT, 4 PT
Acceptance rate
Employment Rate
At Graduation
33%
At 3 months
90%
Compensation
Avg total
Lehigh University - MS in Financial Engineering

Lehigh University

Bethlehem, PA 18015 MS in Financial Engineering
22
Total Score
53
Peer Score
2.0
5.00 star(s) 19 reviews
Add application ()
Admission
Tuition
$50,210
Enrollment
13 FT
Acceptance rate
Employment Rate
At Graduation
33%
At 3 months
90%
Compensation
Avg total
Admission
Tuition
$82,467
Enrollment
9 FT
Acceptance rate
Employment Rate
At Graduation
38%
At 3 months
63%
Compensation
Avg total
Johns Hopkins University - Financial Mathematics MSE

Johns Hopkins University

Baltimore, MD 21218 Financial Mathematics MSE
NR
Peer Score
2.7
The Financial Mathematics program is offered by Johns Hopskins Whiting School of Engineering under their Department of Applied Mathematics and Statistics.
4.56 star(s) 9 reviews
Add application (108)
Admission
Tuition
$89,373
Enrollment
58 FT
Acceptance rate
Average GPA
Employment Rate
At Graduation
20%
At 3 months
73%
Compensation
Avg total
Admission
Tuition
$56,239
Enrollment
10 FT, 1 PT
Acceptance rate
Admission
Tuition
$41,720
Enrollment
36 FT
Acceptance rate
Employment Rate
At Graduation
62%
At 3 months
81%
Compensation
Avg total

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  • Published
    1/27/14
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