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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 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.

Baruch College - Master in Financial Engineering

Baruch College

New York, NY 10010 Master in Financial Engineering
1
Total Score
100
Peer Score
4.1
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) 30 reviews
Pending 28 Waitlisted 0 Accepted 230 Rejected 380
Tuition
$42,395
Enrollment
24 FT
Acceptance rate
8.8%
Undergrad GPA
Employment Rate
At Graduation
100%
After 3 months
100%
Compensation
Base
$126,983
Avg total
Visit program's website
University of California, Berkeley - Master of Financial Engineering

University of California, Berkeley

Berkeley, CA 94720 Master of Financial Engineering
2
Total Score
95
Peer Score
4.0
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.
4.14 star(s) 42 reviews
Pending 3 Waitlisted 10 Accepted 236 Rejected 150
Tuition
$76,610
Enrollment
79 FT, 3 PT
Acceptance rate
14.6%
Undergrad GPA
Employment Rate
At Graduation
84%
After 3 months
99%
Compensation
Base
$125,821
Avg total
Visit program's website
Carnegie Mellon University - MS in Computational Finance

Carnegie Mellon University

New York, NY 10005 | Pittsburgh, PA 15213 MS in Computational Finance
3
Total Score
94
Peer Score
4.3
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.
4.70 star(s) 54 reviews
Pending 12 Waitlisted 3 Accepted 414 Rejected 433
Tuition
$90,189
Enrollment
95 FT
Acceptance rate
17.0%
Undergrad GPA
Employment Rate
At Graduation
68%
After 3 months
97%
Compensation
Base
$107,821
Avg total
Visit program's website
Princeton University - Master in Finance

Princeton University

Princeton, NJ 08544 Master in Finance
4
Total Score
93
Peer Score
3.8
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
Pending 12 Waitlisted 2 Accepted 70 Rejected 287
Tuition
$112,020
Enrollment
32 FT
Acceptance rate
6.2%
Undergrad GPA
Employment Rate
At Graduation
100%
After 3 months
100%
Compensation
Base
$121,000
Avg total
Visit program's website
Columbia University - Masters in Financial Engineering

Columbia University

New York, NY 10027 Masters in Financial Engineering
5
Total Score
92
Peer Score
3.8
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.
3.21 star(s) 14 reviews
Pending 23 Waitlisted 15 Accepted 400 Rejected 481
Tuition
$81,792
Enrollment
133 FT
Acceptance rate
12.0%
Undergrad GPA
Employment Rate
At Graduation
87%
After 3 months
100%
Compensation
Base
$108,128
Avg total
Visit program's website
Columbia University - MA in Mathematics of Finance

Columbia University

New York, NY 10027 MA in Mathematics of Finance
6
Total Score
85
Peer Score
3.3
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.
4.65 star(s) 17 reviews
Pending 8 Waitlisted 0 Accepted 264 Rejected 185
Tuition
$86,788
Enrollment
122 FT, 3 PT
Acceptance rate
18.8%
Undergrad GPA
Employment Rate
At Graduation
76%
After 3 months
100%
Compensation
Base
$100,537
Avg total
Visit program's website
New York University - MS in Mathematics in Finance

New York University

New York, NY 10012 MS in Mathematics in Finance
7
Total Score
84
Peer Score
3.9
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
Pending 3 Waitlisted 0 Accepted 212 Rejected 294
Tuition
$75,957
Enrollment
49 FT, 4 PT
Acceptance rate
17.4%
Undergrad GPA
Employment Rate
At Graduation
54%
After 3 months
95%
Compensation
Base
$100,000
Avg total
Visit program's website
NYU Tandon School of Engineering - MS in Financial Engineering

NYU Tandon School of Engineering

Brooklyn, NY 11201 MS in Financial Engineering
7
Total Score
84
Peer Score
3.5
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.
3.42 star(s) 31 reviews
Pending 2 Waitlisted 3 Accepted 338 Rejected 166
Tuition
$77,018
Enrollment
131 FT, 1 PT
Acceptance rate
16.0%
Undergrad GPA
Employment Rate
At Graduation
76%
After 3 months
92%
Compensation
Base
$90,184
Avg total
Visit program's website
Massachusetts Institute of Technology - Master of Finance

