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2022 Best Colleges for Financial Mathematics

college icon

400

Graduates Per Year

money icon

$64K

Average Salary

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#298

Most Popular Major

Popularity

Somewhat Unpopular

400

94% NATIONAL AVG

Diplomas Received Last Year

36

81% NATIONAL AVG

Colleges Offering this Degree

Most Popular Degrees

298

Financial Mathematics

400

299

Russian Language and Literature

395

Cost

Expensive

$43,967

38% NATIONAL AVG

Median Degree Cost

Most Expensive Degrees

67

Ecology and Evolutionary Biology

$44,064

68

Financial Mathematics

$43,967

69

Japanese Studies

$43,803

Picture of the author

TOP

50

Salary

Very High Salary

$58,116

50% NATIONAL AVG

Average Salary Two Years Out of School

Average Salary

41

Applied Mathematics

$58,116

42

Financial Mathematics

$58,116

43

Computational Mathematics

$58,116

Professors

Students

Average Diversity

3.6/5

0.12% NATIONAL AVG

Student Diversity Index

Most Diverse

223

Natural Resources and Conservation

224

Financial Mathematics

225

Acting

SUMMARY

Choosing to study Financial Mathematics is a valuable choice and ordinarily an essential first step for undergrads wanting to begin a career as a portfolio manager, an internal revenue officer, or a trading floor analyst. In fact, financial mathematics is an uncommon degree being the 298th most popular degree. Last year, there were 400 financial mathematics graduates. In-state tuition for financial mathematics at private schools is, on average, 4.1 times more spendy than their public rivals.

With just 36 institutions offering this degree you might have limited options as to the institutions you can choose from. If you're hoping to immerse yourself with other financial mathematics students, look at universities in California which have the most students admitted to financial mathematics annually. More generally, the best region to get a degree in financial mathematics is in the Far West region with University of California-Los Angeles, University of Southern California, and University of Portland best representing the region. Interestingly, our selection of the top conference to major in financial mathematics is the Pacific-12 Conference with University of California-Los Angeles representing the conference. Based on our extensive list of the best colleges, our choice for the best college for financial mathematics is Massachusetts Institute of Technology.

The objectively best school is not necessarily the best school for you. There can be lots more factors to consider when deciding on school. External stuff such as campus amenities, transportation services, and food could definitely modify your choice of where to go to university. Here at Authority, we have evaluated the pros and cons for you. If, for example, you want to know which financial mathematics college boasts the top campus, the answer is University of California-Los Angeles. If you are very interested in which university boasts the best campus, we have a whole list dedicated to that. We have carefully pored through student reviews, professor reviews, government databases, and more in order to compare each major in an unbiased and informative way. Here you can explore our well researched list for the schools with the best student life and, from that list, our choice of the university with the best student life for financial mathematics is Massachusetts Institute of Technology. Curious why? Continue reading to find out more about Authority's top recommendations. Many of our decisions will probably shock you.

If cost is a primary deciding factor in your decisions, you might consider avoiding University of Southern California. University of Southern California appears to be the most expensive college for financial mathematics, at least regarding out of state students. That being said, we have a page for the most expensive universities that could put the cost of University of Southern California into perspective. You may also care to know that financial mathematics is the 68th most expensive degree in the United States, with an average bill of $44,000. To zoom out a little, the most expensive state for financial mathematics on our list is Pennsylvania demonstrated by a cost of $55,816 at Carnegie Mellon University. To zoom out even further, the most costly region for financial mathematics is the Far West region which is best demonstrated with University of Southern California with a cost of $57,256, University of Portland with a cost of $47,478, and Whitman College with a cost of $53,420.

Our cheapest region for financial mathematics is the Southeast region which is represented by University of Kentucky with a cost of $29,331. On the bright side, the most affordable university for financial mathematics is CUNY Bernard M Baruch College. Authority.org's full list of the most affordable universities can be explored here.

In-state students can anticipate paying around $12,400 for a degree in financial mathematics. That price balloons by a lot to a median of $31,200 for an out-of-state public-school student. Our pick for the university constituting the best value for financial mathematics: Massachusetts Institute of Technology. Through this link you can see our comprehensive list on the universities we see as being the best value in general. That being said, this section is predicated on the assumption that you are an out-of-state student. The value proposition changes when it comes to in-state tuition, but as we do not know what state(s) you might qualify for in-state tuition, we are approaching this discussion through out-of-state tuition costs.

