When it comes to Financial Engineering, Quantnet is the go to resource. The owner, Andy Nguyen, created Quantnet years ago with the goal of making it the number one place to go for anything related to the financial engineering degree. Himself a graduate of the Baruch MFE program has far exceeded this goal. His forum and annual ranking are invaluable to students and financial engineering professionals.
This year Andy wanted to take this ranking to a new level with transparency to allow students to see the inputs that make up the ranking. I think this is great as students weight things differently and by allowing them to see the various inputs, they can decide is maybe a lower ranked program is a better fit.
The top 10 MFE programs for 2018 are as follows:
- Baruch College, City University of New York (tie #1)
- University of California, Berkeley (tie #1)
- Carnegie Mellon (tie for #3)
- Columbia University (Financial Engineering) (tie for #3)
- Princeton University
- New York University
- Columbia University (Mathematics of Finance) (tie for #7)
- Cornell University (tie for #7)
- University of Chicago
- Georgia Institute of Technology
The list continues and I will provide a link for it in its entirety below. Some great names listed above, with Baruch continuing to rank as one of the top programs in the US.
For anyone trying to decide between MSF and MFE programs, I hope this helps you in your process. The MFE is a great degree and growing in demand as the financial industry becomes ever more complex.