Massachusetts Institute of Technology

Cambridge, MA 02139 Master of Finance
9
Total Score
81
Peer Score
3.2
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
Pending 6 Waitlisted 2 Accepted 218 Rejected 394
Tuition
$113,700
Enrollment
138 FT
Acceptance rate
9.0%
Undergrad GPA
Employment Rate
At Graduation
79%
After 3 months
99%
Compensation
Base
$92,920
Visit program's website
Cornell University - Master in Financial Engineering

Cornell University

Ithaca, NY 14850 Master in Financial Engineering
10
Total Score
80
Peer Score
3.6
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.
4.44 star(s) 9 reviews
Pending 5 Waitlisted 0 Accepted 332 Rejected 264
Tuition
$90,439
Enrollment
63 FT
Acceptance rate
20.0%
Undergrad GPA
Employment Rate
At Graduation
48%
After 3 months
100%
Compensation
Base
$99,250
Avg total
Visit program's website
University of Chicago - MS in Financial Mathematics

University of Chicago

Chicago, IL 60637 MS in Financial Mathematics
10
Total Score
80
Peer Score
3.5
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.
4.71 star(s) 51 reviews
Pending 4 Waitlisted 8 Accepted 451 Rejected 254
Tuition
$86,428
Enrollment
141 FT, 5 PT
Acceptance rate
22.5%
Undergrad GPA
Employment Rate
At Graduation
76%
After 3 months
90%
Compensation
Base
$99,419
Avg total
Visit program's website
University of California, Los Angeles - Master of Financial Engineering

University of California, Los Angeles

Los Angeles, CA 90095 Master of Financial Engineering
12
Total Score
79
Peer Score
3.3
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.
4.34 star(s) 44 reviews
Pending 3 Waitlisted 1 Accepted 183 Rejected 82
Tuition
$81,216
Enrollment
81 FT
Acceptance rate
34.2%
Undergrad GPA
Employment Rate
At Graduation
74%
After 3 months
95%
Compensation
Base
$100,396
Avg total
Visit program's website
North Carolina State University - Master in Financial Mathematics

North Carolina State University

Raleigh, NC 27695 Master in Financial Mathematics
13
Total Score
78
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
Pending 3 Waitlisted 0 Accepted 106 Rejected 23
Tuition
$59,534
Enrollment
37 FT
Acceptance rate
18.6%
Undergrad GPA
Employment Rate
At Graduation
60%
After 3 months
100%
Compensation
Base
$107,727
Avg total
Visit program's website
University of Washington - MS Computational Finance & Risk Management

University of Washington

Seattle, WA 98195 MS Computational Finance & Risk Management
15
Total Score
76
Peer Score
3.1
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
Pending 2 Waitlisted 0 Accepted 94 Rejected 67
Tuition
$46,500
Enrollment
43 FT, 15 PT
Acceptance rate
30.8%
Undergrad GPA
Employment Rate
At Graduation
76%
After 3 months
100%
Compensation
Base
$88,010
Avg total
Visit program's website
Rutgers University - Master of Quantitative Finance

Rutgers University

Newark, NJ 07102 Master of Quantitative Finance
16
Total Score
70
Peer Score
2.9
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
Pending 1 Waitlisted 0 Accepted 125 Rejected 8
Tuition
$64,900
Enrollment
80 FT
Acceptance rate
46.8%
Undergrad GPA
Employment Rate
At Graduation
71%
After 3 months
93%
Compensation
Base
$93,056
Avg total
Visit program's website
University of Minnesota - Master of Financial Mathematics

University of Minnesota

Minneapolis, MN 55455 Master of Financial Mathematics
17
Total Score
64
Peer Score
2.7
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
Pending 0 Waitlisted 0 Accepted 28 Rejected 10
Tuition
$47,775
Enrollment
17 FT, 4 PT
Acceptance rate
86.9%
Undergrad GPA
Employment Rate
At Graduation
75%
After 3 months
100%
Compensation
Base
$75,000
Avg total
Visit program's website
Boston University - MS in Mathematical Finance and Financial Technology

Boston University

Boston, MA 02215 MS in Mathematical Finance and Financial Technology
18
Total Score
60
Peer Score
3.0
The three-semester program is offered by Boston University's Questrom School of Business.
3.73 star(s) 15 reviews
Pending 2 Waitlisted 0 Accepted 230 Rejected 116
Tuition
$93,171
Enrollment
108 FT
Acceptance rate
43.8%
Undergrad GPA
Employment Rate
At Graduation
38%
After 3 months
73%
Compensation
Base
$86,640
Avg total
Visit program's website
Stony Brook University - Master in Quantitative Finance

