Quant Finance Master’s Guide 2023
Quant Finance Master’s Guide 2023
Rankings are assigned to the top 25 universities.
Return to main coverage Methodology Feedback| Rank | University/institution | Programme title | Class size | Acceptance rateiPercentage of applicants who receive offers | Students acceptingiPercentage of students who accept offers | Students/lecturersiAverage number of students per lecturer | Industry lecturers | Lecturers’ citations | Employment rate | Salary |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Baruch College, City University of New York | Master of Financial Engineering | 16 | 8% | 93% | 1.47 | 59% | 6,024 | 100% | $148,947 |
| 2 | Princeton University (Bendheim Center for Finance) | Master in Finance | 24 | 5% | 71% | 0.62 | 21% | 66,683 | 100% | $119,000 |
| 3 | University of California, Berkeley (Haas School of Business) | Master of Financial Engineering | 78 | 19% | 75% | 2.18 | 18% | 34,779 | 97% | $150,190 |
| 4 | North Carolina State University | Master’s in Financial Mathematics | 25 | 17% | 87% | 1.46 | 21% | 21,244 | 100% | $118,500 |
| 5 | New York University (Courant Institute of Mathematical Sciences) | MS in Mathematics in Finance | 45 | 22% | 53% | 1.43 | 95% | 8,543 | 98% | $103,000 |
| 6 | Columbia University (Columbia Engineering) | MS in Financial Engineering | 95 | 11% | 98% | 1.76 | 39% | 9,949 | 99% | $112,853 |
| 7 | ETH Zurich/University of Zurich | Master of Science in Quantitative Finance | 40 | 17% | 54% | 0.65 | 53% | 31,769 | 100% | $100,520 |
| 8 | Paris-Sorbonne University/Ecole Polytechnique | Master’s in Probability and Finance | 70 | 15% | 97% | 1.89 | 19% | 10,918 | 83% | $143,331 |
| 9 | Imperial College London | MSc in Mathematics and Finance | 48 | 12% | 43% | 2.53 | 42% | 8,712 | 85% | $140,056 |
| 10 | Columbia University | Master of Arts in Mathematics of Finance | 104 | 19% | 61% | 1.91 | 45% | 28,729 | 99% | $105,624 |
| 11 | Carnegie Mellon University | Master of Science in Computational Finance | 50 | 22% | 52% | 4.8 | 25% | 12,451 | 99% | $112,667 |
| 12 | Georgia Institute of Technology | Master of Science in Quantitative and Computational Finance | 69 | 32% | 35% | 2.07 | 13% | 25,870 | 100% | $121,224 |
| 13 | University of Toronto | Master of Mathematical Finance | 32 | 16% | 53% | 1.68 | 53% | 5,687 | 93% | $98,093 |
| 14 | Cornell University | Master in Engineering with Financial Engineering Concentration | 40 | 22% | 32% | 1.63 | 39% | 23,177 | 98% | $101,000 |
| 15 | Technical University of Munich | Mathematical Finance and Actuarial Science | 25 | 32% | 47% | 2.86 | 36% | 12,703 | 100% | $89,409 |
| 16 | University of Chicago | Master in Financial Mathematics | 110 | 26% | 37% | 5.05 | 60% | 96% | $107,124 | |
| 17 | Paris-Saclay University | Master of Quantitative Finance | 30 | 20% | 68% | 1.47 | 47% | 3,613 | 95% | $75,096 |
| 18 | University of California, Los Angeles (Anderson School of Management) | Master of Financial Engineering | 80 | 36% | 49% | 5.18 | 24% | 31,864 | 98% | $106,790 |
| 19 | Paris-Diderot University | M2 Random Modelling, Finance and Data Science | 50 | 29% | 64% | 1.64 | 21% | 10,728 | 95% | $88,044 |
| 20 | University of Washington | MS Computational Finance and Risk Management | 52 | 44% | 47% | 2.26 | 52% | 18,121 | 86% | $95,500 |
| 21 | University of Waterloo | Master of Quantitative Finance | 30 | 27% | 53% | 0.94 | 0% | 23,458 | 85% | $92,643 |
| 22 | EPFL | Master’s in Financial Engineering | 51 | 30% | 54% | 1.84 | 5% | 26,695 | 88% | $89,985 |