Earnings for financial mathematics students vary a lot, but two-years after leaving college graduates will often earn around $63,900. While there can be a lot of variation in earnings; highest paid earners can rake in up to $133,700. Even right out of school, the minimum earning jobs within the financial mathematics field make $30,100, which could be worse. The highest earning grads from financial mathematics attended Massachusetts Institute of Technology and if you want to find the colleges with all of the highest earning graduates, we have that too.

The all-around diversity of financial mathematics falls below average, ranking in the 44th percentile of majors nationally. The college with the most composite diversity for financial mathematics is Massachusetts Institute of Technology and here you can find our comprehensive list for the colleges with the most diversity. The financial diversity of the Financial Mathematics major only sits in the 15th percentile of all majors. Racial diversity is actually above financial diversity, in the 35th percentile. Students who are not asian, white, black, or latino compose the largest share at 66% of scholars majoring in financial mathematics. Additionally, 61% of undergrads pursuing a financial mathematics degree are men.

We have insufficient professors data for financial mathematics to make the conclusions we normally would have made in this sentence. As we consider data other than basic rankings it becomes clear that the university with comprehensively the best instructors for financial mathematics is Massachusetts Institute of Technology. You will find more detail on our evolving ranking methodology of the best overall professors here, along with some of the finest instructors nationwide.

Finally, the most difficult college to get into for financial mathematics is Massachusetts Institute of Technology. While we do not necessarily see the value in it, we do have a general list of the hardest colleges to get into. But, here at Authority we hope you understand that approaching academics with a lens only informed by superlatives could be said to be the root of many of higher education's fundamental issues. We hope you explore our other pages on individual schools and explore a couple of Authority's background articles on important details to think about as you progress with your university search.

Financial Mathematics Degree Rankings

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YEARS

TYPE

ONLINE/CAMPUS

CAMPUS SETTING

STUDENT BODY

SELECTIVITY

COST

$0 -

$60000

MAJOR

ADMISSIONS

LOCATION

RELIGIOUS AFFILIATION

Stevens Institute of Technology

#1 Best Colleges for Financial Mathematics

Stevens Institute of Technology is a mid-sized private university located in Hoboken, NJ ranked 65th in the nation. It has a total of 3,462 full-time undergraduate students and is somewhat competitive, accepting 39.96% of applicants. Stevens Institute of Technology offers 133 different majors and is best known for its Computer Engineering, Financial Mathematics, and Music Technology programs (nationally ranked 1st, 1st, and 2nd respectively). With an annual tuition of $52,134 per year, Stevens Institute of Technology is extremely pricey. 77.16% of students graduate ready to the next chapter of their lives, entering the labor force. After graduation, alumni go on to make near $89,200 per year, which is 115% over the national median.

Hoboken, NJ

www.stevens.edu

A+

Rating

40%

Acceptance

7,990

Students

#65

Ranking

$52,134

Tuition

Massachusetts Institute of Technology

#2 Best Colleges for Financial Mathematics

Massachusetts Institute of Technology is a large private university located in Cambridge, MA ranked 1st in the US. It has a total of 4,698 full-time undergraduate students and is highly competitive, accepting 6.7% of applicants. Massachusetts Institute of Technology offers 114 different majors and is best known for its Computer Science, Mathematics, and Physics programs, which are all nationally ranked 1st. With an annual tuition of $53,450 per year, Massachusetts Institute of Technology is extremely expensive. 90% of students graduate ready to the next phase of their lives, working. After finishing college, alumni go on to generate near $104,700 per year, which is 152% greater than the national median.

Cambridge, MA

web.mit.edu/

A+

Rating

7%

Acceptance

12,321

Students

#1

Ranking

$53,450

Tuition

University of California-Los Angeles

#3 Best Colleges for Financial Mathematics

University of California-Los Angeles is a very large public university located in Los Angeles, CA ranked 33rd in America. It has a total of 33,703 full-time undergraduate students and is quite competitive, accepting 12.32% of applicants. University of California-Los Angeles offers 333 different majors and is best known for its Psychology, Sociology, and Political Science and Government programs, which are all nationally ranked 1st. With an annual tuition of $11,442 for students from California and $41,196 for those from out-of-state, University of California-Los Angeles is quite expensive. 80.62% of students graduate starting the next chapter of their lives, working. After finishing their studies, alumni go on to earn more or less $60,700 per year, which is 46% above the national median.

