Baruch College’s Master of Financial Engineering Program Secures #3 Spot in Global Ranking
Places #1 among Public InstitutionsFebruary 13, 2020
Baruch Undergraduate Student Team at the UChicago Algo Trading Competition
The Master of Financial Engineering (MFE) program at Baruch College’s Weissman School of Arts and Sciences is receiving recognition for excellence on a global level, placing #3 on Risk.net’s ranking of the world’s leading quant masters programs.
Among public institutions, Baruch ranks #1 on the “Quant Finance Master’s Guide 2020” ranking. Baruch was behind only Princeton University and New York University among all private and public schools.
“Being ranked in the top three worldwide is another acknowledgement of our highly successful Baruch MFE alumni and student community,” said Dan Stefanica, PhD, co-director of Baruch’s MFE program. “This ranking is a continued reflection of the success of our students on the job market and their competitions wins. Our students won the RITC trading competition in 2017, 2016 and 2012, the Citadel Datathon in 2018 and the IAQF competition in 2017, 2016 and 2015.”
Risk.net’s top 25 ranking featured 15 programs from the United States, eight European institutions, and two institutions from Canada.
High Employment Rate for Baruch MFE Graduates
In Risk.net’s profile of Baruch College, Professor Stefanica reports that students who successfully complete the MFE degree can expect to join an asset manager or new-wave financial technology company just as much as a traditional investment bank.
Stefanica added that career paths for recent graduates have changed, as a “majority now take on positions in buy-side firms, and 15 to 20 percent are snapped up by fintechs.”
Earlier this year, QuantNet ranked the College’s MFE program #2. Baruch has reigned over this ranking—considered the most comprehensive classification to date of master’s programs in financial engineering and mathematical finance—placing either #1 or #2 in five consecutive years.
Methodology
Risk.net evaluated 50 global higher education institutions and ranked the top 25 based on a program’s selectivity, research power, and faculty’s links with the financial industry. Risk.net gives particular weight to average graduate salaries and strong graduate employment rates. See the ranking methodology for a complete breakdown.
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