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The article “2026 QuantNet Ranking of Best Financial Engineering Programs” was originally published on QuantNet.
The QuantNet Ranking of U.S. Financial Engineering, Mathematical Finance, and Quantitative Finance Master’s Programs delivers in-depth placement and admission statistics from the nation’s top schools—providing the most trusted guide for applicants choosing the best graduate programs in quantitative finance.
| New York, NY 10010 |
| Master in Financial Engineering |
| Rank: 1 |
| Total Score: 100 Peer Score: 4.3 |
| 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. |
| Tuition: $45,090 Enrollment: 20 FT, 3 PT Acceptance rate: 4.0% Yield rate: 90.9% |
| Employment Rate At Graduation: 100% After 3 months: 100% |
| Compensation Base: $178,824 |
| Visit program’s website |
| Princeton, NJ 08544 |
| Master in Finance |
| Rank: 2 |
| Total Score: 93 Peer Score: 3.9 |
| The Princeton University Master in Finance (MFin) program is offered by the Bendheim Center for Finance. Established in 1999, this two-year program begins each fall. |
| Tuition: $130,420 Enrollment: 44 FT Acceptance rate: 5.4% Yield rate: 80.0% |
| Employment Rate At Graduation: 94% After 3 months: 97% |
| Compensation Base: $160,217 |
| Visit program’s website |
| New York, NY 10005 | Pittsburgh, PA 15213 |
| MS in Computational Finance |
| Rank: 3 |
| Total Score: 91 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 the Computer Science Department, Department of Mathematical Sciences, Department of Statistics & Data Science and the Tepper School of Business. |
| Tuition: $104,614.5 Enrollment: 108 FT Acceptance rate: 17.2% Yield rate: 59.7% |
| Employment Rate At Graduation: 72% After 3 months: 100% |
| Compensation Base: $134,259 |
| Visit program’s website |
| New York, NY 10027 |
| Masters in Financial Engineering |
| Rank: 4 |
| Total Score: 86 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. |
| Tuition: $97,200 Enrollment: 136 FT Acceptance rate: 13.3% Yield rate: 83.4% |
| Employment Rate At Graduation: 79% After 3 months: 87% |
| Compensation Base: $138,000 |
| Visit program’s website |
| Cambridge, MA 02139 |
| Master of Finance |
| Rank: 5 |
| Total Score: 84 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. |
| Tuition: $129,450 Enrollment: 126 FT Acceptance rate: 8.3% Yield rate: 70.4% |
| Employment Rate At Graduation: 78% After 3 months: 98% |
| Compensation Base: $140,140 |
| Visit program’s website |
| Berkeley, CA 94720 |
| Master of Financial Engineering |
| Rank: 5 |
| Total Score: 84 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. |
| Tuition: $87,046 Enrollment: 76 FT, 8 PT Acceptance rate: 17.4% Yield rate: 72.4% |
| Employment Rate At Graduation: 77% After 3 months: 90% |
| Compensation Base: $154,383 |
| Visit program’s website |
| Chicago, IL 60637 |
| MS in Financial Mathematics |
| Rank: 7 |
| Total Score: 79 Peer Score: 3.6 |
| 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. Full-time, part-time in person and online programs are available. |
| Tuition: $100,693 Enrollment: 118 FT, 6 PT Acceptance rate: 22.0% Yield rate: 36.4% |
| Employment Rate At Graduation: 73% After 3 months: 91% |
| Compensation Base: $123,867 |
| Visit program’s website |
| Atlanta, GA 30332 |
| MS in Quantitative and Computational Finance |
| Rank: 8 |
| Total Score: 76 Peer Score: 2.9 |
| The Master of Science in Quantitative and Computational Finance (QCF) program is an interdisciplinary education between the Scheller College of Business, H. Milton Steward School of Industrial & Systems Engineering and School of Mathematics. |
