2024 QuantNet Ranking of Best Financial Engineering Programs

    Date:

    The 2024 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 2024 QuantNet ranking is best positioned to help prospective applicants decide where to apply and enroll in these master quantitative programs.

    2024 Rankings Methodology

    Join a discussion on 2024 ranking. Last ranking (2023)

    Rank Program Total score Peer score Employment Rate at Graduation Employment Rate 3-Months after Graduation Employment Rate 3-Months after Graduation (US only) Average starting base salary plus sign-on bonus (US only)* Tuition Cohort Size
    1 Baruch College, City University of New York
    New York, NY
    Financial Engineering
    100 4.3 100% 100% 80% $220,500 $42,395 (non-resident) $28,670 (resident) 24 FT, 4 PT
    2 Princeton University
    Princeton, NJ
    Master in Finance
    97 4.0 100% 100% 76% $240,611 $125,720 (two-year program) 37 FT
    3 Carnegie Mellon University
    Pittsburgh, PA/New York, NY
    Computational Finance
    95 4.3 92% 97% 97% $160,336 $97,061 95 FT
    4 University of California, Berkeley
    Berkeley, CA
    Financial Engineering
    91 3.9 84% 96% 86% $173,758 $80,486 76 FT, 11 PT
    5 Columbia University
    New York, NY
    Financial Engineering
    88 3.6 63% 100% 98% $154,175 $88,632 106 FT
    6 University of Chicago
    Chicago, IL
    Financial Mathematics
    85 3.6 90% 98% 81% $143,216 $90,013 127 FT, 6 PT
    7 Cornell University
    Ithaca, NY
    MEng, FE concentration
    83 3.4 75% 95% 81% $144,433 $97,806 53 FT
    7 New York University
    New York, NY
    Mathematics in Finance
    83 3.7 80% 97% 97% $142,252 $75,000 24 FT, 4 PT
    9 Columbia University
    New York, NY
    Mathematics of Finance
    82 3.3 76% 88% 55% $123,894 $94,850 (non-residents), $94,550 (residents) 105 FT, 3 PT
    9 Massachusetts Institute of Technology
    Cambridge, MA
    Master of Finance
    82 3.1 82% 98% 53% $140,123 $121,009 127 FT
    11 NYU Tandon School of Engineering
    Brooklyn, NY
    Financial Engineering
    77 3.1 71% 91% 78% $114,967 $78,433 146 FT, 1 PT
    12 Georgia Institute of Technology
    Atlanta, GA
    Quantitative and Computational Finance
    76 2.9 91% 97% 97% $131,490 $60,228 (non-resident) $28,638 (resident) 71 FT
    12 North Carolina State University
    Raleigh, NC
    Financial Mathematics
    76 2.6 89% 100% 100% $116,882 $63,023 (non-resident), $33,062 (resident) 33 FT
    12 University of California, Los Angeles
    Los Angeles, CA
    Financial Engineering
    76 3.4 89% 94% 79% $125,727 $89,539 94 FT
    15 Johns Hopkins University
    Baltimore, MD
    Financial Mathematics
    66 2.4 61% 100% 78% $110,874 $95,203 49 FT
    15 University of Washington
    Seattle, WA
    Computational Finance & Risk Management
    66 2.8 74% 100% 62% $105,261 $47,570 52 FT
    17 Rutgers University
    Newark, NJ
    Quantitative Finance
    62 2.7 57% 89% 64% $106,520 $76,224 (non-resident) $52,700 (resident) 55 FT
    18 University of Illinois
    Urbana, IL
    Financial Engineering
    58 2.7 54% 92% 92% 106,150 $78,837 (non-resident), $59,562 (resident) 27 FT
    19 Stevens Institute of Technology
    Hoboken, NJ
    Financial Engineering
    57 2.4 45% 98% 98% $114,483 $54,332 16 FT, 4 PT
    20 University of Minnesota
    Minneapolis, MN
    Financial Mathematics
    55 2.2 82% 91% 91% $122,040 $49,420 (non-resident), $39,480 (resident) 18 FT, 1 PT
    21 Boston University
    Boston, MA
    Mathematical Finance
    49 2.7 54% 78% 78% $109,098 $97,226 106 FT
    21 Fordham University
    New York, NY
    Quantitative Finance
    49 2.2 35% 65% 50% $101,607 $89,309 23 FT
    21 University of California, San Diego
    San Diego, CA
    Master in Finance
    49 2.1 24% 57% 33% $81,935 $76,128 146 FT

    *Percentage of graduates seeking employment who were employed in the US 3 months after graduation.

    Visit QuantNet website to view the current program ratings.

    Originally posted on QuantNet.

    quantnet.com/ – resource for financial engineering education and career.

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