2023 QuantNet Ranking of Best Financial Engineering Programs
The 2023 QuantNet MFE ranking is the most authoritative and comprehensive ranking of best Financial Engineering (MFE), Mathematical Finance programs in the continental USA.
The 2023
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 2023 QuantNet ranking is best positioned to help prospective applicants decide where to apply and enroll in these master quantitative programs.
Join a discussion on 2023 ranking. Last ranking (2022)
| Rank | Program | Total score | Peer assessment | Employment Rate at Graduation | Employment Rate 3-Months after Graduation | Employment Rate 3-Months after Graduation (US only) | Average starting base salary plus sign-on bonus (US only) | Tuition | Cohort Size |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Baruch College, City University of New York New York, NY Financial Engineering |
100 | 4.2 | 100% | 100% | 88% | $169,516 | $42,395 (non-resident) $28,670 (resident) | 22 FT, 3 PT |
| 2 | Princeton University Princeton, NJ Master in Finance |
97 | 3.9 | 100% | 100% | 75% | $199,000 | $114,820 (two-year program) | 25 FT |
| 3 | University of California, Berkeley Berkeley, CA Financial Engineering |
93 | 4.0 | 88% | 100% | 87% | $169,634 | $78,142 | 78 FT, 7 PT |
| 4 | Carnegie Mellon University Pittsburgh, PA/New York, NY Computational Finance |
91 | 4.1 | 88% | 96% | 88% | $132,291 | $92,534 | 96 FT |
| 5 | Columbia University New York, NY Mathematics of Finance |
87 | 3.4 | 87% | 100% | 58% | $136,121 | $90,304 | 103 FT, 4PT |
| 6 | Massachusetts Institute of Technology Cambridge, MA Master of Finance |
86 | 3.2 | 90% | 100% | 61% | $139,697 | $117,044 | 123 FT |
| 7 | Cornell University Ithaca, NY MEng, FE concentration |
82 | 3.7 | 80% | 100% | 60% | $130,200 | $93,684 | 57 FT |
| 7 | New York University New York, NY Mathematics in Finance |
82 | 3.8 | 75% | 100% | 100% | $110,931 | $73,000 | 46 FT, 2 PT |
| 9 | Columbia University New York, NY Financial Engineering |
80 | 3.8 | 40% | 65% | 65% | $118,781 | $85,032 | 95 FT |
| 9 | NYU Tandon School of Engineering Brooklyn, NY Financial Engineering |
80 | 3.3 | 76% | 94% | 68% | $117,150 | $79,674 | 153 FT, 2 PT |
| 9 | University of California, Los Angeles Los Angeles, CA Financial Engineering |
80 | 3.5 | 95% | 100% | 92% | $122,662 | $85,276 | 88 FT |
| 12 | University of Chicago Chicago, IL Financial Mathematics |
79 | 3.4 | 91% | 96% | 85% | $128,395 | $88,183 | 91 FT, 10 PT |
| 13 | North Carolina State University Raleigh, NC Financial Mathematics |
78 | 2.7 | 85% | 100% | 100% | $131,229 | $61,359 (non-resident) $32,550 (resident) | 33 FT |
| 14 | Georgia Institute of Technology Atlanta, GA Quantitative and Computational Finance |
72 | 3.1 | 91% | 100% | 100% | $114,780 | $60,228 (non-resident) $28,638 (resident) | 50 FT, 1 PT |
| 15 | University of Washington Seattle, WA Computational Finance & Risk Management |
69 | 3.0 | 87% | 100% | 100% | $91,945 | $46,715 | 36 FT, 7 PT |
| 16 | Rutgers University Newark, NJ Quantitative Finance |
66 | 3.1 | 50% | 91% | 72% | $100,442 | $66,783 (non-resident) $43,382 (resident) | 64 FT |
| 17 | Johns Hopkins University Baltimore, MD Financial Mathematics |
64 | 2.5 | 67% | 100% | 100% | $101,569 | $91,627 | 33 FT |
| 18 | Boston University Boston, MA Mathematical Finance |
61 | 3.2 | 44% | 73% | 53% | $94,218 | $93,483 | 89 FT |
| 19 | Stevens Institute of Technology Hoboken, NJ Financial Engineering |
55 | 2.4 | 60% | 98% | 98% | $99,443 | $51,966 | 28 FT, 5 PT |
| 20 | Fordham University New York, NY Quantitative Finance |
53 | 2.6 | 35% | 65% | 50% | $101,607 | $77,743 | 16 FT |
| NR | Claremont Graduate University Claremont, CA Financial Engineering |
2.3 | 50% | 75% | 75% | * | $82,467 (non-resident), $80,310 (resident) | 5 FT | |
| NR | Lehigh University Bethlehem, PA Financial Engineering |
2.5 | 100% | 100% | 100% | * | $45,300 | 13 FT, 1 PT | |
| NR | Oklahoma State University Quantitative Finance Stillwater, OK |
2.4 | n/a | n/a | n/a | n/a | $12,012 | 7 FT | |
| NR | Rutgers University New Brunswick, NJ Financial Statistics and Risk Management |
2.4 | 50% | 100% | 100% | * | $56,100 (non-resident) $33,850 (resident) | 9 FT, 1 PT | |
| NR | Rutgers University New Brunswick, NJ Mathematical Finance |
3.0 | 25% | 75% | 63% | * | $65,077 (non-resident) $40,611 (resident) | 9 FT | |
| NR | Stony Brook University Stony Brook, NY Quantitative Finance |
2.5 | n/a | n/a | n/a | n/a | $44,892 (non-resident) $26,501 (resident) | 24 FT | |
| NR | University of Illinois Urbana, IL Financial Engineering |
2.8 | 47% | 89% | 32% | * | $78,483 (non-resident), $59,208 (resident) | 27 FT | |
| NR | University of Minnesota Minneapolis, MN Financial Mathematics |
2.6 | 70% | 90% | 90% | * | $49,420 (non-resident), $39,480 (resident) | 14 FT, 4 PT | |
| NR | University of North Carolina at Charlotte Charlotte, NC Mathematical Finance |
2.5 | 50% | 73% | 73% | $103,000 | $42,826 (non-resident) $21,608 (resident) | 13 FT, 4 PT |
* Not enough data available.
Employment rate 3-months after Graduation (US only): Percentage of graduates seeking employment who were employed in the US 3 months after graduation.
- Published
- 12/8/22
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