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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 2022 QuantNet ranking of Financial Engineering, Quantitative Finance masters programs in the US provides detailed information on placement and admission statistics from top programs in the country, making it uniquely valuable to the quant finance community at large.

The 2022 QuantNet ranking is best positioned to help prospective applicants decide where to apply and enroll in these master quantitative programs.

2022 Rankings Methodology
Join a discussion on 2022 ranking. Last ranking (2021)
Rank Program Total score Peer assessment Employment rate at graduation Employment rate three months after graduation Average starting base salary plus sign-on bonus Tuition Cohort Size
1 Baruch College, City University of New York
Financial Engineering
New York, NY
100 4.1 100% 100% $152,483 $42,395 (non-resident) $28,670 (resident) 24 FT
2 University of California, Berkeley
Financial Engineering
Berkeley, CA
95 4.0 84% 99% $143,012 $76,610 79 FT, 3 PT
3 Carnegie Mellon University
Computational Finance
Pittsburgh, PA
94 4.3 68% 97% $125,537 $89,189 95 FT
4 Princeton University
Master in Finance
Princeton, NJ
93 3.8 100% 100% $138,607 $112,020 32 FT
5 Columbia University
Financial Engineering
New York, NY
92 3.8 87% 100% $119,169 $81,792 133 FT
6 Columbia University
Mathematics of Finance
New York, NY
85 3.3 76% 100% $106,218 $86,668 122 FT, 3 PT
7 New York University
Mathematics in Finance
New York, NY
84 3.9 54% 95% $103,949 $75,957 49 FT, 4 PT
7 NYU Tandon School of Engineering
Financial Engineering
Brooklyn, NY
84 3.5 76% 92% $96,358 $77,018 131 FT, 1 PT
9 Massachusetts Institute of Technology
Master of Finance
Cambridge, MA
81 3.2 79% 99% $92,920 $113,700 138 FT
10 Cornell University
MEng, FE concentration
Ithaca, NY
80 3.6 48% 100% $113,994 $90,439 63 FT
10 University of Chicago
Financial Mathematics
Chicago, IL
80 3.5 76% 90% $108,391 $86,428 141 FT, 5 PT
12 University of California, Los Angeles
Financial Engineering
Los Angeles, CA
79 3.3 74% 95% $107,654 $81,216 81 FT
13 Georgia Institute of Technology
Quantitative and Computational Finance
Atlanta, GA
78 3.2 74% 97% $113,495 $61,260 (non-resident) $29,670 (resident) 76 FT, 1 PT
13 North Carolina State University
Financial Mathematics
Raleigh, NC
78 2.3 60% 100% $118,000 $59,534 (non-resident) $32,554 (resident) 37 FT
15 University of Washington
Computational Finance & Risk Management
Seattle, WA
76 3.1 76% 100% $90,093 $46,500 43 FT, 15 PT
16 Rutgers University
Quantitative Finance
Newark, NJ
70 2.9 71% 93% $96,208 $64,900 (non-resident) $42,595 (resident) 80 FT
17 University of Minnesota
Financial Mathematics
Minneapolis, MN
64 2.7 75% 100% $79,000 $47,775 (non-resident), $38,150 (resident) 17 FT, 4 PT
18 Boston University
Mathematical Finance
Boston, MA
60 3.0 38% 73% $89,215 $93,171 108 FT
19 Stony Brook University
Quantitative Finance
Stony Brook, NY
58 2.4 27% 100% $90,000 $44,342 (non-resident) $26,303 (resident) 22 FT, 1 PT
20 University of Illinois
Financial Engineering
Urbana, IL
55 2.7 25% 84% $80,000 $78,285 32 FT
21 Stevens Institute of Technology
Financial Engineering
Hoboken, NJ
54 2.4 33% 90% $82,665 $50,210 42 FT, 4 PT
22 Lehigh University
Financial Engineering
Bethlehem, PA
53 2.0 50% 90% $63,928 $45,300 13 FT
NR* Claremont Graduate University
Financial Engineering
Claremont, CA
2.3 38% 63% $83,336 $80,310 9 FT
NR* Florida State University
Financial Mathematics (MS)
Tallahassee, FL
2.0 n/a n/a n/a $36,753 (non-resident) $15,917 (resident) 6 FT
NR* Johns Hopkins University
Financial Mathematics
Baltimore, MD
2.7 n/a n/a $91,736 $151,233 58 FT
NR* Rutgers University
Mathematical Finance
New Brunswick, NJ
2.8 n/a n/a n/a $56,129 (non-resident) $33,869 (resident) 10 FT, 1 PT
NR* University of North Carolina at Charlotte
Mathematical Finance
Charlotte, NC
2.2 62% 81% $87,182 $41,720 (non-resident) $21,569 (resident) 17 FT, 5 PT
Eligible STEM degree as designated by DHS for the OPT purpose.
* Programs that did not provide placement data or salary information meeting a minimum threshold were denoted as NR (not ranked).
  • Published
    11/18/21
  • Page views
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