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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
1-5 Carnegie Mellon University
Pittsburgh, PA MS, Computational Finance
wiki  discuss this program $73,800 FT/PT 1.5 years
1-5 Columbia University
New York, NY MS, Financial Engineering
wiki  discuss this program $47,160 FT 1 year
1-5 Princeton University
Princeton, NJ MS, Finance
wiki  discuss this program $73,220 FT 2 years
1-5 Stanford University
Stanford, CA MS, Financial Mathematics
wiki  discuss this program $37,380 FT 1 year
1-5 University of Chicago
Chicago, IL MS, Financial Mathematics
wiki  discuss this program $44,892 FT/PT 1 year
6-10 Baruch College, City University of New York
New York, NY MS, Financial Engineering
wiki  discuss this program $11,040 (in-state)
$20,700 (out-of-state) FT/PT 1.5 years
6-10 Columbia University
New York, NY MA, Mathematics of Finance
wiki  discuss this program $35,032 FT/PT 1 year
6-10 Cornell University
Ithaca, NY MEng, FE concentration
wiki  discuss this program $37,050 FT 1.5 years
6-10 New York University
New York, NY MS, Mathematics in Finance
wiki  discuss this program $45,972 FT/PT 1.5 years
6-10 University of California at Berkeley
Berkeley, CA MS, Financial Engineering
wiki  discuss this program $50,402 FT 1 year
11-15 Boston University
Boston, MA MS, Mathematical Finance
wiki  discuss $37,910 FT/PT 1 year
11-15 Georgia Institute of Technology
Atlanta, GA MS, Quantitative and Computational Finance
wiki  discuss $15,561 (in-state)
$50,313 (out-of-state) FT/PT 1.5 years
11-15 North Carolina State University
Raleigh, NC MS, Financial Mathematics
wiki  discuss $11,984 (in-state)
$36,084 (out-of-state) FT/PT 2 years
11-15 University of Illinois at Urbana-Champaign
Champaign, IL MS, Finance
wiki  discuss $40,255 FT 1 year
11-15 University of Michigan
Ann Arbor, MI MS, Financial Engineering
wiki  discuss $30,348 (in-state)
$56,502 (out-of-state) FT 1.5 years
16-20 Claremont Graduate School
Claremont, CA MS, Financial Engineering
wiki  discuss $59,427 FT/PT 1.5 years
16-20 Rutgers University
New Brunswick, NJ MS, Mathematical Finance
wiki  discuss $29,052 (in-state)
$44,640 (out-of-state) FT/PT 1.5 years
16-20 Rutgers University
Newark, NJ MS, Quantitative Finance
wiki  discuss $42,080 (in-state)
$69,364 (out-of-state) FT/PT 2 years
16-20 University of Southern California
Los Angeles, CA MS, Mathematical Finance
wiki  discuss $34,500 FT 1.5 year
16-20 University of Toronto
Toronto, Canada MS, Mathematical Finance
wiki  discuss CAD 37,000 FT 1 year
21-23 Florida State University
Tallahassee, FL MS, Financial Mathematics
wiki  discuss $15,552 (in-state)
$45,876 (out-of-state) FT/PT 2 years
21-23 Kent State University
Kent, OH MS, Financial Engineering
wiki  discuss $21,552 (in-state)
$32,070 (out-of-state) FT 1 year
21-23 Purdue University
West Lafayette, IN MS, Specialization in Computational Finance
wiki  discuss $17,276 (in-state)
$48,660 (out-of-state) FT 2 years


About QuantNetwork
Established in 2005, 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.