2025 QuantNet Ranking of Best Financial Engineering Programs

The 2025 QuantNet Ranking stands as the most comprehensive guide of the top Quantitative Finance and Financial Engineering programs in the United States.

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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.

Princeton University - Master in Finance

Princeton University

Princeton, NJ 08544 Master in Finance
1
Total Score
100
Peer Score
3.7
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 (315)
Admission
Tuition
$124,800
Enrollment
35 FT
Acceptance rate
Employment Rate
At Graduation
95%
At 3 months
100%
% Employed in the US
90%
Compensation
Base
Avg total
Baruch College - Master in Financial Engineering

Baruch College

New York, NY 10010 Master in Financial Engineering
2
Total Score
99
Peer Score
4.2
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 (572)
Admission
Tuition
$42,395
Enrollment
23 FT, 4 PT
Acceptance rate
Employment Rate
At Graduation
91%
At 3 months
100%
% Employed in the US
87%
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
93
Peer Score
4.2
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 (787)
Admission
Tuition
$100,685
Enrollment
101 FT
Acceptance rate
Employment Rate
At Graduation
89%
At 3 months
99%
% Employed in the US
97%
Compensation
Base
Avg total
University of California, Berkeley - Master of Financial Engineering

University of California, Berkeley

Berkeley, CA 94720 Master of Financial Engineering
4
Total Score
88
Peer Score
3.6
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 (369)
Admission
Tuition
$82,901
Enrollment
76 FT, 10 PT
Acceptance rate
Employment Rate
At Graduation
79%
At 3 months
92%
% Employed in the US
83%
Compensation
Base
Avg total
Massachusetts Institute of Technology - Master of Finance

Massachusetts Institute of Technology

Cambridge, MA 02139 Master of Finance
5
Total Score
86
Peer Score
3.0
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
$125,484
Enrollment
118 FT
Acceptance rate
Employment Rate
At Graduation
76%
At 3 months
97%
% Employed in the US
66%
Compensation
Base
Avg total
Columbia University - Masters in Financial Engineering

Columbia University

6
Total Score
85
Peer Score
3.6
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 (839)
Admission
Tuition
$93,024
Enrollment
123 FT
Acceptance rate
Employment Rate
At Graduation
37%
At 3 months
100%
% Employed in the US
56%
Compensation
Base
Avg total
University of Chicago - MS in Financial Mathematics

University of Chicago

Chicago, IL 60637 MS in Financial Mathematics
6
Total Score
85
Peer Score
3.4
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 (604)
Admission
Tuition
$96,826
Enrollment
124 FT, 6 PT
Acceptance rate
Employment Rate
At Graduation
78%
At 3 months
95%
% Employed in the US
79%
Compensation
Base
Avg total
Georgia Institute of Technology - MS in Quantitative and Computational Finance

Georgia Institute of Technology

8
Total Score
80
Peer Score
3.0
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 (347)
Admission
Tuition
$64,347
Enrollment
51 FT
Acceptance rate
Employment Rate
At Graduation
93%
At 3 months
100%
% Employed in the US
89%
Compensation
Base
Avg total
Columbia University - MA in Mathematics of Finance

Columbia University

New York, NY 10027 MA in Mathematics of Finance
9
Total Score
77
Peer Score
3.4
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 (418)
Admission
Tuition
$98,930
Enrollment
102 FT, 7 PT
Acceptance rate
Employment Rate
At Graduation
49%
At 3 months
75%
% Employed in the US
60%
Compensation
Base
Avg total
Cornell University - Master in Financial Engineering

Cornell University

9
Total Score
77
Peer Score
3.2
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 (561)
Admission
Tuition
$102,570
Enrollment
65 FT
Acceptance rate
Employment Rate
At Graduation
55%
At 3 months
84%
% Employed in the US
77%
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
9
Total Score
77
Peer Score
3.0
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 (441)
Admission
Tuition
$81,581
Enrollment
146 FT
Acceptance rate
Employment Rate
At Graduation
67%
At 3 months
89%
% Employed in the US
64%
Compensation
Base
Avg total
North Carolina State University - Master in Financial Mathematics

North Carolina State University

12
Total Score
74
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 (101)
Admission
Tuition
$64,609
Enrollment
23 FT
Acceptance rate
Employment Rate
At Graduation
62%
At 3 months
100%
% Employed in the US
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
13
Total Score
69
Peer Score
3.6
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
$84,969
Enrollment
26 FT, 4 PT
Acceptance rate
Employment Rate
At Graduation
40%
At 3 months
49%
% Employed in the US
49%
Compensation
Base
Avg total
Rutgers University - Master of Quantitative Finance

