2011 Ranking of Financial Engineering

Programs
NEW YORK, September 19th, 2011 - The 2011 Quantnet ranking is the most comprehensive
ranking to date of master programs in Financial Engineering (MFE), Mathematical Finance in
North America. Quantnet surveyed program administrators, hiring managers to get the
information used in the 2011 ranking.
TUITION
RANK
UNIVERSITY
PROGRAM
TYPE DURATION
FOR DEGREE
Carnegie Mellon
University
Computational Finance $73,800
FT/PT 1.5 years
1
Pittsburgh, PA
Princeton University
Master in Finance
$77,240
FT
2 years
2
Princeton, NJ
Columbia University
Financial Engineering $52,992
FT
1 year
3
New York, NY
New York University
Mathematics in
$49,752
FT/PT 1.5 years
4
New York, NY
Finance
$21,315 (inBaruch College, City
state)
University of New York Financial Engineering
FT/PT 1.5 years
5
$32,040 (out-ofNew York, NY
state)
Stanford University
Financial Mathematics $53,400
FT
1 year
6
Stanford, CA
University of California,
Berkeley
Financial Engineering $54,950
FT
1 year
6
Berkeley, CA
Columbia University
Mathematics of
$38,614
FT/PT 1 year
8
New York, NY
Finance
Cornell University
MEng, FE
$61,987
FT
1.5 years
9
Ithaca, NY
concentration
Massachusetts Institute
of Technology
Master of Finance
$73,800
FT
1 year
10
Cambridge, MA
University of California,
Los Angeles
Financial Engineering $51,500
FT
1 year
10
Los Angeles, CA
$29,052 (inRutgers University
state)
Mathematical Finance
FT/PT 1.5 years
12
New Brunswick, NJ
$49,648 (out-ofstate)
University of Chicago
Financial Mathematics $44,892
FT/PT 1 year
12

RANK

UNIVERSITY

PROGRAM

TUITION
TYPE DURATION
FOR DEGREE

Chicago, IL

14

Georgia Institute of
Technology
Atlanta, GA

$15,561 (inQuantitative and

state)
FT/PT 1.5 years
Computational Finance $50,313 (out-ofstate)

14

University of Toronto
Toronto, Canada

Mathematical Finance CAD 40,000

FT

1 year

$32,769 (inUniversity of Michigan

state)
Financial Engineering
FT
1.5 years
16
Ann Arbor, MI
$61,002 (out-ofstate)
Boston University
Mathematical Finance $58,971
FT/PT 1.5 years
17
Boston, MA
NYU-Poly
Financial Engineering $43,446
FT/PT 1.5 years
17
Brooklyn, NY
$15,668 (inNorth Carolina State
state)
University
Financial Mathematics
FT/PT 2 years
19
$39,764 (out-ofRaleigh, NC
state)
Claremont Graduate
University
Financial Engineering $75,888
FT/PT 1.5 years
20
Claremont, CA
Illinois Institute of
Technology
Mathematical Finance $49,104
FT/PT 2 years
21
Chicago, IL
$21,552 (inKent State University
state)
Financial Engineering*
FT
1 year
22
Kent, OH
$32,070 (out-ofstate)
*Discontinued as of 2012.
https://www.quantnet.com/pages/mfe-programs-rankings/