| Tuition: $66,132 Enrollment: 99 FT, 8 PT Acceptance rate: 30.2% Yield rate: 44.4% |
| Employment Rate At Graduation: 94% After 3 months: 96% |
| Compensation Base: $114,684 |
| Visit program’s website |
| New York, NY 10027 |
| MA in Mathematics of Finance (MAFN) |
| Rank: 9 |
| Total Score: 73 Peer Score: 3.5 |
| 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. |
| Tuition: $103,088 Enrollment: 101 FT, 12 PT Acceptance rate: 22.3% Yield rate: 49.8% |
| Employment Rate At Graduation: 53% After 3 months: 67% |
| Compensation Base: $122,692 |
| Visit program’s website |
| Raleigh, NC 27695 |
| Master in Financial Mathematics |
| Rank: 9 |
| Total Score: 73 Peer Score: 2.4 |
| The North Carolina State University (NCSU) Master of Financial Mathematics (MFM) program is offered by the Department of Mathematics in the College of Sciences. Established in 2003, this three-semester program begins each fall. |
| Tuition: $66,048 Enrollment: 64 FT Acceptance rate: 16.7% Yield rate: 81.0% |
| Employment Rate At Graduation: 80% After 3 months: 100% |
| Compensation Base: $105,350 |
| Visit program’s website |
| Ithaca, NY 14850 |
| Master in Financial Engineering |
| Rank: 11 |
| Total Score: 70 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. |
| Tuition: $106,889 Enrollment: 53 FT Acceptance rate: 20.7% Yield rate: 32.7% |
| Employment Rate At Graduation: 43% After 3 months: 84% |
| Compensation Base: $115,000 |
| Visit program’s website |
| New York, NY 10012 |
| MS in Mathematics in Finance |
| Rank: 11 |
| Total Score: 70 Peer Score: 3.5 |
| 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. |
| Tuition: $88,311 Enrollment: 37 FT Acceptance rate: 22.5% Yield rate: 28.2% |
| Employment Rate At Graduation: 26% After 3 months: 63% |
| Compensation Base: $126,000 |
| Visit program’s website |
| Brooklyn, NY 11201 |
| MS in Financial Engineering |
| Rank: 11 |
| Total Score: 70 Peer Score: 3.1 |
| The Master of Science in Financial Engineering (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. |
| Tuition: $83,325 Enrollment: 154 FT, 2 PT Acceptance rate: 38.1% Yield rate: 27.5% |
| Employment Rate At Graduation: 67% After 3 months: 88% |
| Compensation Base: $107,478 |
| Visit program’s website |
| Los Angeles, CA 90095 |
| Master of Financial Engineering |
| Rank: 14 |
| Total Score: 63 Peer Score: 3.2 |
| 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. |
| Tuition: $96,845 Enrollment: 79 FT Acceptance rate: 36.0% Yield rate: 37.4% |
| Employment Rate At Graduation: 53% After 3 months: 66% |
| Compensation Base: $118,270 |
| Visit program’s website |
| New York, NY 10023 |
| MS in Quantitative Finance |
| Rank: 15 |
| Total Score: 59 Peer Score: 2.5 |
| 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. |
| Tuition: $98,039 Enrollment: 61 FT Acceptance rate: 59.4% Yield rate: 38.6% |
| Employment Rate At Graduation: 44% After 3 months: 83% |
| Compensation Base: $135,500 |
| Visit program’s website |
| Seattle, WA 98195 |
| MS Computational Finance & Risk Management |
| Rank: 15 |
| Total Score: 59 Peer Score: 2.7 |
| The Master of Computational Finance and Risk Management (CFRM) program is a degree offered in the University of Washington’s Department of Applied Mathematics. |
| Tuition: $52,116 Enrollment: 41 FT Acceptance rate: 53.9% Yield rate: 25.0% |
| Employment Rate At Graduation: 44% After 3 months: 89% |
| Compensation Base: $118,375 |
| Visit program’s website |
| Urbana, IL 61801 |
| Master of Financial Engineering |
| Rank: 17 |
| Total Score: 58 Peer Score: 2.6 |
| 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. |
