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2011-12 QuantNet Ranking of Best MFE Programs

NEW YORK, September 19th, 2011 - The 2011-2012 Quantnet ranking is the most comprehensive ranking to date of master programs in Financial Engineering (MFE), Mathematical Finance in North America. QuantNet surveyed program administrators, hiring managers to get the information used in the ranking.
RANK UNIVERSITY PROGRAM TUITION
1 Carnegie Mellon University
Pittsburgh, PA
Computational Finance
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$73,800
(1.5 years)
2 Princeton University
Princeton, NJ
Master in Finance
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$77,240
(2 years)
3 Columbia University
New York, NY
Financial Engineering
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$52,992
(1 year)
4 New York University
New York, NY
Mathematics in Finance
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$49,752
(1.5 years)
5 Baruch College, City University of New York
New York, NY
Financial Engineering
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$32,040
$21,315 (resident)
(1.5 years)
6 Stanford University
Stanford, CA
Financial Mathematics $53,400
(1 year)
6 University of California, Berkeley
Berkeley, CA
Financial Engineering
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$54,950
(1 year)
8 Columbia University
New York, NY
Mathematics of Finance
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$38,614
(1 year)
9 Cornell University
Ithaca, NY
MEng, FE concentration
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$61,987
(1.5 years)
10 Massachusetts Institute of Technology
Cambridge, MA
Master of Finance
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$73,800
(1 year)
10 University of California, Los Angeles
Los Angeles, CA
Financial Engineering
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$51,500
(1 year)
12 Rutgers University
New Brunswick, NJ
Mathematical Finance
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$49,648
$29,052 (resident)
(1.5 years)
12 University of Chicago
Chicago, IL
Financial Mathematics
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$44,892
(1 year)
14 Georgia Institute of Technology
Atlanta, GA
Quantitative and Computational Finance
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$50,313
$15,561 (resident)
(1.5 years)
14 University of Toronto
Toronto, Canada
Mathematical Finance
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CAD 40,000
(1 year)
16 University of Michigan
Ann Arbor, MI
Financial Engineering
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$61,002
$32,769 (resident)
(1.5 years)
17 Boston University
Boston, MA
Mathematical Finance
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$58,971
(1.5 years)
17 NYU-Poly
Brooklyn, NY
Financial Engineering
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$43,446
(1.5 years)
19 North Carolina State University
Raleigh, NC
Financial Mathematics $39,764
$15,668 (resident)
(2 years)
20 Claremont Graduate University
Claremont, CA
Financial Engineering
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$75,888
(1.5 years)
21 Illinois Institute of Technology
Chicago, IL
Mathematical Finance
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$49,104
(2 years)
22 Kent State University
Kent, OH
Financial Engineering* $32,070
$21,552 (resident)
(1 year)
*Discontinued as of 2012.

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