Los Angeles, CA

www.ucla.edu/

A+

Rating

12%

Acceptance

47,103

Students

#33

Ranking

$41,196

Tuition

University of Southern California

#4 Best Colleges for Financial Mathematics

University of Southern California is a very large private university located in Los Angeles, CA ranked 24th in the United States. It has a total of 21,909 full-time undergraduate students and is quite competitive, accepting 11.42% of applicants. University of Southern California offers 527 different majors and is best known for its Communication and Media Studies, Film, and Gerontology programs, which are all nationally ranked 1st. With an annual tuition of $57,256 per year, University of Southern California is very high-priced. 87.78% of students graduate moving on to the next chapter of their lives, entering the labor market. After college, alumni go on to take home around $74,000 per year, which is 78% over the national median.

Los Angeles, CA

www.usc.edu/

A+

Rating

11%

Acceptance

53,186

Students

#24

Ranking

$57,256

Tuition

University of Portland

#5 Best Colleges for Financial Mathematics

University of Portland is a small private institution located in Portland, OR ranked 220th in the United States. It has a total of 4,102 full-time undergraduate students and is not very competitive, accepting 76.65% of applicants. University of Portland offers 68 different majors and is best known for its German Studies, Organizational Communication, and Financial Mathematics programs (nationally ranked 1st, 4th, and 5th respectively). With an annual tuition of $47,478 per year, University of Portland is very high-priced. 80.69% of students graduate ready to the next phase of their lives, working. After graduation, alumni go on to bring in more or less $58,800 per year, which is 42% greater than the national median.

Portland, OR

https://www.up.edu

A

Rating

77%

Acceptance

4,788

Students

#220

Ranking

$47,478

Tuition

University of Connecticut

#6 Best Colleges for Financial Mathematics

University of Connecticut is a very large public university located in Storrs, CT ranked 130th in America. It has a total of 20,479 full-time undergraduate students and is not very competitive, accepting 49.42% of applicants. University of Connecticut offers 376 different majors and is best known for its Allied Health and Medical Assisting Services, Actuarial Science, and History Teacher Education programs (nationally ranked 2nd, 4th, and 4th respectively). With an annual tuition of $13,798 for in-state students and $36,466 for those from out-of-state, University of Connecticut is quite costly. 72.61% of students graduate moving on to the next stage of their lives, employment. After finishing college, alumni go on to earn around $58,400 per year, which is 41% above the national median.

Storrs, CT

uconn.edu/

A

Rating

49%

Acceptance

29,683

Students

#130

Ranking

$36,466

Tuition

Wabash College

#7 Best Colleges for Financial Mathematics

Wabash College is a very small private liberal arts college located in Crawfordsville, IN ranked 257th in America. It has a total of 887 full-time undergraduate students and is not very competitive, accepting 64.19% of applicants. Wabash College offers 26 different majors and is best known for its Rhetoric and Composition, Financial Mathematics, and German Language and Literature programs, which are all nationally ranked 7th. With an annual tuition of $43,870 per year, Wabash College is rather expensive. 71.62% of students graduate moving on to the next stage of their lives, joining the workforce. After finishing their studies, alumni go on to make near $56,300 per year, which is 36% greater than the national median.

Crawfordsville, IN

www.wabash.edu

A-

Rating

64%

Acceptance

887

Students

#257

Ranking

$43,870

Tuition

Carnegie Mellon University

#8 Best Colleges for Financial Mathematics

Carnegie Mellon University is a large private university located in Pittsburgh, PA ranked 21st in the nation. It has a total of 7,068 full-time undergraduate students and is quite competitive, accepting hardly above 1/7 of applicants. Carnegie Mellon University offers 321 different majors and is best known for its Electrical and Electronics Engineering, Statistics, and Information Technology programs, which are all nationally ranked 1st. With an annual tuition of $55,816 per year, Carnegie Mellon University is extremely high-priced. 78.26% of students graduate moving on to the next phase of their lives, working. After college, alumni go on to earn around $83,600 per year, which is 101% over the national median.

Pittsburgh, PA

www.cmu.edu/

A+

Rating

15%

Acceptance

15,143

Students

#21

Ranking

$55,816

Tuition

Trinity University

#9 Best Colleges for Financial Mathematics

Trinity University is a small private college located in San Antonio, TX ranked 105th in the US. It has a total of 2,540 full-time undergraduate students and is relatively competitive, accepting 28.76% of applicants. Trinity University offers 65 different majors and is best known for its Engineering Science, Ecology and Evolutionary Biology, and Financial Mathematics programs (nationally ranked 4th, 8th, and 9th respectively). With an annual tuition of $44,064 per year, Trinity University is quite high-priced. 78.04% of students graduate beginning the next phase of their lives, working. Open graduating, alumni go on to bring home approximately $54,900 per year, which is 32% over the national median.