Rutgers University

14
Total Score
67
Peer Score
2.5
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 (118)
Admission
Tuition
$79,221
Enrollment
46 FT
Acceptance rate
Employment Rate
At Graduation
60%
At 3 months
87%
% Employed in the US
62%
Compensation
Base
Avg total
Fordham University - MS in Quantitative Finance

Fordham University

New York, NY 10023 MS in Quantitative Finance
15
Total Score
65
Peer Score
2.4
The Master of Science in Quantitative Finance (MSQF) program is offered by Fordham University's Gabelli School of Business. The three-semester program starts in the Fall.
5.00 star(s) 12 reviews
Add application (66)
Admission
Tuition
$105,575
Enrollment
39 FT
Acceptance rate
Employment Rate
At Graduation
75%
At 3 months
100%
% Employed in the US
100%
Compensation
Base
Avg total
University of Washington - MS Computational Finance & Risk Management

University of Washington

16
Total Score
62
Peer Score
2.5
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 (151)
Admission
Tuition
$50,930
Enrollment
27 FT, 3 PT
Acceptance rate
Employment Rate
At Graduation
53%
At 3 months
72%
% Employed in the US
47%
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
17
Total Score
61
Peer Score
3.1
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 (240)
Admission
Tuition
$93,120
Enrollment
97 FT
Acceptance rate
Employment Rate
At Graduation
48%
At 3 months
67%
% Employed in the US
61%
Compensation
Base
Avg total
Stevens Institute of Technology - MS in Financial Engineering

Stevens Institute of Technology

Hoboken, NJ 07030 MS in Financial Engineering
18
Total Score
56
Peer Score
2.3
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
$56,476
Enrollment
52 FT, 6 PT
Acceptance rate
Employment Rate
At Graduation
24%
At 3 months
94%
% Employed in the US
94%
Compensation
Base
Avg total
University of Illinois Urbana Champaign - Master of Financial Engineering

University of Illinois Urbana Champaign

19
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 (163)
Admission
Tuition
$78,969
Enrollment
49 FT
Acceptance rate
Employment Rate
At Graduation
35%
At 3 months
74%
% Employed in the US
48%
Compensation
Base
Avg total
University of Minnesota - Master of Financial Mathematics

University of Minnesota

Minneapolis, MN 55455 Master of Financial Mathematics
20
Total Score
46
Peer Score
2.0
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
$52,675
Enrollment
19 FT, 1 PT
Acceptance rate
Employment Rate
At Graduation
60%
At 3 months
80%
% Employed in the US
80%
Compensation
Base
Avg total
Boston University - MS in Mathematical Finance and Financial Technology

Boston University

21
Total Score
44
Peer Score
2.5
The three-semester program is offered by Boston University's Questrom School of Business.
3.64 star(s) 14 reviews
Add application (330)
Admission
Tuition
$94,904
Enrollment
88 FT
Acceptance rate
Employment Rate
At Graduation
17%
At 3 months
40%
% Employed in the US
14%
Compensation
Base
Avg total
University of California, San Diego - Master of Quantitative Finance

University of California, San Diego

La Jolla, CA 92093 Master of Quantitative Finance
22
Total Score
39
Peer Score
2.0
The UCSD Master in Finance (MFin) program is offered by the Rady School of Management.
4.50 star(s) 2 reviews
Add application (2)
Admission
Tuition
$79,924
Enrollment
215 FT
Acceptance rate
Employment Rate
At Graduation
16%
At 3 months
47%
% Employed in the US
21%
Compensation
Base
Admission
Tuition
$46,000
Enrollment
8 FT, 4 PT
Acceptance rate
Employment Rate
At Graduation
78%
At 3 months
78%
% Employed in the US
67%
Compensation
Base
Avg total
Johns Hopkins University - Financial Mathematics MSE

Johns Hopkins University

Baltimore, MD 21218 Financial Mathematics MSE
NR
Peer Score
2.6
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 (110)
Admission
Tuition
$99,989
Enrollment
29 FT
Acceptance rate
Lehigh University - MS in Financial Engineering

Lehigh University

Bethlehem, PA 18015 MS in Financial Engineering
NR
Peer Score
2.1
5.00 star(s) 19 reviews
Add application (1)
Admission
Tuition
$57,560
Enrollment
13 FT
Acceptance rate
Stony Brook University - Master in Quantitative Finance

Stony Brook University

Stony Brook, NY 11794 Master in Quantitative Finance
NR
Peer Score
2.3
4.50 star(s) 2 reviews
Add application (21)
Admission
Tuition
$50,872
Enrollment
18 FT, 1 PT
Acceptance rate
Employment Rate
At Graduation
25%
At 3 months
50%
% Employed in the US
50%
2025 Rankings Methodology
  • Published
    11/20/24
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