Stony Brook University

Stony Brook, NY 11794 Master in Quantitative Finance
19
Total Score
58
Peer Score
2.4
4.50 star(s) 2 reviews
Pending 0 Waitlisted 0 Accepted 18 Rejected 8
Tuition
$44,342
Enrollment
22 FT, 1 PT
Acceptance rate
73.2%
Undergrad GPA
Employment Rate
At Graduation
27%
After 3 months
100%
Compensation
Avg total
Visit program's website
University of Illinois Urbana Champaign - Master of Financial Engineering

University of Illinois Urbana Champaign

Urbana, IL 61801 Master of Financial Engineering
20
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.
4.59 star(s) 39 reviews
Pending 0 Waitlisted 0 Accepted 138 Rejected 37
Tuition
$78,285
Enrollment
32 FT
Acceptance rate
66.5%
Undergrad GPA
Employment Rate
At Graduation
25%
After 3 months
84%
Compensation
Base
$80,000
Visit program's website
Stevens Institute of Technology - Master in Financial Engineering

Stevens Institute of Technology

Hoboken, NJ 07030 Master in Financial Engineering
21
Total Score
54
Peer Score
2.4
The Master in Financial Engineering (MFE) program is offered by Stevens School of Business. The three-semester program starts each fall semester.
4.49 star(s) 55 reviews
Pending 0 Waitlisted 0 Accepted 65 Rejected 2
Tuition
$50,210
Enrollment
42 FT, 4 PT
Acceptance rate
92.4%
Undergrad GPA
Employment Rate
At Graduation
33%
After 3 months
90%
Compensation
Base
$79,109
Avg total
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Lehigh University - MS in Financial Engineering

Lehigh University

Bethlehem, PA 18015 MS in Financial Engineering
22
Total Score
53
Peer Score
2.0
5.00 star(s) 22 reviews
Pending 1 Waitlisted 0 Accepted 3 Rejected 0
Tuition
$50,210
Enrollment
13 FT
Acceptance rate
66.7%
Employment Rate
At Graduation
33%
After 3 months
90%
Compensation
Base
$61,071
Avg total
Visit program's website
Claremont Graduate University - MS in Financial Engineering

Claremont Graduate University

Claremont, CA 91711 MS in Financial Engineering
NR
Peer Score
2.3
3.45 star(s) 11 reviews
Pending 0 Waitlisted 0 Accepted 22 Rejected 1
Tuition
$82,467
Enrollment
9 FT
Acceptance rate
56.5%
Employment Rate
At Graduation
38%
After 3 months
63%
Compensation
Avg total
Visit program's website
Johns Hopkins University - Financial Mathematics MSE

Johns Hopkins University

Baltimore, MD 21218 Financial Mathematics MSE
NR
Peer Score
2.7
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
Pending 3 Waitlisted 0 Accepted 65 Rejected 52
Tuition
$89,373
Enrollment
58 FT
Acceptance rate
38.4%
Undergrad GPA
Employment Rate
At Graduation
20%
After 3 months
73%
Compensation
Base
$91,100
Avg total
Visit program's website
Rutgers University - MS in Mathematical Finance

Rutgers University

Piscataway, NJ 08854 MS in Mathematical Finance
NR
4.13 star(s) 8 reviews
Pending 0 Waitlisted 0 Accepted 88 Rejected 32
Tuition
$56,239
Enrollment
10 FT, 1 PT
Acceptance rate
71.8%
Employment Rate
Compensation
Visit program's website
University of North Carolina at Charlotte - MS in Mathematical Finance

University of North Carolina at Charlotte

Charlotte, NC 28223 MS in Mathematical Finance
NR
Peer Score
2.2
4.60 star(s) 10 reviews
Pending 0 Waitlisted 0 Accepted 23 Rejected 0
Tuition
$41,720
Enrollment
36 FT
Acceptance rate
66.1%
Undergrad GPA
Employment Rate
At Graduation
62%
After 3 months
81%
Compensation
Base
$80,909
Avg total
Visit program's website

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  • Published
    1/27/14
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