NEW YORK--(EON: Enhanced Online News)--The Master’s of Financial Engineering Program at Baruch College was ranked #4 in the 2013 QuantNet Ranking of Financial Engineering, Mathematical Finance M.S. Programs released on September 24. With an overall score of 98 (out of 100) Baruch College was ranked above institutions including Columbia University, Cornell University, and Massachusetts Institute of Technology.
The 2013 Quantnet ranking is the most comprehensive to date of master programs in Financial Engineering and Mathematical Finance in North America. QuantNetwork issues this ranking every other year, and Baruch College’s MFE Program moved up from #5 in 2011.
Professor Dan Stefanica, Co-Director of the Baruch College Financial Engineering Program, attributes the success of Baruch’s MFE Program to the recent achievements by its students:
- In February 2012, Baruch’s MFE Team won 1st place at the 9th Annual Rotman International Trading Competition and two Baruch teams finished in the Top Five Overall – at #1 and #4.
- Baruch’s MFE Program won 2nd place in the International Association of Financial Engineers (IAFE) Academic Case Competition, which concluded in December 2012.
- Baruch College’s MFE students won 3rd place at the 10th Annual Rotman International Trading Competition held Feb. 21-23, 2013 at the University of Toronto.
Professor Stefanica also said the success of MFE graduates in the job market has been very strong over the past three years, with employers of Baruch alumni including Barclays Capital, JPMorgan, Goldman Sachs, ITG, Morgan Stanley and State Street.
Methodology for the 2013-2014 QuantNet Ranking of the MFE Programs: 25 master programs in Financial Engineering, Mathematical Finance, Quantitative Finance were surveyed from August to September 2013 on admission, placement, and career services information. The overall score for each program was accumulated from points in each category: Employer Survey Score, Placement Success and Student Selectivity and multiplied by the category's assigned weighted average. The final scores were rounded to the nearest integer.
About Baruch College:
Baruch College is a senior college in the City University of New York (CUNY) with a total enrollment of more than 17,000 students, who represent 160 countries and speak more than 100 languages. Ranked among the top 15% of U.S. colleges and the No. 4 public regional university, Baruch College is regularly recognized as among the most ethnically diverse colleges in the country. As a public institution with a tradition of academic excellence, Baruch College offers accessibility and opportunity for students from every corner of New York City and from around the world. For more about Baruch College, go to http://www.baruch.cuny.edu/.