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2018 Quantnet Rankings of Best Financial Engineering Programs Ranked by Quantnet in Dec 2017

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2018 Quantnet Rankings of Best Financial Engineering Programs Ranked by Quantnet in Dec 2017 2018 QuantNet Rankings of Best Financial Engineering Programs Ranked by QuantNet in Dec 2017. The most comprehensive 2018 ranking of best Financial Engineering (MFE), Mathematical Finance programs in North America. The 2018 QuantNet ranking of Financial Engineering/Quantitative Finance masters programs in North America provides detailed information on placement and admission statistics from top programs the region, making it uniquely valuable to the quant finance community at large. The 2018 QuantNet rankings are best positioned to help prospective applicants decide where to apply and enroll in those master quantitative programs. 2018 Financial Engineering Programs Rankings Methodology Share your opinion about the 2018 QuantNet ranking. Average Average Employment starting Peer Employment GRE Total rate 3 base Class Rank Program assessment rate at Quant of Tuition score months after salary (not Size score graduation admitted graduation including students bonus) Baruch College, City $40,980 University of (non- 36FT, New York 100 4.1 94% 100% $110,000 169.5 resident), 1 4PT Financial $27,675 Engineering (resident) New York, NY University of California, Berkeley 100 4.2 84% 96% $108,286 168 $68,725 68FT 1 Financial Engineering Berkeley, CA Carnegie Mellon University 98 4.3 68% 85% $100,939 169 $83,100 97FT 3 Computational Finance Pittsburgh, PA Columbia University 3 Financial 98 3.9 97% 100% $93,000 169 $69,696 99FT Engineering New York, NY Average Average Employment starting Peer Employment GRE Total rate 3 base Class Rank Program assessment rate at Quant of Tuition score months after salary (not Size score graduation admitted graduation including students bonus) Princeton University 5 Master in 97 3.7 100% 100% $115,000 169 $98,600 29FT Finance Princeton, NJ New York University 41FT, Mathematics in 93 4.0 81% 100% $97,000 168 $70,000 6 9PT Finance New York, NY Columbia University 97FT, Mathematics of 90 3.6 59% 89% $92,091 169.7 $66,520 7 3PT Finance New York, NY Cornell University 7 MEng, FE 90 3.9 61% 85% $90,000 169.4 $78,900 59FT concentration Ithaca, NY University of Chicago 75FT, Financial 88 3.4 71% 97% $86,250 168 $76,572 9 2PT Mathematics Chicago, IL Georgia Institute of $57,111 Technology (non- 10 Quantitative and 87 3.1 80% 100% $90,929 168.5 resident), 46FT Computational $25,965 Finance (resident) Atlanta, GA University of $40,950 Washington (42 Computational credits), 32FT, 83 3.1 95% 95% $86,500 167 11 Finance & Risk $52,650 18PT Management (54 Seattle, WA credits) Average Average Employment starting Peer Employment GRE Total rate 3 base Class Rank Program assessment rate at Quant of Tuition score months after salary (not Size score graduation admitted graduation including students bonus) Massachusetts $77,350 Institute of (12 Technology months), 82 3.5 64% 78% $84,164 168 119FT 12 Master of $103,850 Finance (18 Cambridge, MA months) NYU Tandon School of Engineering 162FT, 82 3.3 43% 76% $84,000 168.9 $59,690 12 Financial 1PT Engineering Brooklyn, NY University of California, Los Angeles 82 3.4 52% 79% $90,000 168 $73,608 88FT 12 Financial Engineering Los Angeles, CA University of Toronto Mathematical CAD 82 3.4 74% 89% $85,000 N/A 30FT 12 Finance 48,000 Toronto, Canada Boston University 16 Mathematical 81 3.1 68% 96% $80,200 169 $76,500 117FT Finance Boston, MA Rutgers $60,149 University (non- 16 Quantitative 81 2.8 74% 88% $92,500 168 resident), 59FT Finance $39,476 Newark, NJ (resident) Fordham University 18 Quantitative 80 2.6 78% 89% $97,000 168 $60,000 68FT Finance New York, NY Average Average Employment starting Peer Employment GRE Total rate 3 base Class Rank Program assessment rate at Quant of Tuition score months after salary (not Size score graduation admitted graduation including students bonus) University of Waterloo Quantitative CDN 80 3.0 64% 86% $85,700 N/A 10FT 18 Finance 15,330 Waterloo, Canada North $50,949 Carolina State (non- University 76 2.6 83% 94% $87,500 168 resident), 26FT 20 Financial $27,738 Mathematics (resident) Raleigh, NC Illinois Institute of Technology 74 2.7 45% 90% $90,000 167 $56,925 21FT 21 Mathematical Finance Chicago, IL University of Illinois 22 Financial 72 2.7 34% 68% $87,500 167 $67,200 65FT Engineering Urbana, IL Rutgers $56,938 University (non- Mathematical 46FT, 67 2.7 35% 70% $66,230 167 resident), 23 Finance 3PT $32,302 New Brunswick, (resident) NJ University of $39,040 Minnesota (non- Financial 31FT, 67 2.8 39% 74% $74,000 167.2 resident), 23 Mathematics 5PT $31,168 Minneapolis, (resident) MN University of North $40,398 Carolina at (non- 44FT, Charlotte 64 2.4 53% 61% $86,000 166 resident), 25 6PT Mathematical $20,247 Finance (resident) Charlotte, NC Average Average Employment starting Peer Employment GRE Total rate 3 base Class Rank Program assessment rate at Quant of Tuition score months after salary (not Size score graduation admitted graduation including students bonus) Rensselaer Polytechnic Institute 26 Quantitative 55 2.4 18% 35% $66,111 166 $51,000 45FT Finance and Risk Analytics Troy, NY Claremont Graduate University 50 2.5 30% 40% $70,000 162 $76,080 15FT 27 Financial Engineering Claremont, CA Johns Hopkins University 2.7 67% 85% N/A 169 $78,255 30FT NR Financial Mathematics Baltimore, MD 2018 MFE Programs Rankings Methodology 29 master programs in Financial Engineering, Mathematical Finance, Quantitative Finance were surveyed from September to November 2017 on admission, placement, and career services information. 28 of the 29 programs responded and 27 provided the data needed to calculate the rankings based on a weighted average of the categories described below. Peer Assessment Score (20%) Each program was asked to rate the 29 programs in the 2018 QuantNet MFE Programs Rankings from 1 (marginal) to 5 (exceptional). Placement Success (55%) Employment Rate at Graduation (10%) This is the employment rate for the latest graduate cohort at their graduation. Employment Rate Three Months after Graduation (15%) This is the employment rate for the latest graduate cohort 3-month after their graduation. Starting Salary (20%) The average starting salaries (exclude bonuses) of the most recent graduate cohort. Employer Survey Score (10%) Employers were surveyed to identify which of the 29 programs in the 2018 ranking whose graduates they have interviewed or hired from within the last two years. Student selectivity (25%) GRE Scores (15%) This is the average ETS GRE quantitative scores of students accepted in the most recent incoming cohort. Undergraduate GPA (7.5%) This is the average undergraduate grade-point average of those most recent incoming cohort of the program. Acceptance Rate (2.5%) This is the percent of applicants to the program who were accepted. Overall score A score for each program is accumulated from the points in each category multiplied by the category's assigned weighted average. The final scores were rounded to the nearest integer. A tie is determined if any two or more programs have the same final score and tied programs are listed alphabetically. Programs that did not provide enough data will be denoted as NR (not ranked)..
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