| Tuition: $79,191 Enrollment: 30 FT Acceptance rate: 50.7% Yield rate: 16.4% |
| Employment Rate At Graduation: 58% After 3 months: 84% |
| Compensation Base: $105,200 |
| Visit program’s website |
| Charlotte, NC 28223 |
| MS in Mathematical Finance |
| Rank: 18 |
| Total Score: 56 Peer Score: 2.1 |
| Tuition: $52,386 Enrollment: 19 FT Acceptance rate: 88.2% Yield rate: 63.3% |
| Employment Rate At Graduation: 54% After 3 months: 100% |
| Compensation Base: $104,375 |
| Visit program’s website |
| Newark, NJ 07102 |
| Master of Quantitative Finance |
| Rank: 19 |
| Total Score: 54 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. |
| Tuition: $83,910 Enrollment: 48 FT, 5 PT Acceptance rate: 86.4% Yield rate: 17.1% |
| Employment Rate At Graduation: 65% After 3 months: 75% |
| Compensation Base: $111,110 |
| Visit program’s website |
| Hoboken, NJ 07030 |
| Master in Financial Engineering |
| Rank: 19 |
| 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. |
| Tuition: $58,396 Enrollment: 59 FT, 9 PT Acceptance rate: 68.0% Yield rate: 26.2% |
| Employment Rate At Graduation: 41% After 3 months: 77% |
| Compensation Base: $110,982 |
| Visit program’s website |
| Minneapolis, MN 55455 |
| Master of Financial Mathematics |
| Rank: 21 |
| Total Score: 50 Peer Score: 2.1 |
| The program is offered by Minnesota Center for Financial and Actuarial Mathematics, a specialized center for quantitative finance within the School of Mathematics. |
| Tuition: $52,675 Enrollment: 15 FT, 7 PT Acceptance rate: 80.7% Yield rate: 22.4% |
| Employment Rate At Graduation: 50% After 3 months: 80% |
| Compensation Base: $106,163 |
| Visit program’s website |
| Boston, MA 02215 |
| MS in Mathematical Finance and Financial Technology |
| Not Ranked |
| Peer Score: 2.5 |
| The three-semester program is offered by Boston University’s Questrom School of Business. |
| Tuition: $108,716 Enrollment: 56 FT Acceptance rate: 80.6% Yield rate: 17.6% |
| Employment Rate At Graduation: 18% After 3 months: 39% |
| Compensation Base: $84,171 |
| Visit program’s website |
| Baltimore, MD 21218 |
| Financial Mathematics MSE |
| Not Ranked |
| Peer Score: 2.6 |
| The Financial Mathematics program is offered by Johns Hopkins Whiting School of Engineering under their Department of Applied Mathematics and Statistics. |
| Tuition: $95,205 Enrollment: 29 FT Acceptance rate: 50.7% Yield rate: 9.5% |
| Employment Rate At Graduation: 63% After 3 months: 75% |
| Visit program’s website |
| Bethlehem, PA 18015 |
| MS in Financial Engineering |
| Not Ranked |
| Peer Score: 2.1 |
| Tuition: $59,760 Enrollment: 14 FT Acceptance rate: 64.9% Yield rate: 23.0% |
| Employment Rate At Graduation: 23% After 3 months: 38% |
| Compensation Base: $103,125 |
| Visit program’s website |
| Stony Brook, NY 11794 |
| Master in Quantitative Finance |
| Not Ranked |
| Peer Score: 2.4 |
| The Department of Applied Mathematics and Statistics (AMS) at Stony Brook University (SUNY) offers masters and PhD degrees with a concentration in Quantitative Finance. |
| Tuition: $52,022 Enrollment: 15 FT Acceptance rate: 28.6% Yield rate: 75.0% |
| Employment Rate At Graduation: 40% After 3 months: 100% |
| Compensation Base: $120,000 |
| Visit program’s website |
| La Jolla, CA 92093 |
| Master of Quantitative Finance |
| Not Ranked |
| Peer Score: 2.2 |
| The UCSD Master in Finance (MFin) program is offered by the Rady School of Management. |
| Tuition: $83,876 Enrollment: 123 FT Acceptance rate: 62.4% Yield rate: 20.5% |
| Visit program’s website |
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