Baruch College Ranks #1 as Best Financial Engineering Program in U.S.
Secures top spot for fourth consecutive yearDecember 13, 2023
Once again, Baruch College ranks as the nation’s best financial engineering program, marking four years running in the #1 position.
On QuantNet’s “2024 Best Financial Engineering Programs” list, Baruch’s Master of Financial Engineering (MFE) program—housed in the Weissman School of Arts and Sciences—placed ahead of Princeton, Carnegie Mellon, UC Berkeley, and Columbia University.
Earlier this year, Baruch was ranked the best of its kind in the world, according to the leading business publication Risk.net.
“We are extremely pleased our program continues to be recognized nationally for providing students with an outstanding curriculum and great academic experience that propels them towards professional success,” said Dan Stefanica, Co-Director of the MFE program at Baruch College. “The support of the entire Baruch community is quintessential for our students and alumni to be among the best in this field. They are kindly giving back and work tirelessly toward growing the reputation of Baruch College students in the financial industry in New York and beyond!”
100 Percent Job Placements and High Earnings
QuantNet’s annual ranking, which is considered the most authoritative and comprehensive classification for determining the nation’s best financial engineering and mathematical finance programs, surveyed institutions on admission, career services information, and job placement. Baruch recorded the highest peer score of any program.
Along with a 100 percent job placement rate before graduation, the average compensation for the most recent cohort is an all-time high of $228,000.
Graduates have landed full-time jobs or internships at top finance services companies such as AQR, AXQ Capital, Balyasny Asset Management, Citadel, Goldman Sachs, Jefferies, Millennium, Point72, Quantbot, Seven Eight Capital, Squarepoint Capital, Verition, and Virtu Financial.
Apart from top global and national rankings, Baruch’s MFE program had garnered additional recognition. For the fourth consecutive year, and seventh time overall, Baruch MFE students claimed victory at the most recent Rotman International Trading Competition — finishing in first place and establishing a new all-time scoring record.
About Baruch’s MFE Program
The Baruch MFE program is a STEM-designated program that produces competitive, successful, and highly skilled practitioners by promoting the study of mathematical and algorithmic models in finance.
Learn more about the program, student academic success, and alumni testimonials.
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