Baruch College’s Master of Financial Engineering Program Places #3 in Global Ranking evaluated 46 programs from 11 countries, with the Baruch MFE program ranking #3 worldwide and #1 in New York State ahead of Columbia, Cornell, NYU 

The Master of Financial Engineering (MFE) program at Baruch College’s Weissman School of Arts and Sciences placed #3 in the “Quant Finance Master’s Guide 2019” worldwide ranking compiled by, which evaluated 46 quantitative finance master’s programs from 11 countries.

The first global ranking of its kind, the list included programs from Australia, Austria, Belgium, Canada, China, France, Italy, Netherlands, Switzerland, United Kingdom, and the United States.

Among all the higher education institutions in New York who made the top 10, Baruch placed #1, ahead of New York University, Columbia University, and Cornell University.

Achievements from Career Placements to Competitions

“Being ranked in the top three that includes programs from four continents is a point of pride,” said Dan Stefanica, PhD, director of Baruch College’s Master of Financial Engineering program. “We are proud of the achievements of our students year after year, on the job market and in multiple competitions, and of our alumni who mentor our students and directly contribute to their success.” is the world’s leading source of in-depth news and analysis on risk management, derivatives and regulation. considered metrics including graduate salaries, program selectivity, student-lecturer contact hours, and faculty research scores in its methodology to evaluate more than 40 leading quantitative finance-focused master’s programs worldwide. Particular weight was given to average graduate salaries and a strong employment rate, said.

MFE Students Excel at Competitions and Working for Top Organizations     

Students from Baruch’s MFE program have performed admirably at several recent national and international competitions. Xiangtian (Forest) Deng was on the winning team (out of 30 teams) at the 2018 Columbia Data Science Hackathon. For the third year in a row, the Baruch MFE team won the sixth annual International Association for Quantitative Finance competition in June 2017. Additionally, the Baruch MFE team won the 2017 Rotman International Trading Competition that took place at University of Toronto and included 52 academic institutions from four continents.

Graduates of Baruch College’s MFE programs typically receive job offers from such prestigious companies as AQR, Credit Suisse, Goldman Sachs, JP Morgan, Pont72, and Schonfeld. The average first year base salary and sign-on bonus exceeded $120,000 in each of the past five years.

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