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The 2020 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 2020 QuantNet rankings are best positioned to help prospective applicants decide where to apply and enroll in these master quantitative programs.
| Rank | Program | Total score | Peer assessment | Employment rate at graduation | Employment rate three months after graduation | Average starting base salary plus sign-on bonus | Average GRE Quant of admitted FT students | Tuition | Class Size |
| 1 | Princeton University Master in Finance Princeton, NJ |
100 | 4.0 | 100% | 100% | $155,571 | 168 | $107,540 (2 years) | 29 FT |
| 2 | Baruch College, City University of New York Financial Engineering New York, NY |
99 | 4.0 | 87% | 95% | $127,883 | 169.5 | $42,395 (non-resident) $28,670 (resident) | 29 FT, 1 PT |
| 3 | Carnegie Mellon University Computational Finance Pittsburgh, PA |
98 | 4.4 | 78% | 93% | $117,775 | 169 | $86,820 | 98 FT |
| 3 | Columbia University Financial Engineering New York, NY |
98 | 3.8 | 93% | 100% | $119,082 | 169.5 | $75,744 | 94 FT |
| 5 | University of California, Berkeley Financial Engineering Berkeley, CA |
94 | 4.0 | 82% | 88% | $131,526 | 168.6 | $72,970 | 93 FT |
| 6 | New York University Mathematics in Finance New York, NY |
93 | 3.8 | 60% | 91% | $115,000 | 169 | $84,000 | 46 FT, 3 PT |
| 7 | Cornell University MEng, FE concentration Ithaca, NY |
92 | 3.6 | 76% | 89% | $127,773 | 168 | $84,825 | 78 FT |
| 8 | Columbia University Mathematics of Finance New York, NY |
91 | 3.5 | 67% | 94% | $118,869 | 169.1 | $79,450 | 106 FT, 5 PT |
| 9 | NYU Tandon School of Engineering Financial Engineering Brooklyn, NY |
87 | 3.3 | 73% | 86% | $96,961 | 169.2 | $70,000 | 157 FT |
| 10 | Massachusetts Institute of Technology Master of Finance Cambridge, MA |
83 | 3.5 | 73% | 94% | $88,537 | 168 | $80,350 (12 months), $111,275 (18 months) | 116 FT |
| 11 | Georgia Institute of Technology Quantitative and Computational Finance Atlanta, GA |
81 | 3.0 | 62% | 100% | $98,821 | 168.7 | $57,969 (non-resident) $26,379 (resident) | 46 FT |
| 12 | University of Chicago Financial Mathematics Chicago, IL |
80 | 3.3 | 74% | 93% | $99,345 | 168 | $84,625 | 75 FT, 7 PT |
| 13 | North Carolina State University Financial Mathematics Raleigh, NC |
76 | 2.2 | 72% | 100% | $97,663 | 168.2 | $58,497 (non-resident) $32,508 (resident) | 17 FT, 1 PT |
| 13 | University of California, Los Angeles Financial Engineering Los Angeles, CA |
76 | 3.4 | 54% | 69% | $100,964 | 168 | $78,470 | 75 FT |
| 15 | Rutgers University Quantitative Finance Newark, NJ |
74 | 2.7 | 48% | 96% | $93,139 | 168 | $70,251 (non-resident) $48,489 (resident) | 68 FT |
| 15 | University of Washington Computational Finance & Risk Management Seattle, WA |
74 | 3.0 | 76% | 92% | $83,071 | 167 | $55,080 (54 credit option), $42,840 (42 credit option) | 42 FT, 12 PT |
| 17 | Johns Hopkins University Financial Mathematics Baltimore, MD |
71 | 2.7 | 13% | 100% | $96,855 | 168.9 | $84,605 | 26 FT |
| 18 | Boston University Mathematical Finance Boston, MA |
68 | 3.1 | 28% | 82% | $85,777 | 168.5 | $82,080 | 101 FT |
| 19 | Fordham University Quantitative Finance New York, NY |
66 | 2.3 | 27% | 90% | $90,583 | 167.4 | $72,765 | 74 FT |
| 20 | Stony Brook University Quantitative Finance Stony Brook, NY |
59 | 2.6 | 0% | 82% | $87,500 | 160 | $42,647 (non-resident) $24,962 (resident) | 11 FT |
| 21 | University of Minnesota Financial Mathematics Minneapolis, MN |
56 | 2.8 | 41% | 52% | $73,500 | 166.5 | $40,224-47,766 (non-resident), $32,128-38,152 (resident) | 25 FT, 4 PT |
| 22 | Stevens Institute of Technology Financial Engineering Hoboken, NJ |
55 | 2.5 | 24% | 62% | $66,192 | 164 | $48,208 | 46 FT, 5 PT |
| 23 | Rensselaer Polytechnic Institute Quantitative Finance and Risk Analytics Troy, NY |
54 | 2.3 | 34% | 55% | $78,630 | 165 | $56,964 | 26 FT |
| 24 | Claremont Graduate University Financial Engineering Claremont, CA |
46 | 2.1 | 40% | 70% | $62,109 | 157 | $79,200 | 9 FT |
| 25 | Illinois Institute of Technology Mathematical Finance Chicago, IL |
42 | 2.5 | 7% | 33% | $85,000 | 162 | $54,000 | 6 FT |
| NR* | Florida State University Financial Mathematics Tallahassee, FL |
2.1 | 71% | 86% | $70,000 | 164 | $38,875 (non-resident) $16,776 (resident) | 17 FT | |
| NR* | Lehigh University Financial Engineering Bethlehem, PA |
2.0 | 50% | 80% | $0 | 164 | $45,000 | 12 FT | |
| NR* | Rutgers University Mathematical Finance New Brunswick, NJ |
2.7 | 33% | 75% | $89,524 | 167 | $57,461 (non-resident) $33,367 (resident) | 16 FT | |
| NR* | University of Connecticut Applied Financial Mathematics Storrs, CT |
2.0 | 0% | 0% | n/a | 166.6 | $51,210 (non-resident) $23,820 (resident) | 10 FT | |
| NR* | University of Illinois Financial Engineering Urbana, IL |
2.7 | 31% | 76% | $87,500 | 168 | $75,150 | 50 FT | |
| NR* | University of Michigan Quantitative Finance Ann Arbor, MI |
2.7 | 48% | 52% | $84,874 | 168.9 | $72,306 (non-resident) $35,835 (resident) | 30 FT | |
| NR* | University of North Carolina at Charlotte Mathematical Finance Charlotte, NC |
2.4 | 35% | 62% | $90,000 | 161 | $40,583 (non-resident) $20,432 (resident) | 31 FT, 12 PT | |
| NR* | University of Southern California Mathematical Finance Los Angeles, CA |
2.0 | 20% | 73% | n/a | 168 | $72,933 | 27 FT |
* Programs that did not provide placement data or salary information meeting a minimum threshold were denoted as NR (not ranked).
Visit https://quantnet.com/mfe-programs-rankings/ to learn more about their Rankings Methodology, and to join the discusion.
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