The 2022 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 2022 QuantNet ranking is best positioned to help prospective applicants decide where to apply and enroll in these master quantitative programs.
2022 Rankings Methodology
Join a discussion on 2022 ranking. Last ranking (2021)
| Rank | Program | Total score | Peer assessment | Employment rate at graduation | Employment rate three months after graduation | Average starting base salary plus sign-on bonus | Tuition | Cohort Size |
| 1 | Baruch College, City University of New York Financial Engineering New York, NY | 100 | 4.1 | 100% | 100% | $152,483 | $42,395 (non-resident) $28,670 (resident) | 24 FT |
| 2 | University of California, Berkeley Financial Engineering Berkeley, CA | 95 | 4.0 | 84% | 99% | $143,012 | $76,610 | 79 FT, 3 PT |
| 3 | Carnegie Mellon University Computational Finance Pittsburgh, PA | 94 | 4.3 | 68% | 97% | $125,537 | $89,189 | 95 FT |
| 4 | Princeton University Master in Finance Princeton, NJ | 93 | 3.8 | 100% | 100% | $138,607 | $112,020 | 32 FT |
| 5 | Columbia University Financial Engineering New York, NY | 92 | 3.8 | 87% | 100% | $119,169 | $81,792 | 133 FT |
| 6 | Columbia University Mathematics of Finance New York, NY | 85 | 3.3 | 76% | 100% | $106,218 | $86,668 | 122 FT, 3 PT |
| 7 | New York University Mathematics in Finance New York, NY | 84 | 3.9 | 54% | 95% | $103,949 | $75,957 | 49 FT, 4 PT |
| 7 | NYU Tandon School of Engineering Financial Engineering Brooklyn, NY | 84 | 3.5 | 76% | 92% | $96,358 | $77,018 | 131 FT, 1 PT |
| 9 | Massachusetts Institute of Technology Master of Finance Cambridge, MA | 81 | 3.2 | 79% | 99% | $92,920 | $113,700 | 138 FT |
| 10 | Cornell University MEng, FE concentration Ithaca, NY | 80 | 3.6 | 48% | 100% | $113,994 | $90,439 | 63 FT |
| 10 | University of Chicago Financial Mathematics Chicago, IL | 80 | 3.5 | 76% | 90% | $108,391 | $86,428 | 141 FT, 5 PT |
| 12 | University of California, Los Angeles Financial Engineering Los Angeles, CA | 79 | 3.3 | 74% | 95% | $107,654 | $81,216 | 81 FT |
| 13 | Georgia Institute of Technology Quantitative and Computational Finance Atlanta, GA | 78 | 3.2 | 74% | 97% | $113,495 | $61,260 (non-resident) $29,670 (resident) | 76 FT, 1 PT |
| 13 | North Carolina State University Financial Mathematics Raleigh, NC | 78 | 2.3 | 60% | 100% | $118,000 | $59,534 (non-resident) $32,554 (resident) | 37 FT |
| 15 | University of Washington Computational Finance & Risk Management Seattle, WA | 76 | 3.1 | 76% | 100% | $90,093 | $46,500 | 43 FT, 15 PT |
| 16 | Rutgers University Quantitative Finance Newark, NJ | 70 | 2.9 | 71% | 93% | $96,208 | $64,900 (non-resident) $42,595 (resident) | 80 FT |
| 17 | University of Minnesota Financial Mathematics Minneapolis, MN | 64 | 2.7 | 75% | 100% | $79,000 | $47,775 (non-resident), $38,150 (resident) | 17 FT, 4 PT |
| 18 | Boston University Mathematical Finance Boston, MA | 60 | 3.0 | 38% | 73% | $89,215 | $93,171 | 108 FT |
| 19 | Stony Brook University Quantitative Finance Stony Brook, NY | 58 | 2.4 | 27% | 100% | $90,000 | $44,342 (non-resident) $26,303 (resident) | 22 FT, 1 PT |
| 20 | University of Illinois Financial Engineering Urbana, IL | 55 | 2.7 | 25% | 84% | $80,000 | $78,285 | 32 FT |
| 21 | Stevens Institute of Technology Financial Engineering Hoboken, NJ | 54 | 2.4 | 33% | 90% | $82,665 | $50,210 | 42 FT, 4 PT |
| 22 | Lehigh University Financial Engineering Bethlehem, PA | 53 | 2.0 | 50% | 90% | $63,928 | $45,300 | 13 FT |
| NR* | Claremont Graduate University Financial Engineering Claremont, CA | 2.3 | 38% | 63% | $83,336 | $80,310 | 9 FT | |
| NR* | Florida State University Financial Mathematics (MS) Tallahassee, FL | 2.0 | n/a | n/a | n/a | $36,753 (non-resident) $15,917 (resident) | 6 FT | |
| NR* | Johns Hopkins University Financial Mathematics Baltimore, MD | 2.7 | n/a | n/a | $91,736 | $151,233 | 58 FT | |
| NR* | Rutgers University Mathematical Finance New Brunswick, NJ | 2.8 | n/a | n/a | n/a | $56,129 (non-resident) $33,869 (resident) | 10 FT, 1 PT | |
| NR* | University of North Carolina at Charlotte Mathematical Finance Charlotte, NC | 2.2 | 62% | 81% | $87,182 | $41,720 (non-resident) $21,569 (resident) | 17 FT, 5 PT |
Visit https://quantnet.com/mfe-programs-rankings/ to find out more about eligible STEM degree as designated by DHS for the OPT purpose.
* Programs that did not provide placement data or salary information meeting a minimum threshold were denoted as NR (not ranked).
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