Master of Quantitative Finance ranks #1 in Canada

Thursday, January 24, 2019

The Master of Quantitative Finance program has been recognized as the top quantitative finance master's program in Canada. 

Risk.net's Quant Finance Master Guide 2019 has updated their world ranking of the top 15 leading quantitative finance master's programs.  University of Waterloo's Master of Quantitative Finance (MQF) secured the top spot within Canada and 12th overall globally.   

Risk.net lists that they have determined their ranking by considering: 

"metrics including graduate salaries, programme selectivity, student-lecturer contact hours and faculty research scores to run the rule over more than 40 leading quantitative finance-focused master’s programmes worldwide. Particular weight was given to average graduate salaries and a strong employment rate."

Risk.netQuant Finance Master’s Guide 2019

Top 15 quant finance master’s programmes

Rank University/institution No. of students Accept. rate Students accepting offers Employ. rate in finance Total citations, top five lecturers Salary ($)
1 Princeton University 25 5% 79% 100%            85,545 160,000
2 University of California, Berkeley (Haas School of Business) 67 17% 79% 99% 30,526 159,402
3 Baruch College, City University of New York 40 8% 83% 100% 4,133 115,000
4 New York University (Courant Institute of Mathematical Sciences) 110 12% 31% 100% 21,155 110,000
5 Columbia University 101 15% 50% 95% 20,674 102,300
6 ETH Zurich/University of Zurich 22 17% n/a 100% 28,174 83,455
7 EISTI 19 20% 73% 100% n/a 47,865
8 Carnegie Mellon University 97 13% 67% 94% 4,359 99,649
9 Illinois Institute of Technology 34 48% 60% 100% 3,716 91,000
10 Cornell University 58 22% 30% 95% 24,490 93,850
11 University of Chicago 112 17% n/a 94% n/a 85,000
12 University of Waterloo 9 13% 64% 95% 4,474 60,290
13 New York University (Tandon School of Engineering) 163 27% 38% 92% 15,974 87,500
14 Fordham University (Gabelli School of Business) 65 10% n/a 90% 1,012 82,500
15 University of Washington 114 13% 46% 92% 2,535 86,500