2019 QuantNet Rankings of Financial Engineering (MFE) Programs

[Andy Nguyen]

We are pleased to announce the release of our QuantNet 2019 Rankings of Financial Engineering programs, to be available online at 9AM EST on Dec 4th.
New and improved, the 2019 rankings will include several new programs and focus entirely on US-based programs.
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[Andy Nguyen]

The QuantNet 2019 Rankings of Financial Engineering programs is now available online. You access the rankings at the link below

2024 QuantNet Ranking of Best Financial Engineering Programs

The 2024 QuantNet MFE ranking is the most authoritative and comprehensive ranking of best Financial Engineering (MFE), Mathematical Finance programs in the continental USA.

quantnet.com

 

[Michsund]

Hey, @Andy Nguyen can we release the acceptance rates of the programs as they are used to rank the schools, but we dont have access to all of them?

 

[Piddox]

So after all these years, when are you planning to add non-US universities to this list?

 

[Andrew Burns]

It's sort of a kludgy list beyond the first number in top-10. Many on list simply because the "offer" a program. So as go down list, IMO because less a ranking and more a ... "hey look! we offer a program in CompFin".

 

[Michsund]

Sort of true, but a few are good. UCLA has been doing better and Fordham has been doing well as well. Fordham has one of the highest salaries with a 3 month employment rate of 90%. Not sure if jobs are front office, but there programs seems strong to me. Where as MIT has an avarage salary of 78k and employment rate of 75 and ranked at 9.

 

[TehRaio]

Would it be possible to have the pre-admission average years of experience?

 

[IntoDarkness]

no surprise, still the same bunch of programs on top
moral of the ranking, didn't get into top programs? don't bother

 

[Ryan Shrott]

No Canadian schools?

 

[Michsund]

No Canadian schools?

It’s only contential US.

 

[Michsund]

no surprise, still the same bunch of programs on top
moral of the ranking, didn't get into top programs? don't bother

Well I would say top 16 are good not just the top few. Seems like you can get your foot through the door from many of the top 16. From there it’s on you to showcase your skills.

 

[Paul Swan]

Hey guys! @Andy Nguyen can you please tell where the MIT MFin statistics comes from? Could not find the recent one and latest one on the webpage states the employment rate of 92.5%

 

[Gao Yufei]

seems a little bit lower for uiuc's ranking....

 

[umqfrm]

Hey guys! @Andy Nguyen can you please tell where the MIT MFin statistics comes from? Could not find the recent one and latest one on the webpage states the employment rate of 92.5%

The employment data in their report is for students graduating in February and June of 2017, while the 92.5% figure is their employment as of June 2018 (12 to 16 months post-graduation).

 

[Paul Swan]

The employment data in their report is for students graduating in February and June of 2017, while the 92.5% figure is their employment as of June 2018 (12 to 16 months post-graduation).

Gotcha, but where does post-graduation data in statistics comes from then?

 

[umqfrm]

Gotcha, but where does post-graduation data in statistics comes from then?

The programs provide it to Quantnet via a survey sent out in the fall.

 

[Paul Swan]

The programs provide it to Quantnet via a survey sent out in the fall.

Thanks, got it

 

[Andy Nguyen]

So after all these years, when are you planning to add non-US universities to this list?

That's something we will look into. It makes more sense for us to do specific regional rankings which is why we decided to do US-only programs this year instead of including Canadian programs as in the past.

 

[Michsund]

That's something we will look into. It makes more sense for us to do specific regional rankings which is why we decided to do US-only programs this year instead of including Canadian programs as in the past.

How about admissions rates used for rankings, will those be available?

 

[Onegin]

Sort of true, but a few are good. UCLA has been doing better and Fordham has been doing well as well. Fordham has one of the highest salaries with a 3 month employment rate of 90%. Not sure if jobs are front office, but there programs seems strong to me. Where as MIT has an avarage salary of 78k and employment rate of 75 and ranked at 9.

Important to keep in mind that experience is a major factor in salary level. MIT MFIN is targeted specifically as an "early career" program; Fordham (anecdotally- I have no evidence), has more experiecned graduates. It might be useful to normalize salary w/ years experience, but that might be too nerdy even for us. @Andy Nguyen - would it be useful to break out "early career programs" as a variable?