San Antonio, TX

https://new.trinity.edu/

A

Rating

29%

Acceptance

2,774

Students

#105

Ranking

$44,064

Tuition

Whitman College

#10 Best Colleges for Financial Mathematics

Whitman College is a small private liberal arts college located in Walla Walla, WA ranked 128th in the nation. It has a total of 1,605 full-time undergraduate students and is not very competitive, accepting about 5/9 of applicants. Whitman College offers 59 different majors and is best known for its Environmental Biology, German Language and Literature, and Financial Mathematics programs (nationally ranked 7th, 9th, and 10th respectively). With an annual tuition of $53,420 per year, Whitman College is exceptionally pricey. 82.69% of students graduate ready to the next phase of their lives, entering the labor force. Open graduating, alumni go on to draw about $51,300 per year, which is 24% above the national median.

Walla Walla, WA

www.whitman.edu

A

Rating

56%

Acceptance

1,605

Students

#128

Ranking

$53,420

Tuition

CUNY Bernard M Baruch College

#11 Best Colleges for Financial Mathematics

CUNY Bernard M Baruch College is a large public college located in New York, NY ranked 188th in the US. It has a total of 18,470 full-time undergraduate students and is not very competitive, accepting 43.47% of applicants. CUNY Bernard M Baruch College offers 89 different majors and is best known for its Accounting, Sales, Distribution, and Marketing Operations, and Sales and Merchandising programs, which are all nationally ranked 1st. With an annual tuition of $6,930 for in-state students and $14,880 for those from out-of-state, CUNY Bernard M Baruch College is moderately priced. 63.98% of students graduate beginning the next chapter of their lives, joining the workforce. After graduation, alumni go on to earn about $57,200 per year, which is 38% above the national median.

New York, NY

www.baruch.cuny.edu

A

Rating

43%

Acceptance

22,091

Students

#188

Ranking

$14,880

Tuition

Seton Hall University

#12 Best Colleges for Financial Mathematics

Seton Hall University is a large private university located in South Orange, NJ ranked 237th in America. It has a total of 6,397 full-time undergraduate students and is not very competitive, with a 73.63% acceptance rate. Seton Hall University offers 119 different majors and is best known for its Humanities, Theological and Ministerial Studies, and Financial Mathematics programs (nationally ranked 1st, 11th, and 12th respectively). With an annual tuition of $41,460 per year, Seton Hall University is quite costly. 66.06% of students graduate moving on to the next stage of their lives, joining the labor force. After graduation, alumni go on to earn close to $57,200 per year, which is 38% above the national median.

South Orange, NJ

www.shu.edu/

A-

Rating

74%

Acceptance

11,539

Students

#237

Ranking

$41,460

Tuition

University of Cincinnati-Main Campus

#13 Best Colleges for Financial Mathematics

University of Cincinnati-Main Campus is a very large public university located in Cincinnati, OH ranked 25th in Ohio. It has a total of 30,173 full-time undergraduate students and is not very competitive, accepting barely under seven ninths of applicants. University of Cincinnati-Main Campus offers 459 different majors and is best known for its Respiratory Care Therapy, Clinical Laboratory Science, and Commercial and Advertising Art programs (nationally ranked 2nd, 3rd, and 3rd respectively). With an annual tuition of $9,982 for in-state students and $25,316 for those from out-of-state, University of Cincinnati-Main Campus is reasonably high-priced. 48.08% of students graduate ready to the next chapter of their lives, joining the labor force. After finishing their studies, alumni go on to earn close to $42,300 per year, which is 2% above the national median.

Cincinnati, OH

www.uc.edu

C+

Rating

77%

Acceptance

43,692

Students

#661

Ranking

$25,316

Tuition

University of Kentucky

#14 Best Colleges for Financial Mathematics

University of Kentucky is a very large public university located in Lexington, KY ranked 4th in Kentucky. It has a total of 23,167 full-time undergraduate students and is not competitive, accepting 95.85% of applicants. University of Kentucky offers 360 different majors and is best known for its Music History, Literature, and Theory, Technical Teacher Education, and Physical Education programs (nationally ranked 2nd, 3rd, and 8th respectively). With an annual tuition of $11,011 for in-state students and $29,331 for those from out-of-state, University of Kentucky is somewhat moderately pricey. 57.58% of students graduate moving on to the next phase of their lives, employment. After graduation, alumni go on to draw approximately $45,100 per year, which is 9% over the national median.

Lexington, KY

www.uky.edu

B

Rating

96%

Acceptance

30,981

Students

#515

Ranking

$29,331

Tuition