Baruch College Ranks #2 in QuantNet’s 2020 Best Financial Engineering Programs
January 9, 2020
Baruch College’s Master of Financial Engineering (MFE) program at the Weissman School of Arts and Sciences continues to earn high marks for academic excellence and alumni success ranking #2 on QuantNet’s 2020 list of the “Best Financial Engineering Programs.”
Baruch College’s Master of Financial Engineering (MFE) program at the Weissman School of Arts and Sciences continues to earn high marks for academic excellence and alumni success ranking #2 on QuantNet’s 2020 list of the “Best Financial Engineering Programs.”
Among public institutions, Baruch ranked #1.
Over the last five years, Baruch has dominated the first or second spot in the QuantNet rankings, which is considered the most comprehensive classification to date of master’s programs in financial engineering and mathematical finance.
“Being ranked either first (2018 and 2017) or second (2020, 2019, and 2016) in the past five years is a continued reflection of the success of our Baruch MFE students on the job market, their wins at trading competitions, and of a continually updated and relevant curriculum,” said Dan Stefanica, PhD, co-director of the program. “We are proud of our students and alumni and of their achievements.”
To compile the rankings, QuantNet surveyed 33 MFE programs in the U.S. on admission, placement, and career services information. Baruch finished behind only Princeton University and placed ahead of prominent institutions like Carnegie Mellon University, Columbia University, University of California, Berkley, and New York University.
‘Strong Practical and Technical Training’
When profiling Baruch College, QuantNet indicated how the institution’s MFE program has “transformed over the years from theoretical, mathematical focused into a practical, computational focused with many new cutting-edge courses being offered as a result of suggestions from its alumni, teaching adjuncts and industry connections.”
QuantNet added that Baruch’s MFE program is known today for “providing its graduates a very strong practical and technical training.”
According to the 2017-2019 Baruch MFE employment report, Baruch MFE graduates earn jobs at top financial employers such as Barclays, Citadel, UBS, Jefferies, Morgan Stanley, and State Street in respective positions as a commodities quantitative analyst, data scientist, index flow trader, junior trader, and quantitative alpha researcher.
The Wall Street Journal recently published an article highlighting a new survey from Baruch College’s financial engineering program which found that recent graduates earn a higher salary working at hedge funds rather than being employed at banks.
Learn more about the Baruch MFE program, student academic success, and alumni testimonials here.
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