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The 2009 QuantNetwork Ranking of Financial


Engineering/Mathematical Finance MS Programs
The 2009 QuantNetwork Ranking of Financial Engineering/Mathematical Finance MS Programs located in North
America (US and Canada) is based on publicly available data from Xmarks, and uses a proprietary analysis
algorithm* developed by QuantNetwork.

The same algorithm was used to rank US Business Schools. The resulting 2009 QuantNetwork Ranking of
Business Schools is in line with the 2009 US News and World Report Ranking, the 2008 Business Week Ranking,
and the 2009 Forbes Ranking of Business Schools.

The QuantNetwork Ranking is significantly closer to the 2009 US News and World Report Ranking than the other
two rankings, suggesting that a ranking of Financial Engineering / Mathematical Finance MS Programs done
according to the US News and World Report methodology would result in a ranking similar to the 2009
QuantNetwork Ranking of Financial Engineering / Mathematical Finance MS Programs.

Methodology

Notes: 23 programs were ranked. The results are reported in groups of five: 1-5, 6-10, 11-15, 16-20, and
21-23, listing the programs alphabetically by school within each group

Rank School Program Tuition** Type Duration

Carnegie Mellon
MS, Computational Finance
1-5 University wiki discuss this program
$73,800 FT/PT 1.5 years
Pittsburgh, PA
Columbia University MS, Financial Engineering
1-5 New York, NY wiki discuss this program
$47,160 FT 1 year

Princeton University MS, Finance


1-5 Princeton, NJ wiki discuss this program
$73,220 FT 2 years

Stanford University MS, Financial Mathematics


1-5 Stanford, CA wiki discuss this program
$37,380 FT 1 year

University of Chicago MS, Financial Mathematics


1-5 Chicago, IL wiki discuss this program
$44,892 FT/PT 1 year

Baruch College, City $11,040 (in-


MS, Financial Engineering state)
6-10 University of New York
wiki discuss this program $20,700 (out-
FT/PT 1.5 years
New York, NY of-state)
MA, Mathematics of
Columbia University
6-10 New York, NY
Finance $35,032 FT/PT 1 year
wiki discuss this program

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QuantNetwork - Financial Engineering Forum - QuantNetwork Ranking of Financial Engineering/Mathematical Finance MS Programs 9/25/09 10:55 AM

Cornell University MEng, FE concentration


6-10 Ithaca, NY wiki discuss this program
$37,050 FT 1.5 years

MS, Mathematics in
New York University
6-10 New York, NY
Finance $45,972 FT/PT 1.5 years
wiki discuss this program
University of California at
MS, Financial Engineering
6-10 Berkeley wiki discuss this program
$50,402 FT 1 year
Berkeley, CA
11- Boston University MS, Mathematical Finance
$37,910 FT/PT 1 year
15 Boston, MA wiki discuss

$15,561 (in-
Georgia Institute of MS, Quantitative and
11- Technology Computational Finance
state)
FT/PT 1.5 years
15 Atlanta, GA wiki discuss
$50,313 (out-
of-state)
North Carolina State $11,984 (in-
11- University
MS, Financial Mathematics state)
FT/PT 2 years
15 Raleigh, NC
wiki discuss $36,084 (out-
of-state)
University of Illinois at
11- MS, Finance
Urbana-Champaign $40,255 FT 1 year
15 Champaign, IL
wiki discuss

$30,348 (in-
11- University of Michigan MS, Financial Engineering state)
FT 1.5 years
15 Ann Arbor, MI wiki discuss $56,502 (out-
of-state)
Claremont Graduate
16- MS, Financial Engineering
School $59,427 FT/PT 1.5 years
20 Claremont, CA
wiki discuss

$29,052 (in-
16- Rutgers University MS, Mathematical Finance state)
FT/PT 1.5 years
20 New Brunswick, NJ wiki discuss $44,640 (out-
of-state)
$42,080 (in-
16- Rutgers University MS, Quantitative Finance state)
FT/PT 2 years
20 Newark, NJ wiki discuss $69,364 (out-
of-state)
University of Southern
16- MS, Financial Engineering
California $35,784 FT/PT 1 year
20 Los Angeles, CA
wiki discuss

16- University of Toronto MS, Mathematical Finance


CAD 37,000 FT 1 year
20 Toronto, Canada wiki discuss

$25,304 (in-
21- Florida State University MS, Financial Mathematics state)
FT/PT 2 years
23 Tallahassee, FL wiki discuss $74,548 (out-
of state)
$21,552 (in-
21- Kent State University MS, Financial Engineering state)
FT 1 year
23 Kent, OH wiki discuss $32,070 (out-
of-state)
$17,276 (in-
MS, Specialization in
21- Purdue University state)
Computational Finance FT 2 years
23 West Lafayette, IN
wiki discuss
$48,660 (out-
of-state)

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QuantNetwork - Financial Engineering Forum - QuantNetwork Ranking of Financial Engineering/Mathematical Finance MS Programs 9/25/09 10:55 AM

About QuantNetwork
Established in 2006, QuantNetwork is a financial engineering news organization, primarily geared toward financial
engineering education.

QuantNetwork is the top destination for prospective students seeking information and advice about pursuing
graduate studies in financial engineering. With a rapidly growing membership worldwide, QuantNetwork works with
educational and professional partners to provide its members with career and study opportunities in the field of
financial engineering.
_____________________________________________________________________________
* Patent pending
** Tuition is for the entire program as of September 2009

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