| 23 | University College London | Computational Finance MSc | 66 | 21% | 47% | 2.86 | 36% | 9,002 | 94% | $69,870 |
| 24 | Rutgers University | Master’s in Financial Statistics and Risk Management | 15 | 75% | 67% | 0.55 | 25% | 18,347 | 89% | $78,667 |
| 25 | Polimi Graduate School of Management | International Master in Financial Risk Management | 20 | 90% | 74% | 0.83 | 58% | 98% | $47,986 | |
| n/a | Vienna University of Economics and Business | Master’s program Quantitative Finance | 59 | 36% | 67% | 1.57 | 33% | 16,250 | 100% | $68,740 |
| n/a | University of Oxford | MSc in Mathematical and Computational Finance | 42 | 13% | 55% | 3.82 | 18% | 12,080 | 73% | $108,878 |
| n/a | University College London | Financial Risk Management MSc | 66 | 18% | 39% | 2.36 | 36% | 8,777 | 97% | $57,100 |
| n/a | Fordham University (Gabelli School of Business) | Master of Science in Quantitative Finance | 16 | 47% | 25% | 1 | 50% | 992 | 83% | $98,382 |
| n/a | Monash University | Master of Financial Mathematics | 20 | 35% | 49% | 0.86 | 32% | 7,082 | 88% | $68,306 |
| n/a | University of St Gallen | Master’s in Quantitative Economics and Finance | 30 | 66% | 86% | 0.57 | 14% | 90% | $69,534 | |
| n/a | University of Bologna (Alma Mater Studiorum) | Second-cycle Degree/Two-year Master in Quantitative Finance | 23% | 77% | 1.29 | 23% | 6,687 | 92% | $48,697 | |
| n/a | Chinese University of Hong Kong, Shenzhen | Master of Science in Financial Engineering | 91 | 18% | 72% | 3.41 | 15% | 33,949 | 93% | $56,522 |
| n/a | Boston University (Questrom School of Business) | MS in Mathematical Finance and Financial Technology | 50 | 49% | 23% | 5.88 | 29% | 5,950 | 95% | $88,640 |
| n/a | Stony Brook University (SUNY) | Quantitative Finance MS | 45 | 58% | 41% | 5.8 | 20% | 15,800 | 85% | $95,000 |
| n/a | University of Illinois at Urbana-Champaign | Master of Science in Financial Engineering | 27 | 63% | 22% | 0.89 | 17% | 28,453 | 78% | $95,329 |
| n/a | Stevens Institute of Technology | Master’s in Financial Engineering | 20 | 90% | 32% | 1.02 | 33% | 4,664 | 83% | $87,403 |
| n/a | KU Leuven | Master of Science in Actuarial and Financial Engineering | 65 | 33% | 18% | 1.09 | 16% | 20,211 | 55% | $94,125 |
| n/a | University of York | MSc Mathematical Finance | 41 | 81% | 45% | 6.88 | 0% | 2,744 | ||
| n/a | Rutgers University | Master’s in Mathematical Finance | 13 | 29% | 33% | 1.08 | 38% | 841 | 64% | $84,004 |
| n/a | City, University of London (Bayes Business School) | Financial Mathematics MSc; Mathematical Trading and Finance MSc; Quantitative Finance MSc | 33 | 42% | 33% | 1.83 | 13% | 2,705 | 83% | $56,791 |
| n/a | University of Florence | MSc in Finance and Risk Management | 60 | 27% | 61% | 6.27 | 23% | 1,704 | 82% | $52,348 |
| n/a | University of Warwick | MSc in Mathematical Finance | 28 | 28% | 2 | 0% | 75% | $74,928 | ||
| n/a | Johns Hopkins University | Financial Mathematics MSE | 65 | 33% | 18% | 1.09 | 16% | 20,211 | 55% | $94,125 |
| n/a | Lehigh University | MS in Financial Engineering | 13 | 49% | 41% | 1.56 | 0% | 29,671 | 78% | $93,654 |
| n/a | City University of Hong Kong | MSc Financial Engineering | 65 | 15% | 55% | 4.23 | 23% | 3,807 | 37% | |
| n/a | Collegio Carlo Alberto, University of Turin | Master in Finance, Insurance and Risk Management | 20 | 34% | 89% | 0.47 | 53% | 5,917 | 98% | |
| n/a | University of Technology Sydney | Master of Quantitative Finance | 15 | 48% | 75% | 5.75 | 0% | 181 | 98% | |
| n/a | University of Amsterdam | Master’s in Stochastics and Financial Mathematics | 17 | 51% | 49% | 1.13 | 27% | 425 | 100% |