COMPARE Chicago MSFM vs Columbia MAFN

Rank
Program
Total Score
Peer Score
Employed at Graduation (%)
Employed at 3 months (%)
Base salary
Cohort Size
Acceptance Rate (%)
Tuition
Rank
6
🇺🇸
2025
University of Chicago Chicago, IL 60637
4.71 star(s) 52 reviews
🇺🇸
6
2025
University of Chicago
85
3.4
78
95
117.1K
130
20.86
96.82K
Rank
9
🇺🇸
2025
Columbia University New York, NY 10027
4.65 star(s) 17 reviews
🇺🇸
9
2025
Columbia University
77
3.4
49
75
116.4K
109
22.11
98.93K
I was recently admitted to both and am completely torn. Given similar career statistics (placement rate, starting salary, and job title) and my relative indifference between NY and Chicago, which should I choose? Here are some factors that I find important:

1. Cost: I received a 30% scholarship from UChicago, making the difference in tuition around $35k. I could cover that difference, but I would rather save the money of course.
2. Ranking: Columbia has both a better overall and a better quantitative finance ranking, although both are excellent.
3. Career resources: I do not have full-time work experience, so having supportive career development staff is important (even if the aforementioned final statistics are comparable).
4. Curriculum: Coming from a theoretical math background, I would prefer courses that are more applied.
 
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