QuantNet has finally released the 2020 ranking of the nation's financial engineering programs!
Princeton Financial remains at the top again this year, NYU Tandon edges out MIT, and JHU's Financial Mathematics jumps up 4 spots!
This year, QuantNet ranked over 30 financial engineering, financial mathematics, and quantitative finance programs, evaluating them on admissions, employment, and career services.
2020 Complete Latest Rankings
Princeton University's Master in Finance remains No. 1 again, with Baruch College's Financial Engineering program ranking second.
Carnegie Mellon University's MSCF and Columbia University's MFE both moved up one spot, surpassing UC Berkeley's MFE.
NYU Tandon School of Engineering's MFE program surpassed MIT's Master of Finance this year, firmly placing in the Top 10. Since entering the list last year, JHU's Financial Mathematics has risen 4 places to rank 17th.
Here are the specific rankings:
Ranking Criteria
Peer Assessment (20%)
Employment Success (55%)
- Graduate Employment Rate (10%)
- Employment Rate Three Months After Graduation (15%)
- Average Starting Salary and Signing Bonus (20%)
- Employer Satisfaction (10%)
Student Selectivity (25%)
- GRE Scores (15%)
- Undergraduate GPA (7.5%)
- Program Acceptance Rate (2.5%)
Significance of the QuantNet Ranking
The QuantNet ranking has always been crucial guidance for financial engineering students, especially those planning to work in the U.S. for some time.
Taking NYU Tandon as an example, according to the latest graduate placement data from the school:
- Average annual salary of students: $91,434
- Graduate employment rate: 73%
- Employment rate within 90 days of graduation: 86%
We can also see that in the statistics of companies where graduates are employed, besides top U.S. firms like Goldman Sachs, JP Morgan, and Bloomberg, well-known Chinese state-owned enterprises such as Alibaba, CICC, and Bank of China are also prominently listed.
Excellent programs can lead to great employment prospects and return on investment. With employment success carrying the greatest weight, the QuantNet ranking allows MFE applicants who focus on employment to make more suitable program choices based on the ranking.
In recent years, the number of MFE applicants has continued to increase, and admission requirements have gradually risen. For MFE program applications, CheersYou（清柚教育） recommends: apply early!
Having a sharp eye when selecting schools and programs is very important; you must be good at recognizing the highlights and prospects of each program to win in the future.
For more information on prestigious U.S. MFE programs and any other questions about studying abroad applications, feel free to click the customer service icon in the lower right corner to consult a CheersYou（清柚教育） advisor!
